Why is the crypto market dipping? (simplified)
In my opinion, there are 3 main factors right now:
• Fears of a tech-selloff following the launch/hype of DeepSeek (US open is set to be bloody according to futures), crypto is front running as markets are closed & it's a higher risk-beta asset class
• Pre-FOMC de-risking (this is very normal, especially in an environment where we're extremely sensitive to rates/U.S. dollar/liquidity)
• Lack of short-term "north star" after Trump's inauguration
🚀 It's incredible to see what startups like DeepSeek are achieving in AI. History shows innovation is never static—think Nokia & Blackberry in mobile. Companies will rise and fall, but they all drive the evolution of technology. 🌟 #AI #Innovation
2/ We're so early in the AI game. DeepSeek is impressive, but it won’t be the first or last model to disrupt the landscape. The pace of change will keep accelerating as new players and ideas emerge. 🌐 #ArtificialIntelligence #Future
3/ Clayton Christensen nailed it: disruptive innovation happens when solutions become cheaper & more accessible. DeepSeek’s focus on efficiency proves this principle yet again. Watch for more models that break the mold in unexpected ways. 💡 #Disruption
4/ DeepSeek’s strength? Optimizing for STEM & coding—skills deeply rooted in China's culture of academic excellence. Not all models will aim for the same sweet spot, though, and that’s the beauty of it. Diversity breeds progress. 📚 #AIModels
5/ The takeaway: This is just the beginning. DeepSeek is a glimpse of what’s possible, but it’s far from the endgame. Expect a flood of innovation as different models target unique problems. We’re in for an exciting ride. 🌊 #AIRevolution #Tech
Flew back to Vegas between #KBW2024 and #TOKEN2049 invited by @UFCStrike for the most epic #UFC306 fight in the most epic venue, the Sphere!
Exciting experience and loving the plans ahead for the collection and upcoming ecosystem products! Holders are in for a treat!