proxy studio

Your chances of hitting 100xs go way down as technology continues to equalize access to information, data, and compute

Don’t think hitting the 100x is very hard, it’s holding the 100x that’s the hard part

One mental model I’ve used for some elements of speculative markets is information warfare. I think it’s an extremely dangerous assumption to believe that access to data, information or compute will tend towards equality

founder /openventures | /proxyswap | tokenbot @clanker

maxxing on /morpho 🦋 | pursuing a higher self w /higher-athletics | consistently curious

Can I cast in the channel please. Have mid take on this

^ 

While you studied cryptocurrency I traded memecoins by day and read the history of postcolonial conflict in the global south

We are not the same

I like it here. There are many interesting people, and I've learned a lot from them.

It is easy to conquer a territory but hard to maintain control over it

Why is it dangerous to assume that? That seems to be what has happened historically wrt public markets

I think hitting 100xs does get harder as markets mature. There’s just less asymmetry available the more consensus an asset class is

𝖒𝖆𝖓𝖉𝖆𝖙𝖚𝖒 𝖆𝖉 𝖆𝖘𝖙𝖗𝖆

I actually think the pretty narrow limits of the discourse here go to my point 

Either “agentic consortiums solve inequality” or “no, this is just capitalism and we’ll fight fiercely for anything of value” 

Both presume tremendous value creation, both imply a general up and to the right progress accelerated by tech. This is not some natural assumption everyone should have, but the result of extremely active information warfare. 

I’m an optimist, I believe in positive futures but I try not to fall into glassy eyed “it’s all fixed we just wait”

I'll take the other side of that. even if it isn't captured directly, there's going to be a lot of inference going into info deserts. and we haven't seen what agentic consortiums solve with such dynamics.