Ari Paul ⛓️, Discover and Read the Best of Twitter Threads by @AriDavidPaul

Ari Paul ⛓️

AriDavidPaul

Imo, crypto now going through something vaguely like post-2000 tech crash. We proved modest product market fit in several areas, but A. Products and infrastructure need to be much better

Some anecdotes on where the new money has come from to bid BTC from $10k-$18k. Retail inflows have been relatively muted. The crypto industry is at relatively low leverage. So

BlockTower has been excited about NFTs since our launch 3+ years ago, but we expect to triple down over the next 6 months and allocate $10m+ to the theme. Shill

4/ similarly, we've already seen demand for in-game artistic purchases in the earliest virtual worlds. As AR/VR worlds accelerate, we'll inevitably see massive demand for scarce digital art to populate

The yield farming airdrops have hidden the real story of sustainable value creation in defi: DEX fees from trading. Most of the borrowing activity is demand spurred from short-term promotions,

Portfolio theory 101: in deciding whether to add an asset to your portfolio and in what size, you only care about two things: the expected value (EV) of the asset

I don't envy the moral questions facing Zuckerberg, Dorsey, and employees of social media companies. Allow disinformation campaigns or subjectively censor? There's no great solution and they're forced to walk

If you pride yourself on your intellect, or wealth, or athletic prowess, a setback is devastating. If you pride yourself on grit/flexibility/empathy, a failure is naturally an opportunity. /1 2/

The role of safety nets in encouraging entrepreneurship is often underestimated. It's almost impossible to think about building a business that might take years to be profitable when you're living

Haven’t seen anyone make the obvious analogy yet: defi is “globalizing” things into one giant capital market with shared total risk. Your stablecoins on one defi platform are lent out

Being an investor in crypto bull markets is like sailing in a tiny schooner with tsunami winds at your back. You don't need to perfectly trim the sails, just stay

A lot of right leaning thought leaders are saying unironically, "show me a single example of structural racism." We still have a lot of miscommunication around the term "racism." Many