The Pomp Letter

To investors, Will Clemente breaks down the volatility from this week using on-chain metrics to separate the signal from the noise. You can follow Will on Twitter or sign up for his email by clicking here . Here is Will’s analysis: Hope you are all doing well and had a great week. At the time of writing, BTC sits at $50,312 after hitting a weekly high of $59,592 on Monday and low of $46,000 on Wed...

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 160,000 other investors today. To investors, Elon Musk posted a tweet last night that stated Tesla would be ceasing acceptance of bitcoin for any purchases. All hell broke loose almost immediately. Bitcoin was already down about 8% for the...

To investors, Today I am announcing that I have led a $5 million Series A investment in Synthesis, which is the education spin-out from the school that Elon Musk custom built for his own children. If you remember, I previously led the seed round of the company about two and a half months ago. Here is what I wrote about the business at the time: “The traditional school system teaches our children r...

To investors, The letter today is from Will Clemente, who has become one of the best bitcoin analysts in the industry in my opinion. He recently started his own, free email that I highly suggest you subscribe to receive: Click here to get Will’s work each week He will also be joining me each week for a new Saturday podcast episode that will review the weekly on-chain metrics as well. Will is a sma...

To investors, Below is the weekly write-up from bitcoin analyst Will Clemente , where he uses on-chain metrics to explain what is happening in the bitcoin ecosystem. Hope you enjoy it. Happy Friday, hope you all had a great week. At the time of writing, Bitcoin currently sits just above $53,600. Last week we described how price was either at a bottom or within days of reaching one based on the met...

To investors - I’m personally fascinated by the creation of new asset classes or investment types. Previously, I’ve looked at companies like Pipe , which turn a company’s recurring revenue into a tradable asset. There will be many more creations of new asset classes via technology in the coming years. One of those that appears to be interesting is information markets. Below is a write-up from Seba...

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 160,000 other investors today. To investors, Below is the weekly on-chain metric analysis from Will Clemente of Bitcoin Magazine Research. Hope all is well, and happy Friday! At the time of writing, Bitcoin’s price sits at $52,200 after a...

To investors, Today we have a guest post from Cameron and Tyler Winklevoss, who have been investors in Bitcoin and Ethereum for quite awhile. They are also the founders of Gemini, one of the leading cryptocurrency exchanges in the United States. Summary Bitcoin has grown from a small movement of computer scientists, Cypherpunks, and cryptographers into an increasingly mainstream phenomenon. It has...

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 155,000 other investors today. To investors, The response to Will Clemente ’s on-chain analysis last week was great. We are going to turn this into a weekly column that will be published every Friday. Below is this week’s analysis. Happy F...

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 150,000 other investors today. To investors, The more things change, the more they stay the same. I spend my day talking to entrepreneurs looking to build the next great innovation, investors seeking alpha in some hidden market opportunity...

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 145,000 other investors today. To investors, Today I am announcing an investment in Synthesis, which is the education spin-out from the school that Elon Musk custom built for his own children. The traditional school system teaches our chil...

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 140,000 other investors today. To investors, There has been a lot of discussion recently about the bitcoin community’s communication tactics. Insiders believe that bitcoiners are some of the most educated minds on finance, technology, and...

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 140,000 other investors today. To investors, There was blood in the streets a year ago. March 12, 2020 will be a day that financial investors will never forget. Bitcoin fell over 50% in a single day. Every other asset was in a free fall as...

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 135,000 other investors today. To investors, The United States Senate narrowly voted in favor of the American Rescue Package over the weekend. The $1.9 trillion stimulus package is being presented as a savior for the citizens still sufferi...

To investors, Bitcoin has unique properties that continue to prove valuable in the market. This value leads to increases in demand, which drive the US dollar price higher. As the price goes higher, previous bitcoin bears are forced to re-evaluate their prior analysis. Some of the bears continue to conclude that bitcoin is over-hyped at best and worthless at worst. It is unclear if they reach the s...

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 120,000 other investors today. To investors, The world now knows what many of us have known for awhile — the game has changed. That is my takeaway from what has transpired around Wall Street Bets and Game Stop. This isn’t something that to...

To investors, One of the biggest misconceptions I hear repeated about Bitcoin is regarding the energy consumption needed to run the decentralized computing network. The theory goes like this — Bitcoin consumes a lot of energy, so Bitcoin is bad for the environment. In reality, this couldn’t be further from the truth. Bitcoin is actually one of the greatest financial incentives to transition the wo...

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 110,000 other investors today. To investors, This weekend it became apparent that centralization is now a significant business risk. We saw specific social media posts taken down, social media accounts banned from multiple platforms, apps...

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 100,000 other investors today. To investors, I have been talking to a lot of friends about inflation lately. The great debate in finance and investing is whether we will see high levels of inflation after the trillions of dollars in quanti...

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 95,000 other investors today. To investors, News broke yesterday that a foreign government has been sponsoring an elaborate scheme to gain access to some of the most sensitive government communication and information. While some of the det...

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 93,000 other investors today. To investors, Graham Duncan, the co-founder of East Rock Capital, appeared on the Tim Ferris podcast in March 2019. He spoke of a concept during that conversation that I can’t stop thinking about — the idea of...

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 92,000 other investors today. To investors, Niall Ferguson, the famous historian, published an important op-ed in the Bloomberg Opinion section yesterday. The piece was titled “ Bitcoin Is Winning the Covid-19 Monetary Revolution ” and the...

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 90,000 other investors today. To investors, The news broke yesterday that Janet Yellen will be Joe Biden’s selection for Treasury Secretary in his new administration. This nomination will have a significant impact on asset prices over the...

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 85,000 other investors today. To investors, Bitcoin has continued a breathtaking run and eclipsed $17,000 per bitcoin this morning. This puts the year-to-date appreciation of the digital currency at more than 135% against the dollar, while...

This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 85,000 other investors today. To investors, I’ve spent the last few days talking with many of the smartest investors I know. My goal was to get an understanding of how they are thinking about various markets and assets, while also identify...