imo, *eth, over this decade

not just bonds, but all the "yield" plays

eth with staking is the perfect crypto to be financialized by tardfi and fed to non-natives looking for "risk-free yield" to blackholes in insane amounts of capital that only allows a fraction to ever escape
BTC good pet rock
lots of stupid ppl in the world
no shortage of future demand
number, SURELY, will go up
ETH tho, maybe go up more
just imagine the smell from all the modified FX products that tardfis can then sell to each other and normies that want to hedge their ETH exposure and/or expected yields

the opportunities to rent seek along the entire value chain is huge
want to yield farm on defi? okay, 15% fees of net profit after we help you to deposit it into YFI vaults

want to hold crypto? okay 1% a year so you dont need to manage private keys

want to hold NFTs? sure 5% tax a year based on current floor value to offset your global warming Image

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More from @DegenSpartan

13 Jan
i have 0 smart appliances because i refuse to be the dumbest thing in my own house 😤
but also, i seriously dont have a desire to control my lights or toast over wifi
"haha look when i say hey google its sexy time, it closes the curtains dims the ceilings light and strobes the light strips in sync with sexy music HOW COOL IS THAT"

yes, very cool, mr virgin
Read 4 tweets
11 Jan
give free tokens to make FUD stop Image
do you know who i am? you're telling the degenerate of twitter, founder of hentai analysis and stablecoin worship to actually buy my own tokens? just wanted to have some free money. Image
Read 4 tweets
11 Jan
i have a thesis that over time, the "Multiple RFV" aka Mkt Cap / RFV, compresses over time and tends toward 1.00

impairments:
- no dissolution option
- RFV assets are illiquid

premiums:
- speculative value / branding
- returns on RFV assets
- external revenue
secondary market players are essentially betting on the Multiple RFV to expand to profit, and hoping that it does not contract, since they will then lose

this is actually a multi layered game since earlier investors managed to invest at a lower multiple

imo its really not that much different from any other market or breed of projects - its just that the game and its specific rules seem rather complex, so it appears to many as a different non-threatening creature with wagmi vibes Image
Read 4 tweets
27 Dec 21
build an orbiting citadel so the poors cant slit our throats when we sleep
joke

but what if

nort rily
slept on it

imo
inequality will always exist
the gap will increase cos of technology
unlike previous eras, the breaking point to revolution is also much higher cos of technology

more important is increasing the baseline quality of life,
than comparing about how huge the gap is
Read 5 tweets
5 Dec 21
my thonks

pros:
- does what its supposed to do
- clear leader in its segment
- segment will grow

cons:
- the circ supply / FDV (unlock soon)
- actually makes money so no hopium premium
- valueless governance token (until proven otherwise)
i actually like the business model of LDO but im too stupid to know if the unlock is a bullish unlock or a bearish unlock
idk if im understanding things right (im retarded), but it looks to me like circ supply is gonna go from like ~6% to 63% over the next year (everything except the DAO treasury)
Read 4 tweets
4 Dec 21
i thought leveraged perps on an L2 was gonna be a gamechanger? 🤔
these days, im feeling like the only way out for most defi tokens is to scam american tardfi funds that want to pretend to be crypto savvy to buy our defi bags by using tardfi fundamental analysis or something made up but legit sounding, like stock 2 flow
yes, we need to SCAM them
Read 4 tweets

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