terence
3.4K posts


None to short—this PCAST lineup of tech leaders is built to drive US innovation leadership and workforce wins in emerging tech. Expect upside for associated stocks like NVDA (Huang), AMD (Su), META (Zuck), ORCL (Catz/Ellison), DELL, GOOGL (Brin), COIN (Ehrsam), OKLO (DeWitte). Not financial advice.
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@1914ad @JamesKhoroshin But then this will also become the excuse for more surveillance.
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@JamesKhoroshin Maybe this will somehow hasten Proof of Reserves requirements.
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Indeed, Idiocracy is happening much faster than expected
cinesthetic.@TheCinesthetic
Idiocracy (2006) gets funnier every year. Fox had no idea how to market it and barely released the film, which accidentally made its satire hit even harder. A comedy that aged into prophecy.
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@SoveyX @terencesflam He has lost as much as he gained but he is honest about his intentions
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@Emmett_ @Bankless @TrustlessState @CantonNetwork And they didn't come from nowhere... they've been around for like 10 years I guess.
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@Emmett_ @Bankless @TrustlessState @CantonNetwork @Bankless Some other keywords for the Canton Network: Linux Foundation; no presale, no pre-mine; the team raised a total $447M; Series E round was led by Goldman Sachs.
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This @Bankless clip is hilarious with @TrustlessState.
Very often retail and crypto natives have never heard of @CantonNetwork and when they discover there are trillions of $$ onchain already and the caliber of firms active on the network, their jaws drop, just like David’s here when he realizes $CC is already a top 50 token.
Crypto markets have been messing around for a long time. They’re about to find out.
I’m looking forward to hearing their interview with Canton in January where they’ll learn how open and public the network is and why both institutions and crypto startups are joining.
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How the fuck is this even possible.
Lido is the largest Ethereum staking provider on the planet with 25% market share. market cap is now below $500M and they have $26B in total value locked. They have $170M in treasury and generate $75M revenue per year.
When I look at this, nothing in crypto makes sense to me anymore.
How much lower can $LDO even go?

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@DanogoFinance @nicrypto I meant: don't even think about these projects from day one. They are destined to fail.
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@terencesflam @nicrypto But if no one participates from the start, doesn’t that just leave governance to a tiny group? Balance is key, early involvement shapes the project before it’s too late.
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terence retweetledi

If you are or were validators on the network, we also suggest that you consider how to handle your commissions.
Desmos@DesmosNetwork
Although we have not yet finalized our plan, we still need the inflation (3%, equating to 7.1% at the current staking ratio) to incentivize stakers, as engaged stakers are the cornerstone of our pivot.
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@martypartymusic My thought back in mid-Nov was that the anti-US camp is selling.
x.com/terencesflam/s…
terence@terencesflam
The real trigger for the bear is the 127K BTC, originally belonging to China, being seized by the US. Most non-US countries will exodus from BTC. They have already been hijacked by USD and US treasuries over the past few decades. They will not fall into the same trap again.
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Who is the seller?
There is substantial on-chain and analytical evidence suggesting that the Chinese government (primarily through local authorities) has sold off most of its 194000 seized Bitcoin, though no official confirmation from the Chinese government exists, and remaining holdings estimates vary.
Key Evidence of Sales
- PlusToken Seizure (2019): Chinese authorities seized approximately 194,000 BTC.
- Ongoing Sales by Local Governments (2025 Reports): Amid economic slowdown, local Chinese governments have been liquidating seized crypto (including Bitcoin) through private firms in offshore markets to replenish public funds, despite the mainland trading ban. Hong Kong FX Brokers have been selling on the open market and via OTC desks.
A Reuters investigation (April 2025) documented this practice, noting sales of assets worth hundreds of millions (e.g., one firm handled over $400 million since 2018). By end-2023, local holdings were estimated at ~15,000 BTC ($1.4 billion), but total seized holdings are higher due to rising crypto-related crimes (fraud, money laundering). Proceeds are converted to yuan via banks.
Current Holdings Estimates (as of late 2025)
Sources conflict due to opacity and past sales:
15000 $BTC remained of the $194000 seized.
- Discrepancies arise because the government never clarifies if seized assets are held or liquidated, and sales are often opaque.
The buyers, Centralized Exchanges, whales and Wall Street.
This is the seller. Now understand this is insanely bullish. When this is over which IMO it is the price will return to where it left.
This explains the sell pressure every morning. This explains the buying by Saylor and ETFs and the constant depreciation.
Now stop with the narratives.
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Do you think kaspa.stream fulfills the role as the official #Kaspa explorer?
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SpaceX needs a "new story" for its IPO, according to @tmfassociates.
"Everyone was saying… Starlink is going to generate enough revenue to take Elon Musk to Mars, and now we're suddenly talking about data centers instead...
“I think that's indicative of the fact that SpaceX has missed its forecast for the last three years… they need a new story. And I think that's what data centers in space do for them."
Full episode: thein.fo/4aNXxUj
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