Replying to Avatar DETERMINISTIC OPTIMISM 🌞

If you are a liquid bank the last thing you should do is issue a press release saying you are a liquid bank.

You will send the opposite signal.

Same for bitcoin companies, stop tweeting about how everything is fine.

Just focus on making sure withdrawals work timely

Shut up & 🍿
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j'ai les clés 2y ago

I received TWO emails from First Republic yesterday, telling me not to panic. After the second one I thought, “You know, I wasn’t panicking, but now I’ll consider it.”

Stock down 75% this morning. Trading halted.

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