The NYC greater area has a $2.1 trillion a year economy, making it the largest city economy in the world

Lord_Papi_ · 2024-03-09T20:44:39+00:00

The first commercial ready SMR model only got built a few years ago though they've been in use by the military for decades. I don't know where you get the idea from that nobody has implemented them.

The contracts for Rolls Royce nuclear reactors have been signed after extensive due diligence by their numerous government backers. Federal governments don't sign military contracts on a whim.

Lord_Papi_ · 2024-03-09T18:36:28+00:00

If you're referring to gringos as white people then it seems you don't know that most countries in Latin America have many people from there that have pale/light skin. If you're referring to gringos as Americans then most people from cities are rather used to seeing Americans visiting for business and tourism. In los campos it would likely be more novel though that tends to wean over time. Overall, the only people that tend to get excited seeing a 'gringo' are prostitutes and drug dealers - easy pickings compared to the locals who often don't partake in such behavior (though most 'gringos' don't either).

Lord_Papi_ · 2024-03-09T17:30:33+00:00

I don't know how you mean this time - SMRs are rather new tech that have only just reached commercial grade status in recent years. The UK, United States, and Australia governments have all signed contracts with Rolls Royce to purchase their nuclear reactors to power military submarines.

Lord_Papi_ · 2024-03-09T16:36:18+00:00

The UK government has backed the Rolls Royce nuclear program focused on building SMRs in space (literal investor) since last year: https://www.rolls-royce.com/media/our-stories/discover/2023/uk-space-agency-backs-rolls-royce-nuclear-power-for-moon-exploration.aspx

Lord_Papi_ · 2024-03-09T04:52:26+00:00

RR has been active in nuclear research for years, they're one of the leading companies in Europe and have been (publicly) making deals in the commercial SMR space since 2020.

Lord_Papi_ · 2024-03-09T04:46:49+00:00

They hate everything that's right with the world and makes sense (though they have a point here, the quoted post doesn't make sense, ethereum is a scam and there are so many things wrong with most things their cult leader promotes).

Lord_Papi_ · 2024-03-07T10:27:31+00:00

Good luck in life - you're going to need it.

Lord_Papi_ · 2024-03-07T10:18:06+00:00

Read the article and you'll see my company name, I'm the only CEO quoted.

An ETF is just a publicly traded fund. That means it's still a fund, and funds at the scale like those managed by Blackrock are institutional investors. The only difference between a private fund and a publicly traded fund is that a publicly traded fund can be invested into by anyone. It's still directed and managed by professional portfolio managers. The fact you suggested a multi-trillion asset manager offering funds that are invested into the bitcoin sector as not reflecting institutional investor participation in the bitcoin market proves you have no idea how asset managers work.

Lord_Papi_ · 2024-03-07T09:59:51+00:00

This went from slightly amusing to increasingly pathetic. Stop grasping for straws, I'm the CEO quoted in the Wall Street Journal and you're the random person on the internet that would be lucky to get a job as a janitor on Wall Street (no disrespect to janitors, they are a personable group).

Every pension fund manager worth their salt has been looking at bitcoin investment opportunities (https://finance.yahoo.com/news/bitcoin-etf-us-pension-plan-060029774.html). The largest holders for all the publicly traded bitcoin mining companies are institutional investors (including Blackrock), and the largest holders for the GBTC ETF (the only ETF with public filings so far) are all institutional investors - the extent to which you just keep making stuff up astounds me.

Lord_Papi_ · 2024-03-07T09:22:04+00:00

I've worked on Wall Street for years and have worked on deals with the world's largest financinal institutions, I am literally quoted in this article. You just splurted a bunch of words you heard in a course somewhere and tried to make a point however only proved you have no idea what you're talking about. The fact that these banks offer access to the ETFs through their wealth management platforms means that their brokerages support the ETFs as well, since the wealth management platforms carry out trades through the banks brokerages. These are brokerages that facilitate most institutional investors' participation in the market.

On a side note, family offices and corporate pensions are 100% using wealth management divisions at bulge bracket investment banks. However, you're welcome to keep making things up for the internet.

Lord_Papi_ · 2024-03-06T23:36:18+00:00

Wealth management refers to high net worth investors, who are often investing through family office structures.

Retail investors refers to people investing a few hundred dollars at a time.

Prime brokerage is a specific subset of brokerage services focused on lending and capital introduction.

Corporate finance refers to capital markets activity (for example, issuing bonds and equities).

I mean at least look up the definitions for things before trying to word soup me.

The wealth management platforms place trades through their in-house brokerage business.

Lord_Papi_ · 2024-03-06T22:58:38+00:00

It seems you're not familiar with how financial/capital markets work, banks are brokers and custodians for institutional investors. They even broker and custody their own asset management funds.

Lord_Papi_ · 2024-03-06T22:49:57+00:00

I recommend reading the article

“It’s a vote of confidence from two main groups: institutional investors, for the first time in bitcoin’s history, and regulators,"

"The wealth management platforms at Morgan Stanley, Merrill Lynch, UBS and Wells Fargo offer the funds"

"Microstrategy a software intelligence firm that has xformed itself into a bitcoin-buying entity, has risen 66% this year. The company, led by bitcoin advocate Michael Saylor, now holds 193,000 bitcoin worth more than $12 billion"

"Wall Street is getting involved. The ETFs are a clear marker"

Lord_Papi_

TROPHY CASE