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Former Meta Engineer Explains Why He Sold All His Bitcoin Former Meta engineer TechLead has resurfaced after a period of silence, admitting he has liquidated his entire Bitcoin position. He argues that Bitcoin's core problem is that "attention is liquidity" — the NFT bubble proved that holding alone can't...

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Wu Blockchain

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28,203 views • 11 days ago •via X (Twitter)

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LUKE GROMEN SAYS NO ONE HAS ACCURATELY DESCRIBED HIS NEAR-TERM BEARISH STANCE ON BITCOIN So here it is, line by line: • Gromen says he sold most, but not all, of his Bitcoin. • He argues most people misunderstand why he is bearish. • He says his thesis that Bitcoin is the last functioning smoke alarm of global liquidity has been proven right. • What was proven wrong, for now, is Bitcoin as a neutral reserve asset in deflation. • In deflation, Bitcoin trades like a high beta tech stock. • In other words, Bitcoin behaves like equity, not cash or gold. • The global economy is extremely leveraged. • In any leveraged system, deflation hits the equity tranche first. • Bitcoin, in Gromen’s framework, is the equity tranche. • AI and robotics are enforcing accelerating, exponential deflation. • Productivity gains overwhelm anything short of extreme money printing. • Without “nuclear printing,” deflation dominates. • When deflation dominates, equity prices fall. • Because Bitcoin trades like equity, Bitcoin falls. • Gromen does not think nuclear printing is coming soon. • He thinks sentiment on Bitcoin remains extremely bullish because of all the hate he has gotten for selling. • Long term, he is still bullish on Bitcoin. • He still expects deflation to eventually force the 'nuclear printing'. • His mistake was timing the policy response too early. • Until that response arrives, he believes Bitcoin is vulnerable.
5:02

LUKE GROMEN SAYS NO ONE HAS ACCURATELY DESCRIBED HIS NEAR-TERM BEARISH STANCE ON BITCOIN So here it is, line by line: • Gromen says he sold most, but not all, of his Bitcoin. • He argues most people misunderstand why he is bearish. • He says his thesis that Bitcoin is the last functioning smoke alarm of global liquidity has been proven right. • What was proven wrong, for now, is Bitcoin as a neutral reserve asset in deflation. • In deflation, Bitcoin trades like a high beta tech stock. • In other words, Bitcoin behaves like equity, not cash or gold. • The global economy is extremely leveraged. • In any leveraged system, deflation hits the equity tranche first. • Bitcoin, in Gromen’s framework, is the equity tranche. • AI and robotics are enforcing accelerating, exponential deflation. • Productivity gains overwhelm anything short of extreme money printing. • Without “nuclear printing,” deflation dominates. • When deflation dominates, equity prices fall. • Because Bitcoin trades like equity, Bitcoin falls. • Gromen does not think nuclear printing is coming soon. • He thinks sentiment on Bitcoin remains extremely bullish because of all the hate he has gotten for selling. • Long term, he is still bullish on Bitcoin. • He still expects deflation to eventually force the 'nuclear printing'. • His mistake was timing the policy response too early. • Until that response arrives, he believes Bitcoin is vulnerable.

Bitcoin News

201,601 views • 6 months ago

🔥FORMER META ENGINEER: BITCOIN HAS TWO TICKING TIME BOMBS He says quantum computers could one day break Bitcoin wallet security, with no cohesive plan to migrate the network. The second: 95% of all Bitcoin is already minted and the fee economy that was supposed to replace block rewards never materialized. "A slow death spiral could trigger."
1:16

🔥FORMER META ENGINEER: BITCOIN HAS TWO TICKING TIME BOMBS He says quantum computers could one day break Bitcoin wallet security, with no cohesive plan to migrate the network. The second: 95% of all Bitcoin is already minted and the fee economy that was supposed to replace block rewards never materialized. "A slow death spiral could trigger."

Coin Bureau

252,609 views • 9 days ago

"Trump told me he owns a significant amount of bitcoin.. not going to disclose the number.. he had a significant position even at that time, and price has gone up a lot since.. it's about alignment what's good for bitcoin is good for all of us" -David Bailey🇵🇷 $2.0mm/btc is the floor Michael Saylor's $100k NYE
0:41

"Trump told me he owns a significant amount of bitcoin.. not going to disclose the number.. he had a significant position even at that time, and price has gone up a lot since.. it's about alignment what's good for bitcoin is good for all of us" -David Bailey🇵🇷 $2.0mm/btc is the floor Michael Saylor's $100k NYE

Adam Back

284,080 views • 1 year ago

Former Meta Engineer: Quantum Computing and Miners Are Bitcoin’s Two Ticking Time Bombs A former Meta engineer TechLead says Bitcoin faces two ticking time bombs that have yet to be defused: quantum computing and the future of miner incentives. Quantum advances could one day threaten Bitcoin wallet security, while the lack of a sustainable fee market raises questions about long-term network security as mining rewards decline. He also challenges Bitcoin’s vision as a sovereign currency, arguing that governments are unlikely to tolerate a monetary system beyond their control.
2:20

Former Meta Engineer: Quantum Computing and Miners Are Bitcoin’s Two Ticking Time Bombs A former Meta engineer TechLead says Bitcoin faces two ticking time bombs that have yet to be defused: quantum computing and the future of miner incentives. Quantum advances could one day threaten Bitcoin wallet security, while the lack of a sustainable fee market raises questions about long-term network security as mining rewards decline. He also challenges Bitcoin’s vision as a sovereign currency, arguing that governments are unlikely to tolerate a monetary system beyond their control.

Wu Blockchain

36,436 views • 9 days ago

Saylor just proved to the SEC and S&P that the Bitcoin actually backs the products "He sold $216,000,000 worth of Bitcoin and covered a quarter of dividends for all the preferreds plus an extra month for some of them" "He can sell less than half a percent of his stack at any given time and cover every single obligation he has for three to four months" "The SEC wants to see that. And the S&P wants to see that the Bitcoin is actually backing these products"
0:44

Saylor just proved to the SEC and S&P that the Bitcoin actually backs the products "He sold $216,000,000 worth of Bitcoin and covered a quarter of dividends for all the preferreds plus an extra month for some of them" "He can sell less than half a percent of his stack at any given time and cover every single obligation he has for three to four months" "The SEC wants to see that. And the S&P wants to see that the Bitcoin is actually backing these products"

The Wolf Of All Streets

145,745 views • 13 days ago

Vinny Lingham on exactly how the MSTR empire could crash step by step "The moment MSTR trades at a discount he cannot raise more cash. He is locked out. He cannot sell MSTR. He cannot sell STRC. Then he starts running out of cash. Call it nine months, eight months, seven months" "The market prices this in well in advance. The biggest buyer of Bitcoin is being removed. People selling Bitcoin are going to push the price down" "There is a void that forms in the market. The person who has been providing liquidity for years is no longer providing it. The price of Bitcoin goes into a deeper bear market. And then he has to sell Bitcoin to pay the interest on the preferreds"
1:32

Vinny Lingham on exactly how the MSTR empire could crash step by step "The moment MSTR trades at a discount he cannot raise more cash. He is locked out. He cannot sell MSTR. He cannot sell STRC. Then he starts running out of cash. Call it nine months, eight months, seven months" "The market prices this in well in advance. The biggest buyer of Bitcoin is being removed. People selling Bitcoin are going to push the price down" "There is a void that forms in the market. The person who has been providing liquidity for years is no longer providing it. The price of Bitcoin goes into a deeper bear market. And then he has to sell Bitcoin to pay the interest on the preferreds"

Laura Shin

98,022 views • 25 days ago

Wow a memecoin CTO has unearthed a piece of crypto history... A 12 year-old boy made a youtube video in 2011 talking about Bitcoin when it was still at only $8... even before Davinci Davinci Jeremie made his viral video and before Michael Saylor has even heard of Bitcoin. The $TPU community has made a memecoin to honour First Bitcoin Kid Token and has since found him and gotten in touch with him, with the mission of spreading this story and getting eyes on this piece of crypto history. 🔥 Tom the First Bitcoin Kid now holds and has agreed to lock nearly 12,000,000 TPU for 6 months and has since come onto a spaces to tell the rest of his story, explaining that he was too young to invest in Bitcoin at the time. Their next mission is to get 1 bitcoin for Tom so he can purchase it for $8 so he can buy it at the price he found it at! Super dedicated and cultish community have been working hard and are making quick progress with their missions.
0:31

Wow a memecoin CTO has unearthed a piece of crypto history... A 12 year-old boy made a youtube video in 2011 talking about Bitcoin when it was still at only $8... even before Davinci Davinci Jeremie made his viral video and before Michael Saylor has even heard of Bitcoin. The $TPU community has made a memecoin to honour First Bitcoin Kid Token and has since found him and gotten in touch with him, with the mission of spreading this story and getting eyes on this piece of crypto history. 🔥 Tom the First Bitcoin Kid now holds and has agreed to lock nearly 12,000,000 TPU for 6 months and has since come onto a spaces to tell the rest of his story, explaining that he was too young to invest in Bitcoin at the time. Their next mission is to get 1 bitcoin for Tom so he can purchase it for $8 so he can buy it at the price he found it at! Super dedicated and cultish community have been working hard and are making quick progress with their missions.

Kate Miller

152,762 views • 1 year ago

Arthur Hayes: Selling Altcoins Because the AI Trade is About to Peak On June 13, 2026, Arthur Hayes Arthur Hayes stated in an interview with Cointelegraph that he had liquidated his altcoin positions, including HYPE, NEAR, and Worldcoin. Reflecting on his previous macro forecasts, he mentioned that current fiat liquidity did not flow into Bitcoin, but was instead entirely absorbed by the AI sector. Hayes believes the AI narrative is currently facing three problems: the vexing price of energy, the risk of US policy reversals, and the liquidity drain from the mega IPOs of Anthropic and OpenAI. He expressed that it is not as if AI goes down 50%, people have capital to invest in Bitcoin; rather, Bitcoin would get "thrown out with the bathwater." Given these risks are present, he decided to exit.
2:18

Arthur Hayes: Selling Altcoins Because the AI Trade is About to Peak On June 13, 2026, Arthur Hayes Arthur Hayes stated in an interview with Cointelegraph that he had liquidated his altcoin positions, including HYPE, NEAR, and Worldcoin. Reflecting on his previous macro forecasts, he mentioned that current fiat liquidity did not flow into Bitcoin, but was instead entirely absorbed by the AI sector. Hayes believes the AI narrative is currently facing three problems: the vexing price of energy, the risk of US policy reversals, and the liquidity drain from the mega IPOs of Anthropic and OpenAI. He expressed that it is not as if AI goes down 50%, people have capital to invest in Bitcoin; rather, Bitcoin would get "thrown out with the bathwater." Given these risks are present, he decided to exit.

Wu Blockchain

45,748 views • 28 days ago

Adam Back is a prominent British cryptographer and the CEO of Blockstream. He is widely speculated to be Satoshi Nakamoto, the pseudonymous inventor of Bitcoin. In less than 40 seconds he explains WHY Bitcoin is a generational buying opportunity right now:
0:39

Adam Back is a prominent British cryptographer and the CEO of Blockstream. He is widely speculated to be Satoshi Nakamoto, the pseudonymous inventor of Bitcoin. In less than 40 seconds he explains WHY Bitcoin is a generational buying opportunity right now:

Altcoin Daily

130,623 views • 23 days ago

Tom Lee says he believes MSTR is close to a bottom, #Bitcoin could drop to $77,000 and explains why MSTR’s price has been cratering for the last 3 months. Must watch interview.
2:31

Tom Lee says he believes MSTR is close to a bottom, #Bitcoin could drop to $77,000 and explains why MSTR’s price has been cratering for the last 3 months. Must watch interview.

Bitcoin Teddy

186,918 views • 7 months ago

CZ Binance says that the first time he bought Bitcoin he sold his apartment for $900K to buy the dip at $400 and he didn’t even have a job at the time. Total crypto degen. 🤯
0:27

CZ Binance says that the first time he bought Bitcoin he sold his apartment for $900K to buy the dip at $400 and he didn’t even have a job at the time. Total crypto degen. 🤯

The ₿itcoin Therapist

878,708 views • 5 months ago

JUST IN: 🇺🇸 Fed Chair Powell says he is "struck" at the growing number of cases of Bitcoin and crypto firms that were debanked and he is "determined to take a fresh look at that."
2:13

JUST IN: 🇺🇸 Fed Chair Powell says he is "struck" at the growing number of cases of Bitcoin and crypto firms that were debanked and he is "determined to take a fresh look at that."

Bitcoin Magazine

496,836 views • 1 year ago

1/ A former Russian police officer who is preparing for his imminent murder in Ukraine has recorded a farewell video explaining the circumstances of his death to his relatives. He says that a Russian major general has ordered that he is to die on the front line. ⬇️
4:46

1/ A former Russian police officer who is preparing for his imminent murder in Ukraine has recorded a farewell video explaining the circumstances of his death to his relatives. He says that a Russian major general has ordered that he is to die on the front line. ⬇️

ChrisO_wiki

561,635 views • 1 year ago

Michael Saylor's end game is to buy $3 trillion worth of #Bitcoin! 👀 Microstrategy could, CONSERVATIVELY, own approximately 16% of the total Bitcoin Supply or 3,439,002 Bitcoin!! For those that think this is a MOONBOI projection, listen to the video clip below, VERY CLOSELY, and you will hear him say that he plans on buying $3 trillion worth of Bitcoin 🤯 Even if Saylor buys $3 trillion worth of Bitcoin, at an average price of $1 million per coin, he would be able to buy 3,000,000 Bitcoin! Check my math! This would CONSERVATIVELY bring his total Bitcoin holdings to 3,444,262, or 16% of the total Bitcoin Supply!! Saylor could single handedly jack the price of Bitcoin to $1 million per coin and Samson Mow's Omega candle could be coming in 2025. What going to happen when Nation States, Google, Amazon, Facebook and billions of people complement Saylor's $3 trillion purchase? What is bigger than an omega candle? I asked GROK and it doesn't even know! 😂 I think we should name it the ♾️ candle. This would be representative of Wicked's Stock to Fomo model (see graphic below) and his post: Saylor has said he is going to double his $42 Billion Bitcoin investment at least 4 times and here is how this could lead to him acquiring more than 4 million Bitcoin in 2025: Q1 2025 - Raise $84 Billion to buy 700,000 Bitcoin at average price of $120k/Bitcoin. Q2 2025 - Raise $168 Billion to buy 988,235 Bitcoin at average price of $170k/Bitcoin Q3 2025 - Raise $336 Billion to buy 1,050,000 Bitcoin at average price of $320k/Bitcoin Q4 2025 - Raise $672 Billion to buy 1,680,000 Bitcoin at average price of $400k/Bitcoin In one year there is the possibility that he could REALISTICALLY buy 4,418,235 Bitcoin!! I say "realistically" because the demand for Saylor's $42 Billion equity raise was so great that he is going to be able to use it all up in 3-4 months instead of the projected 3 years!!🤯 This would bring their current Bitcoin holdings of 444,262 Bitcoin to 4,857,237!!!! Or 23% of all Bitcoin!! Calculations are based on our post below: We are closer to $1 million Bitcoin than you think. I believe we will get to this price sooner than Wicked 's projected date of 4/4/2030. I agree with Samson that we get to $1 million per coin by the end of 2025! Hold on to your hat, because we are about to experience exponential, LIFTOFF. To understand exponential growth, envision yourself holding two very powerful magnets. As you start to bring the two magnets together, it gets harder to hold them apart and all of a sudden, BAM, they clap together! This is what we are about to experience, a SUDDEN BAM, in the price of Bitcoin as adoption goes from <1% to 10% in a very short time frame. Now you may better understand why Saylor is frantically, but intelligently, trying to buy $42 Billion of Bitcoin. As an engineer he understands what exponential demand will cause to the price of a finite commodity. Saylor has been on record as saying that "he will be buying the top forever." Don't ever underestimate an astro/aeronautical MIT engineer.
0:36

Michael Saylor's end game is to buy $3 trillion worth of #Bitcoin! 👀 Microstrategy could, CONSERVATIVELY, own approximately 16% of the total Bitcoin Supply or 3,439,002 Bitcoin!! For those that think this is a MOONBOI projection, listen to the video clip below, VERY CLOSELY, and you will hear him say that he plans on buying $3 trillion worth of Bitcoin 🤯 Even if Saylor buys $3 trillion worth of Bitcoin, at an average price of $1 million per coin, he would be able to buy 3,000,000 Bitcoin! Check my math! This would CONSERVATIVELY bring his total Bitcoin holdings to 3,444,262, or 16% of the total Bitcoin Supply!! Saylor could single handedly jack the price of Bitcoin to $1 million per coin and Samson Mow's Omega candle could be coming in 2025. What going to happen when Nation States, Google, Amazon, Facebook and billions of people complement Saylor's $3 trillion purchase? What is bigger than an omega candle? I asked GROK and it doesn't even know! 😂 I think we should name it the ♾️ candle. This would be representative of Wicked's Stock to Fomo model (see graphic below) and his post: Saylor has said he is going to double his $42 Billion Bitcoin investment at least 4 times and here is how this could lead to him acquiring more than 4 million Bitcoin in 2025: Q1 2025 - Raise $84 Billion to buy 700,000 Bitcoin at average price of $120k/Bitcoin. Q2 2025 - Raise $168 Billion to buy 988,235 Bitcoin at average price of $170k/Bitcoin Q3 2025 - Raise $336 Billion to buy 1,050,000 Bitcoin at average price of $320k/Bitcoin Q4 2025 - Raise $672 Billion to buy 1,680,000 Bitcoin at average price of $400k/Bitcoin In one year there is the possibility that he could REALISTICALLY buy 4,418,235 Bitcoin!! I say "realistically" because the demand for Saylor's $42 Billion equity raise was so great that he is going to be able to use it all up in 3-4 months instead of the projected 3 years!!🤯 This would bring their current Bitcoin holdings of 444,262 Bitcoin to 4,857,237!!!! Or 23% of all Bitcoin!! Calculations are based on our post below: We are closer to $1 million Bitcoin than you think. I believe we will get to this price sooner than Wicked 's projected date of 4/4/2030. I agree with Samson that we get to $1 million per coin by the end of 2025! Hold on to your hat, because we are about to experience exponential, LIFTOFF. To understand exponential growth, envision yourself holding two very powerful magnets. As you start to bring the two magnets together, it gets harder to hold them apart and all of a sudden, BAM, they clap together! This is what we are about to experience, a SUDDEN BAM, in the price of Bitcoin as adoption goes from <1% to 10% in a very short time frame. Now you may better understand why Saylor is frantically, but intelligently, trying to buy $42 Billion of Bitcoin. As an engineer he understands what exponential demand will cause to the price of a finite commodity. Saylor has been on record as saying that "he will be buying the top forever." Don't ever underestimate an astro/aeronautical MIT engineer.

Satoshi’s Journal

280,298 views • 1 year ago

Navarro: It's not that people say that Trump is a racist. The housing department in the 1970s said he and his father is were racist. He has got a long track record. We could sit here all night and trace back all of the racist things he has said and done through his lifetime, not just his presidency.
0:50

Navarro: It's not that people say that Trump is a racist. The housing department in the 1970s said he and his father is were racist. He has got a long track record. We could sit here all night and trace back all of the racist things he has said and done through his lifetime, not just his presidency.

Acyn

88,888 views • 5 months ago

"All the doomsayers assumed he had no access to capital markets, and that if he sold his Bitcoin, Bitcoin would plummet like a rock. In two weeks he's disproven the entirety of the mega bear case" Dave on how Saylor quietly dismantled the entire bear case in two weeks "The market cares about two things. One, what's going to be the value of their Bitcoin reserve, and two, does he have access to capital markets" "What have we learned the last two weeks? We've learned that he could sell Bitcoin and the price could rise and go up. And he's not even buying. And we learned that he could access capital markets without touching Bitcoin and raise cash if he needs to" "Basically what he's done in the last two weeks is disproven the entirety of the mega bear case, the disastrous circle, the flush down the drain"
0:44

"All the doomsayers assumed he had no access to capital markets, and that if he sold his Bitcoin, Bitcoin would plummet like a rock. In two weeks he's disproven the entirety of the mega bear case" Dave on how Saylor quietly dismantled the entire bear case in two weeks "The market cares about two things. One, what's going to be the value of their Bitcoin reserve, and two, does he have access to capital markets" "What have we learned the last two weeks? We've learned that he could sell Bitcoin and the price could rise and go up. And he's not even buying. And we learned that he could access capital markets without touching Bitcoin and raise cash if he needs to" "Basically what he's done in the last two weeks is disproven the entirety of the mega bear case, the disastrous circle, the flush down the drain"

The Wolf Of All Streets

57,587 views • 7 days ago

🚨BREAKING: Trump says he is a person who has “built buildings under budget and ahead of schedule.” He forgot to mention that he has fucked over workers all his life and has increased the budget of his ballroom 12 times.
0:44

🚨BREAKING: Trump says he is a person who has “built buildings under budget and ahead of schedule.” He forgot to mention that he has fucked over workers all his life and has increased the budget of his ballroom 12 times.

CALL TO ACTIVISM

317,721 views • 5 months ago

John Methu: Even if I were Rigathi Gachagua, whether he is impeached or removed from office, he still remains former DP and therefore, he has his rightful position. Rigathi Gachagua will always speak just before the DP. That is just protocol; he still has a place in the protocol. He has a position; he is only the former DP of Kenya on paper, but in the hearts of the many people of Kenya, he is their preferred leader. He even told the president, you can remove me from office, but you cannot remove me from the hearts of these people #CitizenSundayLive
3:33

John Methu: Even if I were Rigathi Gachagua, whether he is impeached or removed from office, he still remains former DP and therefore, he has his rightful position. Rigathi Gachagua will always speak just before the DP. That is just protocol; he still has a place in the protocol. He has a position; he is only the former DP of Kenya on paper, but in the hearts of the many people of Kenya, he is their preferred leader. He even told the president, you can remove me from office, but you cannot remove me from the hearts of these people #CitizenSundayLive

Citizen TV Kenya

26,584 views • 3 months ago

🔥BITCOIN’S “ENDGAME” MAY BE ARRIVING. Jeff Park says markets are used to “negative rho Bitcoin” — where lower rates and easier policy lift all risk assets, including BTC. But he argues the real “mythical, elusive, perfect holy grail” is “positive rho Bitcoin” — when Bitcoin rises as interest rates rise. If markets can’t price the yield curve like before, he says we may need “a different model of commodities." "Bitcoin is that hedge.”
1:17

🔥BITCOIN’S “ENDGAME” MAY BE ARRIVING. Jeff Park says markets are used to “negative rho Bitcoin” — where lower rates and easier policy lift all risk assets, including BTC. But he argues the real “mythical, elusive, perfect holy grail” is “positive rho Bitcoin” — when Bitcoin rises as interest rates rise. If markets can’t price the yield curve like before, he says we may need “a different model of commodities." "Bitcoin is that hedge.”

Coin Bureau

57,469 views • 5 months ago