KJB | Slice Analytics

Average Human:
Co-Founder @sliceanalytics

[David @david_eng_mba]

Venezuela Just Proved the Bitcoin Bull Case, And No One Is Paying Attention

Maduro used Tether to move 80% of Venezuela's oil revenue. Billions in sanctions evasion, settled on Tron since 2020.

Then the US made a phone call.

Tether froze the wallets.

Game over.

Everyone's focused on the arrest. The real story is the lesson every finance minister on earth just learned in real time:
Stable coins are a leash, not an escape.

If someone can freeze it, it isn't money. It doesn't solve sovereignty.

First principles:
USDT is dollar plumbing without SWIFT. Faster. Cheaper. Still has a CEO. Still has a compliance department. Still picks up when Washington calls.

This is why USDT adoption exploded, 71-year-old grandmothers in Caracas pay their HOA fees in tether now. But useful ≠ sovereign.

The entire value proposition for sanctions evasion just got publicly falsified.

Now do the game theory:
You're Iran. Russia. Any country hedging against dollar weaponization. You just watched Venezuela's "crypto solution" get shut off like a light switch.

Where do you put reserves now?
USDT? Compromised.
Yuan? Political strings.
Gold? Try settling $500M across borders in 10 minutes.
CBDCs? Same kill switch, government branding.

There's exactly one asset that clears final settlement without asking permission from anyone.

21 million units. No CEO. No freeze function. No phone number.

This is the ad Bitcoin never had to buy.
The most desperate, highest-stakes capital on earth just learned there's only one door.

Price doesn't reflect it yet.
It will.

[Paolo Ardoino 🤖 @paoloardoino]

40% of all blockchain fees are paid to send USDt 🤯
That's across 9 chains: ETH, Tron, TON, Solana, BSC, Avalanche, Arbitrum, Polygon & Optimism.

Hundreds of millions of people in emerging markets use Tether's digital dollar USDt daily, to protect their families from local inflation and devaluation of their national currencies.

Blockchains that will focus on lower gas fees, allowing paying these in USDt will take over the world.

[KJB | Slice Analytics @CmdrKJB]

It is obviously @chamath

[David Hoffman @TrustlessState]

Speculation:

During the presentation, Vlad specifically mentioned having a relationship with a wealthy investor with OpenAI / SpaceX shares.

These shares could likely still be under the original investors name (either an individual, or an entity), which OpenAI has already approved the original sale.

RH and that investor could have a private agreement between eachother that OpenAI wouldnt need to approve.

Still, OpenAI / private company resistance to their shares being traded on accesible venues is a real friction for RH

[Erik Voorhees @ErikVoorhees]

Even after a landslide election

Even after widespread public and politician support

Even after Elon

Federal Government spending cannot be cut by $1

Up only.

Sovereign bond market collapse and hyperinflation will be the end state... with any luck, the end of state.

[KJB | Slice Analytics @CmdrKJB]

@PeterMcCormack is this the cheat code 🤔

[The Bitcoin Historian @pete_rizzo_]

JUST IN: $200 MILLION PUBLICLY TRADED WHISKEY MAKER HERITAGE TO ACCEPT #BITCOIN PAYMENT AND KEEP PROFITS IN TREASURY

CORPORATIONS ARE BUYING BY ANY MEANS NECESSARY 🚀

[Jason Fang @JasonSoraVC]

Excited to announce that Sora will be going public on NASDAQ and rebranding to @asia_strategy (NASDAQ:TOPW). We will focus on building the MicroStrategy of Asia using this entity moving forward, and will build a bitcoin treasury alongside all the entities we’ve built in Asia.

[KJB | Slice Analytics @CmdrKJB]

It is a great response from @coinbase.

A lot of people will blame @coinbase but I am sure they would not even ask for that information if the government didn't require it.

Blame is primarily on dumb KYC/AML rules that hurt law abiding citizens

[KJB | Slice Analytics @CmdrKJB]

The Bullish View.

BTC is the global reserve assest while simultaneously providing a grant to successful quantum computing research.

UP ONLY

[RYAN SΞAN ADAMS @RyanSAdams]

This either triggers a trillion dollar global treasure hunt for the 2-6m bitcoin at risk or bitcoin breaks immutable property rights to do something with the coins.

[KJB | Slice Analytics @CmdrKJB]

ETH would be ripping if it stayed PoW.

The ETH + AI GPU overlap narrative would be going bananas.

[Beanie @beaniemaxi]

The fact that Ethereum got baited into moving from PoW (major competitive advantage) to PoS (no barriers to entry) because of environmental fud, is the primary reason that ETH is down 80% vs. Bitcoin since “The Merge”.

[Ray Dalio @RayDalio]

I was pleased and not surprised that the U.S. and China will be having “tariff negotiations.” These will be negotiations on much more than trade that can lead to a necessary rebalancing between the countries. If you’re interested, below are my thoughts on the problems a rebalancing needs to solve. As always, I welcome your comments and suggestions.

https://t.co/cKYDNEKR4t

[KJB | Slice Analytics @CmdrKJB]

Wait, it wasn't ultra sound?

[KJB | Slice Analytics @CmdrKJB]

Wait, infinite blockspace on l2s lowers fees?

[KJB | Slice Analytics @CmdrKJB]

Wait, infinite blockspace on l2s lowers fees?

[Alex Svanevik 🐧 @ASvanevik]

woah looks like @BNBCHAIN flipped Ethereum on total gas fees last 7 days 👀

AFAIK that's never happened before.

[KJB | Slice Analytics @CmdrKJB]

Memecoins are the malicious activity.

The only reason for their existence is to dump them.

[OSF @osf_rekt]

@mert IMO it’s less about a chain war, more about people turning a blind eye to malicious activity when it could potentially be prevented.

[KJB | Slice Analytics @CmdrKJB]

Peak Pain is not governments dumping on us.

Peak Pain will be governments dumping fiat to buy back in.

[KJB | Slice Analytics @CmdrKJB]

I love the free market aspect of crytpo.

Better products == UPONLY

[0xngmi @0xngmi]

hyperliquid went from 27% dominance of the dex perps market to 37% now in just the last 4 days

dominance chart since mid 2023, blue is dydx, hyperliquid is purple

[KJB | Slice Analytics @CmdrKJB]

Airdrops are now clearly just worse ICOs

[Genki Sudo @genki_sudo132]

Accidentally found this channel on youtube: https://t.co/f7nDSeKEg6
13 subscribers

Looks like the most undervalued onchain data yt channel

[KJB | Slice Analytics @CmdrKJB]

Peak Pain is not governments dumping on us.

Peak Pain will be governments dumping fiat to buy back in.

[KJB | Slice Analytics @CmdrKJB]

Wow BLAST one upping LayerZero with a revolutionary Proof-of-Lecture Claim.