Bitcoin

“I don't think even the SEC is claiming things like Bitcoin or Ethereum are actually securities anymore, right? You know, that we've kind of moved beyond that.”

“I think crypto is in a moment where like it's searching for a meaningful use case beyond Bitcoin. I think those exist, but like the timeline is ticking to have those in a way that people care about, or the government gets a lot more free lane to be like, well,…”

“Bitcoin's down. I'm looking right now in the last week, two percent. ETH is down a percent. Like, this is kind of a big nothing burger from how the crypto markets are digesting it, right?”

“The only way to kill Bitcoin is for all the nodes to turn off, right? Like, and that's never going to happen, right? Bitcoin will never die, right?”

“And I think is probably the most important cryptocurrency outside of Bitcoin. I'm a short on ETH long on Solana”

“Look, I think there will be a lot of sell pressure, like just around a hundred K, just because a lot of people have been up and down and say that's a good number and I'm out.”

“But like, but I am sort of a, probably a toxic maxi in the sense of like, I don't think you can have 10 of those. I think you kind of have to have everybody decide this is the one and you can't sort of fragment off into 50 others.”

“And I'd say Bitcoin will be owned by more governments globally, which I also think is net good.”

“Bitcoin 200,000.”

“I think crypto is in a moment where like it's searching for a meaningful use case beyond Bitcoin. I think those exist, but like the timeline is ticking to have those in a way that people care about, or the government gets a lot more free lane to be like, well,…”

“Look, I think there will be a lot of cell pressure into like just around a hundred K just because a lot of people have been up and down and say that's a good number and I'm out.”

“The reason that MicroStrategy stock exists, right, is because there's a lot of fund managers Right. Who would love to invest in Bitcoin, but it's just too fucking painful that for them to deal with it with their funds. And so micro strategy is just this hack f…”

“Bitcoin, I'd argue Bitcoin is way out the curve on memes in terms of being, because it's so disconnected from the underlying, from the, from anything, right? Like there are a few, it's not fully disconnected. Like there are a few things that connect it. And as…”

“Jack Dorsey does not have even close To the actual technical chops to have come up with Bitcoin. Just like, there's no chance.”

“It's weird if it actually ends up being like a, you know, part of somebody's like hedge strategy, like gold. I think that is, if that happens, then this whole crypto experiment is effectively won, whatever, whatever you want to call it.”

“You know, if you leave, if you read the Intelligent Investor, or you actually try to think things from first principles, there's no way to put a discount cash flow model on Bitcoin, or gold for that matter.”

“Well, you can't use Bitcoin. You can just hold it.”

“It seems inevitable that JP Morgan will let you hold Bitcoin inside.”

“I don't know. I think there's a lot of buyers at Bitcoin, a hundred K. There's a pretty deep market there.”

“It went to one 23. Year to date, it went to one 23.”