Chris Russi Profile picture
Previously Wall St, Now Crypto • Interested in All Things Web3 & Social Impact • CIO @ Point-Slope Capital • Advisor to @SuperfineOrg • @UCBerkeley Alum • ₿
Oct 13, 2020 20 tweets 10 min read
1/ Laundry List of Reasons for $BTC to Outperform in Q4 & Beyond (a thread):

Significant Compression of Circulating/Liquid Supply:

- Coins are moving off exchanges in larger #’s
- Active supply is tightening (63% of all BTC has remained dormant for >1yr)

h/t @PositiveCrypto 2/ Supply Compression (Cont’d)

- Reduction in Free Float = less supply to meet existing and future demand
- BDD, an est. for the “velocity of money” w/in the BTC network, is less than half of what it was compared to 2019

In other words, Holders are HODLing
Feb 10, 2020 72 tweets 16 min read
1/ Read through the recently released 2020 Edelman Trust Barometer this weekend, which inadvertently makes a strong case for why a decentralized state free money, such as #Bitcoin, may continue to take root in the minds & wallets of the world’s populations.

Time for a Thread: 2/ Despite a strong global economy and near full employment, the majority of respondents in developed markets surveyed by Edelman do not believe they will be better off economically in 5 years’ time: