Block Alchemist @blockalchemist

2026 Bull Market Expectation vs 2026 Bull Market Reality

1998.Indonesia. Asian crisis. Rupiah collapses. Rp2,500 to Rp17,000 overnight. Suharto panics. Calls Steve Hanke. Hanke says: currency board. Peg the Rupiah to USD. Fixed. Forever. Hong Kong did it. Survived the crisis. Suharto says yes. IMF says no. IMF threatens to pull $43B bailout. Currency board dies. Suharto falls. Rupiah never recovers. Today: Rp17,700. Same level as the crisis. 28 years later. Hong Kong had the reserves to defend its peg. Indonesia didn’t. A currency board without reserves is just a faster collapse. Also: Argentina tried a currency board. 1991 to 2002. Then it destroyed their economy. The real problem in 1998 wasn’t the exchange rate. It was debt in dollars. Revenue in Rupiah. A peg doesn’t fix that math. It freezes it. And Hanke only gets to say “it would have worked” because we never tried. Survivors don’t know they’re survivors.

Steve Hanke @steve_hanke

a month ago

#IDNWatch🇮🇩: If the IMF had not SABOTAGED the currency board that Suharto and I were going to install in 1998, the RUPIAH WOULD NOT BE IN TROUBLE TODAY. THE RUPIAH WOULD BE AS GOOD AS THE US DOLLAR. IT WOULD BE A CLONE OF THE GREENBACK.

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Algorand just got a BIG stamp of approval in Japan. As announced by the @AlgoFoundation, $ALGO has been added to Japan's JVCEA Green List - a pre-approved register of cryptocurrencies permitted for fast-tracked listings on licensed Japanese exchanges. The news marks a major milestone for the @Algorand ecosystem and will allow the platform a foothold in one of the world's biggest economies.

SO much happening on Algorand. Thanks for keeping this updated @algerstmehn

He is destroying this country because he is in the Epstein files. Don’t let anyone forget!

🇮🇱 A West Bank council has finally admitted Israeli settlers have been systematically raping kids as young as three and four. After years of denial, the Gush Etzion Regional Council acknowledged ritualistic sexual abuse cases in its communities following a bombshell Kan 11 investigation. The abuse spanned years and is emerging as one of the most organized and disturbing sexual abuse cases ever exposed in Israel. For years, allegations were met with denials and deep skepticism, but in a complete 180, the council is now acknowledging the problem, calling it "pure evil and moral depravity that has no place in human society." Source: Kan 11

Should You Be Holding Algorand? Let's audit. What it is: $ALGO is a pure proof-of-stake Layer 1 built by Silvio Micali — MIT professor and Turing Award winner. The most credentialed founder in crypto by academic pedigree. The pitch from day one: solve the blockchain trilemma. Decentralization, scalability, and security simultaneously. No shortcuts. 10,000+ TPS. Instant finality. Fractions of a cent per transaction. Zero downtime since 2019. Six years. Not one second of network failure. What's actually been built: 49.88 million wallets. 3.47 billion cumulative transactions. Those aren't projections. Those are on-chain numbers from the Foundation's own March 2026 insights report. UNHCR cross-border aid distribution. Real humanitarian money moving to real people in crisis zones. That's not a pilot. That's deployed. Nubank — Latin America's largest digital bank, 100 million clients — added ALGO. Telegram enabled ALGO trading for approximately 1 billion users. Revolut staking live for 70 million customers. Zebec integrated ALGO for payroll via Mastercard. Post Finance Switzerland added custody. Quantoz became a Visa Principal Member using Algorand infrastructure. GoPlausible and Algorand added to Coinbase's x402 ecosystem. Swypt payment app live — merchants settle in USDC on Algorand. Exodus — first US company to trade on a national exchange with stock digitally represented on-chain. On Algorand. ALGO classified as digital commodity by SEC and CFTC April 2026. Same classification as BTC, ETH, SOL, XRP, HBAR. ✅ The quantum story: Post-quantum Falcon signatures live on mainnet since November 2025. Coinbase's Independent Advisory Board — researchers from Stanford — identified Algorand as one of two Layer 1s best prepared for quantum threats. Google's Quantum AI team cited Algorand 32 times in a whitepaper recognizing its post-quantum cryptography as industry leading. The US government just funded nine quantum computing companies to break current encryption. Algorand already hardened against the attack before the money was allocated. What's good: The technical foundation is genuinely best in class. Six years zero downtime is a real operational track record. Community stake is 80.5% of total staked ALGO. Foundation down to 19.5%. Decentralization moving in the right direction. Staking rewards on Pera Wallet approximately 4.5% APY. Set it and forget it. The honest flags: TVL $77-188 million depending on the month. Volatile. AlgoFi — once Algorand's largest DeFi protocol — shut down entirely. That's a scar the ecosystem still carries. The DeFi ecosystem remains thin. Folks Finance, Tinyman, and Pact are real but TVL relative to market cap tells the story — the network is used but not for yield-seeking capital at meaningful scale. Supply is 88.9% circulating. Most inflation pressure already in the market. Good for future holders. Early participants absorbed significant dilution. Brand recognition gap versus Solana and Ethereum is real and closing slowly. The honest verdict: Algorand is the most technically sound blockchain that most people have never used. The zero downtime record is real. The UNHCR deployment is real. The quantum preparation is real. The 49 million wallets are real. The gap between technical excellence and market recognition is Algorand's defining tension. It's been that way since 2019. The ecosystem is maturing — stablecoin inflows up, developer activity accelerating, monthly active wallets growing. The March 2026 insights report showed the strongest builder activity signal in the dataset. You're not betting on hype. You're betting that the quantum story, the humanitarian credibility, the regulatory clarity, and the payments infrastructure eventually get recognized by capital that hasn't shown up yet. ISO Ledger 🛡

Former IDF soldier Alex Miller dies by suicide in Miami amid struggles with PTSD. Here another Israeli soldier who screamed: “I murdered over 40 Palestinians for you,” before later suffering from severe PTSD‼️

Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. Epstein. DON'T. STOP. TALKING. ABOUT. EPSTEIN.

Khamenei regularly visited families of Christian martyrs from the Iran-Iraq war. Iran fights for religion. I value this as a Christian.

The three people most mentioned in the Epstein files are Jeffrey Epstein, Ghislaine Maxwell and Donald Trump. One of them died in prison, one of them is in prison now, and one of them is president. Please, do NOT stop talking about the Trump/Epstein pedofiles.

I don’t have a problem with him falling asleep. It’s the waking up part I have a huge issue with.

2024: Trump, "Biden has an ability to fall asleep while on camera. You'll never see me sleeping in front of cameras" 2026: Trump sleeping in front of cameras

Israel killed every single person in this photo in Lebanon. Every. Single. One. All journalists. Targeted and assassinated intentionally. For reporting the truth from the frontlines.

Lebanon | An Israeli soldier smashing the head of a Jesus Christ statue during operations in southern Lebanon.

Following the bombing of a synagogue in Iran , an Iranian jew says "zionists worship satan not Moses".

LMAO who acted this 😭🤣😂

BREAKING EPSTEIN FILES⚠️ Melania Trump is openly projecting. Melania: "To be clear, I never had relations with Epstein or his accomplice Maxwell." "I never been friends with Epstein. Donald and I were invited to the same parties as Epstein from time to time." "Epstein did not introduce me to Donald Trump. I met my husband by chance." Do you believe her?

💥BREAKING MELANIA TRUMP CALLS FOR ACTION AGAINST THOSE WHO COLLUDED WITH EPSTEIN

You know who speaks to little girls like this? Pedophiles.