Could help build tools similar to electrum's bip39 recovery: https://github.com/spesmilo/electrum/blob/15a77e2f47eec8665377fb6431da237a660b16e3/electrum/bip39_recovery.py
There are two main pieces of work:
1. making walletsrecovery.org a jekyll site that builds from yaml or json files
2. converting all the existing info into yaml or json files
Michael Saylor's Microstrategy is now borrowing $600,000,000 at 3% to buy more #BTC. Is he trying out how much exposure to BTC will still be appreciated by his share holders? Cause $MSTR is down 4% today. For BTC of course there couldn't be a more bullish case than a big entity offering 3% interest to buy BTC while central banks offer 0%. Eat this, central banks!
I heard that RobinHood app is lending out $GME stocks to shorters, making a killing in interest? So all that think they stick it to the hedgies by buying GME don't put any real pressure on them, as those stocks they "own" are floating around, lent out to the hedgies again? So you might end up "buying" a stock three times cause RH lent your stock to hedgies that sold them to you again and again?
As Sun Tzu said: "When you surround an army, leave an outlet free."
Wouldn't it be wiser to define a clear goal that allows the Shorters to get out by paying the Squeezers accordingly? Block the easy way out with limit buys above $100 but get all on limit sells at $1000. This is the "way out" for the Shorters but at a terrible price:
* precedence: Other over-leveraged shorters will tremble as they already do a bit
* Squeezers get massive capital from Shorters
* Shorters end up holding
So Squeezers are rooting for #3 but not very orderly. Some yell "To $100k! It's not about the money" and others take their profits.
This will inevitably lead to either the intermediaries and regulators resolving the dilemma or in the case of Shorters going bankrupt, in years of legal battle over the remains.
Who can explain to me how the $GME situation can resolve? I see three options:
1) Squeezers jump to silver (too big to swallow) and doge (which isn't even short in the same sense that GME is), pressure dwindles and shorters win.
2) SEC steps in to protect some group, actually protecting the shorters.
3) Shorters do declare bankruptcy and fail to deliver
I wonder if this is related to Ron Paul publishing the fact that a nursing New York state nursing home had a wave of covid deaths after vaccinating?
Not clear *exactly* what the timeline is on that. Could just be coincidence and the vax didn't have time to kick in. But if not, that's not a good sign re: effectiveness.