Jack Purdy

Last week was my final one @flipsidecrypto It was a rigorous, intellectually stimulating, excitingly messy 9 months and I'm grateful to have worked at a company pushing the frontier of AI x blockchain data As for what's next, well, nothing. At least full-time in crypto for the next several months. Even though I took 6 weeks off earlier this year and it did wonders, there's still scar tissue from 7 yrs of terminal onlineism blasting my dopamine receptors that I'd like to reverse. I plan to do this spending an inordinate amount of time in my hammock with a book in hand and writing essays about ideas that matter. I've thought long and hard about what I'd do if I "hit my number" and could ride off into the sunset and its exactly that - satisfy this burning curiosity to learn and find a way to share it with the world. I realized the notion of needing enough to live off interest to do so is absurd and there's nothing stopping me if I can simply get by for a year without an income (which I realize is an incredibly fortunate position to be in and of itself) This isn't to say I'm leaving crypto for good. I care deeply about this industry and love many of the people in it. I'll still be keeping up with relevant happenings (albeit every few weeks instead of hours), I'll still be aping low cap shitters every now and then, and I'll probably find a way to get back to building GTM playbooks and scaling revenue for cutting-edge companies in the space. But for now, I'm going to get really good at doing nothing. Much love to you all🫡

I see you @pmarca

This rebrand feels like the moment in a 90s teen movie where the nerd takes off their glasses, shakes out their hair, and realizes they were hot the whole time. substack.com/home/post/p-18…

@p_millerd I find it more helpful to think of it as a pure 1:1 analogy to gold (inflation-resistant macro hedge) vs. currency to replace the USD

actually curious given most people arent going to buy BTC on cold wallets and BTC is increasingly just part of the us financial system, doesnt it have much lower odds of success as its own standalone currency?

Apparently the Internet mob is shaming people for using AI because of it’s environmental impact, which if that’s the case they should also be mad about… *literally everything else. Even if you prompt 10x/day for a month, it’s still a fraction of a single washing machine cycle. That’s not to say there aren’t environmental concerns around AI but that should be pointed towards something that would make a difference like pushing hyperscalers towards renewables or accelerating grid-scale energy build out.

In a world bombarded with content, most of which is trying to sell us something and we’ll soon forget, it has become harder than ever to suss out what’s actually worth paying attention to–what ideas are worth the time and energy to think more deeply about?  After seeing patterns emerge from books written centuries apart in different corners of the globe I realized there are core ideas that have resonated enough that they’ve endured throughout time and still remain highly relevant today.  Recently, I’ve become fixated with these persistent philosophies and want to make it a goal to not only understand but practically implement them as an antidote to the barrage of cheap, ephemeral, ideas out there.

BREAKING NEWS: You’re allowed to comment on the current news thing without definitively asserting your opinion of the way things ought to be based on a few tweets and a substack article you read.

An excellent story about losing a few hundred thousand dollars by @jpurd17 open.substack.com/pub/examiningl…

How I lost half a million dollars and gained a metric ton of agency. open.substack.com/pub/examiningl…

Long crypto's impact, short it's market cap 😬

Tell me again why AI is a bubble just like railroads because you read Sorkin and now every capex chart screams 1873 and you're worried about circular vendor financing and depreciating collateral and lackluster enterprise ROI—or were you going to keep plagiarizing every other AI thot leader and pawn off your hot take as your own?

@corinnemoshy @flipsidecrypto Thanks for the recs! Will add these to the goodreads

@jpurd17 @flipsidecrypto enjoy!!! 🌴🌴 if you're reading novels and taking recs.. 11/22/63, lonesome dove and the will of the many are some of my top reads of the year. enjoy some good hammock time!

Last week was my final one @flipsidecrypto It was a rigorous, intellectually stimulating, excitingly messy 9 months and I'm grateful to have worked at a company pushing the frontier of AI x blockchain data As for what's next, well, nothing. At least full-time in crypto for the next several months. Even though I took 6 weeks off earlier this year and it did wonders, there's still scar tissue from 7 yrs of terminal onlineism blasting my dopamine receptors that I'd like to reverse. I plan to do this spending an inordinate amount of time in my hammock with a book in hand and writing essays about ideas that matter. I've thought long and hard about what I'd do if I "hit my number" and could ride off into the sunset and its exactly that - satisfy this burning curiosity to learn and find a way to share it with the world. I realized the notion of needing enough to live off interest to do so is absurd and there's nothing stopping me if I can simply get by for a year without an income (which I realize is an incredibly fortunate position to be in and of itself) This isn't to say I'm leaving crypto for good. I care deeply about this industry and love many of the people in it. I'll still be keeping up with relevant happenings (albeit every few weeks instead of hours), I'll still be aping low cap shitters every now and then, and I'll probably find a way to get back to building GTM playbooks and scaling revenue for cutting-edge companies in the space. But for now, I'm going to get really good at doing nothing. Much love to you all🫡

More thoughts on what it's like from the other side x.com/jpurd17/status…

What if the current crop of DATs are just a playground for what public co's can do with substantial holdings in key networks? Imagine Coinbase, Robinhood, Circle all as pseudo-DATs in their own base layer with real businesses behind them. We're moving beyond closed-end funds for tokens to legitimate cash-flow generating businesses with vested interests in top ecosystems.

You can simultaneously believe >90% of DATs are bullshit and they're going to be some of the most important players in the cryptoeconomy in the next few years.