rugger
821 posts


Just came back to check the charts after printing in my old industry today
You fucking idiots are still in this dogshit market dealing with full retraces
Hope it’s worth it
rugger@onchainrug
I hit up my back pocket connections in my old industry today and told them I’m looking to come back They said they’d be honored to contract me back I am leaving this space for good and I couldn’t be happier FUCK crypto and FUCK trading
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Crypto has lost the plot. I'm tired boss.
This place used to be punk, but it's sold it's soul to the institutions it vowed to dethrone and has lost its identity entirely.
Crypto was intended to be an apolitical rebellion. That's been replaced with pseudo-partisanship, grifting, insider trading, and corruption from the top down.
What drew me to this place was disruption, ownership, art, privacy, truth. A chance to level the playing field. But right now it's just old dogs, new tricks.
CT has become insufferable, too. If I have to read one more fucking ChatGPT info-fi post about some protocol nobody is every going to use to farm some token that nobody is going to hold for more than 17 minutes I'm gonna blow my brains out.
Cozy in spot, and I know it's up only for [my bags] obviously, but I'm deeply disinterested in what's going on here right now. Bummer.
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Rough day in the markets- sending love
The best traders I know have lost everything 3x over
The value of what you want is in the struggle to get there.
If it didn't challenge you, it wouldn't change you and if it didn't change you, it wouldn't mean anything.
RektProof.@RektProof
When you fail, you don't start from zero. You start from experience. Failures is not the opposite of success, it's a part of success. Gm
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First major buyback in decades. regime shift signal. Buybacks = stealth QE = yield curve management.
Bitcoin-dollar collateral narrative: when fiat credibility cracks, you pivot to provable reserves.
Can’t audit gold supply:
1. National security. full audits would reveal locations, weights, purity details that could be exploited geopolitically
2. Is the gold leased, swapped, or encumbered through bullion banks? Is it even physically deliverable? Gold bugs can’t answer this.
3. If U.S. claimed 8,133 tonnes but an audit found less or bad quality bars, dollar trust would shatter instantly.
4. On Treasury books, gold is still valued at $42.22/oz (Bretton Woods era). If you re-value gold that’s political suicide. The dollar isn’t in fact backed by the full faith and credit of the U.S. government? Gold revaluation = admission that fiat failed.
Bitcoin integration can be framed as modernization, digitization, energy-sovereignty.
The optics aren’t “return to gold standard” they’re “upgrade to digital collateral for the AI/quantum/21st century economy.
Gold: no live audit, no public ledger. U.S. refusing audits erodes credibility.
Bitcoin: reserves can be proven at block time. Proof-of-reserves is a weapon the U.S. can deploy instantly to regain narrative credibility.
With gold, the U.S. can’t stop BRICS from settling trade in bullion. Shared base = diluted leverage.
With Bitcoin, if the U.S. captures the infrastructure layer (miners, ETFs, custody, clearing), it can control who gets dollar liquidity against BTC collateral. That preserves policy control, not surrender.
Dollar-on-gold = old world; U.S. is just another sovereign holding bars.
Dollar-on-Bitcoin = U.S. as the platform leader of the next reserve technology. It reframes America as the architect
Bitcoin: lets the U.S. monopolize the audit premium, hashpower security, and collateral rails in a way that enhances the dollar’s role, not replaces it.
Gold: forces the U.S. to share credibility and wealth revaluation with BRICS.
Barchart@Barchart
JUST IN 🚨: U.S. Treasury buys back a whopping $2.9 Billion of its own debt 🤯👀
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