The Scuttlebutt

The Scuttlebutt

Home
Notes
Chat
Archive
About

Crypto

Foreigners held most US Treasuries 10 years ago; now a minority — Berkeley economist
15 arguments: How the Treasury propped up the yen with euros and what reserve managers heard, why a Spanish silver coin was the first global currency…
 • The Scuttlebutt
Milk Road's AI analysts: two of the three have stopped adding to AI infrastructure
10 calls: why Galaxy's crypto arm is the bet on AI power, what Samsung unveiled hours earlier, and the software multiple one analyst says is not coming…
 • The Scuttlebutt
"Inflation is here to stay": former US Congressman on why spending won't be cut
12 arguments: why he says a real spending cut would bring riots, what he expects gold and bond yields to do when the dollar is dumped, and why he would…
 • The Scuttlebutt
Zerodha's Weekly Tidbits: India's electronics deficit with China hit $43.1B in FY26
12 takeaways: why $30 LNG is closing Bangladeshi factories, what the RBI did with 2.23 lakh crore rupees, and who actually owns India's public EV…
 • The Scuttlebutt
More than half of US homes fell in price in 12 months — Whalen Global Advisors chairman
13 calls: Why the Fed gets forced back into bond buying, the $2T deficit that makes a rate hike beside the point, and the insurers he says will not be…
 • The Scuttlebutt
Bitwise CIO: US savings accounts pay 1 basis point, so the deposit-flight case is weak
4 arguments: Why he says the banks are lobbying for protection rather than safety, what the Clarity Act would actually settle, and the…
 • The Scuttlebutt
Lucas Schuermann: you cannot rebuild 40 years of market depth on a crypto order book
20 takeaways: Why he wants to retire the perpetual future, what a swap at roughly SOFR plus 100bps costs against 7-10% perp funding, and where $1B of…
 • The Scuttlebutt
Jason Calacanis: the labs already ship the safeguards the doomers say don't exist
10 arguments: why he reads the extinction warnings as a planned rollout, the clause he would put in every AI-lab contract, and where he thinks the next…
 • The Scuttlebutt
Dee Choubey: trillions sit trapped on Russell 2000 balance sheets
4 insights: Why he sees stablecoins in circulation reaching just over $2T by 2028, what a bank that never closes on a Friday changes for a CFO, and the…
 • The Scuttlebutt
Brian Armstrong: 88% of Coinbase's revenue is no longer Bitcoin trading
11 takeaways: Why he says AI agents need their own bank accounts, what a company "brain" does to code review, and the $20B liver drug behind his second…
 • The Scuttlebutt
Joakim Hannisdahl: a VLCC now earns more sailing through Hormuz than the US Gulf
12 takeaways: Why a prompt-delivery VLCC resold for $200M against an $82M order price a few years ago, the new-build math that says don't buy, and the…
 • The Scuttlebutt
Investment Committee: the risk reward has changed, so new money goes in very lightly
9 takeaways: Talkington says every midterm since 1962 brought a drawdown, why Terranova time-stopped out of Costco, and Apple options priced for a 3x…
 • The Scuttlebutt
© 2026 The Golden Age LLC · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture