curious
822 posts


When Gensler left the SEC in January 2025, Bitcoin was at 109k. Today Bitcoin is at 75k.
One major reason the crypto markets have suffered is because market participants started to lose faith in the industry itself.
After Gensler left, it essentially just opened the floodgates to the grifting age of crypto, where influencers and politicians were launching memecoins and rug-pulling their followers each and every day, without fear of any repercussions. This led to a massive misallocation of capital into useless assets that drained liquidity from the industry.
While people celebrated Gensler leaving, it actually marked a turning point in the industry, with Bitcoin only marginally going higher before entering a bear market.
Now that people celebrate Powell's removal as chair of the Federal Reserve, it makes me think history will repeat itself once again.
People celebrate it in the short-term, but as we look back on this era in a few years, I imagine it will mark a major turning point in credibility at the Fed. If the Fed just becomes another cabinet of the executive branch, it may lead to a lack of trust in the institution itself.
Perhaps many will look back in a few years and realize that markets were better off with Powell than without him.
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@basispointpod @stevenfiorillo He looks like Dan Ives with a wig
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The U.S. government has to refund $166 billion in tariffs, PLUS interests.
Trump said he would be paying Americans checks from tariffs and eventually even replace the income tax.
So now not only are you not getting DOGE checks after he cancelled DOGE, you’re not getting tariff checks and paying the interests back on tariffs collected.
And you are also paying $2 billion a day for Trump and Netanyahu’s war in Iran.
And you are paying on avg $4 per gallon gas and inflation is rising again.
The lack of humility and understanding the struggle of regular Americans is astounding to me.
Trump and his lackeys demand loyalty and name call and bully yet Americans struggle more and more.
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@BrettKollmann Come on man! He played out of his mind for a terrible team. I bet the Chiefs will be delighted to sign him for money to Backup Mahomes as he is recovering from his injury
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I aspire to have the self-confidence it takes to lose 11 out of 12 starts and then sit out the following offseason because I want more security.
Ian Rapoport@RapSheet
Sources: #AZCardinals QB Jacoby Brissett is not attending Phase 1 of the offseason program and is asking for an extension that pays him as the starter. Brissett, set to make $9.06M in ‘26, has only $1.5M in guaranteed money and wants security. AZ appears willing to address it.
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🚨🚨THIS IS WILD🚨🚨
Mike Florio REFUSED to let Chris Simms say what coaches and their wives have been telling him about #Patriots HC Mike Vrabel and Dianna Russini.
😳😳😳
WOW. WOW. WOW. x.com/HAAHAHAHAH8674…
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Uh Oh: Mike Florio explains NFL insider Diana Russini and her relationship with Patriots HC Mike Vrabel.
“The reporters use their platform to do favors for their sources. This is a different manifestation of the same behavior. At the end of the day you’re compromising your integrity and you’re undermining your own credibility in order to protect the free flow of information.”
😬😬😬
(via @ProFootballTalk)
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Exactly
Dave Hawkins@DaveHawkinsX
@davidsenra @tobi Every time I listen to Bernie Sanders, I think of the pie. He is worried about slicing the pie and distributing the crumbs to everyone. I always ask, why not just bake 10 more pies? Abundance means not having to slice the pie, but instead, share or give away what you can’t eat.
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@BMNRTracker Just to be clear - they have increased the buyback from 1 to 4 billion. They will not do the buy back all at once
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$BMNR $4 billion share buyback program!
If $BMNR is trading below NAV, they will buy back shares.
One of the largest buyback programs announced this year!
"Bitmine's expanded $4 billion buyback reflects our commitment to shareholders. There may be a time in the future when Bitmine shares are trading below intrinsic value, and the Company wants to be in a position to accretively retire common shares." - Tom Lee

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@optionscjp $2500?
7.5 Trillion Dollar Valuation?
my brother in christ, are you smoking crack?
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I am honored and grateful to be appointed by President Trump to the President’s Council of Advisors on Science and Technology (PCAST) and to be named Co-Chair along with OSTP Director Michael Kratsios.
PCAST is the principal body of external advisors tasked with shaping science, technology, and innovation policy for the President and the White House. Thirteen of the world’s most accomplished leaders in science and technology will join us as this PCAST’s initial members. Together we will make policy recommendations to ensure that America leads—and wins—in artificial intelligence and other cutting-edge technologies.
I look forward to working with the initial members: Marc Andreessen, Sergey Brin, Safra Catz, Michael Dell, Jacob DeWitte, Fred Ehrsam, Larry Ellison, David Friedberg, Jensen Huang, John Martinis, Bob Mumgaard, Lisa Su, and Mark Zuckerberg.
Thank you to President Trump for his visionary leadership on technology policy which attracts the top luminaries in their fields to serve. It is an honor to be part of this distinguished group.

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@ZacksJerryRig @elonmusk I am sure Elon will take care of it with the DOGE refunds
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@APompliano thinking is not really your jam. stick to schilling. its gotten you this far.
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@Investanswers @iliketeslas That is an incredibly stupid statement.
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@iliketeslas agree the female driver was not on FSD when she did that.... I reckon she was trying to kill herself and the baby
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