I sleep better at night now that I save in bitcoin.
The volatility is a feature not a bug- a result of adopting a new concept, absolute scarcity.
Apparently there is a $7B short position that liquidates if bitcoin rises above $75k… imagine that, shorting bitcoin at the front end of a bull market, likely rate cuts, global liquidity and continuous ETF demand.
I’d be having nightmares.
kylehuber / Kyle Huber
npub1u4…a2gwh
2024-03-30 02:03:59
Author Public Key
npub1u4l7cryq96h2e4ljqsnhmkclsm42jtnzetws6f5hppxtfcc480uqqa2gwhPublished at
2024-03-30 02:03:59Event JSON
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