Necrovarus

Investor

[Necrovarus @OttRcott]

@Shaughnessy119 Yes, they will transact in stablecoins and keep excess savings in btc...

[Necrovarus @OttRcott]

@RaoulGMI @tadtweets Cryptopunks?

[Necrovarus @OttRcott]

@RaoulGMI @tadtweets Digital?

[Necrovarus @OttRcott]

@RaoulGMI You can't red line the Ferrari everyday Mate!

[Necrovarus @OttRcott]

@Joshua_Frank_ Really? Who are the $100M$-$200M raises? Name some.

[10Δ @_10delta_]

Apathy is governing crypto, which has been tainted by the proliferation of scams & get-rich-quick schemes that naturally arise in hype cycles.

Yet:

- Nation states (& general investors) will accumulate BTC as it is recognized as a better/scarcer SoV than any alternative (quantum tail risks are what is holding it back in this regard)

- Global stablecoin diffusion (which the US government is incentivized to push) will only accelerate & lead to increased familiarization & number of participants within the broader crypto economy (“trojan horse” effect)

- AI agents will expand the number of crypto users 3x to 5x (conservatively) within the next 4 years

[Raoul Pal @RaoulGMI]

Forget UBI. The answer is Universal Basic Equity… and it’s humanity’s pension plan for the post-AGI world...

The Economic Singularity is coming faster than people think and the default question is how humans make money in a world that doesn’t really need them anymore.

The default answer is UBI, which is transfer payments from a state, funded by taxing an AI economy that nation states can neither see nor keep up with.

It’s a 20th century answer to a 21st century problem and it’s broken before it even starts.

Agents are becoming the dominant user of the internet, not humans. Your AI is becoming your entire front end UX. The clicks economy is dying everywhere except where humans pay to feel something - clothing, travel, luxury, experiences, culture.

Agents run on crypto rails because nothing else works. The dollar doesn’t fractionalise below a cent, settlement isn’t instant, permissions are required, jurisdictions matter. Stablecoins handle the dollar leg and native tokens handle the rest.

The biggest users of DeFi in five years won’t be humans farming yield… it’ll be agents managing treasuries, swapping, earning and spending at machine speed.

Capital formation has already shown its new shape and it came from the most unexpected place. Memecoins. Everyone wrote them off as a casino but they were a prototype. Instant capital formation around the attention of an idea, raised by entities without legal personhood, settled in seconds. That is the template agent economies will use to fund themselves.

And it’s not just agents...

Robots will run on the same rails, with zk permissions issued from our wallets as the source of truth, because biometrics are far too flawed for that role

Open source code itself gets tokenized and finally captures the value it creates, instead of being monetized through bolted-on services and subscriptions.

Proof of humanhood becomes the trust layer that lets us release agents into the world without society collapsing under synthetic noise. Identity, authentication, verification, permissioning, all of it migrates onto the same substrate.

So when you zoom out, the L1s aren’t just settling agent transactions but settling the entire coordination layer of the new economy… agents, robots, humans, code, capital, identity and trust.

Every contract, every treasury, every permission, every stake. Open source finally captures the value it creates, at scale, for the first time, and truly vast value accrues to the coordination layer because everything routes through it.

Which brings us to the actual answer to the Economic Singularity…

Universal Basic Equity.

Anyone on earth with a phone and an internet connection can buy a stake in the substrate that the new economy runs on. No KYC walls, no accreditation rules, no jurisdiction, no employer, no state, no permission. The first homogenous, permissionless, globally fractionalisable claim on the productive infrastructure of the world. It's not a slogan but a structural fact about how blockchains actually work. This is their purpose.

Wealth comes from owning the substrate. Income comes from being human, because attention and experience remain the irreducible currency of culture, community and love.

Abundance of goods and services from AI handles the cost of living.

Taxing data center electricity use solves the tax issue.

Four legs of a stool that holds up the post-singularity human world.

So… just buy the fucking tokens.

Bitcoin if you want pure store of value, a basket of the major L1s if you want the coordination layer. 10% of your earnings, every month, for a decade. You'll be wealthy and protected from the changes to come.

Crypto is going to $100trn in the next 6 to 8 years and well beyond that after.

You can choose to invest in your own economic disruption, or get left behind by it.

And if you’re worried about timing the cycle…

…adjust your time horizon.

This is humanity’s pension plan.

It's all so absurdly fucking obvious...

[Necrovarus @OttRcott]

@bennypjacobs 100% Agree!

[Necrovarus @OttRcott]

@RaoulGMI Yes, I agree!

[Necrovarus @OttRcott]

@RaoulGMI Just shaking off the jet lag. Your theory makes absolute sense. We already have a form of UBI with income tax breaks, medicaid, etc....UBE takes it to a much higher level and higher plane!!

[Necrovarus @OttRcott]

@retiredchaddev @mdudas How does a VC fund go to zero? I have never heard of this in almost 40 years in investing.

[Necrovarus @OttRcott]

@Evan_ss6 it means you are young and never worked on a trading floor or desk

[Necrovarus @OttRcott]

@DanBenton I sat with Dan almost 30 years ago at Pequot when we were founding our family office. I have met with probably 1000 hedge fund managers over my tenure, and he still stands out as a top 10 for intellect and thesis. Also, loved the 13F's at Andor..always round lots!!

[Necrovarus @OttRcott]

@degentradingLSD what happens if they win?

[Necrovarus @OttRcott]

@NAccount32629 @jvb_xyz hahaha...laughing my balls off

[Necrovarus @OttRcott]

@andyyy Their first fund results suck

[Necrovarus @OttRcott]

@JuddLobel @different_mj what did they kill the first time around?

[Kyle Chassé 🐸 @Kylechasse]

History rewards nations that buy the future early.

The US bought Louisiana Territory, Texas, California, and Alaska when they looked speculative. They became generational assets.

Now the frontier is digital.

AI will define digital intelligence.
Bitcoin will anchor digital property.

If the US does not accumulate meaningful exposure to the Bitcoin network, it must at least ensure policy drives American companies and investors to own it.

Because the countries that control the base layers of AI and digital assets will compound power for decades.

Capital flows where incentives are clear.

Nations that hesitate subsidize the ones that act.