Would bet that the true zero-sum massive capital sink this cycle
โ is perpetuals platforms
Those truly sucking up billions to create absolutely nothing, not even communities
The perp platforms arenโt even trading the real underlying coins, itโs all virtual contracts
Pumpfun still bad and badly misconfigured in many ways,
but overlooking the biggest zero-sum capital sink here
Oh and the real altcoin season is still on the way, always AFTER $BTC gets closer to cycle peak
๐ณ๐พ๐พ๐ผ๐ฟ๐พ๐ ๐ ๐ธ๐ฝ๐ถ
โ is perpetuals platforms
Those truly sucking up billions to create absolutely nothing, not even communities
The perp platforms arenโt even trading the real underlying coins, itโs all virtual contracts
Pumpfun still bad and badly misconfigured in many ways,
but overlooking the biggest zero-sum capital sink here
Oh and the real altcoin season is still on the way, always AFTER $BTC gets closer to cycle peak
๐ณ๐พ๐พ๐ผ๐ฟ๐พ๐ ๐ ๐ธ๐ฝ๐ถ
๐ฏ4๐1
Billions getting silently swallowed up by the perps platforms now,
much of which likely wouldโve gone toward some kind of value-creating investments,
instead now being used for something of true zero value creation, afaik
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much of which likely wouldโve gone toward some kind of value-creating investments,
instead now being used for something of true zero value creation, afaik
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๐ฏ5
Alts performance vs. BTC, measured from BTC cycle bottoms
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๐ณ๐พ๐พ๐ผ๐ฟ๐พ๐ ๐ ๐ธ๐ฝ๐ถ
๐4๐2
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๐ฅ8โคโ๐ฅ2๐2
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๐6๐ฏ4๐คฌ2
DoomPosting
Voluntary trade โ True essence of the right i.e. (1) Voluntary trade deals, where both sides stand to benefit AND (2) Involuntary forced-elimination of monopolizing entities that have destroyed voluntary mutually-beneficial trade, whoโve destroyed meritโฆ
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Left = non-voluntary, centralized tyranny of the majority, โtrade unionโ = EU
Right = decentralized voluntary trade agreements = disband the EU
That no exchange may take place unless all are part of the deal stand to benefit
Voluntary association
Art of the deal
It really is the central dividing line between left and right
โ EU concept is leftist af, to its core, by its very nature
EU is fundamentally an extremely leftist, anti-rightest system of organization
๐ณ๐พ๐พ๐ผ๐ฟ๐พ๐ ๐ ๐ธ๐ฝ๐ถ
Right = decentralized voluntary trade agreements = disband the EU
That no exchange may take place unless all are part of the deal stand to benefit
Voluntary association
Art of the deal
It really is the central dividing line between left and right
โ EU concept is leftist af, to its core, by its very nature
EU is fundamentally an extremely leftist, anti-rightest system of organization
๐ณ๐พ๐พ๐ผ๐ฟ๐พ๐ ๐ ๐ธ๐ฝ๐ถ
๐11
DoomPosting
Left = non-voluntary, centralized tyranny of the majority, โtrade unionโ = EU Right = decentralized voluntary trade agreements = disband the EU That no exchange may take place unless all are part of the deal stand to benefit Voluntary association Art ofโฆ
โ โBilateral tradeโ to contrast with โMultilateralismโ
BTW, very strange choice of wording,
โ Type of terminologyโs a lie on its face, but few seem to realize it?
I.e. โMultilateralismโ implying it has a monopoly on coordination among more than 2 parties,
as if more than 2 parties to coming to a mutually-beneficial terms for voluntary exchange agreement is somehow too hard, if not impossible,
โ which DO appear to strongly believe, even on the right
โฆbut itโs simply not true at all?
Swear that ~zero even realize the general form that the negotiation offers in such an N-party voluntary exchange negotiation take?
A while back worked on a startup to fully automate this in a trustless way, but world apparently not ready for this yet, and so this will be the next big thing in the next crypto wave
Oddly, did ONCE recently randomly see an old jewish joke online, that correctly identified the general form that such N-party voluntary exchange agreements takeโฆ which kinda raises more questions than answers
Anyway, usual commie wordcel tricks โ words than on their face imply that if more than 2 nations are involved, suddenly you just MUST switch to commie โdemocracyโ tyrrany of the majority of countries, if not a commie central planning committee, e.g. UN.
โBilateralismโ vs โMultilateralismโ distinction is a lie on its face
๐ณ๐พ๐พ๐ผ๐ฟ๐พ๐ ๐ ๐ธ๐ฝ๐ถ
BTW, very strange choice of wording,
โ Type of terminologyโs a lie on its face, but few seem to realize it?
I.e. โMultilateralismโ implying it has a monopoly on coordination among more than 2 parties,
as if more than 2 parties to coming to a mutually-beneficial terms for voluntary exchange agreement is somehow too hard, if not impossible,
โ which DO appear to strongly believe, even on the right
โฆbut itโs simply not true at all?
Swear that ~zero even realize the general form that the negotiation offers in such an N-party voluntary exchange negotiation take?
A while back worked on a startup to fully automate this in a trustless way, but world apparently not ready for this yet, and so this will be the next big thing in the next crypto wave
Oddly, did ONCE recently randomly see an old jewish joke online, that correctly identified the general form that such N-party voluntary exchange agreements takeโฆ which kinda raises more questions than answers
Anyway, usual commie wordcel tricks โ words than on their face imply that if more than 2 nations are involved, suddenly you just MUST switch to commie โdemocracyโ tyrrany of the majority of countries, if not a commie central planning committee, e.g. UN.
โBilateralismโ vs โMultilateralismโ distinction is a lie on its face
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๐ฏ6
DoomPosting
โ โBilateral tradeโ to contrast with โMultilateralismโ BTW, very strange choice of wording, โ Type of terminologyโs a lie on its face, but few seem to realize it? I.e. โMultilateralismโ implying it has a monopoly on coordination among more than 2 partiesโฆ
Even good old rightist Milton, in perhaps his most famous quote,
saying โBOTHโ
โ wrongly implying that voluntary exchange negotiation and agreement among more than 2 parties simultaneously isnโt a thing, or is simply infeasible
But thatโs simply a lie
True that most wrongly believe this, clearly, including Milton himself
But itโs simly not true
Strange
๐ณ๐พ๐พ๐ผ๐ฟ๐พ๐ ๐ ๐ธ๐ฝ๐ถ
saying โBOTHโ
โ wrongly implying that voluntary exchange negotiation and agreement among more than 2 parties simultaneously isnโt a thing, or is simply infeasible
But thatโs simply a lie
True that most wrongly believe this, clearly, including Milton himself
But itโs simly not true
Strange
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๐ฏ6
$BTC surging a bit,
but $SOL calling bluff
In short term could go either way
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but $SOL calling bluff
In short term could go either way
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๐4