Companies should make money. Token issuance should count as an expense.

H.E Justin Sun has a cool 1.5B USDT sitting idle. I think his size might be size.

Incredibly insightful blurb. All trading is gut trading. Math models are just a reflection of what the trader is feeling, and what it wants to do. The numbers are highly gameable and only serve to force you to absorb/log all available information possible. In the end, you

It's always tempting to go deep down the risk curve without skin-in-the-game.

The most expensive part of a bad employee is not their salary, but the toxic overhead it introduces. Unproductive messages/ calls/ projects that need to be answered, the rep hit of having that person attached to your brand. Hiring is v expensive, and should be a last resource.

People are paying $7,000 in gas fees using bots, and you think you’ll get in in the next cap raise? I know hope is the last thing to go, but come on. Get real.

Distribution is all that matters. Removing highly sophisticated shops and individuals, people will take or pay whatever rate is easiest to access, not what's best adjusted. People hold USDT for 0%, and bank deposits for 2%. As I see it crypto apps have 2 choices: -Optimize

Stablecoins are better than bank deposits because they allow pseudonymous holding. They operate as a digital version of offshore accounts, which add privacy and another layer of security from govt enforcement. Yeah, your USDC can be confiscated, but they need to find them

99% of people are in it for the money. But most of them are only able to extract if they align themselves with the kumbaya narrative. Pretty cringe to see so many people LARP as fans of decentralized internet protocols (while collecting fat paychecks/grants)

Bitcoineo 🎲 If I were to restart from zero, this is how I'd make it: • $0 to $10,000 → Find an irl job • $10,000 to $100,000 → Keep an irl job • $100,000 to $1,000,000 → Get good at an irl job • $1,000,000 to $10,000,000 → Stay good at an IRL job and start optimizing your

At what point will the market start applying a discount to Microstrategy's BTC holdings? I expect that after the DAT euphoria passes and additional leveraged vehicles pop up, we will see a healthy and reasonable discount to large holdings.

Crypto BDs are either good at IRL or at digital, being good at both is a rare occurrence (and incredibly valuable). Being fluent in internet language and memes usually requires you forfeit the essence of good social interactions. The amount of screen time required to be