Every atomic assertion extracted from the underlying record, ranked by evidence strength.
AI is displacing the human brain.
Stats worries 100 times more about crypto security than Chase Bank security.
ETH has become public enemy number one on Stats' timeline.
The problem with going down 90% is you can do it again.
The fundamentals of ETH feel weak.
Bitwise and 21Shares bought $16 million worth of hype in the last 24 hours.
Other PFP projects and generative art projects are struggling due to too much supply and recent losses.
The big thing missing for AI products is attention and distribution.
Hype brought perps trading into their book, which kicked off its narrative.
Crypto Twitter has transitioned its focus from majors to hype.
Everything is working for the hype narrative right now.
Hype has cash flows, a big user base, and narrative.
The idea of a new buyer base coming for crypto assets is a dead narrative.
2021 NFT optimism is hard to repeat.
Bijan Maleki is the RV community manager, filling in for Mando.
Regulatory things are creating a better narrative for hype globally.
ETH has held its $2,000-$3,000 range for a few months.
Andreessen Horowitz is saying positive things about hype.
Hype hit an all-time high yesterday.
Bored Apes floor price is currently around 9 ETH ($20,000).
The L2 narrative for ETH has died.
DeFi has taken big hits due to AI hacks and poor risk-reward.
Members of the ETH Foundation are leaving.
There have been big institutional sellers of ETH.
The ETF narrative, a tailwind for ETH, is now tired.
The idea that Bitcoin's rise would lead to ETH's rise is dead because other assets have ETFs now.
The skills Stats finds important now are building a trusted brand.
NFTs making a comeback will look different than 2021.
AI can help with social media and attracting clients.
The cultural technology wave of NFTs proved to be less strong than hoped.
The Walmart partnership for Pudgy Penguins was more for news flow and branding than for revenue to buy back NFTs.
Stats believes crypto is more of a momentum space than a contrarian one.
Hype has taken over as the darling child of the crypto space.
Eli Scheidman is seeing interest in Xcopy and CryptoPunks.
Strength is seen in the CryptoPunks market, with the floor at 33 ETH ($70,000s USD).
The model of NFT projects finding outside revenue sources and sustainable ones has no single success story.
Hype is using profits/revenue to buy back its own token.
NFT project teams often use revenue to grow the business, not to buy back NFTs.
Pudgy Penguins is talking about a potential IPO, which means revenue would go to shareholders, not NFT holders.
The use case for NFTs that has worked is collectibles and people feeling connection to the art, project, team, and traits.
Many people are sitting on losses in NFTs.
AI is the current narrative and buzz in the space.
People are making money from AI trades.
Stats was at Uber, which was disrupting how the world moves.
Uber used a technological edge, regulatory indifference, and a willingness to break the law to displace the taxi industry.
Uber had billions of dollars to create network effects through brute force.
AI feels like a totally different category than Uber's disruption.
There is a lot of supply created in NFTs in 2021-2022.
AI is doing everything humans do, but better, in many ways.
We are not yet there with robotics or fully with the thinking side of AI.
AI touches literally everything.
With AI, pretty much anything you want to make in software can get a working model up quickly.
Hype has one of the better cash flow arguments in crypto.
AI cannot build distribution for you.
Bitcoin is not going anywhere.
Guys like ThreadGuy, Clemente, Easy Raul, and Mando have power due to attention in the crypto space.
Alex (formerly NFT God) is sharing his open Claude journey, building apps and products publicly.
Gary Vee says the easiest way to start something is to learn and publicly share the journey.
Stats is a CryptoPunks OG and was one of the first 50 employees at Uber.
Monarch Core is available for half off at $50 for the first year with promo code REALVISION.