Fred Rispoli

MAJOR CASES @hodl_law Hodl Law v. SEC (9th Cir): Is #ETH a security? ca9.uscourts.gov/media/video/?2… Woody v. Coinbase (9th Cir): @coinbase stole #SGB #Songbird from its customers (argument on 10/8/24) Vaca v. Google (Santa Clara Co. CA): @Google negligence re @GooglePlay crypto apps

@MattWalshBlog bro Noah lived to be 950 years old playa

No, sorry. You’re going to die. Very soon actually, in the grand scheme of things. You have several decades at most. In 70 or 80 years, tops, nobody reading these words right now will be alive. Most will not even be remembered. This fact is so terrifying to some people that they live every second in denial, clinging to the insane hope that somehow “science” will come along and rescue them from mortality. Even if it could — which it definitely can’t — then what? You live to watch all of your friends and loved ones die and even their tombstones decay while you linger on, trembling in fear and grasping desperately onto a life that, no matter how long it lasts, you’ve already wasted? And then you get to see the Earth decay around you and the Sun burn out ? Wow. Sounds like a lot of fun. But no thanks. I don’t need to live for a million years. I just want the time I have, however long or short, to be meaningful.

@mikealfred @kevinxu @amitisinvesting @citrini @aleabitoreddit @michaelsikand @ChrisCamillo @ChairmansLedger @cantonmeow “@jiahanjimliu = best $IREN poster” sad day for me when I realize Mikey was just getting his IREN alpha from Jiahan J. Liu

@kevinxu @amitisinvesting @citrini @aleabitoreddit @michaelsikand @ChrisCamillo @ChairmansLedger @cantonmeow Appreciate you not mentioning me sir! 🙏

best 18 traders to follow on X: @amitisinvesting = finX king @citrini = deep research king @aleabitoreddit = bottleneck-maxxer @michaelsikand = asymmetric king @kevinxu = swing trading king @ChrisCamillo = 8 figure king @ChairmansLedger = 9 figure king @cantonmeow = charting king @KawzInvests = AI infra king @Gubloinvestor = small cap king @CKCapitalxx = early to lots of names @jiahanjimliu = best $IREN poster @BryzonX = first to $HLIT @JKeynesAlpha = $QS king @bubbleboi = tpot finance poaster @alc2022 = great guy to inverse @Liathetrader = daily setup queen @StockSavvyShay = media mogul follow them all and learn.

@chooserich I am confident you won’t let cancer (which everyone knows your Adonis-like body will destroy) get in the way of your legendary generosity.

"Sorry to hear about your cancer. My dad has cancer too. Can you refund my loses on gambling?"

@_katetolo I’m freaking out…no way he can hit his REM KPIs, let alone his Deep Sleep KPIs, on a nap timetable. Gonna mute his X posts for 6 days until I can be sure he is back to normal brain frequency.

Bryan’s going down for a nap. He’s missing his bedtime tonight for Enhanced Games so front loading his restorative sleep

@mikealfred @dotkrueger That’s offensive. After we reach age 40, they’re to be referred to as adult briefs.

@dotkrueger You forgot to mention the part where I said because I’m a value investor I also wear a diaper just in case

"If Bitcoin goes to 10K I probably will not shit in my pants" -- Mike Alfred

@AP_Abacus Trump: I need an inside man at the Fed. Warsh: I’m your huckleberry. Trump: You’ve got one job. Warsh: Understood.

Warsh. Rate cuts (plural). Bitcoin.

@RampCapitalLLC $25 but if it’s your favorite kid then $60

Kid lost a tooth. What’s the inflation adjusted tooth fairy rate these days?

@AP_Abacus @CaitlinLong_ @jaredkate I’m reminded of it everyday when I see my $SICP position in my investment account.

@CaitlinLong_ @jaredkate Silvergate was assassinated. Never seen anything like it in my 30+ years in finance.

THE REAL STORY of the Silvergate Bank “collapse” is finally starting to come out, due to the SEC lifting its “no-deny”/“no criticism” restriction on SEC settlements this week. @jaredkate, Silvergate’s then-COO, has started to talk👇 & more of Silvergate’s side of the story will come out, no doubt. As @nic_carter has reported, Silvergate didn’t actually collapse; rather, it was purposefully demolished as part of #OperationChokePoint2.0 — and it stands pretty much alone in banking history as a bank that paid out depositors amid a bank run without sticking the FDIC’s deposit insurance fund with losses. I’d already learned what happened from a different insider who was at the table back then: the insider witnessed the Fed ordering Silvergate to de facto liquidate by ceasing to service the crypto industry, the “voluntary” announcement of which started the bank run. The insider named names, and a senior Fed official later asked for that list of names (note: many of the people have since left the Fed or no longer in senior positions there). I can’t wait for the interviews of Silvergate executives who previously couldn’t talk but can now. I hope @MaxfieldOnBanks runs with this — he did a big analysis of the Silvergate story a few years ago and figured out that the mainstream narrative wasn’t correct. I look forward to hearing more from the execs, who successfully liquidated a bank under extreme bank run pressures. Are you ready to hear what they have to say???

@EricBalchunas Back when I was 15 taking biology exams, we ended questions with question marks, damnit.

Helping my 15yr old prep for biology final exam. It’s like another language. Just curious if anyone knows the answer to this one? (Every q is like this)

@mikealfred @Z06Z07 In full disclosure though, you eat concavity for dessert on occasion.

@Z06Z07 This I why I bought 500,000+ shares. I eat convexity for breakfast, lunch, and dinner every single day.

The smart money knows this. - Liquidity is the enemy of convexity. - Scarcity is the friend of convexity. STRIVE ($ASST) vs STRATEGY ($MSTR) People are massively underestimating how structurally different these two setups now are. ASST: • ~$1.24B market cap • ~15.4k BTC • 1.37x mNAV premium • ZERO debt • Perpetual preferred capital (no maturity wall) • Functioning preferred ATM • Daily dividend preferred structure incoming • ~73M share float (SCARCITY) ASST options complex is completely insane: • ~$2.53B CALL open interest • ~$145M PUT open interest • Put/Call ratio: 0.057 • Total options exposure >2x entire equity market cap MSTR: • ~$21.6B CALL open interest • ~$19.7B PUT open interest • Put/Call ratio: 0.91 • Options exposure only ~41% of market cap Translation: $MSTR is the institutional Bitcoin sovereign. $ASST is becoming a small-float reflexive convexity machine. And the market structure matters: • Smaller float • Higher short interest • Massive call skew • Cleaner balance sheet • Positive mNAV premium • Active capital formation • No refinancing risk That means marginal inflows hit a MUCH smaller bucket with ASST. People keep staring at nominal stock price instead of structure. The real question is: What happens when a zero-debt Bitcoin treasury company with perpetual capital, extreme call positioning, and a tight float starts attracting reflexive inflows? BULLISH! @mikealfred @dgt10011 @hillery_dan @Strive @nithusezni @TNorth @AdamBLiv

@isabellasg3 Say It to Me S.A.N.T.O.S.

After a year of trying to fix my thyroid problem with food, lifestyle changes, I’m tired of not seeing results. So I turned to western medicine, they gave me this pill to take for the rest of my life. Idk how to feel about this.

@nikitabier A hard work ethic

Next week I’m headed to Tokyo to meet with the X Japan team. What is the most American thing I can bring them?

@OrinKerr The solution is to increase the size of the Court but still limit opinions to a randomly assigned panel of nine. No en banc re-dos either.

Re the NYT essay below on 18-year terms for Supreme Court Justices, I have two thoughts. First, the "Framers couldn't have foreseen this" gets the point wrong. I don't think we have reason to believe the Framers couldn't have foreseen a Justice staying on the court for many decades. As far as I can tell, no one flipped out when Chief Justice Marshall was on the Court for over 34 years, from 1801 to 1835. What the Founders couldn't have foreseen is that the Court would be as powerful as it has become in the modern era. That's the problem, I think. More broadly, I'm a huge fan of 18-year terms for Justices, but just telling the NYT audience that it could be done by regular legislation is a disservice to readers. I know some people have made the argument that such reforms wouldn't require a constitutional amendment, but the argument is not a good one. As I see it, it's the kind of argument you make when you're deeply committed to an outcome and will take anything that sounds plausible. I get that this describes a non-zero number of influential people, but that doesn't improve it as an argument. Anyway, I realize this puts us in a cruddy position. Our Republic would be much healthier with 18 year terms for Justices, and yet we can't get there without a constitutional amendment that is, as a practical matter, out of reach. But I think that's where we are. nytimes.com/2026/05/19/opi…

@Bird_XRPL souls

Tell me something you’re accumulating besides XRP.

@isabellasg3 PS: I can imagine that sometimes happening in Naples Park as well. That area has changed a lot since its ghetto days in the late 1900s but things can still go down in tha streetz.

@isabellasg3 This sounds like East Naples, right? Cuz that kinda stuff don’t play in Port Royal or Pelican Bay.

I just had the scariest experience of my life. I'm visiting a friend in Naples, FL. She invites me on a walk to her brother's house in nice neighborhood, broad daylight, maybe 30 minutes through quiet residential streets. About halfway there, she turns to me. "Dude, there's a white car following us." I look back. A white BMW, hanging behind us at walking pace. I shrug it off. We're two grown women, broad daylight, beautiful neighborhood who's going to kidnap us? We keep walking. We hang at her brother's for 20 minutes. By the time we leave, it's getting dark. Around 8pm. Two blocks into the walk back, we run into one of her friends and his son. We stop and tell them about the white car as a joke. "You're not going to believe this a white BMW was following us earlier." We're laughing. They're laughing. We say goodbye and keep walking. Five minutes pass, the same white BMW pulls in behind us. We start walking faster. There are no other cars on the road. Just him. We speed up,he speeds up. I look at my friend. She looks at me. We start running. She calls her husband. He's home with their two kids asleep, he can't just leave them. The BMW keeps pace. Minutes feel like hours. Finally, a young woman pulls into her driveway. We wave her down. The BMW pulls up next to us, rolls down his window, a man, late 20s… says something we couldn't hear, and drives off. We explain our situation and ask her if she can drive us home. Now this is where the story gets crazy. My friend texts the neighbor we'd run into earlier, the one we'd told the joke to. A few minutes later, his reply comes in. He'd asked his son about the white BMW. His son told him the same white BMW has been parked at their bus stop the last two afternoons. Just sits there when the kids get off. Never picks up a single kid. We are very, very lucky to be home safe tonight. To anyone in Naples, FL please be aware. White BMW. Male driver, late 20s. Be safe out there.

@CryptoWendyO 14 years in and he was ineffective

Why did Massie lose? Wrong answers only.

@scottmelker @zerohedge They did link to your jankya** YT channel in the article (not The Daily Wolf which is more high class). This is really more on you for not reminding people to SMASH the Like button, subscribe, and turn on notifications at the start of your shows.

@zerohedge Told an interviewer. That was me, I’m the interviewer.

"A Breakthrough": White House Says Strategic Bitcoin Reserve Announcement Is Imminent zerohedge.com/crypto/breakth…

@doqholliday Asking a boomer to not think this way is like asking a cat to stop acting like a cat.

Everyone calm down for a minute. If you’re in the age bracket that is considered a “boomer”, this does not apply to all boomers. This applies to boomers that own a lot of property and their children are suffering and they choose to not help them. If you are triggered then maybe you need to analyze yourself. You want to “save the children” but you’re fine with letting your own children suffer while you live out your last few remaining years taking it easy. Do you I guess.

@shagbark_hick Black Canyon City, Arizona

I'd be curious to know what people would do in my position. If I leave NYS, where should I go? Keep in mind I: - Hate humid heat - Am and will always be a low-earner (low prop. tax more important than low income tax) - Do not fit into "normie" HVAC drywall strip-mall world - Am very Catholic and wish to go to Mass every single day if possible - Am very much a "Yankee" but alternately I do mesh well with Latinos and speak some basic Spanish - Want to be around friendly, well-read, thoughtful eccentrics (esp 'Catholic hippies') - Could do rural or urban, cold-wet or desert climate - Prefer to avoid total reliance on automobiles - Need a place where I can buy a house CHEAPLY (as in, under $100k -- $200k at the absolute most) There are compromises anywhere, to be sure. Thus far I figure I could, in no particular order: 1. Get over my hatred of hot-humid heat and move back to Chalmette, LA 2. Get over my aversion to cars and live in rural NM on the fringes of Silver City or maybe T or C 3. Try out El Paso 4. Pony up big money and try out Coos County NH 5. Try out normiedom in or near Wichita (?) 6. Live in the hood in Steubenville OH 7. Move to Tucson or maybe ABQ 8. Forget all this and just be full-blown nomadic in a boat or a bus Or, of course, I could stay in NYS, though all my friends here are leaving and I'm starting to think the writing is on the wall for me here. What would you do? I get a lot of scattershot advice on this so I figured it'd be interesting to make a thread for it.