Thomas J. Lee, Keynote speaker Fundstrat bigwig. This shou…

2020, start/continuation of bull market in crypto

2019, crypto is best performing asset class

Best performing asset since September, BSV.

Watching "Bitcoin Core" (language is interesting, did he appeal to the crowd, or use it naturally?) 200d avg.

Looking at historical data...

(Does past performance guarantee future results? Why or why not?)

He thinks the halvening will be a positive force on price.

"Real money coming from retail"

Agreed for a year or two, not 5 years.

"US is most important market"
Sure. I can see that view.

"Less about money, more about disrupting banking"

Eh. I think this is using very narrow views on what money and banking are.

In all honesty, I just feel like this is gambling info.

2% exposure, just in case!!

Where is the focus on real value? It's all money. They aren't the same thing!

I get that a ton of people think this way, and in the past (inflationary environment) it has been profitable for people, but the fallacies involved are huge, elephant in the room status.

But come on... It's the wrong philosophy on so many levels.

Banking isn't free... Sure. But that doesn't mean that the direct incentives lead to Bitcoin/crypto improving that. It doesn't mean banking is the advancement.

This is all correlation = causation stuff... Blegh.

The entire focus is on outcome, not process... Not real wealth. Just money. Just prices.

I hope David talks about real fundamentals... He just got on stage.

2011 = old timers.

:)

David appears to be more down to earth. Talking about giving good info, doing deep dives, clearing out the FUD, essentially.

At the very least, it sounds like good intentions. Hard to say about the details yet. Need more info.

Ok, tons of real, dense info coming quickly now. Going to have to summarize thoughts in a little bit...

Talking a lot about differentiation across different aspects... Scalability, metanet. Societal problems that we are uniquely positioned to solve.

Pausing... Too much to type and listen at the same time now.

Listen to the language he is using. That tells a lot about his thinking, his perspective, paradigm, etc.

I think most BSV folks will miss 90% of what he's really saying here.

Thomas Lee was an "investor" and money guy.

David is the bridge between where we're at and where Thomas is at. But that still requires a translation.

When David talks about differentiation and unique positioning, he's talking about tech, and money.

David is the one we should focus on most here because his position, his unique position, is to be the translator.

Listen, truly listen, to what he's saying. It is the perspective we need to focus on. He is in the weeds on this from the investment side.

Moving on again now...

Looking directly at what's being done on chain.

This is more of a resource level look.

Talking about transaction counts (quantity,) as usage, plus low transaction fees.

Talking about price, but as a concession, and bringing it back to fundamentals. Good.

Seems like he has a model of miners as the BSV level, then applications as another level. Sounds correct to me.

David just finished. I like what he has to say. He appears to "get it" much better than Thomas Lee does, IMO.

Thomas throws darts according to where the wind seems to generally maybe be going.

David throws darts where he knows the wind is blowing, because he sees a fan in the room.

Just my early reaction based on these talks only.