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Stay hungry. Stay humble. Stay ambitious. Stay curious. Be a student, always.
Ari Paul
6,506 posts
Ari Paul
@AriDavidPaul
Lifelong student. Practical idealist. Founder of BlockTower. Board of Strobe VC.
- We're probably entering (I think) a brief and minor correction now, but we're still in the midst of a violent bull run that will soon be more violent. Here's a thread on psychology and health.
- Pretty amazing watch the curtain in front of crony capitalism fall before our eyes. Fed buying corporate bonds, considering equity. Fiscal bailouts for c-suite execs 100x as large as for workers. This is a giant wealth transfer from average savers to wealthy investors.
- Litecoin is now worth more than the entire cryptocurrency market just 15 months ago.
- $50k used to be a lot of money. Now it can't even buy 1 BTC. 🤷♂️
- Imagine if refugees from Nazi Germany or maoist China or Syria recently could take all their wealth with them when they start a new life elsewhere, with just a password in their head.
- Funny line from a friend: my tax strategy is to hodl long enough that I outlast the IRS.
- In 10 years, bored apes (BAYC) will be a case study in business school as the most extraordinary example of marketing to create a Veblen good in history. Probably unprecedented in speed.
- I joined twitter roughly a year ago to learn from and engage with crypto experts. I wrote a lot of stupid things , sometimes being corrected multiple times until I understood the correction. Don’t be ashamed to be wrong or uninformed. Be ashamed to be stubborn or incurious.
- Imo, crypto now going through something vaguely like post-2000 tech crash. We proved modest product market fit in several areas, but A. Products and infrastructure need to be much better to truly cross chasm to mainstream. B. And adoption is ~5 years behind where some hoped. /1
- Truth isn’t determined by who gives better soundbites in a podcast or Jamie’s first Google search. I’ll bet $1m that many of RFKs claims were simply and provably false. @joerogan I’m 100% serious.Peter, if you claim what RFKjr is saying is “misinformation” I am offering you $100,000.00 to the charity of your choice if you’re willing to debate him on my show with no time limit.
- Even in the crypto community, I'm surprised by how many don't get it. This isn't about 'lambos' for many of us. It's about freedom.
- There's currently about $10 trillion parked in sovereign bonds with *negative* yields. People are paying countries to borrow money from them....$10 trillion worth. This may be the greatest bubble of our lifetimes, and makes me very bullish on fiat alternatives.
