I think there’s far too much emphasis on culture when it comes to religious dialogue. The 2nd largest religion in the world is practiced the same around the globe, regardless of culture.

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Zaheer

@SplitCapital

Feb 4

A lot of points on diversity + culture. I think what most people don't understand is that religion *has* to supersede culture otherwise it's not religion it's just another culture / fad. Go to the place where religion isn't tied to culture...

Someone will interpret this as a bullish case for bitcoin. It is not.

I’m quite convinced of this. Other religions will obviously exist to some extent but they will be minuscule in comparison and / or not practiced “meaningfully”

Fairly convinced the world will gravitate towards a singular religion and atheism. The term “religious” will default to one faith. …This is my only non-crypto tweet for this week.

Replying to

Because you only get one life

🎉 Big news: Nova is joining Handshake! 🎉 I'm so excited to announce that the Nova team is headed to

@joinHandshake

to further our shared mission to democratize access to opportunity and career growth 🚀

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Jummah Mubarak! Grateful for all that we’re given and all that we are. JM! 🥳

Greed

$SYN is one of the most misunderstood assets in crypto and offers one of the greatest re-rate opportunities as Synapse Chain launch approaches. Today Synapse is a leading cross-chain bridge. Tomorrow Synapse may become a leading rollup and cross-chain ecosystem 🧵.

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If "alpha" is still insider trading then we've got a long way to go.

Zaheer

@SplitCapital

Feb 2

Favorite headline:

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Bloomberg

@business

Feb 2

Fed officials are adamant that the inflation fight isn’t done. Investors don’t believe them trib.al/qkwhcaZ

This is about convicted bets not flavor of the month.

My team and I wrote 3 investment memos in the month of December: $LDO: Buy @ $0.94, Now: $2.13 $SOL: Buy @ $11.47, Now: $25.09 $SYN: Buy @ $0.57, Now: $1.23 Split Capital

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Zaheer

@SplitCapital

Jan 17

If you’re a fund investor in a liquid / directional fund and the fund was underweight $LDO, $SYN, $SOL in December then it’s time to reconsider your relationship.

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We’ll check back in 3-6 months.

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Breaking Market News

@financialjuice

Feb 1

FED'S POWELL: RATE CUTS WILL NOT BE APPROPRIATE THIS YEAR, ACCORDING TO MY FORECAST AND THAT OF MY COLLEAGUES.

The canto grift is some of the finest work I've seen. Truly remarkable.

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Zaheer

@SplitCapital

Jan 28

If we 'win' while playing dirty games then what did we really achieve? What answer will I give to 'him' when I'm questioned?

Consult your heart. Consult your heart. Consult your heart.

Zaheer

@SplitCapital

Jan 27

Original timeline: Even more interesting that this happened only 2 weeks after FTX. I’m sure it’s aged even better now..

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Blockworks

@Blockworks_

Dec 1, 2022

BlackRock's Larry Fink isn't going to let losing $24 million with FTX dampen his enthusiasm for the blockchain. Tokenization is still set to be the next generation for both markets and securities, Fink said at DealBook Summit. @shaliniX0 has the details blockworks.co/news/blackrock

Correction this happened a few weeks ago. Point still stands.***

Generally I don’t care about what most CEOs say because it’s just part of the pitch but Blackrock and Larry Fink generally don’t run the same playbook as most CEOs and don’t play into fads without some real conviction. +++

Didn’t get to watch this a week ago so I imagine some others weren’t aware either. It’s fairly perplexing to hear Larry Fink mention tokenization + DLT / Blockchain tech as the next logical iteration for securities / securitization.

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The Tokenist

@thetokenist

Jan 20

Blackrock is the world's largest asset manager with $10 trillion in AUM.

Blackrock CEO Larry Fink: "I believe the next generation for markets... for securities, will be tokenization of securities."

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On fridays, GM turns into JM

Jummah Mubarak 🥳 Happy Friday, grateful for a beautiful start to the new year and everything I’ve been given.

It really doesn't fail. $ETH

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getting messages from people who made tremendous wealth off this thesis but wealth isn't wealth until it's realized; it's not a crime to secure some profit from coins that pumped of this thesis when volume > marketcap, parabolas are often in final stages (h/t

@SplitCapital

)

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GCR

@GCRClassic

Jan 12

Some of the best performing coins will be the ones with the worst tokenomics, from the most predatory teams Lot of teams that launched in peak bear have been waiting desperately for more favorable conditions so they can deploy their bag of tricks and do some market manipulation

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Zaheer

@SplitCapital

Jan 25

This is it, InshaAllah. 1/25/23

Reflections On Contagion & The Rebirth Of Crypto Infrastructure

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TL;DR The entire trade is always forward looking. Rate hikes + pivots, same on both sides. The pause / pivot will see this tap out. The only narrative we look for now is: rate cuts but only after markets continually puke.

Worked out well. The more the pivot keeps working it's way in the more the trade will be over on the long-side. Someone called it an "echo bubble" or something?

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You want max pain? I'll show you max pain. Nov '21 inflation print --> 1st hike: -20% 1st hike --> 4.6% rates priced in: -12% Markets are forward looking. Markets are forward looking. Markets are forward looking. Markets are forward looking. Markets are forward looking. twitter.com/SplitCapital/s…

Moved the goal posts a little bit. Bottom is in generally. $BTC

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Zaheer

@SplitCapital

Nov 12, 2022

It is stupidly uncanny how similar this timeline has been to last “cycle”. November ‘17: Topping November ‘18: Bottom November ‘21: Topping November ‘22: ???

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Zaheer

@SplitCapital

Jan 23

Also the externalities and lines of business that will be the biggest beneficiaries. For now: Exchanges: - - - Custodians / OTC: + + +

Much of the capital formation / fund creation + management of the last 5 years is getting massively overhauled post-FTX, will make it tremendously more difficult to operate. Will write something longer on this, InshaAllah.

There hasn’t been this much divergence between institutional crypto and retail in a while. Retail / prop guys are definitely making the bulk of the gains but it’s because of something brewing on the institutional side that hasn’t been so pretty..

The longer the marquee L2’s other than Optimism [Arbitrum, Starkware, ZKSync] exist without tokens launched, the less relevant they become

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Zaheer

@SplitCapital

Jan 21

It’s so depressing reading responses like: - “this is what other markets are like” - “this is good for prices” - “this will always be the case” Such negative thinking is what causes this in the first place. Thankful that people aren’t actually in control, Alhamdulilah.

Just to be clear, it is a *good* thing that net prices are up from the lows and people can breathe. The *bad* part is that it will probably come with no lessons taken and nothing new learned and we’ll repeat this cycle again…

Maybe I was far too naive that people wanted outcomes that weren’t purely and only about financial gain. I can still hope but my optimism for people’s ultimate desires is waning.

My bearish tone lately is not related to prices or assets doing well. I’ve been fairly convinced for a while that the bottom has been in since November / December. The concern is rather the ethos of the space and the gamblers reloading the clip in perpetuity.

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