Christian Smith
4.5K posts
Christian Smith
@csmith
SVP @ Roundtable (NASDAQ: $RTB) | Bitcoin, AI, Emerging Tech | Featured: @thestreet @yahoo @msn
📍NASH เข้าร่วม Eylül 2013
2.3K กำลังติดตาม2.6K ผู้ติดตาม
Jack Mallers, famous for filming videos in front of a giant empty walk-in closet, is spotted at BTC Prague wearing $1900 Dior ankle boots.
What happened to “Closet empty, sats stacked…”?
I’m blaming this on his fiance
h/t @ddobservations for finding the exact boot
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Christian Smith รีทวีตแล้ว
No, you don't get it.
He does not have $1 trillion sitting in cash, it is 99% stock in his companies.
To make that wealth liquid would mean selling all that stock which would swiftly destroy *both* the companies (Tesla, SpaceX, others) and the wealth. If he sold it all, he'd end up with maybe $100b max, several hundred thousand people would be out of work, the companies ruined and many of their suppliers also ruined.
Okay, but now Elon has $100b in cash, and can "solve the world's problems".
$100b divided by the world's 8 billion people is $12
If you were in charge, several of the most innovative industrial companies in the world would be destroyed, hundreds of thousands out of work, and space would again close to human civilization for another generation.
But everyone on earth could have one nice meal and you could revel in your altruism.
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This is insane adult male behavior.
Alex Feinberg@Alexfeinberg
Contrary to popular opinion, there is one upside to Southwest’s new assigned seat policy: You can frequently buy something better than a First Class ticket (if you aren’t fat or an alcoholic who needs a seat 6 inches wider or complimentary booze) $27 upgrade to Orange County for the @Cernovich Cigar Night Saturday And yes I am eating pizza and tip tip
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@realpeteyb123 Already using Fable 5 for a complex model. Blew my mind first go around
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I read every comment you all leave, and I click like on all of them even if the algorithm hates that, and I try and reply to everyone, cause that’s who I am.
If you took the time to wish me a happy birthday, I’ll take the time to read it.
Isnt that the point?
God bless you all
Peter B@realpeteyb123
I turn 48 today. More than half my life is behind me. Throughout the day I’m going to share lessons, mistakes, observations, & truths that took me decades to learn. Things I wish someone had told me earlier, or wisdom I should have listened to when I first heard it. If even one person learns something useful from it, it’ll be worth it. You can also ask me anything and I’ll quote some replies It’s been a rough ride, with some extremely wild swings, but life is good, my family is healthy, and I’m present in their world and in mine. Thank you God. God bless you all. Truly. ❤️
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I have no dry powder left.
Thought about taking out a loan, but I hate leverage. That’s how people lose their Bitcoin.
Now I’m staring at my $10K emergency fund wondering if a 50% drawdown is actually an emergency.
Part of me says protect the cash.
Part of me says Bitcoin at $60K is the emergency.
Be honest…
Are you touching your emergency fund to buy Bitcoin here, or am I completely out of line?
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There’s basically zero data to suggest this is true btw
Brian Armstrong@brian_armstrong
People still think (or feel) because Bitcoin is down crypto is down. Derivatives/perps, stablecoins, prediction markets, etc are all up in crypto. Crypto touches every area of finance, and is much broader than Bitcoin now. It will take some time for this to sink in. (And yes - Bitcoin is going to do great and is as important as ever - one of many cycles we've all been through.)
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Bought a little $BTC today. This bottom will take 4-6 months to form imo, and I’ll continue to scale in for the next move up, but it’s good practice to buy when there’s so much blood in the water.
Bottom prediction: $49k
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@basedlayer Everyone, Every time, Always - statements are dangerous and 100% of the time inaccurate
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The happiest Bitcoin people I know own between 2 and 6 BTC.
Enough to feel part of something.
Not enough to destroy their personality.
Everyone above 10 BTC turns into a different person.
Everyone above 100 becomes unrecognizable (unbearable?)
There's a wealth threshold where money stops improving life and starts consuming it.
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Christian Smith รีทวีตแล้ว
ZCASH finished.
I always know what will happen, even if I seem early…you know how?
I’m not the smartest guy, I just follow the patterns, and base it off values, greed and sin.
Sorry ZEC
Peter B@realpeteyb123
The biggest rugpull will be on ZEC and km saying this as someone that owns it. I’ve lost respect for many of the influencers who I respected that have taken part in this inflated and coordinated pump. Everyone it seems is a slave to getting richer. Disheartening,
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HERE IS SOMETHING MOST HAVE MISSED!
Ad agencies stopped negotiating with individual publishers and most still haven’t noticed. It used to be a quarterly partnership call. Now it is one call a year with one network to lock in the annual budget. If you are not at that table, you are invisible to the big spenders. The name of the game is distribution. That’s it.
The reason is simple math. An agency would rather do one deal with a billion-user network than 100 deals with 100 publishers at 5M users each. So the network commands $15-30+ CPM and the standalone publisher gets commodity rates of $2-5. Same quality content, same engaged audience, and the price is 6x apart. That gap has nothing to do with your journalism and everything to do with your scale. The publishers who understand this are joining forces now, while they still have leverage to set their own terms. The window to consolidate on your terms instead of someone else's is closing fast, and AI is going to 10x the speed of this trajectory.
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Everyone’s seen this chart floating around. It’s priced in at 2020 cycle low and high. It’s not up-to-date data and needs adjusting - does not accurately reflect current market and environment.
Bitcoin Magazine@BitcoinMagazine
JUST IN: Bitcoin is now below the "Fire Sale" territory for the second time in 4 years 👀 Buy the dip 🙌
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I talked to a CTO last week who wanted to build a personalization engine for his readers. Smart guy, good idea. Instead, he spent the entire quarter managing vendor integrations and internal opinions.
Here is why: His company runs WordPress plus 17 separate vendors. Ad server, yield, paywall, analytics, community, CDN, payments. 17 logins, 17 APIs, 17 support queues. Somewhere north of $2M a year just to keep it stitched together.
His best engineer became a vendor manager. Every hour he spends reconciling two systems that were never built to talk is an hour he is not spending on the product.
The companies pulling ahead in media right now freed their engineers to build. All on a single platform and database.
This is the hidden tax on premium publishers. Nobody puts it on the P&L, yet it quietly eats the business.
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6/ The media CEOs who figures this out first wins the next decade.
The ones who stay fragmented will be margin-squeezed out of existence.
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5/ The pattern repeats every 3-4 years:
1990s: Digital publishing → Rivals.com 2000s: Subscriptions → Scout.com 2010s: Streaming → Maven/Arena (NYSE) 2020s: DeFi + AI → ?
New tech arrives. Platform wins. Publishers consolidate. Market moves.
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I spent time with 5 major media CEOs in the last two weeks, and this is what I learned:
(THERE IS A MAJOR PROBLEM)
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