Jeremy Batchelder pfp

Jeremy Batchelder

@jeremybatchelder

134 Following
81 Followers
Jeremy Batchelder pfp
Jeremy Batchelder
@jeremybatchelder
Big TJs fan - However, their produce kinda sucks
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Jeremy Batchelder pfp
Jeremy Batchelder
@jeremybatchelder
I liked it and thought it was clever haha
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Fred Ehrsam pfp
Fred Ehrsam
@fehrsam
The winners: 1) @jeremybatchelder https://docs.google.com/spreadsheets/d/15sxp6czHBSuJzfP3jcgp89pMo2VmzSr3ypXXkjGCxs8/edit#gid=809946059 2) @lxn https://drive.google.com/drive/folders/1UFYVzkU1UaF1pwBxS23WcDjldT0OILOs 3) @michaellwy https://docs.google.com/document/d/1xdnsVk-Q0h2Vrc_Ggaisqozr9vB1yMB8/edit
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Jeremy Batchelder pfp
Jeremy Batchelder
@jeremybatchelder
If I ever win the lottery, I won’t tell anyone but there will be signs
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Jeremy Batchelder pfp
Jeremy Batchelder
@jeremybatchelder
1 and 3
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Jeremy Batchelder pfp
Jeremy Batchelder
@jeremybatchelder
244 $DEGEN
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Jeremy Batchelder pfp
Jeremy Batchelder
@jeremybatchelder
Last night at Ocean Beach
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Jeremy Batchelder
@jeremybatchelder
🔥sandwiches
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Jeremy Batchelder pfp
Jeremy Batchelder
@jeremybatchelder
Thanks @fehrsam! Was a fun project and also learned a lot
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Jeremy Batchelder pfp
Jeremy Batchelder
@jeremybatchelder
@daimobot request $10
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Jeremy Batchelder pfp
Jeremy Batchelder
@jeremybatchelder
Which crypto companies that collapsed in 2022/2023 can now be rebuilt on-chain using defi? i.e. Celsius, Blockfi, etc
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Jeremy Batchelder pfp
Jeremy Batchelder
@jeremybatchelder
East shore lake tahoe?
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Jeremy Batchelder pfp
Jeremy Batchelder
@jeremybatchelder
Great submission - I debated including repo agreements in the calculations. Ultimately, I didn't cause it seems that this could lead to double counting treasury securities i.e. lendee who owns treasuries + reverse repo purchaser count the same treasury asset on their balance sheet. What was your rationale?
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Jeremy Batchelder
@jeremybatchelder
Thanks @linda!
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Jeremy Batchelder pfp
Jeremy Batchelder
@jeremybatchelder
Two examples of succesfull full-stack crypto apps are @worldcoin and @farcaster / @warpcast - They didn't just launch the underlying protocol but usable applications on top of them Are there any other examples of full-stack crypto applications?
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Jeremy Batchelder
@jeremybatchelder
- Data used is from December 31, 2023 because that is the most recent date where I could find treasury holdings data and Circle/Tether audits
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Jeremy Batchelder
@jeremybatchelder
- A conservative adoption rate for crypto-backed stablecoins is assumed
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Jeremy Batchelder
@jeremybatchelder
- Sovereign entities' treasury security holdings continue at their four-year CAGR, accounting for the surge in issuances during COVID by considering data from 2019-2023. However, numerous other treasury security holders besides foreign countries may affect this trend, not fully captured by foreign ownership rates alone
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Jeremy Batchelder
@jeremybatchelder
Assumptions to highlight: - The collateral distribution for stablecoin issuers remains constant over the next 10 years, excluding repo agreements, though the document provides data with and without repos as part of treasury holdings.
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Jeremy Batchelder
@jeremybatchelder
3) The above number is a "best-case" scenario, with crypto-backed stablecoins comprising 0% of the supply (considered improbable). However, with a conservative estimate of a 25% crypto-backed supply, as forecasted by @nic for the next two years, issuers would fall to 8th place.
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