Beautifully said.

Currently DCA’ing by the fireplace

Stimulating the break-up of the EU while simultaneously threatening to take territories of “small, irrelevant countries” like Denmark isn’t a brilliant strategy.

It’s like having sex with a 75 year old fat prostitute in a dark room. If no one brings any mirrors, you get the job done and everybody’s happy no? Her pimp won’t be friends with the mirror guy

Because all currencies trade in pairs, Bitcoin has always been about holding up a mirror to fiat. And it’s especially those that know the ugliness of the old system the best, that are most enraged by that mirror showing up.

What they’ve done to Europe, pumping it full of immigrants to make it “multicultural” against the explicit wishes of its people, while soothing them to sleep with political theatre about details, is a crime against humanity.

Did the same. Left mid twenties to spend my most productive years in a tax haven. Imagine voluntarily paying into gay communism when you’re still allowed to leave

Real fun starts when they finally push the Europeans so far that they start doing a little Choyna

The Mr Beast smile classic

A big part of understanding the current state of the world lies in knowing that our relationship with propaganda used to be one -> many, and is now many -> many.

That’s also why people like Macron and Starmer get in a state of straight red hot triggered rage when the words “social media” are merely mentioned

I see it more as a Me -> Media || Facts struggle. The media is the hurdle to get to the facts by distorting and misrepresenting. But if you get skilful at solving the puzzle the facts are still at the end of the journey.

Love your news app.

I think we’re all subconsciously waiting for the moment where Bitcoin becomes an “easy hold”.

But the moment it becomes that, it will likely have plateaud in value (think percentage increases a year, not multiple x).

Quantum FUD and people disillusioned we didn’t pump harder into QT are bullish, will provide the final trampoline to $1m and beyond.

I work at one of the big financial firms. In fixed income, so managing bond portfolios. As fiat as it gets and somehow probably a dying profession in the long run, but it pays the (fiat) bills.

Obviously, I get around and chat to a wide variety of people in and around the firm, so I have a front-row seat to their evolving perspectives on Bitcoin, and dare I say “digital assets” and “tokenisation” and that sort of nonsense. Not the niche “crypto” VC/fund in-crowd, but boomer traditional finance.

Back in 2018-19, I remember chatting to the then head of multi-asset over beers and him laughing at me, calling Bitcoin an obvious scam. Five years later, the same guy re-emerges as the “head of digital assets”. He changed his tune on BTC. At the end of the day, we are all mercenaries.

Like him, I’ve seen failed equity portfolio managers fall down and IT people fall up into “crypto”. That’s sort of the make-up of this group today. Not imho the best and the brightest.

Today, I wouldn’t call Bitcoin something well-loved or understood in the financial industry. Intuitively, they see it more as a necessary box to tick, so they can jump straight over it to move to shitcoin ETFs and tokenisation. We went from “blockchain, not Bitcoin” for 8 years to half a year of “Bitcoin, I guess” to 2 years of “shitcoin tokenisation, baby”.

The CEO is now angry that our Bitcoin ETF fees are low, but BlackRock completely ate our lunch, and their ETF is X times bigger. Etc.

The problem is, Bitcoin will never change and give these people the fiat excitement and value extraction they so desperately seek. DATs or MSTR building a Bitcoin yield curve aren’t a thing in our world; that’s niche bitcoiner stuff. Tokenisation is just a tech innovation that can probably cut fees down a bit, but is largely meaningless. Shitcoin ETFs aren’t gaining any traction.

So there’s a slow realisation setting in that this thing isn’t going anywhere, these departments over-hired, and besides Bitcoin, which is THE thing, there’s really nothing there. I’m seeing depressed faces and people are losing hope.

So all in all, the industry still doesn’t get Bitcoin at all and the current setup won’t last.

As a fixed income/currency investor, what I think really needs to happen to get to the next stage is for people to understand that BTC is just another ticker for a currency. EUR, USD, JPY, KRW, BTC. Could be just another line item in your portfolio. A currency like all the others, one not issued by a government that is infinitely more scarce.

And for that, you need exactly zero “digital assets” people in your firm. They will all come and go as we head into the next phase of understanding.

No special event, just precaution as far as I can tell. I know to avoid the big cities around this time of year but this was in like a tier 3 town. Migrant surge definitely not making this easier

Soldiers patrolling the streets in European Christmas markets is such a sad sight. Puts me in a state of revolutionary rage

As a recent convert from X I think it’s about content variety and discoverability.

I hate the X algorithm but you do need something that gives people something interesting to read every time they open Nostr. Some sort of middle ground

And it can’t all be Bitcoin, pictures and memes

Amazes me with people like him how they shapeshift. Grows his following as a Bitcoin maxi nerd, pivots to shitcoins and becomes a sort of VC I guess, when shitcoins die suddenly is very concerned with Bitcoin again and becomes a thinkboi

These are legit Stasi numbers, which did an estimated 14-17 daily arrests over the DDR’s existence, for 16-17m people. No signs of revolt yet