boots on the ground | mercenary for hire | esoteric technology enjoyer
ethereum
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Only processing the information necessary for success while the thought warfare sheds off my subconscious like water.
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hopefully there isnt any bullish news for $LINK so they can stay above $10
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$XMR new all time high loading
1/4 EIP-7702 can turn the wallet itself into the sweeper.
A Binance-labeled wallet moved 167,464 ETH + 63 tokens, including 1.615B USDT, just 3m24s after a signed delegation was installed.
This is bad.
etherscan.io/tx/0x53bd38b816…
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looking for a few individuals who are interested in either promoting or testing @remail_box
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i do hope this guy gets a gorillion dollars from a go fund me campaign but every american needs to remember that if we cut welfare for 67,000,000 leeches in america none of us would ever have to feel like he does
We need to start doxing the guy behind the camera.
Hey @grok can you find this streamer A-hole behind the camera?
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accounting firms are unique in that they are propped up by the incessant fearmongering of every citizen in the United States by an entity known as the Internal Revenue Service
most people do not need an accountant but by god if you do hire a good one
It's confusing why a major multi billion dollar law firm is going bankrupt.
So I talked to a bunch of lawyer friends about why Weil could suddenly be insolvent.
Unintuitively, law firms are basically fixed-cost businesses. Revenue comes from a concentrated core group of rainmakers.
Those rainmakers carry the whole business, while the rest of the business basically drags ass. Junior partners are rainmakers-in-training--they can't yet bring in the huge load-bearing dollars.
Everyone else--associates, back office staff--comprises one gigantic fixed cost center. Not to mention basic overhead like offices, revolver interest (for cashflow timing needs), etc.
The problem with law firms in particular, as opposed to other advisory businesses like banking, consulting, accounting, is that the clients are inherently portable.
So any partner can take their team and clients and leave. Doing so deleverages the rest of the partnership, because a small number of partners carry most of the revenue while leaving behind fixed costs.
Once there's a crisis of confidence, it no longer makes sense for partners to stay, because they're now getting underpaid in profit share relative to their revenue potential.
If they were to leave for a megafirm like Kirkland, they'd be properly compensated for their earning potential instead of being saddled by rising fixed costs as a percent of revenue.
There's also not much IP or brand moat in a law firm. Clients follow partners, and the process of crafting exceptional judgment is mostly in partners' heads (versus for instance more regimented value delivery in consulting and banking, where there can be a branded firm process).
And lastly, the partners ARE the equity in the firm. Law firms have no terminal value, so when partners leave it's as if a huge chunk of the firm equity walks out the door.
tl;dr law firm bankruptcy is basically a crisis of partner confidence, and the resulting departure spiral saddles anyone remaining with the gigantic fixed overheads of running a billion-dollar business.
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fathøm retweeted
What many of my newer followers don’t know is that I didn’t join x to promote my business and sell fish. I have been here since 2015 in some capacity and became a crypto twitter anon in 2017. It wasn’t until I had been fishing commercially for a few years when my mutuals started asking me to sell fish around the country. Today x accounts for 55% of my sales, the other 45% is basically word of mouth wholesales. No ads, no influencer help. Just grinding and shitposting on x dot com. I appreciate this space more than I can explain.
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the grocery store called to tell me that i cant order my monthly 4 cases of water because the goyim are afraid of their televisions again
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