barclay's Bitcoin FUD series
Black swans are supposed to be unpredictable and random but seem to happen in crypto with suspicious regularity.
I'v been following the faketoshi news with interest - Craig Wright's court case in Florida, USA - since last year. The Kleiman estate alleges Wright holds a million plus Bitcoin.
Wright also made similar claims during that silly 'hash war' gimmick that market makers used to cover up crashing the market last year. According to the narrative Wright dumped huge amounts of BTC on the market... and recently the faketoshi story took another turn with Bitcoin's self-professed creator crying in court over the trauma of how Bitcoin has morphed into a financial free-for-all of greed and illegality.
I once read him say that the reason he doesn't sell more coins is because he doesn't want his children to grow up with so much money... nice story...
lol
And don't forget his Bitcoin Manifesto in which he vows to send Bitcoin to zero and clean out the space!
lol
Would he dump those coins to destroy the market? In court he apparently claimed those coins were inaccessible - maybe true, if he's not Satoshi. And so what if he isn't: in this space, the narrative is truth.
"There are deeper strata of truth in cinema, and there is such a thing as poetic, ecstatic truth. It is mysterious and elusive, and can be reached only through fabrication and imagination and stylization."
Just a favourite quote of mine from a director of documentaries ;)
Beware the Black Swan! Unexpect the expected!
More fud available in the linked charts below.
Black swans are supposed to be unpredictable and random but seem to happen in crypto with suspicious regularity.
I'v been following the faketoshi news with interest - Craig Wright's court case in Florida, USA - since last year. The Kleiman estate alleges Wright holds a million plus Bitcoin.
Wright also made similar claims during that silly 'hash war' gimmick that market makers used to cover up crashing the market last year. According to the narrative Wright dumped huge amounts of BTC on the market... and recently the faketoshi story took another turn with Bitcoin's self-professed creator crying in court over the trauma of how Bitcoin has morphed into a financial free-for-all of greed and illegality.
I once read him say that the reason he doesn't sell more coins is because he doesn't want his children to grow up with so much money... nice story...
lol
And don't forget his Bitcoin Manifesto in which he vows to send Bitcoin to zero and clean out the space!
lol
Would he dump those coins to destroy the market? In court he apparently claimed those coins were inaccessible - maybe true, if he's not Satoshi. And so what if he isn't: in this space, the narrative is truth.
"There are deeper strata of truth in cinema, and there is such a thing as poetic, ecstatic truth. It is mysterious and elusive, and can be reached only through fabrication and imagination and stylization."
Just a favourite quote of mine from a director of documentaries ;)
Beware the Black Swan! Unexpect the expected!
More fud available in the linked charts below.
twitter.com/ft/statu.../1149276050398035971