Andy Edstrom
@edstromandrew
https://www.amazon.com/Books-Andy-Edstrom/s?rh=n%3A283155%2Cp_27%3AAndy+Edstrom https://www.youtube.com/watch?app=desktop&v=Qj6x0mcENYo&t=0s
Check out my book on Bitcoin: amazon.com/Why-Buy-Bitcoi…
So, why did $TRUMP choose to start a shitcoin and why on Solana? Shall we follow the 'MoNeY' to find out if there are any conflicts of interest and misaligned incentives? 🧵
Overall financial market speculation/froth is getting higher. AI, nuclear, quantum, meme stocks, crypto stonks going kinda nuts. Initial signs of sh*tcoin season. #Bitcoin strong. I don't make the rules. These days the U.S. Treasury does.
For the record, #Bitcoin is NOT the 6th largest asset globally. It's not even in the top 10. There are at least 7 nations with traded debt obligations over $3 trillion each. One could argue that the different maturities are different assets, but really they're the same entity.…
Latest sign of impending bubble: Shows with the word “bullish” in them.
Salim Ramji is Vanguard's CEO. He has been in that position for a year. He came from Blackrock, where he was head of iShares and index investments. This means he knows his ETFs. And he knows that Blackrock's most profitable ETF is its #Bitcoin ETF. Vanguard has been a major…
#Bitcoin about to set a new weekly all-time high closing price. By a lot.
Bitcoin survives But the leverage & securitization mania of mNAV will bring down a lot of houses. CDS is another good example: Took 10yrs to materialize. ✅ Became a serious consideration once > $1T mkt cap. ✅ Market driven largely by unmonitored hedge funds. ✅ Banks got…
Reflexive market properties drive hype & momentum. A buzz around new metrics, forms of securitization, & liquidity are sold with ease. Historical Accounts should be studied to understand the masking of old metics w/ new fancy names. New asset classes are the engineering fuel…
You thought that the hardest part of this 4-year #Bitcoin cycle was the Q1 downturn. Sure, it hurt, but it was much easier than its near-twin in 2021. 2021 was much deeper. The hard part of this cycle begins now.
Reason #24 we won’t get AGI in 2 years or 5 years - factuality is hard: -Current models suck at factuality, often hallucinating from their direct memory (parameters), failing to find and judge relevant sources (defective RAG), and even misstating facts in their context window.…
Bitcoin is an integrity test. Some "treasury companies" will be built with the right intent, but most will be total grifts. Reputations will be rekt. It's just a matter of time. Stay humble. Stack sats. Tick tock next block.
There will be lessons for those who chose treasury companies over Bitcoin.
Current slapdash hypothesis for performance of a levered Bitcoin OR Crypto entity versus underlying BTC or Crypto price Bitcoin/Crypto performance x 1 + % increase in coins per share x 1 - % increase in risk of levered blowup x 1 - increase in risk of confiscation x 1 - increase…
Congress just passed tax and spending bill that runs huge deficits as far as the eye can see. That means more debt. That means more currency debasement. The Fed is irrelevant. Treasury runs the show. It's hugely bullish for hard money assets. #Bitcoin is the hardest.
Dear New Yorkers, Please explain to me how you don't yet hold #Bitcoin. Thank you.
Zohran Mamdani: "Our end goal, seizing the means of production" HOLY F
#Bitcoin just hit an all-time-high quarterly and monthly closing price.
Are any Israeli pilots qualified on B2 bombers such that they could pilot American materiel and deliver American ordinance but without American personnel?
Can Israeli aircraft deliver U.S.-supplied “bunker buster” bombs to key Iranian targets like Fordow? Is this technically feasible? If so, does it require airborne refueling by U.S.-piloted aircraft?
I am running against individuals that can not critically think for themselves. This is a primary reason why in the past decade, CalPERS has exported more wealth out of California than any other vehicle in the state
Your #Bitcoin gains are a success story. They could also become your biggest tax liability. Solving this is now my entire focus. As the new Account Executive for @Swan Private, I'm structuring tax-advantaged accounts (think IRAs & Trusts) that prioritize long-term wealth…
You haven't watched this yet. And it shows. From June 2023.
A clip from my recent appearance on the @ShitcoinDotCom podcast explaining the fundamental difference between Ordinals and Stamps.