John Ryan

Good dude. Good food.

[Raoul Pal @RaoulGMI]

Keeps trucking along, doing its debasement thing... if 89% of all BTC's price action is explained by Global Liquidity then by definition almost all "news" and "narrative" is noise. Enjoy your weekend...

[Treasury Secretary Scott Bessent @SecScottBessent]

The Trump Administration is going big on digital assets.

Why? Because the previous administration nearly destroyed the industry with its anti-innovation agenda and regulation-by-enforcement approach.

No more.

Digital asset companies deserve regulatory clarity—and that’s exactly what we are working toward.

Passing the stablecoin bill is just the start.

[Arthur Hayes @CryptoHayes]

US Treasury Quarterly Refunding Acc. drops 28th & 30th, what are we looking for:
- Est. of next quarter's borrowing, an increase over prior est. is $ liq +ve
- Target TGA balance, the lower the target the better for $ liq
- Any comments on bond market due to tariffs

[John Ryan @j_mryan]

@shayhugheslaw Is this against the NBA? I agree, we should not have to watch four games of Memphis v. OKC!

[Arthur Hayes @CryptoHayes]

Trump Truth

https://t.co/RtuPQn524T

[Dan Tapiero @DTAPCAP]

Could this be the most important off-the-radar macro chart in the world right now?

China is deflating!

Negative real interest rates in CH takes edge off US inflation fears.

USD strengthens, rates drop, Ndx up.

+Liquidity

BIG MACRO BULLISH
#Bitcoin
#Ethereum
#Solana
🚀 🚀

[James Lavish @jameslavish]

Good evening.

As of today, Vanguard has 'protected' its clients from gains of approximately 104% by not allowing them to buy any of the #Bitcoin ETFs.

Have a great night.

[Raoul Pal @RaoulGMI]

Just do nothing... @RealVision

[Pardon My Take @PardonMyTake]

RIP Bill Walton Legend

[John Ryan @j_mryan]

@publicdefender_

[John Ryan @j_mryan]

Lucky to live in a time when information of this caliber is free and easily accessible. Not really able to help you out if you aren’t willing to give this a listen or seven.

[Raoul Pal @RaoulGMI]

New Journey Man is now available! Join @BittelJulien and me for a 2+ hour masterclass.

The deepest, most all-encompassing macro video of all time!!

Enjoy! https://t.co/jZDSyuSbOb

[Raoul Pal @RaoulGMI]

New Journey Man is now available! Join @BittelJulien and me for a 2+ hour masterclass.

The deepest, most all-encompassing macro video of all time!!

Enjoy! https://t.co/jZDSyuSbOb

[Aish @aish_caliperce]

Marc Andreesen on why building companies will become more expensive in the AI Era.

There's a notion that AI will help cut down costs and increase efficiency. However, Marc presented a strong counterargument by referencing Jevon's paradox.

Jevon's paradox:

The Jevon's paradox occurs when technological progress increases the efficiency with which a resource is used (reducing the amount necessary for any one use), but the falling cost of use induces increases in demand enough that resource use is increased, rather than reduced.

He gave some eg of Jevon's Paradox:

->Building roads will only lead to more cars & resulting in traffic.
->CGI in hollywood was developed to reduce the cost of film making but people's expectation increased, so cost involved in CGI also increased.
->Coal consumption increased in Industrial Revolution when the coal prices decreased.

He says,The paradox here making cost of a given piece of software would be reduced, but the massive surge of demand for more powerful softwares will actually increase the cost of building a software company. Customers will start seeking for more & more powerful features.

[Raoul Pal @RaoulGMI]

I posted these the other day but I'm still not sure people yet understand them... and they are the MOST important charts in all of macro/crypto....

Aging population = lower GDP growth

Lower GDP = higher debt to service the aging population.

With high debt and low growth, the Fed needs to create liquidity to service the debt = debasement

Demographics are destiny until the robots + AI scale (2030+), thus debt up, liquidity up = number go up.

It really is that simple with a longer-term time horizon. This is The Everything Code at a very high level.

[Galaxy @galaxyhq]

"The reality is that each technological advancement presents new opportunities. Opportunities for both liberty and enslavement, for justice and travesty, for majesty and manipulation. There will always be forces who seek to pervert the tools of the future to perpetuate the injustices of the past. Our challenge as humans, and Americans, is to build and grow society by not only maintaining but expanding human freedom. #Bitcoin is a tool for expanding human freedom."

An important message shared by the Head of @glxyresearch, @intangiblecoins, during this year’s @bitcoinpolicy Bitcoin Policy Summit.

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: Former PayPal President David Marcus says #Bitcoin is “going to be the native currency of AI” 👀

[Arthur Hayes @CryptoHayes]

"Left Curve" is an essay on why you aren't bullish enough about #crypto. It's time to shut your eyes and BTFD!

https://t.co/0pQyOjZhPS

[Mike Novogratz @novogratz]

Mining is integral to the Bitcoin ecosystem. To fully understand it, you’ve got to participate in it… #TheBigEmpty showcases the employment and innovation generated by Galaxy’s Bitcoin mining facility, Helios, reflecting Bitcoin’s transformative impact on the City of Spur.

Coming Soon...
@blockspace @galaxyhq

[The Daily Show @TheDailyShow]

Jon Stewart remembers his best boy, Dipper.