A million people marching against Crime Minister Netanyahu's judicial "reform" is not a sign of imminent collapse, but of a healthy democracy the US would do well to imitate. The same goes for the hostage family-led protests against his Gaza war management.

BTC isn't like gold. My NEM shares pay a dividend indexed to the gold price. I can sell cash-supported BTM puts to enhance the yield and get more shares at the price I want. BTC has no underlying cash flows like a leading gold miner.

That the options of a nearly failing software firm that went all-in on BTC (MSTR) have implied volatility nearing triple digits tells you that crypto is just another risk asset. But it comes with binary outcomes resembling a startup, but without a good startup's multibagger potential. If you want to play in this casino do it with your eyes open about what the real game is: gambling. This Buffettism applies here: if you're in a poker game and don't know who the patsy is, you're it.

The crypto casino hasn't changed since I wrote this 3 years ago: https://medium.com/the-money-mindset/zombienomics-2-0-crypto-monetarist-austrian-economics-edition-21250d9754d0