user avatar
Avi
@AviFelman
@1000xpod / Former Portfolio Manager @ GoldenTree, BlockTower / Current Founder @RadhanRoad
Draynor Village
Joined July 2015
Posts
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    I just turned 30 but here we go: 1. Take excess risk (in your career!) when you’re young. It’s a lot easier to rebuild at 24, when you don’t have dependents 2. Build a strong circle of friends, and invest heavily into the relationships. Quality is *far* more important than
    Men who are more than 30 Give advice to men who are in their 20s The topic can be anything
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    Yeah, dude. He definitely didn’t move any Bitcoin for 16 years and then decided to bet on polymarket to make some extra side cash
    Is Satoshi alive 👀
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    It's amazing how every BTC bottom is harder to buy than the last: 2018: Everything is vaporware, Bitcoin useless experiment, no real adoption 2020: Global sell-off due to once in a hundred years pandemic 2022: Multi-decade macro shift, stagflation, WW3 & famine on horizon
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    I can’t stop thinking about this graph
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    Bitcoin is trading as though it's an alternative banking system or something crazy like that
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    We literally get a 2008 every 6 months, there is no second best industry Do you feel alive yet?
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    USDC has 11.4b split between 7 banks. Two were SVB and SI. BNY Mellon likely holds the majority of assets (it's safest, if they wanted yield they'd be in treasuries). If 20% is in SVB and haircut on SVB is 92% (aggressive) then backing of USDC is cut by 182m, which is easily
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    Over the next 6-18 months we are setting up a monster rally for $BTC. World will wake up to the reality that $BTC is the most useful bearer asset in existence and that credit assets are dangerous. Bank failures one year before halving. Could not have written a better script.
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    Every time someone calls for the death of Bitcoin, we are reminded why it remains king after 13 long years. It’s the only asset backed by nothing that has stood the test of time.
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    What a truly scum of earth move by Binance and OkX. Pure move to try and bury a competitor. Rewrites the history of what happened to FTX. Highly likely they did attack them.
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    People are looking at crypto and NFTs and saying things like “lol wtf 90k for a rock jpeg, that’s insane, what a scam” Yet ignore the fact ppl in crypto have 90k to spend on rock jpegs, maybe if you didn’t dismiss everything new you’d also be able to waste money on rocks
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    A few thoughts on the events of today. (1) The fallout will be long and unseen. There are likely further losses yet discovered, lending desks, etc. (2) Faith in crypto will be shaken for some time. Many people had FTX as their sole entry into the space
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    You’ve never played RuneScape have you
    Rotisserie chicken at my grocery store is $2 cheaper than a whole raw chicken. What's up with that?
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    For many years, liberal discourse has tended to view conservatives not merely as mistaken, but as malevolent and dangerous. In contrast, conservatives have often viewed liberals as naïve or misguided, but not inherently threatening. This asymmetry has arguably restrained more