FTX exploded two weeks ago.
SBF is having Thanksgiving dinner in a penthouse with his family.
The NYT will interview him next week.
Amazon is already planning an eight-part mini series about it with two Marvel directors.
... "clown world" doesn't even begin to describe it.
Let's print ungodly amounts of money, inflate the price of everything, and force everyone to day trade for extra cash. Then, let's hike capital gains taxes to fuck them again. 🤝
"Bitcoin Twitter is jealous of Wall Street Bets"
No, we literally meme'd internet money into a $600B asset and they're taking down hedge funds for lunch.
We're brothers.
Ross Ulbricht (the Silk Road founder who's serving two life sentences plus 40 years) is having an NFT sale to raise money. And Bitcoin maximalists are vilifying him.
You brainlets have lost the fucking plot.
In case you're wondering how crypto Twitter is doing, a guy has been livestreaming himself trading $500 with 75x leveraged positions for almost 24 hours. He's now asleep in his gaming chair as the chart ticks on. And 1,400 people are watching him sleep.
the real reason why nobody is talking about Bitcoin quietly sitting above $72,000 is because they’re all on dexscreener rabidly trying to turn $12 into $2 million before Friday
I met a bitcoiner last night who mined some in 2011 and still HODLs.
He doesn't attend conferences.
He's not on Twitter.
He's been on no one's podcast.
He was eating salad.
...just investing in a technology he's excited about. And living a normal life. Like a psychopath.
GoFundMe reminding the entire world in real time that all financial intermediaries operate as deputized arms of the state.
There hasn't been a better Bitcoin advertisement in a long time.
MicroStrategy—undeniably one of the biggest cryptocurrency news items of this quarter—wasn't covered by Bloomberg, Wall Street Journal, Financial Times, or CNBC, all of which regularly publish cryptocurrency news pieces and occasionally MicroStrategy news too. Very odd.
$150M drained from KuCoin: BTC down 1%
BitMEX charged by DOJ, CTO arrested: BTC down 2%
Trump tests positive for COVID: BTC down 1%
Bullish tweet from CZ: BTC down 2%
Sun explodes, obliterates all life on earth: BTC down 1%
I take OPSEC very seriously.
That’s why I’m buying a bright orange hat that says “Ledger” with a pocket to hold my Ledger whenever I walk around in public.
What could go wrong?
Last year, a close friend got a notice from the IRS that he inaccurately filed his crypto taxes and owed them $100,000. After a year of back and forth, he learned today that the IRS actually owes him $600.