Oddbean new post about | logout
 i wish I had endless fiat, if only to put a limitless bid into #btc to see what entities would get blown up

i think the bodies floating up after shorting would be telling 
 Man I’m tired of this sideways action. I guess they want plebs to sell (lol) before they let it go up

Anyways not selling to uncle Fink 
 Or his retarded cuzin count jamie of the dimons 
 So true!!!

I still love the “holding the beach ball under water” analogy….at some point it has to be spectacular 🤔🌅 
 i'm guessing interest rates are  holding that beach ball under 
 I’m guessing that’s one of several factors….

But in a fiat world of free money, too big to fail institutions , a robust futures market, the cantillon effect and the threat that decentralized value/currency poses to world govts I have a feeling there are other tools available and likely in play 🤔🤷🏽‍♂️ 
 yes! the winds are shifting and capital is getting  re-positioned, the vessel is tacking, and our bitcoin sails are trimmed to catch that breeze after these summer doldrums 
 I hope so my brotha

…but more importantly I hope BTC mining stays as decentralized as we think it will be…and it remains as censorship resistant and permissionless as it has been up until now

…IMHO as long as it does those things “number go up” will take care of itself🌅