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macrocephalopod's profile
macrocephalopod
macrocephalopod
macrocephalopod
@macrocephalopod

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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

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    1. Bong Capital‏ @BongCapital 14 May 2021

      Who knew there were so many FinTwit experts on cash equivalents.

      2 replies 0 retweets 16 likes
    2. MaccTownFan‏ @MaccTownFan 14 May 2021
      Replying to @BongCapital

      Is this related to the Tether disclosures? Is there a good thread on that you can recommend?

      1 reply 0 retweets 0 likes
    3. Bong Capital‏ @BongCapital 14 May 2021
      Replying to @MaccTownFan

      Bong Capital Retweeted macrocephalopod

      The cephalopod has a good non-hysterical thread.https://twitter.com/macrocephalopod/status/1393116627856658432 …

      Bong Capital added,

      macrocephalopod @macrocephalopod
      Tether released their reserves breakdown, as required by the New York Attorney General. There's a lot of noise about it (OMG it is only 2.9% backed by cash!!) but this doesn't look that bad to me? pic.twitter.com/lRxPpGGMYI
      Show this thread
      1 reply 0 retweets 3 likes
      macrocephalopod‏ @macrocephalopod 14 May 2021
      Replying to @BongCapital @MaccTownFan

      To be clear their disclosure definitely leaves a lot to be desired! But it’s not prima facie bad, and anyone who says it is is engaging in some pretty motivated reasoning.

      3:20 AM - 14 May 2021
      • 2 Likes
      • MaccTownFan Bong Capital
      1 reply 0 retweets 2 likes
        1. Bong Capital‏ @BongCapital 14 May 2021
          Replying to @macrocephalopod @MaccTownFan

          Exactly. But of course there are People On Here who seem extremely confident that they know the precise nature of the CP and deposits. Funny how they never spoke up before this disclosure.

          0 replies 0 retweets 2 likes
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