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Fly

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  1. I think price targets are difficult, but timeframe might be easier. Looking at 4Q 2025 for a top. I’m not selling BTC but plan on cleaning out the old altcoins I still have floating around.
  2. IBIT options start trading tomorrow. Will this be good/bad/ugly for BTC? Will retail turn this into a GME part 2?
  3. It is interesting to have seen the “store of value” challengers to BTC in previous cycles all fail to break into that segment of the crypto market, but as you stated when it comes to the smart contract competitors ETH was the first mover but suffered as competitors made further sacrifices in security and decentralization in exchange for gains in transaction speed.
  4. https://stacker.news/items/303469 Additionally, what was the core business of the automobile vs all the other things we do with it now. Yes it still gets us from A to B, but we eat in it, consume media in it, sleep in it, etc etc. Original design vs actual use can be very different
  5. Take a morning walk outside for 30-60mins. No phones, no podcasts. Just time to reflect, enjoy nature, and get some exercise. It is a luxury that I truly enjoy.
  6. Quantum has been getting a lot of press lately even though we're a decade away from anything scalable. Might be worth watching some small players in the space
  7. The contrarian in me wants to load up on TLT after all these high profile interviews talking about shorting/zero exposure to bonds.
  8. https://www.msn.com/en-us/money/markets/goldman-predicts-a-paltry-3-return-for-s-p-over-the-next-decade/ar-AA1sAZ2B Goldman predicts 3% annualized for next decade
  9. Why not run stablecoins on BTC/LN or similar L2 setup?
  10. Shortly after Obama started his term there was a campaign launched by Michelle Obama that was focused on eating healthy and avoiding sugar. It lasted a few days and then there was quickly a pivot towards "Let's Move" which turned into a focus on exercise. I don't think there is any appetite (ha!) to truly address food concerns from any level of regulator.
  11. A lot of the ETH hopium about it becoming the world supercomputer and onboarding huge corporations never made sense to me either. What respectable company is going to give up control of their platform in order to run it on ETH (or Solana or any other similar)? It is a speculative platform for retail to create meme tokens and outright scams. Blockchain Trilemma: Security, Scalability, Decentralization. Pick two. ETH, SOL, and others make sacrifices on all three and don't do any of them particularly well. BTC focuses on Security and Decentralization with the scalability (speed) as a sacrifice for the base layer.
  12. Bingo. Centralization is only ok when it is the government as the central agency controlling money.
  13. What supply are you speaking of that is still frozen due to bankruptcy? I thought MtGox was already in the process of being distributed, if not already done.
  14. Air traffic control is such an incredible mess in the US. I can’t imagine now we’re going to stuff hundreds of eVTOLs into the NYC airspace system so everyone can hop around the city. I just don’t see this as real profitable tech anytime soon.
  15. Bitcoin is a buyer of last resort and no miner can survive paying prices that you and I pay at the wall in our homes. The only miners that survive are those who can get the absolute cheapest energy, and which energy is that? Energy nobody else wants, i.e. it is stranded far from population/grid access or there is a surplus of energy being produced when compared with demand. Now look at AI server farms. Sure, they want low costs to help the bottom line, but when push comes to shove big tech has incredibly deep pockets and will pay whatever it takes for energy to train their models and get a leg up on competition. The AI server farm does not lose viability at $.08/kWh like BTC mining does. AI servers are far more destructive to energy costs vs BTC mining. BTC mining helps stabilize and subsidize the grid when it becomes uneconomic to sell to home users. BTC mining profitability (enter $0.17kWh for average US price): https://minerstat.com/algorithm/sha-256/profitability Average US energy prices: https://www.bls.gov/regions/midwest/data/averageenergyprices_selectedareas_table.htm
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