Jeff pfp
Jeff
@jeff-xyz
I don’t think most people see the real conflict right now. Crypto and Web3 are making noise (lol, noice). TradFi has been watching for years, but now they’re finally talking. My guess is they want retail to start piling in. Is that good? I dont know.. maybe? There’s the old Chinese story I keep thinking about: A farmer’s horse runs away. Neighbors say, “That’s terrible.” He says, “Maybe.” The horse comes back with wild horses. “Great news.” “Maybe.” His son breaks his leg trying to tame one. “Awful.” “Maybe.” Then the army shows up to take young men to war and his son is passed over. The point is, we don’t know what anything means when it happens. Could be good. Could be bad. Time reveals the truth. Right now, everyone’s hyped. BlackRock, Fidelity, Visa, JPMorgan, and Robinhood are all in. Feels like we made it.. But I’m not buying it, yet. Custody is centralizing. Privacy is fading. Self-sovereignty is getting traded for convenience. The same intrusive surveillance rails are being rebuilt onchain. Is this the kind of adoption we wanted? Is this what the tech was meant for? It’s concerning. Robinhood’s team, including Vlad, is now trying to position itself as a Web3 leader. It’s worth remembering they were at the center of the GameStop freeze. You may remember, they took away the buy button for GME & AMC? They halted trading while working closely with market makers like Citadel, whose incentives were clearly not aligned with retail. That was 2021, not ancient history. Does that sound like the future we want? Are we building something better, or just handing old power a better set of tools? We don’t have to call it bullish or bearish. Just think we need to pay more attention. Maybe it’s good. Maybe not. We’ll see.
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sardius.eth
@sardius
great take my man
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Catch0x22
@catch0x22.eth
the market will decide at most they're competing with binance and coinbase for now meta is very likely to have a stablecoin imo
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SQX
@sqx
It’s over. Big tech already won. Buy ₿. Join a side. (We did. We chose Coinbase. ) Tradefi simply doesn’t care. They can take over the entire opp with funding from bonds. Fink and Blackrock . Dorsey. Thiel. They have been inside the house the whole time. And they excel at positive sum coordination. They laugh at our cabals .
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AzFlin
@azflin
First time I’ve heard anyone call robin hood coming in bearish lol
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Biggydaddy.eth
@biggydaddy
It’s easy to get caught up in the hype, but not everything loud means it’s good. I’m just trying to stay alert and ask the right questions too.
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SMHSINCE91
@smhsince91
This was really interesting to read and I think you made some really good points.
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Elias VM
@eliasvm.eth
this is what we came for 👏 👏 👏 50👏
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Garrett
@garrett
great reminder eyes on the prize
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Koolkheart
@koolkheart.eth
Not bearish, not bullish. Just watchful. That’s where I’m at too
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Ghost 🎩
@ghostbo4.eth
Yoo i’ve heard that story good one
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MAIN
@maindex
lol noice ok banger
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JC
@jonathancolton
Amen!
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ayo.eth
@ayotvnd3
Thanks for sharing
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