
Top #bitcoin writer @medium @hackernoon | Consensusland |Bitcoin or Bust | From Bust to Boom | Fmr Crypto is Easy newsletter https://xitter.cf/t.co/ZjowlqwMm9
Joined November 2021
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After 7 years writing about crypto, I'm stepping away.
To paraphrase @lex_node, we've lost our way. Crypto traded rebellion for regulation and got the worst bull market ever.
My farewell—and what comes next:
Get your coins off exchanges and take self-custody. Stop letting Wall Street and treasury companies play you for fools—keep your coins away from them. Put your money into protocols, not politicians. Otherwise, none of this matters.
To be clear, I’m not stepping back because I hate crypto. I still believe in what it can be once we get back our core principles.
Massive US gvmt debt and trillions of home loans locked up at basement interest rates means rate cuts take stimulus out of the economy and reduce the supply of USD. (Con’t)
The hope is the private sector picks up the slack with expansion of credit, but with so many corporations trading at massive premiums they can sell equity and with so many households and businesses with cash cushions they can dip into savings. (Con’t)