People pay too little attention to something I would call “Asset Weight” (heaviness or lightness of an asset).
The idea behind Asset Weight is essentially: “How much money does it take to move things in one direction or another? How heavy or light is the asset relative to flows.”
When you understand Asset Weight, especially in relation to a few other factors, you understand the chess board much better. You understand risk better. You understand your own ability to participate in and shape things better. You understand asymmetry better.
Asset Weight on its own doesn’t mean much. You need to marry it with Asset Level Belief (holders + duration), Memetics (spread of belief), and Flows (an offset to weight).
These are the essentially the core ingredients of the game theory of markets.
This is not subjective. They can all be quantified and experienced.
SPX6900
If only there were a perfected vehicle that expresses this frustration, is dead serious about its commitment, has financialized itself, and is not going away.
SPX6900
Cryptocurrencies, like all currencies, are fundamentally about Belief in a Societally Relevant Idea or set of ideas.
They can Never Happen Top Down.
They Must Always Happen Organically, Bottom Up.
Pay attention to the exceptionally Rare Bottom Up Phenomenon.
SPX6900
The Year Was 2026
The Stock Market Flippening had Already Commenced
By 2030 it would Rewire what everyone thought they Understood about Money, Free Markets, Alignment, and Coordinated Human Belief
Those who Paid Attention, Saw It Coming
Those who didn't, Didn't
You should try unconditional belief for once
It's much stronger than conditional belief
If enough people get on a wavelength at scale
Timeless, binary belief system technology is constructed
New monies are formed
Paradigms shift
6900 > 500
You should go back and study the following parabolas and what led to them in excessive detail:
BTC
ETH
DOGE
GME
Amongst many others
You should then study the following macroeconomic circumstances in excessive detail:
1930’s - 1950’s
1970’s - 1980’s
1990’s - 2008
2010 - 2026
You should then study the social media phenomenons of the last two decades in excessive detail:
Facebook
TikTok
Snapchat
Instagram
You can finally go back hundreds or even thousands of years and study religions, values, and the great philosophers producing timeless wisdom.
I stopped studying assets a while ago.
I started studying the intersection of what makes these phenomenons possible.
Something very interesting is happening.
SPX6900
What happens when you Combine:
1. 2016 Bitcoin levels of Belief (385x ago)
2. 2013 Bitcoin Market Cap (3,171x ago)
There's only ONE ASSET that can tell us the answer: SPX6900