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MONK

Following0Followers (X)21.87KPosts145Likes9.74K
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When have we seen a new chain launch where the native protocols are actually buying back the network token? Imagine if pump was a net buyer of SOL and not a net seller

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The right way to think about Elysium is that it’s a unionization effort by a bunch of builders who believed in the general purpose vision of Hyperliquid but couldn’t make it work on the HyperEVM. This is bigger than just the Kinetiq team.

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Few spots a year and this is one of them

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Yes im sure there are still loads of spot sellers waiting to dump majors after we already got sent to hades for half the year as equities went into euphoria overdrive

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Was always interesting seeing other people in the space question why Syncracy remains so concentrated in $HYPE. This was the only liquid fund on my list to join because @RyanWatkins_ and @HighCoinviction had the balls to size in and not overtrade what is so clearly going to be THE breakout asset in this space for years to come.

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The risk is completely isolated on the papertrade pool which is all synthetic anyway And also everyone using it rn expects to get liquidated lmao

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Feels good when you’re in a coin and people start talking about the next coin that could be like your coin

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Man jeff really paved the way for us all to have better tokenomics forever

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It would be helpful when you frame the question in the future to point to what exactly you think is bad about the current setup, instead of just constantly saying “two dozen validators in tokyo” in these tweets as if it’s a given that such a thing is the literal spawn of satan (and then forcing us to assume your own argument for you) Is it the two dozen part? Well clearly that’s not a problem for regulators because finance today is run on highly centralized venues. There isn’t an obvious principle under which financial infrastructure becomes legally acceptable only after some minimum number of independent consensus participants. Is it the tokyo part? I sort of see your view there, but again, blockchains are fundamentally transparent technologies where the location of your validators shouldn’t matter for auditing purposes. I mean, there are American companies that are validators on Hyperliquid. The actual compliant market operators on Hyperliquid will be U.S. licensed companies. So I’m not sure what’s left besides imaginary scenarios where the Japanese government decides to go after Hyperliquid and we can’t stop them, but who cares? We don’t stop American companies from sourcing from TSMC because China can invade Taiwan. Just spin up a new set of validators in the U.S. if it happens. Isn’t this what’s cool about blockchains in the first place - that finance can become truly borderless? Finally, I think investing on the basis that everyone else in the world will hold themselves to your own principles and worldviews is just a bad way to invest. If you can’t see that regulators clearly don’t seem to care as much as you do, idk what to tell ya. This thing is going to happen, and it’s going to happen soon. I just don’t think there’s an incentive for the CFTC and SEC to give a shit, if it’s what the people and president want and it’s what brings a great American entrepreneur home. This shit is really just about incentives at the end of the day, just like you’re incentivized to say this as a Solana stakeholder and I’m incentivized to say this as a HYPE stakeholder. Respect your thoughts as always though, which is why I choose to respond.