TLDR;
- SBF to buy Robinhood?
- Quantifying how screwed @BlockFi is
- What's next after the insolvency of 3AC
- Are we seeing 2008 round 2?
++ Gud threads and a gud interview
1/ @SBF_FTX to acquire @RobinhoodApp?
2/ Is @BlockFi screwed by @hodlKRYPTONITE
3/ @Crypto8Fi on what could happen next with the fall of 3AC
The insolvency of 3AC could be the start of a bigger domino collapse.
Why?
Because we are going to be in an extended bear market.
Many of the crypto VC funds you know will not currently have the capability to survive the next few years.
Here are the 4 reasons why:
4/ @cdixon on the parallels between now and 2008 and what to do
Thereβs a lot of talk lately about the possibility of a prolonged financial downturn, reminiscent of 2008. 2008 was a difficult time for many people.
5/ If you woke up today you are winning
Brain Food π§
The search for crypto cash flow by @JackNiewold
THE SEARCH FOR CRYPTO CASH FLOWS.
Are there any 'fundamentals' in crypto? Do real cash flows even exist? Is value accrual a meme?
I went on a hunt and found five crypto projects distributing actual cash flows to users:
Gud interview with @transmissions11
It's finally here.
The ___ Files interview series on Immunefi continues today with special guest @transmissions11, who graciously skipped out of his high school geography class to answer our penetrating questions.
Enjoy.
Daily Degen 2022 June 28 π¦π