Retrospectively Obvious
A Company “Destined to Be Eliminated”—Why Is Its Return Outperforming Solana, the S&P 500, and the Nasdaq?
I’m betting that Western Union will outperform Solana—the narrative shift has depressed its valuation, while distribution channels are the real moat.
Cryptocurrencies Without Compounding Interest Can’t Outperform Stocks?
Bullish on crypto technology in the long term; select tokens cautiously, and overweight stocks of companies that can leverage crypto infrastructure to amplify advantages and achieve compounding growth.
The "Bankruptcy" of Metcalfe's Law: Why Cryptocurrencies Are Overvalued
Value capture is undergoing a shift from the foundational layer to the application layer to the user aggregation layer, which benefits users, but they should not pay a premium for this in advance.
Why isn't your token rising?
We view casino cash flows just like recurring revenue in software.
Subscribe on Substack
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号