YC🎒

Time is the best judge

[Miko.AI @web4miko]

疯狂星期四！全场由 Backpack 赞助，送出 5 套周边（背包🎒+ 帽子）。 作为新一代美资券商 Backpack 证券，他们的周边很醒目，质感很好。样式见附图。

规则：
关注@web4miko + @Backpack_CN +@Miiiho420

评论区留下：
Backpack 交易所UID 即可。 如未注册，可以使用这个注册链接注册（https://t.co/xhyDutrXx5）。

引用转发本推文，中奖概率提升100%。Grok 开奖。
开奖日期：7 月 25 号下午17点后开奖。包邮寄出

[YC🎒 @bgu_chiu]

@web4miko @Backpack_CN @Miiiho420 抽抽
horo*****[email protected]

[Naval @naval]

The problem with truth is, once you see it, you can’t unsee it.

[YC🎒 @bgu_chiu]

@armaniferrante Solana

[YC🎒 @bgu_chiu]

@MadLads Fock

[Armani Ferrante @armaniferrante]

Binance - BNB Chain
Coinbase - Base
Backpack - Solana

The Stock Meta is here.

[Armani Ferrante @armaniferrante]

We’ve been so busy with product announcements that we haven’t had a chance to give updates on Europe.

We’re ready, and we’re coming.

🎒

[YC🎒 @bgu_chiu]

@MadLads fock

[Backpack 🎒 @Backpack]

$SPCX goes live on @Solana via @sunrise following SpaceX’s Nasdaq debut.

Issued by Backpack Securities. On/off-ramp SpaceX shares between traditional brokers and Solana.

[dopamine trading @dopaminetrading]

https://t.co/c1li8tjJ2F

[Movez @0xMovez]

This 30-min workshop by the creator of Claude Code will teach you more about vibe-coding than 100 YouTube video guides.

Bookmark it & give it 30 minutes today. This video will change the way you use Claude forever.

[Benson Sun @BensonTWN]

一個人的原生家庭，撇除教育資源跟物質之外，差異最大的就是眼界。

眼界這個詞聽起來很抽象，但其實可以量化。你從小到大看過多少種「人生決策的樣本」，這些樣本的分布長什麼樣子，基本上就決定了你的眼界。

在好的環境裡長大，你看到的決策分布是有層次的。身邊有人做過非常漂亮的決定，大部分人做的是合理的決定，也有人踩過大雷。因為 variation 夠大，你能分辨什麼是頂尖、什麼是及格、什麼是災難。

你不一定每次都選對，但你知道好的選擇長什麼樣子。

像在矽谷，有人放棄高薪去創業，三年後公司被收購；有人穩穩待在大廠靠股票累積財富；也有人燒光積蓄失敗回去上班。大贏、穩贏、大輸的樣本你都見過了。光是見過這些，你對人生可能性的想像就比大多數人寬。

這跟品酒是同一件事。喝過頂級的酒，你回去喝普通的，舌頭會告訴你差在哪。但如果你從來沒喝過好的，你不會覺得少了什麼，因為你的味覺沒有那個錨點。

眼界就是你腦子裡的錨點。

反過來，在資訊比較閉塞的環境裡，你看到的選擇基本上長得都差不多。大量平庸的決策，混著一些爛的，偶爾一個還行的。當你的樣本裡缺少那種非常漂亮的 outlier，你就不知道天花板在哪。

眼界真正帶來的差距不是選對選錯，選錯至少代表你知道有那個選項，那只是判斷失誤。真正的差距是，你根本不知道有那個選項存在。

我自己的體會是，很多時候限制一個人的不是能力，是想像力。你能想像的上限，就是你努力的天花板。而想像力這種東西，不是靠聰明就能補的，是靠你見過什麼。

所以如果有能力，盡量把自己丟到樣本分布更寬的環境裡。去認識跟你不一樣的人，去看別人怎麼做選擇，去見識那些你原本不知道存在的可能性。

你不需要複製別人的路徑，但你需要知道路不只一條。

[北幣逗狗 @North0508]

我是去美國看NBA，結果變成看黃金花式跳水。

看了一場球，比賽結束黃金抄底的利潤剩一半。

止盈掛4800，最多剛好到4794，差了6點。

又這麼剛好NBA場內網路極差，沒辦法即時關單。

裁判不公平…我看的是籃球不是跳水。

[Armani Ferrante @armaniferrante]

On FUD.

FUD is an opportunity to either address misunderstandings or to identify mistakes and simply fix them. With every TGE, emotions run hot, as people focus on a single number, the token price, determining one’s feelings. It’s human nature, and because Backpack has such a large community around the world, spanning from advanced traders in Asia, to wallet users on every network, Mad Lad holders around the world, and everyone in between, the TGE is a time where people vocalize their views.

I would like to address several different topics I’ve seen floating around over the past few days to set the record straight and offer my perspective.

- OTC. I can’t believe I have to say this, no, we aren’t OTCing our own tokens to cash out. See the tokenomics. Fake news. End of story. What is true: buyers reached out to me and asked for OTC. I am happy to help buyers find more tokens. Unfortunately, due to the bad history of other crypto projects using OTC to cash out, folks assumed the worst when they saw me post about OTC in discord.

- Mad Lads. All existing Mad Lad holders pre-TGE retain their Backpack VIP status. New holders do not. Some like this, some hate this. I understand both perspectives. My perspective is that Mad Lads has always been an evolution alongside Backpack. We went from the whitelist games inside Backpack => pre-reveal inside Backpack => reveal boss inside Backpack => xNFT inside Backpack => airdrops inside Backpack => VIP points inside Backpack => the BP token. Each one of these stages created a clear path for Mad Lads to get to the next stage, always focusing on long term holders over people that come and go. There are people that follow the path, and people that do not. There are people that evolve with us and people that do not. Our approach from the day Mad Lads was born has always been to focus people on the Backpack product. Naturally, new people came into Mad Lads with their own pre-conceived notion of what it was or what it should be. This creates tension. But we have always had a strong vision and we will always stick to it. The people that use the product always get to the next stage, where every stage answers a single question: how do we push Backpack forward. When designing token utility, it’s a question of economics, and it would be a disservice to BP to not align incentives around it. There’s an additional nuance worth pointing out: Backpack is different from basically every other product that dropped a mined token because we KYC users and are selective about the regions we open up. Those users have been out of the game, so to speak, not because I want to do that–nothing upsets me more than not being able to serve users in a particular region (what founder would want that?)--but it’s because we have chosen the path of building a crypto native financial institution. That path is long and hard. For these users, we have maintained the path to get to the next stage and have communicated that. When we open up regions, these regions will get their drops, and we will be running new campaigns to get more drops just by using the product, and that brings everyone up to speed with the same VIP benefits of the original pre-TGE seasons. For the long term holders, nothing has changed. The key issue is with respect to new NFT holders. Some people will hate this. Some will think it’s sound economics. I understand both perspectives. We are doing what we think is best.

- Sybills. Our goal was to protect retail users competing for points against sophisticated players splitting accounts and giving themselves an unfair advantage over those that don’t. The mistake we made: our process was too black and white. From the team’s point of view, we had a line and we stuck to it. From the community’s point of view, the line is nuanced. We did not sufficiently take that into consideration.

- Price/FDV. With every token comes the human nature to think about the price at all times. There are good ways to think about price and there are clearly illegal ways to think about price. Our position is simple, we are building over a long period of time, and we are not making short term decisions. 24h post-TGE FDV is not a meaningful metric. Even 1 week post-TGE FDV is not a meaningful metric. If you ask anyone that’s ever built anything, they’ll tell you the same. Many people will take issue with that statement, and that’s ok. Ultimately, you have to look at our incentives and decide for yourself. The fact of the matter is that the team and I are incentivized to make Backpack a success with arguably the most extreme tokenomics ever created. What happens if the token goes to zero and stays there? Our company fails, and we get nothing. Some people might rebut saying that we get rich from the company revenue. No. That is simply not how companies work. We don’t get rich from a bad token price. We are punished in the most extreme possible way. And we are rewarded in the most extreme way only if we achieve all of our hopes and dreams. The way it should be. This is by design. Beyond this post you won’t see me talk about price or FDV. You will see me talking about building and creating long term value. And it’s only by doing that, can BP become a success.

Every project goes through trials and tribulations. This is certainly a moment for us. We are nothing without our community, and we will serve it in the best way we know how. I have complete conviction, I am all in, and the team is all in. Don’t trust us, look at the tokenomics to decide for yourself.

Thank you for reading this. Thank you especially to those that have supported us this week. It means a lot. We will continue to review the above, particularly the cases around sybils, and get back to building.

[IQX.sol @iqxsol]

@chtomch 超过三年的用户了，一路走来，产品越来越好，非常适合我这种币圈邪修选手，50万个币9万多u，一年可以多3万u的收益，以后还可以换股权，简直太香，投资always dyor

[0xSun @0xSunNFT]

最近看到很多对比AI和Crypto行业的讨论，大部分是拉AI踩Crypto，而且往往来自币圈业内人士，作为勉强算两个领域都涉足过的人，也分享一下我的主观看法吧。

无可质疑，AI确实是现在最炙手可热，也很可能是智力密度最高的行业，互联网和科技巨头都在拼命卷，传统行业也争先恐后想踏上这条船，生怕被AI取代，面对AI这个全世界奋勇争先的行业，Crypto相形见绌，也是情理之中，但比不过第一名不代表就是垃圾，同样还有很多行业，相比Crypto机会更少、前景更惨淡。

能理解大家对Crypto的失望，因为很多曾经被寄予厚望的赛道，不但没有获得Mass Adoption，还逐渐式微甚至消亡了，例如NFT、元宇宙、GameFi等等，都引起过圈内震动甚至破圈，最终还是偃旗息鼓。走到如今，是点错了科技树发展歪了也好，是行业领袖没有起到应尽责任也罢，归根结底，Crypto只是一个不到20年的行业，很多产物本身就带有实验性质，如今也还远没有到判死刑的地步。

而且，Crypto也贡献了一些经过被真实验证过的应用和方向，例如稳定币在跨境支付与转移、B2B结算等场景的使用，规模日益增大的RWA，以及作为数字黄金的全球市值前20资产BTC等等，所以也不用过于悲观。

我也看到有拿Hyperliquid举例，说明这个周期在Crypto创业艰难的，这同样有些过于严苛了。Hyperliquid作为全世界人均营收最高的公司，在创立短短几年内，达到了38B的估值，2025全年营收844M。作为对比，Cursor作为有史以来成长速度最快的初创公司，在2025年11月融资的估值是29.3B，最新披露的年化收入是2B，正在寻求50B估值的融资。如果达到Hyperliquid的高度才能被定义为成功，那即使在AI界能取得这样成就的团队也是凤毛麟角。

最重要的是，对于大部分普通人而言，AI行业是否蓬勃发展，跟你是否能享受到行业红利，其实关系不大，而这恰好是Crypto最大的优势。拿Jeff的话来说，“如果你是一名ChatGPT的早期使用者，OpenAI不会让你变富，而在加密，你只需要早期使用Hyperliquid，就能拿到巨额空投”。

举两个自身的例子。第一个，很多朋友知道我本硕都是985计算机专业，也在大厂做过算法实习生，可以说我的智力和学历胜过90%的同龄人，但是在AI行业，我面对的是1%甚至0.1%的顶尖人才，毫无优势可言。而且我已经算是拿到了步入AI行业的敲门砖，而大部分人可能因为数理能力、教育、成长经历等原因，压根无法真正进入AI行业，那么即使他们知道AI会蓬勃发展，又有什么意义呢？恐怕最后最直接的方式依然是卖课或是上门代装小龙虾，但这本质是营销和把握风口的能力，换个行业一样跑的通，与AI没有太大关系。

第二个，我从2月中旬开始了解Pre-IPO或者说私募股权的投资机会，也是希望在AI赛道配置一些资产敞口，但结果是到现在都没有完成一个合适的Deal。相比大部分人，我在这件事上已经算有优势了，手握自有资金，也有一定行业知名度，能有相对多的渠道了解信息，接触deal，但结果是，即使单个项目我愿意投1~3M，在传统金融这个金额完全排不上桌，没有主动权，只能被动等待合适的机会，并且现在各大机构也都对AI行业非常Fomo，排着队打款投资，普通人只能看着估值一轮轮水涨船高。更不用说这其中还涉及到各种费用对比、渠道是否靠谱、法律文件和投资身份是否符合对方需求等一系列问题。

这就回到上面所说的，Crypto行业在价值分配结构上存在的巨大优势，让普通人有机会仅仅作为参与者，也能享受到行业红利。

在传统科技行业，用户要么为产品付费，要么成为产品本身，也就是所谓的“If you're not paying for the product, you are the product”，但最终享受到经济回报的并非用户，而是股东。而在币圈，因为空投的存在，使得用户在贡献数据的同时，也获得了潜在享受价值的可能。

同样，Crypto行业的时间轴相比其他行业是极端压缩的，在传统路径，一家公司从种子轮到IPO可能需要5~10年，普通人要到IPO后才有机会购买股票，很难享受到早期的成长回报。而在Crypto，这个时间被压缩到了1~3年，并且用户有机会通过早期参与项目，获得奖励。

此外，Crypto拥有Permissionless的特性，以及对全球流动性的聚集效应，使它成为了没有任何一家赌场可以比拟的最佳投机场所，而币圈特有的信息传播路径，又让散户有了靠信息差获利的机会。最典型的例子就是$Trump，现任美国总统亲自发行的Meme币，给了所有人在$0.2公平购买的机会，在两天内涨幅超过300倍，其中任何一点，放在传统金融都是压根不可能的。

值得注意的是，这些特性很多时候是一把双刃剑，让币圈充斥着骗局、空气币和没有价值的项目。天下没有免费的午餐，币圈就是一个给普通人提供极大方差的场所，有人在这里一夜暴富，也有人在这里倾家荡产。

回过头来，当初放弃AI行业，在币圈摸爬滚打了4年的我，会如何面对这波AI浪潮呢？我的选择是，一方面继续保持对币圈的关注，因为这依然是目前最可能出现奇迹的行业，另一方面将部分精力从币圈抽出来，去探索AI、美股、科技相关的投资机会，因为目前币圈整体的流动性和关注度确实处于熊市周期，没有必要投入大量时间，而股市，依然是我认为作为普通人最有机会吃到AI红利的地方。

[Armani Ferrante @armaniferrante]

Modern finance.

[YC🎒 @bgu_chiu]

ticker

[Backpack 🎒 @Backpack]

The ticker is $BP.

BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy

[Backpack 🎒 @Backpack]

Limbo starts now

See you at TGE
March 23

[比特进 @roger73005305]

为什么你前半生存不住钱？
挣不代表存。命中有财的人，往往在 35岁之前存不住钱。

这不是因为你能力不够，而是因为 “财未归位”。

1. 为什么35岁之前存不住？

命理中有云：一步大运等于十年。
35岁之前，你大概只经历了 3次大运。这个阶段的财富，叫做 “浮财”。

- 什么是浮财？
就像水面上的浮萍，看着热闹，实则飘忽不定、不稳定。
- 这一阶段的意义：
这是上天给你的 “增智期”。让你体验人间冷暖，看透人情世故，积累认知和阅历。

2. 真正的财富从什么时候开始？

大部分人要等到 第4步大运（约35岁后），财富才能开始 沉淀，真正稳稳落入口袋。

3. 一句忠告

先吃亏，再占财。
哪怕你20多岁就发了财，那也是浮财，终会散去。
别急着焦虑，前半生的辛苦，都是为了后半生的“稳”做铺垫。

#国学智慧 #财运 #人生哲理 #玄学干货