ARE THERE STILL CAPITAL GAINS TAXES ON BITCOIN OR NAH?

Still just a one-off or nah? 👀 The Atlanta Fed GDPNow real #GDP estimate for 1Q 2025 is currently: -2.4% (that's negative 2.4%, son) OPINION: - US economy looking a bit ugly at the moment, after leading the world to the upside for much of 2023 and 2024. - The world ex-US is looking pretty solid, actually. - Global assets may continue to outperform, while US-based assets may struggle for a bit. Just my two sats. ⚡

Can't stop. Won't stop. ⚡ Episode #8 is coming out on Thursday, March 6, 2025 at noon ET. An interview with the one and only @Nik Bhatia of @The Bitcoin Layer !! We'll be discussing Nik's new book, his upcoming #AI and #Bitcoin class at USC, as well his well-informed #macro takes. The show will be streamed on @zap.stream and YouTube. Please reply below with any questions for Nik during tomorrow's show!

“I don’t like being mediocre.” - Steve Cohen, Founder and CEO of Point72

I find this whole saga to be quite interesting. 🇸🇻 View quoted note →

That awkward stage where the fiscal stimulus train is slowing down, while the monetary response remains noncommittal. YOU ARE HERE.

Hey party people! Today's show (#7) with @Joe Carlasare was a banger! Shockingly (to me, at least), I'm suddenly bearish. AM I CRAZY?!? -- Decide for yourself after watching and let me know in the comments! Here's a link in case you missed the live stream.

Incoming... You won't want to miss this one. 🍿 The live stream will (hopefully) start at 11am ET... on both @zap.stream and YouTube.

#Macrostr ISM Manufacturing New Orders: 48.6 vs 55.1 (prior) - You don't love to see this. 👀 ISM Manufacturing PMI: 50.3 vs 50.9 (prior) - Still (barely) expansionary, which is good. But definitely weak. 👀 OPINIONS: The new administration's Downsize and Deregulate with Deafening speed is already starting to show some real short-term economic pain. "Reprivitization" policies should do well in the medium and longer terms, but will definitely require some time to take effect. Risk assets and #bitcoin may be tumultuous for longer than they would otherwise have been without the current major administrative policies. TAKE HOME POINT: Stay humble. Stack sats. (per @ODELL )

PSA: Do yourself a favor and unfollow me.