#Bitcoin & books. My bitcoin can remain in cold hard storage far longer than the market can remain irrational.

Joined March 2012
Preston Pysh retweeted
@PrestonPysh @LukeGromen you guys crushed it 🔥🔥What a great conversation to learn from. piped.kavin.rocks/eYWVUKrYWs8
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Preston Pysh retweeted
Food for thought. 3m2y just took out the 2/10 curve. 2 observations: - you could still see steepening in the curve - last time 3m2y was at these levels FFR were 100 bp
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Preston Pysh retweeted
BREAKING: Union Bank of the Philippines plans to offer trading and custodial services for #bitcoin 💥
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This is a disaster waiting to happen. Why are they doing this? I suspect because massive amounts of UBI are expected to be paid in the future…but the thought of the government safely securing the biometric data of all citizens is some scary stuff... zerohedge.com/technology/irs…
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Preston Pysh retweeted
You don't want to miss today's episode as @therobertleonar and I are joined by @PrestonPysh! We discussed: - Why Satoshi's disappearance is a strength for Bitcoin - Metrics Preston uses to test his Bitcoin thesis - Potential risks for Bitcoin Link to listen in the next tweet.
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Preston Pysh retweeted
BREAKING – Intel says #Bitcoin mining market could grow by $2.8 BILLION in just 3 years 🙌
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Preston Pysh retweeted
Must listen. @PrestonPysh and @LukeGromen always manage to communicate clearly complex topics.
Be sure to checkout my newest conversation with @LukeGromen. We cover the macro situation for 1Q 2022. Interest rate hikes, reverse repo, China water & energy, and much more. You won’t want to miss it.
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Preston Pysh retweeted
Fact check: Bitcoin consumes a small fraction of 1% of global power today compared to the WEF's 2017 statement that it would consume all of it by now. A lot of these estimates and articles unfortunately come from folks who don't understand how Bitcoin works.
In 2020 Bitcoin will consume more power than the world does today wef.ch/2BsYlOh
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Preston Pysh retweeted
Thanks for having me on @TIP_Network again, @PrestonPysh! Always great catching up.
Be sure to checkout my newest conversation with @LukeGromen. We cover the macro situation for 1Q 2022. Interest rate hikes, reverse repo, China water & energy, and much more. You won’t want to miss it.
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Absolute must listen. I always learn from these gentlemen and the conversation on China water and how it's tied to power for the world's factory was mind blowing.
Be sure to checkout my newest conversation with @LukeGromen. We cover the macro situation for 1Q 2022. Interest rate hikes, reverse repo, China water & energy, and much more. You won’t want to miss it.
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Be sure to checkout my newest conversation with @LukeGromen. We cover the macro situation for 1Q 2022. Interest rate hikes, reverse repo, China water & energy, and much more. You won’t want to miss it.
This week, @PrestonPysh is joined by @LukeGromen, and they talk about all the important macro trends for the 1st Quarter of 2022. Listen here: link.chtbl.com/BTC061 Episode transcripts: bit.ly/3fDLSK1
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Replying to @PrestonPysh @CNN
Let's lower the temperature by covering the thermostat and writing our own number over it
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Preston Pysh retweeted
Up until about six months ago, price did what it usually does at inflection points: it led earnings. Thus, a 65% multiple expansion. Then earnings started catching up and the P/E multiple came back to earth. Now earnings growth is peaking as the liquidity environment is cooling.
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Preston Pysh retweeted
The amount of attention @wef receives is inversely proportional to the org’s usefulness. (it’s useless)
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Preston Pysh retweeted
In 2013, billionaire Charlie Munger called Bitcoin rat poison. #Bitcoin has increased 36,900% since then 🚀
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There was a time when 10,000 #Bitcoin bought 2 pizzas. Now 2 Bitcoin buys roughly 10,000 pizzas.
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Preston Pysh retweeted
Replying to @cwt_news
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Let's put out the fire with more gasoline
Should the government control the price of food and gas? cnn.it/3nABF5H
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