Tarmac

PhD Physiotherapy, Professional Slam Poet, Market Enthusiast and Free Thinker 🙏

[Tarmac @JasonGeller10]

@SantiagoAuFund It's literally just about enforcing the social contract btwn governments + citizens.

Governments can't leverage a money-printer to fund spending and can't issue infinite debt 🤷.

Tax mechanism will ultimately enforce accountability on governments for their actions.

[Tarmac @JasonGeller10]

@Pentosh1 @Pentosh1 haven't heard you talk on a lot of things in a while.

1.) Equity charts - appear to be rolling over

2.) Interest-rate lag effects

3.) Probabilities of recession and how crypto navigates that

[Tarmac @JasonGeller10]

@Florida_Btc @_Checkmatey_ Lol no. We haven't.

Growth, consumer spending, manufacturing sales and everything the NBER looks at when measuring recession have all been non-recessionary.

The next ~6 months are the danger zone.

🫡

[Tarmac @JasonGeller10]

@_Checkmatey_ I agree with you.

The issue is that *many other people will sell their BTC because of a recession*.

That's how recessions work 🤷. Nothing is immune.

Afterwards, 🖨️💸💸💸

It's just a matter of timelines/timing.

[Tarmac @JasonGeller10]

@LukeGromen @BickerinBrattle @JackFarley96 Well... The obvious answer would be the next generation who is burdened by said debt 🤷.

But this would also be accompanied by pain for them simultaneously.
So... 🤷🫡

[Tarmac @JasonGeller10]

@LukeGromen "Get DXY down"

How? By what mechanism?

FX Swaps?

In the event of this type of a mechanism... What happens to the foreign currencies the US purchases? We simply hold them?

[Tarmac @JasonGeller10]

@Upsndownsbutup @AlgodTrading 🤷 Best of luck dude.

Nothing is recession-proof.

And being a contrarian works sometimes. Not always.

It's why markets bottom after recessions begin with ~100% accuracy.

Again, I'd encourage you to look at the data.

If stocks take out October lows... 🫡.

[Tarmac @JasonGeller10]

@Upsndownsbutup @AlgodTrading Then look at the historical data 🤷.

Nothing is recession-proof.

Look at gold's performance. Look at high-beta tech's performance.

And then good luck 🫡.

Maybe we don't get a recession. Anything can happen.

[Tarmac @JasonGeller10]

@Upsndownsbutup @AlgodTrading Lol I'm sure people said the same thing about stocks before prior recessions 🤣.

Remind me what % of Americans are living paycheck to paycheck?

We live in a debt-based society. Deflation = death.

It's literally the thing that #BTC stands against. The irony isn't lost.

[Tarmac @JasonGeller10]

@Jenny3296602 @tradinglord Change of what?

I'm an advocate of the industry and a crypto bull.

Just not in a recessionary environment 🤣.

Doesn't mean that I don't believe in the future potential + industry 🤷.

[Tarmac @JasonGeller10]

This was excellently done 🙏.

[Rep. Ritchie Torres @RepRitchie]

I cross-examined @SECGov Chair Gary Gensler about the term 'investment contract', which is key to determining his authority over crypto.

Gensler struggled to answer basic questions like whether an investment contract requires a contract. His evasions are deafening and damning.

[Tarmac @JasonGeller10]

@I_took_your_cat @AlgodTrading I won't speak to the stablecoins portion 🤷.

That being said, markets historically bottom subsequent to the onset of recession.

Yield Curve inversion = 100% hit rate for recession.

Breaking the October low in equities + recession would obliterate crypto/BTC.

[Tarmac @JasonGeller10]

@Upsndownsbutup @AlgodTrading Depends what you mean by "forced liquidation".

If people lose their jobs in a recession or there's heavy asset-price declines, people sell what they can 🤷.

People sell when they have to, not when they want to.

A decline in economic conditions would absolutely facilitate that.

[Tarmac @JasonGeller10]

@Turbonizer1 @AlgodTrading That's the same message that @CelsiusNetwork and @Mashinsky peddled before they rugpulled tens of thousands of people and defrauded people out of their retirement funds 🤷.

There is no kumbaya moment with fraudsters and grifters.

[Tarmac @JasonGeller10]

@david_seroy @lylepratt @GeorgeGammon Uuuhhhh...

In a Bitcoin world, you coupd *absolutely* profit by lending #Bitcoin.

You'd just need the productivity of the borrower to outstrip the rise in value of the underlying BTC.

Hyper-competitive for productivity gains 🤷.

[Tarmac @JasonGeller10]

@Jenny3296602 @tradinglord Nope, and I'm excited for all the further innovation that it will bring.

[Tarmac @JasonGeller10]

$BKX at the same level as when SVB declared bankruptcy and breaking a 15 year trend to the downside.

$JNK breaking out of a wedge + losing support to the downside.

$JPY heading towards its worst weekly/monthly close since 1990.

🍿