jack mallers's avatar
jack mallers jackmallers@primal.net 1 year ago
In crises, markets sell what they can, not what they want. #Bitcoin is down because it was the only market open to sell on Sunday night, not because the only fixed supply money we have is now less valuable. #Bitcoin isn't hedging the broken financial system, it's replacing it.

Replies (42)

verly's avatar
verly verly@primal.net 1 year ago
Preach. However, Trump isn’t the answer. I had to stop listening to your podcast after it turned into a Trump show. I just can’t understand how he’s duped so many smart people.
1 replies ↓
ryanjordan 's avatar
ryanjordan ryanjordan@primal.net 1 year ago
On a side note, amazing that you haven’t been tempted to put a single article of clothing in your closet. Discipline at its finest.
VictorieeMan's avatar
VictorieeMan VictorieeMan@victoriee.com 1 year ago
It's fascinating how the DowJones slides into less relevance as an indicator by the meere fact that crypto outtrades their speed. The fact that stocks don't have 24h trade yet, is baffling to me. In a 24h world.
Faboose's avatar
Faboose faboose@nostrplebs.com 1 year ago
Several brokers had outages during the best buying opportunities we've seen in years on many names. How convenient. Meanwhile, over a billion $$ of margin calls on overleverage longs were cleared with little to no hiccups 🤣🤣🤙🍻
CASCDR's avatar
CASCDR 1 year ago
Great points. Keep trucking Jack. Where are you recording from? Is it a meme I’m not in on? 😂
ICQ's avatar
ICQ nvk@primal.net 1 year ago
Ppl (specially tradfi) don't understand what bitcoin is. They think it's some internet stock Every time the market pukes, bitcoin goes down w/ it The difference is, there is no system risk to bitcoin. It doesn't suddenly stop! It will take years, but eventually people clue in View quoted note →
2 replies ↓
dankswoops's avatar
dankswoops 1 year ago
No but I'm a dev building nostr layer 2 and I run all three nodes.
dangershony's avatar
dangershony 1 year ago
I think it is more because bitcoin is consid a risky investment
Satsman Says's avatar
Satsman Says 4 months ago
Because his company Ten31 is an investor/owner in it and many other Bitcoin companies
Satsman Says's avatar
Satsman Says 4 months ago
It’s not a trump show though he says he’s not red or blue but orange. You could call it the “ PermaBull Podcast” but certainly not a “Trump Show”
1 replies ↓
verly's avatar
verly verly@primal.net 4 months ago
Pal, do you often go around replying to comments that are a year old? I can confirm that one year ago Jack Mallers spent several episodes of his podcast trying to convince people that Trump was masterminding a global reordering that would intentionally devalue the dollar in order to make Bitcoin the world’s currency. Every stupid thing Trump was doing, he was defending (while simultaneously claiming he doesn’t care about politics) I only ask for objectivity and honesty from people, but Jack Mallers became a shill for Trump’s economics. I don’t know what his show is like now, because I stopped listening a long time ago.
1 replies ↓
Satsman Says's avatar
Satsman Says 4 months ago
Verly verly I say unto you, if you don’t want the old posts being commented on, delete them. I actually started watching his show from episode one and he’s been saying that he’s not political since day one. If he happens to agree with something someone is doing at a specific time it doesn’t mean it’s a trumpcast. he’s a bitcoiner. image
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