Silver at £53.56 paper and £73 physical. That's like buying a digital cinema ticket and turning up to find there are no seats left.

This Asia Guy and silver story is fascinating. The silver price has expectedly been slammed today. I have always said that those in Cryptocurrency have seen most market cycles in a matter of days to weeks that traditional markets experience in decades to centuries.

This Asia guy stuff is blowing my mind. Not from not being accurate, but because it fits the narratives those outside of the mainstream have been knowing for years. Obviously the Asia Guy - AI videos. China about to ban exports of silver? Much of the narrative fits. Yet we don't understand what is behind it? To summarise it feels as if the whole play was simply about using the Bear Stearns short position to accumulate physical silver. Yet it feels too perfect if not dystopian.

Silver is flying

Happy Christmas

Simultaneously getting ready for Xmas whilst adding a new trade type - Swing Trade for our software. Although this functionality can be achieved via our Buy and Sell Limit orders - it isn't as pure in the sense of swing trading as the original vision. Upcoming are more metrics for conditions to filter on for trading and bulk portfolio management. Then back onto the application side of the Zero Knowledge Trust Security - Nostr backed.

Planes, trains and automobiles. True classic movie.

Completely off topic. Am not saying this as a fanboy. I watched the Andrew Tate and Chase Demoor fight. The overriding theme, the referee was absolutely shocking. Demoor's only tactic was to hold Tate to try to wear him out. There should have been point deductions. Which then calls into question Tate buying that franchise and having referees that are so dire. I haven't heard anyone pick up on that fact but TBF, it is not something am super interested in. Glad I never paid to watch it. The second bizarre thing. I had Tate winning four rounds. None of it made sense.

I have to talk about Cardano (ADA) as a real quandary. We are adults here - should we talk of fiat price? Yet we need a benchmark. I believe in technology. Whilst am technically a BTC maxi, am a believer in true choice. Ever nail needs its hammer. According to CoinGecko, it sits at number 12 in terms of fiat market cap - £10.3bn. It reached £2.24 and now is at £0.27. 27 pence! Yet ADA is number 12 in the coin rankings. It can only make that by inflation? Yet it is claimed the inflation rate is tiny. Which means other coins have collapsed further. If we look at many influencers over the last year or so, they were banging on about Cardano reaching $6, $10. Every time Cardano goes up a few percent, no shortage of YouTubers and Twitter Crypto Shills claim this is the sign, we are early, buy now or miss out. We must also ask. Okay, so imagine - "I bought $10000 Cardano and it went back its all time high?" Well, that is too much faith. Same as XRP. The data tells you that ADA is falling lower, way lower. Are you comfortable doing that? The only way to solve this is through swing trading. Accumulate coins at their low, gain more, hoping for their rise but seeing BTC as the top dog.

SEO - Have found that DuckDuckGo is starting to provide hits to my site. Yes, DuckDuckGo appears to be one of the club for a while now - rivaling Schmoogle. Having released new content, checked our Bing Webmaster tools. Turns out it hadn't bothered to index www.cryptostatto.com since April. Am doubting search engines will be relevant for much longer tbh. Websites acting as training data for LLMs, yet sites that perform functionality still carry weight.

The Peter Schiff CZ bitcoin gold debate was interesting. CZ presented physical examples and very good arguments. Peter seems to have evolved to tokenizing gold and wasn't considering Blockchain. Which means counterparty risk and centralised databases. In Peter's eyes, just build a gold backed Blockchain? Am a long-term Schiff fan but his obsession over bitcoin Vs gold is irksome. Has gold led to a plethora of security based technology? Peter would say yes because computers use gold, should we not celebrate oil and plastic? Just as Peter has coined this idea of tokenizing gold, it already exists. Additionally was this circularity around recognising virtual assets and goodwill but failing to acknowledge the many good things bitcoin and Blockchains does in general. Guarantee that if a new Blockchain threatened gold Peter would switch to attacking that. On frequent occasions, Peter says there are far better Blockchains but rarely delves into them. The best CZ example was carrying gold cross border. It is bizarre that nation states issue a limit but this is a key benefit of Blockchain assets/money. These days, carrying a few ounces of gold would raise questions. Finally, the one point Peter brings up is the "Greater fool theory". Market places are people buying and selling goods. My challenge, in any asset class there are long-term holders. Housing, money, precious metals, cars. Governments hold a large amount of gold and an increasing amount of seized cryptocurrency assets. With a tokenised billion vault, as long as the fees exceed the platform cost the service is viable in the event of a run. Yet, the fees for Blockchains are lower. The miners will only switch off if totally not viable. This can happen in any monetary system.