Patrick Vieira & Thierry Henry’s post-match interview with Sky Sports after winning the Premier League title at White Hart Lane, on this day in 2004. 🏆
🎥 @SkySportsRetro
Pope Leo XIV responds to the Christian Zionists who showed up in the Oval Office to bless Trump's immoral war. "War is not holy; only peace is holy because it is willed by God."
“How can we continue to betray the desire of the world's peoples for peace with propaganda about weapons buildup, as if military supremacy will resolve problems instead of fueling even greater hatred and desire for revenge?
“People are becoming more aware of the amount of money that ends up in the pockets of merchants of death. With that money, hospitals and schools could be built. Instead, those already built are being destroyed.” — Pope Leo XIV
🚨 BREAKING: CNN uncovered multiple unredacted videos inside DOJ Epstein files, including footage where a girl says she is just 15 years old.
These files sat in government custody for years.
So here’s the issue you get influencers like this guy have a quarter million followers and they claim they don’t know why it is declining… it’s because they don’t understand basic mechanics of price discovery.
They don’t understand that the marginal buyers or the float determines price they think the onchain bitcoin is that is the price discovery
Well, it was once upon a time but now..
Once you can synthetically manufacture the supply, the asset is no longer scarce and once scarcity is gone, price becomes a derivatives game, not a supply-and-demand market.
This is exactly what has happened to Bitcoin.
This is the same structural break that occurred in gold, silver, oil, and eventually equities once they became derivatives-dominated.
The original premise that no longer exists
Bitcoin’s entire valuation logic was built on finite supply (21M) and inability to be rehypothecated.
That died the moment:
•Cash-settled futures
•Perpetual swaps
•Options
•ETFs
•Prime broker lending
•Wrapped BTC
•Total return swaps
were layered on top of the chain.
From that moment forward:
Bitcoin supply became theoretically infinite.
Not on-chain in price discovery.
The metric that explains the collapse
Synthetic Float Ratio (SFR)
Once you can synthetically manufacture the supply, the asset is no longer scarce — and once scarcity is gone, price becomes a derivatives game, not a supply-and-demand market.
That is exactly what has happened to Bitcoin.
This is the same structural break that occurred in gold, silver, oil, and eventually equities once they became derivatives-dominated.
Why Wall Street can now “trade against” Bitcoin
They do exactly what they’ve done in every commodity market:
1.Create unlimited paper BTC
2.Short into rallies
3.Force liquidations
4.Cover lower
5.Repeat
They are not “betting” — they are manufacturing inventory.
The same 1 BTC can now support:
•An ETF unit
•A futures contract
•A perpetual swap
•An options delta
•A broker loan
•A structured note
All at once.
That is six claims on one coin.
That is not a market.
That is a fractional reserve price system.
This Minneapolis resident just said what everyone should be feeling right now:
“This started as a pretext about immigration and fraud… it’s WELL beyond that now.
It’s your 2nd Amendment, your 4th Amendment, your 6th Amendment.”
“We’re performing CPR on what may already be a corpse called the Constitution.”
Wake up. This isn’t just Minneapolis. It’s ALL of us.
Bukayo Saka: “The word faith is one of the strongest words for myself. It means that you believe & you believe no matter what. Faith is a common misconception, that it takes you away from problems - faith takes you to problems.” 🙏❤️
🎥 @MenInBlazers