Of Bitcoin In 2023, And The Collapse
No pompous Saylor Academy needed; crypto is permanence in an impermanent always changing world. That's the Don Draper elevator pitch. Not hard for the masses to get.
Legendary east coast hedge fund manager Bill Miller not long ago shared with a reporter that about half his portfolio was in Amazon.com stock, and about the other half was in Bitcoin.
Miller explained to the reporter that he sees Bitcoin not so much as a currency (yet), but rather, a novel insurance policy of sorts that anyone in the world can buy some of.
It’s an atypical and brilliant way of looking at crypto. In part, block space on a provably rare blockchain is a way for people to hedge against the unknown. A decentralized rainy day fund, agnostic of nationality and national economy.
Old man Rothschild bought in 1700s Frankfurt when there was blood in the streets — today there’s digital crypto-influencer gamma male autiste metaphorical blood spilling into the streets — and those who were clamoring for some on-chain cryptodust at $60,000 per Bitcoin are now completely uninterested, it seems, in a sub $17,000 Bitcoin bloodbath.
Humans… you begin to see where Ultron was coming from.
We gotta start getting things right more often than not.
We still good, but our Litecoin thesis is a big secondary booster stage of the FULCRUM galactic rocket. Our business will shine if our non-traditional holdings take off. Aside from Bitcoin, Litecoin is now our second largest non-traditional holding.
You see the Artemis 1 mission — paid for by Uncle Sam, Uncle Sam’s sacred defense contractor Lockheed Martin (with the Luciferic magick star as its corporate logo, natch) which built the very capable command/crew module, and the proud American People — and you can’t help but feel proud still.
That was supposed to launch back in August; months of delays yet it finally saw space in November 2022. What an incredible project, rocket launch system, and mission test. The goal is to make lunar missions somewhat mundane; if you need to go there, like Antarctica or downtown Detroit, you’ll be able to find a way in lol. They’re building the tech for that.
Flat Earthers will cry out in the comments, but no need. Space is very real, and I’m not on the NASA dole. Grandpappy Seaman was a NASA engineer who then went on to create many patents in the private satellite industry; space is very real, grandpa wasn’t a 4chan grifter, he was a smart engineer.
It’s amazing what humans used to be able to do a generation ago, before the lawyers and the distractions like smartphone social media took over. Give some men and women a little whiskey and like $240 billion budget in today’s dollars, and shit just gets done. It was the Don Draper Mad Men era, truly.
They didn’t keep all the engineering records because they just didn’t give a shit. These were primitives. They thought planting a flag there and filmed footage and actual moon rocks would suffice; they never could have predicted the Reddit skeptic of today.
Don’t let the bizarre globalist say otherwise, humanity is great and has accomplished great things already. NASA is one of the few areas where America still shines the light. China is putting up space stations and doing all kinds of impressive things lately, to be sure, and I’m hoping for a new space race. Why not? It’s better than war.
If you want to, get my books — I won’t have time to write long format stuff like that again for a while. Pandemic doldrums allowed those to be written.
I’ve begun business travels again, lately to Denver and to NYC to check on some blockchain regulatory stuff.
The books - Winner Take All was 2021’s euphoric decade-out vision; Treacherous America was the more myopic but needed short-term corrective… we’re good, but we aren’t there yet.
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