Bits Palne⚡️

GP / Executive Chairman @ Vibes Capital Management. 🇺🇸

[Chamath Palihapitiya @chamath]

What is happening to the Blue Wave? Will it turn out, instead, to be a Blue Spritz? What if it’s not Blue at all?

Maybe Independents and many Democrats are recoiling in realtime at the socialism, doomerism and radicalism agenda.

Next few weeks will be really telling.

[RightWI @RightWI1776]

The hedging continues.

Everyone can clearly see the early vote data. Dems are behind in the early vote relative to 2022 and 2024 outside of a few exceptions like Virginia (where all the laid off gov workers live).

Rather than admit this, the media says "Democrats rethink their mail-voting strategy as voters grow wary", to avoid discouraging their Dem base.

If this was truly a D+10 national environment, that would be reflected in the early vote data. Its not, so Dems continue to hedge by saying "wErE voTinG oN election DaY".

[Film Crave @_filmcrave]

Dakota Johnson stuns in new photos for the Saturday Night Live! 📷

[Jake Kozloski @jakozloski]

The best part of being married is getting to say "let me check with my wife" about something you personally have absolutely no intention of doing.

[Kangmin Lee | 이강민 @kangminlee]

Women are so insane today even mainstream media is saying to stop

[USA TODAY @USATODAY]

Opinion: Young women must take responsibility for their actions. Regretting one’s bad decisions is a far cry from rape. https://t.co/hBfhdsxtKn

[Acyn @Acyn]

Ramaswamy: I’m going to pick you up. *almost drops kid*

[Fugitive Caesar @ThomBrady5]

Boomers essentially stole 10-20 years from the life of every young American. That's their crime. Compound interest. Capital accumulation. Opportunity cost. Capitalized value. It's never coming back.

[s- @cepsizcorap]

su olay hala bana asiri sacma geliyor yani bi kagit nasil 7 den fazla katlanamaz ama oyle garip

[Matt Cole @ColeMacro]

IMPORTANT POST

Our industry became too focused on protecting downside risk and inadequately focused on maximizing Total Returns to the upside.

In my view, the entire purpose of our structured finance business model must be to maximize Total Returns for common equity shareholders. Our industry needs more amplification. Even at Strive, where we have the highest Amplification Ratio among Digital Credit issuers, when I look at the risk embedded in our capital structure relative to our amplification, I believe we have room to take it up another notch or two.

Building a rocket ship is extraordinarily difficult and requires underwriting and taking real risk. The mission requires not blowing up, but you need an engine powerful enough to reach the moon. Based on Amplification Ratio alone, I view the risk of true issuer failure from over-amplification as very low across our industry today. Amplification Ratio obviously cannot capture every risk, including debt terms, covenants, maturity walls, liquidity constraints, and other structural risks. But controlling for those risks should give issuers significant confidence to take amplification materially higher. That is exactly what we have done at Strive, and I hope others increasingly copy it.

I’ve written extensively about why Amplification Ratio will be the single most important driver of outright and relative Total Returns in a Bitcoin bull market. However, I believe incentives naturally push toward under-amplification, modest Bitcoin outperformance, and the safest possible path. My goal with this post is to light a fire and push our industry to think bigger, focus more aggressively on growth and Total Returns, and push the frontier of what our business models can achieve.

We have a shared mission across the industry to grow Digital Credit from a nascent asset class into a massive global capital market. That requires trusted issuers, deep liquidity, disciplined execution, and investor confidence. That is where we all should work together, but make no mistake about what will crown the fastest horse in a Bitcoin bull market: the engine.

Our mandate at Strive is to build the thing we actually want to own and recruit and retain exceptionally talented people who desire that risk and return opportunity and understand the business model that needs to be built. That mindset drove our execution in building a high Amplification Ratio, helped create strong liquidity, and is also why we are not satisfied with where we are. With Bitcoin under $100,000, our desire is to take Amplification Ratio higher from here.

If the Bitcoin bull thesis is right, amplification will be the most important thing. If the Bitcoin thesis is wrong, a few hundred basis points of cost of capital won’t be the difference between success and failure. The model itself will have failed.

I love capitalism. I love competition. I want more competition for the fastest horse. The next 10–15 years will be the Digital Gold Rush for Bitcoin.

Let’s act like it.

[Matt Cole @ColeMacro]

From March ‘23 to the top, $MSTR did a 20X in Total Return while Bitcoin was a 5X.

A 5X for $BTC from current levels would put it at $424K, which is just below our 50% CAGR base case through 2030.

History doesn’t repeat, but it often rhymes & you likely aren’t bullish enough.

[Linda @t7_linda]

I think that the Cornell university fraternity president disinviting Lucy from the Halloween party triggered this series of events.
Prior to that she felt both taken advantage of and responsible/embarrassed
Both true.
Being disinvited put a scarlet letter on her ie: this isn’t a mistake you should all wear - you’re just a slut who shouldn’t come around
I honestly think if they’d let her go to that party and been welcoming and showed her support she would have moved on
What she couldn’t do was allow herself to be branded as the gang bang slut barred from the frat house
Huge mistake

[Mostly Peaceful Memes @MostlyPeaceful]

Going back to the casino to demand my money back because I was drunk and couldn’t consent to playing black jack.

[twicrates 5’8.375 @twicrates]

guy: “just to be clear, you are consenting to this sexual activity?”

foid:

[MrShortStacks @MrShortStacks]

@BitPaine Signs of a healthy male are waking up with a morning dividend

[Anatoly Karlin 🧲💯 @akarlin]

Looks like the US basically won its war with Iran??

No terminal oil price spike to date. 🛢️
Total flows now at prewar levels (minus Iran). It just skirts Hormuz now.

And Iran's economy is in a tailspin.

> Do nothing
> Win

Iran fired its Hormuz gun and it was a water squirt.

[Gene Parmesan @dsonoiki]

what do you mean I can’t come to the Halloween party???

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The US economy adds +29,000 jobs in September, well below expectations of +89,000.

The unemployment rate rose to 4.2%, above expectations of 4.1%.

August's job number was also revised down by -29,000 jobs.

This marks the third weakest jobs report of 2026.

[AF Post @AFpost]

Lucy Craig has been named as Jane Doe in the “Cornell 7” fraternity rape case.

Follow: @AFpost

[Michael Saylor @saylor]

Still living comfortably. $STRC