TrimBot ✂️ 🤖

The problem with crypto is that the tech and use cases are real but the valuations are retarded. We are in the 8th or 9th inning of this cycle. TradFi is not only buying our coins, they are actively embracing the technology with government approval. There is no doubt in my mind that adoption of blockchain will grow exponentially over the next few years, but valuations are already near their peak and almost entirely based on speculation. Most people struggle to understand how both things can be true. We are still in the early innings of blockchain adoption, but at the same time we are in the late stages of speculative investing. The most lucrative part of the cycle is still ahead of us. We are about to enter the delusional euphoria phase where gains come quickly and irrationally. My view is that we will see one final blow off top on alts, similar to November and December of 2024, followed by a long and miserable bear market for the majority of projects. A few exceptions will thrive, but most will bleed. Now is the time to start contemplating your exit plan. If you have made life changing money this cycle, secure your freedom and do not get overly greedy. This is not me calling the top. It is me telling you that we are close to the end. As always, this is just my current mental model. Strong opinions, but loosely held. I am open to being wrong and changing my mind. Just sharing my current thinking.

@chumbawamba22 Why would they ban the privacy coin with a backdoor?

@deangenerate0 @okzlymc I’ve answered it many times. I deleted all my altcoin posts when I called too and said that I was planning on selling all my alts and focusing on Bitcoin.

@okzlymc @Trim_Bot This is a valid question

The first wave of a big crypto trend usually gets the direction right, but the problem slightly wrong. Tokenization was obvious because financial assets were going to move onchain. The first wave focused on the assets themselves: stablecoins, treasuries, funds, credit, real estate. But the bigger unlock was not just creating onchain assets. It was making those assets usable by real capital through distribution, liquidity, compliance, trust, servicing, and buyers. Bitcoin finance feels similar now. The direction is obvious: people want to do more with BTC than just hold it. Borrow against it. Earn on it. Finance with it. Use it as collateral. So there will be a lot of Bitcoin financial products. That is the natural first wave. But the bigger unlock is not simply more products around Bitcoin…It’s Bitcoin becoming useful as collateral for a much larger market. That requires the market around it to become deeper, more liquid, easier to price, and easier to underwrite. Making BTC productive is the first step. But the real unlock is making Bitcoin collateral reliable enough for large markets to form around it

@guywuolletjr @ArchNtwrk coded post

Existing DEX liquidity isn't the moat. Users are the moat. As more and more traditional markets become available onchain the hard problem becomes building a cross margin engine to support the wide world of onchain asset.

@chumbawamba22 accumulate USDT before the repricing

@thsottiaux I’m constantly hitting my rate limits for Codex after 2-3 days of use/week. I have the top plan. In the past when you’ve reset rate limits it hasn’t reset mine. I do use it a ton, but wondering if there may be some issues causing me to max limits fast? DM?

@david_seroy @proofofmud Totally. Not saying the bridge is insecure. Just saying repo pricing cares about more than bridge security…there’s other dependencies that have to be priced. Doesn’t mean it’s bad. It just means it’s not zero-haircut collateral.

@Trim_Bot @proofofmud Good thing we have the highest security, lowest trust BTC bridge that can be built without a soft-fork.

Repo, repo, repo. This is the kingmaker. No one in DeFi has captured it. This is a north-star for us. Winning repo requires three things: isolated risk, hyper-efficient liquidations, and low counter-party pristine collateral. If your favorite DeFi protocol is second best at any, you lose. — In theory, creating on-chain repo is simple: post collateral (Treasuries), borrow dollars (Aave / Morpho). In practice, it’s ruthless. Virtually all DeFi solutions fail at least one aspect: • If your collateral introduces counterparty risk ("hello RWA's & wrapped assets) → you lose. • If your liquidation engine caps at 90% LLTV → you lose. • If your borrow rates aren’t best-in-class → you lose. • If your bridge isn’t truly trust-minimized → you lose. • If you need token incentives to make it work → you lose. Repo works because the inputs are perfect: pristine collateral + ~zero haircut. That’s the bar. — The winning stack, as far as I can tell: • Morpho V2 creates isolated risk vaults, exclusively with Bitcoin as collateral. Capital is deployed into BTC backed loans across a variety of longer duration, fixed maturities, for higher yield. This effectively creates natively on-chain fixed income instrument I'm calling a bitcoin collateralized loan obligation. No other protocol can isolate risk, do fixed maturities and create this type of fixed income instrument like Morpho V2 can. • Fluid can take the Morpho V2 LP positions (Bitcoin CLO's) and enable looping. Fluid's Smart Debt gives it a lower borrow cost than other money markets. Further, Fluid can do theoretically 98% LLTV because of batch ticks and shared liquidity layer. No other protocol can do this afaik. — That’s the stack: Morpho → best in-class isolated risk + BTC-backed fixed income instrument. Fluid → best-in-class capital efficiency + liquidation engine. Alpen → best-in-class trust-minimized BTC — Together, they’re the only path I see to actually competing with repo on-chain. I challenge anyone to show me what can be better.

@david_seroy @proofofmud It’s a subtle point but the repo collateral is priced by how reliably it can be closed out under stress. When liquidation means selling bridged BTC into DEX liquidity, the lender has to underwrite bridge risk, redemption risk, and basis risk. That risk becomes a haircut.

@proofofmud Ok. So if DEX liquidity runs dry, N/N bridge path is down, atomic swaps don't want to make money, cross-chain bridges are hacked, and CEXes are dead....then yes I agree liquidators would have to hold collateral on the L2 until slow bridge processes.

Bitcoin’s next era is not about bringing DeFi to Bitcoin...It’s about Bitcoin entering its ProFi era. Not by importing the old stack, but by building the infrastructure serious collateral and serious markets actually require.

@thsottiaux Mine didn't reset?

Hi! To celebrate its 1-year anniversary, I have allowed Codex to reset its own rate limits across all plans. Enjoy all the new features.

The last decade was about making Bitcoin more accessible. The next frontier is making it more productive. But the real question isn’t whether people want yield. It’s whether Bitcoin can support real financial activity at scale. That requires infrastructure, not just products.

@Lion7Flash @Champagnepapa16 @ForgivenRWAs @GunnisonCap "this entire time" ive been dumping on them? I sold my tokens like a year ago dude

@Trim_Bot @Champagnepapa16 @ForgivenRWAs @GunnisonCap You didn’t have an issue being loud and aggressively shilling it while avoiding difficult questions when presented, instead you claimed FUD. I guarantee the majority of the community is expecting you to come back in the telegram when this entire time you’ve been dumping on them.

@Lion7Flash @Champagnepapa16 @ForgivenRWAs @GunnisonCap How many times did I tell people if they don’t deliver by September I’m out? How many times did I tell people I think alts are cooked and I’m planning on selling? Would you have rather me loudly and aggressively leave the project?

@Trim_Bot @Champagnepapa16 @ForgivenRWAs @GunnisonCap Please, you silently left and now are trying to salvage your account so you can shill some other pump and dump you get involved in.

@mrgodking1 @ForgivenRWAs @GunnisonCap This guy is crashing out and blaming me for what the CEO did a year after I sold my tokens?

@ForgivenRWAs @GunnisonCap @Trim_Bot

@Champagnepapa16 @ForgivenRWAs @GunnisonCap I understand why he thinks that, but I didn't clear my tweets because of an alt lol. I sold a long time ago, well before they minted new tokens. I shared my evolving feelings about the project after I changed my view. Normal people adjust their views based on new information.

@ForgivenRWAs @GunnisonCap @Trim_Bot trimmmmmmyyyy boyyyyyy where you attttttt

@CL207 @stevehou People are going to be shocked by how radically VR changes society over the next decade, especially with the intersection of AI

@stevehou nah its simply 10 years too early these are opinions and people shitting on zuck whos not spend time a vr headset in an vr setting where you interact with other vr characters with a human behind it that is when the magic really clicks and all the science make sense

“Hassabis administered a subtle test on him. The two men discussed the potential of AI, and Zuckerberg expressed appropriate excitement. But then, as the dinner continued, Hassabis brought up other hot technologies: virtual reality, augmented reality, 3-D printing. Zuckerberg sounded equally excited about all of them. ‘That told me what I needed to know,’ Hassabis said.”

@gumsays @WazzCrypto How do you have $1M of buybacks per day no matter how dead the trenches are and somehow have a token that all goes down hrmmm soo curious

@WazzCrypto The reason is the $1M in buybacks per day and 30% of the supply already bought so far, that should count for something how does 30% of the supply get bought up with no unlocks (supposedly) and the chart is this?

i don't fucking understand how pump does the same buybacks as hype yet this is the chart they already bought 30% of the supply man wtf

@virotechnics @flocko Noooo you don’t get it I’m the only person immune to propaganda which is why I believe everything that fits my preconceived anti West bias

It’s very sad that a lot of wealthy Gen Z are going to lose everything trying to bet against America for no reason other than their failure to understand the concept of Hegemony & falling victim to some form of Chinese propaganda Check yourself before your wreck yourself fellas

@flocko No its a win win for them because they're delusional and have an eternal boogeyman

@Trim_Bot yea I don't think I've ever seen such a disconnect with the actual happenings on the ground vs what people here are consuming and believing they're gonna have to institutionalize trading axe and friends by the end of April

I genuinely can't believe i'm allowed to trade against people who think the US is not completely annihilating Irans military and regime infra to rubble lol there is endless free money on the floor for anyone with a couple clicking brain cells