pranavh's blog

 Last article was about a loss of $45 Billion dollars.This article talks about how Sam Bankman- Fried, hereafter referred as SBF, lost about $31 Billion dollars. I actually don't know how I will structure this article so, please pace this read as you go. The Beginning of a SAGAPTHAM (Not the movie of vijaykanth's son ra): To have a deep understanding to you need to know the following concept, arbitrage. I kind of explained it over in my previous article. ( Shameless Plug: https://pranavh.blogspot.com/2022/07/how-45-billion-was-wiped-out-in-crypto.html ). 1. How SBF made his money: He made money using the concept. The man above is SBF. Arbitrage: Consider that you are buying a kilo of rice for a price X, at a friendly store next to your home. You find out that, you can sell a the rice a few blocks away for 2X. Your irrational rational mind tells you that you have an opportunity to buy the rice here and sell it a few blocks away, for 2X. This concept of taking advantage of the pr...

This is a story of a legacy, a collapse, that wiped out $45 billion of market capitalisation over the course of a week. • Prelude - Do Kwan: Do Kwan was a cryptocurrency developer who founded the Terra Luna token. Let me get this straight, he was a very difficult person, who had a lot of attitude and was always down looking on those who didn't believe in his tokens and cryptos. Attached are a few of his responses in twitter.                                                 • Chapter 1: Learning about different Coins: Before we start, this article is about a crypto currencies. I will try to water this down for you. If you have queries, do let me know in the comments. This article will be like an interaction. We will do it like a conversation. • Before we start, Well What is a stable coin Pranavh? Well my friend, consider a Fiat Currency, A stable coin is just like ...

Heavy spoilers ahead. Duh....... Nanban+Kedi billa Killadi Ranga+ Santosh Subramaniyam/ Emtan Magan = Don. It is very difficult to draw parallel's  without comparing those above films. The film is of two parts/ genre's. 1. Comedy 2. Sentiment The first part is nice and worked for me (there were  some cringey stuff in-between).  Its good to see Soori finally do some decent comedy. I think the chemistry between SK na and Soori works.  Also thanks to endless trove of engineering collage scenes. Please da. Paavam da engineering pasanga. Avangala viturnga. A relatively unwanted heroine. Whose painful purpose is to support the hero in whatever he does. Yayy. A sexual violence is carelessly let of  as it is not the heroine. The director Cibi seems to have pulled out an autobiography of some sort here (Me to me : No shit sherlock).  He is keen enough to let out toxic parenting as something Normal. The director is something silly too. Whatever he says in the first h...