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ThinkingUSD
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Really feels like we’re undergoing a paradigm shift where appetite for useless vapor is going to substantially, and fundamental driver tokens are holding quite well.
Rise of crypto L/
S
incoming.
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Think a lot of the confusion around HL’s success comes from the fact that most people don’t really trade. Some may not even know how to use a blockchain, so it’s outside their ability to understand. I see people who claim to be technical, and libertarian question why anybody would prefer a DEX to a CEX. Think this improves over time and onboarding and education gets easier. Explain something to me, when did crypto change to supporting fully centralized businesses above everything else?
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Think a lot of the confusing around Hyperliquid’s success comes from the fact that most people don’t really trade. Some may not even know how to use a blockchain, so it’s outside their ability to understand. Think this improves over time and onboarding gets easier.
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If you're bullish and already max long something the only way to get even longer is to build around it.
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Someone should post net position updates of Hyperliquid traders and a firehose of both liquidations and profitable trader positioning.
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Anybody arguing that they should use a CEX because it hides your positions must have forgotten that every single exchange except for @coinbase has an internal desk. That internal desk theoretically has far more incentive to “hunt you” than market wide participants. Open, decentralized access to data is the original crypto ethos. Permissionlessly transacting value is original crypto ethos. Some of you seem to have forgotten that. You’re tourists. Hyperliquid.
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