Iggy

Keeper of the Groove

simply smoking cigarettes under a tree

[Iggy @Key_Nigh]

@MazzaBreno @ashen_one @SlabDrop agreed ! 😀

[Iggy @Key_Nigh]

@ashen_one @supervzyn @SlabDrop @toly @vibhu @weremeow supply control is much more valuable than the current value of those tokens. zoom out. 6.8% of supply has much more economic value than 50k.

[Iggy @Key_Nigh]

@d_xelly @SlabDrop 100%

@SlabDrop let us battle other solana:6RXiM7kFbVhqNnS12m8gUjNrvzUdL9kRTsYGJWHEFQTc holders and wager on the winner

[moon @MoonOverlord]

Pokemon / TCG / Gacha rant

I think I actually underestimated the Pokemon / TCG online gachas, at first I wrote it off at gambling / slot machines which I am not a fan of (yes the crypto retard doesnt outright "gamble")

but the more I look at them they are digitizing Pokemon cards, they are taking the old stale and static inventory and turning them into NFTs batch by batch and digitizing the entire category thus injecting "internet" liquidity thats been missing for 25 years outside spot ebay or maybe an auction house here and there

im also surprised at the % of redemptions, people spin the slot machine a few times but alot of people actually take a card home / get some shipped, because one thing here is the avg EV for ripping a Pokemon modern pack is 50% MAYBE on a good day, meaning you lose -50% of your money instantly, so if you took $1000 and spin the machines youd probably get some cool cards and lose 20% of your money, you take $1k and open packs you are losing 60-70% of your money minimum

alot of copies of older cards have maybe 100, 400 or something of a PSA 10 max, for reference on alot of this modern stuff theres 20,000, 30,0000 PSA 10s. Modern is clearly a bubble. PSA refuses to grade any vintage card in a 10 anymore so the supply is as good as locked, I really do not think theres enough of these cards to go around and we're seeing that play out the last year, I watch a guy on youtube who buys for these platforms (spends 6-7 figs per show) and he cant even buy enough cards to fill his suitcase and hes offering 87%-90% instant wire / cashouts

I aint reading all that summary, gachas are digitizing pokemon cards, theres a surprising amount of redemptions and theres not even close to enough supply of "grails" / older cards and I think they are up only forever on multi year timeframe

[Frank @frankdegods]

the win condition for btc is clear:

>hedge against inflation because central banks will always print more money

this is the narrative that propelled bitcoin from 7k to 126k

however the narrative of ai growth presents a grim path for crypto

ai accelerates the path to quantum

quantum poses a risk to digital money more acutely than it does to gold

btc should not have to endure another cycle of flows where that is the ceiling concern

the hedge against inflation needs to be a hedge against the future dangers of technology

proof of work is poised perfectly to address this, as quantum & even the most advanced ai will not generate electricity

the efforts to tackle this ambiguous future should start today & i believe if it did there would be renewed cult like excitement around btc and the entire asset class

the writing is on the wall, the times are changing

the sooner the better

[smac @0xsmac]

generational dunning-kruger supercycle

[Iggy @Key_Nigh]

Exactly. Except the opposite.

[Frank @frankdegods]

markets feel like a race to get out of cash and into assets because the people in charge know they are about to print more money

[Iggy @Key_Nigh]

Your DNA on peptides

[Iggy @Key_Nigh]

Me showing up when you inject your peptides

[flock (6'3) @flocko]

i just stabled everything and off ramped. called everyone in my group chats a faggot and left

[Iggy @Key_Nigh]

@shafu0x Not only are you retarded, this statement is the equivalent of seeing in black and white.

[Iggy @Key_Nigh]

@AFDudley0 Apprenticeship 101

[Simon Dedic @sjdedic]

Nobody wants to say this, so I will.

Trump's memecoin is the currently the biggest obstacle to crypto regulation right now.

The CLARITY Act is stalling because of it. Democrats are using his gala dinners and billions of evaporated retail wealth as ammunition to demand ethics clauses that could delay or kill the bill entirely.

The "pro crypto president" is actively sabotaging the legislation this industry needs most, just to further fill his own bags.

And the reason nobody in crypto calls this out?

Because half the industry's most important people were at that dinner on Saturday. Smiling, clapping and kissing the ring of the man whose memecoin is single-handedly delaying the regulation they claim to be fighting for.

And as long as nobody speaks up, nothing will change.

[Iggy @Key_Nigh]

@GuidoDisalle Relevance over solvency is among my favorite Guidoisms

You will do it 👏

[Iggy @Key_Nigh]

@jackbutcher Maybe one of your stupidest tweets yet. Why don't you test that out and see how it goes cutting the tree down.

You're just blowing smoke as usual.

[Tnut @tnuttin1]

We've raised an entire generation of contrarians who tell you weed makes you lazy and you shouldn't drink whilst injecting themselves with unknown chinese peptides and bouncing their brain off the concrete floor of a K-hole every day just to get through Marie's daily stand up

[Iggy @Key_Nigh]

@shawmakesmagic Well that really explains it then. I was shocked for a minute