27 Comments
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Will Kayzed's avatar

Going to miss you Bull

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Bowtied Mastadon's avatar

“Real risk is what you do with your *time and connections*”

This quote will be under-appreciated by most.

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btfpl's avatar

why is this august 8-9 date so important?

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May 17, 2022
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RM's avatar

I thought it might be a reference the ETH merge, perhaps launching earlier than expected.

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btfpl's avatar

Seems too exact and think most optimistic eth devs think September are earliest. I guess it could be a sale of a business but I thought they sold off all that already?

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btfpl's avatar

gotcha - was thinking it was just timing for when the next move up will begin for some macro reason

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BowTShrike's avatar

Encouraging people to start businesses centered around Tarot and other spirituality now makes even more sense. It's helped you forge the connections and build the spiritual base necessary to perform the voodoo on the markets.

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BowTiedCapybara's avatar

There are people out there hoping for btb ritual to go wrong so they can buy high

Great post

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May 17, 2022
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Harmonicpinch's avatar

I think it's just that given the fact that rates are going up, does that discount the risk of btc differently compared to other assets and USD so that the price simply can't hit that 100k that we all assumed last year?

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BwTdFmlyGy's avatar

Does your substack have a search function? For instance-I want to search every time the term, ‘air drop’ has been used.

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Scott's avatar

it's on their homepage, next to "New, Top, Community"

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Conviction's avatar

This post could not be better-timed with the current Telsa stock 'crash'.

Removal from the ESG index? Musk potentially having to temporarily sell some stock to fund buying the online public square? Short-term supply issues?

Good or bad risk.

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2Sovereign's avatar

Does this mean that Miami Coin with the 145% STX return is also a ponzi?

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Corleone's avatar

Hey BTB. Phenomenal article.

Would like some input regarding TESLA vs Index Funds.

I'm 23 and I'm pondering around if going all in TSLA would be better than splitting capital 50-50 between index and tsla.

Thanks again.

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Corleone's avatar

If any chads in here has some input feel free to comment :)

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BowTShrike's avatar

Neither.

Invest in yourself so that you have high enough cashflows where 'either/or' isn't a question. People wagering $100k+ on a single asset aren't torn between index funds and TSLA.

spend a fraction of your cash for investment on Opossum, Tetra, Firefox and SalesGuy's content and then act on it.

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Corleone's avatar

Thanks for the beautiful answer man, appreciate it.

Just to clarify, who is FireFox :)

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pcb3's avatar

BowTiedFox, the resident tech guru

https://bowtiedfox.substack.com/p/dev?s=r

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Merkle Trees's avatar

You wrote, "Shocking, but even the 8% yield on ETH staking is a high risk venture!" WHY?

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Ai Bro's avatar

Joe Average > Griptoe Joe

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May 17, 2022
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BowTied Bull's avatar

The BTC collateral was sold.

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May 17, 2022
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May 17, 2022
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BowTied Bull's avatar

Go look up the reserves in DAI and come back...

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May 17, 2022
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BowTied Bull's avatar

Gonna give you a pass here but we already covered this. DAI is backed by USDC

https://decrypt.co/84958/ethereum-primary-collateral-decentralized-stablecoin-dai

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BowTied Bull's avatar

There is nothing passive aggressive, the DAI is backed by another stable coin.

BTC cannot be used to back a stable unless with a reserve ratio because if the price goes down the peg breaks

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May 17, 2022
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BowTied Tarzdan's avatar

People wait until their teens to start coding? Freaky

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