Jack
35.3K posts

Jack
@JackBitcoin
Bringing calm & rational macro analysis to Bitcoin, crypto, and traditional markets | Unc | God is good, 👨👩👧👦 is Joy, #Bitcoin is 👑

And there it is: Jane Street was behind the 2022 crypto winter, destroying Terraform by first depegging the token and destroying the ecosystem, then pretending it would rescue Terra, while effectively it was soaking up what little value remained.


it’s Friday night in 1997 your three best friends are over and you have four N64 controllers a fresh cheese pizza and two liter bottle of Cherry Coke is on the kitchen table you just unlocked Oddjob as a playable character life is good



Agreed Bitcoin cannot sustainably be both: a low multiple asset (1.8x peak cycles), and a high drawdown asset (50%+ bear markets)


Bitcoin's first god candle is -$10,000 🤣














