no, twitx/elon wanted o’dell to pay fiddykay to get his og handle back

The whole “edging” thing is so Millennial. “You’re never going to feel good, so just keep lowering your expectations until normal feels amazing!”

Coinbase doesn’t actually have to buy or sell on-chain Bitcoin. They “Custody”. Because Deep-State connected Institutional firms are the “providers” (read “gateway”) for the overwhelming majority of BTC trades. Firms like Jane St, CME Group, et al. This means: Coinbase cannot be undermined like FTX and every other non-NGO exchnge. They’ve effectively collude with the firms trading paper Bitcoin w/o oversight. The Bitcoin 4-year Cycle was broken because Institutional trading firms traded fake bitcoin in collusion with Coinbase to suppress price. Ad nauseam. NOW - having suppressed the price (which is what these firms LITERALLY exist to do, i.e. asset-price manipulation), they’re buying back the fake-trade “deficit”, to off-set the increasing potential for an unexpected event to explode them, all of which is calculated by “quants” and then they’ll begin the whole fleece all over again. The very real “They” want the Bitcoin. Because they have all the tools to hold out until we die to continually take it from us. Time is nothing to them, just so they own this thing they can’t destroy that threatens them. tl;dr The price of Bitcoin is going to be suppressed for a very long time because Self-Custody, which is INSEPARABLE from Bitcoin, has simply been cast aside. It’s a Fiat asset now, and like Ft Knox, its all kayfabe and pretend anymore.

We all feel the hardship of these Times. Times in which we “live and breathe and have our Being”. We all experience this together, as Bitcoin Tribe. We will suffer. We always have. But none alone. Thus I Choose and Will continue to Represent Myself. (And also take Self-Custody, don’t be a Cuck).

I have a soft-spot in my heart for the Privacy Coins, but don’t own them. Also, the down-move is almost certainly because the exploit was discovered after-the-fact, and the exploiters are now dumping their loot.

The entire history of the various Institutions we summarize as Wall St has consisted of taking money from others. Not making money by investing in businesses. Taking money from others. The easiest faucet for this grift has LONG been termed “fleecing Retail”. And it’s paramount, because it’s so much easier than trying to battle each other that they’ve become an industry dedicated to doing it. If you doubt my words, do you doubt the Federal Reserve does the same thing by modus operandi? Go back and study “Wyckoff Distribution”/3-Drive Top, go back and read the history of the Internet “Bubble” where after a Generation was rekt “Wall St”/ Deep State had to work for years to lure the next generation back. They’d fleeced so completely they lost all of Gen-X (and destroyed & Centralized the internet revolution into a handful of controlled organizations almost overnight). This thing which we shouldn’t even refer to as “Wall St” anymore, because it is literally the Deep State, has gained control of Bitcoin. We don’t now how, but to pretend it hasn’t happened is idiocy. The Bitcoin price doesn’t reflect Reality, so by first principles, the Bitcoin trading isn’t Real - i.e. isn’t Self-Custodied. I’m so sick to my stomach right now.

There is inarguable manipulation happening in Bitcoin. And while it’s reasonable to rationalize it away, let’s be clear that: - that manipulation is intended to keep you from ever retiring on your BTC investments. - those front-runners now living on their Bitcoin investments are being forced to sell to the rhetorical “Wall St”. This is the game, and it is irreversible. Bitcoin Retail is being fleeced by an industry so cohesive and sophisticated it can issue vast paper Bitcoin, not get “FTX’d”, and then recover it - as an Industry - while driving the price ever lower, forcing the Retail to sell to them, ad infinitum. Plebs are losing the War. We are so out-classed by paper exchanges and little to no Self-Custody ethos that I cannot see Bitcoin undermining Fiat ever. Supporting it, yes, becoming the bedrock for it, as intended. But BTC is flowing into the coffers of Power, we are powerless, the US Dollar Overlords have so outclassed us that they are and will continue driving the price sideways and down for the rest of our lives if need be…and I see no other game-theory sovereign power in the world that wants to go against the US. I’m experiencing the “long, dark night of the soul”. I sense we have lost, that Bitcoin is becoming a State asset. I have little hope for our children. I’ve heard that when the Confederate supporters were losing the American Civil War, they began hiding their gold/silver in jars to protect it from the invading Union armies. When you start hiding your Money in hopes your kids can have it someday, you’ve already lost.

The last episode of S2 Fallout song captured my Bitcoiner mood rn so, so perfectly: “This is Worth Fighting For” https://www.youtube.com/watch?v=WoXrf9xjOXg

Name an asset - any in History - where: -Infrastructure build-out continually hits all-time highs -Adoption openly, verifiably increases -Network effect, feedback loops & buildout grow exponentially yet the value of that asset cannot rise. Paper Bitcoin is FUCKING RAMPANT

No market is valid anymore. No price-action is real. All algo/AI. Because there is no final-settlement. Larger and larger institutional “funds” get locked-in, no instant cash-out. It’s ALL paper money now, until something blows-up. “Not your keys, not your coins” isn’t a slogan. It’s a Law.