RyanSAdams
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Just recorded my first @LimitlessFT podcast as a guest host, doing more soon:
Upcoming:
- Intelligence Curse w/ @luke_drago_ & @LRudL_
- AI Wars: US v China w/ @jeremiecharris & @harris_edouard
- AI is Normal Tech w/ @random_walker
Felt like i was cheating on crypto but idc
Upcoming:
- Intelligence Curse w/ @luke_drago_ & @LRudL_
- AI Wars: US v China w/ @jeremiecharris & @harris_edouard
- AI is Normal Tech w/ @random_walker
Felt like i was cheating on crypto but idc
The U.S. will Onboard the World to Crypto
People have no idea how fast the U.S. is pivoting pro crypto and it's not just Trump it's structural.
Why?
In a word - stablecoins.
Bessent isn't just bullish stablecoins they're literally his lifeline.
Where else do you find trillions in new treasury demand? Congress can drag their heels for a while but stablecoins are structurally inevitable.
Because countries aren't buying what the Fed is printing anymore - crypto users are.
Standard Chartered Banks projects stablecoins to exceed $2 trillion by 2028 - that's another 10x increase over the next 3 years.
At the point crypto users will hold more treasuries than Japan or China.
The U.S. will onboard the world to crypto.
People have no idea how fast the U.S. is pivoting pro crypto and it's not just Trump it's structural.
Why?
In a word - stablecoins.
Bessent isn't just bullish stablecoins they're literally his lifeline.
Where else do you find trillions in new treasury demand? Congress can drag their heels for a while but stablecoins are structurally inevitable.
Because countries aren't buying what the Fed is printing anymore - crypto users are.
Standard Chartered Banks projects stablecoins to exceed $2 trillion by 2028 - that's another 10x increase over the next 3 years.
At the point crypto users will hold more treasuries than Japan or China.
The U.S. will onboard the world to crypto.
Why did ETH pump 44% in three days?
Because it was time
Ethereum = world ledger
ETH = world reserve asset
Because it was time
Ethereum = world ledger
ETH = world reserve asset
ETH could teleport to $5K just on the catch-up trade.
Faded too hard for too long.
Programmable digital gold with yield. Nothing else like it.
Faded too hard for too long.
Programmable digital gold with yield. Nothing else like it.
what if the new pope is pro crypto
why is crypto up
Valuing an L1 asset on a DCF model is and always will be dumb.
L1's are commodity money.
Nothing more and nothing less.
They're called cryptocurrencies.
L1's are commodity money.
Nothing more and nothing less.
They're called cryptocurrencies.
Purple line is stripe growth
Pink line is bridge growth - that's the stablecoin company @stripe acquired
Stablecoins growing orders of magnitude faster than stripe did during its early years
@collision and @patrickc were crypto skeptical but they're now all in on stablecoins
Pink line is bridge growth - that's the stablecoin company @stripe acquired
Stablecoins growing orders of magnitude faster than stripe did during its early years
@collision and @patrickc were crypto skeptical but they're now all in on stablecoins
While we're upgrading here's another cultural upgrade
I think the ethereum community (including myself at times) went too far in castigating @LidoFinance a couple years ago and we should acknowledge we did that
Lido built a fantastic staking protocol, is adding value to ETH, is becoming more decentralized, and from all i hear @Lomashuk is a huge ETH bull
One thing i've seen in Ethereum at times is an auto-immune attack our defi builders / investors / holders / degen users - like there's some anti-capital, anti-wealth, anti-money streak in ethereum ivory tower that we should fully expunge
ETH to $100k is good - we should actually say it
Builders are good. DeFi is good.
Let's win again.
I think the ethereum community (including myself at times) went too far in castigating @LidoFinance a couple years ago and we should acknowledge we did that
Lido built a fantastic staking protocol, is adding value to ETH, is becoming more decentralized, and from all i hear @Lomashuk is a huge ETH bull
One thing i've seen in Ethereum at times is an auto-immune attack our defi builders / investors / holders / degen users - like there's some anti-capital, anti-wealth, anti-money streak in ethereum ivory tower that we should fully expunge
ETH to $100k is good - we should actually say it
Builders are good. DeFi is good.
Let's win again.
While we're upgrading here's another cultural upgrade
I think the ethereum community (including myself at times) went too far in castigating @LidoFinance a couple years ago and we acknowledge we did that
Lido built a fantastic staking protocol, is adding value to ETH, is becoming more decentralized, and from all i hear @Lomashuk is a huge ETH bull
One thing i've seen in Ethereum at times is an auto-immune attack our defi builders / investors / holders / degen users - like there's some anti-capital, anti-wealth, anti-money streak in ethereum ivory tower that we should fully expunge
ETH to $100k is good - we should actually say it
Builders are good. DeFi is good.
Let's win again.
I think the ethereum community (including myself at times) went too far in castigating @LidoFinance a couple years ago and we acknowledge we did that
Lido built a fantastic staking protocol, is adding value to ETH, is becoming more decentralized, and from all i hear @Lomashuk is a huge ETH bull
One thing i've seen in Ethereum at times is an auto-immune attack our defi builders / investors / holders / degen users - like there's some anti-capital, anti-wealth, anti-money streak in ethereum ivory tower that we should fully expunge
ETH to $100k is good - we should actually say it
Builders are good. DeFi is good.
Let's win again.
Should AI's be legally allowed to own wealth?
I appreciate @random_walker's distinction between AI capability and AI power.
Power = ability to modify the environment
Capability = capacity to solve specified tasks
Power is the external levers we give AI— API keys, bank accounts, legal personhood, autonomy to act.
The thing is, as long as crypto exists AIs will never have to ask for human permission to own wealth. Crypto can be their property rights system.
So practically, does making AI wealth illegal mean making crypto illegal? Every economic transaction requiring identity and proof of humanity from a nation state sanctioned commerce system?
There are many attractor basins for authoritarian dystopia as we seek to reign in the power of AI systems. Sometimes the remedy is worse than the disease.
I appreciate @random_walker's distinction between AI capability and AI power.
Power = ability to modify the environment
Capability = capacity to solve specified tasks
Power is the external levers we give AI— API keys, bank accounts, legal personhood, autonomy to act.
The thing is, as long as crypto exists AIs will never have to ask for human permission to own wealth. Crypto can be their property rights system.
So practically, does making AI wealth illegal mean making crypto illegal? Every economic transaction requiring identity and proof of humanity from a nation state sanctioned commerce system?
There are many attractor basins for authoritarian dystopia as we seek to reign in the power of AI systems. Sometimes the remedy is worse than the disease.
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