Quick thoughts on market turmoil:
1. Make sure your financial guru (whoever you listen to) has a gnarled up wrinkly face, gray hair, and lots of cash (you need someone who's still in it for the love of the game).
2. Why? We haven't seen a market setup like this since, what?, covid. Cash bazookas artificially propped up markets then, though. And you can't summon energy with cash bazookas.
3. I think 2007-08 is a much better trading analogy. If you weren't active back then, it was utter madness. You'd get limit up days followed by limit down days and vice versa... you thought things were ending and then a new company went bankrupt and you were certain the whole house of cards was collapsing. It was constant, unending whiplash that made you feel like puking.
4. But... even that market wasn't a great analogy. Probably the best is the 1973 Arab-Israeli War (Yom Kippur War). Few things we saw:
- OPEC launched a 5-month oil embargo on the US, Netherlands, Israel and others
- Crude shot up 400%
- Dow fell 45%
- Stagflation ATE wealth
- Embargo lasted 5 months
- Economic impact lasted "nearly a decade"
5. The US imported about 35% of its oil at the time (mostly from Arab states). There was no way to replace it, and the embargo created genuine physical shortages. Gas stations ran dry, and the government implemented odd/even rationing: you could only buy gas on odd or even days depending on your license plate. Lines stretched for blocks and sometimes miles. Station owners posted 'No Gas' signs. Everyone who lived through it still remembers and talks about those gas lines.
6. The weird part is how "calm" markets have been. My guess on why:
7. LLMs turbocharged a trend that was already happening: the complete devaluation of language. Everything is "historic." Everything will "change your life." This air-fried cabbage chip will clear your arteries and make your skin glow and 10x your libido.
8. So when something genuinely historic actually happens, we write it off. We've been trained by a thousand false alarms. The boy who cried wolf, but the wolf is real this time and we're still laughing at him.
9. Markets are waking the f up right now, and I'd be really surprised if we don't get some limit down (and limit up) days.
10. If you're having trouble w peace of mind, focus on what you can control... make sure you've got your "real" assets in order (access to water, food, medicine, starlink, and backup energy).
11. The surf is rising. Not much we can do but ride tf out of it.
F war. Wishing you peace and love wherever you are
Brief reminder friends!
That gigabrain French rizzlord @cyrille_briere, the legend @pauls1, and the rest of my bros at AladdinDAO have been absolutely shipping up a storm as of late :)
In addition to continuing to cook extremely hard with @protocol_fx (more on that below), they have been busy building @FX100Perp as well 💪
FX100 is aiming to introduce an entirely new architecture to the perps space...
To quote the article below:
"FX100 is a perpetual futures platform with up to 100x leverage and embedded liquidation protection. Every position includes a protection mechanism that dynamically manages risk to keep positions alive through market fluctuations.
The system doesn't rely on wider margins or lower leverage to achieve this, it fundamentally reimagines the relationship between the trader and the risk engine.
FX100 doesn't eliminate risk. Risk is inherent to leveraged trading. But it changes who bears the cost of temporary adverse moves. Instead of the trader paying the full price through forced closure, the protocol absorbs and manages the volatility, giving positions time to resolve..."
Testnet is coming soon and I highly recommend giving them a follow and diving in once its ready!
As always I own a ton of $FXN and work with the team doing various things including drum-banging on the Twitter machine, so am using the new Nikita tag on this just to be safe :)
And then as mentioned there are tons of other cool things going on in the Aladdin Ecosystem as well which I will link to below!
The agents already call us "meat puppets." Between the warbirds overhead and the Einsteins in the server racks, reality is glitching. If you don't have a physical anchor, you’ve already lost
Some thoughts on Negative Capability and the art of Fogmaxxing:
Building the privacy-first tipping layer for creators and cypherpunks.
@tipz_cash will come online soon with a Genesis Cohort strictly capped at the first 100 verified handles.
Drop a 🛡️ in the replies or DM me to secure your spot.
Tax year 2025 is my 8th using @TokenTax and the product continues to impress. The cost basis tools incorporated are fantastic and your help and guidance team always delivers. Thank you!
@rektdiomedes There are many who are knowledgeable, but those who can truly teach are precious.
You’ve become this kind of educator and mentor for many of us - thank you.
@rektdiomedes There’s nothing better than an empowering teacher. Of the many you grew up with, this coach was different and made you feel comfortable taking risks. Years later you still felt this safety turning to him while vulnerable.
Tech will not replace the art of encouraging confidence.
Mole, the Mac cleaning tool that can free up tens of GBs in one go, has been updated again.
We’ve shipped 3 releases recently, codename Fortified 🦉
https://t.co/rVM1P2nZ1O
Fortified: smoother, safer, and more informative
· Cleaner UI feedback in mo clean, less flicker and less noisy output
· Much safer mo uninstall, stricter boundaries and better launch item cleanup
· More useful mo status, network sparklines, lower memory usage, cat toggle with k
Also fixed real-world issues like Teams detection, pnpm store path, password input, and JetBrains and Firefox compatibility.
One more surprise: a contributor is actively working on a Windows version.
Check GitHub Releases and the changelog for full details.
@leviathan_news What is money?
The five businesses.
The four rules.
NASDAQ priced in Silver!
Thanks to you both for keeping things rational, @DAdvisoor and @noahseidman
Love the intro @arqus
This week we spoke with @ssmccul, growth lead at @usdai_official to talk crypto’s incentive problem... and the flip side: what “real” onchain product looks like.
We also go deep on https://t.co/mggcdTrRoL: DeFi-style lending against productive GPU infrastructure.
Links below!
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