Cale Granton

DJ 💿

[Cale Granton @calegranton]

https://t.co/SA2h5v0l9E

[Cale Granton @calegranton]

https://t.co/k2KL866z29

[Cale Granton @calegranton]

https://t.co/WNrnYEBSiI

[Cale Granton @calegranton]

And driving in Toronto is like the very first version of GTA

[Cale Granton @calegranton]

Skateboarding in Toronto is like playing expert level/the final boss in Tony Hawk 🛹🎮🏙️ 😅

[Armin van Buuren @arminvanbuuren]

New music has arrived 👊 I teamed up with my friends from Germany Leony & VIZE to bring you ‘City Lights’ 🔥 Hope you enjoy it!

https://t.co/ggP8OJIDRA

[Fred Krueger @dotkrueger]

Episode 31.
The "Krueger" multiplier effect
BTC-USDT as one giant AMM
Hyperbolic supply shock

[Fred Krueger @dotkrueger]

The model: https://t.co/yrNXjwZaZK

[Fred Krueger @dotkrueger]

If we get into this hyperbolic supply shock, things go insane very quickly. Like omega candle quickly @Excellion

[Fred Krueger @dotkrueger]

Bitcoin Price is likely to be much more Hyperbolic than Exponential in a Supply shock.

The reason for this is that the exchanges tend to operate like constant product AMMs. As the supply of Bitcoin gets drained from exchanges, the price tends to infinity as x tends to zero

[Fred Krueger @dotkrueger]

This idea of looking at the 80Billion of BTC and equivalent amount of USDT on exchanges came to me as vision yesterday.

It allowed me to estimate a price of 186K BTC if 1MM BTC was drained over this cycle by IBIT and other ETFs.

But it's also a reality: Bullish, for example has a massive AMM, powered by Block One's 150,000 Bitcoin. Uniswap V3 has a much smaller liquidity on WBTC, but still 20MM

[Fred Krueger @dotkrueger]

Rockefeller demonstrating Standard Oil in 1870.
150 Years later, ETFs are "Standard Financial Products"
This includes Bitcoin.

[Fred Krueger @dotkrueger]

https://t.co/hjO1zVSPzM

[Fred Krueger @dotkrueger]

Very clear diagram of how ETFs are eating the entire financial world.

We're not moving to a "Bitcoin Standard", we're moving to an "ETF Standard". Bitcoin is just there for the ride.

[Fred Krueger @dotkrueger]

This graph does not go down. It's a freight train.

[Fred Krueger @dotkrueger]

One company clearly is leading this race. It's BlackRock by a 3-1 margin.

[Fred Krueger @dotkrueger]

The key word here is STANDARDIZATION.

ETFs bring all financial assets into a single ultra-tax efficient, ultra low-fee standard.

No other form of ownership can complete.

Not mutual funds. Not closed end funds. Not CoinBase (in the case of Bitcoin). Not Hardware Wallets (agin for BTC). Not Perps w/Leverage.

Everything gets standardized. BlackRock is the new Standard Oil. Larry Fink is the new Rockerfeller.

[Fred Krueger @dotkrueger]

With Blackrock, Bitcoin is going past 100K this year.
Don't sell.
For any reason.