Cryptonauts, we love ya!!  

There's been a nuke from orbit ton of funnies hitting the crypto news scene lately!! Let's get caught up!!

Warmup funnies: Well there's the "death of bitcoin' stories rushing to press!! Here's one!!TLDR: EAT it tradfi Barrons, ya butthaids!!!  Yes, Virginia, there IS a bitcoin!! We don't HAVE to trust a bunch of power mad, lying politicians playing favorites any more!!  "little reason to buy."  Written by someone of little brain!!!  Like us!!  Instead of little brain,  let's sing a soul train revolution song for reading music:TLDL: la la la la!!! can't stop an idea whose time has COME baby!! 

Warmup funnies - Binance releases "range bound."  WTF is THIS?? It's $#($*#$&#(* chit that's what!! TLDR: what's wrong with this??? SO, so very much!! What's the joke - the lotto is a tax on those who cannot do math!! The odds of winning are basically the same if you play or not!!!  OK, we have softened our thinking on the lotto from our research days..  It's more like a very ($*$&#*(ed up savings plan, where you lose MOST of what you save!! 

What is "range bound?"  In reality, if you go into range bound, you are selling a flat top butterfly.  A hedged short straddle. Do you know what a broken winged butterfly option trade means?? If NO, STAY THE #$(#$*& OUT!!! TLDR:If YES, STILL stay the #(*&$(*& OUT!!  Do it yourself if you really want to!! 

There is nothing new under the sun in options land.  It's good to hedge if you are a farmer that could get wiped out by one bad year.  It's OK to hedge if you are a supergenius getting paid to play with other people's money, like Long Term Capital!!  Otherwise, remember that over 80% of all options traders lose money.  Here's the thing - playing the options market, even just selling a flat topped butterfly like Range Bound, just means Binance bought and sold some options for you.  Now, options cost money and have friction!!! & we PROMISE that Binance is doing NO ONE any favors on their options pricing!!!  There is ALWAYS a haircut for the house!!!  

Much more importantly, and the FUNNY part - options prices are fairly priced!  They are supply and demand!  it's the law of the market.  The LAST free market!!  So when you decide you are so smart you will make money buying and selling options, that means you think y'all are smarter than the collective intelligence of EVERYONE ELSE IN THE MARKET TOGETHER AH HA HA HA HA HA HA !! Sorry. Trust us, it's funny!! 

OK ok we need bigger louder funnies!! Here's one - who killed Silicon Valley Bank?  The FED did!! ah HA HA HA HA HA!! no really, SVB didn't do anything THAT stupid !!  Except for believing the FED when the Fed said there would NOT be massive unending inflation!!  ar ar ar arooo0000!!!  then, this week, Jeromeo was all, y'know, gonna have to jack rates up S'MORE!!! to make up for the giant eff-up when we plastered the world with free money!! 

OK, ok, POSITIVE funnies!! Well, we have Bitcoin!! like we said - if rates go down, BTC will go up!! If rates go up - then inflation is here to stay & BTC will go up!!  Centralized power is GONNA eff up and fail!! Decentralized power CAN remain pure and powerful!! 

We thought nothing was funnier than Jeromeo saying a Merican CBDC would "certainly" drive the price of BTC to zero.  Ah HA HA HA, that still might be true!! But let's take a moment to laugh at Gary Gensler!! 

Member when Gary fined Kimmy K for tweeting an ad - even tho Kim said #AD for heaven's sake?? Meanwhile Gary was playing footsie with Sammy ah HA HA HA HA!! What could be funnier? 

Well, now we have Gary putting Paxos BUSD outta biz, while of course leaving hometown fave USDC circle untouched.  Yeah OK, ah AH HA HA HA HATLDR: ah HA HA HA HA HA!!! 

We love y'all, crypto people!! Stay strong!! 

Peace out, love

Dave 

ps please refer a friend!!! 

Ooh child
Things are gonna get easier
Ooh child
Things'll get brighter Some day, yeah
We'll put it together and we'll get it undone
Some day
When your head is much lighter
Some day, yeah
We'll walk in the rays of a beautiful sun
Some day
When the world is much brighter
We'll put it together and we'll get it undone
Some day
When the world is much brighter Some day, some day, some day, some day yeah
We'll put it together and we'll get it undone
Some day
When your head is much lighter Some day, yeah
We'll walk in the rays of a beautiful sun
(Right now)
Oh yeah
(Right now) and you just wait and see how things are gonna be