Miko Profile picture
May 17, 2021 13 tweets 5 min read Read on X
1 Mars Money is "F--k You" Money.
2 Was speaking to a friend who formerly worked on the International Space Station ISS. Well not literally "on" the station. But he worked on that project while on earth.
3 His insight was that SpaceX was at the time largely being funded by "F--k You" money aka very very wealthy individuals
4 So like a guy who might tell his buddies "I was taking some steam at the club with Elon and I says to him, Elon let's f--king go to Mars"
5 A very wise manager once told me: if smart people seem to be acting stupid, it's because they aren't telling you what's really going on. With Elon we are talking LITERAL rocket science, ok?
6 At inverse.com/innovation/spa…
“The thing that concerns me the most right now is that unless we improve of rate of innovation dramatically, then there is no chance of a city on the face of the Moon or Mars,” Musk said. "This is my biggest concern."
7 Elon played a lot of Civ in college. I think he's still playing IRL --for the Space Victory.
8 Honestly I don't think Elon gives a F about bitcoin let alone Dogecoin. This is about becoming a multiplanetary species.
9 I think the deal is if Elon uses his power on "Poop and Scoop" to create a lower entry point to buy Bitcoin, his ultra rich buddies will give him Mars Money.
10 Elon doesn't say stupid things about Bitcoin because he's stupid. He says them because the playbook for owning Twitter is to alternate between being a monster and a rocketship.
11 And now he's living rent free inside all your heads. And he's feeling a lot of urgency to get us our Mars City.
12 If you think this is true, you would BTFD. Not investment advice.

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More from @mikojava

Mar 29, 2022
1 @AxieInfinity @Ronin_Network $620M hack a thread 🧵 👇
@AxieInfinity @Ronin_Network 2 Sadly, this is a very large amount of ETH. So doing a reversal on Ronin and creating "Ronin Classic" as was done during the DAO hack is not an option.
3 This was about bridging validators, so the attack was in that respect similar to the Wormhole hack. Again, Vitalik warned us. All chains experience all other chains as off-chain.
Read 18 tweets
Feb 24, 2022
1 If you are launching a token take note: Silicon Valley standard for vesting is 1 year cliff 4 year vesting. A thread 🧵 aka rant.
2 According to superfoundersbook.com it takes some years to build a unicorn or larger company/project. Chart below.
3 When I see your short vesting, I need to understand then why you think you will be faster than the average. But more importantly, why take on the retention risk?
Read 9 tweets
Feb 23, 2022
1 here's my episode on ConstitutionDAO. Which comes with a bit of a musing on the longevity of DAOs 👎 thread below 🧵
2 ConstitutionDAO was a hardened coordination point for one purpose only--to buy the US Constitution. And after that it kind of naturally dissipated
3 the "mindset" of the modern corporation has always been "live forever, grow forever"
Read 9 tweets
Nov 12, 2021
1 Play-to-Earn economy design, a primer
2 Lots of people ask me about economy design for their P2E games. I have seen hundreds of designs
3 One very very common mistake--they outsource the economy design to a fancy consultant.
Read 32 tweets
Jun 23, 2021
this is the future of blockchain gaming.
Investing in individual game titles or studios is very very very difficult. Investing in governance over the player base means you don't have to pick the one hit game to have a winning investment.
This exact theory is why @GumiCryptos led an early round into @opensea because we feel they will be a horizontal winner with a huge addressable market
Read 17 tweets
May 23, 2021
1 Ok we are in this part of the cycle again: Bitcoin's problems run deeper than its volatility pitchbook.com/news/articles/…
2 The article opens by saying HODL stands for "Hold On For Dear Life" so immediately screaming "I don't know what the hell I'm talking about and haven't studied it very much but I'm happy to pile on"
3 The headline says that volatility is a "problem" Bitcoin gets attention by alternating between being a rocketship and a monster. The volatility is a feature not a "problem"
Read 6 tweets

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