R.I.P. King Bitcoin,  Smothered by Blackrock's ten trillion AUM, late 2023-24.

R.I.P. King Bitcoin, Smothered by Blackrock's ten trillion AUM, late 2023-24.


Cryptopeople, we still love you, y'all should KNOW that by now!! But today is a heart wrenchingly SAD day, for us, your mighty Watch army.   The stalwart among the altcoins shall have to march on and try to fill the giant gap in the waves!! 

we got so sad reading Phil the mining CEO think that ETFs will expose BTC to institutional money.  Yeah, that's true, if you are talking about the 150 trillion in AUM SMOTHERING bitcoin with fake, paper, btc in name only ETFs!!    Ok there might be, already once was, a secondary small effect of a bit of a surge up.  But the idea of BTC as hard money, the hardest money ever made, is DEAD with bitcoin spot ETFs. 

e54ff97f47a906517e33886790ea9d7edab10681e7705f448f8cd05cee74a6dc.png

Ya know we can never watch king kong, any version, all the way thru.  It's too sad when King BTC goes down, sadder than Old Yeller!! LIke WTF did the KING ever do wrong? adff0fa06bce60a194522d5cf8fbde4d634e4d4df605ad6a20a02723420ceba4.png

but BTC - just chilling in the jungle, minding his own bidness, and suddenly he's in NYC &  Liz Warren is trying to kill him.

The direct frontal assault on King BTC could never work!! But the fake love of Larry, kissing BTC as being revolutionary while destroying the basic concept of scarcity.  Alas, poor BTC, we hardly knew ye.  & the kids will only know the paper bitcoins. 

ec358523d1234c341c0cc5ed3a4ec70a863d386a2b684d926eba6db7341f1169.pngTLDR: alas, poor Yorick, I knew him.  

Hey, it's funny, BTC was designed to defeat Cantillon paper hanging $#(U$(.  5963369532664775a4db3cbccc0f610297a46e2cc50c28fbda441d9ffe3507ad.png But what happened??? They are hanging paper on BTC!!  

 

Skoal!!! 

love

Dave

 

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Dave Sawyer
Dave Sawyer

National Merit got this punk rocker to Oberlin, and Wall Street fintech gave up world tours and an NYU MBA. I am a Bitcoin true believer. Bitcoin is deeply revolutionary in a way we always prayed tech would be. Keep the baby Faith!


Accelerationist Shit Show - buy Bitcoin NOW
Accelerationist Shit Show - buy Bitcoin NOW

Face it. The geopolitical world is going down hard in a blaze of money printing. America freaking out makes the world freak out, burning cities, riots and total polarization while the MMT monkeys at the Fed make the printers go brrrrrrt as we whack the world economy with Covid. Join us as we go crawlin thru the wreckage. A lot of things that were going good just stalled hard. A lot of things going bad are getting there faster and faster. to quote Nina Hagen, FUTURE is NOOOOWWWW!!!!

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