riddle245
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Waiting for when the chain is out of safe mode if my subnets keep trending down
Going to be a juicy Hype buyback with all those fees today
I imagine with a 1B position at that much leverage the funding for HL must be going crazy right now
The wonders of an ATH is knowing every single person who has purchased even $1 of Bitcoin is now in profit
There is a certain beauty just watching people just market bid IBIT on every market open
People asking for alt season like we didn’t have bridges and undifferentiated L1s launching at 20B FDV so even if they fall 90% investors still got a 2B FDV to sell
With the vote last night in Genius bill, interesting that the biggest donors behind the massive crypto Super PAC is Coinbase, a16z and Ripple. The first and third I could have guessed. Surprised to see Circle not up there or Barry.
It is quite something that in the past year and a half, Bitcoin has had 40 billion in net inflows from ETFs and about 25B from Saylor.
So people came up with REV since user accounts and TVL can be botted and it’s how much a protocol makes now?
Yes.
But not future REV as txn fees come down and MEV improves so what really matters is volume for REV?
Yes.
And how do you gauge volume?
TVL and user accounts
Yes.
But not future REV as txn fees come down and MEV improves so what really matters is volume for REV?
Yes.
And how do you gauge volume?
TVL and user accounts
Everyone always makes memes about how much Saylor owns when the more interesting question is besides the USG how much sovereign ownership of BTC exists. Wonder how much China, NK or Russia has stockpiled esp with the role of sanctions.
Reflecting back, I think one of the hard parts for me this cycle was initially started off with narratives like AI like Tao, restaking (Pendle), DeFi in Solana but then memes dominated which have no tangible value so as a result could rocket or bleed. Technicals, mindshare and KOLs mattered a lot more. As a result people either played that game or stuck to majors
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