Fly

So if everything is held on internal private blockchains will there be any investable angle for us besides these JPMs of the world? As far as I know JPM basically did a cut/paste of the Ethereum blockchain and internalized it so it is closed to the public and they have all of the validators.

I thought this was good

As someone who has played in the crypto sandbox for several cycles now, tokenized assets have always been some pie in the sky snake oil idea that never makes sense. Promoters make the case that tokenized stocks allow 24/7 trading, which is true, but we dont need tokenization on a blockchain for that to happen. Additionally, the last time I looked into these more recent tokenized stock platforms you can't really self custody the stocks, and if you do then you address has to be whitelisted and transfers back into the platform can only come from that address as well. So no way to really do anything outside the initial platform with the tokenized stock (except lose the keys to your wallet). In a world where tokenized stocks really could exist in a way where self custody is allowed then sure you could send your AAPL stock to a buddy in China who then trades it to another friend in Russia who happens to be on an OFAC sanction list and eventually makes it's way back into a US account. Try selling that on a regulated exchange and watch the alarm bells go off. Short story long, I don't think tokenization makes any sense because there are real world rules that apply to these assets. Perps are a different beast though, and I could see that having real demand. Settled with stablecoins or BTC most likely. I haven't followed them that closely but know hyperliquid has been getting a lot of attention EDIT: https://www.tzero.com These guys have been trying for years to get the tokenized asset theme into mainstream, but the platform has almost no volume. Just another data point to watch

Apparently the answer is NO I've never seen or heard of a more controversial asset in history.

Mandatory meme

I'd be curious what @gfp thinks but gaps on daily candles seem more normal than weekly ones. Weekly gaps seem to get filled at a higher rate by my unscientific observations

It will take a societal level change in order for BTC to become the standard global currency. Someday those "average people" will face differences that aren't widespread today. Will this happen? Truly, I hope not. But I do hold BTC as a hedge against that future tail risk.

Counter drone technology is way behind and needs to catch up.

Ukrainian defense companies will be great buys when they start to go public.

This seems to be the future. How often are we faced with kinetic warfare against large targets like battleships? Short of direct war with China I can't see the need. I saw a news story detailing how a cheap crappy drone carried a grenade right over a Russian tank, dropped it down the hatch inside and "disabled" the vehicle. All at a tiny fraction of the cost compared to more traditional options.

I'd love to just be in the room seeing the think tank game out the scenario. Pretty wild stuff

That seems like a realistic concern. How long until the state of California for example declares some sort of water emergency and invalidates the rights held by these companies.

How's Ethereum Classic working out for him? It isn't about the tech, the team, the white paper, the partnerships, etc etc. It is the network. Largest and most robust proof of work network wins. Call it Boomercoin, call it old tech, call it whatever you want.

https://bitcoinmagazine.com/news/anonymous-plaintiff-seeks-legal-bitcoin

We're in a clown world. I feel like the same thing could be said for the oil market.

This one hits a home run (couldn't resist with the Hank Aaron avatar). The private markets are where the real growth happens now, and it must be monetized in order for the cycle to continue. If/when these 3 IPO and dump on retail it will signal a top in my mind.

Yes, I would argue the reason for these transactions was because they were centralized and controlled by influential businessmen/politicians. That serves as the reason for the transaction and if BNB/TRX/WLFI didn't exist then I doubt the same transaction volumes would have been done on BTC. Like you mentioned... Iran could have flowed BTC through Nobitex but that wouldn't have benefitted CZ, Justin Sun, Trump, etc. Crypto is an blatant grift.

Ctrl+F "bitcoin" ... Not Found This is the inherent problem with "crypto." It skews towards centralization whether it is players like WLFI, BNB chain, Tron, Centralized Nobitex exchange, etc. The centralization introduces more human factors which always lead to corruption.

Sounds like a Big Short moment. Who are the most overextended names? Oracle? BE? MSFT?

The Flynn effect peaked in the 1980s, it's all downhill now.

Might want to check KDEF holdings and start there for some non-semi plays

Congrats @Saluki!

This ship should change its name to LEEROYYY JENKINSSSS

I say let them dump the million BTC onto the market. Short term pain, long term gain.

Honestly, these are great and I hope to see expansion. Going through a TSA checkpoint at a small town is almost like a private security lane. The bus isn't leaving without you, since everyone standing in the TSA line is there for the obvious reason of getting on the bus. Avoids the hassle of driving to the bigger city, avoids the hassle of long TSA wait times in the hub, cheaper parking, etc etc. But yes... the "upgrade" to first class on the bus is laughable.