Blocks pfp
Blocks
@hollowgrahm
Leverage is the largest unmet demand in the ecosystem and it explains every crypto narrative thus far. ICOs, NFTs and Meme Coins are all instruments that are either going to zero or printing stupid amounts of profits. That's the only use case with proven retail PMF; speculation on leverage. hollowgrahm.substack.com/p/on-leverage
30 replies
17 recasts
82 reactions

Vishal Kapadia pfp
Vishal Kapadia
@vishkap
Nice piece. I’m thinking of how property thrives on (reasonably high and collateralised) leverage; and crypto is no different. It’s a missing piece at the micro and macro level.
0 reply
0 recast
0 reaction