In recent years, NG energy traders believed NG storage didn’t matter in a practical way bc the US changed to a year-round ‘farm-to-table’ model.
Enter the Texas weather crisis of February 2021.
Somebody find these guys
All businesses are built to run on JIT inventories for last 35 years
Once you have structural inflation, it’s to profit advantage to do the opposite, which fuels it further
inflation will become a ‘horses are out of the barn’ problem, not easily undone
If you zoom into the taco, at parallel angle you can view the taco from the inside . Try it
Being an individualist with a tech background, then an economic and markets hobbyist 20 years ago, then a journey to understand the meta political winds of the last decade, I took a roundabout path to valuing social soft science
Economic prosumption in the technology industry
Does BSV make it more achievable?
Exploration of this concept is partly what led me into blockchain years back, to change the status quo where 99.9% of users and businesses send money to 0.1%.
yes good stuff. some of your best.
I googled "Holly found freedom in an unfree world"
😂😂
?
"Seychelles, which has fully vaccinated more of its population against Covid-19 than any other country, has closed schools and canceled sporting activities for two weeks as infections surge."
"62.2% of its eligible population is fully vaccinated"
Serious inflation issues coming
"June WTI crude oil futures are trading $66.59, up $0.90 or +1.37% and July Brent crude oil is at $69.83, up $0.95 or +1.38%"
The rapid death of BTC Dominance is a brutal reality in 36 consecutive days.
It is an unprecedented turn of events in the history of 'cryptos'
It is nothing like the 2 other breif times that BTC dominance was this low: Dec 17- Feb 18, Apr 18-June 18
BTC Dominance chart
bottomless
me same
Tappy not a game for OGs, my friend
The only thing surging today is oil
London quoting $68.86
Texas quoting $65.67
Biden's Leftist economic planners believed if they funneled $100s of Billions to reduce oil demand, they could spend like crazy and not get inflation.
Wrong
BSV could never do to BTC what ETH and DOGE are doing to "Bitcoin"
I'm glad. Creates new thinking:
ETH asserts rationality vs BTC
DOGE amplifies irrationality of BTC
Now, more ETH network crowding
BSV can be a challenger along with all the PoS Coins.
The NASDAQ double peak and the flat S&P 500
could be the end of this crazy year of asset rally.
Inflation looks ominous.
The DOGE rise nullify BTC narratives
BTC is establishmentcoin. DOGE is counter-culture
DOGE is now worth about what BTC was as recently as crypto winter.
voids everywhere for new narratives to happen
This news is peak DOGE:
" trading platform eToro saying it would offer (DOGE) to its 20 million users. "
"Gemini also said it would take deposits of DOGE, with trading opening shortly."
With 2/3 of all DOGE held in just 100 addresses, are DOGE Billionaires going to
/poll [HODL,Dump it,Lost wallets]
The top 100 address hold 2/3 of DOGE
The top 10,000 hold 90% of DOGE.
While DOGE fees are a problem, the lack of distribution is the best argument against DOGE.
...if arguments matter for a memecoin
It should if somebody's DOGE is serious money now
BTC Dominance is Dead.
So now let's see how many BTC owners were really interested in storing their value as opposed to chasing returns.
Greyscale has been trying to pump their $ETC bags for years.
They are using the latest $ETH demand to give it another pump happening this week.
BTC Dominance did not even put up a fight today.
Institutions are moving new money to ETH instead, and hacks are moving from BTC to DOGE
We are going to obsolete AWS forever
BSV to $1 Trillion
