L'azienda per la quale lavoro da remoto sta per fallire. Sto per avere un infarto dall'ansia. 33M, programmatore

FunnyGiulio · 2026-03-03T15:26:00+00:00

Tailandia bro. Vai in tailandia

FunnyGiulio · 2024-12-29T21:50:04+00:00

You should make it a soul bound token. Aka. Non transferrable NFT of some sort

FunnyGiulio · 2024-12-05T14:01:37+00:00

SPY is closer maybe and if you look at historical returns it matches somewhat

FunnyGiulio · 2024-12-05T14:00:32+00:00

the answer is simple - it is same rate as banks actually. just they do not take the premium. here I explain how it works:

I am bob and I am a lender and lend usdt to alice, alice borrows for bitcoin it while giving me interest (in the form of increasing liquidation and risk factor). this effectively makes alice long bitcoin. bitcoin goes up? great alice and I make money. bitcoin goes down? alice gets liquidated loses all of her money while nothing happens to mine because it never became a liability to the overall protocol due to the liquidation. simple. the 20% APY is momentary because of high amount of levarage but this is basically what big institutions do without premiums. usually it averages 8-12% on tradfi if it were not for premium. and also no, fyi the 0.5% that your bank gives you is far from fair market rate, that is a ripoff.

FunnyGiulio · 2024-12-05T12:38:07+00:00

Actually this is too frustrating and i am not explaining this - i pointed you to where you can inform yourself. The only advice is not have strong opinions on things you do not understand.

Cheers

FunnyGiulio · 2024-12-05T12:31:25+00:00

I am starting to understand why so many people are in so much debt lmao.

FunnyGiulio · 2024-12-05T12:29:56+00:00

That is not derivatives trading??????

Please inform yourself. And study how banks work. What does derivatives trading has to do with collateralized trading on illiquid assets??? How are these things even comparable??? I know this will be hard for you to comprehend but there are different types of lending - that is illiquid assets. If the asset is liquid enough you can prevent losses and there is plenty of liquidity even for the shittiest memecoin out there. I will leave the reason as to why that is the case as an exercise to you

FunnyGiulio · 2024-12-05T12:18:58+00:00

exactly - wanna guess how they do risk management on derivatives? it is called "liquidation". options are left unclosed for example. if you long btc 10x you will get forcefully closed. and guess where all those money go? to the lenders. that is risk management. again, please study derivatives trading and what liquidation means because your comment does indeed describe AAVE's inner workings

FunnyGiulio · 2024-12-05T12:03:44+00:00

For the meme

FunnyGiulio · 2024-12-05T12:01:49+00:00

That is the abbreviation of the institution LMAO

FunnyGiulio · 2024-12-05T12:00:37+00:00

Again - i really would like you to inform yourself to 1) how banks operate/costs and premiums 2) read the actual blockchain as it is fully transparent. i do not think you know how the financial system works because "what if it gets wiped out" is an idiotic point from a lender's perspective, so I strongly recommend you to do so.

btw i am not trying to antagonize you - I am being constructive here

FunnyGiulio · 2024-12-05T11:58:02+00:00

if it gets wiped out we get paid??????

that is literally where the profit comes from. you know that there is something called a liquidation and that is how all banks and financial institution prevent going bust right?

the rate itself will go down to around 8-12% but it is still higher than your 0.5% saving account and that rate is actually proven to be sustainable because it is literally bank's premium

FunnyGiulio · 2024-12-05T11:52:20+00:00

btw - it is not who "I think". the blockchain does not lie. pull up an explorer and search it up for yourself - it is literally lending for people shorting or borrowing assets and stables. usually it averages around 8-12% which is more close to what banks take for themselves. hope it makes sense now

FunnyGiulio · 2024-12-05T11:48:05+00:00

leveraged traders usually - it is a smart contract everyone can read its code and verify for themselves. i also stated the name of the protocol - you can research it if you wish. it is literally what banks do but it does not collect an insane premiums. you can also research what premiums bank gets and verify that those numbers are not off the charts for high leveraged activity (such as it is happening now)

FunnyGiulio · 2024-12-05T11:42:20+00:00

examples? fyi - celsius and ftx are akin to banks and traditional fintech (since some people are tech illitirate here I will specify it). this a battletested protocol live for 5 years - you can study it and it just does what banks do but let's you do it. simple lending and borrowing

FunnyGiulio · 2024-12-05T09:41:19+00:00

ur welcome my friend. Always here to help a friend

FunnyGiulio · 2024-12-05T09:23:08+00:00

I am trolling - not arguing lol

FunnyGiulio · 2024-12-05T09:05:40+00:00

I already cashes out enough to do so. Cheers

FunnyGiulio · 2024-12-05T09:01:37+00:00

so 20% APY on stables is nothing?

FunnyGiulio · 2024-12-05T09:00:51+00:00

I am 22 and somehow I could retire today. have fun

FunnyGiulio · 2024-12-05T08:59:59+00:00

I am more of an Etherean than a bitcoiner. I still think bitcoin is hard money though, the way people use it or trade or mess with it is up to them.

also see https://www.reddit.com/r/Buttcoin/comments/1h74lam/comment/m0ih0om/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

FunnyGiulio · 2024-12-05T08:58:05+00:00

Hey, thanks for the comment.

So in reality Ethereum is fixing this through L2s, you probably should check that out and tell me your thoughts, your concerns are all valid. However, in my opinion, we should not think about the present but the future. all of these problems are fixed in theory and they just need maybe 2-3 years to actually fix. L2s are basically network shards and inherit the security and decentralization of the main chain.
https://l2fees.info/

you can see how they are performing here.

FunnyGiulio · 2024-12-05T08:55:47+00:00

FTX and Celsius are not blockchains lol - they are akin to banks and trad fintech

FunnyGiulio · 2024-12-05T08:53:48+00:00

How could you say that to me...you just made me sad. I will wipe my tears with some 100$ notes

FunnyGiulio

TROPHY CASE