Deathcab Capital

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Deathcab Capital

Deathcab Capital

@deathcab

Evil speculator. Austrian economist. Cycle theorist. Market trends and analysis. Bitcoin Ex Machina.

Paper St. Katılım Mart 2014
659 Takip Edilen4.6K Takipçiler
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CE@chrisezobor·
@deathcab @Barchart Are you suggesting that FOMO created excessive leverage in PMs that are now margin-called by high inflation expectations due to rising oil price from the Iran war? Almost every asset classes are going through the same unwinding; it's not limited to silver.
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Barchart
Barchart@Barchart·
BREAKING 🚨: Silver Silver down more than 28% this month, on track for its biggest monthly loss in 46 years 📉📉
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Deathcab Capital
Deathcab Capital@deathcab·
@lopp Open but not gullible. The "technological progress" is where they're hiding all the inflation.
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Jameson Lopp
Jameson Lopp@lopp·
Maintaining an open mind and sense of curiosity will take you a long way as technological progress accelerates. Close your mind and get left behind.
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Watcher.Guru
Watcher.Guru@WatcherGuru·
JUST IN: Elon Musk says "AI content will vastly exceed all human content."
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Deathcab Capital
Deathcab Capital@deathcab·
@MartyBent So in other words your “pristine collateral” is given a higher borrowing rate than just using cash. That’s like a HELOC offering a worse rate than a personal loan.
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Marty Bent
Marty Bent@MartyBent·
This is massive. I just took out a mortgage using bitcoin as collateral (not from Coinbase, though I love to see them roll this out) and I can’t tell you how much of a relief it was for me and my wife. These products are going to be insanely popular. Not priced in.
TFTC@TFTC21

Five years ago, telling your mortgage lender you owned Bitcoin was a red flag. Today, Fannie Mae is backing home loans where Bitcoin IS the down payment. That's not a crypto startup. That's the U.S. government's mortgage backbone treating Bitcoin as collateral with the same protections as a conventional 30-year home loan. Here's what changed: 41% of American families fail to buy a home because they can't scrape together the cash for a down payment. Not because they're broke. Because their wealth is locked in assets they'd have to sell, triggering capital gains, paperwork, and a tax bill that eats the down payment itself. Bitcoiners know this trap better than anyone. You're sitting on life-changing wealth and the system punishes you for trying to use it. This product eliminates that wall. Pledge BTC or USDC as collateral, receive a loan for the down payment, keep your Bitcoin, pay no capital gains. Rate is 0.5 to 1.5 points above standard depending on borrower profile. The key detail: no margin calls. No collateral top-ups. If Bitcoin drops in value, the mortgage terms remain unchanged and no additional collateral is required. Market movements alone never trigger liquidation. The only liquidation risk is a 60-day payment delinquency, same as any conventional mortgage. This is how billionaires have operated for decades. Borrow against assets, never sell. Private banks built empires on this model for the ultra-wealthy. The difference now: it's available to anyone holding Bitcoin on an exchange. The real story isn't the product. It's what Fannie Mae's involvement signals. A government-sponsored enterprise formally underwriting Bitcoin-collateralized debt means the U.S. housing system no longer views Bitcoin as speculation. It views it as wealth. That's a classification shift that took 15 years to happen and will be impossible to reverse.

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Deathcab Capital
Deathcab Capital@deathcab·
@Pledditor I’ve been curating for a decade. Even that doesn’t work anymore. The algo was trained to promote the slop and the users were trained by the algo to write it.
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Pledditor
Pledditor@Pledditor·
The twitter algo favoring "BREAKING" and "JUST IN" clickslop is a solid 50% of bitcoin twitter's decline. If making good bitcoin content was actually rewarded by the algo, you'd be seeing way more of it. That's why I highly recommend curating your following list.
Bryan@Bryan10309

The bitcoin space seems to have lost its vitality. No HODL or 6.15. The memes suck. The new generation of bitcoiners are ETF holders and don’t contribute much. Podcasts are just on recycle and repeat. No fresh takes. For the record, I am still here. Running two nodes. Self custody, sovereign as possible. Also, despite it all…I remain bullish. What happens to Preston?

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Deathcab Capital
Deathcab Capital@deathcab·
Is anyone else seeing the pattern here? The "new amazing AI thing with zero profitability or use cases" is dead. Long live the "new amazing AI thing with zero profitability or use cases. Didn't we just do this with 100k useless crypto coins?
Sora@soraofficialapp

We’re saying goodbye to the Sora app. To everyone who created with Sora, shared it, and built community around it: thank you. What you made with Sora mattered, and we know this news is disappointing. We’ll share more soon, including timelines for the app and API and details on preserving your work. – The Sora Team

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Cookie⚡
Cookie⚡@Bitcoin_Cookie·
Most people choose convenience over control - they want things to just work quickly, without having to tweak or configure. Linux offers a huge amount of flexibility and power, but that often comes with a learning curve, which tends to appeal more to enthusiasts and those who enjoy getting under the hood.
kritika@vibeonX69

If Linux is so great why do most people still avoid it?

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Deathcab Capital
Deathcab Capital@deathcab·
$30tn gold market trading like a shitcoin.. I thought bitcoin “isn’t a store of value” because “it’s too volatile.”
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Deathcab Capital
Deathcab Capital@deathcab·
We can't create it today. Show a Playstation 5 to a puritan settler in the 1600's. They'd burn you for a witch. Who can say what can be created in 100, 1000, 10,000 years. Now compare that to the age of the universe.
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Peder Pederson
Peder Pederson@pederskoj·
@deathcab @michaeljburry But we can't create VR that's indistinguishable from the real world. That means we're either the first generation or the last, which means the whole theory falls apart from a probability perspective.
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₿ Isaiah ⚡️
₿ Isaiah ⚡️@BitcoinIsaiah·
@cbspears I randomly ran into her at that years conference 😆 She did look confused af
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cbspears ◉
cbspears ◉@cbspears·
Haliey Welch absolutely dunks on The Bitcoin Conference
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Deathcab Capital
Deathcab Capital@deathcab·
I don't know what it's going to take for the world to ditch this debt-fueled "immediate results" speculative fervor, and return to a real growth, real wealth & savings mentality that's actually sustainable... But I know Bitcoin will be at the center when it happens.
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Deathcab Capital
Deathcab Capital@deathcab·
Meta lit $80bn on fire for the Web3 / Metaverse fad. Now they're spending $200bn on AI infrastructure and development. As if we needed more proof that AI is a bubble. Facebook hasn't innovated since Facebook.
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Mark Harvey
Mark Harvey@thepowerfulHRV·
Central banks only hold ~$34T of capital, but #Bitcoin's TAM is $900T+. Bitcoin can easily 10x even without central bank adoption. Chamath's argument here does not make sense.
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