seems to have reached palpable exhaustion in the financial nihilism euthanasia-coaster hyperspeculative trenches today
time to believe in something else again
seems to have reached palpable exhaustion in the financial nihilism euthanasia-coaster hyperspeculative trenches today
time to believe in something else again
my base case is ETH being included in part of a strategic reserve
the US already has 55k ETH from seizures, and if Trump is going to turn the seized bitcoin into a reserve, it naturally begets the question of what to do with the ETH
my base case is ETH being included in part of a strategic reserve
the US already has 55k ETH from seizures, and if Trump is going to turn the seized bitcoin into a reserve, it naturally begets the question of what to do with the ETH
can see a scenario in which people who are griftpilled on trump rotate into the OG organic community token
if even a small % of trump liquidity flows to it + cex listing, could see it going to 1B-10B
besides, it's more patriotic to buy a country token than a politician token
can see a scenario in which people who are griftpilled on trump rotate into the OG organic community token
if even a small % of trump liquidity flows to it + cex listing, could see it going to 1B-10B
besides, it's more patriotic to buy a country token than a politician token
Let's assume no further court procedure is required for the US government to sell the Silk Road bitcoin forfeit in California.
Does it make sense for the DOJ to immediately sell all of the seized BTC?
No, not even if the officials *want* to harm the price.
🧵
virtual is akin to an L1 in all but name
study the reserving effect on eth with 2021 defi shitcoins
study the reserving effect on sol with 2024 memecoins
study what happened to hyperliquid after being re-rated as an L1
$5B for the frontrunner AI quasi-L1 is cheap
Bitcoin now at $80,500.00. Those of you in the old school who believe this is a bubble simply have not understood the new mathematics of the Blockchain, or you did not cared enough to try. Bubbles are mathematically impossible in this new paradigm. So are corrections and all else
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