crypto enthusiast.NFT collector/trader
The Moon
Joined March 2021
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JDUBS retweeted
What is life?
• Dostoevsky: It’s hell.
• Socrates: It’s a test.
• Aristotle: It’s the mind.
• Nietzsche: It’s power.
• Freud: It’s death.
• Marx: It’s the idea.
• Picasso: It’s art.
• Gandhi: It’s love.
• Schopenhauer: It’s suffering.
• Bertrand Russell: It’s competition.
• Steve Jobs: It’s faith.
• Einstein: It’s knowledge.
• Stephen Hawking: It’s hope.
• Kafka: It’s just the beginning.
Each one must therefore give life a meaning according to how you one perceive.
JDUBS retweeted
«Reborn from the flames»
Dragon sculpture made from the trees taken down by Storm Vaia. Trentino, Italy.
JDUBS retweeted
👀 Tucker Carlson to RFK Jr — both men nearly moved to tears.
“I hope what you just said is chopped up and put all over every social media platform in the world!”
Well here it is. What Kennedy said in the BEST 12 mins of Tucker… maybe ever. Stunning. LFG. #MAHA 🇺🇸
JDUBS retweeted
One of the best 5 minute summaries on money, currency and Bitcoin I’ve ever seen.
Share this with everyone you know.
JDUBS retweeted
Nobody knows what the ultimate price of #Bitcoin will be but simple maths can give us an upper bound. All wealth assets is $500T, if BTC captured all of this (never gonna happen) it's $24m per coin (today's value before future inflation adjustment).
The question is what will be the realistic allocation for everyone?
Wealth management is very predictable, and money flows in a conservative manner according to known wisdom.
BTC, even in this early phase of an asset class, Fidelity recommends 1-3% allocation, while we have seen numbers as high as 85% from BlackRock.
If we assume 3% as a sensible allocation (and I note that was the number we used to share back in 2014!) then the lower bound of valuation is $700k
Price target range:
$700k lower bound
$24m maximum bound
(In today's inflation adjusted numbers.)