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GM frens and fam 🦃
Happy Thanksgiving to the Americans!
Go ahead, get into the wine 😊
But arm yourself with the best explanation of Bitcoin you will ever hear before you start talking trash 👈
And remember those brief moments in which they called you a genius..
Today's Agenda:
- SBF’s Hollywood Break 🎬
- Is the Bottom in Yet? 👀
- Tornado Dev Still Detained 👮
- DCG’s Big $2B Hole 🕳️
- Playboy, Tony Hawk LAND 🏝️
WEN BULL MARKET?
Obviously nobody knows, but just consider the fact that everyone thinks they know that Bitcoin and crypto will continue to plummet from here.
The mainstream media and average folks out there are seeing the FTX collapse and saying “I told you so!”
But a well-known fact about market psychology is that when everyone knows something is going to happen, it usually doesn’t happen, kinda like how everyone knew BTC would go to $100k in 2021.
We’ll see 👀
But here’s a friendly reminder for those who need to hear it today:
The price of BTC today is around $16.5k. What was the price of BTC last Thanksgiving?
Tap your answer below to see if you’re right!
Why a Movie about SBF and FTX will Suck
First off, let's just acknowledge that most of the world is more interested in making a movie about SBF than actually punishing him for his crimes.
SBF is still roaming free; in fact he is still scheduled as a speaker at the upcoming NY Times DealBook Summit alongside many top CEOs, including those of Amazon, TikTok, Netflix, BlackRock, etc. Even Mark Zuckerberg, Mike Pence, and President Volodymyr Zelensky are expected to speak.
Binance’s CEO CZ is not impressed.
That aside, back to the movie.
It was reported yesterday that Apple is seeking the film rights to the SBF story.
Allegedly they are in talks with Michael Lewis, the author of The Big Short, who spent time with Sam as he was already planning a book before the collapse.
Apple wants to buy rights to his book so they can make it into a movie.
But Amazon seems to have beat them to the punch, purchasing rights to a mini-series that will be directed by the Russo brothers - famed for directing Avengers: Endgame and multiple other Marvel-owned movies.
So it all seems good and fun, right?
Hell, I want to see it.
But let’s just be honest about what it’s going to be like: a hit piece on crypto.
SBF’s well-known ties to media outlets and the fluff pieces they’ve published on him will surely inform the writers and directors of the film/series, who will likely lean harder into an anti-crypto stance than an anti-SBF stance.
Just consider this: the same people who have been telling you SBF is a mastermind crypto genius for the past year have been simultaneously attacking Elon Musk and his Twitter takeover, which has objectively made the planet a better, more free place.
Musk went on a bit of a rampage yesterday against said media.
SHOTS FIRED 💥😅
Frankly, I already know the important parts about what happened with FTX, and I’m not so excited about what Apple or Amazon are going to produce, unless they consult Ben Garrison 😅
He never misses.
SBF’s connections with the SEC are also coming to light, so they better include that information as well.
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Web3 Pipeline 📢
Tornado Cash Dev Alexsey Pertsev to Spend Another 3 Months in Custody - if you’re looking for a good cause to lend your time to, this guy prob deserves it.
DCG’s Barry Silbert Reveals a $2B Debt - imagine how hard you have to try to go into debt when you’ve literally been involved in Bitcoin since 2014. All that money moving and funding and backing for what? Just to lose people’s money. Put him in the SBF movie.
Playboy and Tony Hawk To Feature In Sandbox LAND Sale - the sale starts today, and you could get a plot next to Snoop Dogg, the upcoming Playboy MetaMansion, or Tony Hawk’s biggest skatepark in the metaverse!
NFT drops of the day 👀
🐕 Doge Academy | 0.1 (ETH)
Nov 25 - holders get access to an end-to-end NFT course taught by industry experts, hand-drawn historical profile pictures, & 50% discounts on future Doge Academy mints.
🛑 NOTE: drops not promoted/endorsed
✅ DYOR and practice safe minting!
Truuuuue 💯
Take it from Ye West, who went from being a multi-billionaire to not being able to use his Apple Pay in a matter of days.
That’s all for today frens!
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DISCLAIMER: This is not financial advice. This newsletter is strictly educational and is not investment advice to buy or sell any assets or to make any financial decisions. Do your own research.