Hey cypherfolk we adore y'all! Thanks to you for giving mankind a hope to escape from fiat money abuse. And bless the Publish0x as always for giving hope to us all!!!
The wife was listening to some friday talkfest crypto podcast somewhere, maybe led by the Peter McCormick"What Bitcoin did" dude, who seems pretty genuine. Our we could just say without evidence, or maybe we dreamt it - because our brain barely handles the spoken word format for info analysis. It's too slow, or too fast, or way too slow, it's like having to synch up to make a phone call that should be done by email, we're autistic, what EVER. anywho - Raoul Pal said his favorite conspiracy theory is that the National Security Council created BTC!!??*&@^^$*@!^@!*&#++!!?????
Now we all love(d) Raoul Pal, we all know him as the "irresponsibly long" dude
Raoul was the ultimate credibility shot for BTC. A real housewife's choice, his trust beams would blast your panties whither than white. a total insider Goldman Sachs fixed income hedgie of the old school who dumped it all in and went long as a song baby for btc. Then he fired up his research firm Real Vision, and started proselytizing BTC.
Well maybe there SHOULD be no proselytizing of the true religion ( wall street chestnut #72.5) Cause then he sh-tcanned BTC 99.9% and started singing the gospel of ETH
well, WTF Raoul? You breaking BTC's heart? Way back when he first switched, we had a sneaking suspicion in our heart of hearts. Why the ?? did Rauol switch over, so hard, so suddenly? Well he is a trader, chasing the next glory... ok maybe he still has a month on his call option but Let's go to the Gecko as if six months is up !!! how has ETH done since the end of October?
Raoul, dude, that's pretty effin flat man. Transaction costs switching from BTC to ETH gonna just about make it a wash, yeah? Ya got a month, but THAT'S not the clearest trade ever...
To be clear, Raoul's FUD that the NSC created BTC knowing they would need an offramp from fiat is a hilarious, multifacted bit of samzidat genius. It flips the mysterious Nakamoto story 180 to reimagine a benevolent and omni-prescient government. It makes BTC ultimately completely acceptable to western powers. Really smart.
But to us? Man, watching the news and feds today all we see is blackpills, psyops, false flags...At first we thought of the real reasons why Raoul might have dumped BTC. In descending order of disgustingness, quickly
1) the econazis are 100% gonna make another attack on BTC, while ETH to be Proof of Stake 99.9% energy free any minute now.
2) Raoul has seen the truly hard faces of the global protectors of fiat; he knows insider details of how the global fiat printing will channel through trusted banks to hit global ETFs to suppress BTC even as is done with gold.
3) Raoul was bought out by the powers at JP Morgan / Metamask that own nearly all the eth in the world anyway. He is now shilling for ETH like a YouTube degen, and/or ( wall street chestnut #18 - when given a choice, take both) he believes ETH will escape the fiat squeeze.
4) Raoul was always obviously under tax pressures, exiling himself for extended cabin fever in the little Caymans. But now, those responsible for printing fiat to suppress BTC realized their spend would go much further if someone made the "irresponsibly long" dude STFU. So they called him, they dusted off those tapes the Yakuzi got on Raoul before they did biz with him last century / whatever he saw their light/darkness and here we are, Raoul has (self?)-censored.
Bonus blackpilled thought that comes with #4 - Raoul's fave theory just made the penny finally drop - Raoul has actually freaking GOT STOCKHOLM SYNDROME and is PUSHING THE NSC BTC SHILL as capitulation to his fed masters??? aaww, no, man,c'mon Raoul we loved ye...
Personally, we are rooting for ETH to moon in the next tick tock tick tock 1-4 months baby, come seven come eleven Raoul & #1 man!!!