@pete_rizzo_ Ryan Kavanaugh, who financed The Social Network and produced The Matrix, is backing this project. Doug Liman (The Bourne Identity, Mr. & Mrs. Smith) is directing. Should be an interesting watch.
Fiat is so fragile and manipulated that some old dude can mutter 15 words and markets around the world whip-saw to the tune of trillions of dollars in a matter of minutes.
Humans have built their entire exchange of energy between each other on this scheme of a system. Decades later we will truly laughing at how primitive it all was.
Because fiat supply is structurally infinite, Bitcoin flows are never truly constrained. Fiat is — by design — infinitely printable (via deficits, QE, credit creation). As long as money supply keeps expanding, there’s always new capital to allocate. With only 21M BTC, even a tiny slice of infinite fiat flows creates constant structural demand.
It’s now been more than a week since Harvard disclosed owning $116 million in BTC. This was an important story in the financial markets, and many mainstream readers would also be interested. Unless I’ve missed something, no major financial or general interest publication has covered it (Yahoo finance and niche outlets don’t count as major). Harvard’s own newspaper did cover it.
This is probably the strangest case of non-reporting I’ve ever seen in the financial markets. Why the news blackout? It’s 2025; “the media hates Bitcoin” isn’t really a factor now compared to the past. Did someone want this story buried?
Bitcoin’s 200-day moving average has crossed above $100,000 for the first time ever.
Each milestone before ($100, $1K, $10K) marked the start of a new era for Bitcoin.
History suggests this run is just getting started.