josh.sg
I’ve seen things you people wouldn’t believe. AUD vol on a 40 handle. Crypto basis swaps. BNPL burrito taxis. Cloudwatch bills the size of a phone number. Memories, tears in rain, etc. etc.
👤 Joined on 12 April 2023
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By the end of this the BBC will not be the only party that is public owned, amirite?
Show PostThey were originally crated for crypto on DLT/blockchain but there’s no reason they would have to be. The big recent “innovation” is, unlike the rest of the world, that the CFTC has decided that they’re different than CFDs (even though they aren’t)
Show Postsure my point was that they're basically just exchange traded CFDs that aren't illegal because reasons
Show PostBecause the "loss" is entirely on paper, not anything to do with the core business. Also, like, why do I need to explain to anybody that strong revenue growth and profitability are often inversely correlated, especially for the highest growth companies.
Show PostOh man, some people are gonna run with the accounting expenses aren’t they?
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