Reading my essays keeps you ahead of Blackrock.

Essay - himgajria.com/themassdevalua…

People are bullish when prices are high and bearish when prices are low, on the same assets they supposedly hold conviction in.

Paradigms change, human nature stays the same.

Inflation is the authority killer.

Eg 1: In 1 year, while inflation in Sri Lanka went up 50%, the citizens overthrew their government + the president fled the country.

Eg 2: In 1 year, while Inflation was up from 2% to 9%, Biden approval rating went down from 55% to 35%.

The most financially optimal way to live and compound your capital the fastest:

Buy assets, rent expenses.

I.e. Buy anything that can appreciate, rent anything that is certain to depreciate.

This only applies to expenses where the rent < its purchase price.

In narrative driven markets, the best beta plays are competitors. Eg. Ethereum beta is Solana.

In fundamentally driven markets, the best beta plays are ancillaries. Eg. Apple beta is ASML (semiconductors).

The purpose of a beta play is to outperform on a common thesis.

Crypto investors that just landed in Dubai immediately received a much needed lesson in black swan events.

It’s raining in the desert.

Anyone in Dubai want to smoke cigars and drive around in the rain in a 4x4, let me know.

In commerce, you vote with money.
In relationships, you vote with time.
In health, you vote with habits.
In knowledge, you vote with attention.

You’re in a perpetual cognitive political struggle between your desires.

Life is nothing but self-governance.

20x in lesser than 30mins.

Ansem starts a live stream.
Buys “Pups” token on stream.
Talks about buying Pups.
Pups goes from $6 to $145.

This is what playing the markets on easy mode looks like.

Neuralink (now): read only
Neuralink (inevitably): read-write
Neuralink (security flaw): read-write-own you

Memecoins are similar to NFTs.

- Culture-driven
- Community/driven
- No utility
- Based on stories/narratives only

I personally know a few successful NFT traders from the last cycle who’ve made 7-8 figures on memecoins this cycle - as they operate on the same mental models.

Recent criticism on Bittensor - protocol doesn’t work.

Reality on Bittensor - actual products currently live on the protocol.

Subnet 3 - MyShell
Subnet 4 - Manifold (sybil.com)
Subnet 6 - Nous Research
Subnet 8 - τaoshi (τ,τ)
Subnet 18 + 19 - Corcel.io…

Crypto doesn’t lack a moral compass.

This is a counter to Polynya’s piece.

Fundamentally, the space has matured the most this cycle than any other in the past.

1. Bitcoin: institutional liquidity (eg. ETFs) + SoV validation.
2. Ethereum: turning financial primitives into…

Just yesterday, in Dubai, I witnessed the sale of multiple number plates for $1M+ each.

This adds to my conviction that - ENS will be the most valuable NFT collection.
- Standard in crypto domains.
- Integration into Google search.
- Integration into GoDaddy (link DNS to ENS)…

A friend I introduced to crypto back in 2017 just hit 8 figures ($10M) with his portfolio this month.

Stablecoins are nothing but lending protocols.

You just don’t know it.

1. You give your USD
2. They issue a promissory token (eg. USDC)
3. They lend your USD (eg. deploy in USTs)
4. They keep the yield.

You take the risk.
They get the reward.

Why crypto + AI?

AI = Models
Crypto = Incentives

Models + incentives = rapid building and competition.

Humans (developers, machines, models) are like monkeys - give them bananas (incentives) and they’ll come.

Eg. Bittensor, Numerai, etc.