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goodalexander
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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
#ETH
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goodalexander
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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
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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
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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
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prediction: nobody will use US perpetual style futures they'll just keep lying about using Hyperliquid or use Binance like an adult
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business idea: crypto conferences in places without wrench attacks
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