JP Finney

Exploring BTC, digital asset treasuries & portfolio strategy. Following incentives. Testing conviction. Sharing my research.

[JP Finney @almadelcapital]

@theproof @SBakerMD @NutritionMadeS3 Thank you for responding, Simon.

[JP Finney @almadelcapital]

@dotkrueger So digital credit indirectly helps drive BTC price up over time.

[JP Finney @almadelcapital]

@dotkrueger Digital credit provides BTCTC a pool of capital to tap into that would otherwise not touch BTC/BTC ETFs with a 10ft pole.

The masses desire for a relatively stable high yielding product gives treasury companies more $$$ to buy more BTC.

[JP Finney @almadelcapital]

@matteopelleg Plasma/blood/fecal matter donor

[JP Finney @almadelcapital]

@Rajatsoni We live in a high time preference society.
But there are somethings you can’t ’Amazon prime’ such as a good physique.

[JP Finney @almadelcapital]

A 20% margin used to be elite. Now the biggest winners print cash while leverage and idle capital both sit at extremes.

Cash on the sidelines + record margin debt + historic margins.
What could go wrong?

[JP Finney @almadelcapital]

🩸 RECORD CASH. RECORD LEVERAGE. HISTORIC MARGINS. WHAT BREAKS FIRST?

$7.9T sits in money market funds (ICI).
$1.5T is on margin, near ATHs (FINRA).

Meanwhile:
$PLTR net margin ~50%
$MSFT >40%
$NVDA 63%

[JP Finney @almadelcapital]

@MurrayHillGuy1 Or the 5'8 guy can get limb lengthening and wear lifts...🤷‍♂️

[JP Finney @almadelcapital]

@mattkratter Thank you for responding, Matthew.

[JP Finney @almadelcapital]

@mattkratter What’s your financial opinion of shorting
$STRC

now? Seems like an almost guaranteed ~59% gain from today’s price given your thesis of it trading at $40 in perpetuity.

[JP Finney @almadelcapital]

@BTC_broo @phongle BTC solves all those problems

[JP Finney @almadelcapital]

@AsyncN8 @YoungBTCato Bitcoin enables peer-to-peer electronic cash without trusted intermediaries, using distributed verification, cryptographic signatures, and proof of work to authorize spending and make transaction history costly to rewrite.

[JP Finney @almadelcapital]

@bobjr696969 @Joseph_Invests It’s an indication of what they are open to and a reflection of their mindset. Most companies with their level of notoriety and size don’t go anywhere near BTC or seem to understand how important it can be to a company’s success.

[JP Finney @almadelcapital]

@NutritionMadeS3 @FadeTheXX Really? How do you explain @SBakerMD @KayBwt @anthony_chaffee and many others who have been on alleged ‘magic diet’ with no significant health problems and do not take any lipid lowering drugs?
They aren’t exceptions or noise rather a strong signal imo, I wish you would address.

[JP Finney @almadelcapital]

@Delander555 @NutritionMadeS3 Did I not mention evolutionary biology and geographic context? MR is an associative observational study that ignores pleiotropy and no true random assignment or identical comparators. Please provide hard outcome experimental data in humans.

[JP Finney @almadelcapital]

@AsyncN8 @YoungBTCato I’m not against P2P transactions or self-custody. I’m against making unsubstantiated claims about what the “founding principles” of bitcoin are. Shaming people for not sharing the same ideology as you is also unwarranted.

[JP Finney @almadelcapital]

@Joseph_Invests Trad valuation metrics make HOOD look unsexy. Long term I would prefer holding a company like HOOD over SOFI due to BTC holdings + more diversified income stream + broader geographic presence that innovate and solve acute customer pains faster and than incumbents can replicate.

[JP Finney @almadelcapital]

@MrNeverSell Circuit breakers make a 1987-style single-day ~22% crash very difficult or effectively impossible under current rules.