Most technologies, if they even marginally improve human productivity, tend to be inevitable in capitalist societies. With the exception of payments and a big *maybe* for DePin, I don’t think crypto is secularly inevitable. Strong evangelism is required from early adopters.

Where are you now?

Lack of ability to follow through is the SINGLE most reliable indicator of failure I have seen in 7 years of investing. 🚩 = needing to ask twice on agreed tasks, twice Green flag = hearing “we already thought of it and/or did it last week” as an investor in catch up calls

Introducing the Arch Litepaper Arch is a game-changing parallel execution layer that enables smart contracts on Bitcoin without compromising its security or liquidity. 🧵 👇

There is a saying in crypto made popular by a friend of mine, “do you want to be right, or do you want to make money?” This has been a rallying cry of sorts for many in crypto. I get it. It speaks to profits over all else, especially over your egotistic desire to be “right”. But

People in crypto are so brainwashed by the transparent paradigm, they can't understand how people can organize anon online without realnames and KYC. The true internet native way is using pseudonyms and forming affinity groups online with trust networks. This was the internet of

Is your portfolio up or down since June?

Most of the exciting opportunities are in DePin this cycle

This is a chart I've been using to explain the concept of "time frames" to my team since 2022. VCs need only to play the black line (secular growth), liquid PMs play the red line (months+), traders play the blue line. Most of the time when reply guys talk over each other it's

There are a lot more but if segmenting info sources by time frames these are the folks that provoke the most thought for me personally. This is by and large how we segment people in our team as well, and we weigh decision making accordingly.

Jason Choi Every disagreement you’ve ever had is a function of differing time horizons!

If you're not keen on beating me up at the TANGENT BJJ event, you can also go to Spacecoin Project's event to eat fruits lu.ma/wtbl7csc

Intriguing concept (using crypto to incentivize real life behavior) but I would like to understand how investors on the cap table got past these hurdles. 1. 11 studies showing “vaping helped smokers” quit were funded by Juul, a vaping company, and it was reported that less than

Friendship with big tobacco corruption ended Big vape corruption is new best friend

The really weird part about VC is that the feedback cycles are so long that people can build up reputation as being a popular or even good VC without actually having made any investments that return capital for the fund

Discuss 👇

“Praise specifically, criticize generally” is poor advice and leads to tolerating mediocrity. Mistakes are the best opportunities for learning, but it requires being as personal and specific as possible. When doing post-mortems, ban the use of the royal “we”

This is what Web 3 social apps are up against If Web 2 is offering 80% of top line to creators + customer support of a centralized company, pitching an additional 10-20% to creators while adding unneeded user friction is unlikely to win. The wedge imho is in enabling unique

One Web 3 deck explaining unit economics then it’s up only

The general sentiment I get from crypto full-time participants now is not fear, which is usually opportunity, but apathy and disappointment, which are more toxic.