@wclemente Inflation hedge, diversification, all BS. Crypto is where people who to climb the risk curve. Equities is the new debt, PE is the new equities, VC is the new PE, Crypto is the new hyperliquid VC with so many eager bag holders
@HsakaTrades Funds raised too much, can’t deploy. Circle jerking to get valuation lift for fees. Like PEs most selling to other PEs now. All fun until music stops and smone’s left holding a bag of dicks
@twobitidiot Crypto is a highly correlated high risk asset. Ppl will risk off when equities puke. Bond mots hurting. It’s coming and crypto will see liquidity wash out. LT, web3 is inevitable. ST, sm degens will get flushed out. Crypto isn’t an 🏝. Watch the rest of the world
@garrytan Social belonging lower on Maslow’s pyramid than even identity. Ppl need to reflect to actualize. Standing out takes courage. Most would rather do nothing. Even rage is aped into (u’re getting sm of that bs). U’ve got the stage now, we’re listening, ready to help.
@garrytan This is lazy social signalling. Cultural revolution by keyboard while sipping their matchas with acovado toast (did they check provenance? Destorying monarch santuaries in Mexico). Declaring for BIPOC but applauding “white and asian applicants” box. 白左is coming at you.
@twobitidiot Some of the best funds/ deals only take Qualified Purchasers, ($5mm in liq NW). SEC assumes only rich are smart when many inherit, are born into rt demo, joined rt frat, etc. Payday lending, SmBiz loans, huge rate, v predatory, SEC don’t care, since its mostly poor getting hurt
@mattysino Worth seeing who they are in person. Never work with aholes, but identify as many as u can, so u know who they are and whose in their network. Could save a lot of time down the line