CryptoRant.eth ✌☮

Devil is in the details : BlackRock wants to hard fork Bitcoin in order to control the Bitcoin network This is fucking 2017 hash war again - which Bitcoin fork is the “real Bitcoin” You bought ishare Bitcoin etf thinking you bought Bitcoin, instead BlackRock sold you Bitcoin Satoshi Vision

I’m on week five of trying to vibe code a replacement for some dumb saas that we use and it’s so incredibly frustrating that I’m slowly realizing it’s actually a quite complex and thoughtful piece of software.

🚨: Scientists have detected a "giant laser" coming from 8 billion light-years away, and the signal is so strong that it continues to appear in telescopes on Earth

The Israeli parliament debated whether raping Palestinians was legitimate, after IDF soldiers raped Palestinian doctors on camera until they exploded intestines, ruptured rectums, and broke their ribs. Israeli leaders, rabbis, and TV hosts praised and glorified the rapists. IDF soldiers who raped Palestinian detainees held a press conference bragging they’re still free, shouting, “We will win!” And the military prosecutor who “dared to investigate the rape, was detained and fired.

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Just in case Gen Z is trying to understand what happened today: Claude was mogging OpenAI for weeks. Then this gymcel dev ships Clawdbot which was the fastest growing OSS thing ever, absolute looksmax for the whole ecosystem. Anthropic tries to dairygoon him with legal. Dev renames to OpenClaw. OpenAI slides in like a foid-pulling Chad with acquisition interest. OpenClaw gets acquired by OpenAI. Now Anthropic is getting jestergooned by the entire timeline and OpenAI is gigamaxing off their fumble. Anthropic could've just let him cook. Instead they went full moid and got outframed by the jestermaxxers at OpenAI.

todays snapshot coinbase ad

So here’s the issue you get influencers like this guy have a quarter million followers and they claim they don’t know why it is declining… it’s because they don’t understand basic mechanics of price discovery. They don’t understand that the marginal buyers or the float determines price they think the onchain bitcoin is that is the price discovery Well, it was once upon a time but now.. Once you can synthetically manufacture the supply, the asset is no longer scarce and once scarcity is gone, price becomes a derivatives game, not a supply-and-demand market. This is exactly what has happened to Bitcoin. This is the same structural break that occurred in gold, silver, oil, and eventually equities once they became derivatives-dominated. The original premise that no longer exists Bitcoin’s entire valuation logic was built on finite supply (21M) and inability to be rehypothecated. That died the moment: •Cash-settled futures •Perpetual swaps •Options •ETFs •Prime broker lending •Wrapped BTC •Total return swaps were layered on top of the chain. From that moment forward: Bitcoin supply became theoretically infinite. Not on-chain in price discovery. The metric that explains the collapse Synthetic Float Ratio (SFR) Once you can synthetically manufacture the supply, the asset is no longer scarce — and once scarcity is gone, price becomes a derivatives game, not a supply-and-demand market. That is exactly what has happened to Bitcoin. This is the same structural break that occurred in gold, silver, oil, and eventually equities once they became derivatives-dominated. Why Wall Street can now “trade against” Bitcoin They do exactly what they’ve done in every commodity market: 1.Create unlimited paper BTC 2.Short into rallies 3.Force liquidations 4.Cover lower 5.Repeat They are not “betting” — they are manufacturing inventory. The same 1 BTC can now support: •An ETF unit •A futures contract •A perpetual swap •An options delta •A broker loan •A structured note All at once. That is six claims on one coin. That is not a market. That is a fractional reserve price system.