A retinue of nitwits thinks he’s some kind of business wizard genius sorcerer, but accusations about a huge Ponzi scheme ring far truer than declarations of acumen.

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I am already short IBIT and long BITI, but I wanted to highlight how precarious Bitcoin’s position continues to be. I dream of the day when this scam is worth just a few thousand bucks.

With all due respect to Alex Karp and his stupid hair, I think this preposterously overvalued company (which has already lost almost half its value) is getting ready to go into a free-fall.
