SydneyJason
@sydneyjason
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Thoughts on the current cycle*, a 🧵:
1/5 It's speeding up
Attention/liquidity/rotation is moving way faster than previous cycles. It's because we ("smart retail" + funds + tradfi shops) are spread out more.
This is a function of:
-Communications dispersion: Farcaster, CT, Discord/Telegram, Tiktok, Youtube, podcasts, etc
-Chain dispersion: ETH/EVM orbit (including L2s), Solana, Bitcoin L2s, and apparently other places like XRP/Cardano (?!)
The meta shifts quickly, and the ball of hot money is moving fast. It's like a Tasmanian Devil spinning around from one city to another, very quickly.
*starting with BTC exchange arbitrage in 2013, this is my fourth cycle. I've spent a lot of time thinking about previous mistakes, and I've made a lot of them. 1 reply
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