On The Brink with Castle Island cover image

Weekly Roundup 02/03/23 (Ordinals frenzy, Charlie Munger, Tether truthers are back) (EP.394)

On The Brink with Castle Island

CHAPTER

Bitcoin Energy

A fortune article says they proved manipulation in 2017. So basically for a no corner, they can't explain why the price of Bitcoin went up. They have to find some other explanation, which is apparently Tether. And now they think that Bitcoin rallying from roughly 16,000 to 23,000 is incredibly suspicious. The whole thing's been a violation. There's one cause, you know, the market's not complex. Everything is mono causal according to these people.

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