The reasonable man adapts himself to the world; the unreasonable man persists to adapt the world to himself. Therefore all progress depends on the unreasonable man. — George Bernard Shaw
Boom! Shakalaka...
Well my friends what a week it has been!
The trial of the century is over!
And like all things controversial, the result is: Two movies on one screen.
Whaaat?
Craig Wright has won his case vs. the estate of Dave Kleiman.
But of course the anti-Craig Wright camp is calling it a loss.
This is called “Two movies on one screen” and was coined by Scott Adams sometime after the 2016 election.
How can two people look at the SAME evidence and come up with two different conclusions?
I don’t know about you, but after looking at these court documents, I don’t see how you can not conclude that Craig Wright won and is the creator of Bitcoin (remember — the following are the words of the plaintiff):
FULL DISCLOSURE
I own BTC, as a matter of fact, I would be what you call a “BTC MAXI”, except for one big caveat: I do not hate Craig Wright.
Although I recommend you stick to BTC, for now, I’m open to all chains: LTC, BSV, ETH, ETC, etc. etc. (there are over 1,000 of them nowadays.)
I think LTC is superior to BTC in every way; except adoption.
Also, I have looked at BSV and find it to be superior to LTC and BTC in every way.
So as a “non emotional” investor, I look at:
The commodity itself; it’s technology and the problem it solves
The PEOPLE behind said commodity
The history and especially the TRACTION of the commodity
In this way you can hold BTC, BSV and even ETH at the same time and not care about the petty drama queens and “in fighting”.
Except, you can’t.
As with every company or commodity you should keep a razor sharp eye on #2.) The people behind the company/coin.
And that is why I issued this RED ALERT on Twitter this week:
Bottom Line:
If you are a BTC MAXI (like myself) and have over 80% of your holdings in BTC — keep your eyes on the exit door.
But, doesn’t that apply to ALL investments?
I super duper recommend this read! Start on point 26. “History of Bitcoin” — the bitcoin pizza is in there too:
It is a great history of bitcoin 101
Moving along…
Let’s get HACKING!
Bitmart got hacked for $200M — that’s not chopped liver now is it?
And BADGERDAO got hacked too:
Rule #1 NEVER keep your coins on an exchange
Rule #1a — DAO’s and Smart contracts can be hacked!
More info on CELSIUS and the BadgerDAO
Best Quote of the Week
Mexico’s third-richest billionaire, Ricardo Salinas Pliego, has advised investors to “buy bitcoin right now.”
He explained that the U.S. is “looking more and more like any other irresponsible third world country.” (!!!)
Best Tweet of the week:
Best “Fuck You” of the week:
Nayib Bukele tells Peter Schiff to shove it:
Also: Charlie Munger is Anti-Crypto — but we knew that
An NFT is not an NFT
Watch Skins as NFT’s !
NFT’s are really incredible. What use case can you think of next?
How about a Watch skin? The possibilities are endless!
PRICE ACTION
WHALES caused the dip! Watch this video about it:
A Better explanation: “Leveraged Longs”
Conspiracy Theories and Moon Landings
The larger bitcoin community, i.e. “the BTC guys” will never believe Craig Wright is Satoshi.
At this point, I’m thinking maybe it’s better this way. Who needs the extra (sometimes negative) attention right?
But after reading the actual court documents, I find it hard to believe that Craig Wright is -not- Satoshi Nakamoto!
It’s like the people who claim American astronauts were never on the moon.
Ok, it’s hard for you and me to verify, right?
It’s not like we can fly to the moon and look for the landers ourselves (Eagle XXXXX etc) that they left there.
WRONG.
#1 There are eyewitnesses — the astronauts themselves.
#2 There are plenty of experiments left on the moon that we can actually see (i.e. verify!) from Earth today — and still do on a regular basis: The laser reflector placed by Buzz Aldrin and Neil Armstrong on the first trip (Apollo 11) which is used to measure the distance from the moon to Earth, to THIS DAY.
#3 The fact that ALL of America’s enemies NEVER started a stupid conspiracy theory. Instead, they called the president and said “Congratulations.”
About those eyewitness, behold my Faaaavorite video of ...ever!
This is what happens when you tell Buzz Aldrin he was not on the moon!
Oh, here’s another one, #4:
The fact that the good ol’ U.S. of A went to the moon SIX times.
That’s an awful lot of lies you have to make up to cover for 6 “fake” moon landings, 20+ “fake” astronauts, hundreds of eyewitnesses, multiple experiments STILL on the moon, and multiple “enemies” that congratulated the U.S. each time.
That’s it for this week my dear HODL’ers!
Take care, buy the dip, keep your eyes on the exit door!
Sincerely,
Eric
P.S. Here are a bunch of seriously awesome links to seriously awesome MOON content:
https://www.nasa.gov/mission_pages/LRO/news/apollo-sites.html
https://www.nasa.gov/missions/solarsystem/f_leftovers.html
https://en.wikipedia.org/wiki/Lunar_Reconnaissance_Orbiter
https://skyandtelescope.org/observing/how-to-see-all-six-apollo-moon-landing-sites/
And an Awesome vid!