Devin Baker

The only decisions investors can realistically make are: (a) how much to commit and (b) over what time horizon ?

It’s not that crypto has actually enabled the financialization of everything, but rather it’s removed friction in places where immense demand for financialization exists.

-Most US spending on Social Security, Medicare, and Defense is unaffected by recent policy. All of this spending is sideways-to-up for the foreseeable future, which trickles into the consumer economy, the healthcare sector, and the defense sector.

-The two-speed economy is likely to remain in effect. High interest rates (even after some cuts),... See more

Who is this for? What do they believe, what do they wish for and treasure? Ignore the others.

The hoped-for results might materialize, or the negative consequences might be felt, or some combination of the two. It must be borne in mind, however, that whereas the negative ramifications from tariffs will probably be felt almost immediately, any gains are likely to come only in the long run, following a multi-year period of adjustment.

If your brand isn’t doing everything you hope, it might be because your organization isn’t doing the work that the brand could or should or might promise it does.

“In the past, jobs were about muscles. Now they’re about brains, but in the future, they’ll be about the heart.”

After the latest bear market toward the end of 2023, over 70.7% of coins hadn’t moved in over a year. That figure is down to about 63.2% now, and so about 7.5% of previously locked-up coins have moved. I expect that this bull cycle still has room to run, although nobody can be sure. I consider it useful to monitor these waves of distribution to see... See more