Ansel Lindner Profile picture
Host of @btcmrkts, co-host and writer @BitcoinMagazine, Bitcoin & Markets Research https://t.co/ot4sCWj4Z9.
BP Profile picture kiddphunk Profile picture Jen T. Profile picture 3 subscribed
Mar 18, 2023 9 tweets 2 min read
Are the Americans like the Byzantines? This article took a hard turn I didn't see coming. 1/
zerohedge.com/markets/vdh-ar… Byzantium was the Eastern Roman Empire that lasted 1000 years after the accepted date of the fall of Rome.

This article however, completely missed the similarities of the US to early Byzantium, instead biasedly skipping 1000 years to a comparison to the fall of Byzantium. 2/
Nov 2, 2022 5 tweets 1 min read
Takeaway from mixed #Fed signals:

"Cumulative impact" and might start slowing next mtg
+
"pausing is not something we're thinking about"

The Fed believes they need uncertainty for their policy to work as intended. 1/n If the market expects a pivot it will disregard rate hikes, pricing in a pivot, and the Fed doesn't want that. They want to crush demand in order to get price increases back under control. 2/
Sep 27, 2022 5 tweets 1 min read
Europe is at the mercy of foreign powers. As for who did this, a defeat of the US in Ukraine will threaten US control over Europe. People don't believe it, but when the dust settles in Ukraine, Germany and eastward will move closer to Russia's sphere.
Sep 27, 2022 4 tweets 1 min read
💢 There's not many people, who in the heart of hearts don't know, this was the US.

Crazy they are trying to go back and forth between blaming Ukraine and Russia. This was the US, and it is another example of the US losing their hegemony. 1/ Image The Europeans will inevitably kick the US out.

I remember early on in the Ukraine conflict, a commentator I like said, "this is a battle for US dominance in Europe. If the US loses Ukraine, they lose Europe." 🔥 2/
Aug 23, 2022 5 tweets 1 min read
"JPM's Matt Reiner, head of cash trading, who reveals that - if anything - funds were taking advantage of the Monday rout to load up." 1/5
zerohedge.com/markets/head-j… "I agree, the macro backdrop has deteriorated since the latest EMEA CPI’s, but I have to remind myself that the US is in a slightly different situation than Europe."
Slightly better?
May 10, 2022 4 tweets 1 min read
#Russian seaborne crude at post-pandemic high and at higher prices. The EU globalists are losing on all fronts. Russian oil production has dropped only slightly from prepandemic levels, from 11.5 mbd to 11.0. Yet, oil exports rose in Q1 by 15%.

Gas production was up in March, 0.8% YoY.

I thought western expertise leaving production sites would have more effect. Perhaps in coming months.
May 6, 2022 5 tweets 2 min read
Our latest #Fed Watch episode focused on #China, is now prophetic. China's problems were taken to the next level today, with a stark warning about zero-covid and dissent. 1/6
Reuters: "In the latest ratcheting up of restrictions, Beijing authorities on Friday said all non-essential services in its biggest district Chaoyang, home to embassies and large offices, would shut. Mass testing will also resume in at least four districts over the weekend." /2
Oct 25, 2021 4 tweets 1 min read
You make it sound like they're solvent and the US isn't. In fact, they have all those assets (China the most), yet somehow are in worse credit shape!?

Square that circle. The fact is the US doesn't export dollars, they export a rules based international system which has enabled everyone to run up a nasty credit card bill (denominated mostly in USD).
Oct 23, 2021 12 tweets 3 min read
Should I Buy #Bitcoin Now?

"I bet you have heard this question in the last week. I can't tell you how many friends and family contacted me over the years asking this exact question. Happens every time during big news events and breaking the ATH. 1/ 2/ "Since I've struggled for years finding the most concise and convincing way to answer this question, I thought you might be in the same boat. That's why I wanted to write a few of my thoughts about this perennial problem for bitcoiners.
Apr 30, 2020 8 tweets 2 min read
"Future global trade needs a super-sovereign currency system under which no single country has the power to freeze the international assets of another country" - Wang Zhenying, President the Shanghai Gold Exchange
reuters.com/article/us-chi… “It is a weapon for the U.S., but a source of insecurity for other countries,”

“The currency the world ultimately chooses for global trade must not be one that gives someone privilege, while exposing others to insecurity.” - Wang
Apr 29, 2020 6 tweets 1 min read
The Eurodollar system was built by banks for banks to service international trade and settlement in dollars.

It grew to unknown $trillions.

Then in 2008, banks started to step back and slowly decrease lending in it. It's never fully recovered.

Now this. The Eurodollar system is failing and along with it international trade and settlement will grind to a halt.

The end of Bretton Woods was smooth, because the eurodollar system was already ubiquitous.

Now there's no easy and ready transition.
Mar 28, 2019 4 tweets 2 min read
The @BitwiseInvest piece about fake volume is going to have far reaching effects in this space. It might take a few months to sink in, but it will soon enough. #bitcoin

Cool site that shows the fall out of volume. openmarketcap.com/exchanges/diff… #Ethereum's volume is less than 10% of #bitcoin's, instead of 50%. That's a large difference that will affect all eth based tokens as well.
Feb 12, 2019 4 tweets 1 min read
A new bug found in Constantinople, again.

"A new bug in ethereum’s Constantinople upgrade has been found at the last minute, with it affecting a limited number of smart contracts that utilize self-destruct."

trustnodes.com/2019/02/12/aug… Jason Carver, a developer at the Ethereum Foundation (EF), says a new feature called Create2 can allow a developer to replace the self-destructed contract and thus change the rules.
Feb 3, 2019 8 tweets 2 min read
A little economic comment on this mind-blowing hack with DNA. I've always been uneasy about the price tag associated with these tests being so low. $50 US to sequence your DNA is uncorfartably cheap. They must be making money elsewhere.
Jan 12, 2019 7 tweets 2 min read
Comparing lightning network to a base layer consensus mechanism is ignorant.

Proof of stake has been debunked many times over. Quick thread. Really simply, proof of work incurs real world cost in energy to root security and incentives, while PoS doesn't. 1/
Dec 27, 2018 5 tweets 2 min read
The term "cryptoassets" (conveniently the title of Chris's book) is hugely detrimental to investors' understanding of digital scarcity and sustainable comp advs in this tech.

The term scam, however, is *under used*. Ripple is the #2 coin by market cap for God's sake.
#bitcoin The entire altcoin complex would benefit if people were less forgiving of the 99% that are outright scams.

Of course, the line we are told to toe (by scammers) is to ignore the scams, be nicer, let the scams run their courses naturally. Lol
Dec 14, 2018 5 tweets 1 min read
So scared. Take this as a lesson politicians. If you want to be head of your political party, shutdown the government.
Dec 1, 2018 5 tweets 2 min read
It's a common misconception that an appreciating currency won't be spent. Everyone has needs/expenses that can't be put off. Food, rent, basic services, and productive goods and services. 1/ 2/ It's quite weak to say, "most products won't be bought if people have a higher propensity to save," because that's admitting most products are only bought now because of inflation.
Oct 29, 2018 7 tweets 1 min read
If a good is profitable to produce, an entrepreneur will make it, including what is used as money.

Examples, Venetians made West African glass beads, and New Spain's silver mines. The value of a utility token can be viewed as that service's marginal revenue.

The marginal cost of forking the code or competing for that MR is near zero.

So eventually, the value of every utility token will approach MR = MC.
Oct 23, 2018 4 tweets 1 min read
An ounce of prevention is worth a pound of cure. The food pyramid has destroyed the healthcare system in the US.

It's pretty simple, eat healthy food, have lower healthcare bills. Since the US has no single strong ethnic diet infused with ancient knowledge, all diets went into the melting pot. Out came the standard American diet of processed imitation carb garbage.
Oct 18, 2018 4 tweets 2 min read
#Augur $Rep is the #65 dapp by users (35 DAU), and not even the most used prediction market. 😐
dappradar.com/category/other
#ethereum 17 people work for Augur.
linkedin.com/company/augur-…