Tim Malibu 🌊☀️🌊

Surfer Laureate of the Network State. Exit the Matrix. Lifelong Artist.

[Tim Malibu 🌊☀️🌊 @tim_malibu]

Pro Tip: Always translate “money” to “freedom points” and you will play the game at a higher level.

[Tim Malibu 🌊☀️🌊 @tim_malibu]

Testing

[Tim Malibu 🌊☀️🌊 @tim_malibu]

@OJRenick We should see what 2008 would have looked like without a bank of last resort. Good case study.

[Tim Malibu 🌊☀️🌊 @tim_malibu]

@zhusu “Supercycle” was nothing more than a marketing jingle…

[Tim Malibu 🌊☀️🌊 @tim_malibu]

@OJRenick *feels* like today is classic ‘shorts de-risking’ ahead of tomorrow’s PCE. Econ has been scary, gas spiking again and guidance cuts are inevitably going to hit the E in PE…

[Tim Malibu 🌊☀️🌊 @tim_malibu]

@draecomino History repeats: what was the bimetallism movement in the 1800’s?

[Tim Malibu 🌊☀️🌊 @tim_malibu]

@mattigags Until reflexivity breaks:

[Tim Malibu 🌊☀️🌊 @tim_malibu]

@mattigags Cost-basis is an under appreciated driver in a decision to hold or sell.

Eg, OG with sub 1k BTC basis is completely different than anyone with a 5k-64k basis.

[Tim Malibu 🌊☀️🌊 @tim_malibu]

@AndrewSteinwold Lots of signs we are increasingly rebuilding the “old world” in crypto rather than finally building the original revolutionary vision of the Internet…

[Tim Malibu 🌊☀️🌊 @tim_malibu]

@gmoneyNFT The four horseman see it’s easier money to short a broken market into crypto winter, then buy it all up cheap for the multi-decade run…

[Tim Malibu 🌊☀️🌊 @tim_malibu]

@SplitCapital Doesn’t this coincide with the Fed hinting that they will need to taper earlier than expected? So, these bets are coming in because they know rates will rise earlier than expected and drive down CPI in the out years.

In short, old bets were on Fed waiting until 2023...

[Tim Malibu 🌊☀️🌊 @tim_malibu]

@balajis Isn’t this the fate of DAOs?

[Tim Malibu 🌊☀️🌊 @tim_malibu]

@MichaelaArouet @SoberLook Another variable rarely discussed: Chinese companies tend to dump supply on the market while US buys back.

If you think this doesn’t affect returns, NGMI.

[Tim Malibu 🌊☀️🌊 @tim_malibu]

@100trillionUSD Recency bias is the biggest blind spot in all of investing. Ever.

[Tim Malibu 🌊☀️🌊 @tim_malibu]

@nic_carter Maybe the best minds aren’t even playing civilization-based games...🤔

[Tim Malibu 🌊☀️🌊 @tim_malibu]

@ricburton The most depressing learning in life is to acquire all the accomplishments of success only to realize they are merely sensations and experiences that are as fleeting as any...and less satisfying than most free things anyone can do/have.

That lie hurts at an existential level.

[Tim Malibu 🌊☀️🌊 @tim_malibu]

@Crypto_McKenna Narratives are failing, and all everyone does is pump self-interested narratives…

[Tim Malibu 🌊☀️🌊 @tim_malibu]

@OJRenick Another hot inflation print, another mechanical failure for BTC to act as the long promised inflation hedge.

BTC is simply a FOMO asset at this moment. Could change in the future…

[Tim Malibu 🌊☀️🌊 @tim_malibu]

@cognazor Few

[Tim Malibu 🌊☀️🌊 @tim_malibu]

@nic_carter That might be the most intellectually dense Rapture story in the peak Rapture Story Era...

[Tim Malibu 🌊☀️🌊 @tim_malibu]

@Jac0bR0b1ns0n @lex_node Same as any trading card, just digital.

Here’s a deeper set of questions that will require a lot of effort to answer accurately: what do you own when you buy BTC? What about other coins?