Rep. Tim Burchett: “When they told Jimmy Carter the truth about UFOs & aliens... he cried.” Below in text is what former NASA Ames researcher Ed Harris claimed a few years ago that Carter was told:
“Yes, the incident of Jimmy Carter crying after being briefed about classified information regarding UFO's is largely believed to be true by the serious researchers on the subject. As a forewarning, the following information is very unsettling and will explain why Carter never "kept his promise" of revealing classified UFO information to the public.
According to the story that was corroborated by more than one witness, U.S. presidents are only given a cursory overview of the subject. Apparently, the CIA runs the program, only provide information to the President on a need to know basis, and do not consider presidential curiosity as sufficient need to know. This was implemented after Kennedy, and all presidents after him have been given only summary briefings (some presidents for unknown reasons were given more than others).
Okay on to your question. President Carter is a deeply religious man who had also witnessed a UFO with 6 other people. Everyone thought that he would be the one to finally release UFO info to the public but as the story goes, he was repeatedly stonewalled.
Eventually, the CIA had "the talk" with him, and afterward it was reported that he sunk his head in his hands and not only began to deeply sob, but was visibly disturbed for some weeks afterward.
What was he told and shown?
“He was told that the major religions including Christianity were programs created by extraterrestrials to prevent us from destroying ourselves while they ran their experiments on us - and that they made us.”
At this moment it became clear to Carter that such information could cause tremendous economic and social upheaval. I should add that I am not only a Christian but a clergyman, so I am in no way attempting to promote atheism here. In fact, how God fits into this might be an interesting separate post. Nevertheless, these are the facts as I know them to be.”
BREAKING: 🇺🇸 BILLIONAIRE CHAMATH PALIHAPITIYA JUST DROPPED A MASSIVE WARNING AGAINST BITCOIN:
“THERE’S A STRUCTURAL FLAW IN BITCOIN.”
“BITCOIN LACKS FUNGIBILITY AND PRIVACY.”
“IT CAN NEVER BE A HOLDING OF A CENTRAL BANK.”
🚨 BITCOIN MAX SUPPLY IS NO LONGER 21 MILLION NOW.
And this is what causing market's crash.
If you still think Bitcoin price is moving only because of spot buying and selling, you are missing the bigger picture. Bitcoin no longer trades purely as a supply demand asset.
That structure changed the moment large derivatives markets took control of price discovery.
And that shift is a big reason why price behavior feels disconnected from on chain fundamentals today.
Originally, Bitcoin’s valuation was built on two core ideas:
• Fixed supply of 21 million coins
• No ability to duplicate that supply
This made Bitcoin structurally scarce.
Price discovery was driven mostly by real buyers and sellers in the spot market.
But over time, a second layer formed on top of Bitcoin, a financial layer.
This layer includes:
• Cash settled futures
• Perp swaps and options
• Prime broker lending
• WBTC products
• Total return swaps
None of these create new BTC on chain. But they do create synthetic exposure to BTC price.
And that synthetic exposure plays a major role in how price is set. This is where the structure changes.
Once derivatives volume becomes larger than spot volume, price stops reacting mainly to real coin movement.
It starts reacting to positioning, leverage, and liquidation flows.
In simple terms:
Price moves based on how traders are positioned, not just on how many coins are being bought or sold physically.
There is also another layer to this, synthetic supply.
One real BTC can now be referenced or used across multiple financial products at the same time.
For example, the same coin can simultaneously support:
• An ETF share
• A futures position
• A perpetual swap hedge
• Options exposure
• A broker loan structure
• A structured product
This does not increase on chain supply. But it increases tradable exposure linked to that coin.
And that affects price discovery.
When synthetic exposure becomes large relative to real supply, scarcity weakens in market pricing terms.
This is often referred to as synthetic float expansion.
At that stage:
• Rallies get shorted through derivatives
• Leverage builds quickly
• Liquidations drive sharp moves
• Price becomes more volatile
This is not unique to Bitcoin. The same structural shift happened in: Gold, Silver, Oil, Equity indices.
Once derivatives markets became dominant, price discovery shifted away from physical supply alone.
This also explains why Bitcoin sometimes falls even when there's not much spot selling.
Because price pressure can come from:
• Leveraged long liquidations
• Futures short positioning
• Options hedging flows
• ETF arbitrage trades
Not just spot selling.
So the current Bitcoin decline cannot be understood only through retail sentiment or spot flows.
A large part of the move is happening in the derivatives layer, where leverage and positioning drive short term price action.
This does not mean Bitcoin’s supply cap changed on chain.
The 21 million limit still exists. But in financial markets, paper Bitcoin is now dominating and this is what's causing the crash.
real question:
are we sitting on a ticking time bomb?
a lot of treasury companies are basically running leveraged bets on crypto right now:
> buy a coin
> issue bonds backed by it
> use that money to buy more crypto
> repeat
very bullish short-term no doubt
but what happens when prices dip?
> one gets liquidated
> forced to sell
> price goes down
> that drop triggers another liquidation
> repeat
and it spreads to other coins
because if SOL-backed treasuries start crumbling
people panic sell ETH, BTC, whatever’s next
and those treasuries go too
one by one
until the whole thing unravels
treasury leverage might be the biggest risk of this cycle and it's not even close