19. Buffett is stepping down.
But the game he played is forever.
No hype. No noise. Just discipline and compound returns.
Like this post to pay respect.
Follow @MetaverseSG for more timeless lessons.
https://t.co/jCHMyTTIx3
CREATE, DON’T JUST CONSUME.
Focusing solely on short-term pleasures and others’ creations is self-limiting.
- True growth comes from creating value, not just taking from others.
- Push beyond immediate gratification, build something that outlasts you.
@MustStopMurad is focusing mostly on $SPX and $GIGA because the cycle is very PvP.
$SPX and $GIGA are our weapons to make the cycle PvE.
VCs launched an attack to the trenches (remember @pmarca endorsed goat, and also... one could reverse engineer where much of the attention on moodeng and pnut came from).
That said, you think VCs are too strong and they can fuck our things up ?
How relevant you think VCs are in crypto ?
You have to imagine a VC as a box that is filled with USD and that has the goal of producing more USD getting early allocations on tokens and dumping them on the market at high market price.
VCs are a huge problem of crypto, as they attracted most of the building capacity of the space.
Builder will prefer to work in a hierarchical predatory project and get paid 400k per year to build nothing than try to build some really decentralized primitive and profit with a model where you get a bag and work for your bag.
But really, imagine if $BTC was funded by A16Z and had 40-90% of the tokens to team/investor/future team / future dumps / etcetc.
But you have to understand that VCs are not really THAT important.
The most important investors in crypto is STEWARDS/BELIEVERS
Those are a net positive for the space because they buy bags, hold their bags, and profit from the increase of value of their bags.
In Bitcoin, VCs control 0% of the tokens and very few of the mindshare.
Even in ETH, most of the wealth is not in VCs but in early believers / miners / stakers. We could weight the importance of VCs around 20%.
In Solana things are a bit more messy, with VCs probably above 50%.
But still, most of the wealth is BELIEVERS.
BELIEVERS print the DOGE and SHIBA god candles in the previous cycles.
BELIEVERS will print the huge memecoin supercycle candles. VCs will try to run this narrative and move liquidity to tokens where they natively control supply, but we can win.
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(Tripadvisor)