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Lyn Alden
lyn@primal.net
npub1a2cw...w83a
Founder of Lyn Alden Investment Strategy. Partner at Ego Death Capital. Finance/Engineering blended background.
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LynAlden 10 months ago
During interviews, I get a lot of questions about the potential for a strategic bitcoin reserve and how it may affect price. I typically answer by talking about how I tend to take the 'under' on the prospect for a bitcoin reserve. In other words, as a base case they might recategorize currently-held bitcoin, might add a bit, etc. My lesser case is that they go and actually buy a lot, which would positively affect price, sure. I then go on about how, my long-term bullishness of bitcoin is not dependent on that, and I'd rather structure my view to assume a baseline and potentially be surprised to the upside on price within a given period, rather than focus on singular bullish catalysts and then be surprised to the downside if those specific things don't materialize. That's Lyn Speak for "I find this question really boring, please stop asking me it."
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LynAlden 10 months ago
So, I had this science fiction story in my mind for over a decade, but never had time to write it due to everything else I had to work on. It was always on my long-term to-do list. When AI started to take off a bit over the past few years, I was like, "Jeez, I don't know if it'll be any good, but If I don't write this thing, it might turn into historical fiction rather than science fiction." More realistically, I'd have to keep adjusting it every five years because the future is now. But things have a tendency to align. Or maybe I just look on the bright side. Because another big component of the story is about social media causing increased social isolation if we're not careful with it, etc. Since we're doing some large construction work in Egypt over this past year, my husband and I have had to spend more time apart than ever (he's managing the project there, while I have to manage our obligations here, and we travel to each other when we can). I work from home. So, sometimes during this period I have days where I wake up, go for a walk, work, do an interview about finance online, exercise, go back to work, then go to sleep, and never speak to someone in person. Just me in the house and being the weirdo trying to get 10k steps in the sun around the neighborhood. That both gave me insight into how that type of isolation can affect people (luckily temporarily in my case), and also ironically gave me time to finally write the thing, which helped me deal with the aforementioned isolation.
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LynAlden 10 months ago
The redacted version of the latest Epstein client list so far can basically be summarized with: image
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LynAlden 10 months ago
I'm super bullish on Presidio Bitcoin, and bitcoin physical hubs in general. Congrats to @moneyball and all others that were involved in its founding. It couldn't have a better set of founders, backers, and supporters.
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LynAlden 10 months ago
Atlanta Fed's GDPNow indicator, which estimates the current quarter's GDP growth based on a rolling set of economic indicators as they come in, could currently best be described as "rekt". image
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LynAlden 10 months ago
Yesterday my X account was partially breached. X Support investigated it and sent me an email saying it seemed to still in my control. But now the hacker gained headway somehow. That's what I was trying to prevent by taking early action, but alas. They posted a crypto scam from it recently. X fortunately deleted it pretty quickly. I have a note on my homepage saying my Twitter was compromised. As I mentioned yesterday here on NOSTR, please disregard any messages from it until I confirm that I have control of it again. My X account blocked a lot of people as well. If I get control of the account again, the good news is I won't be hard to figure out who to unblock, since I don't block anyone.
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LynAlden 10 months ago
Well at least bitcoin is on sale. So we’ve got that going for us.
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LynAlden 10 months ago
That feeling when you’re trying to resolve security issues on your phone while traveling. image
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LynAlden 10 months ago
Thanks everyone. I think I have the Twitter/X issue at least contained for the moment. I can’t access it but I don’t think the compromiser can either. If anyone sees weird posts or DMs from it, please reply here as a heads up if you can.
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LynAlden 10 months ago
PSA my Twitter account was compromised. Any posts or DMs from it are not me, starting from this hour. Please let people know if you are on Twitter.
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LynAlden 10 months ago
I only check the bitcoin price a few times per week now under normal circumstances, but I saw a ton of people whining about it so of course I saw the recent breakdown. I sometimes throw a few extra bucks at it on top of my normal dollar cost averaging when there are heightened liquidations. In the prior consolidation, Bitcoin peaked in March 2024, consolidated for a while, then broke down in September 2024, before breaking out to the upside about a month later. Technical breakdowns mean little. Charts are useful sometimes, but mainly for those who don’t know what they own. I like technical breakdowns when the fundamentals are still solid. It lets out froth. A lot of the post-election stuff is struggling, which is normal. That’s why I faded the hype originally. When all of it weakens, I’m still here. Still adding for the long run. image
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LynAlden 10 months ago
Remember Thousand Foot Krutch? Not as popular as Skillet, but another nostalgia bomb. Still somewhat active.
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LynAlden 10 months ago
A lot of sci fi and fantasy books tell an incomplete story and then go on for tons of books and thousands of pages to complete it. What if, and hear me out since I know it’s weird, you actually tell a full story in under 400 pages.
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LynAlden 10 months ago
The head of Ethiopia’s central bank has a copy of Broken Money in his office. He also has The Deficit Myth, but I can overlook that. 😅
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LynAlden 10 months ago
I read Empire of Silence recently. Pretty solid overall. It's the start of a 7-book Sun Eater series (plus novellas) about a space opera set 20,000 years in the future, where humanity has colonized a third of the galaxy. And this is not a spoiler since it's from the first page: the protagonist blows up a sun at some future point in his story, resulting in the deaths of billions of people during war against aliens. It's written from his perspective in the future, as he goes into his life and how he got into that huge decision. It's a slow-burn read. Excellent prose. Subverts a lot of expectations, while also having clear influences from books like Dune, and maybe Name of the Wind. Some of the characterization and plot details could be a bit stronger, at least for this opening book (can't comment on the full series yet). Solid 4/5 stars imo. image