Imagine if we could inject billions of additional kilowatt-hours into homes each year without building a single new power plant. 🌈🦄

Introducing Reconductoring, the ultimate tool for amplifying grid capacity you've never heard of. ⚡ In 2023, the US lost ~202 TWh in transmission and distribution = the output of ~26 nuclear reactors.

Considering it takes decades to build a nuclear plant in the US (shots fired), this loss is rather heartbreaking. 💔

Electricity markets are 🤪... imagine a race where the person who comes last sets the prize for all.

Wait. What? 🤔 Yep, that's the reality behind your electricity bill.

Let's dive into the odd world of wholesale electricity prices and a concept called Merit Order. 🏃‍♂️💡 Merit Order is a system used to determine the order in which electricity is bought from power plants to meet demand. The twist? Power plants are lined up from cheapest to most expensive to produce, but it's the last, most expensive one needed that sets the price for all. 🔌

Solar generates 300x more toxic waste per energy unit than nuclear power.

Wait, what? 🤔🧵 Raw quartz is refined in furnaces that emit carbon dioxide and sulfur dioxide. It is then further refined producing silicon tetrachloride, a highly toxic compound.

Combined with water it produces hydrochloric acid.

1 ton of polysilicon = 3-4 tons of silicon tetrachloride waste.

The volume of solar waste is forecast to surpass that of new installations by 2031 😳

And 90% of panels end up in landfills 😕

Why? Because of profit and rational actors 🧵 Meet Ms. Brown. In 2011, she embraced solar power, investing $40,800 in panels for her California home. With a 30% tax credit and an expectation of $2,100 yearly from 12,000 kilowatt-hours, her green journey began. 🌞💡♻️💚

During the '70s many countries embarked on ambitious nuclear programs, showing that rapid scaling to replace fossil fuels is possible ☢️

🫡 Sweden = 12 ⚛️, 14 years
😮 Canada = 24 ⚛️, 26 years
🤯 France = 54 ⚛️, 24 years

But what worked and why is it so hard now? 🧵 🇫🇷 In France, the centralized energy policy and state control over the nuclear sector facilitated swift decision-making and implementation. The government's commitment to energy independence, especially after the oil shocks of the '70s, paved the way for the nuclear push. Today, regulatory complexities and public opposition make such rapid expansion more challenging.
2/7

AI is going to kill the internet as we know it ☠️

Visiting web pages will stop. Think about it.

Why would you visit a site, if you get a better answer asking your AI?

We will need a new web interface, new revenue models and a new way of thinking about content creation 🧵 1/10 This AI-driven future puts an end to search revenue and removes the motivation for content creators to produce free content.

Before the internet, people didn’t publish free information, and we're headed that way again. 2/10

Looks like another bear market rally about fail. Where is the money?

$ETH is back near October highs while TVL hasn't even reached the September lows.

This kind of bearish divergence doesn't usually end well.

1/5 TVL is an overlooked & powerful leading indicator. The three charts below prove that clearly

You can't use a protocol without liquidity. Innovation, yield & greed attract more TVL

Negative TVL = low usage, low confidence, lack of use case, bleeding capital = Bear Market

2/5

Careful out there guys. Very little behind this rally. It is highly likely to fail. TVL flows are very weak.

See on the chart what has happened to each of the past bear market rallies without TVL backing...

So what can we expect to see when the bottom is forming? 🧵 1/5 TVL is a leading indicator and when the Bull Market returns we can expect to see TVL outperforming the price. Or at the very least not underperforming.

Look at what happened from Aug - Oct 2020. A massive bullish divergence. 2/5

TVL is THE most powerful leading indicator of the crypto market. Period.

If TVL is outperforming the price then we are in a Bull market.

If TVL is underperforming the price then we are in a Bear market.

Simple. Logical. Supply and Demand. We are still in a bear market. Oh... fiat stables are down only plus hit a new low today.

How can we be in a bull market if in real life money is being drained from the magical internet money system?

You need fiat money flowing in for the market cap of crypto to grow. Just facts.

US Mortgage debt servicing today is at some of the lowest levels on record. How is that possible? 🧵 1/4 The Millennials only own control 13% of the value of the real estate market.

The Silent Gen and the Boomers control 54% of the real estate but have tiny mortgages relative to the value of their properties

Then consider that 70% of mortgages are on a fixed rate for 30 years

2/4

So good to see volatility again!

The Pendulum Flow signal remains "Long in a Bear Market" after 30 days.

The signal was never confirmed though so we're in cash.

It's possible we've seen the bottom of the market. It's MUCH more likely that we still have new lows to come 🧵 1/4 Fiat Stables are down only 🚩🚩🚩

The market is about 35% off its lows but the market cap for Fiat Stables is still finding new lows.

If the bottom was in then why are "In Real Life" dollars bleeding from the "Magic Internet Money" system?

2/4

12.7% wage inflation in 16-24 YOs over the last 12 months vs 6.2% overall.

This is a demographic issue and wakes make up ~28% of the cost of goods. Energy is only ~8%.

We'll have persistent inflation next 10-20 years because we'll have a lack of young workers next 20 years.

https://twitter.com/lieber2k/status/1598440191374524416

atlantafed.org/chcs/wage-grow…

Pendulum Flow has closed its long position against the bear market for a 17.13% profit

It has today gone short $ETH

I have created two dHedge funds if you want to join me:

Pendulum Flow $TVLP app.dhedge.org/manager/0x013c…

Pendulum Flow Degen Leverage $TVLXP app.dhedge.org/manager/0x244e… Here is a closer look at the new short signal. The model tracks the total market TVL flow as provided by @DefiLlama <3

Capitalism rose out of the black death and we are now entering a demographic period that echoes that time.

What can we learn from history? 🧵 1/13 So many peasants died from the plague (60% of Europe ☠️) that the medieval system of serfdom collapsed.

Worker rights were born, land ownership began to develop and the cost of labor skyrocketed. This unleashed high inflation that lasted for 20+ years till the 1370s!

2/13

The Japanese stock market peaked in 1989 and still hasn't recovered. They were the world's #2 economy.

Many countries today are very similar to Japan in the 90s.

So why hasn't Japan been able to recover and what can we learn from them on investing moving forward? 🧵 1/5 Japan has had many issues but the reason why they have been unable to recover is due to terminal demographics.

Their working-age population peaked in the 90s and that is quite literally a death blow for an economy. 2/5

https://twitter.com/farmerdbrown/status/1550439784161906688?s=20&t=enhFHto4MV5OvJ4n9Vy0Hg

The annual 12% growth you rely on for your 401K goals is over.

The rich world's working population has peaked. We now running out of consumers.

That means falling GDP, a shortage of workers, less tax revenue, higher taxes, and an increasing burden from the elderly 🧵1/7 The last 100 years has seen ever-increasing consumption facilitating the capitalism we know.

But we have had the perfect conditions of declining birth rates (fewer kids to 'waste' money on), low numbers of elderly drawing social security and a growing pool of workers 💯🌈 2/7

Finished V2 of my TVL Crypto trading model. This one also takes counter trend trades and always has an open position.

Ave Trade duration = 52 Days, ave return = 25.98%

Current position = LONG (Bear Market), opened 2022-07-26

Will post signals moving forward.

Trade list below. TVL data is total market excluding non-fiat stables. Measure is momentum and slope of TVL change.

It is a broad market measure so designed to work against a Crypto market index. Because we don't have an tradable index yet I have used $ETH.

Data from @DefiLlama <3

Demographics are destiny. This chart is the most predictable and investable trend of our lifetimes.

In rich countries, under 65s have peaked and the 75+ ago cohort will 2x over the next 20 years, growing by 1 billion people. They are wealthy, they want health and they vote. /1 Demographic projections for low-income countries are very different and this will lead to a major wealth shift.

They may be poor now, but their education levels are growing, they have access to the internet and digital assets will provide them with rapid access to banking. /2

1/8 A 🧵 on @WhiteWhaleTerra and why I'm super bullish on $WHALE

Firstly, it is currently trading @ just 1 x the value of its treasury. Read that again: 27 Million in the treasury and 27 Million in market cap.

What other protocols can claim the same? I'll wait while you look 🧐 @WhiteWhaleTerra 2/8 Secondly, the actions of the @WhiteWhaleTerra team speak louder than words. They didn’t manufacture a pump and f#%ked the bots by design.

They used a LBP to launch which crushes the price, pulls the rug on bots and allows the community to buy at pre-sale-like prices 💝

After spending the last two days looking into
@origin_trail $TRAC I have decided to build a position.

It is a chain agnostic tool for organizing and connecting all the data of Web 3.0. Thanks to @TerraPico_ust for opening my eyes, thanks to @ChillZoneInt for the education 🧠 👇 @origin_trail @TerraPico_ust @ChillZoneInt The @origin_trail Semantic Layer is key. MORE than "just supply chain". The Decentralized Knowledge Graph combined with the #ODN will make it the backbone of Web 3.0. It is a decentralized Google 2.0

"Our view is that the digital asset ecosystem is too big for institutional investors to ignore. This is not a fad." - @BankofAmerica

BOA recently released a 141 page "Digital Assets Primer". Here are my fave quotes 🧵👇 @BankofAmerica "Digital Assets are only in the first inning. The sector is too large to ignore; not just bitcoin, so much more" - @BankofAmerica 👇