KyriakosCrypto

@JayQueCee @Mericamemed Free Fall (2021) by Emmanuel Tenenbaum

@Mericamemed What movie was this?

This really happened

@Rhythmtrader Keep dreaming. Bitcoin is never going to hit $100,000!

"Bear Stearns is fine" - Jim Cramer (2008)

$IXS | listen up #SergeyNazarov of $LINK spoke at #token2049, “It is about net new value coming in from the traditional market and coming in not from the hundreds of billions but the trillions. That’s the next stage of our industry as a whole” 🧵

What people think crypto investing is like: -Frantically FOMOing into every new shiny token -Doom-scrolling through charts at 3 AM -Selling at a loss because "Elon tweeted again" -Treating crypto like a slot machine in Vegas What smart crypto investing is really like: -Hunting for gems with real-world utility -Investing in projects where the market cap shows growth potential and good r/r -HODLing and DCAing on every dip no matter what the market does -Sitting calm doing nothing watching your investment grow One of the chillest tokens on the market right now: $IXS @investax -Legit business with working product -Top team with experience in crypto and finance -Fundamental crypto use case (#RWA) projected to attract trillions of $ -All tokens in circulation, no dilution -Support by @Coinbase and top investors and institutions -MC is just a fracture of similar projects’, meaning highly probable 50x-100x in the run Think for yourself what kind of game you prefer.

$IXS | Priming RWAs @VitalikButerin urged for #DeFi to integrate with #RWA back in 2022 and on X he put the weight of his name behind RWAs again. This puts @IxSwap in a great position as increasingly the discourse primes for RWA success. Have a cup of tea and read on. ☕️🧵

🆕📊 NEW LISTING 📊🆕 @stryke_xyz is now live on Token Terminal. Stryke is an options trading protocol built on EVM-based chains.

More revenue than billion dollar projects 300x more active users than Cypherium (1 user) Highest percentage of traders making money vs losing among all derivative DEXs LPs making triple digit APRs Only true onchain Options DEX Valued at ~3.5m circ. Clown market 🤡

🧑‍💻 Here are crypto's top Real World Assets (RWA's) by development. Directional indicators represent each project's ranking rise or fall since last month. The top 7 remain unchanged, while Polymesh & Defactor rise: ➡️ 1) @chainlink $LINK 🥇 ➡️ 2) @synthetix $SNX 🥈 ➡️ 3) @centrifuge $CFG 🥉 ➡️ 4) @oraichain $ORAI ➡️ 5) @duskfoundation $DUSK ➡️ 6) @MakerDAO $MKR ➡️ 7) @ixswap $IXS 📈 8) @polymeshnetwork $POLYX 📉 9) @creditcoin $CTC 📈 10) @defactor_ $FACTR Read about the Santiment methodology for pulling github activity data from project repositories, and why it is so useful for crypto trading: medium.com/santiment/a-di…

@IxSwap team pushing out lots of real code Great to see @santimentfeed thank you keep up the good work Good for all communities to check if their projects are really building or just vapourware We welcome transparency and open sharing of data on what is real and valuable in our #rwa industry Looks like @IxSwap only licensed player on the list as well Bullish $IXS

🚀🧵 1/ Introducing @IxSwap, the "Uniswap" for Real World Assets (RWA)! 🌍 With the private asset market projected to hit $15T by 2025, IXS is opening doors for everyone to invest in RWAs. Here’s why you should pay attention! 👇#IXS #RWA

@gphummer @bankless @KyleSamani @multicoin He is just pumping his own bags. don't read too much into it.

Extremely sus guest and episode framing. Close to zero pushback on Kyle’s gaslighting. Since you didn’t provide any pushback, I’ll do it for you: 1. Crypto is about more than finance. Yes, finance is highly important, but at scale the possibilities are still virtually endless for a trustless computing layer to improve the world in numerous ways. Vitalik expounds more on this here: x.com/VitalikButerin… 2. ETH is more than a mere tech stock/growth asset. It can and will be considered money once BTC implodes due to security budget issues. 3. Kyle misunderstands the role of money in an economy and as a top-of-the-stack collateral asset. You’ve had Lyn Alden on multiple times and should already know this. Sound money is about more than mere inflation resistance. He also doesn’t distinguish between bearer and non-bearer assets, which is extremely important for collateral money. Rejecting SoV as an investment category is therefore incorrect. Buffett-style productive asset investment analysis works in a stable world with a hegemonic political bloc. In an unstable, multipolar world, a credibly neutral store of value bearer asset is extremely important/desirable. 4. Kyle is correct that productive underlying crypto-assets can eventually flip BTC to achieve SoV status. 5. Interoperability is not an unsolvable problem. There are numerous precedents for large-scale systems with divergent actors coming to consensus on interoperability standards (like the internet itself). He says there are “obvious incentives” for people not to agree to a standard. I would say it’s quite the opposite - there are obvious reasons for them TO agree to a standard if it not doing so is existentially threatening and if doing so increases the size of the entire pie. 6. ETH is 9 years old. So what? It’s achieved hundreds of billions of TVL and has pioneered numerous entirely new zero-to-one style innovations in crypto technology. Kyle is acting like ETH has been resting on its laurels and has done nothing for 9 years. He even says “it’s not in production.” Wtf is he talking about? ETH has had a massive impact in the real world from stablecoin volumes alone in developing countries, and the reason it’s not more predominant in the US/developed world has more to do with regulations/securities laws than the inability of the underlying rails to be far superior to today’s systems. A new administration will hopefully change this. SOL’s “real world” impact, by contrast, consists of 10-20k zynned out zoomers trading down-only pump.fun memecoins with each other and getting repeatedly rinsed by MEV bots and market makers. 7. L2s are not parasitic to L1s. The whole point of L2s is that the entire pie grows - if you can bring in 1000x+ more users/transactions, both the L2s and the L1 will flourish. Because the L1 provides the base layer of security and because most assets/trading pairs are denominated in it, the L1 has a powerful economic network effect even if transactions don’t occur on top of it directly. It’s also not correct to model transaction costs as zero *in aggregate* - a single transaction might cost near zero ETH due to the extreme efficiencies rollups will enable, but in aggregate with billions or trillions of transactions per day, these transaction fees will be quite significant indeed. He also says he doesn’t believe DA is worth anything. I’m sorry, what? This is a huge misunderstanding of the point of DA and why it has value in the first place. DA has value because it keeps rollup operators honest. He also thinks MEV is the “only value driver for L1 or L2 assets.” This is frankly insane. One extremely simplistic way to think about ETH that’s more in line with Kyle’s worldview is that ETH is analogous to an AWS credit for trustless computing. Would any financial analyst say that AWS credits are only valuable because Amazon can frontrun your computing transactions? I doubt it. They’re valuable because they let you do computing on a cloud server. 8. Kyle is part of the midwit camp of thinking that the EF should focus on scaling the L1. This is functionally impossible without compromising on decentralization. The whole point of moving to L2s is to enable throughput/scale while remaining trustless and decentralized. SOL can be taken down in an afternoon with a few subpoenas from Joe Biden to the 3 data center operators who host >1/3rd of the SOL stake. Is that a network that’s suitable to serve as a credibly neutral substrate for global trustless computing? I don’t think so. 9. Kyle's point about decentralization (Coinbase not caring about other validators) is nonsensical. Of course they care! That’s the whole point of a decentralized, secure blockchain. CeFi bridges are not the correct anchor of trust, this is an extremely short-sighted take. We’re building for the whole world’s assets to be on-chain. 10. SOL’s unstaking didn’t matter in Dec 2022 because nobody was trying to attack it back then. You didn’t bring up the unsustainability of SOL’s TPS scaling either. Fundamentally, Kyle prioritizes composability above all else, and doesn’t really value decentralization/security. This is quite silly, especially after what just happened to Pavel Durov over the weekend. This episode was very disappointing to see, and imo you guys should stop branding yourself as ETH influencers. @RyanSAdams @TrustlessState

LIVE NOW -- Why is ETH Down So Bad this Cycle? | Kyle Samani SOL/ETH is up 300% YoY, and ETH/BTC is down 50% over the last 2 years. Why is ETH underperforming so bad? @KyleSamani is the Managing Partner & Co-Founder at @multicoin. Kyle and Multicoin are among the largest investors and proponents of @Solana. They have been spearheading the ‘integrated blockchain’ investment theses even before the success of Solana redefined that corner of crypto. This episode is not intended to be a debate like the @toly vs @drakefjustin one. Ryan and David are mostly going to sit back and hear Kyle’s perspective and reasoning as to why ETH has been down so bad in this crypto cycle. ========================================= Timestamps: 0:00 Intro 5:40 Ethereum in a Vacuum 10:10 $ETH Vs. $BTC 25:50 Broken Layer2 Interoperability 34:46 Value Capture 51:46 What Needs to Change 55:23 Decentralization 1:06:34 #Solana 1:12:25 Steelmanning #Ethereum 1:17:49 Closing & Disclaimers

🧵 4/ As @julian2kwan says, "IXS is the world’s FIRST fully compliant RWA DEX, making it the backbone of the new financial system!" Whether it's real estate or other assets, IXS makes it easy to trade them on the blockchain. 🏠💎

Nothing malicious, I think. They are just too arrogant, they think disclosures are beneath them. They are here to change the world, not be troubled by matters applied to common people.

Yes, regulatory compliance is boring. But it's of utmost importance for institutional investors and on boarding retail for mass adoption $IXS $FI

Guess who invested in IX Swap's parent company? $ixs ixswap.io/news/revisitin…

$IXS | The Growth of tokenisation The crypto industry fluctuates up to $2.5tn and a goal is to power how everything works, Chainlinks’ Nazarov says that RWA is up to $800tn and just a small % of this brought to chain will surpass the crypto market cap massively. 🧵

Consider joining. journey to $100 ( x200)

$IXS | Tech freeing capital Raoul Paul has a projection that we could go from $2tn MC for crypto to $100tn by 2032. He puts the rhetoric:

MARKET CAP could be anything from $3bn to $7bn