(1\22) One of my more important posts. In my 44 page research paper & investment thesis I discuss DAO’s or (Decentralized Autonomous Organizations): 32prosperity.medium.com/is-elrond-netw… $EGLD $DOT $ALGO $ADA $AVAX $SAITO $LUNA $SOL $MATIC $ATOM $ALGO Explained in detail below & visually👇
(2\22) openly discussed how I believe crypto & blockchain organizational model’s (DAO’s) can change wealth opportunity & distribution. $EGLD $CEL (Visualized) Explained below: All our structures & systems R modeled in Hierarchal Caste Pyramid Enslavement model.This is just one of
(3\22) the reasons wealth inequality accelerates. The biggest contributor is actually the #CantillonEffect which accelerates the most during times of crisis. Why do you think the 2 largest wealth transfers in the history of the world occurred during the 2008 Financial Crisis
(4\22) when money printing was accelerated & the largest transfer ever during Covid 2020, with the largest level of money printing we have ever seen . This effect is accelerated via from inefficiencies and
(5\22) wasteful resources of the governmental budget. bit.ly/3lGVB6N No aligned incentives, meaning they aren’t required to deliver on anything as it is referred to economical efficiency. Nothing is free so the people R the one’s losing value as this is their money. The
(6\22) system also has tremendous capacity to improve both from a productivity standpoint & as well as economic to 10X-100X the economy simply for allowing 74% of the population to fully participate in financial services. The statistic per the World Bank is that 74% of people
(7\22) don’t have access to basic financial services around the world & 50% in the USA. Timestamped* This means that if we can allow these people to participate in the economy & exchange value, we can unlock tremendous value for the world.
(8\22) With a ground up movement & ground up value capture (democratized investing) which I describe in my 44 Page research paper has having the following investment like qualities: Investing in the right Decentralized Autonomous Organizations allows for essentially private
(9\22) equity type returns (the life changing wealth always happens in Private Equity, due to the highest growth & value capture happens during the earliest phase of the business cycle), the yield of distressed bonds but most importantly paid on the ever growing balance which
(10\22) is in stark contrast to equity yields which have an inverse relationship to price, with the liquidity of a money market account, 24/7/365 transparency, tax advantages of a Roth with the ability to borrow against it in order to not create a capital gains taxable event
(11\22) and all instantly 24/7/365. As crypto continues to become more and more legitimized the probability of it becoming the most sought after investment class, is an understatement. Yet most investors refuse to look deeper. The other element that can’t be ignored is the
(12\22) incites structures can be completely aligned. This gives the qualities of SDT 1. Autonomy (Free Lancer, this changes motivation to excel in ways that being told what to do hinders) 2. Competence (Motivation to learn & become proficient is much higher when one feels the
(13\22) ability to grow) 3. Relatedness (The shared social utility experience of both increasing the value of the DAO organization in a shared way but also to succeed or fail together). The incentive structures of Intrinsic Value is very high due to the highest level of
(14\22) productivity comes from generosity, especially with an altruistic underpinning $CEL & $EGLD will be considered Household Charitable Organizations as they mature in size & structure similar to what is described here *Timestamped: We
(15\22) have the capacity to influence governmental structure to be more accountable. Since it’s the people’s money why shouldn’t we see with perfect transparency what the exact details of the government spending looks like. This in turn should create accountability & alter
(16\22) one’s behavior. We know this in both diet and finances that if someone start to track things they eat healthier & improve their finances. Simply by bringing awareness to it. In Taleb’s book “Skin In the Game” he discusses how there is current asymmetry of Government
(17\22) Accountability. They audit & track what you pay & determine it as well. If the system was symmetrical & not asymmetrical than we would be able to Audit the government 24/7/365 & they would get increased pay if they found inefficiency within the spending & budget
(18\22) allocation. Their earnings would be tied in Smart Contracts associated with each individual legislation they passed & could allow clawbacks (portion) if poor outcomes occur, continually. All of this would create accountability & symmetry. The Govt. was elected for the
(19\22) people to represent the people’s best interest, not big corporate/big business who lobby for their campaigns & they pass legislation to protect them & write loop holes in the tax code for them. The reasoning behind accredited investors laws are pointless. You let an 18
(20\22) year old take out $100K-$500K debt but won’t allow them to invest in private equity with the possibility of life changing wealth verywellmind.com/student-loans-… Context of crypto where these organizations at least the good one’s are completely transparent & give daily, weekly
(21\22) updates & there is liquidity to be able to buy & sell. They are fine with retail businesses exploiting people but want to protect them from “investing” the irony. Nothing exists in a Vacuum. Crypto gives the opportunity for a different way for humans to Organize &
(22\22) distribute value amongst each other. People FEAR what they don't understand as it could be life threatening. Crypto is a paradigm model shift that could transform the world's economic value, paving the way to abundance. Not a Zero-Sum Game as @beniaminmincu Humanity=Math
**One thing to add is that it could change corruption behavior. Remember the model of the Pyramid is to take (extract profits, show higher amounts, greed) promotes wealth inequality vs. Circular (give value to network, generosity) promotes wealth equality. Ponders 🤔💭

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More from @WesleyBKress

7 Aug
(1\63)In the early stages of any Disruptive Technology, narratives or stories dominate the space. Y? Disruption comes from visionaries & the best narratives originate here. Investors who scrutinize, research deeply & don’t get swept into dreamland, succeed.Let’s talk $DOT & $EGLD Image
(2\63) Prior to discussing further I would like point out an incredible comparison done earlier in the year by my identical twin brother @MichaelGKress who is a software engineer & has been in crypto
(3\63) since 2013. I believe in a multi chain universe & do not see $DOT & $EGLD competing directly particularly because $DOT is more focused on customization, which may be a closer competitor to $AVAX As I have researched deeply into the crypto universe spending over 1,000+
Read 63 tweets
5 Aug
1/ My favorite #Crypto video outside of the Elrond’s @ElrondNetwork $EGLD ⚡️ Marketing video’s that I will list below & Celsius @CelsiusNetwork $CEL © Power to the people video (Below) is this one by @RektHQ 🔥Do you agree?

$CEL ©
$EGLD ⚡️ #1
Read 5 tweets
5 Aug
(1\21)Media or those w/ limited understanding of how value of networks operate at times make headlines “GOVT or XYZ company can build their own blockchain making everything worthless" This is a logical fallacy $EGLD $DOT $ALGO $ADA $AVAX $SAITO $LUNA $SOL $MATIC $ETH Explained👇
(2\21) This debate is not a new debate when a network with “disruptive technology” has occurred in the past. It’s important to understand that what makes a network valuable is the participants on that network, not only the technology. In fact if you have the best
(3\21) technology but no participants it means you really don’t have much. #Adoption is key. The telephone was not very valuable initially as adoption didn’t happen overnight. Another way to put it is the size of the network (number of participants was limited). Ways in which
Read 22 tweets
4 Aug
(1\20) Blockchain & Crypto was to give equitable opportunity to the people. Democratizing Money & Finance. Not to cater to Venture Capitalists or Wealthy. Many talk about this but they are narratives or stories not execution. Time to talk about funding $EGLD $SOL $DOT $ADA $ALGO
(2\20) Elrond Network led by @beniaminmincu @LucianMincu @luciantodea had been in the crypto space since 2013. They invested & worked on many crypto projects which included $DOT $ZIL $XTZ $BAT among many others. They realized none of these crypto projects were the future as
(3\20) they were not solving the bigger problems that would allow for mass adoption. Elrond saw the vision for humanity & how no one was really solving the larger problems. There was much theorizing & lots of money raising but very little substance. What did Elrond do?
Read 21 tweets
1 Aug
1/Before I ever settled on @ElrondNetwork $EGLD I studied the entire space of smart contract Blockchains. Read all white papers multiple times. Trying to understand the trade offs. This was long after I read 100’s of hours on the #ETHOS of Blockchains, the trilemma, & DAO’s $SOL
2/ Organizational structure, leveraging my extensive background in self studied human psychology & behavioral economics along with my more traditional academic background & teaching banking. I knew that because it was a paradigm shift & until I could understand most
3/ projects & technologies, strategies both successful & unsuccessful more importantly recognizing that today’s success was not representative of long term success or survival due to the technological cycle #CrossingTheChasm ie #BinanceSmartChain $BSC Who was building for the now
Read 21 tweets
29 Jul
(1\31) Why @ElrondNetwork is positioned to be the backbone for #DeFi 2.0 & will lift all tides? 🌊 Many have claimed they would do this, problems or limitations with all proposed or current implemented solutions. Let me explain further.. $EGLD $CEL $ETH $MATIC $AVAX $BSC $SOL
(2\31) It has always been evident the limitations of $ETH in its original form. It can’t scale, so when volume (i.e. traffic) substantially increases it becomes unusable for small users due to high fee’s promoting inequitable
(3\31) opportunity, which is against the #ETHOS of #DeFi & #BlockChain limiting Inclusiveness. $ETH also screeched to a halt due to technological limitations, making it unusable at times (i.e. Crypto Kitties). Both of these center around scalability. Introduce a commit
Read 32 tweets

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