Degen Indian

Prolific re-tweeter, loves shit coins and everything crypto

[KEMOSABE @KEMOS4BE]

In the last few days another year happened on Solana.

But if you were too busy to notice, these 12 industry-shifting innovations may have gone under your radar:

🧵 👇

[Steven @Dogetoshi]

We need to stop this man

[Degen Indian @Siddharth_Sol]

@bgarlinghouse Congratulations!

[Balaji @balajis]

I just burned a million to tell you they're printing trillions.

[intern @intern]

2022 Crypto Year in Review

[Miles Deutscher @milesdeutscher]

I just interviewed Jordi (@gametheorizing), safe to say my mind was blown.

Over an alpha-packed 101 minutes, we discussed:

• When #Bitcoin is likely to bottom
• Jordi's top plays for next cycle
• BTC vs ETH

and MUCH more.

🧵: Here are the 10 most important takeaways. 👇

[loomdart @loomdart]

i shit on bankless alot, but this is extremely based

rooting for @coincenter and @TrustlessState

[Udi Wertheimer @udiWertheimer]

most exciting thing about the solana phone isn’t that it becomes the most popular phone in the world, clearly it won’t

it’s that it can explore the challenges that apple isn’t interested in exploring yet, and have the playbook ready for when it inevitably will

bullish

[𝙥𝙤𝙩𝙖𝙤𝙜𝙪𝙮.𝙚𝙩𝙝 | 𝙃𝙀𝙍𝙊𝘽𝙊𝙏𝙎 🇦🇺 @YniDake]

@solana Okay @toly, #solana, time to make Dota for SMS

[bunny @ConejoCapital]

did she block my calls or is solana down?

[Murad 💹🧲 @MustStopMurad]

The most confluential long-term chart I've found in all of crypto.

BTC Measured in USD divided by the sum of US M3 Supply and EU (dollarized) M3 Money Supply.

In other words, adjusting the BTC price action by the expansion of the widest money supply aggregates.

Think about it.

[Ari Paul @AriDavidPaul]

Hopefully it’s clear by now, vast majority of yields in crypto came from a daisy chain ending in hedge fund style trading. Heads (coin flip) that last speculator keeps 92% of the profits and paid you 8%. Tails, you lose everything. /1

[Tyler @TylerDurden]

Voyager levered 3AC up with 650million of their customers money, leaving them with only 150million cash reserves.

Who tf is in charge of risk over there, Merrill Lynch?

[Ari Paul @AriDavidPaul]

Imo, crypto now going through something vaguely like post-2000 tech crash. We proved modest product market fit in several areas, but A. Products and infrastructure need to be much better to truly cross chasm to mainstream. B. And adoption is ~5 years behind where some hoped. /1

[Cumberland @CumberlandSays]

After a period of relative calm, we are now seeing the largest flows of the year through our OTC desk. This is a bit unexpected, and likely a signal that we are nearing either a local bottom, or _the_ bottom.

🧵👇

[Ari Paul @AriDavidPaul]

I’m always a bit dumbfounded when tradfi dunks on bitcoin for falling 65% after Netflix/Amazon/Facebook fell comparably. When they question its long term sustainability while Uber pumps with a money losing business. And bitcoiners dunking on ethereum for falling a little more /1

[Kieran.eth @KieranWarwick]

No liquidity for Land?
Retweet this to go into the draw to win a plot of Tier 1 Land.

https://t.co/6fT1DMUSwN

[Route 2 FI @Route2FI]

A couple of days ago I asked you about the best newsletter and blogs for crypto and DeFi.

Here are my 7 favorites that I read everything from + 16 other newsletters that I read from time to time.

THREAD/

[Rob Paone @crypto_bobby]

Still the best advice anyone can give on crypto investing from @cobie, especially on days like today