An article I wrote on why Bitcoin rehypothecation should be illegal for TBTF banks now that SAB 121 was rescinded. And yes, I know, Bitcoin doesn't need laws. But I also know that all your grandmas will probably have exposure to Bitcoin through an ETF. So this is for all your grandmas.
https://egodeath.capital/blog/too-big-to-fail-banks-amp-bitcoin-custody
I knew you were a grandma lover
Wen Nostrlinkedin
And I am not talking about draw downs from current values I mean from the future all time high this year
I can also imagina that. Now the question is can you imagine a darker situation that would be possible? Then that is not the worst case scenario. I still think there is plenty of possibilities for 60-80% drawdowns. Not saying it will happen but not having it on your realm of possibilities might blind side you
I’ve got a question for nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l
On WBD with nostr:npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj you mentioned we could go pretty high (say around $450k bitcoin) this cycle, then crash back to $80k. While I love the sound of that to stack cheap sats in a bear market again, I’m questioning this crash.
What’s different this cycle is if governments start buying on mass scale, globally. I don’t think they’ll be sellers like retail or Wall Street.
Thoughts? I’m not sure I think the boom and bust cycle is completely over, but it’s definitely going to be far less extreme imo, and maybe like a 30% chance that it’s over.
I agree with the crash. Everybody is bullish right now and optimistic. I expect something to happen the next year to trigger a crisis. Something that will lead Bitcoin and several other assets down. If you pictures yourself on a not so rosy market I could totally see bitcoin drop very fast.
And @jb55 said:
Interpol is having a Karen moment and wants to talk to the manager
I have bet in a protocol that takes into account human greed and uses it as an incentive to disperser over the human race as a virus.
#bitcoin #bitcoinplebs Recommendations on how to improve privacy in transactions?
Real question. Is calling your cat Catoshi, freakishly genius or retarded ?
#bitcoin #bitcoinplebs
I am prepared for my hero’s to become villains. But for them to never have been a hero in the first place. I would be impressed
This is #bullshit
