qw-1

beautiful btc pa as japanese bonds r imploding, us treasury auction had no demand, and house passes a tax bill that will increase debt by trillions.

we r really going to 500k-1m arent we.

now may be the best time to build in crypto for the v simple reason that there's a lack of serious competition. i have maybe a dozen of good product but struggle to find the right teams to build them. meanwhile in ai for every half-decent idea there's >20 legit startups working on it, not to mention the big ai labs. meanwhile the regulatory env is as friendly to crypto as ever. great time to be a contrarian.

there’s no objectively correct way to value an asset, because ultimately it’s a matter of market consensus. so the more interesting question to ask urself is which valuation method will win the consensus. imo for almost every crypto asset outside btc and pure memes the it’ll be some sort of rev/dcf.

whichever chain wins the “tokenized equities” meta in the coming quarters is going to win the next phase of the blockchain war imo.