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$USDC new mint right after @alkimiya_io new market launch? 🤔🤣
$USDC new mint right after @alkimiya_io new market launch? 🤔🤣
Stablecoins are the new memecoins
Stablecoins are the new memecoins
Opened a massive short against Base revenue on @alkimiya_io , convinced this week would be a snooze, aaaand of course this happens Ironically, my biggest trading loss so far came courtesy of the very markets I created 🤣
Opened a massive short against Base revenue on @alkimiya_io , convinced this week would be a snooze, aaaand of course this happens

Ironically, my biggest trading loss so far came courtesy of the very markets I created 🤣
Cloud mining was the first ever RWA
Cloud mining was the first ever RWA
Guess which memecoin this is
Guess which memecoin this is
Cool things are quietly happening on Bitcoin again and you are not paying attention
Cool things are quietly happening on Bitcoin again and you are not paying attention
CT pundits calling for "tariff on L2s" have never used anything onchain and it shows.
CT pundits calling for "tariff on L2s" have never used anything onchain and it shows.
The future historians will document the evolution of crypto users as: Cypherpunks-> the OGs-> the degens-> the Blackrocks-> Cypherpunks
The future historians will document the evolution of crypto users as:

Cypherpunks-> the OGs-> the degens-> the Blackrocks-> Cypherpunks
Cypherpunks-> the OGs-> the degens-> the Blackrocks-> cypherpunk
Cypherpunks-> the OGs-> the degens-> the Blackrocks-> cypherpunk
There’s a lot of chatter around RWAs right now. I get it, this is the perfect environment for the narrative to attract funding. It comes with a semi-plausible "institutions are coming" angle, and the necessary infra to support it at scale is more or less in place. But the "fundamentals" people expect these RWAs, (aside from treasury bonds), to bring to crypto depend on their real-world ability to generate revenue. Assets that struggle to find buyers in TradFi are not going to unlock new value just by being put onchain. The idea that RWAs will achieve greater liquidity onchain is mostly an illusion. Junk in the real world is still junk onchain.
There’s a lot of chatter around RWAs right now. I get it, this is the perfect environment for the narrative to attract funding. It comes with a semi-plausible "institutions are coming" angle, and the necessary infra to support it at scale is more or less in place.

But the "fundamentals" people expect these RWAs, (aside from treasury bonds), to bring to crypto depend on their real-world ability to generate revenue. Assets that struggle to find buyers in TradFi are not going to unlock new value just by being put onchain. The idea that RWAs will achieve greater liquidity onchain is mostly an illusion.

Junk in the real world is still junk onchain.
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