Occupation: Rare Digital Art Dealer Source of Funds: Crime Are you or your family members an executive at a registered investment firm or broker dealer? All of them
This is how you burn the boats
It’s only once you can no longer have bank accounts that you will understand BTC
I’ll probably sell XRP 5 days after Ripple Labs IPO when people stop seething and start pretending they were long the entire time and it was so obvious and “left curve”
I don’t think you really understand what the world looks like when Bitcoin is at $250k because if you did you wouldn’t be so excited about it going there
Phase 1 of ai bubble burst: 90% of content is apps that people actually built with AI that get no traction because they lack effective customer support, distribution or cartel dynamics that drives all existing software sales
This kicks off phase 2 where the GPU companies start manufacturing demand with things like crypto mining. Phase 2 will be much more violent- because it will be untethered from any real economic demand - just compute for compute sake. and will benefit us a lot more
Your worst case scenario for token performance is that it gets a ton of usage subsidized by network inflation and that usage destroys the wealth of its holders
Death spiral
AI or other non gambling use cases might end up enriching holders - which is why they’re so important
the reason crypto will become the currency of the future is life extension tech
ultimately, fiat money will never allow you to buy time. aka radical genetic enhancement. because fiat is based on entitlement programs assuming you die at 100