John Gillen - WartimeEthereum.eth

ex BlackRock VP | Host of @MilkRoadMacro Podcast | General Partner - TRU Capital Fund

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

My response to @TrustlessState

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

https://t.co/CDIQILH5S3

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

@adampsnyder 😂 🙏

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

It's not about money...

WartimeEthereum.eth

ethereum:native

Believe in somETHing

[The Defiant @DefiantNews]

Is "ETH is money" dead??

@TrustlessState sold all his $ETH bc he believes the thesis is played out.
@BitcoinJesusETH's 'Wartime Ethereum' essay was one of the most shared responses.

🚨 Join us as they discuss LIVE
June 4, 11:30AM EST
Hosted by @camirusso https://t.co/r5fYUyaeof

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

@DefiantNews @TrustlessState @CamiRusso Thanks for inviting me! Looking forward to the conversation.

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

@chevycassar @DefiantNews @TrustlessState @CamiRusso 🙏 🥛

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

@CryptoWendyO Based

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

@AndreasSteno 😂

[The Wolf Of All Streets @scottmelker]

Bessent is a savage

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

@walck_bruce 💯

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

Back in my day we believed in somETHing

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

@614D05 @BitMNR @Sharplink @Etherealize_io @TrustlessState 🔥🔥

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

The easiest way to do this is to have @BitMNR @Sharplink and others contribute staking yield to supercharge @Etherealize_io and have @TrustlessState lead the effort to push the ball up the hill

I'll work for free as long as David agrees to be paid in $ETH

[Dankrad Feist @dankrad]

The way to save Ethereum: The community needs to create an organization that's economically aligned with Ethereum and accountable to it.

The EF now holds less than 0.1% of all ETH. There is no flow of Ethereum staking or fee revenues to it.

If we want to get Ethereum back to winning:
- create an organisation with credible funding, minimum $1b as a start. That's very reasonable for an ecosystem with $250b market cap
- find a leader who is competent and wants to fight
- make it accountable: a board of people who want ETH to go up, and a charter that holds the org accountable to it
- fund it permanently: A significant amount of staking revenue needs to go to it. A governance mechanism that can adjust it (also part of accountability).

Very hard to imagine now, but I think this is the only way (and it will probably happen, but it might take a long time before it is consensus).

[Wendy O @CryptoWendyO]

This is the most BULLISH thing I have heard all bear market and it’s coming straight from the head of the SEC

You are not bullish enough.

[Milk Road @MilkRoad]

John Gillen: "This might be the best entry price on $BTC you get for a multi-year time horizon."

"This might be one of the last best times to accumulate Bitcoin is wherever this dip kind of settles to..."

Every macro headline is pulling eyeballs away from crypto right now.

That's exactly when the opportunity shows up.

FT @BitcoinJesusETH @LGDoucet.

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

@CalebFranzen Good afternoon

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

@Dreamstateawake

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

The emperor has no clothes

HODL

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

The Bitcoin thesis for me has always been that the emperor has no clothes.

They come out in suits and stand in front of flags and they tell you whatever they need to say so you'll let them keep running the world.

But the truth is that the entire system is a tangle of lies called the dollar.

They said they were going to raise rates and tighten liquidity. They brought M2 down.

The bet I made was that, sooner or later, something was going to break and they'd be forced to print.

Because the emperor has no clothes.

Since the Fed pivoted, the entire market has been holding its breath trying to keep a bull run going without letting anything breakdown.

But sooner or later, something is going to break because the emperor has no clothes.

Eventually, they have no choice but total collapse or issue more debt.

And my friends, it has taken longer than I expected, but things are starting to break down.

The system is addicted to infinite debt.

The emperor has no clothes.

They will break. They will print. You cannot taper a ponzi.

This is a war of attrition between reality and the infinite lie of the fiat system.

I can hold Bitcoin longer than they can remain solvent.

I can sit here and stare in silence while they try to convince me that I should be afraid about nominal returns.

I can hodl and stare like an inert monk while they fud the whole world into panic selling.

And I can buy the fear and keep buying all the way down.

Because my eyes see the truth.

The emperor has no clothes.

There is no top in Bitcoin because there is no bottom in fiat.

The emperor
Has no
Clothes

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

@PetriCapital Based

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

@Ethereumkinda @BitMNR @Sharplink @Etherealize_io @TrustlessState Hahaha
Rough take but ty haha

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

@ROIOracle @BitMNR @Sharplink @Etherealize_io @TrustlessState @fundstrat Correct 💯

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

@drjasper_eth @BitMNR @Sharplink @Etherealize_io @TrustlessState 💯💯

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

@leolanza @MilkRoad 😂

I talk fast and have a lot of thoughts. I make mistakes now and then haha

Thanks!

[John Gillen - WartimeEthereum.eth @BitcoinJesusETH]

@leolanza @MilkRoad Correct! Good point.

Still going to be a lot of capital chasing these and it's going to make big impacts as it's added to major indices