Jim Chanos Slams Strategy’s Premium as ’Financial Gibberish’—Crypto Bulls Snicker
Short-seller legend Jim Chanos just torched another Wall Street strategy—this time dismissing its premium as pure 'financial gibberish.' Meanwhile, crypto traders shrug and stack SATs.
Wall Street’s favorite boogeyman strikes again. The man who called Enron’s collapse now takes aim at opaque pricing models—while DeFi protocols execute flash loans with mathematical precision.
Chanos vs. The Quants: Who’s Really Speaking Gibberish?
Traditional finance clings to legacy jargon like a shipwrecked sailor to driftwood. Meanwhile, blockchain smart contracts self-audit in real-time. But sure, Jim—keep debating those 'premiums' while Bitcoin’s proof-of-work settles transactions irreversibly.
Bonus jab: Nothing says 'transparent markets' like a 72-page prospectus full of 'adjusted EBITDA' fairy dust.