i’m not optimistic at all that ostium will win this

but i like to bet on great people and kaledora is an amazing upcoming founder.

i want to support her in the long run and have told her this

but for ostium it was really a small investment

she wants to prove me wrong about ostium though and im excited to help her try

imo the symbiotic relationship between defi and tradfi is

defi invents and tries new shit
tradfi looks at it and says hey we should do this or get disrupted

most of defi new stuff will fail because of incompetence and grift

there’s a chance some might cross the chasm to become future unicorns but i doubt

tradfi implements their ideas and captures the value in the long run

but short run defi will capture the value and then crash in price

it’s a good system imo
this is ideal

Is DeFi really “new” or is it just workaround to avoid legal / compliance issues. If there was open season most of DeFi would just be recreated tradfi with less barrier to entry

Tradfi collects value in the long run because most people simply stick to one avenue and don’t change up. DeFi needs newness because nobody stays in anything for more than a month

feature not a bug.
lack of regulations fosters innovation

tradfi culture also too boomer

crypto is very good at being a sandbox

so while i keep bear posting about the current state of crypto alts i am actually very bullish long term on crypto the industry

but a lot has to change

and valuations need to get washed down a lot more

ironically i think the quality of development improves in crypto the less money there is.

there’s way too much capital rn

in the mean time i get to poke fun at delusional bulls 🤪

but also highlight good people building great stuff

so what happens if china keeps delaying a response

RTRS: CHINA'S FOREIGN MINISTRY CHINA AND US HAVE NOT HELD CONSULTATIONS AND NEGOTIATIONS ON TARIFFS

...so what happens if china keeps delaying a response

somewhat ironical question - but assuming btc.d continues to rise, what alts do you think does asymetrically well

pls dont say stx lol, i strongly disagree on that kek

why try to long an alt when you can long btc with leverage, the btc d chart is pretty clear, the only directional bet on alts is short