Well written article Abhay. You've taken the emotion out of the equation and explained technical charts lucidly. I am a technical numpty but understood the concepts you've laid out in this article. Good one and a very informative read. Recommend this article.
Really good question. Crypto usually reacts fast to big news, and those tariffs on Liberation Day definitely shook things up. People hate uncertainty, so there was a quick selloff across risky stuff like Bitcoin. But zooming out, nothing’s changed about the fundamentals—limited supply, more adoption, same story. So, its good for the long term
Crypto as in Bitcoin. Down as in “As of April 13, 2025, Bitcoin (BTC) is trading at approximately $83,500, reflecting a decline of about 18% from its closing price of $102,082 on January 20, 2025.”
As of April 13, 2025, Bitcoin (BTC) accounts for approximately 63% of the total cryptocurrency market capitalization, indicating that nearly two-thirds of the crypto market’s value is held in Bitcoin.
IBM represents approximately 0.46% of the S&P 500’s total market capitalization.
If crypto was an “off ranp”, wouldn't it go up when equities and debt go down like gold has?
As of April 13, 2025, the price of gold stands at $3,222.49 per ounce, reflecting a significant increase from $2,707.70 per ounce on January 20, 2025.
This rise of approximately $514.79 per ounce represents a 19% increase over the span of nearly three months.
The author is spot on, but not quite in the way he thinks. Bitcoin - as envisaged in Satoshi's white paper - indeed the trustless peer-to-peer electronic cash that sits outside the massive rent-seeking financial infrastructure.
When one is free to trust The Message (Gajus as cash) without having to trust The Messenger (banks, governments and commercial platforms), money is non-corruptible and free of anyone's control.
Bitcoin 1.0 (BTC) was a wonderful proof of concept, but it has failed as money because it became functionally useless and a Ponzi scheme.
Bitcoin 2.0 (BSV) was an improvement but is still not a fully functional blockchain.
Bitcoin 3.0 (Gajumaru) is the final and actual implementation of an actual blockchain that actually works.
Well written article Abhay. You've taken the emotion out of the equation and explained technical charts lucidly. I am a technical numpty but understood the concepts you've laid out in this article. Good one and a very informative read. Recommend this article.
If crypto is the off ramp, why is it down since “Liberation Day”?
Oh, its been a while since we've talked George
Really good question. Crypto usually reacts fast to big news, and those tariffs on Liberation Day definitely shook things up. People hate uncertainty, so there was a quick selloff across risky stuff like Bitcoin. But zooming out, nothing’s changed about the fundamentals—limited supply, more adoption, same story. So, its good for the long term
What definition of "crypto" are you using? "What" "is down?"
Crypto as in Bitcoin. Down as in “As of April 13, 2025, Bitcoin (BTC) is trading at approximately $83,500, reflecting a decline of about 18% from its closing price of $102,082 on January 20, 2025.”
That’s like saying IBM as in the S&P 500.
And so what? Volatility is a component of markets.
As of April 13, 2025, Bitcoin (BTC) accounts for approximately 63% of the total cryptocurrency market capitalization, indicating that nearly two-thirds of the crypto market’s value is held in Bitcoin.
IBM represents approximately 0.46% of the S&P 500’s total market capitalization.
If crypto was an “off ranp”, wouldn't it go up when equities and debt go down like gold has?
As of April 13, 2025, the price of gold stands at $3,222.49 per ounce, reflecting a significant increase from $2,707.70 per ounce on January 20, 2025.
This rise of approximately $514.79 per ounce represents a 19% increase over the span of nearly three months.
This is a non-discussion you’re having with me.
All of “crypto” is pump and dump bullshit.
Until now.
Bitcoin 1.0 (BTC) was a wonderful proof of concept, but it has failed as money because it became functionally useless and a Ponzi scheme.
Bitcoin 2.0 (BSV) was an improvement but is still not a fully functional blockchain.
Bitcoin 3.0 https://x.com/Gajumaru_Chain is the final and actual implementation of an actual blockchain that actually works.
Get involved in mining now! https://gajumining.com/shop/?ref=Mess1na
You're welcome.
No thanks.
The author is spot on, but not quite in the way he thinks. Bitcoin - as envisaged in Satoshi's white paper - indeed the trustless peer-to-peer electronic cash that sits outside the massive rent-seeking financial infrastructure.
When one is free to trust The Message (Gajus as cash) without having to trust The Messenger (banks, governments and commercial platforms), money is non-corruptible and free of anyone's control.
Bitcoin 1.0 (BTC) was a wonderful proof of concept, but it has failed as money because it became functionally useless and a Ponzi scheme.
Bitcoin 2.0 (BSV) was an improvement but is still not a fully functional blockchain.
Bitcoin 3.0 (Gajumaru) is the final and actual implementation of an actual blockchain that actually works.
Get involved in mining now! https://gajumining.com/shop/?ref=Mess1na
You're welcome, everyone.
https://christophermessina.substack.com/p/economic-emancipation-of-humanity?r=erlb4