John Galt

The Question Isn’t Who Is Going to Let Me, It’s Who Is Going to Stop Me

[John Galt @harperto]

“We do not hold the belief that this earth is a realm of misery where man is doomed to destruction. We do not think that tragedy is our natural fate and we do not live in chronic dread of disaster. We do not expect disaster until we have specific reason to expect it - and when we encounter it, we are free and capable to fight it. It is happiness not suffering that we consider natural. It is success not calamity that we regard as the normal course in human life.”

- Ayn Rand Atlas Shrugged

[John Galt @harperto]

@cprkrn @ThinkingUSD @Crypto_McKenna @grok What’s sharp > 3

[John Galt @harperto]

@stackhodler Is it possible China’s driving Bitcoin’s forced selling? A strategy to unsettle US markets amid Trump’s stablecoin push and family crypto investments?

[John Galt @harperto]

@btcjvs Is it possible China’s driving Bitcoin’s forced selling? A strategy to unsettle US markets amid Trump’s stablecoin push and family crypto investments?

[John Galt @harperto]

Great write-up, love your work. Is it also possible that this move was triggered by late levered longs, who likely had stops clustered below $4,300? A combination of profit-taking (as gold hit overbought levels) and a dollar rebound could have breached these levels, triggering a cascade. The selloff likely triggered stop-losses or margin calls for leveraged longs in instruments such as UGL, GDXX, NUGT, JNUG, etc

[John Galt @harperto]

@FirstSquawk His comments were related to supporting Argentina

[John Galt @harperto]

@SwingTraderQ @jam_croissant @HoweGeneration would still be a fourth turning, just with a different outcome. This possibility is discussed in the book

[John Galt @harperto]

@hubermanlab Less overall sleep and less quality restorative deep sleep

[John Galt @harperto]

@danielgothits Why are so many people in this thread unable to understand that they can scroll down and see the fix that was suggested?

[John Galt @harperto]

@ThrillaRilla369 Kill the carrier!

[John Galt @harperto]

@BillyM2k “too funny”

[John Galt @harperto]

@Prymop @paulg The impending recession will force the Fed to cut rates and implement QE which will raise the price of BTC. MSTR is the 4th largest holder of BTC, owning over 500,000 coins.

[John Galt @harperto]

Will already own… The vehicle raised $200M in January and will use the cash to create a new firm, called 21 Capital, which will receive $3B in bitcoin from the other investors and firms.

Tether would contribute $1.5B of bitcoin, while SoftBank and Bitfinex would contribute $900M and $600M, respectively.

[John Galt @harperto]

@LukeGromen @john_coster @Stimpyz1 @Geiger_Capital From a sequencing perspective, wouldn’t Bessent want lower yields to refinance the largest portion of debt maturing in q2 before working towards the longer term strategy of weaker USD and higher bond yields?

[John Galt @harperto]

@matthew_pines Is there a link to this full research paper please?

[John Galt @harperto]

As Treasury Secretary and a key figure in the Trump administration, Bessent’s remarks on bank deregulation are of particular interest due to his role in shaping financial policy.

1. March 6, 2025 - Economic Club of New York Speech: Bessent explicitly addressed bank deregulation, criticizing post-crisis bank rules as outdated and burdensome. He vowed to streamline financial regulation and reduce constraints on private enterprise, stating, “We need our financial regulators singing in unison from the same song sheet,” and signaling a reexamination of standards like the supplementary leverage ratio.

2. March 19, 2025 - All-In Podcast Interview: Bessent mentioned that the Trump administration is “re-examining all bank regulation” with a focus on “safe, sound and smart deregulation,” indicating a push to ease regulatory burdens and incentivize growth.

3. November 2024 - CNBC Interview Bessent spoke of a “big push in bank deregulation” to encourage lending, saying, “We’ve got to get a lot of the lending back into the banking system, and let our banks lend.” This is included for context as it aligns with his consistent stance, though it predates December 28, 2024.

[John Galt @harperto]

@donalt @CredibleCrypto

[John Galt @harperto]

@WarClandestine Read The Devil's Chessboard: Allen Dulles, the CIA, and the Rise of America's Secret Government by David Talbot

[fejau @fejau_inc]

@dampedspring i mean 3-5-3 just doesn't have the same ring to it

[Gemini @Gemini]

We reserved #CryptoBall for tonight’s inauguration party

Like this post for a surprise!