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<p>I was wrong. When investing timing is just as important as thesis. The fact we had the biggest heist of all time ($6B hack) and Bitcoin is holding at $77K three days later is nothing short of remarkable. The market is telling us it doesn’t care and the market shouldn’t be ignored during such major events. In fact the price reaction here can only be interpreted as bullish so far. Therefore, I am wrong on either timing or thesis. I expect the risks from AI and QC will only continue to grow, and I will keep a close ear to the ground. My hope is Bitcoin Core will take action soon to alleviate the LT threat.

Bitcoin, I am back.</p>

I was wrong. When investing timing is just as important as thesis. The fact we had the biggest heist of all time ($6B hack) and Bitcoin is holding at $77K three days later is nothing short of remarkable. The market is telling us it doesn’t care and the market shouldn’t be ignored during such major events. In fact the price reaction here can only be interpreted as bullish so far. Therefore, I am wrong on either timing or thesis. I expect the risks from AI and QC will only continue to grow, and I 

I was wrong. When investing timing is just as important as thesis. The fact we had the biggest heist of all time ($6B hack) and Bitcoin is holding at $77K three days later is nothing short of remarkable. The market is telling us it doesn’t care and the market shouldn’t be ignored during such major events. In fact the price reaction here can only be interpreted as bullish so far. Therefore, I am wrong on either timing or thesis. I expect the risks from AI and QC will only continue to grow, and I will keep a close ear to the ground. My hope is Bitcoin Core will take action soon to alleviate the LT threat. Bitcoin, I am back.

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