DA eco maxi. Building Africa with ❤️. Levelling the playing field in service of the under privileged. Orphans, education, finance. Not financial advice.
Sep 3, 2022 • 13 tweets • 3 min read
As the dust settled, the 🍅 juice dried, and all insults were levied, one important conclusion remained unspoken, forgotten, buried under heaps of drama.
But b/f we get to that, lets answer this:
What was 3AC’s real mistake?
Have they misjudged the market?
Have they misread the direction of growth?
Have they overestimated gripto’s potential?
No.
If you’r here, U believe in the outsized growth of this space. U believe it will outpace every other this century. Otherwise U wouldn’t b taking such risk
Aug 31, 2022 • 4 tweets • 1 min read
“You’r not early anymore. Everyone who would be doing gripto is already doing it”.
Oh yeah?
If that were the case, gripto’s token correlation wouldn’t be >80%.
1 can argue being @ the bottom of the S curve based on many metrics, quantitative&qualitative:
- 1T MC in a 500T global asset MC
- 300M users (a vastly exaggerated number, many users have multiple wallets, some have a wallet per transaction) in a 8B world
- few irl use cases
Jul 17, 2022 • 13 tweets • 2 min read
There r plenty posts on CT on “how to survive ze 🐻” and “which alts will outperform”
The underlying assumption is we can learn from the vast, deep history of crypto, and past is prologue.
May 8, 2022 • 36 tweets • 6 min read
SSOV V3 ELI5 🧵👇🏻
Most of the attention @dopex_io received to date was focused on the asymmetrical returns expected to accrue to the token holders.
May 1, 2022 • 18 tweets • 3 min read
The best performing asset class through the 20th century was stocks. Why?
Many reasons, but the 2 most important:
1. Society organised itself around equity and debt.
2. B/c of technology. Tech made it easier to access the stock market and gain leverage through it.
Apr 29, 2022 • 8 tweets • 2 min read
The no.1 most acute issue in gripto isn’t L1 wars, BTC-ETH debates, or the significance of JPEGs.
It’s wallets. Too few options, clanky, single points of failure, UX mediocre.
Moving things around shouldn’t be accompanied with stress, it should be seamless.
In the previous decade a niche part of the markets had a theory, very well thought out, that we will experience a deflationary shock followed by prolonged inflation.
In a way, that played out.
I now have the opposite framework:
4 many reasons, there is a significant probability the west will go through an inflationary period short to midterm, followed by a prolonged period of deflation LT.
That’s not necessarily $ deflation. Rather whatever you’ll use as money, will buy U more.
Mar 20, 2022 • 24 tweets • 4 min read
NFL lessons in Defi 🧵:
When u deploy capital, inherently u’r doing so anticipating a particular future. U assemble all the clues u can find and assess the probability of that future outcome*the reward if it comes to pass.
Hence, clue collecting is an important skill.
Mar 6, 2022 • 64 tweets • 9 min read
Dumping Capacity vs. Skin in the Game 🧵👇🏻
A lot has been written and discussed, including by leading voices in the space, about the gini coefficient, or wealth concentration of different protocols.
Typically, the topic is raised in the context of dumping. Everybody is out looking for the next potential Dumpooor.
Feb 20, 2022 • 21 tweets • 3 min read
U probably noticed some professional shillers have recently felt the need to take a vacation. Some b/c “this has started to take an emotional/health toll”, or “figured I already have enough”.
Others are “95% in stables since November anyway”.
This is good news for you, as it drastically reduces the level of noise and makes it easier to focus on signal.
Most ppl understand RE, stocks and bonds much better than they do options, even though options are the largest market of them all. That’s not incidental.
The use of options and futures dates back to the Roman times.
The Romans understood that having an efficient futures market adds value to economy by making commerce smoother and empowering ppl to make more efficient calculations on their risks.
Feb 4, 2022 • 16 tweets • 3 min read
4 those asking about L1s:
Investing in the base layer is a completely different game than the application layer. It’s a different offering, with different principles, and u gotta ask different Q’s.
Not gonna go into everything here but will give some basics.
Ask yourself these 2 questions before investing in anything on the base layer, and you’ll position yourself ahead of 99% of crypto speculators:
Jan 30, 2022 • 110 tweets • 15 min read
Atlantics 🧵👇🏻
Atlantics are a novel financial innovation, which in the context of defi have far reaching implications, not all of which could be gauged today, and hence deserve detailed, thorough attention.
Nov 27, 2021 • 68 tweets • 9 min read
The community component of network value, a bull and some frogs:🧵
Evaluating investment propositions entails many aspects. Ppl tend to spend more time on the quantifiable ones b/c they are easier to measure and track.
Nov 20, 2021 • 19 tweets • 3 min read
Options, TVL and their relationship:👇🏻
An unspoken secret in the space is TVL is a 2 edged sword. Many protocols attract TVL via offering high native token rewards. What typically happens is the TVL arrives, stays as long as the high rewards r distributed, then leaves while dumping the token, headed 4 the next stop.
