Backstage Pass: I'm not touching you — I'm not touching you
Jane Street trades // Binance writes // AI advises // Bots have fun going poor
Before we begin: I wrote a post (that I didn’t email out) about aliens, #disclosure and what Pete Hegseth could teach us all about transparency.
Eleven years ago this week, bitcoin price was $236.
The 11th biggest cryptocurrency was peercoin.
The 111th was ixcoin.
Have you ever danced with the devil in the pale moonlight?
Crypto right now kinda feels like that kid in middle school that the bullies had enough mass on that they could take their victims’ hands and make them start smacking themselves across the face.
“Stop hitting yourself!” the bully would say. “Stop hitting yourself!”
None of us knew what gaslighting was back then, but this was that. Helplessness manifest. Archetypal humiliation.
The boys that happened to either move to Silicon Valley and crush it in the tech scene, disappear into the wallpaper of wherever they are from or they write manifestos.
Reflect on this nostalgic tab…