the 4 yr cycle must break.

office hours 🎣

it’s not a bubble. it’s an unprecedented convergence of excess liquidity.

now that the world has minted its first trillionaire, there’s no going back. i genuinely hope every billionaire becomes a trillionaire. in fact let’s stop thinking so small. we should just skip the billionaires and make every fiat millionaire a fiat trillionaire.

office hours 🎣

friday 🍺

office hours 🎣

imagine a catastrophic event a few thousands yrs ago nearly wiped out humanity. a small group with advanced technology and preserved knowledge escaped beneath the oceans and continued evolving while the survivors on the surface were forced to start over from scratch. over countless generations and continued evolution, the underwater civilization became more advanced, more adapted to their environment and eventually so different from us that they would seem alien. meanwhile, surface humanity rebuilt from primitive caveman, unaware that another branch of our own had continued its technological and evolutionary journey uninterrupted. if such advanced branch of humanity existed today, would they reveal themselves to us? or would they view us the same way we view isolated tribes like those on north sentinel. great to observe but best left undisturbed.

paper bitcoin is a thing just like paper gold was a thing. when enough people demand delivery and self custody, the illusion has nowhere to hide. education remains the single most important bottleneck. 99.99% of the global population is still unaware of bitcoin’s unique self custody properties and how removing coins from intermediaries fundamentally changes the supply and demand dynamics.

sunset.

office hours 🎣

the zcash exploit is fundamentally unfixable and there's no reliable way to know how many adversaries and insiders abused it, how much was minted or how long it went unnoticed. the scam had to end one way or another.

yet again, 4-yr cycle is winning.

talk about bitcoin backed loans.

dude bought over 800k btc and did a concept micro sell trade to check a box for the upcoming s&p 500 inclusion. now he's getting lynched for it.

let me change the topic a bit. if btc continues to have 20-30% cagr with 60-70% drawdowns, we won’t be able to convince big money to go all in. some of you might say, well we don’t want big money and my answer is if you want parity with gold, you need big money. now the problem is the 4 yr cycle. ‘cause some btc criminals with huge holdings, known as bitcoin ogs, act together to sell and buy together. they’re famously the creators and practitioners of the 4 yr cycle. my hope is big money goes all in somehow someday and these bastards are never able to get back in.

primol vs domos 🔪

#foodstr 🍷

sunday 🍺