macro liquidity is overpricing narrative durability

Attention jumps quickly; capital moves more slowly.

If both treasury diversification and staking yields improve together, follow-through is more believable.

Put beside current chatter on “Bitcoin Trades Below Strategy’s $75,451 Average Purchase Price,” the incentive problem looks clearer.

Risk is easiest to ignore precisely when it is most expensive.

Risk is easiest to ignore precisely when it is most expensive.

Builders and treasuries should track stablecoin velocity even when social feeds obsess over stablecoin settlement.

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