This seems to have struck a chord.

With a “lack of pretense…” comes a commensurate lack of conviction. All of a sudden your bags are really uncomfy.

Quick thought. NFA.

The thing that makes right now so interesting, is that BTC is prob fine and heading higher.

And the market is kinda trained at this point to equate that to Alts moving higher too.

But very few market participants have any real conviction in hardly any Alts.…

What happens to all the vaporware ponzi cryptos (that no one has even the slightest degree of confidence in) if the Fed doesn't cut at all this year?

I’ve done a lot of these over the years and this was one of the best. Thank you to Grant Williams for steering a great convo.

We cover a ton of ground on my early career, getting into crypto, “A Lack of Pretense”, Financial Nihilism, macro and more.

open.spotify.com/episode/1BlJIl…

No new Post-its for the Boomers

The greatest trick the devil ever pulled was convincing the world that a disruptive technology with a ton of potential was just a shitcoin casino.

New ATH for Bitcoin in March for the first time since November 2021. If history is any guide, the coming quarters are gonna be nuts.

Good read about a really tough situation.

trib.al/LSdftLx

Remorseless. Incapable of it.

Barbara Fried and Joe Bankman look what you’ve done.

Sit with it.

The cross currents on the ETH ETF right now are wild.

Tons of factors and domain experts diametrically opposed to one another.

Chilling.

Decentralization can undoubtedly help here, but I sincerely fear we will fail to help at all because we’re too busy punting on n-word memecoins.

You’d be foolish to look at the current state of crypto and disagree.

Su and Kyle are pathological liars and monumental losers.

Every time one of them posts some bullshit on here larping as a decent human being or even a mildly intelligent investor, remember this is the actual truth.

So this now very obviously feels like a coordinated attack on ETH. Hmm.

That’s interesting in light of Larry’s 576-1 record and the simple fact that he is unequivocally more powerful than Gary.

Wonder what’s gonna happen.

Crypto has a large attack vector from bad actors with an atrocious moral compass. They have been tremendously damaging.

We’ve also done a bad job of expelling bad actors once their motives become blatantly obvious.

Let’s see if we can do better with this shitbiscuit.