nic carter is the lead VC in a 20 million round for project eleven -- focused on extracting profit from quantum BTC risk.
Incentives.

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With the fear index soaring, yet bottoming signals appearing, is Bitcoin nearing its bottom?

Retail investors are leaving the market, while institutional investors are increasing their holdings; Bitcoin may be entering an accumulation phase.

Nearly six months have passed since Bitcoin hit its all-time high. During this six-month decline, almost no known national governments holding Bitcoin have sold off. However, we have discovered a very interesting opposing force: El Salvador vs. Bhutan. Over the past six months, El Salvador's Bitcoin holdings have increased from 6,376 to 7,600, while Bhutan's have decreased from 6,234 to 4,000.

This selling pressure from the Himalayas is not significant, but it is mysterious. Bhutan, a relatively isolated Buddhist country located between China and India, in 1974...

A country that uses 9% of its GDP to gamble on Bitcoin

The market has begun to react to increased geopolitical risk. Some Polymarket insiders – who previously accurately predicted the timing of the Iran war – are now placing large bets...

If the US military invades Iran, what will happen to Bitcoin? Lessons from previous wars.

nic is
- probably net short Bitcoin
- probably in process of launching a "project11" token

Capital efficiency is key idle money loses value