Apartment tour…. Aka rehab center

[A baby investor's journal] I've been reviewing multiple decks for BTC, ETH, and SOL treasuries. It's clear the institutional wave of DATs is in full swing with firms diversifying across majors. It feels saturated at times, and I'm skeptical this trend will continue if the treasury companies don't begin to differentiate themselves. The strategy is both high reflexive up and down. The potential game changer is Trump's Strategic Crypto Reserve, which includes ~$24B of BTC and ETH, SOL, XRP, and ADA. I think there will be a flight to quality where there will be regional successes for BTC but only a handful of winners in ETH and SOL that are led by the strongest teams and investment strategies. In particular yield-generating assets like SOL, both from staking and DeFi, can drive altcoin treasury adoption even as BTC continues to shine.

If you ever feel lost or small, go outside and look for the moon. It won’t solve anything, but it will give you perspective. Sometimes it makes your problems feel tiny. Sometimes it just reminds you there’s more out there than what you’re stuck in right now.

It’s easy to throw stones from the outside. It’s harder to build something that lasts.

The longer I sit with the idea of happiness, the simpler it gets. It’s not about chasing the next win, or collecting things you’ll stop noticing in a week. It’s about waking up inside a life that feels like it’s truly yours. A life you’d pick again, even if you could start over. Where your joy isn’t on loan from someone else’s praise, and your worth doesn’t dangle on the hook of the next achievement. Because if it’s anything less than that is not really living.

Some more mother and daughter content because I find us ridic

Another existential crisis (for my cat) on a Sunday

2 years ago, I started slowly replacing things in my mom’s house. I wanted her to have nice things. But I couldn’t afford it all at once so I started small… appliances… the rug.. the stools.. the coffee table. Even the trash can. And then I started adding things. Throughout the whole process, we’d argue. Mostly over how things “didn’t fit” or “didn’t look right”. And I’d ask her to please trust the process. Maybe it’s the distance that makes the heart grow fonder but today she texted me this and I cannot miss her more.

On a 1:1 today, someone said to me, “if someone offered you 10M today but you’d die tomorrow, most people would forfeit the 10M to live.” And I really liked that.

Microstrategy became so absurdly successful from something so widely perceived to be ridiculous, that it legit spawned a global arms race to buy our coins. Striking how many ambitious financiers now want to be the next Saylor and are cooking up ways to build the next $100B+ crypto treasury.