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ted (not lasso)
@ted
dumb but genuine question: who is ansem and why do half a million people follow him?
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matthewb.eth
@matthewb
he studied compsci at georgia tech, traded crypto for several years with a small but growing following. exploded in popularity in 2023 largely as a result of his SOL thesis since ~ $8 post-FTX (now $170+), which was probably the best trade anyone could take with size over the last 2yr. at this point I’d broadly characterize him as an influencer and SOL maxi, but he’s also gotten involved with the memecoin meta by championing WIF to 5B and many others. he remains controversial mostly as a result of onboarding celebrities to launch coins and occasionally soft shilling lower caps.
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ted (not lasso)
@ted
thanks, this is helpful. traded crypto professionally, or for fun? what was his SOL thesis? and has he built anything? or done anything with his digital community?
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not parzival
@alexpaden
traded crypto professionally is the wildest thing i've ever heard yall need to be stopped
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ted (not lasso)
@ted
there are crypto hedge funds… you know that, right?
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not parzival
@alexpaden
i was too harsh and drawn out here, sorry ted. the important takeaway imo is my definition of professional and the implications of claiming to be “the coldest n***a alive* it’s easy to social engineer the poor or desperate and that’s usually what’s going on in these situations (ct influencer trading advice)
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not parzival
@alexpaden
crypto hedge funds: the digital equivalent of high-stakes gambling halls, where the only innovation is in finding new ways to profit from the market's volatility. they promise freedom and tech progress, yet they thrive on the same principle as casinos: the system's designed for the house to win. trading crypto "professionally" here often means mastering the art of financial exploitation, not contributing to society's betterment. it's akin to being a professional gambler; the skill set involves reading the room, not building it. professional has multiple definitions, but i'll share the one i align with "Conducts themselves with a high degree of competence, integrity, and ethical standards" to the standard trope of silicon valley, these do not make the world a better place; they are easy financial vehicles, much like get rich quick schemes that populated the market '00-2010s.
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