BitKane
@kanemcgukin
Helping others bridge the gap between Bitcoin and banking on Navigating Bitcoin's Noise:🎙️http://apple.co/3wFbiiq Views are my opinion ≠ advice.
The biggest takeaway from @TheBitcoinConf was the energy, interest, and capital looking to back infrastructure that will power financial liquidity for future generations. A quick🧵on how a history of liquidity crises led us to #Bitcoin . /1
Yes. We absolutely have… x.com/kanemcgukin/st…
It's kind of sad seeing so many Bitcoiners commenting their favourite Treasury Company Ticker (which is probably down 50%+ from the highs at this stage), hoping someone will tell them has hit escape velocity. It hasn't, and we've seen this behaviour before...in shitcoins.
Torrents taught me one thing: You can delay the future, But you can’t out-regulate it. Bitcoin isn’t the end of institutions. It’s the beginning of their next chapter in order to survive.
The playbook is already written: Deny → Mock → Regulate → Integrate → Compete Watch closely. We’re in stage 3.
It’s interesting that Stablecoins are what finally got TradFi’s attention. I understand, now there is more regulatory clarity with Bitcoin et el, but it also points out that what people really grok is: Spending, not saving.
🟠 How much Bitcoin does the average person need to retire? Here, its calculated and presented in radial charts 🍥 for 96 countries, ages 5 - 75, retiring in 2025 - 2055. - - - Based on each country’s average income level, adjusted for inflation (7% M2 expansion), and of course…
🎯 22:25 “I’m not sure that everybody has adjusted to that these interest rates are historically normal. They are not high rates.” - Seth Klarman
This is actually a phenomenal chart that tells the history of rates AND the challenges we’ve created in banking. 💡High rates = functioning economy 🚫Low rates = broken economy Here’s how Central Banks and Derivatives distorted this 🧵⬇️
Fidelity amends its #Bitcoin ETF to allow in-kind creations and redemptions.
A policy brief on the mission creep: mercatus.org/research/polic…
Today in a CNBC interview, I called for a review of the Federal Reserve. It is my belief that the central bank should conduct an exhaustive internal review of its non-monetary policy operations. Significant mission creep and institutional growth have taken the Fed into areas that…
Thinking of May when MSTR was at $413 and stock-salesmen were smirking and dismissing my concern. “The train is leaving any moment” they said. Today it is at $409. Hype is the enemy of retail.
Great job by MSTR being down on the ATH day when Bitcoin is up near 2%. This is hilarious. What over-printing your own shares can do.
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We often get asked "Why aren't you diversified across crypto?" at @ten31funds. The answer is simple; bitcoin is the signal and it's much more rewarding to support generational businesses building critical infrastructure the right way. Hot potato investing is a losing game.
Don’t overlook this statement.
In a speech at the Federal Reserve Capital Conference, I explained how “regulation by reflex” doesn’t work—for banks or consumers. Rather than preempting crises, bank regulators all too often react to them after the fact. They play the role of a hazmat cleanup team instead of…
One thing that has really changed on this app, over the last few years, is how much easier it has become to see who the primary influencers are and when they’ve been given a message to spread. It’s almost in line with MSM at this point.
.@SecScottBessent: "What we need to do is examine the entire Federal Reserve institution and whether they have been successful... All of these Ph.D.s over there, I don't know what they do... This is like Universal Basic Income for academic economists."