WHAT IS HAPPENING W/BTC?
1/8 After a new round of questions, I'll start by saying that BTC's current price volatility marks a maturity stage where it may dislodge most, if not all the fiat-brain speculators & leveraged free-riders who have little or no idea what BTC is all about 2/8 Ever since the inflation figures came out (4.2% CPI & 6.2% PPI) every asset class whose NPV (net present value) & therefore current price, depends on an income stream of future cash-flows is about to go get heavily liquidated, against much higher hurdle rates. This means that

1/8 As a speaker at the BITCOIN Jun 4 2021 conference, I have been asked to address the coming Bitcoin DeFi era of decentralized financial innovation that @Stacks, a Bitcoin-Layer-2 blockchain run by a 100% independent consensus-protocol will bring to the digital assets’ universe 2/8 Ever since I began developing ppx.ai, a Bitcoin-Sidechain token protocol that, rather than adding risk-surfaces to fiat’s already complex risk-mix (as stablecoins do) removes the need for users to trust counterparty-settlement and proof of reserves by letting

1/5 WHY BITCOIN ~$280T in Total Global Debt by end-2020 confirm that only two asset classes exist: Systemic (Credit Assets) & Non-systemic (Reserve Assets). But holding the second one, requires knowing how to fully defuse custodial risk. sequoian.com/2014/10/the-fi… 2/5 WHY BITCOIN -Since the mid 80s, Global Central Banks have massively raised the NPV of systemic assets by cutting interest rates to revalue their future income streams, while issuing rising sums of “risk-free” debt. Yet, during peak volatility events, sequoian.com/2015/09/wp-con…

#Bitcoin Whale Bubble-Net Fishing:
The MSM pundits blow a net of bubbles to completely encircle the shoal. Panicked by the eerie bubble soundbites & blinded by synchronized anchor-news BS, a weak-hands herring bait-ball dumps its precious BTC as the whales begin a feeding frenzy Trading Conviction comes from knowing how things work.

Take last week's slaughter of weak-hands herrings. To make sure, you're calm & detached from it & don't end up inside the bait-ball, you must be fully aware of its nature:

1) Let's not think life at sea is ever guaranteed

1/15- Fortunately for both of us & the other Bitcoin maximalists out there, that's not the way things work in the professional trading markets. At least not over the 40 years I've been professionally involved. Up until Saylor came along, the PPT (pictured) had been crushing small

https://twitter.com/real_vijay/status/1329134833616883712

2/15- investors back and forth since early 2013 in a manner similar to the way they've been intervening against all major fiat-currency hedges such as gold, whose prices, for instance, they've distorted by +10X since the early 70s, when they began counter:

https://twitter.com/olairet/status/1288150694097301504

1/4 A few of my colleague fund-managers agree that the most important factor involving Bitcoin is custody.

A Hodler should think of bitcoin , as if it was already worth millions. That's the only way he'll become anxious enough to make sure he's covering 100% of every corner,

https://twitter.com/lopp/status/1322917294809534470

2/4 when it comes to holding it -no matter how many years of work and research it takes him to learn the details. Thinking that way, also forces them to realize they cannot allow themselves or any intermediary who is holding their bitcoin on their behalf, to speculate with it,

1/18 Bitcoin's Computer Nodes, which have, so far read (and processed) at least 613,870 chat interactions since January 3, 2009 (one every 10 minutes over the past 11 ½ years), one cannot expect us, humans, to waste our precious little time on earth, checking (every 10 minutes!) 2/18 what’s truly happening with our money. Especially, having understood that “Money” is nothing else, but a system of Accounting Entries (don't believe anything else) to keep track of our Current Economic Value Contribution and any excess of it, we have created during our

1/3 Rómulo Betancourt no solamente, no es el padre de la democracia, es El Padre de la Corrupción a Gran Escala en Venezuela y mientras no confrontemos esa realidad histórica, las fauces de la corrupción a gran escala seguirán abiertas y la manipulación mediática continuará... 2/3 siendo el verdadero factor de poder que funciona en Venezuela. Una sociedad que, en lugar de verificar las cifras históricas, le atribuye milagros al partido más corrupto que ha tenido Venezuela, después del chavismo y a sus manipuladores mediáticos, seguirá siendo...