Crypto | International Ponzies | NFA | “You miss 100% of the shots you don’t take”
On Chain
Joined March 2025
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Some of the craziest price action I have ever seen
Generational buying opportunity. Think multiple years down the line
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Crazy we witnessed the largest hack in crypto history and then got to witness Binance scrape every last dollar back by drilling for a month straight
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After this onchain Armageddon, there is only one direction we can go…and that is back to tradition. Back to classic memes and bagworking.
Glass half full
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When you hear about the “quantum issue” it is always directed at crypto.
Why does no one question your bank accounts, or stock accounts like Robinhood, or pension funds, or retirement accounts?
Mando says he agrees with Chamath that Bitcoin is topped until the quantum issue is resolved
“I think people get caught up in low-timeframe trading a lot. They look at a bounce from even right now back to $83K and think, ‘Oh, okay, we’re so back.’”
“But I actually agree with Chamath’s comments from the other day: the top has kind of been taken out of crypto. Can you really imagine it going to $150K before this quantum stuff gets somewhat resolved? That is very, very difficult to imagine.”
“So I think, at best, you’re hoping for like $100K to the upside right now, and it may just be brief. When people were bullish at $83K, they were saying, ‘This is gonna go to $90K, $92K.’ It wasn’t, ‘This is going to $200K.’”
“It feels very different from some of the other times people have been super bullish on crypto.”
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