#021 Game Theory Begins

Dear subscriber

The world has changed since my last newsletter. In Nov 2020, the last parabolic bullrun was fuelled by companies such as Microstrategy and Telsa announcing their Bitcoin position. As it turned out, few copied Microstrategy, and then Elon Musk helped end the bullrun by tweeting environmental concerns about Bitcoin. The confidence that is driving the current Bitcoin bullrun has a very different feel to it. Here’s seven things that have changed.