So weird to see Wall Street suits peddling bitcoin, Ethereum and on-chain assets on CNBC nonstop... and everyone's nodding along. Degens and outsiders have been saying the same thing since 2010ish and getting ignored/ridiculed. A few takeaways: 1. "Who's saying it" shouldn't matter more than "what's being said." 2. But it does matter. 3. There's something deep inside us that is programmed to trust our tribal leaders more than ourselves. 4. Most of us don't actually like to think for ourselves. We elevate others to a pedestal and outsource that work to them. 5. This isn't a net bad thing. It's just a reality. We can only truly become experts in 2-3 areas. So we have to rely on specific voices as our guides. 6. tldr: Choose your guides wisely. 7. Stay aware of where they're positioned in the adoption hierarchy. 8. A lot of crypto OGs knew the industry would change the financial system forever. But they didn't know the timeline. Now, that regs are changing, we do (bc it's happening right now). 9. Don't fear trade your way out of crypto. 10. Zoom out. 11. We're living through the biggest change to financial markets in any of our lifetimes. 12. Virtually all financial markets (and beyond) will migrate on-chain in the coming decades. 13. Get exposure to the migration and prosper.
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