Skip to content
By using Twitter’s services you agree to our Cookies Use. We and our partners operate globally and use cookies, including for analytics, personalisation, and ads.
  • Home Home Home, current page.
  • About

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @
  • Language: English
    • Bahasa Indonesia
    • Bahasa Melayu
    • Català
    • Čeština
    • Dansk
    • Deutsch
    • English UK
    • Español
    • Filipino
    • Français
    • Hrvatski
    • Italiano
    • Magyar
    • Nederlands
    • Norsk
    • Polski
    • Português
    • Română
    • Slovenčina
    • Suomi
    • Svenska
    • Tiếng Việt
    • Türkçe
    • Ελληνικά
    • Български език
    • Русский
    • Српски
    • Українська мова
    • עִבְרִית
    • العربية
    • فارسی
    • मराठी
    • हिन्दी
    • বাংলা
    • ગુજરાતી
    • தமிழ்
    • ಕನ್ನಡ
    • ภาษาไทย
    • 한국어
    • 日本語
    • 简体中文
    • 繁體中文
  • Have an account? Log in
    Have an account?
    · Forgot password?
    New to Twitter?
    Sign up
macrocephalopod's profile
macrocephalopod
macrocephalopod
macrocephalopod
@macrocephalopod

Tweets

macrocephalopod

@macrocephalopod

Paul Allen, Vice President M&A, Pierce & Pierce (Sie/Hir) | Vegan | Silence is Violence | Women’s Rights Are Human Rights | ACAB (Assigned Cephalopod At Birth)

Joined December 2020

Tweets

  • © 2022 Twitter
  • About
  • Help Center
  • Terms
  • Privacy policy
  • Cookies
  • Ads info
Dismiss
Previous
Next

Go to a person's profile

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @

Promote this Tweet

Block

  • Tweet with a location

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

    Your lists

    Create a new list

    Under 100 characters, optional
    Privacy

    Copy link to Tweet

    Embed this Tweet

    Embed this Video

    Add this Tweet to your website by copying the code below. Learn more

    Add this video to your website by copying the code below. Learn more

    Hmm, there was a problem reaching the server.

    By embedding Twitter content in your website or app, you are agreeing to the Twitter Developer Agreement and Developer Policy.

    Preview

    Why you're seeing this ad

    Log in to Twitter

    · Forgot password?
    Don't have an account? Sign up »

    Sign up for Twitter

    Not on Twitter? Sign up, tune into the things you care about, and get updates as they happen.

    Sign up
    Have an account? Log in »

    Two-way (sending and receiving) short codes:

    Country Code For customers of
    United States 40404 (any)
    Canada 21212 (any)
    United Kingdom 86444 Vodafone, Orange, 3, O2
    Brazil 40404 Nextel, TIM
    Haiti 40404 Digicel, Voila
    Ireland 51210 Vodafone, O2
    India 53000 Bharti Airtel, Videocon, Reliance
    Indonesia 89887 AXIS, 3, Telkomsel, Indosat, XL Axiata
    Italy 4880804 Wind
    3424486444 Vodafone
    » See SMS short codes for other countries

    Confirmation

     

    Welcome home!

    This timeline is where you’ll spend most of your time, getting instant updates about what matters to you.

    Tweets not working for you?

    Hover over the profile pic and click the Following button to unfollow any account.

    Say a lot with a little

    When you see a Tweet you love, tap the heart — it lets the person who wrote it know you shared the love.

    Spread the word

    The fastest way to share someone else’s Tweet with your followers is with a Retweet. Tap the icon to send it instantly.

    Join the conversation

    Add your thoughts about any Tweet with a Reply. Find a topic you’re passionate about, and jump right in.

    Learn the latest

    Get instant insight into what people are talking about now.

    Get more of what you love

    Follow more accounts to get instant updates about topics you care about.

    Find what's happening

    See the latest conversations about any topic instantly.

    Never miss a Moment

    Catch up instantly on the best stories happening as they unfold.

    1. Patrick McKenzie‏ @patio11 7 May 2021

      Patrick McKenzie Retweeted Bitfinex

      Seems like Tether about to move to a new set of fictions, which will both make them need some method of price support and also generate the volatility that is the lifeblood of all the crypto exchanges.https://twitter.com/bitfinex/status/1390241119687032840 …

      Patrick McKenzie added,

      0:11
      BitfinexVerified account @bitfinex
      Margin trading for USDt/USD pair is now available on Bitfinex! USDt/USD can be traded with a maximum leverage of 10x, an initial margin of 10% and a maintenance margin of 5%. Find out more⬇️ https://www.bitfinex.com/posts/647  pic.twitter.com/IDHUTl0Eya
      4 replies 0 retweets 27 likes
      Show this thread
    2. Patrick McKenzie‏ @patio11 7 May 2021

      I’m assuming it’s “Backed? What does backed mean anyway. We’re an asset manager, who attempts to keep the value of tether stable but also earn competitive returns, and naturally that means we’ll have a portfolio of various assets. We’re adequately liquid but you can always sell.”

      3 replies 0 retweets 23 likes
      Show this thread
    3. macrocephalopod‏ @macrocephalopod 7 May 2021
      Replying to @patio11

      What do you think about the argument that Tether was not fully backed at some point in the past, but they bought a ton of bitcoin (or other assets) that went up a lot relative to USD, and now it's fully backed again.

      1 reply 0 retweets 2 likes
    4. macrocephalopod‏ @macrocephalopod 7 May 2021
      Replying to @macrocephalopod @patio11

      i.e. they yolo'd their way out of what would otherwise have been a massive fraud case.

      1 reply 0 retweets 1 like
    5. Patrick McKenzie‏ @patio11 7 May 2021
      Replying to @macrocephalopod

      I think that that’s not likely going to be a defense which flies.

      2 replies 0 retweets 2 likes
      macrocephalopod‏ @macrocephalopod 7 May 2021
      Replying to @patio11

      Hard agree! But do you think it's fully backed now or not? Seems to me that if Tether unravels it is more likely to be a fraud or money laundering case than a bank run.

      2:03 AM - 7 May 2021
      1 reply 0 retweets 0 likes
        1. New conversation
        1. sasuke ☀️420‏ @sasuke___420 7 May 2021
          Replying to @macrocephalopod @patio11

          I think it's fully backed as of a couple months ago because my auditors seem to be quite thorough and said it was at the time. Patrick has a blog post about different things being true in the past, which is troubling.

          1 reply 0 retweets 1 like
        2. sasuke ☀️420‏ @sasuke___420 7 May 2021
          Replying to @sasuke___420 @macrocephalopod @patio11

          There is also a fun question about whether "some guy has an obligation to repay X tether" makes X tether fully backed

          0 replies 0 retweets 1 like
          3. End of conversation

      Loading seems to be taking a while.

      Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.

        Promoted Tweet

        false

        • © 2022 Twitter
        • About
        • Help Center
        • Terms
        • Privacy policy
        • Cookies
        • Ads info