Thread by @redphonecrypto

I feel the deepest pangs for the ones who look at crypto charts, see parabolas & say we're in a bubble

they don't realize they're looking at charts that shouldn't exist

More👇

2/

such charts weren't possible before the birth of #bitcoin

such charts display the financial progression of an idea from conception

to implementation

to adoption

3/

sers, such charts cannot resemble the financial charts of the past

looking at such charts is to gaze into a black mirror where you could have bought and sold shares in Uber from the moment Uber was first conceived of as an Uberish idea

4/

If Uber shares were available from Uber's very genesis...

that chart would probably look a lot like what defi charts look like today

so the question a ser or lady must ask is

what if this is merely the beginning?

5/

what if we're simply repricing projects from seed round to series A?

what if one's visions of tulips and parabolas make one sell not days or months early but years?

6/

this I know...

crypto has changed the capital formation game...

& that means it has changed the charts in those fancy college 📗s

all who understand shall lap at honey

all who understand shall confiscate $$$ from ones who don't