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Maττ Beck 💹🧲
@Matthew_C_Beck
Founder & CIO, 1N Holdings. Previously @DCGco @Grayscale @Bridgewater. Persist Forever. Opinions my own. Not financial advice.
7.2K Following    8.3K Followers
We are in a ‘nice to have crypto era’ We will soon be entering a ‘need to have crypto’ era An Essential Hedge This is not well understood
Cross the chasm. No fear. Learn to Trust again. Learn to Believe again. And commit to the Flip. Why not? SPX6900
SPX6900s greatest innovation is *already happening* at the social layer You should probably think deeply about this
SPX6900 is about shattering the facade that the people are not powerful together such that they can coordinate and create something new It's about shattering the facade that we must rely on some wealthy and powerful people to tell us what to do It's about shattering the facade that we need someone else to do it for us It's about shattering the facade that we need to ask permission to follow our spirit The spirit from which Bitcoin was born
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By 2028, it seems Inevitable to me, barring the AI industry completing a Hail Mary (which is possible, something I support, but unlikely) that our Debt Expense as a country will Exceed our GDP Growth. Even if the Hail Mary is completed, it seems inevitable to me that Wealth Disparity will Intensify, Giving Rise to the Original Use and Purpose of Cryptocurrencies as Counterbalancing Mechanisms. This is How Countries Go Bankrupt. But when you control the printing press, you Don't Go bankrupt: You Just Print. The Negative Debt Spiral Dynamic has only played out in 5 out of the last 86 years. 1946, 1949, 1954, 2009, and 2020. It is my view that this Comes to Fruition by 2028, if not accelerated before. Each Time in those 5 years that this dynamic played out, We Printed a Lot of Money, directly or stealthily. Today the leverage situation mirrors the 1940’s most closely. 2008 and Covid (2020) were treated as Shocks. 1940s and Today (2026) are Structural. In this environment, it is my view that you will want to Own the Most Hardcore, Holder Insensitive, Finite Supply Assets With the Highest Sensitivity to Money Printing. Assets that are BTC-like in their nature and DNA at different levels of Maturity, or Market Cap. I want to allocate to the Best Assets That Fit This Profile as far down the stack as I can go. I want to Contribute to the Creation of These Assets as far down the stack as I can go. That is how I'm planning for the next few years. That is how I'm positioning personally. That's why I'm trying to position into old debasement liferafts and contribute to new ones. These will be the things that protect against the impending structural debasement best. In unconventional times, unconventional methods are necessary. SPX6900
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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
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The Ideological Holder is the Greatest Holder of All Time. The coins with the Most Dense Ideological Holderbase Win in the End. As We've Seen. 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
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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
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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
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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
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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
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