Gammichan

These 20% BTC moves are incredible but it's the return of 100x onchain runners that I have my eyes peeled for
Soon...

We really were talking about *checks notes* plumbers at the bottom lmao

@deejayrips And it caused the market to make a huge leg down just like FTX did

The current situation is very similar to the FTX bottom:
-Large leg down because the biggest crypto supporter capitulated vs large leg down from the biggest Bitcoin supporter (Saylor) capitulating
-Blackrock saying they're going to buy BTC vs The president saying USA is going to buy BTC
-Both completely reversed in one weekly candle after a low vol period

We really got a cure for cancer, yield curve control, and the president saying the US is going to buy Bitcoin all in the same day.
LOL

@samuelalpha77

The whole notion of capitalism changes when the worker is no longer human.
Owning the means of production changes when the producer is an AI or robot.
Taking from the rich and giving to the poor becomes a more obvious choice when the rich you are taking from are formless AI and the poor you are giving to are human.
It's why I think we are moving towards socialism, UBI, etc. Capitalism has brought us many benefits and advancements (I am a big fan of it) while socialism has historically failed. But AI represents a fundamental change to both of these systems, the worker will no longer be human, a

If you're wondering what the drivers for an upcoming bull could be, I present the following for your consideration: China, Tokenization, AI
China: What we call the 4 year cycle that has been attributed to BTC halvings also just happens to line up with monetary policy, specifically it lines up best with Chinese policy and guess what? They're having some issues and will likely turn the money faucet on in the near future. We all watch the US Fed so closely but China is as important and deserves your attention too.
Tokenization: Robinhood has been pushing this big time, Hyperliquid as well, BlackR

Today is important. Big structural shift in PA, we're now making HH rather than LL and critically it's driven by a fundamental change in the financial backdrop (QE)
Won't be a straight line up but good odds we'll look back on today as the first spark of the bull.