When yield curve control

No on feels as suppressed as a tradfi decision maker who wants to say shit on social media but has 700 compliance people breathing down his neck about appropriate social media use every day

Always thought people like this (and similar specimens) might be in on some elaborate psyop to slow down the adoption of bitcoin at the margins. Because if we all go in at once, chaos ensues

Big finance corporate politics is at its most interesting when you match up careerist “managing up” rank climbers with deep domain experts. Both loathe each other and can’t get rid of the other. When either tries to step into the other’s field, they die

Always found it surprising we saw a mini bull run into the Fed balance sheet unwind. Was imo purely on ETF flows. Tend to think we need a last wick down to decisively kill all shitcoins; but other than that, the environment becomes much more supportive now the unwind has stopped.