Michael Kao
Michael Kao

@UrbanKaoboy

12 Tweets Jan 26, 2023
Musings of the Day, 11/15/22:
This whole CeFi vs. DeFi debate misses the point, imho.
The main difference between all these shitcoin incentive tokens and the Big Granddaddy $ETH is level of ADOPTION.
Underlying tokenomics are STILL circular:
$VIX is perking up again while its cousin $UVXY is still sleeping on the couch.
Did Russia just pull an Aemon Targaryen?
Aemond, excuse me.
“How deep does the rabbit hole go,” indeed?
Beat me to it. Was literally musing that we live in a world of such fat tails that it’s seem incredible to me that the $VIX continues to exhibit such complacency.
Is $SI going to be the first “real world” implosion from this FTX s Crypto contagion?
Idk about y’all but it’ll be nice to reclaim a bunch of tickers/acronyms co-opted by all these ShitCoins.
The one I really want back is “UST.”
Duh. Who woulda thunk it??
Sounds familiar.
😏
Piece of the Berlin Wall @ the Reagan Library

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