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https://warpcast.com/~/channel/brypto
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matthewb
@matthewb
encouraging regular people to go 40x long with their home equity is beyond insane. https://x.com/joeconsorti/status/1929592338738761926
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Timbrrr 🎩🧢 ↑ 🍖
@twb
"Essentially, Horizon is a perpetual house-backed Bitcoin call option." This is just bonkers, people barely understand that a house is leverage. let alone bundling that risk into call option leverage only (!!!)
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matthewb
@matthewb
once you dig into it, there are multiple layers of insanity
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