By your definition, call spreads create leverage in a down market. That is just not technically correct. BLOX does not use traditional borrowing leverage and is not structured as a leveraged ETF. Like many funds that use derivatives, defined risk put spreads can create additional income when the underlying asset stays above its short strike, but each spread has a purchased protective put that caps the maximum loss. That is materially different from borrowing to lever the portfolio or targeting 2x or 3x market exposure. BLOX is not a leveraged ETF.
And Brad, while I do appreciate your interest in BLOX, I would hope we can have these discussions in a respectful way. You have every right to disagree with me, but to accuse me of lying is a disservice to all who follow our discussions. I may disagree with you, but I donāt accuse you of lying to your followers. It is my love for the truth that drives me to try to respond to these comments. My goal is not to win an argument with you but to give you and our investors a direct and straightforward response. I think these conversations are great but my desire is to keep them productive and truthful.
Everyone panicking about quantum computers killing Bitcoin is skipping the entire middle of the story.
Yes, a machine that can break Bitcoin's encryption is coming eventually. But building one and using one to steal coins are two completely different things, and the gap between them is years, maybe a decade.
Here's what people miss. This isn't a laptop or a virus. A quantum computer capable of breaking Bitcoin is a half million qubits of hardware that has to be kept colder than outer space. It's a national lab. A handful of the rarest scientists on earth. You cannot hide it, and you cannot build it in a basement.
And the day one of these actually works, Bitcoin is the least of the world's problems. The same machine breaks every bank, every government's secrets, every military's communications. It instantly becomes the most valuable and most dangerous object on the planet. Every intelligence agency on earth would be focused on it. Whoever builds it is not going to quietly point it at old Bitcoin wallets and announce to the world they have it.
Meanwhile Bitcoin isn't sitting still. The upgrade to protect against this is already written and already being adopted. The defense has a multi year head start on the threat.
So the real risk isn't "quantum arrives and Bitcoin dies overnight." The real risk is old wallets that reused addresses, which is a housekeeping problem, not the end of Bitcoin.
This is a slow, loud, defended problem that everyone will see coming for years. Not the overnight black swan the headlines are selling you.
@HeuristicHomie I have 20,023 BLOX & 3,000 GIAX! I also have a small position in SLVX. Iāve got much faith in @DavidANicholas! I need more GIAX!!!
Michael Cohen appears to have been miraculously cured of his TDS as President Trump trades old stories, and praises Cohenās bravery for recanting everything he said lol
You thinking what Iām thinking?
https://t.co/9RlJLitJwA
For all the naysayers in my comments who clearly love the taste of leather, here is a perfect example of how to exercise your Sixth Amendment right and challenge jurisdiction. There was nothing this administrative pirate could do.
*Active Management*
HUGE reason why I own $BLOX
Iām betting on the fact that @DavidANicholas and team @XFunds_ are following:
- bitcoin
- ethereum
- tokenization
- miner -> compute
- digital asset ecosystem/infra
+ economy & other market influences I canāt make sense of more than myself
Watch what happens to the holdings over till year end. Iām guessing youāll see more BTC/ETH exposure and a reduction of the equity sleeve
Thereās so much innovation and things going on itās hard to keep up. Outsourcing some of your āmonitoring the situationā will help immensely
Letās see where this bad boy is by end of year
Part One Follow-up from previous Series Posts.
The point is:
You shouldnāt care if Byron Donaldās turns into the biggest POS on the face of the Earthā¦
IF he is and does = part of the Strategic Plan.
IF he isnāt and doesnāt = part of the Strategic Plan.
Anyone who believes that a Billionaire, never a Politician aka Part of the Establishment, or Military aka Military Industrial Complexā¦
"Beats" one of the most established Swamp Members in a very deeplyĀ entrenched and established SWAMP, Hillary in 2016...Ā
"Loses" to one of the most incompetent in Swamp History... "Joe" in 2020...
"Beats" a record "Two Candidates" in which the Swamp would have had plenty of time to scheme and plan how to "win" 2024...Ā
All in "normal" elections?Ā
That the CURRENT LAWS INVOKED outline are NOT 'normal?'
That CURRENT LAWS STILL INVOKED outline the National Guard, deployed for the FIRST TIME IN ELECTION HISTORY to 2018, 2020, 2022, and 2024 Elections?
Immediately following, "COINCIDENTALLY"... "OF COURSE", Executive Order 13848 with National Emergency on September 12, 2018, and theĀ FIRST TIME IN ELECTION HISTORY, the National Guard CYBERSecurity Teams are active starting in NovemberĀ 2018...Ā
Ā "COINCIDENTALLY, OF COURSE"...
AndĀ Ā "COINCIDENTALLY, OF COURSE"... "Joe" just happens to allow the SAME National Guard to deploy to 2022 and 2024...Ā
Yet NOT ONE SINGLE TITLE 10 or 32 Order or Funding exists for the National Guard from 2021 to 2025... all stemming from 2018, 2019, and 2020...
Yet this Deep State, that "podcasters" claim are in panic, which would mean they're still in a capacity of operation...Ā
1). Continued ALL Executive Orders with National Emergencies declared by President Trump from 2017 to 2021, 4 years in a row THROUGH 2021 to 2025, to hand right back to him to KEEP enforcing without a lawful hindrance starting January 2025....
Continued 8 Executives Orders with National Emergencies:
Deporting Illegal Migrants.
Eliminating Election Interference.
FUNDEDĀ and ENFORCINGĀ DOGE.
Taking Panama Canal back.
Freezing Assets ofĀ FundsĀ to Chinese Communist Military.
Termination of Mainstream Media Platforms.
ETC.
Ā "COINCIDENTALLY, OF COURSE"...
Displayed to the WORLD inĀ 2021 to 2023, a Democrat Administration, Democrat House, and Democrat Senate...
But could not let 8 National Emergencies simply expire on their own?
Instead continued those right back to PDJT?
Those 8 that are mainly using MILITARY to execute the Orders?
Ā "COINCIDENTALLY, OF COURSE"...
NOT ONE SINGLE Tariff terminated from 2021 to 2025?
Ā "COINCIDENTALLY, OF COURSE"...
NOT ONE SINGLE Obama, Bush, or Clinton appointed Judges tried to block ONE SINGLE TARIFF?
Ā "COINCIDENTALLY, OF COURSE"...
2). Did NOT manage to successfully impeach OR indict with "34 Counts" to bar PDJT from #47???
Ā "COINCIDENTALLY, OF COURSE"...
A). But had FULL and MULTIPLE Title 18 FEDERAL offenses by the "Former" President displayed to the WORLD...
In February 2024, PDJT is on a LIVE Press Conference, at the Border of Texas with the Governor of Texas and Adjutant General of Texas with the National Guard and Reserves from MULTIPLE STATES deployed...Ā
Google will tell you that Proclamation 9844 with the Title 10 Federalization Order for the National Guard at the Southern Border was terminated by "Joe Biden"....
Yet the week before AND after PDJT is at the Border, 14 States deployed there in Feb. 2024...Ā
How?Ā Again... There are ZERO Title 10 Orders or Title 32 Fundings on record for "Joe" from 2021 to 2025...Ā
The "Former" President at the Border in a live and active Military Operation yet "Joe" nor "Kamala" were EVER seen in Del Rio or Eagle Pass, Texas, operations...
This would have been classified as a Breach of National Security, Seditious Acts to Overthrow Government, Espionage, and other Military and Federal Counts...Ā
Those actions as a "Former" would have barred #47 AND been easy indictments.
If you go to sleep with 1 out of 21M Bitcoin, you wake up w/ 1 out of 21M Bitcoin
If you got to sleep w/ $65,000 out of $1,000,000,000,000
You wake up w/ $65,000 out of $1,125,000,000,000
Aka you woke up poorer, even if you have the same dollar amount
Hope you get it
At 7PM EST, I'll be covering the OUTRAGEOUS gas prices in American and the real affect they have on our country. Have Questions? After the presentation dial (424) 552-1299 & press 1. https://t.co/HUy3dKVnTq