David Monroe Rashid

Venture. Crypto. 🇩🇪🇩🇪🇩🇪🏴󠁧󠁢󠁳󠁣󠁴󠁿🇵🇰🇮🇱🇺🇸. I care what my forefathers think about me, not you. CS @Umich

[David Monroe Rashid @Davidmrashid]

I may never beat the rumors,

BUT I WILL BEAT THE ODDS

-
DAVID
MONROE
RASHID

[David Monroe Rashid @Davidmrashid]

@ChicagosMayor Amazing. Are the stray bullets also climate friendly?

What about the youth illiteracy?

Hopefully that’s all preserving the climate.

[David Monroe Rashid @Davidmrashid]

Already wining and screaming. SMH 🤦‍♂️

[David Monroe Rashid @Davidmrashid]

If you fly with a child under 7 years old you should be forced to sit in a separate cabin.

First class flight and I’m sitting next to a woman with a toddler strapped to her chest.

This is not what I paid for.

Absolutely ridiculous.

[David Monroe Rashid @Davidmrashid]

I know people worth $250M who wear a Movado.

Also know people worth $2.5M who wear a patek.

🤷‍♂️

[David Monroe Rashid @Davidmrashid]

The problem with being just a good looking guy is that the more she gets to know you, the less she’ll like you.

Alternatively, the problem with being a smart guy is just getting past initial impressions. The more she gets to know you, the more she’ll get to like you!

[David Monroe Rashid @Davidmrashid]

Fact that this guy is a centi millionaire but self proclaimed socialist is wild.

You do not make hundreds of millions of dollars without a voracious appetite for money and self interest. There’s nothing wrong with those things, unless of course you’re telling other people that it’s wrong while simultaneously doing it yourself!

[DogeDesigner @cb_doge]

BREAKING: Elon Musk calls out Ro Khanna as his household wealth reportedly grew from roughly $27–46 million to an estimated $232.7 million.

• 631 million total trade volume across 38,666 trades since entering Congress, most prolific Democratic trader in House history.

• 2022 investigation found 15% overlap between his legislative work and family stock holdings

• Ro Khanna’s AI-focused trades returned +112.1% excess over the S&P 500 from January 2024 through April 2026, far beating Nancy Pelosi’s +38.5% outperformance.

• 143% return on Nvidia shares bought via wife’s trust in Feb 2024, right before CHIPS Act helped double the stock

Ro 'the Robber' Khanna seems to be the most active insider trader in Congress.

[David Monroe Rashid @Davidmrashid]

2/3 of my hotels on this Asia trip had bullshit orange juice.

Why the hell do you need to ADD SUGAR to orange juice.

That’s ridiculous. All over Asia they sell fruit juice products marketed as ‘x fruit juice’… take a closer look and it’s actually added sugar juice. Ridiculous

[David Monroe Rashid @Davidmrashid]

That’s partially why I’m bearish on USDC to a degree .

It will maybe/probably grow in the payments space.

But defi? It seems there’s a cap. If any defi / dapp gets big enough they’ll make their own stable coin. Why wouldn’t they. It’s the easiest dollar farm of all time once a project has reached scale speed escape velocity.

The other reason I’m bearish on it long term? Distribution is the key thing. On ramp partnerships seem to be strong where the old, existing fiat relationships and supply chains are.

Tradfi firms are growing their own, albeit unused and even potentially crappy stablecoin products. I see announcements every day about visa , Mastercard , PayPal , major bank stablecoin rollouts. I’ve never used any and don’t know anyone who has.

With that being said, if the tradfi ‘s don’t successfully adapt and leverage their distribution and seats at the tradfi knights’ round table, the circle’s and Tether’s of the world will beat their lunch/ continue to do so.

The other issue is the crappy bridging of stablecoins. The fact that there’s not ultra low fee, fast , cheap ways to bridge the ‘crypto native’ stable coins like USDC from chain to chain or even for efficient conversions - ie USDC->USDT, is a testament to the sustained or purposeful ignorance of the Circle’s of the world.

And CEX’s listing and sneaking in random stables that aren’t used anywhere like solana:CASHx9KJUStyftLFWGvEVf59SGeG9sh5FfcnZMVPCASH . No hate but if I have to pay multiple hundred bps to transact into other dollar stable currencies, then your product is trash!

Stablecoin rant.

I see stablecoins growing a ton but once that growth hits its asymptote, they need to learn to work with existing products better.

Every successful dapp chain should and will have its own stables. $USDC’s of the world can be for payments and the intermediary to these dapp stablecoins and fiat.

If Dapps require you to use their stable to participate, people will. No one has a good reason to use solana:CASHx9KJUStyftLFWGvEVf59SGeG9sh5FfcnZMVPCASH . It shouldn’t exist quite frankly as shouldn’t many others.

[David Monroe Rashid @Davidmrashid]

Every cycle we shake out junk:

DeSocial was a past death (still bullish in long run but as long as crypto is as unuser friendly as it is, no instagram models will learn to use a crypto wallet to have a web 3 social life)

NFT Art Trash (bullish NFT just needs better application surfaces that actually use the technology for productive things - digital ID’s/documents/tickets/ etc)

This time you know crypto is evolving because the crypto deaths are more technical, more utility based.

This seasons death? Blockspace.

Eth hurting. Sloppy ICO’s like Monad. Other blockspace chains bleeeeeding hard.

The emergence? Dapp chains!

Yes. The new product map should be and is becoming;

build fast and as soon as you have traction migrate to your own stack.

Your own L1

Your own stable coins

Your own everything..

[David Monroe Rashid @Davidmrashid]

I will wait for $MSTR mNAV to compress to <1 or close to it and then start accumulating call options 6-18 months out.

Every bottom we have the mark Cubans saying why $BTC is defunct and will go extinct. As Carl Icahn always said, you have to buy assets when no one else wants them.

So buy the $MSTR options, leverage squared, and you’ll get a nice pump when we, again, as always, follow the BTC halving price cycle back up.

Not necessarily bullish on $MSTR as a company. It’s unsustainable but the bears of $BTC and by way of this, Strat too, are timing things wrong at the very least.

[David Monroe Rashid @Davidmrashid]

China has the most impressive suspension bridges I’ve seen

[David Monroe Rashid @Davidmrashid]

For what is a man? What has he got?

If not himself, then he has naught.

To say the things he truly feels, and not the words of one who kneels.

The record shows I took the blows.

And did it my way.

- FRANK SINATRA

[David Monroe Rashid @Davidmrashid]

YOU DO NOT HAVE TO WIN BUT YOU DO HAVE TO FIGHT BACK

-
DAVID
MONROE
RASHID

[David Monroe Rashid @Davidmrashid]

Spotify classic suggested shuffle just had me go from December 1963 (4 seasons) to Love Sosa (chief keef)

Hired Michelangelo to paint my ceilings and got spray paint

[David Monroe Rashid @Davidmrashid]

They told me to stick to posting about AI crypto and investing….

I AM NOT GONNA DO THAT

🏴󠁧󠁢󠁥󠁮󠁧󠁿🏴󠁧󠁢󠁥󠁮󠁧󠁿🏴󠁧󠁢󠁥󠁮󠁧󠁿

[David Monroe Rashid @Davidmrashid]

I AM the last RHODESIAN

[David Monroe Rashid @Davidmrashid]

It could always be worse. Just be happy you’re not these guys.

[David Monroe Rashid @Davidmrashid]

@elonmusk Why can’t you see my app? I have it running on localhost 3000

[David Monroe Rashid @Davidmrashid]

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