goodalexander

stocks and bitcoin are correlated. why? bc printed money drives earnings + demand for scarce things up

how does the correlation break? populism

taxing earnings, seizing assets.

crypto is, at its core, a tool for capital flight whereas stocks are a tool for capital returns

when you're desperately trying to withdraw money from your bank account in a couple years to buy any spot crypto you can, you can flash back to the point in 2025 when it was obvious exactly how it was going to go down and you did nothing

if you get stocks on chain that don't have a ton of credit risk people probably won't keep their money in US dollar stablecoins with no yield

should be pretty obvious but apparently that is not obvious so I am saying it

prediction: nobody will use US perpetual style futures they'll just keep lying about using Hyperliquid or use Binance like an adult

business idea: crypto conferences in places without wrench attacks

btw someone launched a coin last night "DOOM" on SOL. it was not me or anyone I know.

incidentally I also did not develop DOOM, the video game where technologists open a portal to hell

The asset I've been talking about is an exchange traded fund (ETF) -- stay frosty

here's to the bullish doomers

the ones who buy not because they believe in the numerator

but because they understand that the denominator is going to zero

ppl in crypto understand that market caps are easily manipulated and can be used for listing crime/ scams

what they've forgotten is that all passive investing is market cap based

so Circle for example if it gets added to indices goes in at a crazy value. that = exit liquidity

I think what ppl haven't thought through on alts is that there's a new liquidity catalyst

old framework: buy early, TGE, dump, down only chart
new framework: buy early, TGE, (wait a while) ETF/ treasury vehicle

much better price action with new, more stable end market

crypto not investment advice

* high FDV low market cap is bad
* uptrends are good (90 day pct change raw, and vs btc and etc)
* trending on google trends is gud
* high funding rate bad
* high value wallets (founders/investors) dumping is bad
* on chain fees in uptrend gud

whenever you compare the market cap of asset A, which is not a meme, to asset B, which is a meme - you are in for a world of long running disappointment

what do you do for a living?

I've been having a 4 year manic episode on twitter. wealthy men with cat profile pictures direct message me highly profitable trading ideas / business opportunities

I reinvest the profits betting on the collapse of fiat currency

er, nice shoes

if Arthur Britto the long lost XRP founding engineer came out of hiding 10+ yrs later to just market sell everything I'm going to be so depressed

there's a guy on here who traded $4m to $700m with a couple other guys

there was a lot of crime

but still. reminder that you're underperforming your potential

how do people listen to podcasts. have a view on Hormuz

go to conferences

in France??

have you seen altcoins? this asset class is trading like absolute death. get to work!

kind of hilarious that USDT has $4B of inflows in the past month while Circle's USDC has ~$0.

Time to issue convertible debt to increase the USDC supply, perhaps? New perpetual motion machine?

why Circle Internet and Cluely are the biggest beneficiaries of this weekend's special military action 🧵

The problem with eth is that its holders are a bunch of neurotic chronically online guys in Brooklyn so it has exposure to literally any negative headline

When Pasternak was first thinking about building in crypto he called me and i was like:

Listen bro these people will shit talk you, call you names, catcall your girl. But at the end of the day if you can sell fake meat chicken nuggets you can sell shitcoins and that’s fr

I was in a standing room only stablecoin event in Singapore

“The real question is when we can buy a coffee with a stablecoin. Almost there”

One guy in the audience brought up that he was fine using cash or a credit card, and didn’t really get it. but noted that he was bullish