I don’t think we realize just how much of superhuman freaks we’re becoming by being all in on this space.
Felt like writing a thread to highlight just how freakish the knowledge & skill acquisition is in Web3 relative to working (any) corporate job in the world 🧵👇
"The Psychology of Money" by Morgan Housel is the book I've re-read the most in recent years.
Packed with insights on investing, mindset and our relationship with money. Very valuable with the current pace of markets.
Here are 8 takeaways 🧵
Wading into the yLuna price debate... Two big takeaways:
1) at 80UST Luna I see yLuna fair value at 28-30UST 2) I increasingly think that my original estimate of PRISM AMM fees - and so $500-750m valuation of PRISM - is waaaaaay too low
https://t.co/ZsOSmgghcy
The audio version of @twobitidiot’s #theses2022 is available now! Get every hot take, every scalding burn, and all of the best alpha you need for 2022.
Available now on all podcast platforms! https://t.co/lNoq6X8f5f
Arca has been very involved in the $AXS Ecosystem.
Recently, KPIs (Revenues, DAUs, overall activity) have slipped, largely due to very fixable problems related to $SLP. With $RON pricing soon, we believe Axie now has many levers to pull to right the ship.
A thread 👇
You're using the term "ponzi" to mean an economic game with built-in investing incentives & high risk of implosion.
When regulators hear "ponzi" they think it means a fraudulent scheme in which a criminal deceives victims to steal their money.
This term is doing massive damage.