Separating theory from praxis shows there is very little difference between the two in terms of value accrual.

Think of bankers as javascript running really, really slowly and expensively. Glacially completing smart contract tasks. DeFi is a superior economic model.

Fed control is a mass delusion. Recognizing it will be both uncomfortable and liberating. You’ve never inspected their claims, have you? Let's do that.

You must view tragic experiences holistically. You just lost something, but what did you get to keep?

Models try to give a lens into the future, to make it predictable. BUT… some things cannot be modeled. We really hate that.

Crypto Market Wizards is RabbitX’s series of interviews with professional DeFi traders.

AI technical superiority becomes a moot point when humans are the arbiters of what's valuable

Ethereum is the most important infrastructure in the world: both for what it is and what it can be. And it will never be enough. There must be other layer 1s.

“Companies get the shareholders they deserve”. What management and the board emphasize and cater to is responsible for the type of person the company attracts as investors. This applies equally to DeFi projects and their tokenholders.

The Fed: Part 1 covered the psychological priming of the Fed and why QE isn’t money printing, but a headline-grabbing manipulation. So what happens to bonds after they're swapped on the Fed's balance sheet? They're sent to the graveyard.