PaperstreetBTC

This is not financial advice. Studying BTC-focused portfolios. Beating the Bitcoin hurdle rate.

[PaperstreetBTC @PaperstreetBTC]

https://t.co/MOsy7NiYaK

[PaperstreetBTC @PaperstreetBTC]

@_Adrian @GrafYves @TNorth Yeah I agree. I meant that it’s good that they are able to finance buybacks and can make adjustments to the balance sheet in distressed times. But I agree that the discount on the price was a signal of something much more complex than just $ASST competition or lack of buybacks.

[PaperstreetBTC @PaperstreetBTC]

@kingkhieu @PatM33527842122 @Gavin_McInnes Quebec can do what it wants. But the massive federal public service is highly related to Quebec voters.

[PaperstreetBTC @PaperstreetBTC]

@kingkhieu @PatM33527842122 @Gavin_McInnes Public sector is essentially a make work project for under educated Quebecers.

[PaperstreetBTC @PaperstreetBTC]

@cantonmeow It’s interesting that they’re following a similar path

[PaperstreetBTC @PaperstreetBTC]

@uscfan981 Solid list

[PaperstreetBTC @PaperstreetBTC]

@KirkLubimov https://t.co/BKlbBD9X6V

[PaperstreetBTC @PaperstreetBTC]

An alternative vision for Canadian monetary policy. $BTC https://t.co/1d6gLsbvsg

[PaperstreetBTC @PaperstreetBTC]

@DeItaone https://t.co/BKlbBD9X6V

[PaperstreetBTC @PaperstreetBTC]

An alternative vision for Canadian monetary policy. $BTC https://t.co/1d6gLsbvsg

[PaperstreetBTC @PaperstreetBTC]

An alternative vision for Canadian monetary policy. $BTC https://t.co/1d6gLsbvsg

[PaperstreetBTC @PaperstreetBTC]

@StrategyMaxi @strategydocs @Strategy $STRK could do the job too.

[PaperstreetBTC @PaperstreetBTC]

@LakersEmpire Fire JJ and let a super fan coach

[PaperstreetBTC @PaperstreetBTC]

@SenSanders What an idiot

[PaperstreetBTC @PaperstreetBTC]

@dotkrueger https://t.co/Is1kqnG5qw

Saylor made it easy for us.

[PaperstreetBTC @PaperstreetBTC]

https://t.co/MOsy7NiYaK

[PaperstreetBTC @PaperstreetBTC]

@agalbraith As a Canadian customer, will still use the product.

[PaperstreetBTC @PaperstreetBTC]

@cantonmeow We got a solid bounce off of the 20 day SMA. What’s your expected higher low?

[PaperstreetBTC @PaperstreetBTC]

@cantonmeow Likely.

[PaperstreetBTC @PaperstreetBTC]

@StrategyMaxi @ZynxBTC Haha

[PaperstreetBTC @PaperstreetBTC]

@ListerRod @PhilSmith26 I agree with that. That’s how markets should work though. This is what we lost when the central banks moved towards a policy of permanent QE through swap lines. Now governments have to compete for the cash.

[PaperstreetBTC @PaperstreetBTC]

Bond markets look reasonably orderly. They’re pricing term premium and geopolitical risk while the map gets redrawn. That’s a real signal.
A 5-handle on the 10-year is not a default price. It closed Friday at 5.28%. Five-year US CDS is about 37bp. That’s the market charging for duration and politics, not refusing to own the paper.
If the claim is that bonds eventually force the US and the G7 to slow the growth of the welfare state so the debt stock stops compounding, I’m with you. Default is a different claim, and it’s absurd. The dollar is still the reserve currency. IMF reserves were 57% dollars in Q2. Slow erosion is not a change of regime.

[PaperstreetBTC @PaperstreetBTC]

Well, I don’t think bond markets care about his past career. I think his industrial agenda will likely bring prosperity to Canada more than Europe. Because where else are our resources going to go? Europe doesn’t have the industry to be a reliable customer. Canadian bonds are gaining relative to EU, because of geography. The market knows that Elbows up is a phase. Canada will be prosperous. Because we’re neighbors with the USA. Pay attention to the ai spend. It’s also affecting bond markets.