"BP, Shell & Exxon are all abandoning their multi-decade Russian investments knowing they won't get 1 cent back. Russia can't access USD EUR CAN JPY or CHF. All that's left is crypto. Expect every major government to come for it next. As w real assets in Russia, it'll go to zero."
"BP, Shell & Exxon are all abandoning their multi-decade Russian investments knowing they won't get 1 cent back. Russia can't access USD EUR CAN JPY or CHF. All that's left is crypto. Expect every major government to come for it next. As w real assets in Russia, it'll go to zero."
What probability do you assign to that event? Long physical BTC & puts against MSTR might be a good strategy as a hedge?
Tweet by Zeihan:
"BP, Shell & Exxon are all abandoning their multi-decade Russian investments knowing they won't get 1 cent back. Russia can't access USD EUR CAN JPY or CHF. All that's left is crypto. Expect every major government to come for it next. As w real assets in Russia, it'll go to zero."
What probability do you assign to that event? Long physical BTC & puts against MSTR might be a good strategy as a hedge?
Definitely possible. The puts on MSTR sounds good - but i imagine the premium is pretty chunky
Very illiquid, but April'22 'BK' puts ($100) are available for ~50c (max payout 200X). May around ~80c (125X).