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Fred Krueger
@dotkrueger
Investor. Not Financial Advice. Bitcoin and AI maxi. Stanford PhD. "You might want to buy some in case it catches on"
1.6K Following    389.9K Followers
Four days from now we will have completely forgotten about the Binance hack. All attention on Midterms.
Debt is now $40.593 Trillion We will be at $41 Trillion by Thanksgiving. Good thing interest rates are low and we don't have any wars to fight.
This is just noise. Buy Bitcoin.
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I never intended to become a Bitcoiner. I heard someone mention, “Bitcoin is digital gold.” I read one article. I bought $50 worth, then sold it at a profit five months later. Then I read the whitepaper. Then I started going deeper: • Inflation • The supply cap • The issuance schedule • The thermodynamic security model • The game theory • Monetary history • The Cantillon effect • The fiat endgame • Deflation as the natural state of a free economy And somewhere between "interesting technology" and "holy shit, every dollar I hold is melting," you cross a threshold. Then I found myself pouring my savings into Bitcoin because I understood the math. Once you see that 21 million is the only hard monetary ceiling humanity has ever coded into existence, you can’t unsee it. Once you understand that Bitcoin is an escape from a debt-soaked empire printing itself into irrelevance, you stop asking whether you should buy it. You start asking why the hell you waited this long. Bitcoin is a journey. Bitcoin is at a great price to get started today.
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The Binance hack was timed at close, and likely coincided with a big short. The kind of thing that will be reversed tomorrow morning.
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If Meta had simply put its Reality Labs loss amounts into Bitcoin when they occurred… it would now hold more than Strategy, BlackRock’s IBIT, and all other public Bitcoin companies combined.
On "the leaks" -- the ETFs are completely private. Even BlackRock doesn't know the holders. On the "point AI to crack SHA256" -- its not a simple Erdos Problem. All evidence says there is no classical solution. On Quantum -- not happening in the next 5 years to any degree. As Dan Boneh says the network will adopt with probability 1. Not "capped". Not going to zero. Continuing to follow the PL.
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Churchill could have shortened WW2 by years if he had just “done a deal” with Hitler. George Washington could have done a deal to end the American Revolution. Zelenskyy is in good company.
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Yield Kills. This is the kind of crap that got us in so much trouble in 2022. Terra Luna. Celsius. Block Fi. Voyager.
It takes Brass Balls to go full Kelly Bitcoin.
Bitcoin is climbing out of this bear market 3x FASTER than it did in 2022 🚀 Share of the crash won back: 2026: 48% in 113 days 2022: took 348 days to get there - - - Same yardstick for both: the cycle low is 0%, the prior all-time high is 100%. The 2022 cycle didn't reach this point until October 2023. Strong hands make for fast recoveries, friends 💪
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As Ive said time and again, the biggest unforced error of Trump II hasn't been the Iran conflict (degrading the miliary might of the Mullahs will provide a peace dividend) but his approach in imposing tariffs that baked-in higher inflation with little economic benefit from on-shoring manufacturing
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