The arrest of Telegram’s Pavel Duroc earlier this week was a significant moment. Are Western Governments going to clamp down on Criminality across Social Media? Its critical they understand how Crypto Shills and Bad-Actor Propagandists have exploited the opportunities presented by Social Media to spin their scams.
This week will be about listening to Central Banks. Meanwhile, the US Bitcoin Conference in Nashville over the weekend was an eyeopener – could Crypto be the issue that wins the election for Trump? The conference might has pressed the Bitcoin reset upside button.
Bitcoin has zero fundamental utility. It is cult that was designed and loaded to make its’ “high priests” rich. To understand how it will trade, forget common sense – focus on what it is, who the players are and what is likely to motivate and influence the price. On that basis Buttcon may be a cynical buy – but be prepared to exit early.
Bitcoin’s recent gains are about as relevant as Liz Truss. But banks, earnings, inflation, rates and investment remain critical. Now shadow banking investment is under threat – which isn’t going to help.
Elections are a wonderful way to unravel the risks of political incompetency by letting the people, rather than politicians, decide. Meanwhile, the collapse of another thing in Crypto comes as no surprise. If it did, consider a career change.
I’d like to introduce you to my latest theory on markets: the D-Jay Wave, a 35-year recurring cycle of irrational market exuberance. I have carefully and diligently researched this over a couple of pints.. It’s therefore better underpinned than most SPACs or Disruptive Tech funds. (Glossy pitchdeck not available.)








