Since Bitcoin has 6xed from my previous article. Just some observations to share. People ask me from 15k till now whether to buy bitcoin. 1/10 of them buy. 0 buy any amount worth mentioning. People ask me to sell it. Because it might drop to $0 tomorrow. But could it…

Buy. it. — Been calling the buy since it was $5k. Why BITCOIN? Hundreds of coins, why bitcoin. Why did you think of bitcoin first on the word crypto? Mindshare? Market share at 70%. Part of the value is a function of network effects (Metcalfe equation). Sharpe ratio, best out of all assets. …

The tactics behind the idiocy and what happens Trump’s slogan, was first Reagan’s slogan. We are but actors on a stage and Trump utterly embodies stage-thinking into his life above all other principles. After all, much if not all the success in his life can be attributed to his salesmanship…

There are 2 camps in this macro environment. Those that believe the QE is permanent Those that believe QE cannot go on forever (those that have no stand naturally default to here due to loss aversion) Regardless of perspective and data, they show me that we have passed the stage…