If you are mid to long term bullish, but derisking short term You are expressing the opinion that you will beat the market twice in the short term First time that you will derisk high enough and second time you will be able to buy back in low enough That's two additional short term trades you need to nail on top of your long term view

Revenue tokens are basically royalty tokens Royalty is a very simple concept, paying a fixed % out of the revenue top line Royalties already work in the IP world and many similar industries As opposed to a dividend from net profit, after all the costs are paid and (often creative) accounting is done, the royalties are much simpler to reason about from an investment perspective Imagine instead of buying Apple stock where you gotta reason about their entire balance sheet, you could buy a iphone 18 royalty claim, giving you the % royalty from lifetime iphone 18 sales Now bring it on-chain where all the revenue streams would live and thus enable programmable royalty I do believe this would be very popular concept for retail to invest in, given how simple it is to understand

I think Justin Drake's latest alarmism/vagueposting is going to do a ton of damage in multiple ways. It's basically a huge self-own for their own advocacy work on quantum stuff. Threats from quantum/AI are real, and teams throughout this industry are making considered decisions about how to respond to those risks in a practical way, and to help their users navigate the uncertainty. Some of those teams have really good cryptographers with an excellent grasp on the decisions they can make, others have to take their cues from trusted experts. There are so many dimensions to optimize along! And due to the complexity involved, it's almost impossible to explain this stuff to non-cryptographers. Experts have to be cognizant of all this, and of their responsibility to be levelheaded. After the fog clears up and people learn from their cryptographer friends what is actually going on, they're going to discover this was (at best) an unintentional marketing stunt and a lot of trust will be lost. And nobody will really know what to do... This is a shame, because they are directionally correct. It actually meant something when they sounded the alarm before. They've just gradually descended into unhinged predictions without feedback to discourage it. Can anyone, I mean seriously anyone, justify this debacle? It permanently colors all the legitimate concerns/predictions about classical crypto going forward. By their own admission, there was no new information that drove this. I think Justin Drake should explain how he thought this was the right approach, even if he genuinely believed what he was saying. Baffling.

Conf vibecheck. From all the big positions we hold, basically nothing is super contrarian anymore, not even LIT The only one that still produces mostly sour faces when mentioned is $ZRO May have to rotate into it more