1/8 Facebook announced today they’re changing their name and going all in on the metaverse.
Why?
Because they have no choice.
The achilles heel of FB is that it revolves around the social signalling model dreamed up by a college freshman, one which NFT just made obsolete 🧵:
s
5,039 posts
- 1/24 Why do I have so much conviction on NFTs? Most of the biggest tech successes of the last 20 years have come from unlocking frozen assets, and NFTs do just that. For investors and entrepreneurs, this is a super important mental model. Some examples 👇:
- I just finished 9 back to back BTC whale calls, and they are all looking for the same thing; a better solution to trading BTC on chain. And we are going to give them a damn good one. Hyperliquid
- One of my all time favorite trades was buying 25 luxury tokyo condo's from 2014-2015 and 20xing in 2 years. The BOJ had just started their aggressive easing policy and I remember most smart money was long nikkei, but I felt their had to be a more convex way to be long. I decided
- 1/11 Every year lots of people make money. And lots change the culture. Very few do both. This is why the high-end art market exists, to facilitate the exchange between financial and cultural capital. If you understand this, you understand how NFT can take over the world 👇:
- If money is evil then crypto is hell. this is the most obnoxious group of money hungry — low IQ, high energy, jack rabbit, wannabe-big-time, small time, shit talking bothersome, irritating bunch of motherfuckers … I have ever had to endure for more than five minutes
- when you really understand something better then the market, it’s amazing how calm and relaxed you are even with very large positions. And on the flip side when you have little to no edge/insight , how much anxiety and stress there is over tiny moves. It’s been a useful gauge for
- Old flex: XYZ tier 1 firm led our round New flex: Our users led our round The winds are changing, finally
- for many years all i wanted was to trade spot btc on chain, on a seamless clob, and now i'm finally about to be able to do that.
- The people’s coin deserves to be on the people’s chain. Proud that @unitxyz now enables spl20 native integrations into @HyperliquidX. High demand spot listings are no longer just for the cexs Hot air rises
- try sending a 50k usd+ international wire to a local bank in Japan and you will viscerally understand why stable coins have a use case 😭




