Hey @elonmusk, hit a snag with my #Cybertruck—the 2nd delivered in NYC! Love the car. Just months after getting it, @GEICO dropped my coverage, saying they won't insure CTs anymore. Struggling to find an insurer after 5+ brokers turned me down. Can't drive it and also can't sell
Pranav
727 posts
Portfolio Manager of Digital Assets Alpha Disclosure: bit.ly/3kn4hQW
Joined February 2016
- Excited to announce this! We have met a ton of great founders in the @avax in the past year. We want to be there to support them through a dedicated pool of capital. No memecoins, no vaporware…real GDP on chain. DM’s open!
- Exciting times ahead if you can stomach all the near term volatility. Over a 12-24 month time horizon, the setup for liquid tokens hasn’t looked this good.Just need to be able to stomach the short-term volatility and not get shaken out: 1. Central banks are shifting fromSentiment reset & leverage flush while most quality cryptoassets put in significantly higher lows than we saw in 2023. Meanwhile, central banks globally about to get forced into easing — a bit more turbulence possible in Q3, but regardless a beautiful early bull setup.
- Replying to @TeslaBoomerMama @elonmusk and @GEICOYup no Tesla Insurance. I also have an insurance broker who is excellent and they came back to me with "everyone – and I mean everyone – else has declined to offer coverage."
- I believe attributing Solana's success solely to "crushing UX for retail casino" overlooks the bigger picture. If we assume that killer apps are yet to come, and that tokenized equities (if regulators permit) could be one of them, then we (as tradfi) have two potential keySome good replies. For me it's less that ETH has been weak - it's more that BTC and SOL have been so damn strong. Bitcoin crushing narrative. Solana crushing UX for retail casino. Ethereum's strengths aren't as obvious this cycle - a slower build. But ETH's time will come.
- Wyatt (@wyattlonergan) and I met with over 15 allocators (Family Offices) in Singapore last week. Tldr: we feel optimistic. As investors in the space, we ask ourselves: "If stablecoin market cap grows from $160 billion to $ x trillions in the coming years, which tokens/projects
- Despite being one of the most popular apps in crypto, @Polymarket accounted for less than 4% of gas fees generated on the Polygon network over the past three months. During this period, Polymarket generated approximately $17,100 in gas fees. So what "sequencing" revenue
- Replying to @rleshnerContext would help: March 10, 2000 (top of dotcom bubble): US Equity: $18.3T (57.4% global GDP) Gold: $2.0T (6.3% global GDP) US GDP: $10.2T (32.0% global GDP) Global GDP: $31.9T Today: US Equity: $58T (52.5% global GDP) Gold: $22.6T (20.5% global GDP) Crypto:
- Replying to @blknoiz06If you believe liquid crypto will largely remain a retail asset class, then vibes-based investing probably works. If you believe institutional capital will one day (12-24 months) flow into alts via multi-token passive products, then I’d expect rules-based products
- Three distinct articles in this weekend’s FT painting #Bitcoin in a negative light…what’s going on here?
- Replying to @blknoiz06The issue isn't "we need more liquid funds"; it's that we need more traditional allocators (sovereign wealth funds, pensions, wealth managers, endowments/foundations, etc.) to invest in liquid crypto (directly or via existing liquid funds). Historically, regulatory risks and
- Founders in crypto using tokens to build useful things already have to fight for mindshare, attention, and liquidity against a flood of nonsense tokens (and scams). Tokenizing random content for no good reason beyond ‘why not?’ would worsen this problem for real builders — and,
- 🚨 We’re hiring a Day 1 leader to build a new strategy investing in unicorns & decacorns (non-crypto). Be the face of the business with autonomy + ownership. Entrepreneurial? Let’s talk. DMs open.













