The world wants me to die.
My incurable disease diagnosis became global news. It was omnipresent on social media and 1,900 articles were written in a matter of days.
Many were saddened.
However, joy dominated the commentary.
People pointed to schadenfreude, the pleasure of another's failure. Yes, there’s that. There is a special place in people’s hearts that loves to see others fail, especially when that person’s presence threatens their own psychological stability in some way or helps them feel better about themselves.
But, if you look over the social media commentary about me, you’ll see that pattern:
“he deserved it.”
I deserved it because I challenged death. The crowd was running a deeply rooted psychological script that represents the oldest, most deeply embedded stories of human culture.
This was the first story ever written down, 4,000 years ago. Gilgamesh sought eternal life after losing someone he loved, only to have the plant of youth stolen by a serpent as he bathed. Leaving him to accept his mortality.
Asclepius became so skilled at rejuvenation that he raised the dead. As punishment, Zeus struck him down with a thunderbolt to enforce life and death authority.
This is the story of Jesus. Pontius Pilate offered a choice between a thief and the immortalist, and the crowd demanded the execution.
People need this story conclusion to keep themselves sane. The challenger must lose and the loss must appear deserved. It’s a shield of self preservation.
For if death is inevitable, their existence and that of their loved ones is justified and unavoidable. If death is not inevitable, nothing about their reality is safe.
I occupy the same philosophical and archetypal position as Gilgamesh, Asclepius and Jesus.
This statement will draw outrage and accusations of blasphemy, hubris and narcissism. Nevertheless, it’s the pattern that has repeated itself for thousands of years.
Death has been the omnipresent concern of the human race. It encapsulates our greatest fears, joy and curiosities. The discourse around it changes over time; however, the fundamentals remain unchanged.
What’s different about this moment, that is unlike any other moment, is that physical death may no longer be inevitable.
What if I didn’t deserve it?
And what if I am your ally, and not a threat?
@PabloGilTrader Es evidente y algo de sentido comun que toda persona con un cargo politico influyente y/o acceso a informacion privilegiada no deberia de poder invertir en bolsa (o cryptomonedas).
@duonine I don't get why people so bullish with the news, it is like running from these centralized entities in fiat and now we celebrate they come to crypto? Weird
@DeFiVoyager_X@saylor People spreading rumors he might have sold way more BTC on this recent dump and now he would have enough cash for years... I hope it is the case but I doubt it.
Only one scenario saves $BTC and $MSTR in the short-term.
Saylor has to come out and say (via Monday's 8K, or next Monday's 8K):
"I sold $4 bn of MSTR and BTC... we now have 2.5 years before we have to raise money again... dividends are covered for 2+ years, debt doesn't mature til sept 2028 (puttable in 2027) and that's easy to refinance via more converts".
If he does that, the market rips, and might even rip 20-30%. It once again makes MSTR uninteresting for years, but that's a good thing. STRC probably goes back close to $100, but he won't be able to sell more. And while capital markets might be closed to MSTR for awhile, it at least buys a ton of time, and in that time who knows what other catalysts might pop up.
He should have done this last week instead of that misguided $2.5mm teaser sale.
If he doesn't, and he continues to just wait it out (only has 5 months), or he sells tiny amounts as he goes (just enough to pay each monthly dividend), this selling won't stop
1/ $HYPE is one of the clearest examples of DeFi competing with centralized exchanges on product and economics, not just ideology
Can an onchain exchange become one of the major venues for global trading?
A thread on @HyperliquidX 🧵
People are overthinking the 32 BTC sale.
“Why sell?”
“Why not just buy less next week?”
“Is this bearish?”
Michael @saylor already explained the logic:
• If Bitcoin can’t be sold, critics say it has no value.
• If it has no value, the balance sheet value is zero.
• If the balance sheet value is zero, credit rating agencies ignore it.
• So you sell a tiny appreciated portion to prove Bitcoin is liquid, valuable, and real.
No matter your thoughts on Hyperliquid, the entire industry should be rooting for $HYPE to decouple from $BTC rn.
For the future of the asset class, it would be much cleaner if we can express bullish views on individual top 50 tokens without needing $BTC to oblige.