“Eric Trump and his brother Don Jr., worth somewhere in the ballpark of $50 million apiece before their father took office again, could each have earned another $20 million or so from recent crypto ventures.”
Forbes is so petty. Harassing for so little. https://www.forbes.com/sites/kylemullins/2025/05/23/how-trumps-sons-cashed-in-on-their-fathers-comeback/
There are many jarring “top signals” (hubris, euphoria, leveraged Bitcoin treasuries, nonsense spending sprees, memecoin presidential dinners, etc) that indicate a local top and will look obvious in retrospect. Delays but doesn’t change the long term picture.
There are many jarring “top signals” (hubris, euphoria, leverages treasuries, nonsense spending sprees, memecoin presidential dinners, etc) that indicate a local top and will look obvious in retrospect. Delays but doesn’t change the long term picture.
Today is #BitcoinPizzaDay! On May 22, 2010, László Hanyecz purchased two Papa John’s pizza for 10,000 #BTC (roughly $1.1 Billion today. lol). It’s one of the earliest well-known purchases in #Bitcoin history/folklore. We hungry Bit-Hungarians like our pizza! :) ₿ 🍕 🇭🇺
She finances a $27 smoothie over four payments. The chia seeds? Separate microloan. Straw upgrade? BNPL, tokenized. She defaults. We repo the blender and roll her lunch into a Meal Obligation Tranche (MOT) and sell it to a hedge fund in Tribeca. Goldman calls it “edible alpha.”
The Bitcoin developer dramas are very similar to banking committee dramas. Egos and incentivizes flash, interest groups form.
Bitcoin enjoyed preferential status not just because of its design, but because of its neutrality and lack of traditional governance. Dramas aren’t great. It’s unclear whether the infighting will lead to greater strength or ultimately irrelevance.
The Bitcoin developer dramas are very similar to banking committee dramas. Egos and incentivizes flash, interest groups form.
Bitcoin enjoyed preferential status not just because of its design, but because of its neutrality and lack of traditional governance. Dramas aren’t great.