Redphone
@redphone
Ten rando Trump-induced thoughts on crypto: 1. The token launch and its price performance is truly staggering. It will have aftershocks that are just as powerful and impactful for the industry. Or put another way, if this coin launch blew your mind, what comes next will be crazier. 🧵👇
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Redphone
@redphone
2. General vibe = "if the president can do it, so can I."
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Redphone
@redphone
3. We can only speculate on what happens next, but most of us are thinking too smol.... Like I have no doubt that your bank adds crypto wallets, Robinhood adds perps, international brands like shoe companies and fashion brands drop memecoins, etc. What's even bigger than that stuff? Because it could potentially happen.
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Redphone
@redphone
4. We often forget that money is simply a technology, and the best tech wins. Crypto is now the best monetary tech. And it's literally morphing the concept of "value" before our eyes. Thanks to AMMs and blockchains processing ever more txs, value can be placed into any package/container -- not just dollars, yuan or euros. We can transmute it into attention (which is how I measure memecoins) and intelligence via tokenized AI, among other things. This simply wasn't possibly before permissionless blockchains.
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Bethany - countessellis.eth🎩
@ellis
This one of course raises the question in my brain that won’t stop poking, if crypto is now the best monetary tech, digital fiat was before that, paper notes before that, coins before that, and direct trade before that, what’s next, better than crypto?
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Redphone
@redphone
Good question... probably tokenized compute (which @ramon is always shilling me on :)
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