Mr. Diamond Hand.
What an incredible time to be alive what with four yearly World Surf League Championship Tour events in Australia and Kelly Slater transforming, before our very eyes, from the world’s greatest surfer to the world’s smartest investment strategist.
Yesterday, the 7-time Pipeline Master laid directly into tech billionaire Elon Musk for denigrating the popular cryptocurrency Bitcoin, sending its value plummeting.
“Elon Musk and Tesla Motors proudly bought $1.5B worth of Bitcoin for around $34K in Feb. Elon comes out this week and says BTC mining is bad for the environment and they dump their bitcoin for an estimated $804M in profits (but he’s still pushing dogecoin, a useless shit coin),” Slater wrote to his Instagram stories. “I think Elon’s board and backers hate crypto and what it’s doing for the average investor and pressured him to put out a statement which they knew would inevitably tank bitcoin. I hope the SEC is taking a good look at this (and all of them who might be buying the dip today and this week in their private accounts). Interesting times. But Elon is bad for crypto.”
Intriguing though left me needing to know what the world’s greatest surfer’s own position is. Bullish? Bearish? Frustrated because he holds a large Bitcoin position? Frustrated at all the silly people who trust the block chain and toss “real” money at dang Internet stuff?
I pondered all day until The Ultimate Surfer’s face and main coach let me off the hook with a lightly cryptic crypto meme.
Kelly Slater considers himself a “diamond handed” Bitcoin holder, or someone who has owned the currency for more than three months and is in for the long haul. While initially frustrated with Musk for wiping out a third of his portfolio from Bitcoin’s high just over a month ago, he now sees himself as a cool cucumber Indian Muslim boy smoking a cigarette and watching “paper handed” mfs fold.
The “paper handed” are those who have just come into Bitcoin, are scared by the wild fluctuations and getting out.
Now, in the meme, it does not look like the other Indian Muslims are “folding,” nor does it look like they are motherfuckers, per se. It looks like they are just wandering around minding their own business but, still, an important peek into the mind of legendary investment strategist Kelly Slater.
Him being exceptionally wise, calm under fire, watching history unfold from a lofty perch, not panicking, just chillin’ with his ‘vestments etc.
Do you think Mr. Diamond Hand is buying the dip?
We all should be. Watch below if you disagree.