spunj

Here we are: Agentic Robotics. Societal & economic bifurcation has begun. Put on your helmet.

Retired builder of national digital networks & services.

[Financelot @FinanceLancelot]

The plan is to retire US Treasuries & take them out of circulation. Steve Keen & @paulbuitink get it 🤫👇

Forcing nations to sell them below face value requires a $ shortage (deflationary spiral) which triggers a global insolvency crisis similar to 1929.
https://t.co/p3KcDE3E6D

[0xNobler @CryptoNobler]

🚨 HERE'S WHY BITCOIN IS NONSTOP DUMPING RIGHT NOW

If you still think $BTC trades like a supply-and-demand asset, you MUST read this carefully.

Because that market no longer exists.

What you're witnessing right now is not normal price action.

It's not "weak hands."
It's not sentiment.
And it's definitely not retail selling.

Most people have no idea what's actually happening.

And by the time it becomes obvious, the damage is already done.

This collapse didn't begin today.

It's been developing quietly beneath the surface for months.

And now it's gaining traction.

Here's the reality:

The moment supply can be synthetically created, scarcity disappears.

And when scarcity disappears, price stops being discovered on-chain and starts being dictated by derivatives.

That is exactly what happened to Bitcoin.

And it's the same structural shift that already happened to:
→ Gold
→ Silver
→ Oil
→ Equities

The original Bitcoin thesis is broken.

Bitcoin's valuation was built on two foundations:
→ A hard cap of 21 million coins
→ No rehypothecation

That framework ended the moment Wall Street layered this on top of the chain:
→ Cash-settled futures
→ Perpetual swaps
→ Options
→ ETFs
→ Prime broker lending
→ Wrapped BTC
→ Total return swaps

From that point, Bitcoin supply became theoretically INFINITE.

Not on-chain.

But in price discovery, which is what actually matters.

Synthetic Float Ratio (SFR).

The metric that explains everything.

Once synthetic supply overwhelms real supply, price no longer reacts to demand.

It reacts to positioning, hedging, and liquidation flows.

Wall Street can now trade against Bitcoin.

They're not guessing direction.

They're doing what they do in every derivatives-dominated market:
1⃣ Create unlimited paper BTC
2⃣ Short into rallies
3⃣ Trigger liquidations
4⃣ Cover lower
5⃣ Repeat

This isn't "speculation."

It's inventory creation.

They've effectively turned Bitcoin into a market where supply can be created on demand.

And they literally print their own Bitcoin out of thin air.

One real BTC can now simultaneously support:
→ An ETF share
→ A futures contract
→ A perpetual swap
→ An options delta
→ A broker loan
→ A structured note

All at THE SAME TIME.

That's six claims on one coin.

That is not a free market.

That is a fractional-reserve pricing system wearing a Bitcoin mask.

Ignore it if you want, but don't pretend you weren't warned.

I've been calling Bitcoin tops and bottoms for over a decade now, and I'll do it again in 2026.

Follow and turn on notifications before it's too late.

You don't want to miss my next call.

[spunj @spunjgrip]

@Investanswers I'm easing my exposure. Tesla own ~19 million SpaceX shares - at a 1.75 Trillion valuation - that will only add about $1.50 to $TSLA's share price.

Makes me feel puny. Highlights the hyper valuation of tesla stock and the immense amount of shares outstanding.

[spunj @spunjgrip]

@CollinRugg Yuck. Way too many people.

[spunj @spunjgrip]

@realstewpeters Where is the sound delay?

[spunj @spunjgrip]

@BackupJeffx @MrsErikaKirk @grok is this real or ai?

[Pio @piovincenzo_]

If Michael Saylor went on Shark Tank

[spunj @spunjgrip]

Yes, I admit to occasional hyperbole. :-) As a commercial BTC miner from 2013–2021, here's my take: We're entering an AI-driven world where crypto infrastructure is vital. I'm not convinced Bitcoin stays king. Mining is brutal now: post-halving rewards, volatile prices, and thin margins are forcing operators like me to shut off ASICs and pivot to AI training, rendering, HPC, or colocation leases. Some miners earn 3–10x more revenue per MW from AI deals than BTC mining. I've read that some public firms are signing massive hyperscaler contracts, with mining revenue projected to drop from ~85% to <20% of total by late 2026. Yes, a big BTC rally would fix everything. My worry is that the growing financialization (ETFs, derivatives, and layer-2 chains) may mute explosive upside compared to past cycles. So, my bottom line was to pivot away from mining and support the new shiny thing: AI compute. I'm confident that time will tell!

[spunj @spunjgrip]

@SimplyBitcoin @JeffBooth @PrestonPysh Me thinks they underestimate quantum.

[spunj @spunjgrip]

@ShouldHaveCat "I've got a cat in my lap"

[spunj @spunjgrip]

@cryptorover Euro-rot.

[spunj @spunjgrip]

https://t.co/VcTBED6yM1

[Teslaconomics @Teslaconomics]

The Tesla Semi will be priced at

1/ 500 mile long range - $290,000
2/ 325 mile standard range - $260,000

FYI, average price of a class 8 semi electric truck is $435,000.

Now I need to convince my significant other I need to buy one… the hardest part.

[spunj @spunjgrip]

@financedystop People have short memories. Don't you remember 2011 and 2012? "Don't buy a home now! The market just crashed and it's going to crash again! You're crazy to put your money in a house. Just rent and wait for the home prices to drop again!"

[spunj @spunjgrip]

@barkmeta What markets are you looking at? It's status quo.

[InvestAnswers @Investanswers]

A year ago I posted that AI would kill the Bloomberg Terminal. Fast forward to today. Not the only casualty.

[Liz Churchill @liz_churchill10]

Oh. My. God.

“Preparing for Pandemics…”

“Let's discuss next steps, for example how to officially involve the WHO and CDC…”

“I hope we can pull this off…”

[JJ @JosephJacks_]

Woah.. Jensen is NOT happy about OpenAI.

[Tom Nash @iamtomnash]

$PLTR investors since 2022… 😎