Entropy

$BTC hit ATHs for one reason: supply/demand dynamics. When you have an asset with declining supply growth, any structural increase in demand will cause booming price action. ETF and corporate demand led Bitcoin to $100k. But what gets us to $200k+? Policy action. And that process is in motion. Policymakers, founders, and change agents alike convened in New York City this week to hear from Mayor Eric Adams, discuss a regulatory framework for crypto, and highlight the key policy pain points that have kept the industry strangled for far too long. Let's discuss.

@SinceImBored Spoken from the man that brings out the most feral side of those that go out with him 😂😂

GN - Clubs are so much better when you just go and hang out rather than act feral.

@SinceImBored Lmaoooo

I am the captain now.

I predict that Proto's Rig will outperform all of the competition in hot climates because of these design choices. This is a huge deal if true. Bringing air cooled mining into larger operating envelopes is incredibly important for decentralization. /5

we want bitcoin to become p2p electronic cash and everyday money, as it was designed to be.

$XYZ is the only full stack $BTC company - Square: Bitcoin payments - Cash App: exchange and lightning compatible hot wallet - bitkey: self-custody / cold storage - Proto: bitcoin mining infrastructure There’s no way around it. If you believe in bitcoin you believe in block.

100% agree every conversation was one of substance and value with real builders, thinkers, and changmakers. Real ideas, real policy changes and real fun. I’ve not been in the crypto sphere for long but could feel the energy bursting through the seams at the event. It was a pleasure to attend.

Breakdown of the NYC crypto summit: Of all the crypto events Iv attended (too many), the feed back Iv received has been consistent with the NYC crypto summit being the best event to date and I agree. Every single conversation was of substance, value, and innovation. From legislators, policy makers, major banks, family offices, web3 companies, influencers, and more - People didn’t care to talk about hitting a 100x or the beef/drama, they cared about meaningful connection, ideation, and how to assimilate and integrate our beloved industry with cities, states, countries, and the general population. The amount of money present was something Iv never seen under one roof, all in support of our industry. Starting the day off was an exclusive round table with hand picked attendees tasked with taking questions and discussing at round tables in a group to create the best ideas, reform, policy, and more. Some giga brain ideas came about and were presented at the end of the session to lay a foundation for the city to run with. After this portion of the day the event transitioned into a reception. All 800ish reception attendees made it a point to contribute to a conversation, network, educate one another and innovation. It was incredible and Iv never seen something this high level or effective at a single event. (Side note: Iv never seen so many crypto folk in full suits and ladies dressed to the 9’s.) The biggest things to come from this and the mission moving forward. - Crypto council for NYC - Remove BitLicense - Stand up for New York Residents - Incentive Entrepreneurs/Business to Build in NYC - Become the true crypto capital There’s a lot of work yet to be done and this was just the start, but I’m confident after spending countless hours working on this with Mayor Adams that we can make this all a reality.

@PeterSchiff God you are truly fucking retarded aren’t you? Take a look at any other meaningful time frame

Since the first day of the Las Vegas Bitcoin conference last month, Bitcoin is down about 7.5%, while silver is up about 7.5%. So, attendees would be 15% better off had they sold their Bitcoin the day the conference started and bought silver, the only real alternative to gold!

He tried for four months to create something that actually benefits Americans to no avail And now the bills adds $4T to the already outsized deficit. This helps no one. It’s how great nations fail. By debasing the currency quicker than economic growth can subsidize the debasement.

Just wondering—if @elonmusk doesn’t like Trump’s “big, beautiful bill,” does he have one of his own? Or is he willing to create something that actually benefits the American people? Because it’s easy to sit around and complain—harder to bring real solutions to the table.

Convinced that people don’t understand that when there’s a buyer there’s also a seller in markets

@Pledditor Agree - introducing a ton of counterparty risk into the system. It’s only a matter of time until one these things blows up and drags the crypto market down with it.

The assembly line of these BTC treasury companies are going to keep going until MSTR's mNAV <1. Once that happens, that will be the signal that we've created a massive oversupply of BTC stonk IOUs, and the insiders and board members who got an early allocation in all these "alt-MSTRs" will start dumping. The class of 2025 gets trapped in a bunch of GBTC-esque NAV disasters, while the insiders cash out as billionaires. There's just too much fast money to be made by opportunists for this to end in any other way. Something nobody talks about is that many of them have correlated ownership. Metaplanet, Matador, Nakamoto, HK Holdings, etc.... are all owned or controlled by David Bailey/BTC INC. Having the same insiders for all the competition creates bad incentives for shareholders. When the rug gets pulled on those companies, it's likely going to be sudden, swift, and all of them at once.

Full clip of Miles Suter of Block $XYZ at the $BTC Bitcoin conference. My favorite quotes from the talk… “These aren’t just headlines, they’re a pattern. Again and again, block has made early, principled bets on Bitcoin.” “It’s already a network, it’s already a protocol, and now Block is leading the effort to make it into the world’s best payments system.”

Do you get it? $btc $tlt First BTC overtakes USD as a savings mechanism. Then it overtakes it as a spending mechanism.

All of your banking data is also covered by RSA encryption and equally at risk - the issue with quantum isn’t specific to Bitcoin. The issue with quantum is that it breaks the internet as we know it.

*taps sign* $XYZ

@bryan_johnson Based

last bitcoin halving is in 2140 i’m gonna be here for that and make sure you are too

@eyezenhour @SinceImBored Regulatory builders, I like the concept a lot

In this presentation, I talked about the types of builders Mainly, technical and community builders But there is another very, very important type of builder right now in crypto... REGULATORY BUILDERS Last night at the Digital Asset Summit in NYC, it was a pleasure to meet many regulatory builders Guys from Super PACs, attorneys working in DC pushing crypto legislation, and key facilitators Along with the Mayor of NYC and CTO of NYC who are both pushing boundaries with crypto in the world's financial hub (supercycle super-real) HUGE shoutout to a regulatory builder and legendary facilitator @SinceImBored for organizing this event and bringing so many key players into one room Elite level builder who's pushing the greatest city in the world forward on so many needed fronts Bored, thanks for inviting me and many others. Keep crushing it legend! Empire State of Mind 🏙️

I love the structure that $MSTR has built. Financialized Bitcoin. Using modern financial tools to maximize $BTC accumulation. Concurrently, seems that he’s set in motion a mindset where anyone thinks they can replicate the system. Net leverage is getting higher & higher. We can go much higher - but I’m calling that these types of structures will cause the next bear market.

Top Crypto Narrative Unveiled at NYC Summit (Investors Must Watch!) $Ondo $Link $Pin $Plume