Interesting rorsach this picture is.
“Parasite class” clearly refers to government and NGO employees embezzling government funds.
Elon haters read it as welfare recipients.
Most of what is covered by insurance is your liability to other people: their car, their medical bills, their property.
Covering your own car is actually optional in most states.
Just did the same thing last year, was probably 15+ years and I thought for sure it was bad. 1 minor cavity under a filling.
I think dentists might be the cause of cavities 😂
Ok so 10k/day tweets now have a going rate of $8/mo.
Now we know the time value of tweets, we can establish Tweet futures markets.
With Tweet futures markets, we can extrapolate a vol surface and start a Tweet options market.
Then we ask Gary if Tweets are securities or not.
Hyperliquid just performed the cleanest deleveraging of this size in the history of crypto.
These guys actually built a risk engine that works, pretty much no other venue that says they have this actually has this.
Very bullish on Hyperliquid after yesterday.
TLDR: During recent volatility, Hyperliquid had 100% uptime with zero bad debt. This was Hyperliquid’s first cross-margin ADL in more than 2 years of operation. ADL does not change the outcome for any liquidated users. While some specific ADL providing trades were unfavorable,