Jamesvanst

The Bank of England is going to raise rates into an oil, gas, energy and gilt crisis, with unemployment growing and growth flatlining.
On top of culture wars and a collapsing property market.
Buy Bitcoin.

Monday feels like tech down and BTC/gold up kind of day

As the headwinds and negative public perceptions grow for AI, the tailwinds are growing for crypto.
Money has to flow somewhere and it’s not bonds or real estate.

Anthropic and OpenAI are not only getting squeezed by open-source/open-weight LLMs, but also by Google, Meta, etc.
These companies can afford to be loss-making in this part of the business, but once they have you as a customer in their ecosystem using Google Gemini, the difference between LLMs will be marginal and you won’t move over.
All value eventually accrues to the hyperscalers.

Regulation and gatekeeping is the moat
It’s no different than the banks creating the federal reserve

Why Bitcoin works.
Human beings are at their core extremely greedy.
It’s a system that keeps everyone honest regardless of how many bad actors enter the ecosystem.

Rate hikes are now inflationary

The U.S. 10-year Treasury yield’s 12.4 basis-point surge ranks among the largest 2% of daily increases since 2000.
@LukeGromen

In April 2004 $TLT made a new all-time low of $80.51.
22.5 years later, TLT is at $80.87.
It currently has an AUM of $47B of dead money.

The market is pricing in three rate hikes
Oil is over $100
US10Y approaching 5%
BTC is just 7% down from its September high
Lows are still in.

Western government have completely lost the long-end of the curve.
Bond Buybacks, drain the TGA, QE its all inevitable.

The timeline is bullish but there’s a huge wave of disbelief.
The similarities to Q1 2023 is uncanny

Wen blink for policymakers

Tokenisation allows the casino to get bigger, more liquid, less fees, more transparency, global retail access, and fewer intermediaries.
Everything is geared to propping up the stock market and tokenisation does just that.

Grok Bot is out of this world
Multiple AI agents running around simultaneously
This is the start of an exponential shift
Reminds me of bitcoin ten years ago

Grok Bot is out of this world
Multiple AI agents running around simultaneously
This is the start of an exponential shift

What was wild about Bessent intervening was:
No major volatility issues
No major liquidity issues
the yield curve isn’t even that steep
Equities a few % of all-time high
Q3 estimated Real GDP is 4.7%

More spending is always the answer..