The UAE just reported AED46.52bn in corporate tax for 2025.
Yet eligible free-zone companies can still pay 0% on qualifying income.
For the right business, Dubai still makes a lot of sense.
$ttwo is an asymmetric bet with a great -awesome catalistic that is GTA RELEASE
WE SHOLD GET A MASSIVE MEDIA COVERAGE FROM THIS WEEK AS THE 19 nov is the date
Long way of saying "because it's over".
The hope is gone, not because of cycles and copium... but because the objective of Crypto was ALWAYS to sell the coins to the bankers.
The bankers showed up.
We sold at RIDICULOUS multiples.
And now everyone wants to do the same again... but that's not how it works.
Generational trade is done.
Everyone knows what a Bitcoin is now. Everyone can buy it if they want to. There are 0 barriers to entry or advantage of being "early" now.
It's now a standard asset to allocate to as part of a balanced portfolio... not a disruptive cyberpunk movement and a threat to global banking.
Everyone has $1bn targets for memes like that's normal.
Try creating a business from scratch and getting it to a $1m valuation and you see the dystopia we have been living in.
Unfortunately, the current crypto meta is getting raped by broccoli headed 12 year olds and it's called "trenching".
On the plus side, at least you get to choose the venue you are raped on... be it pumpfun, fomo etc.
Crypto still offers some great opportunities don't get me wrong... but it's becoming no different to TRADE than tradfi.
You need to find +EV opportunities in trading or invest in the 1/10,000 company that flies... same with the billions of alts we have now.
This a traders market now, not an investors.
That's all there it to it. That's it. Generational trade complete.
Losing money now feels bad because we all know it's going to be WAY harder next cycle than the last... and harder the next one... etc. Such is the law of diminishing returns.
Still opportunity for good traders... just blind optimism will leave you broke.
Love Charlie
xoxo
Crypto used to be about introducing innovation and change to financial systems. Market would trade with this in mind.
Now, the end goal for every other KOL is how to get away with bundling a $10M runner. Market now trades with this in mind.
You don’t hate these people enough.
**Hypothetical:** If we built a group of extremely realistic, beautiful AI androids and put them in an old-school cabaret-style venue, charging customers for the full experience of the world’s oldest profession… would that actually be legal?https://t.co/APaW4RQq1K
**Hypothetical:** If we built a group of extremely realistic, beautiful AI androids and put them in an old-school cabaret-style venue, charging customers for the full experience of the world’s oldest profession… would that actually be legal?https://t.co/APaW4RQq1K