Anson.H

Some people live a lifetime in a minute

[Anson.H @GoR_76ers]

@Mr_Derivatives Al Pacino: Some people live a lifetime in a minute 😅

[Anson.H @GoR_76ers]

@KanwalSibal shame on USA

[Anson.H @GoR_76ers]

@fuzishushu 阿梅，是不是这个道理😂

[Peter Girnus 🦅 @gothburz]

Last quarter I rolled out Microsoft Copilot to 4,000 employees.

$30 per seat per month.

$1.4 million annually.

I called it "digital transformation."

The board loved that phrase.

They approved it in eleven minutes.

No one asked what it would actually do.

Including me.

I told everyone it would "10x productivity."

That's not a real number.

But it sounds like one.

HR asked how we'd measure the 10x.

I said we'd "leverage analytics dashboards."

They stopped asking.

Three months later I checked the usage reports.

47 people had opened it.

12 had used it more than once.

One of them was me.

I used it to summarize an email I could have read in 30 seconds.

It took 45 seconds.

Plus the time it took to fix the hallucinations.

But I called it a "pilot success."

Success means the pilot didn't visibly fail.

The CFO asked about ROI.

I showed him a graph.

The graph went up and to the right.

It measured "AI enablement."

I made that metric up.

He nodded approvingly.

We're "AI-enabled" now.

I don't know what that means.

But it's in our investor deck.

A senior developer asked why we didn't use Claude or ChatGPT.

I said we needed "enterprise-grade security."

He asked what that meant.

I said "compliance."

He asked which compliance.

I said "all of them."

He looked skeptical.

I scheduled him for a "career development conversation."

He stopped asking questions.

Microsoft sent a case study team.

They wanted to feature us as a success story.

I told them we "saved 40,000 hours."

I calculated that number by multiplying employees by a number I made up.

They didn't verify it.

They never do.

Now we're on Microsoft's website.

"Global enterprise achieves 40,000 hours of productivity gains with Copilot."

The CEO shared it on LinkedIn.

He got 3,000 likes.

He's never used Copilot.

None of the executives have.

We have an exemption.

"Strategic focus requires minimal digital distraction."

I wrote that policy.

The licenses renew next month.

I'm requesting an expansion.

5,000 more seats.

We haven't used the first 4,000.

But this time we'll "drive adoption."

Adoption means mandatory training.

Training means a 45-minute webinar no one watches.

But completion will be tracked.

Completion is a metric.

Metrics go in dashboards.

Dashboards go in board presentations.

Board presentations get me promoted.

I'll be SVP by Q3.

I still don't know what Copilot does.

But I know what it's for.

It's for showing we're "investing in AI."

Investment means spending.

Spending means commitment.

Commitment means we're serious about the future.

The future is whatever I say it is.

As long as the graph goes up and to the right.

[Anson.H @GoR_76ers]

@TraderJonesy Japanese 2-year JGB yield gonna crash the market？

[Anson.H @GoR_76ers]

@Tractor3000k @luigidemeo @AvaLabs from $xava, nft trees, nft warriors, to $coq, $ket, $tech, he is always a insider trader, no idea why he will be part of the ava lab members, lmao

[Anson.H @GoR_76ers]

@hmmxavier layoff luigi, layoff kevin

[Anson.H @GoR_76ers]

@Paps0x to add on，luigi is a true insider trader, from early xava, nft projects(tree nft, warriors, etc.), meme coins (coq, tech, ket, etc)

and Kelvin is a master in argument, he blamed techs solana, polygon, eth and so on, but buidl wt？sometimes i am embrassed to see his reply

[Anson.H @GoR_76ers]

@Paps0x some of those insider trader may go to jail, sometimes, hopefully

[Paps🔺 @Paps0x]

Alright, time to say what needs to be said.

Disclaimer:

I’m not here looking for drama, even though saying this out loud might naturally create some. My goal is to bring a bit of transparency and let people know about certain actions coming from folks at AvaLabs. Some of these things are already well-known, so a few of you won’t learn anything new. Other parts are more in the “rumor that never got fully confirmed” category. In the thread below, I’m not dropping hard evidence. What I’m sharing comes from multiple conversations I’ve had, testimonies, and on-chain investigations done by members of the AVAX community. I won’t speak on their behalf. If any of them want to reveal their identities and share the proofs they showed me after this tweet goes out, I’d welcome it. The goal here isn’t to hold a trial. None of this is personal. I’m doing this for the good of $AVAX and to give its community the fairness it deserves, a community that’s often been accused of “not being bullish enough” or “killing the vibe.” I’ve contributed to that narrative myself, thinking it was more helpful to just bullpost instead of pointing out what was wrong. Lately, I started speaking about it privately, then in TG groups. Now I’m doing it publicly, hoping others will also speak up, not in some chaotic crash-out frenzy, but so the space can finally get cleaned up.

Alright, let’s get into it.

Let’s go back to 2023. At that time, not much was happening on-chain. It was the bear. But suddenly, AVAX started gaining attention again.
For me, the real shift happened in December 2023, the moment AVAX/SOL hit a local ATH, same for AVAX/BTC. Thousands of users were flocking in, everything looked aligned, and the future felt incredibly bright for AVAX.
Top-tier global banking partnerships, memes exploding, a full NFT season. Everything pointed upward. So how did we go from a chain solidly in the Top 10, with strong on-chain volume and a real chance to stand alongside Solana or BSC, to what we see today?
That's the question we’re going to try to answer. And to do that, we need to start with the foundation of any serious company: its strategic vision.

Chapter 1: The Vision That Never Was

Back in 2022, Emin Gün Sirer, CEO and co-founder of AVAX, openly said meme coins were stupid and useless.
By December 2023, suddenly memes became the hot thing for AVAX to push.
There was even a time when AvaLabs’ official policy was literally:
“We never talk about memes on Twitter.”
Then out of nowhere, you had Luigi shilling COQ and TECH, with other Foundation board members piling on right behind him.If we step back for a second: from a communication standpoint, this sequence was a glaring mistake. You simply can’t say one thing and then do the exact opposite a year later without any explanation. A brand needs consistency. A chain narrative needs a direction.
We’ll come back later to how this “meme rush” was launched and executed, because that part matters too.The truth is: AVAX went through six or seven different narratives in two years, each one contradicting or replacing the previous without any long-term logic.
Meanwhile, competing chains stuck to coherent storytelling that actually aligned with what was happening on-chain.
Solana, for example, embraced being the “casino chain,” the home of meme coins, and it worked. They stayed consistent, and the market rewarded them.AVAX, on the other hand, tried to be:
the gaming chain
then the NFT chain
then the meme chain
then the institutional chain
then the AI agents chain
then the social-fi chain
then the DeFi chain
then the DATs chainIt became a rotating identity crisis.
Another recurring issue: these narratives were often copy-pasted from what other chains were already doing, but always late to the party.
For example, the AI agent narrative hit AVAX months after it had peaked on Base. It felt out of sync, forced, disconnected from on-chain reality.Most of these narratives didn’t emerge organically from the community or from what was actually happening on AVAX.
They were top-down pushes from AvaLabs’ communication team.
And too often, the projects chosen to embody these narratives were not community-driven or rooted in AVAX’s existing ecosystem.

Chapter 2: The Forgotten Builders

By constantly switching narratives, AvaLabs became out of touch with the community (its needs, its expectations, and its loyal builders). While other chains executed marketing strategies that brought in users and market share, AVAX never expanded beyond its late 2023 peak.Some “inner-circle” projects and influencers got attention, but real community-driven projects were often ignored. Take $HUSKY as an example. At the end of 2023, we ran a major campaign while AVAX Twitter reach was almost dead. Metrics? In late October, our tweets got 13 likes (under 200 views). By early December, one post hit 1k likes and 50,000 views. All done organically, with zero support from AvaLabs. @luigidemeo once said, “I like Husky but it’s Coq time.” Coq is a legendary meme (no problem there), but ignoring the project that opened the door for the rest shows a blatant lack of respect. We onboarded hundreds of users, reaching 15K holders organically by late December. $HUSKY continued collaborating with other projects and participating in events. And the reward? Largely ignored during the meme rush.
Other projects with strong communities and real traction were also overlooked. $VELAI and $CWAI had genuine communities and functional projects. $RIP was one of the first Arena tokens, supported by hundreds. I can name dozens of projects that deserved way more love from Ava Labs and the Foundation.
The question is obvious. On what basis does AvaLabs choose which projects to support? Certainly not on real data (user numbers, Twitter reach, or growth potential).

Chapter 3: The Golden Pass

On what basis does AvaLabs or the Foundation decide which projects to support? Which partnerships or contracts are prioritized?Take Hyperspace as an example. AvaLabs launched an incentive program that allowed Hyperspace to generate millions of dollars in fees, all paid by Avalanche through incentives that often benefited wash traders. The cost for Hyperspace? Nothing. Yet at the same time, Hyperspace continued to charge $10,000 for launching a new collection. Few new collections were launched, discouraging artists and builders from bringing projects to AVAX.
It feels like decisions like these favor AvaLabs insiders and their friends, rather than projects based on real community engagement or contributions to AVAX’s ecosystem. Did Dominic Carbonaro, who oversaw the Hyperspace deal, ever consider requiring Hyperspace, in exchange for millions of dollars in funding, to prioritize community-driven projects? Apparently not.
Another example is AI9000, heavily promoted by Luigi, who openly bought hundreds of AVAX tokens before the Foundation followed with their own purchases. On what basis was AI9000 chosen as the flagship AI agent project for AVAX, while other fully functional projects like $CWAI and the @0xVelvetai trading agent received only minimal support? These projects were active, with real communities. Their Telegram channels were alive, with dozens of people interacting daily.
The broader pattern is clear. Projects with actual traction and engaged communities are often overlooked, while a few get a golden pass, seemingly because of personal connections rather than measurable impact on the ecosystem.

Chapter 4: The Blind Trader

Avalanche tried to support its ecosystem, but it was chaotic and amateurish.The meme rush was announced in advance. This was a huge mistake. You create a moral hazard. Wallets were tracked in real time. Coq, Kimbo, and Tech hit ATHs while Foundation buys were happening. When the rush ended, the community was asked to lock tokens for tiny rewards, which did not cover the brutal losses. Meanwhile, Solana’s memes were breaking billion-dollar market caps.The presale season was worse. Hundreds of millions were spent on a few meme coins with zero market making. There was no coordination with projects, no alignment with roadmaps, no timing with market candles. Random buys of hundreds of thousands of dollars destroyed token price trajectories.
Take KET, WINK, and BLUB. The Foundation spent roughly 6M AVAX on KET, 1.2M AVAX on WINK, and 376K AVAX on BLUB. Thousands of users bridged to participate in these presales, yet today some of these tokens are worth less than 1M dollars in market cap.
BLUB in particular created a wave of excitement unseen on AVAX for over a year. It became a cultural moment, a shared memory in the community. Abandoning it was a mistake. It did not deserve to be sidelined, and this shows a lack of understanding from AvaLabs of what resonates with the ecosystem. The Foundation’s 5M dollar purchase at the top, on the same day Trump announced a trade war, wiped out gains and turned the hype into losses. This is a perfect example of market timing gone wrong.
This was not just sloppy execution. It was blind trading with hundreds of millions at stake, putting the broader AVAX community at risk.

Chapter 5: Insider Profits

While the Foundation executed the meme rush and presales in a chaotic, uncoordinated way, some insiders quietly benefited.Take Arena tokens as an example. Systematic extraction happened across multiple tokens. On KET, massive extraction occurred from the very beginning. Most AvaLabs employees appeared on the KET shameboard early on, and some even asked to be removed. The extraction was not limited to presales; it also happened during the meme rush.
$TECH is another example. Despite being less than four days old and not meeting the Foundation’s criteria for the meme rush, insiders managed to buy a large portion of the supply within the first minute of the launch and sell immediately after Foundation purchases. It is clear that some members of the Foundation either leaked their intentions or personally profited from these operations.
Certain wallets consistently profited from Foundation buy activity, often minutes ahead of official purchases. This included members of the board who mysteriously resigned shortly after a 5M dollar market buy at the top of Blub (exit pump for them?). While the broader AVAX community participated in presales, endured brutal price swings, and chased hype, a few insiders were consistently ahead, systematically extracting millions of dollars.
This was not just sloppy execution. It was a system where millions were funneled to a few wallets, exploiting the chaotic strategy, publicized buys, and lack of transparency. The community bore the risk, while insiders profited.

Chapter 6: The Black Box

All of this happened with a screaming lack of transparency. On one side the Foundation wants to be transparent by announcing the meme rush. On the other, we still don’t have any real governance on the blockchain. We don’t know who owns the huge validator nodes that rake in massive staking profits every single day and are technically able to control the blockchain because of the protocol. I believe staking revenue alone can explain the vertiginous drop in the price of AVAX, especially when you see how tens of millions of AVAX were spent by the Foundation over the last two years (we’re talking the equivalent of two Avalanche Rush programs spent). And I’m not even talking about the millions of AVAX that flow to CEXs, the OTC sales that always seem to surface at every local top. There are way too many coincidences. That said, I still don’t have formal proof that the Foundation or AvaLabs are selling tokens on CEXs. If someone has that proof, bring it.

Chapter 7: Why This Actually Matters

Why does all of this matter? We need to clean house, and the cleaning has to come from the bottom, from the community. Everything we built at the AVAX community level has literally been destroyed. We’ve been pointed at for far too long, but the truth is that the Foundation and AvaLabs created the toxic behaviors in the community themselves. When you publicly back one project over another, how do you expect people to behave any differently than just chasing your approval? When we see Foundation transactions that pump one token hard and abandon another? When we can all spot the insider wallets? The result is a community that got dropped while a few of us made it out by following the money and extracting everything possible from the Foundation. Result: retail left. Because NO ONE at AvaLabs ever cared.
I fully realized how out-of-touch this company is last June when $VANYA launched. It was an excellent idea, perfectly launched by the $COQ team with market-making, volume, everything set up to succeed. Sending 2 % of the supply to an AvaLabs employee was the fatal mistake. She dumped the entire bag in one shot because she was supposedly drunk. Imagine a Solana employee doing the same thing. It probably wouldn’t happen because over there they understand the power of CT, they know why you get sent 2 %, and they know the bare minimum is to burn what was sent. The fact that every single AvaLabs employee jumped to defend Vanya is symptomatic of the total lack of DeFi culture inside that company today. Basically we have noobs running the blockchain who know nothing. They don’t know how to manage a community.

Oh wait, we did have one guy who actually knew about the space… and they fired him yesterday.

I had more to say, but its enough for today.

[Paps🔺 @Paps0x]

Been in AVAX since 2021, met the Ava Labs team in person in Lisbon back then. Things have changed. Many good people left, new ones with big ambitions came on board. I remember when Ava Labs people were just quietly supporting projects and sending AVAX without expecting anything in return. Now some are draining the community and even the foundation. This has been going on for years now. We are losing everything that has been built. And first of all, we are losing trust. This is a serious issue. I’m close to losing it and spilling everything I know about this mess. Strong measures are needed to clean this up and get the team back on track.

[Anson.H @GoR_76ers]

今天學到一個新詞語，Minsky Moment，長期債務狂歡後的「突然驚醒 + 集體逃命」那一刻。

[Michael A. Gayed, CFA @leadlagreport]

This isn't about $NVDA.

This is about Japan.

The reverse carry trade.

Like and repost if you understand this.

[Anson.H @GoR_76ers]

@leadlagreport bro, amazing

[Anson.H @GoR_76ers]

@guobaoy0u （3/3)
在機場準備離境，拿了個膠盤子裝隨身物品，過了安檢拿起自己物品就打算走，有熱心市民拉住我：“盤子��自己收哦",我楞了兩秒，指指前面在收盤子的工作人員。熱心市民:"自己盤子自己收，是基本素質哦。”

臺北市民，自我感覺是全世界最有素質，最講規矩的。

這就是我説的，莫名其妙的自信。

[Anson.H @GoR_76ers]

@guobaoy0u （2/3）
幾個小片段:
在捷運口渴的不行，在月台等車時，拿出包裏的礦泉水準備喝一口，馬上有職員跑過來(對，是跑),提醒我不能喝水；我説抱歉我就喝一口太渴了，職員說:"那邊寫了不能喝水，你不懂字哦？“

[Cassandra Unchained @michaeljburry]

The idea of a useful life for depreciation being longer because chips from more than 3-4 years ago are fully booked confuses physical utilization with value creation. Just because something is used does not mean it is profitable. GAAP refers to economic benefits.
Airlines keep old planes around for overflow during Thanksgiving or Christmas, but are only marginally profitable on the planes all the same, and not worth much at all.
A100s take 2-3x more power per FLOP (compute unit) so cost 2-3x more in electricity alone than H100s. And Nvidia claims H100 is 25x less energy efficient than Blackwell for inference.
If that is the direction you are going, chances are you have to be doing it, and it is not pleasant.

[Anson.H @GoR_76ers]

看來是ptsd了，壓力很大的樣子

[Cassandra Unchained @michaeljburry]

Me then, me now. Oh well.
It worked out. It will work out