Bitcoin Class of 13. “The road to serfdom is working exponentially harder for a currency growing exponentially weaker.” Real Estate. Energy. America First.
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Joined November 2014
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Block1 Capital retweeted
POV: JAMIE DIMON BEING WRONG ABOUT #BITCOIN FOR OVER A DECADE
WATCH TILL THE END 😂
Block1 Capital retweeted
JUST IN: The largest bank in the U.S. JPMorgan is forecasting Bitcoin to outperform every major asset over the next decade.
You are not bullish enough 🚀
Block1 Capital retweeted
Price Increases over last 7 years...
New Cars: +23%
Used Cars: +30%
Groceries: +33%
Shelter: +35%
Family Health Insurance: +38%
Restaurants: +39%
Transportation: +42%
Electricity: +44%
Auto Insurance: +49%
Home Prices: +60%
Gas Utilities: +62%
Gasoline: +64%
Dozen Eggs: +64%
Ground Beef: +76%
Fuel Oil: +84%
Coffee: +124%
Block1 Capital retweeted
"SUPERCYCLE" is just another way to say BTC breaks out of 4 yr cycles and follows global macro markets.
No asset in history has followed a programmatic clock except BTC.
BTC's supply shock is now TOO SMALL to make a difference.
→ BTC follows global macro here on in.
Block1 Capital retweeted
I don’t care how popular or unpopular it ever is, I’ll rep the Ron Paul revolution for the rest of my life. That guy is and was right about everything.
Block1 Capital retweeted
JUST IN: 🇺🇸 President Trump says inflation could pay down the $40 trillion US national debt "very rapidly."
Block1 Capital retweeted
I understand that the social security conversation is political poison. But I’m not running for office so I don’t care about that. Taking huge chunks out of the paychecks of young working Americans in order to pay for the retirements of older Americans who have a net worth several times higher, all to prop up a system that everyone knows likely won’t be there when those younger people are retirement age themselves, is morally abhorrent and economically insane. Everyone knows it, too, but we’re held hostage by elderly politicians who refuse to surrender power, and older voters who, as a group (with exceptions, obviously), simply don’t care all that much about the financial and cultural future their grandchildren will inherit.
Block1 Capital retweeted
Asset performance since the Iran war started:
Bitcoin +24%
Tech ETF +22%
S&P 500 +11%
inflation bonds -7%
Gold -21%
People still think BTC is the risky one? 😂
Block1 Capital retweeted
the midcurving on SOL comes from a profound cynicism about crypto's future
what's going to happen is that crypto adoption is going to 100x
it will not just be perps, or RWAs, or memes -- it will be all of it
the totality of old finance combined with the weirdness of new finance, at planetary scale
and at that game, Solana is king
to that effect, one framing I've been riffing on: SOL is new money
'new' is a powerful & optimistic word -- it represents possibility and the infinite, rather than marginally optimizing spreadsheet accounting
it is too early in the game to treat novel internet money as it were a derivative of Costco stock. blockchains that scale are barely 2-3 years old
it's 2004, you can opt for JP Morgan or you can go for Apple
neither are wrong, but one is more optimistic