something happened what does this mean for my chudjak bags | 0xMert_ på Binance Square

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something happened
what does this mean for my chudjak bags

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lol best of luck shutting down oil exports noobs — I still have my digital oil✌️

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good to see crypto acting as a safe haven against geopolitical tyranny here — exactly how we designed it

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no one in the world understands complex geopolitics like the mfers w derpcoin69420 in their wallets

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here's how I think about crypto investments first, "crypto" is too broad of a term and masks too much underlying information and information is the fundamental input of decision so break them up in some way this is roughly how I do it: - apps - chains - protocols - memes now, there's another distinction to be made namely: infrastructure vs. platform basically, infrastructure is fungible but a platform is not a platform has stickiness due to some sort of network effect (either via liquidity, state, developers, socials, mimetics, or whatever) on average, infrastructure is a riskier investment because it exerts no control, it can be switched out — but, infrastructure sometimes can become a platform and this would be an asymmetric outcome (Solana started out as infrastructure and then became a platform for example — almost all new L1s and new L2s are infrastructure at first, not platforms) each of the above categories can either be infrastructure or platform; you would assess this on your own for example: coin/btc/eth/sol are platforms — they have something non-forkable in terms of either tech, liquidity, distribution, social cohesion; basically *state* but shitcoin5670 is "infrastructure" in the sense that it can be swapped out for shitcoin5671 on average — same with *any new chain* or *any new protocol* infrastructure is only useful to the extent that it can result in un-forkable state and become a platform the only exception is if the market is so large that being infrastructure is still highly profitable (e.g., a bank stock in tradfi) from there, you decide how much to allocate to platforms vs. infrastructure and in which categories depending on your risk profile

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Crypto is well on its way to rewriting the future, but we have much more work to do and need your help At Helius, we are building the API for internet markets and power the biggest teams in the industry Im hiring: - BD Lead - Eng Manager - Staff backend engineers DM to apply

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