TX

Freedom above all.

[TX @TXMoon5]

@Vivek4real_ Someone still listens to her?

[Sowell Economics @sowelleconomics]

Ayn Rand: "You would be attacked by people for your success. The most immoral thing on earth, to attack a man not for his flaws, but for his virtues. To make a success of yourself in any line of rational activity is a great virtue."

[TX @TXMoon5]

@elonmusk Hence why monopoly on money issuance + poor allocation = disaster

[TX @TXMoon5]

@JM_speakss Yes, when a million buys you a Toyota

[TX @TXMoon5]

@Crowded_Mkt_Rpt @Oculustrade Musk is predicting double digit GDP growth over next 10 yrs with robotics + ai. Plausible? Yes.

If true, equities may indeed 10x in 10-20 yrs. Ain't seen nothing yet

[TX @TXMoon5]

@Oculustrade Musk is predicting double digit GDP growth over next 10 yrs with robotics + ai. If true, equities may indeed 10x in 10-20 yrs. Ain't seen nothing yet

[TX @TXMoon5]

@optionscjp To get the stops filled without gapping overnight

[TX @TXMoon5]

@CollinRugg Tell me you got boosters without telling me you're boosted

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@Vivek4real_ Wants a lower average entry obviously

[TX @TXMoon5]

@TicTocTick Attack already happened. Buying the news

[TX @TXMoon5]

@therollupco Who is this kid? No one cares

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@basedlayer Difficulty precedes price

[TX @TXMoon5]

@JimChuong He started day trading around 2007. <20 yrs trading

[Knut Svanholm ∞/21M @knutsvanholm]

Most people understand the absurdity of an Unrealized Capital Gains Tax.

All too few understand the absurdity of a Realized Capital Gains Tax.

[TX @TXMoon5]

@CalebFranzen @saylor add COINBASE commission 🤣

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@maxkeiser Range expansion good

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@alistairmilne Mtgox claims distributed?

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@maxkeiser

[Bob Kendall (The Kendall Report) @PortfolioXpert]

So here’s the issue you get influencers like this guy have a quarter million followers and they claim they don’t know why it is declining… it’s because they don’t understand basic mechanics of price discovery.

They don’t understand that the marginal buyers or the float determines price they think the onchain bitcoin is that is the price discovery

Well, it was once upon a time but now..

Once you can synthetically manufacture the supply, the asset is no longer scarce and once scarcity is gone, price becomes a derivatives game, not a supply-and-demand market.

This is exactly what has happened to Bitcoin.

This is the same structural break that occurred in gold, silver, oil, and eventually equities once they became derivatives-dominated.

The original premise that no longer exists

Bitcoin’s entire valuation logic was built on finite supply (21M) and inability to be rehypothecated.

That died the moment:
•Cash-settled futures
•Perpetual swaps
•Options
•ETFs
•Prime broker lending
•Wrapped BTC
•Total return swaps

were layered on top of the chain.

From that moment forward:

Bitcoin supply became theoretically infinite.

Not on-chain in price discovery.

The metric that explains the collapse

Synthetic Float Ratio (SFR)

Once you can synthetically manufacture the supply, the asset is no longer scarce — and once scarcity is gone, price becomes a derivatives game, not a supply-and-demand market.

That is exactly what has happened to Bitcoin.

This is the same structural break that occurred in gold, silver, oil, and eventually equities once they became derivatives-dominated.

Why Wall Street can now “trade against” Bitcoin

They do exactly what they’ve done in every commodity market:
1.Create unlimited paper BTC
2.Short into rallies
3.Force liquidations
4.Cover lower
5.Repeat

They are not “betting” — they are manufacturing inventory.

The same 1 BTC can now support:
•An ETF unit
•A futures contract
•A perpetual swap
•An options delta
•A broker loan
•A structured note

All at once.

That is six claims on one coin.

That is not a market.
That is a fractional reserve price system.

[TX @TXMoon5]

@BitPaine The action's at ETFs & futures

[TX @TXMoon5]

@barneyxbt Along with Pfizer