Jeff Park
@dgt10011
Partner @paraficapital advisor @Bitwise @solana. Radical Portfolio Theory™ Heretic. ex-@morganstanley @stanford. Views are my own. NFA
3.1K Following 103.5K Followers
Congratulations @Strategy! 99% is a mandate. But why is daily payment such an important feature to create “perfected money”?
Listen to @saylor share his view on the “holy grail” opportunity for bitcoin at @paraficapital Investor Day a few weeks before the vote date👇
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This is the highest signal-to-noise 45 min you can spend today on the latest trends in hyperbitcoinization
Stick around for my favorite part at the end where Saylor gives one of the best founder advice for the age of super intelligence
Thanks for sharing your wisdom with us!👇
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Anyone else feel like this is the calm before the storm?
Anthropic is running out of time
If only it hadn’t paced so much
I’ve argued before Anthropic must not IPO on its current metrics. The bottom line is simple-
The might of American capitalism rests on a sacred social contract: if humanity must bear its risk, the public must also share in the prosperity, not just pay for it.
My thoughts below:
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negative rho bitcoin is when bitcoin is "priced in dollars"
positive rho bitcoin is when bitcoin is "priced against dollars"
what do you think the market is signaling, and which scenario do you think is more violent?
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The best options traders played protoss
perps traders played zerg
spot traders played terran
The worst traders played random
It’s true
Frequent video gamers performed on cognitive tests like non-gamers that were ~13.7 years younger
At this point the only thing you need to understand is that 1) the sovereigns are coming sooner than you think and 2) it will be more violent and faster than your own expectation and 3) once you miss this boat it will be irreversibly too late
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At this point the only thing you need to understand is that 1) the sovereigns are coming sooner than you think and 2) it will be more violent and faster than your own expectation and 3) once you miss this boat it will be irreversibly too late
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Upon some deep reflection this week, I’m starting to feel a great sense of unease that I have never felt so underallocated to Bitcoin in my entire life
Either AI does not account for 25% of GDP, or if it does, it cannot be a private duopoly/oligopoly
One of these assumptions will eventually give
Yo wut
This feels mispriced to me
Intent doesn’t mean finality, something crypto ppl should understand well
My contrarian take: Bitcoin will benefit when CLARITY fails. It will be shamelessly clear that the political class has been fully captured, choosing institutional cartels over consumer prosperity
Bitcoin is the best escape hatch from sanctioned debasement and organized plunder
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Upon some deep reflection this week, I’m starting to feel a great sense of unease that I have never felt so underallocated to Bitcoin in my entire life
The Commodity Futures Trading Commission @CFTC largely pressed the GO BUTTON for Hyperliquid yesterday. It’s why $BHYP $THYP $HYPG hyperliquid:native were up yesterday and surging today. Hyperliquid is the Thermometer, not the temperature. Own the thermometer of Commodities Trading that’s very profitable and has built in buybacks. It’s required, not suggested. Ht to @dgt10011
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What does it take to move from a policy framework to institutional adoption at scale?
@CharlesSchwab’s @jimferraioli, @Broadridge’s German Soto Sanchez, @dgt10011, Katherine Molnar and @ClearStreetLLC’s Owen Lau explore adoption at scale at Solana Summit.
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If you have to pay more interest bc you raise rates esp as you move towards increasing t bills (reverse operation twist) then you worsen your own credit because youre accelerating both the timing and prob of default at same time-> higher roll risk higher term premium
The end
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i know the odds say 90% hike, but I think warsh will hold
based on everything I know about his belief system, it’s the highest +EV decision based on what i am at least seeing
could be wrong, but convexity is convexity when all the chips are down
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