meta-david ⛓️

@elonmusk Get it to Iran

Starlink now in Kyrgyz Republic! 🇰🇬

@punk9059 Time to reactivate this meme

I’m old enough to remember when Scott Bessent said the administration thought it was time for Main Street to win for a change.

The irony of utility-based tokens that actually do something ($ETH for gas, $LINK as an oracle, etc.) is that their usefulness means they virtually always have a ceiling. If its price goes up too high, it needs to scale to conduct its function more cost-efficiently, or people will find a more affordable alternative. Either way, it means you need to hold less; price is implicitly capped. $BTC being simple and not being overly programmatic is its superpower.

@punk9059 I must be a boomer. Didn’t know they they breakdown the stack for athletes now In my day baseball players would just show up jacked one season and hit 70+ hrs and we just thought they were good

It turns out that training works a whole lot better than sitting around taking drugs.

Is there a way I can make my own token which is essentially an index of other tokens I’ve selected? Last I explored this, it wasn’t something one could do permissionlessly.

@Alex4DeFi 🎯 Nailed it. They love the tech like atomic settlement, but they’ll own all of it

@metadavideth CT thinks institutions will HODL, but they're really just building cheaper settlement rails for themselves.

Feels like there’s a large disconnect between what CT thinks institutional adoption of crypto will do and how institutions are planning to go about it.

@MetaMona_ I know, right?! I did enjoy seeing your content while you were traveling. ✈️

@metadavideth Thank you, my friend. I feel like I haven’t seen you around in ages.

OTW to take full advantage of the Eid Al Adha sales…🇦🇪 Don’t sleep on Dubai discounts. Good Morning.

@nickisanders $WETH

Which floor should I sweep?

@nickisanders Happy belated BTC pizza day!

Pizzaaaaaaa

@punk9059 You fafo’d the algo I kind of remember last WC you giving commentary on some games…are you saying we can’t expect the same this time

oh no, I commented on a post about the England World Cup team (something I know nothing about), and now the England World Cup team is all over my timeline.

@punk9059 bruh

Just got a ticket for driving in the left lane on a two lane highway. They said it’s only for passing. $100 and a point.

@tatthang @AudemarsPiguet And the shah of Iran 🇮🇷 was the first one to get it when it was released.

Audemars Piguet (AP) context for those who don't know. 1972. AP was dying. They hired a designer named Gérald Genta. He drew the Royal Oak in one night. The move: make a luxury watch out of stainless steel. At the time, luxury meant gold. Steel was the cheap material. They priced it above gold anyway. People said they were crazy. That watch became the most iconic watch in history. Today AP makes 53,000 watches a year. Rolex makes 1.2 million. AP pulls in $3 billion from those 53,000 units. That's about $49,000 per watch on average. You can't just walk in and buy one. AP runs a profile-based allocation. Purchase history. Loyalty. Relationship with your sales associate. Sometimes you have to buy other collections first just to prove you deserve a Royal Oak. That's the wall I talked about. Now they put their name on a $400 Swatch pocket watch. Riots in 6 countries. Same logic as 1972? Take the "cheap" option and stamp AP on it? Maybe. When Omega did this with Swatch in 2022, MoonSwatch at $260, they sold over a million units. Interest in the real Speedmaster went up 50%. Brand wasn't hurt. It was amplified. AP is betting the pocket watch isn't competition for the Royal Oak. It's a $400 ad for a $30,000 watch. The wall is still there. Now more people know it exists.

I get the need for security, but I still find it crazy we have stablecoins on L2s but not tokenized gold that is backed 1:1.

@DavidSacks Infinite AP glitch

Was thinking about getting a $40k Royal Oak. Will get this for $400 instead. 99% savings — thanks AP!

@kevinrose When I saw the word watch, I thought you were going to give a taken on the Royal Pop Swatch

Sheing is brilliant, one to watch/follow for sure. Trying out Grok-Wiki now.

After attending Consensus and then Digital Assets week, the theme that keeps coming up is tokenization of real world assets (RWA). This is something I talked quite a bit about on my pod in 2023. Biggest barrier back then was regulation and institutions taking it seriously. Landscape is catching up. Be ready.

@nickisanders Asking similar. They’ve pitched us to go, but… 🤷‍♂️

Blockchain Futurist Conference in Toronto this summer... should I go?

@punk9059 I say we tokenize them all and see what happens

The algo is feeding me a lot of posts about USA home-sellers far outnumbering home-buyers. The algo is also feeding me a lot of posts about young people wanting to buy houses but not being able to.