Sublime

All other variables equal, knowing and utilizing the metagame gives the player the maximum chance to win the game.In the bull-market-thrill-crypto video game, there’s a metagame too. Knowing and understanding the metagame is not required to score some wins, but pretty important

Usually when the meta is common knowledge amongst all participants, the meta is already shifting to something else.

I've first noticed this problem in the startup world where you see famous people that sell books, talk at conferences, and tweet advice to founders, but when you take a closer look, they've never done much founding themselves. They're like the "entrepreneurship" professor that never built a business. They're experts in the metagame -- they're polis... See more

The game has shifted, and the winning strategy with it. It’s no longer about understanding specialized details; it’s about grasping the high-level global picture. It’s less about knowing how to patch a system and more about knowing that it needs to be patched. It’s more about architecture, and less about implementation. Precisely where generalists ... See more

The result is a meta-market: because founders know what playbook their competition is running, they end up positioning themselves against moves their competitors will make in three years. Let’s say I run a newsletter software company, similar to Substack or Beehiiv. Since each company has a unique starting point, we’ll each have relative strengths.... See more