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Replying to Avatar allen

- short riot, long bitcoin

- insanely, hilariously risky hedge

- spot-on analysis of why public miners are horrific investments

- (probably unintentionally) massively bullish on future of mining re: decentralization and censorship resistance

- trade as a whole closes the loop on a beautiful speculative attack

…

- 99% of bitcoin twitter seems to have seen “public miners are stupid, we are short” and lost their minds because they can’t read or think.

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awayslice 1y ago

i wish more of your articles were like this.

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