Damus

Recent Notes

ferreyro profile picture
This, from @MartyBent 's TFTC about the recent BTC price drop is absolutely spot on:

"... What is being tested is everything people have built around bitcoin to make it look and feel like the old system. The leverage. The convertible notes. The preferred stock. The NAV premiums. The ETF flow models. The public equity beta trade. The beautiful thing about bitcoin drawdowns is that they have a habit of exposing who is holding the asset with conviction and who is playing games on top of it."
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Kevin Alfred Strom · 5w
To be fair, playing games on top of Bitcoin and having conviction in it are not mutually exclusive. Saylor built a machine that turned the fiat system and people's medium to short time preference into close to a million Bitcoin for his company. That's a game, sure -- and it's a supremely winning gam...
Y⚡ · 5w
🎯
BitLo · 5w
Marty on point.
Kush · 5w
Boom… sound as a self custody sat
Tarkovsky · 9w
Hey Nice waterfront
BitLo · 12w
No cause identified yet. No injuries. Contained to one refining unit.