Watching talking heads try to short bitcoin into the ground because muh four year cycle while they declare it dead twelve times a day and its price hovers in a tight 10% range for months is good entertainment

When trying to out-war Europe goes wrong

Discovered @LN Markets today. It’s great, no idea why it’s not more talked about. Around since 2020 apparently

The rise and fall of crypto has tainted Bitcoin and delayed what will inevitably happen. This offers both opportunity and frustrating headwinds. BTC remains completely misunderstood by most.

Too many people nowadays view Bitcoin through an “investment thesis” lens when really they should view it more through a “core properties” lens. Otherwise you’ll always be behind the curve

I think this is that point in world history, which seems to come every century, where you just need to look after yourself, your family and your inner circle, act rationally but for the most part disconnect emotionally from the news cycle.

The optionality that self-custodied bitcoin provides against the backdrop of a rapidly (and dangerously) changing world, compared to stocks, real estate, even gold, is completely underappreciated and undervalued atm. Muh quantum. Wish that was the biggest of our worries brother.

Some people (hedge funds I’m guessing) are obviously balls deep in the long gold / short Bitcoin trade. Can’t wait for Bitcoin to do a Bitcoin, there will be carnage

When it comes to investing, I mentally divide trades into 3 different buckets. Bucket 1 - market exposure, this is just your all world equity exposure, typically ETFs with extremely low fees, heavy on US Big Tech by definition. If global headlines say, oh no it’s risky out there, stocks are down, you’re losing money together with the rest of the world, and vice versa. Beta Bucket 2 - thematic exposure where the theme should have tailwinds, but where I’m not sure if it will play out in the near term. Markets may be overheated, the theme is coming to the end of its life or things are fully priced in. Things like AI tick all of those for me right now. Potential alpha Bucket 3 - thematic exposure that I know for sure will go higher, almost mechanically. Think Europe defence stocks into threats from 3 directions and all governments ramping up spending in the hundreds of billions. Think Bitcoin into balance sheet expansion. Think gold into global uncertainty. Alpha I think the best investors have capacity to construct a portfolio that is extremely heavy on bucket 3. They see things with a clarity others don’t.

I can’t really take bitcoiners cheering on an aggressively expansionist central government seriously. I mean people who like that sort of thing exist and that’s fine and all, but I’ll never respect your larping about decentralisation and freedom after that.

Was straight up not having a good time with whatever the fuck this is just now. UX hell