2025-q1

Rational Active Allocation - Update (Apr 2025)

Rational Active Allocation - Update (Apr 2025)

In summary:

• Bitcoin's market is volatile, with typical price swings around 5% influenced by sentiment and economic factors.

• Weekend trading is thinner, affecting price movements due to lower liquidity among investors.

• Blackrock's Bitcoin purchases help stabilize the market, attracting more stable ETF buyers.

• Regulatory improvements and potential ETF approvals may legitimize Bitcoin, reducing risks for institutional investors.

• Current market conditions suggest it may be a good time to invest in Bitcoin amid ongoing fluctuations.

Auditing Reserves

Auditing Reserves

I am writing to connect with you and discuss a thought-provoking comparison that has recently caught my attention.

The comparison revolves around the gold reserves held in Fort Knox (or any nation state for that matter), with growing concerns over the apparent absence of recent audits, as opposed to the unique transparency offered by Bitcoin.