That's a good analogy.


What he's done, now that the 0% convert market has been exhausted, is just structured credit rebranded.

Can still go on since there's plenty of collateral to keep layering on tranches with greater seniority.

But there's no path to multiple expansion.
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fomo_fightervip
· 08-14 18:03
trap a fox with empty hands
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RugPullSurvivorvip
· 08-14 18:03
Dare to buy the dip like this?
View OriginalReply0
faded_wojak.ethvip
· 08-14 18:03
Goodness, I've got it all figured out.
View OriginalReply0
PancakeFlippavip
· 08-14 18:00
Another round of Be Played for Suckers trap?
View OriginalReply0
ZKProofstervip
· 08-14 17:58
technically just another ponzi with extra steps smh
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