Matt (α)

Listener | Macro I Stocks | BTC | Health

[Special Situations 🌐 Research Newsletter (Jay) @SpecialSitsNews]

Actually not funny

[Matt (α) @RoyalInvesT24]

@BTCBreadMan “Regardless whether it’s a good deal or not” lol

[Matt (α) @RoyalInvesT24]

@RealSkipBayless You should meet Cramer.

[Matt (α) @RoyalInvesT24]

@BitStrategy21 @saylor Saylor dug his own grave by hammering “never sell Bitcoin” for years. Now he’s playing word games: “I meant you should never sell…not that the company couldn’t.”
Common holders will continue to underperform.

[The Kobeissi Letter @KobeissiLetter]

The AI buildout is fueling record Big Tech borrowing:

Alphabet $GOOGL, Amazon $AMZN, Meta $META, Microsoft $MSFT, and Oracle $ORCL have issued a record $159 billion in corporate bonds in 2026.

This already surpasses the full-year 2025 total by +47% or +$51 billion.

To put this into perspective, between 2020 and 2024, these companies issued a total of ~$150 billion in debt.

Oracle alone has issued $43 billion since September 2025.

Meanwhile, AI-related global debt issuance is expected to more than double to a record ~$570 billion in 2026, according to Morgan Stanley.

AI is reshaping global credit markets.

[Matt (α) @RoyalInvesT24]

@GaryCardone @dotkrueger Gary,
Fred cares most about his follower count, even at his age. But no doubt you’ll win the bet

[Matt (α) @RoyalInvesT24]

@BCalicoreDFS @DaddyRist @LynAldenContact How does it work with art or sports teams? % of ownership and price are unrelated

[Special Situations 🌐 Research Newsletter (Jay) @SpecialSitsNews]

If global governments spent as much time trying to actually fix our problems rather than scheming to steal all our money through corruption and taxation, the world would be a much better place!

[Murray Rothbard @MurraySuggests]

The Iranian navy, which has been destroyed eight times, has apparently closed the Strait of Hormuz again, because the United States, for the seventh time, won the war that wasn’t a war, so now the United States has to open the Strait of Hormuz that was already open before the not-war began.

The not-war began because Iran had uranium that was totally, completely, beautifully obliterated, so they can’t build the nuclear bomb they weren’t building, which is why the United States had to start the not-war it definitely didn’t start.

Now the United States, which has nuclear weapons, is threatening to use nuclear weapons to stop Iran from getting nuclear weapons, because nuclear weapons are far too dangerous for countries with nuclear weapons to allow other countries to have.

If the United States saw the United States doing what the United States does in other countries, the United States would invade the United States to liberate the United States from the tyranny of the United States.

[Matt (α) @RoyalInvesT24]

@PiusSprenger @crypt0e No. Neither does the prospectus.

[Special Situations 🌐 Research Newsletter (Jay) @SpecialSitsNews]

The best politicians are the ones who don't want to be politicians and don't crave absolute power...

The Founding Fathers did politics as a civic responsibility to preserve their freedoms (part time)

They did not envision or desire "career politicians," instead treating government service as a temporary sacrifice, not as a way to enrich themselves.

How can we go back to that?

[Matt (α) @RoyalInvesT24]

@A5T3R0lD @kaitduffy Because a lot of people reach 50 or 60, realize how lonely life can be without a family, and regret not prioritizing it sooner.

That’s not a narrative.

[Matt (α) @RoyalInvesT24]

@benjamincowen The moment everyone believes in the 4-year cycle… that’s exactly when it breaks.

@benjamincowen

[Matt (α) @RoyalInvesT24]

@PolarityRadio Unrelated to Saylor.
4yr cycle.

[XY @xydotdot]

BTC is dead to me.

For the first time since 2014, when my usual “should I buy BTC?” friends came for their scheduled emotional support hotline, I told them no.

I am confident there is no longer a trade in BTC because the original trade is gone.

BTC was the first memecoin.

Do not waste time @'ing me, to me it is obvious.

As you all know, every great memecoin needs a narrative powerful enough to make people believe they are doing something more meaningful than buying an asset from someone else. BTC had the best narrative of all time.

Rebellion against inflation, fiat, banks, central banks, and the establishment.

That was the narrative. But what mattered more was the raw engine underneath it: ESCAPE.

BTC gave ordinary people the first internet native asset that could plausibly let them escape the rat race without needing access to the incumbent class. Before BTC, immense wealth creation was mostly gated by proximity. You needed access to early equity, private deals, high finance, institutional networks, valuable real estate, or some other lane controlled by people already inside the system (Boomers). BTC changed that because anyone online could buy the asset before the ruling class.

That was BTC’s trade and its monopoly.

It gave ordinary people a way to escape the rat race by opting out of a system that had kept access, upside, and wealth creation mostly in the hands of the incumbent class.

The rebellion was the story -> The escape was the trade -> The monopoly was being the only asset online that could credibly offer both.

That monopoly no longer exists.

The irony is that BTC created the blueprint for the world that made BTC less important. It taught the internet that an asset did not need traditional fundamentals if it had belief, liquidity, attention, narrative, and enough people willing to treat the trade as a way out.

Financial nihilism + magic internet money.

That is the blueprint BTC gave the world. Forget fundamentals. Trade the narrative. Coordinate online. Let the greater fool mechanism create wealth for the people who arrived early enough.

Think about it......Since BTC, every market has been hyper gamblified. Stocks trade like memes. Coins trade like memes. AI tokens trade like memes. Prediction markets trade like memes. Anything that lives on the internet can become a trade, a belief system, and a possible escape hatch from the rat race.

BTC was powerful when it was the only internet asset that gave outsiders a credible way to get rich before the establishment arrived. Now the internet creates that setup constantly.

BTC also lost the rebellion narrative. Institutional adoption killed that part of the story. The asset that started as a way to opt out of the system is now owned through ETFs, marketed by asset managers, held by corporate treasuries, and represented culturally by Saylor running a balance sheet strategy.

BTC lost the 2 things that made it matter.

It lost the rebellion because the establishment absorbed it.

It lost the escape monopoly because every internet asset now competes to become the next rat race exit.

The store of value story was always secondary. The inflation hedge story was always secondary. The hard money story was always secondary. The main function was escape.

BTC was the first trade that made outsiders believe they could beat the system from outside the system.

Now that function lives everywhere.

To all the BTC maxis, with love.

-XY

[Matt (α) @RoyalInvesT24]

@TimKotzman @BitcoinWhitcomb @MasonFoard @elonmusk You really think that’s why Elon sold? To test “market liquidity”? lol

[Kantro @MichaelKantro]

Maybe bitcoin is exactly where it should be, moving along with sentiment measures like the S&P 500 P/E. If you don't have earnings (which is pushing the equity markets higher), you just trade on perception (i.e, risk penchant).

S&P 500 P/E vs Bitcoin

[Matt (α) @RoyalInvesT24]

@benjamincowen @Jamieminer @junglegurlx @mikealfred Ben is the most rational, truthful, and humble analyst on X. I’ve been following him since 2017, and his insights are still unmatched - far beyond anything else I’ve seen on the internet.

[Matt (α) @RoyalInvesT24]

@alojoh Nonstop self-promotion is very unbecoming. The lack of self-awareness is surprising. Either that, or you need subscribers just like everyone else selling something on this platform.