12443
Jack Miller
@jackm #12443
Partner at Cosimo Capital
2531 Follower 646 Following
CBOE proposed a rule change that would allow ETFs to stake crypto
They completely punted on the liquidity question, saying:
“The Sponsor expects to maintain sufficient liquidity in The Trust to satisfy redemptions and current liabilities”
https://cdn.cboe.com/resources/regulation/rule_filings/pending/2025/SR-CboeBZX-2025-038.pdf
They completely punted on the liquidity question, saying:
“The Sponsor expects to maintain sufficient liquidity in The Trust to satisfy redemptions and current liabilities”
https://cdn.cboe.com/resources/regulation/rule_filings/pending/2025/SR-CboeBZX-2025-038.pdf
Hit me with the ol’ 5am wakeup then fall back asleep in my arms and I took the bait like a sucker
These same coins the US gov says they are not selling triggered a huge dump a while back over fears they were quietly selling …
Now they’re officially not selling and market dumping
Now they’re officially not selling and market dumping
When my son was 2 I'd hear him laugh from the other room and think "that's sweetest sound in the world"
Now he's 3 and I think "the Devil himself has entered my child and something terrible is about to happen"
Now he's 3 and I think "the Devil himself has entered my child and something terrible is about to happen"
Working out in the AM is GOATed
You always have time if you make time
You always have time if you make time
Deep into The Culture series rn
Epic space operas and sci-fi that takes non-human intelligence seriously. 10/10
1st book, Consider Phlebas, is kind of a side quest, told from the perspective of a Culture antagonist, distinct from the other books.
I enjoyed it as a story on its own and it warms you up to the saga
Epic space operas and sci-fi that takes non-human intelligence seriously. 10/10
1st book, Consider Phlebas, is kind of a side quest, told from the perspective of a Culture antagonist, distinct from the other books.
I enjoyed it as a story on its own and it warms you up to the saga
Mind blowing graphic
$10b+ market cap countries founded in the last 50 years in USA vs Europe
$10b+ market cap countries founded in the last 50 years in USA vs Europe
Mixed in calisthenics lately. 10/10. Recommend
Fun having new goals (skill work) instead of just weights++
Def leveled up balance, muscle control, and functional strength
Took some time and persistence to get off the ground (literally) but starting at ~0 on these skills meant progress was relatively quick
Fun having new goals (skill work) instead of just weights++
Def leveled up balance, muscle control, and functional strength
Took some time and persistence to get off the ground (literally) but starting at ~0 on these skills meant progress was relatively quick
My $0.02 on staking and liquidity re: ETFs as a liquid fund manager (last week's episode, sorry I'm behind)
Stupid-simple solution- just leave some unstaked, some rolling unstaked, and some always staked
Second- recreate a liquid staking token without a token. Just a private agreement for lenders to provide short-term liquidity knowing you're good for the collateral
Third- just use a liquid staking token
Fourth- some Frankenstein of those 3
Possible the ETF regulations will privilege different assets based on their lockups. SOL maybe better positioned than ETH for example. SOL staking ->3 days unlock in worst case, ETH worst case is like a month? It's messier
Unclear which liquidity regs *will* apply or (to a layman like me) which *should* apply but possible staked assets are deemed illiquid (some ETFs no more than 15% can be "illiquid"). Also possible staked SOL deemed not illiquid as worst case <7 days but ETH is deemed illiquid, meaning you only see staked SOL (et al) ETFs and not staked ETH ETFs
Stupid-simple solution- just leave some unstaked, some rolling unstaked, and some always staked
Second- recreate a liquid staking token without a token. Just a private agreement for lenders to provide short-term liquidity knowing you're good for the collateral
Third- just use a liquid staking token
Fourth- some Frankenstein of those 3
Possible the ETF regulations will privilege different assets based on their lockups. SOL maybe better positioned than ETH for example. SOL staking ->3 days unlock in worst case, ETH worst case is like a month? It's messier
Unclear which liquidity regs *will* apply or (to a layman like me) which *should* apply but possible staked assets are deemed illiquid (some ETFs no more than 15% can be "illiquid"). Also possible staked SOL deemed not illiquid as worst case <7 days but ETH is deemed illiquid, meaning you only see staked SOL (et al) ETFs and not staked ETH ETFs
Crypto feels like a wasteland because liquidity cycles are moving faster than technology cycles
As crypto gets bigger the problems take longer to solve
In the meantime we still see speculative bubbles and external forces like monetary easing
Some people hate this but really just need to zoom out
As crypto gets bigger the problems take longer to solve
In the meantime we still see speculative bubbles and external forces like monetary easing
Some people hate this but really just need to zoom out
Feels like a pretty meh deal for the Bulls
People have been saying "blow it up" since Lonzo got hurt
For their best asset they get 3 league average backups and their own pick back
People have been saying "blow it up" since Lonzo got hurt
For their best asset they get 3 league average backups and their own pick back
The boys teasing a historic episode drop this week and that Matt will be covering global auditing and accounting rules now that SAB 121 has been defeated
Get your popcorn ready
Get your popcorn ready
Being a parent means some days your morning workout gets interrupted because you have to play "zombies"
But you have become the kind of person that loves that
But you have become the kind of person that loves that
Before being a founder, a day full of meetings was mildly annoying but whatever
Now a day full of meetings is excruciating because of all the other things I didn't get done
Now a day full of meetings is excruciating because of all the other things I didn't get done
Firmly in the phase where all jokes get repeated and laughed at at least 10 times in a row
I know I’ll never get laughs this easy again 😂
I know I’ll never get laughs this easy again 😂
I'm from a city in the midwest best city in the whole wide wide world
this channel has more thristrap pics than the gram lol
People are discussing annexing Mexico and Canada
Approaching levels of "we're so back" previously thought impossible
Approaching levels of "we're so back" previously thought impossible
My sweet 3 year old smiled, looked me right in the eyes, and said “Dad you are such a bitch”
😂
😂
If your kid wants just one present for Christmas, ask follow up questions on what they are picturing so you know exactly how to present it
My son only wanted a gum ball machine (???) for his birthday but had a meltdown because he only wanted BLUE gum balls
My son only wanted a gum ball machine (???) for his birthday but had a meltdown because he only wanted BLUE gum balls
Sleep regression? You get lulled into a false sense of security and they just regress?
What torture is this
What torture is this
Feels like we are at an inflection point
This channel has more thirst trap pics than my Instagram feed
(Favorited)
(Favorited)
As political will (maybe) arcs towards truth and reconciliation for OCP 2.0 why don’t we just go after Warren?
I mean who cares about the rank and file paper pushers
”If you come at the king you better not miss” but IMO “missing” has been derisked
This should be her legacy
I mean who cares about the rank and file paper pushers
”If you come at the king you better not miss” but IMO “missing” has been derisked
This should be her legacy
My son is the best at cracking eggs in a houseful of good cooks. He cracks them out with full confidence, doesn’t worry at all about eggshells, yet doesn’t get any eggshells in the bowl
Lessons in there
Lessons in there
Still learning things after lifting weights for 10+ years
I was never fully engaging with my back muscles (not enough "scapular depression") in things like rows, pullups, etc
I worked on doing it better, finally got the brain-muscle connection, and it feels like I unlocked my entire back
I was never fully engaging with my back muscles (not enough "scapular depression") in things like rows, pullups, etc
I worked on doing it better, finally got the brain-muscle connection, and it feels like I unlocked my entire back
My new favorite part of the pod is when the theme song fades out and Matt EXPLODES in to the intro as Jeff Cox's "and out of this worry we have something called a Bitcoin ... Bitcoin" echoes in the background
Managing engineers is so weird
They can solve complex gigabrain technical problems but they are like children who need guidance on basic life tasks and social situations
(I am/was an engineer btw)
They can solve complex gigabrain technical problems but they are like children who need guidance on basic life tasks and social situations
(I am/was an engineer btw)
I love watching movies with my kids but it's physically exhausting because I have to answer questions the whole time
It's more like me telling a story and generally explaining the world with visual aids
It's more like me telling a story and generally explaining the world with visual aids
Weird as you get older how you take on a more parental role with your own parents
We’re hitting new ATHs and nobody outside of my crypto bubble seems to give a single shit
Been working out at home lately and focusing more on alternative goals of up my calisthenics game and grip strength
Front lever tuck
Pullups
Vertical Rows
Rope pullups
Grip squeezes
Shrugs
Curls
Supermans
Front lever tuck
Pullups
Vertical Rows
Rope pullups
Grip squeezes
Shrugs
Curls
Supermans
Gm (middle of the night)
Kudos to Nic for posting such a personal piece with commentary on the election
https://x.com/nic__carter/status/1854573289475104867
https://x.com/nic__carter/status/1854573289475104867
My engineers all want to WFH but only like 10% of them are any good at it
The rest get lost or create friction that slows down other people
How do you navigate this?
The rest get lost or create friction that slows down other people
How do you navigate this?
When you’re the leader, no task is too menial
But I’m getting real sick of doing the dishes 😂
But I’m getting real sick of doing the dishes 😂
What age can a kid meaningfully start practicing ball?
I can kinda guess but curious what anyone else’s experience has been
I can kinda guess but curious what anyone else’s experience has been
So many simple foods "for kids" that are lowkey GOATed and I can't remember when or why I stopped making these for myself
PB and J
Mac and cheese
Bagel bites
Eggo waffles
Rice Krispies treats
Yogurt
Grilled cheese
Root beer floats
Many such cases
PB and J
Mac and cheese
Bagel bites
Eggo waffles
Rice Krispies treats
Yogurt
Grilled cheese
Root beer floats
Many such cases
Entering my home gym arc
I take the winter 1/4 of the year for home workouts to mix things up
Started doing this in Dec/Jan to avoid the New Year’s crowd and it’s been expanding every year
Super comfy and been fun to collect equipment over time
I take the winter 1/4 of the year for home workouts to mix things up
Started doing this in Dec/Jan to avoid the New Year’s crowd and it’s been expanding every year
Super comfy and been fun to collect equipment over time
Satoshi mystery is the best mystery
Only behind ultimate ones- why the universe exists and origin of life
Off the dome, other mysteries are Bronze Age collapse/Dark Age (the mysterious Sea People?), were Atlantis and Troy real?
More recent the fate of DB Cooper, the Zodiac Killer, and other unsolved crimes etc
Only behind ultimate ones- why the universe exists and origin of life
Off the dome, other mysteries are Bronze Age collapse/Dark Age (the mysterious Sea People?), were Atlantis and Troy real?
More recent the fate of DB Cooper, the Zodiac Killer, and other unsolved crimes etc
“One must imagine Sisyphus happy” I reassure myself as I pick up the same toy blocks for the 1000th time
“Terrible 2s” ?
This is the funnest shit ever
This little ball of energy makes me belly laugh more than anyone I know
This is the funnest shit ever
This little ball of energy makes me belly laugh more than anyone I know
Does Nic have any comments on David Hoffman fighting Kain Warwick
Little Baader-Meinhof phenomenon going on for me but also seems possibly some benefits from fruit juice towards recovery
This article claims pomegranate juice is beneficial for recovery
https://www.sciencedirect.com/science/article/pii/S1756464624004559
Also recently listened to this podcast with LeBron James’s long-time trainer who claims tart cherry juice is the best for recovery
https://podcasts.apple.com/us/podcast/the-high-performance-podcast/id1500444735?i=1000669636966
This article claims pomegranate juice is beneficial for recovery
https://www.sciencedirect.com/science/article/pii/S1756464624004559
Also recently listened to this podcast with LeBron James’s long-time trainer who claims tart cherry juice is the best for recovery
https://podcasts.apple.com/us/podcast/the-high-performance-podcast/id1500444735?i=1000669636966
The power of pomegranate as natural supplement remedy for sportsmen and athletes: A systematic review and meta-analysis
Pomegranate, celebrated for its rich cultural heritage in the Middle East and its abundant polyphenols, holds promise as a potent dietary supplement. …
www.sciencedirect.com
LeBron James' Trainer Mike Mancias: Our Secret To 20 Years Of NBA Dominance (E290)
Podcast Episode · The High Performance Podcast · 09/16/2024 · 1h 5m
podcasts.apple.com
How much whining is to be expected and tolerated?
Say for 3-5 years old, or something
I don't have a baseline for my expectations
Say for 3-5 years old, or something
I don't have a baseline for my expectations
