phead🎒

It's over/We're back Maxi ☯️ Shitposter & Occasional Thread Artisan🧵 Backpack & Mad Lads Enjoyooor🎒 Banner ripped from @11pxl ▪️

[phead🎒 @0xPheaD]

This states #Visa have moved millions of $USDC on-chain "to settle fiat payments" with @solana & @ethereum.

Knowing you can onramp millions of $USD to $USDC in NYC & tx it to £GBP in a London account in a minute or so makes #Solana hard to ignore.

$ETH @ $1632.61
$SOL @ $19.63

[Armani Ferrante @armaniferrante]

As crypto matures, not only will it grow 100x, but the market structure of the entire industry will begin to change.

Old opportunities will die. New opportunities will emerge. The future is clear, but being patient enough to build for that future is difficult--especially when the party is raging and everyone is seemingly getting rich.

People have been telling me for the past 3 years that what @Backpack is doing is too slow. That we should just cut corners and get licensed later. That growth at all costs is what matters. That it's too late.

We've lost out a lot in the short term because of it.

We've never cared,

Because market share is not winning.

If you want to actually build something in crypto to stand the test of time, you need to be either fully compliant or censorship resistant.

Building regulated companies is super hard. Building fully decentralized protocols is super hard. Incredible companies and protocols will be built in both paths, but there's no in between.

You must do the work. You must solve the hard problems. And you must do it over a painfully long period of time.

Others will tell you you're wrong, but it's precisely in that conflict where you will find outlier success.

Binance will be fine. It will remain the defining international crypto exchange, but as entire market transforms, I couldn't be more optimistic about the future.

Have a vision. Stick to it. Listen to feedback, of course, but in the end, it's your job to be right when others are wrong.

There's never been a better time to be building in this industry.

[phead🎒 @0xPheaD]

The KOLs rushing to change their posts...

We always knew $BP would make it.

Later we'll see what Lads can do.

[phead🎒 @0xPheaD]

@TurntUpDylan @armaniferrante Yo

[phead🎒 @0xPheaD]

@MadLads Already did that early.

Fock it.

[phead🎒 @0xPheaD]

Being present is smarter than being smart.

[phead🎒 @0xPheaD]

Don't cope. Win.

[Armani Ferrante @armaniferrante]

Don't let people trick you into thinking "price exposure" and cash settlement is all people care about.

This is cope.

For internet capital markets to scale, for native onchain 24/7 liquidity, for capital in size, for efficient market structure, you need stocks that can flow between TradFi and DeFi at the speed of a token.

There's only one standard on @solana that allows you to move shares in and out of your brokerage account just like a stable coin.

This is it.

[phead🎒 @0xPheaD]

@GivnerAriel @MadVincent666 @Backpack But accurate.

You're a key member of the most based DAO on Solana. You can do better.

[phead🎒 @0xPheaD]

@MadVincent666 @GivnerAriel @Backpack All those degrees but she missed it

[phead🎒 @0xPheaD]

@navar0shien @MadLads Because trenchers just started believing in Backpack

[toly 🇺🇸 @toly]

@armaniferrante is the reigning 👑

[phead🎒 @0xPheaD]

Is this in bad faith or legitimately ignorant?

[jesse.base.eth @jessepollak]

The first real, 1:1 tokenized stocks are coming (to @base)

[phead🎒 @0xPheaD]

@jessepollak @base Jesse is late as hell

Who's gonna tell him?

[phead🎒 @0xPheaD]

Backpack bears in hibernation

[toly 🇺🇸 @toly]

Senator from Vermont, who created a housing shortage in Vermont, wants the people of Texas who build houses and rockets and electric cars to pay for the self inflicted housing shortages in Vermont.

[phead🎒 @0xPheaD]

@mert @Backpack When Mert goes sincere you listen.

🎒🎒🎒

[mert @mert]

think @Backpack is by far the most underrated exchange, it's not close

no fee on/off ramps for fiat, transparent reserves for borrow/lend, and even zec support (even shielded!)

and now finally stocks onchain done right

super receptive to feedback always

recommend highly

[phead🎒 @0xPheaD]

@genuinearticles GAGMI

[phead🎒 @0xPheaD]

@MadLads WAO

[phead🎒 @0xPheaD]

just fyi