Looks like commodities generally have some headroom to grow faster than stocks over the next decade or two. Exciting to be on the cusp of a macro rotation.

Stable coin not so stable. We may have some more forced selling in BTC over the next few days. I'm loading up.

Gay 4 pay

Good sign. It shows there's a lot of interest in this area.

https://twitter.com/MatthewHyland_/status/1523796840826634240?t=4m5ng8A3iryqgGCZh6Uy8g&s=19

😂 Oh dear.

https://twitter.com/TikTokInvestors/status/1494076067669168130?t=EoELH3I2Gk80ZNjTTPZNLQ&s=19

So apparently when UST blew up yesterday it forced Luna to sell nearly 50,000 BTC into an already weak market. The fact BTC held up so well despite that forced selling is pretty impressive. I'm seeing some models floating around Twitter that indicate powerful support around $24k, so I'm still not ready to call a bottom just yet. But it's not unprecedented in Bitcoin's history that bottoms pass by unnoticed on low volume. So if we are lucky (unlucky?) we may not get the "capitulation wick" everybody is waiting for.

Not good! This likely means the Fed will keep hiking rates. But we'll see.

https://twitter.com/BitcoinMagazine/status/1524366743178596353?t=laB32EiiU6D37ukHAQpChw&s=19

Good 🤣

https://twitter.com/zerohedge/status/1524381798108651520?t=6GMmVMoSMTvigpR7VSI9gA&s=19

Every time a shitcoin dies, the media targets Bitcoin.

No way. This is his second failed stable coin. 😂

https://www.coindesk.com/tech/2022/05/11/usts-do-kwon-was-behind-earlier-failed-stablecoin-ex-terra-colleagues-say/

Keep in mind the function of markets is to move capital away from people with high time preference, toward people with low time preference.

Looks like China may have un-banned Bitcoin (so they can ban it again in the future, no doubt).

https://watcher.guru/news/bitcoin-is-now-recognized-as-a-legal-virtual-property-by-shanghai-high-court

Lmao LUNA is going Zimbabwe mode