morph.

ethereum:0x514910771af9ca656af840dff83e8264ecf986ca I think I've reached a point where diversification is becoming more important to me. I waited until LINK.NYC to reassess but today, I sold 75% of my all ethereum:0x514910771af9ca656af840dff83e8264ecf986ca Avg cost of all those were $18. So taking the loss on those. I'm maintaining roughly 25% of my portfolio exposure through $GLNK shares and June calls. Still a substantial position and exposed to the asymmetry. My biggest investing successes came from concentrating heavily in a few asymmetric opportunities in the stock market where you are a direct shareholder. With Chainlink, my conviction in its business and critical infrastructure hasn't changed. But I've come to accept a legitimate risk: Chainlink's success doesn't necessarily guarantee LINK token value accrual like owning shares in a stock. This is a fact and a risk that one has to accept when investing in any crypto. Payment Abstraction and the Reserve are promising, but questions around tokenomics remain. ethereum:0x514910771af9ca656af840dff83e8264ecf986ca also trades with the broader crypto market, a space filled with misinformation and narratives that often overshadow fundamentals. I simply don't want my portfolio overly dependent on something this abstract, especially when I see other asymmetric opportunities with clearer paths to shareholder value. Opportunity Cost is a very real thing. Here's where I'm looking to reallocate the rest of my capital: $AMD: Going back to the one I was in from the 20s and sold in the triple 100s to rotate to Chainlink. Huge upside over the next five years. I believe this becomes a multitrilliondollar company. $HIMS: Significantly mispriced. A market cap repricing play where 10x over the next 3–4 years isn't out of the question. $NAUT: Big asymmetric bet. If execution goes right, the upside could be obscene. Have done a lot of DD on this and their latest earnings show they are goig in the right direction and the risk reward is really good at these levels imo. However, its still pre-revenue, so substantial risk and as a result size accordingly. $NFLX: Trading around 18x earnings at $62. I see significant value over a five year horizon. Already accumulating and will continue averaging down, with $54-58 being my absolute sweet spot. I'll also maintain 10–15% cash reserves for future opportunities. This isn't FUD. The bears haven't won. I still strongly believe Chainlink is one of the most misunderstood and biggest asymmetric opportunities in the market. I just don't know and no one knows when we see price movement and don't want all my capital exposed. But being right about the technology and being right about the investment aren't necessarily the same thing. I'll continue covering Chainlink alongside these other investments.

Honest question: how does the average person capitalize on this?

Honestly, I sold most of my spot crypto and offboarded today. It's just not worth the headache. I don't want to check every single headline about AI math and cryptography research wondering if I'm about to get rugged. I don't want to wonder if every ancient BTC address making a transfer is ECDSA being cracked. I had already refocused most of my time and energy on equities at this point, and Justin Drake's post just killed the rest of my desire to hold crypto. This isn't impulsive, I read hours of counterarguments. 1. People say this is incredibly unlikely. I just don't trust any human to predict the capability ceiling of superhuman mathematical AI. Have seen people be wrong about AI capability ceiling over and over. 2. What if I miss the next great bull cycle? Honestly, that's fine, there's plenty of other assets to trade with less stress of existential left tail risk. 3. People say that we would have bigger problems. Yes, I know that banks etc would also be at risk and society would be a clusterfuck, but the government should step in to save my money (and society) at that point. I don't know that they will for crypto. Plus, why would a malicious practitioner rather burn the whole world down over just stealing infinite crypto? 4. People say this is just like Quantum FUD. Nah, this is much more concrete and near term. This doesn't require a new scientific breakthrough, only the continued march of AI progress that we've been scaling on for years. I got into crypto as a techno optimist but there's other investment expressions of that now. The development of AI (and recently the intersection of bio x AI) is more intellectually interesting to me. Being in crypto feels like being short AI progress, and I do not want to be short AI progress. This is not investment advice, everyone should decide for themselves how they feel about the topic. I am just one random human being on the internet, expressing my thoughts.

What does 200k TPS look like? See for yourself.

THE FEDERAL RESERVE BANK OF NEW YORK HAS BEEN VISITING BIG BANKS TO REVIEW THEIR LOANS TO PRIVATE CREDIT FIRMS, WITH FED OFFICIALS GOING INTO JPMORGAN, WELLS FARGO, BARCLAYS AND MORGAN STANLEY WITH QUESTIONS ABOUT EXPOSURE, RISK MANAGEMENT AND COLLATERAL QUALITY - SEMAFOR

[ ZOOMER ] NEAR INTENTS EXPLOITED, SITE STATUS SHOWS ONGOING INCIDENT IMPACTING MULTIPLE EVM CHAINS: ZACHXBT

Little known fact but @chainlink was one of the first to build a LayerZero v1 DVN. 4 years later, @LayerZero_Core messages are still the #1 sender within their infrastructure. Cool to see the longevity here and shows just how sticky LayerZero is!

$Link 1 HR and 40 mins till Sergey sits down witg DTCC head Dan Doney. 114 trillion in assets under management... the quadfather of quadrillions itself!! Welcome to the big show Linklets.

IF YOU THINK MARKET TOPS HERE I GOT THREE THINGS YOU NEED TO HEAR 1 YOU A BITCH 22 FUCK YOU 333 HIGHER

Roaring Kitty wouldn't fake a hack, drop a memecoin, delete the posts, never publicly deny it wasn't him, all while 'the headband stays on' He wouldn't do that at all.. 😏 solana:7HgfXftRBBqsYtAEYcqjGLQrNJLL6Tww9ek4rE3Apump might be real tbh

DTCC's entire business is being a ledger. Fundamentally, they compete with L1s like Ethereum and Solana--at most, what they are doing in crypto could be seen as adding some bridges, like Solana having an Ethereum bridge or vice versa, or APIs, like a totally centralized bank being gracious enough to offer a heavily permissioned and expensive API into the bank. Ethereum and Solana should view DTCC and similar intermediaries like Broadridge as competitors, to be disrupted and destroyed by a superior, fully peer to peer technology. Ethereum people simping for DTCC to "tokenize on Ethereum" means asking DTCC to mint on Ethereum receipt tokens representing claims back on DTCC's ledger, which remains definitive in all respects. This would be like Solana people begging for assets to be tokenized on Ethereum and then bridged to Solana--fundamentally a very cucked mentality.