For those worrying about 2022 inflation, listen to the first ten minutes of mARKet update. Nancy’s charts suggest that #inflation this year will be much lower than expected.
Happy new year!
Today, a mini-tweetstorm of some of the things I've said and written over the past decade, and what I think about those subjects today.
You don’t own “web3.”
The VCs and their LPs do. It will never escape their incentives. It’s ultimately a centralized entity with a different label.
Know what you’re getting into…
For those who have been unsettled by the volatility of ARK's strategies in recent months, I would like to share this deeper dive into the thoughts we have been sharing regularly. Remember: truth wins out! https://t.co/mBqH0westO
Shrimps have been buying the dip (7d moving average), hints at a v-shaped recovery.
The 2017 top (red) was marked by shrimps selling after the price started crashing.
A perfect storm. Hawkish fed. Omni spiral. Weekend liquidity. Pick your levels to bid and turn off the screens. If you have too much risk, offer above and turn off the screens. Staring at them doesn’t help (I tried that for years😂).
Block is @Square, @CashApp, @spiralbtc, @TIDAL, @TBD54566975, and our foundational teams who support them. We’re here to build simple tools to increase access to the economy.
https://t.co/CkVKxHPkqy
We’re changing our company name so we can give the full @Square brand to our Seller business. So now we need a name to tie @Square, @CashApp, @TIDAL, and @TBD54566975 together into one. That name is “Block.” Why?
Oh! Obviously Square Crypto no longer makes sense, so the team is changing its name to Spiral (@spiralbtc). This rebrand reflects their focus on #bitcoin as it continues to grow like a spiral from a single point, encompassing more and more space until it touches everything.