Devin Baker

Orderflow isn’t even solely owned by Pump, as about 30% of Pumpfun volumes originate on Telegram trading apps like Axiom or Photon. Without owning the consumer relationship via Pump.fun’s desktop and mobile front ends, it’s vulnerable to disintermediation out of the memecoin supply chain over time.

The more and better tools, the bigger and harder challenges builders can address with them.

Unlike traditional measures like World M2 money supply, which primarily track retail deposits, Global Liquidity is a wholesale measure that focuses on the asset or credit side of the financial system. It captures the capacity of the entire world financial system to create credit and facilitate transactions. This is crucial because, as noted by... See more

That taste for outsized risk has seeped into everyday culture. Wage growth has severely lagged compounded capital, causing ordinary people to increasingly see their best shot at real upward mobility in negative EV jackpots. Online gambling, 0DTE options, retail meme stocks, sports betting, and crypto memecoins all testify to the phenomena of... See more

When people make unconventional decisions, it often feels like they are measured to another standard than those who follow the default script. If you do the normal thing and it fails you, then it isn’t your fault; it’s the system. But if you do an unconventional thing, even small, normal setbacks are read as proof of your foolishness. When a normal... See more

Filecoin functions as a peer-to-peer network for individuals to store and retrieve data across the internet. Traditional services that require sophisticated levels of data storage utilize either centralized systems or build it themselves. Filecoin’s goal is to fix this and offer bespoke or umbrella data services to everyone, anywhere in the world,... See more

Seed Club is a DAO orbited by thin business units.

Within the DAO we focus on building communities, experiences, and media that creates participation pathways for existing crypto believers, and converts people still on the edges into believers and participants.

We help people make money, get smart, have fun, and find belonging along the path to... See more

Each subnet has its own subnet-specific “alpha” token with the same fixed 21m supply and tokenomics as TAO. The only way to access alpha tokens is through Uniswap v1 style AMM pools with TAO. Bittensor participants delegate TAO to the AMM and receive the “alpha” token which offers both a higher APY and potential price appreciation of the alpha... See more

When bitcoin is in a deep bear market, its market capitalization has historically dipped a bit below its on-chain cost basis. When bitcoin is near or below its cost basis, that has historically been an excellent buying opportunity, and in the past I’ve pounded the table on it when it reached those levels. There’s no guarantee it’ll reach those lows... See more