Jimmy Bitty

[Jimmy Bitty @jimmybitty]

Interesting how Bitcoin is kinda like a release valve for a sovereign debt crisis.

For those that don’t get it, here’s a 🧵

[James Van Straten @btcjvs]

It’s evident after Powells comments today.

They want to increase demand for stables and inflate #Bitcoin to ensure sufficient demand for treasury bonds and to back stables with said bonds.

[Capital Flows @Globalflows]

Curve is steepening bruv

Welcome to global macro

[Jimmy Bitty @jimmybitty]

@captcrypto2020 @BTCBreadMan I’ve proved this false many a times

[Jimmy Bitty @jimmybitty]

@jessepollak @baseapp Please ser!

[jesse.base.eth @jessepollak]

giving out 50 @baseapp invites in the next 10m

reply and RT if you want one

[Jimmy Bitty @jimmybitty]

@donalt Ur mad bcuz ur not Amurican

[Jimmy Bitty @jimmybitty]

Back to work

[Bit Paine ⚡️ @BitPaine]

I literally have not seen a single person who read the EO correctly. This is MORE than I was hoping for:

-BTC recognized as a valuable strategic asset by the largest economy in the world.

-BTC and shitcoins now officially separated in US government policy. Shitcoins seized won’t be sold, only Bitcoin is worth accumulating.

-Bessent and Lutnick authorized to develop budget neutral strategies for further acquisition.

Literally what else was anyone hoping for? This is everything.

If this doesn’t make you fully erect you are retarded and can’t read.

[Joe Weisenthal @TheStalwart]

THE UNCOMFORTABLE TRUTH ABOUT TRUMP, XRP, AND ADA

In today's Odd Lots newsletter, I wrote about Trump's executive order, the guys who soyface on YouTube to pump cheap coins, and why the people "building" on crypto Twitter may be the biggest phonys in the industry.

[Jimmy Bitty @jimmybitty]

@fallacyalarm Yeah completely agree, more inclined to believe nothing would pass Congress unless it were stockpiling current BTC holdings or gifting from centralized protocols.

[Jimmy Bitty @jimmybitty]

@fallacyalarm That’s my point… tariffs = new revenue stream to buy Bitcoin. What is inflationary about that?

[Jimmy Bitty @jimmybitty]

*will get hate from all 134 bots that follow Jimmy Bitty

[Jimmy Bitty @jimmybitty]

Will get hate, but the Crypto Strategic Reserve won’t pass in Congress. BTC is struggling to pass at the State level. Add shitcoins and odds drop even more.

Will be solid exit liquidity though, so thanks for participating.

[Raoul Pal @RaoulGMI]

I will put out a Flash Update video later today with more details but the Global M2 vs BTC chart has largely played out now. Patience.

Volatility is the price you pay for the returns...

[glassnode @glassnode]

As $BTC dropped below $80K, an additional $685M in realized losses were recorded on Feb 28 so far. Losses continue to be led by recent buyers.

We break down today’s sell-off and how loss realization has evolved. 🧵👇

[Jimmy Bitty @jimmybitty]

@dgt10011 Just tokenize it and make them closed-end to open a secondaries market. Problem solved

[WhalePanda @WhalePanda]

"The basis strade is neutral for the market, that's why the price didn't go up while Blackrock was buying billions"
Cool, so why is the price dumping when they're unwinding the basis trade and actively dumping the coins on the market rather than sell OTC after they bought OTC?

[Jimmy Bitty @jimmybitty]

@captcrypto2020 Continue staring at the screen, nothing more exciting

[Jimmy Bitty @jimmybitty]

Touch grass

[Jimmy Bitty @jimmybitty]

HODL