ETHBTC losing support, wouldn't be surprised if someone is liquidating BTC to try to hold this up 👀

Steady lads.

An entire industry of financial advisors has survived on skimming fees just to brainlessly allocate client funds into low-cost equity and bond index funds.

' #Bitcoin is a scam. And gold? That's an unproductive asset.'

But I'll say it again: There has never been a more important…

The Yen carry trade is blowing up in front of us and #Bitcoin is trading above $71,000

Few understand this (mainly because it's nerdy as hell)

But it's a big deal.

And every investor should at least kind of get it to grasp what's really going on with their portfolio.

In…

One week later... and the 10 year Treasury auction was garbage.

Liquidity won't be far behind.

Fiat ponzi in plain sight for those who wish to see.

Protect yourself with #Bitcoin

US 10yr 4.52%
DXY up over 1%
Dollar-Yen nearing 153
SPY and Nasdaq both down over 1%

#Bitcoin green on the day back over $69K

Fiat ponzi hedge working as intended.

USDJPY just passed leapt past 152.

Weakest the Yen has been since 1990.

Watch global yields 🔥🍿

Go do hard things outside and watch how little you care about the drama on here.

Gotta balance time on this app with physical activity and fresh air or you're at risk of losing yourself to the algo.

A forest bath a day keeps the trolls away.

Hong Kong spot #Bitcoin ETFs could be approved as early as next week according to Reuters.

This is not even close to priced in.

Chinese investors were panic-buying a Gold fund at a 30% premium this month as they attempt to get their wealth into something outside the Chinese…

Slumming it with local Pinot Noir tonight because #Bitcoin decided to fake us out yesterday.

Someone please break us out of this range so I can get back to the Burgundy 🙏

Remember when #Bitcoin was a low interest rate phenomenon?

Fiat economists frantically rejigging formulas and praying to Keynes for answers.

Number go up.

Listened to Arthur Hayes on Ral Pal's pod this weekend

They had a painful discussion about where to put profits after this bull run. Paraphrased:

Raoul: I'll put profits in high-end NFTs because TradFi Billionaires store their money in rare art today so that will probably…

Major asset performance vs Gold over the past 5 years:

📜 Long Term US Treasuries (TLT): 🔻-59%
🏘️ Real Estate Investment Trust (REIT): 🔻-36%
🏢 S&P500 (SPY): 🔻-1.36%
🧑‍💻 Tech (Nasdaq): 🟢+32%
#Bitcoin 🟢+648%

How could the mighty S&P500 underperform a chunk of metal dug…

Gold is closing in on a $16 Trillion market cap as it sets a new all-time-high of $2,330 / oz.

Which means each #Bitcoin will be worth well over $750K when BTC flips Gold.

Think that sounds crazy?

Larry Fink doesn't.

He's already been on TV pushing BTC as 'digital gold' and…

The last time oil spiked like this, treasury market dysfunction wasn't far behind.

#Bitcoin up ~150% since then.

Stacking finite #Bitcoin when everyone else still believes in infinite fiat money is such a cheat code.

It's like wading ashore in a new land and convincing the native folk to give you all their gold in exchange for seashells.

They don't realize the island just over the horizon…

Nature, Sunlight, and Strenuous Exercise.

The original 'nootropic'