6 Comments

Hey Chris, any chance of releasing the audio on the QTR Podcast? It’s a ton easier to listen to it that way.

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Your discussion with Peter Schiff was excellent. One of your best.

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Jun 13, 2022·edited Jun 13, 2022

1) Thanks for hammering this nail; it needs it. Mashinsky is a clear bad actor. I'm not always a fan of Peter, but he was right on the money here. I've dealt with yield producing crypto firms; the ones I dealt with never tried to snow job the customer with the 'dividend' narrative. They were very clear about how the yield was produced, and adjusted their rates as the market conditions and capital changed.

2) Unfortunately, what I've learned is that in the modern US financial markets, the profitable take is not to avoid it, but to get in on the first 6 months and then hit the eject button and never look back, poor long term suckers or not.

Last) My worry is that eventually, we go from not enough water in the regulatory toilet bowl to flush the turds, to overflowing turds and 'upper deckers' from the regulatory toilet bowl. Things weren't perfect in past eras, but it seemed like there was a little more 'flush courtesy' and better plumbers on the job. It's like I learned a long time ago...this is why we can't have nice things.

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Do you know much about Voyager? They have been paying yields as well.

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Looks like my post was swyftly deleted....

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