Cryptocurrency: Hacked PeterSchiff's Golden Son Spencer - AnCap Bitcoiner
Spencer Schiff @SpencerKSchiff 20 | Anarcho-capitalist, Bitcoiner, tech enthusiast Joined January 2018 Tweets 7,134 Following 136 Followers 138,813 Likes 43,990 331 Photos and videos Tweets Tweets & Replies Media Search Spencer Schiff @SpencerKSchiff 12h After his account got hacked, my dad (@PeterSchiff) still can't access it because Twitter is apparently unable to verify him as the legitimate owner of the account. @elonmusk your help would be appreciated, he had nearly a million followers so this account is important to him. 153 50 29 530 Spencer Schiff @SpencerKSchiff Jun 3 DO NOT CLICK THIS LINK. My dad is in London and it's 4 AM over there which means he was almost certainly hacked. He's not responding to any of my texts. This tweet is unavailable 142 205 65 1,119 Spencer Schiff retweeted Smoke-away @SmokeAwayyy May 30 Good morning. 1 day closer to AGI. 25 48 3 452 Spencer Schiff retweeted Spencer Schiff @SpencerKSchiff May 30 Replying to @NorthmanTrader Inflation is on the verge of disappearing forever. I expect this to happen within the next couple years. Deflation will be the new normal soon. 42 3 4 49 Spencer Schiff retweeted Spencer Schiff @SpencerKSchiff May 28 Replying to @WallStreetSilv The national debt doesn’t matter. It’s not a problem anymore. The economy is going to grow way faster than the debt. 126 8 7 90 Spencer Schiff retweeted Smoke-away @SmokeAwayyy May 27 The Technological Convergence: - AGI - Self-driving cars - Humanoid robots - Interplanetary rockets - Brain computer interfaces - Matrix-level 3D world generation So much advanced tech developing right around the same time... We really are approaching the event horizon. 78 141 13 796 Spencer Schiff retweeted Whole Mars Catalog @WholeMarsBlog May 26 54 minutes of driving with zero human input on Tesla Full Self-Driving Beta 11.4.1 Watch in 4K: piped.kavin.rocks/D9mHOJRByUI 65 151 27 1,264 49,359 Show this thread Spencer Schiff retweeted Spencer Schiff @SpencerKSchiff May 26 Replying to @Emmonspired Rate hikes don't matter. We're going to have an enormous economic boom starting this year. By the end of 2024 it will be obvious to everyone. Productivity growth and real GDP growth are about to go through the roof, combined with hyperdeflation. 35 4 2 37 Spencer Schiff retweeted Avi @AviSchiffmann May 26 humanity really needs to realize we’re becoming obsolete & full send transhumanism bio projects. the human body will not conquer space & time, we can barely stay in orbit without getting fucked up. we need to evolve 24 9 2 101 Spencer Schiff retweeted Siqi Chen @blader May 15 not enough people are talking about the fact that if agi/asi happens before 2050 (which at this point is a consensus overly conservative timeline), and assuming we solve alignment, then everyone under retirement age today is likely to live forever. 169 65 50 720 Show this thread Spencer Schiff retweeted George Gammon @GeorgeGammon Apr 10 Next Rebel Capitalist Live conference is May 12-14, Orlando. Speakers include @LynAldenContact @mike_maloney @PeterSchiff @SantiagoAuFund @JeffSnider_AIP @kenmcelroy @JasonHartmanROI @barnes_law @BobMurphyEcon @thesovereignman @capitalistexp Tickets at RebelCapitalistLive.com Home Rebel Capitalist Live IV Let our macroeconomics and personal freedom experts help you build wealth and thrive in a world of out-of-control central banks and big governments. Reserve Your Seat Now!... rebelcapitalistlive.com William Clarke @bluffsharkBill Apr 10 Replying to @GeorgeGammon George is there a show coming up in Orlando soon? 15 13 1 85 Spencer Schiff retweeted Per Bylund @PerBylund Apr 30 Economic literacy in three easy steps: 1. mises.org/primer by @PerBylund 2. saifedean.com/poe by @saifedean 3. independent.org/store/book.a… by @BobMurphyEcon 23 94 4 320 Spencer Schiff retweeted Bitstein @bitstein Apr 18 Good morning. Taxation is theft. Abolish the IRS. Inflation is a stealth tax. Abolish the Federal Reserve. 19 72 8 396 Spencer Schiff retweeted Bitcoin Magazine @BitcoinMagazine Apr 11 BREAKING: $30,000 #Bitcoin 🐂 649 3,126 232 15,467 Show this thread Spencer Schiff retweeted Saifedean Ammous @saifedean Mar 25 There's a discussion of this very point between @jeffdeist and @BobMurphyEcon on the latest human action podcast mises.org/library/how-bankin… How Banking Could Work With commercial banks exposed by the recent bailouts, Americans question whether “their money” is truly safe despite the promises of FDIC insurance. mises.org 14 33 144 Show this thread Spencer Schiff retweeted Peter Schiff @PeterSchiff Mar 19 I just listened to @SenWarren claim that #banks took on so much risk because regulation was too light. In reality, it was heavy regulation and the moral hazard it produced, together with #Fed ZIRP and QE, that are the reasons so many banks took on that risk and are now insolvent. 187 417 24 2,620 Spencer Schiff retweeted Dan Held 🧙♂️ @danheld Mar 17 Bitcoin = freedom CBDC = slavery It’s that simple. 96 318 12 1,591 Spencer Schiff retweeted Tom Woods @ThomasEWoods Jan 29 Far from a distraction, it's essential. The problem with the police isn't "racism," as the comic-book version of the world would have it; it's statism Correct answers: ProblemsWithPolice.com 44 122 8 811 Spencer Schiff retweeted Peter Schiff @PeterSchiff 21 Nov 2022 After less than two full days of a contrived boycott, @CBSNews resumed posting on #Twitter. Given its low engagement, hardly anyone will notice. CBS may have 10 times the followers I have, but I have ten times the engagement. CBS Twitter followers are fake, just like the network. 202 325 16 3,944 Spencer Schiff retweeted Dr. Parik Patel, BA, CFA, ACCA Esq. @ParikPatelCFA 15 Nov 2022 It’s a real testament to how badly FTX and Alameda blew up when you can literally trade against users with data from an exchange you own 106 55 7 785 Load more
Spencer Schiff @SpencerKSchiff 20 | Anarcho-capitalist, Bitcoiner, tech enthusiast Joined January 2018
20 | Anarcho-capitalist, tech enthusiast, optimist Tweets 7,692 Following 136 Followers 137,249 Likes 44,993 "My son has moved from fad of Bitcoin to bullish on AI -- Peter" "Bitcoin no major impact, goes to zero, AI is future -- Spencer" "Oh no, if Peter Schiff's son is no longer bullish on Bitcoin, it's all over folks. I'm going to sell it all and buy Nvidia stock. Wish me luck." Model for when will Crypto be usable as Unit of Account... 50/50 a fine and reasonable allocation for goldbugs. https://i.redd.it/1kb9nmzk05eb1.png Gold https://i.redd.it/nl72jew1i3eb1.jpg Crypto GC 1963.60 0.071 1615.10 21.578 2072.00 -5.232 CL 79.78 1.321 63.64 25.361 101.88 -21.692 BTC 29270.20 0.883 15599.05 87.641 31814.52 -7.997 BCH 236.92 -1.061 88.29 168.343 326.12 -27.352 XMR 162.25 0.726 116.10 39.750 187.21 -13.333 DOGE 0.08 11.728 0.06 33.333 0.16 -50.000 ETH 1862.36 1.038 1081.14 72.259 2137.45 -12.870 LTC 89.40 0.665 48.87 82.934 114.50 -21.921 NVDA 457.75 2.607 108.13 323.333 480.88 -4.810
Spencer Schiff @SpencerKSchiff 20 | Anarcho-capitalist, Bitcoiner, tech enthusiast 20 | Anarcho-capitalist, tech enthusiast, optimist
"My son has moved from fad of Bitcoin to bullish on AI -- Peter" "Bitcoin no major impact, goes to zero, AI is future -- Spencer"
"Oh no, if Peter Schiff's son is no longer bullish on Bitcoin, it's all over folks. I'm going to sell it all and buy Nvidia stock. Wish me luck."
Blackrock begs to differ... Asset Allocation with Crypto: Application of Preferences for Positive Skewness Andrew Ang, Blackrock, February 22, 2022, 43pp https://ssrn.com/abstract=4042239 Asset Allocation Skewness Blackrock "The optimal BTC allocation is a large 84.9%! ... Although BTC has an extremely large volatility of 1.322, the pronounced positive skewness leads to large allocations and dominates in the utility function. -- Blackrock" " Bitcoin (BTC) returns exhibit pronounced positive skewness with a third central moment of approximately 150% per year. They are well characterized by a mixture of Normals distribution with one “normal” regime and a small probability of a “bliss” regime where the price appreciation is more than 100 times at the annual horizon. The large right-tail skew induces investors with preferences for positive skewness to add significant BTC holdings to equity-bond portfolios. Even when BTC is forecast to lose half of its value in the normal regime, investors with power utility optimally add 3% allocations to BTC when the probability of the bliss regime is around 1%. Cumulative Prospect Theory investors are even more sensitive to positive skewness and hold BTC allocations of around 3% when the probability of the bliss regime is 0.0006 and the mean of BTC in the normal regime corresponds to a loss of 90%. Keywords: cryptocurrency, Bitcoin, crypto trading strategy, asset allocation with crypto, portfolio choice, cumulative prospect theory "
Model for when will Crypto be usable as Unit of Account... 50/50 a fine and reasonable allocation for goldbugs.
https://i.redd.it/1kb9nmzk05eb1.png Gold https://i.redd.it/nl72jew1i3eb1.jpg Crypto
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