JP

A very health-conscious person. Former Founder of Healthtips #Singapore. Working for @blockpaths now.

#Followback

[Anndy Lian @anndylian]

Read more:

Bitcoin’s major resistance sits in the US$67,000 to US$69,000 zone: What’s the next move?

https://t.co/2jVTmnvmdB

[Anndy Lian @anndylian]

Where are my crypto bros?

[Anndy Lian @anndylian]

$60k or $69k first for bitcoin:native in June? 👇

[Anndy Lian @anndylian]

1/ Cursor is an excellent AI-powered code editor (basically a smart fork/enhancement of VS Code) with great agent features like multi-file editing.

2/ It grew extremely fast and is loved by developers.But at its core, it's an app layer on top of existing large language models and not a foundational model company with unique AI tech, in my opinion.

3/ "VS Code wrapper with AI" for $60B feels like buying a fancy interface rather than core technology.

4/ I do not fancy an extreme valuation multiple relative to revenue.

Crossed $1B ARR in late 2025
Hit ~$2B ARR early 2026
Maybe $3–4B ARR by mid-2026

Even at the higher end, $60B is still 15–30x revenue. That's a very rich multiple for a software company that isn't yet massively profitable.

5/ If I am Elon, I will go with a different structure. SpaceX to pay $10B for deep partnership/ collaboration or buy for $60B. Going all-in on the full acquisition locks them into a huge number when they could have gotten a lot of the benefits (compute access for Cursor + data for xAI) at a lower effective cost. Building or partnering more aggressively in-house might have been cheaper in the long term.

[Anndy Lian @anndylian]

Shill me something HUGE!

[Anndy Lian @anndylian]

$60 billion to buy an app.

AI bubble is real.

😂

[Anndy Lian @anndylian]

Read more: Why tech giants are crashing while Bitcoin surges to US$67,000

https://t.co/aiz9SKYRbo

[Anndy Lian @anndylian]

1st press conference of incoming Federal Reserve Chairman Kevin Warsh taking place tomorrow.

Dump or pump? 👇

[Anndy Lian @anndylian]

1. The Illusion of High Yields

Crypto yields often originate from minting new tokens rather than genuine economic productivity. Traditional finance generates returns through tangible activities like mortgages and taxes. In contrast, many decentralized platforms dilute token value to pay users, creating a dangerous illusion of profit that relies entirely on continuous new user entry.

2. Lack of Legal Protection

Traditional banking systems protect capital with insurance and legal recourse. Decentralized finance offers zero such safeguards. Investors deposit funds into smart contracts hoping the code is flawless. When bugs occur or developers abandon projects, capital vanishes without any regulatory authority to call or legal avenue for recovery.

3. Volatility Negates Yield

High percentage yields become meaningless if the underlying asset price collapses. Earning a seven percent return is instantly wiped out if the token value drops by half in a month. Investors must evaluate total returns rather than just advertised interest rates, as extreme volatility frequently destroys actual wealth.

4. Asset Appreciation versus Yield

Traditional assets like index funds and physical gold build wealth through intrinsic value, corporate profit growth, and price appreciation. Staked crypto tokens merely act as digital receipts dependent on market sentiment. Real wealth generation requires underlying economic value, proving that traditional assets often outperform high yield crypto schemes with significantly less existential risk.

5. The Shift to Tokenized Treasuries

The market is gradually awakening to the yield illusion and shifting toward tokenized treasuries. These instruments bridge both worlds by using blockchain technology to hold actual government debt. This approach provides sustainable returns backed by real economic value rather than complex software layers or inflationary token mechanics.

6. Inevitable Regulatory Oversight

Governments will eventually impose strict reserve laws and audit requirements on crypto platforms. This inevitable regulatory oversight will eliminate the lawless advantages of current decentralized finance. As markets mature, the chaotic yields generated by unregulated platforms will compress, leaving only boring but secure returns for smart investors.

7. The Need for Sustainable DeFi

I support decentralized finance but strongly advocate for a strategic pivot. The industry must move away from inflationary gambling and software speculation. By exploring meaningful use cases that generate actual economic value, the ecosystem can transition toward sustainable models that offer genuine yields without the ticking time bombs of insolvency.

https://t.co/K4EYlkLFXD

[Anndy Lian @anndylian]

6 hours ago, they said bear market is canceled.

Now they said bull market is canceled.

Bi-polar is real.

[Anndy Lian @anndylian]

Communities must support communities.

[Anndy Lian @anndylian]

Crypto yields, a dangerous illusion of profit. Maybe not.

Read below. 👇

[Anndy Lian @anndylian]

Who else is tired of seeing crypto being this manipulated?

[Anndy Lian @anndylian]

Read more:

Why Bitcoin just surged past US$65,000 while oil crashed 4%

https://t.co/jOjWfTzFIJ

[Anndy Lian @anndylian]

bitcoin:native saw gains of over 2% amid the improved risk appetite. Read more 👇

[Anndy Lian @anndylian]

You don't need a million dollars to start investing.

You need to start investing to get a million dollars.

[Anndy Lian @anndylian]

If you are worried that AI will take over your job, time to become a certified masseur.

Make sure they pay using crypto.

[Anndy Lian @anndylian]

Happy 80th birthday, President Trump. You fight better than those UFC guys in the global landscape.

[Anndy Lian @anndylian]

Learn more: SpaceX’s US$75B IPO will drain crypto liquidity. Here is what happens next

https://t.co/e1tXchjdDs

[Roxom TV @RoxomTV]

⚠️ ARE WE IN AN AI BUBBLE?

"I think the bubble is definitely there...for retail guys who are really into AI, I think they should be really careful." - @anndylian