BC ALL
Saved by @olaotantc

Pantera Capital just released their 2023 outlook report: "The Year Ahead".

It's packed full of alpha.

I read through its 10,000 words so you don't have to.

🧵: Here are the top 10 takeaways. 👇

 This thread will be broken up into 5 parts:

1. Crypto Market Outlook: @joeykrug
2. State of Blockchain Venture: @veradittakit
3. BlockChain Infrastructure: @_will_reid
4. Structurally Safe DeFi: @chiajy2000
5. @PanteraCapital's 2023 Fund Overview
-- CRYPTO MARKET OUTLOOK by @joeykrug --
1. DeFi is the foundation for the next crypto cycle.

Centralised entities failing due to hacks, greed, or illegal activity is a "tale as old as financial markets."

"Actual crypto, like on-chain, smart contract, protocol-based crypto really mitigates these problems."
"It seems fairly evident that the historical arc of the world’s financial rails will end up as blockchain-based systems using smart contracts."

"Despite lower prices, I think the space is clearly in a much better position than ever."
Why? Because:

• We finally have scalability solutions that enable transactions with sub-ten cent transaction fees.

• It’s much easier to write smart contract-based systems now compared to last cycle.
Joey's vision:

"The average person will have apps on their phone that give them access to DeFi, where they’ll be able to engage in financial transactions without banks/brokers, with lower fees, global liquidity, and markets operating 24/7. The internet, but for finance."
For DeFi to reach this stage, these 2 problems need to be solved:

1. Increasing liquidity within and for the DeFi ecosystem.

2. Making DeFi as easy as possible to use.
Joey states 2 solutions to the liquidity problem:

1. More institutional asset custodians that support using Ethereum directly.

2. Aggregate liquidity across multiple chains, Layer-2s, and liquidity pools on those chains.
As for the usability issue, there are 3 possible solutions:

1. Improve Wallet UX (with enhanced mobile support).

2. Allow gas fees to be paid in other tokens instead of $ETH (economic abstraction).

3. Create better fiat on-ramps that can integrate natively with dApps.
-- STATE OF BLOCKCHAIN VENTURE by @veradittakit --
1. Despite the bear market, private market deal activity continued (but slowed towards Q4).
2. DeFi is venture capital's biggest investment sector, followed by Gaming.

For DeFi, infrastructure, derivatives, and institutional DeFi products were key areas of focus.
3. NOW is the time to start a web3 business.

"We believe this is a tremendous time to start a company in the blockchain space."

"Talent is more educated and passionate about the industry than in previous cycles. A plethora of capital has been raised and is awaiting deployment."
-- BLOCKCHAIN INFRASTRUCTURE by @_will_reid --
1. The importance of The Merge can't be overstated.

"Ethereum’s Merge is one of the most technically impressive software updates ever performed."

It has:

• Reduced inflation
• Improved transaction inclusion times
• Vastly reduced its electricity consumption
2. The Merge is just the beginning. Ethereum's development is far from complete.

The period of most rapid change is ahead of us.

@VitalikButerin shared this graphic at EthCCParis in 2022.
Ethereum’s upgrades can be divided into 6 distinct sections: The Merge, The Surge, The Scourge, The Verge, The Purge, and The Splurge.
3. L2s are only getting stronger.

• Arbitrum has had a 516% growth in active developer teams since January.

• Cumulative volume on StarkEx platforms has more than doubled to $795 billion from a little over $300 billion at the start of the year.
"Looking forward, L2s will need to contend with the implementation of EIP-4844 , which is expected to reduce rollup fees by a factor of 10-100x."

"However, the ecosystem could equally benefit from the end of costly alt-L1 incentive programs that are running out of funding."
4. Interoperability is still a major pain point.

Over $2bn was lost in bridge hacks in 2022, accounting for over 70% of total crypto hacks for the year.

Bridges can either be natively or externally verified.

Most bridges so far have been externally verified.
"But the rise of natively verified bridges, such as IBC, could prove to be the antidote to the bridge hacking issue."

"IBC saw enormous success in 2022, emerging as the de facto bridge for Cosmos and one of the top three crypto bridges by volume."
The Merge and recent advancements in ZK-tech have also created a possible path for IBC to be launched on Ethereum.

Zero-knowledge based bridges could also be a solution to building native bridges, "and have seen considerable attention in the final quarter of 2022."
-- STRUCTURALLY SAFE DEFI by @chiajy2000 --
1. We can't eliminate criminally greedy actors, but we can reduce their ability to succeed.

"In order to succeed, DeFi must be able to protect user funds with only code - and in an increasingly adversarial, open global environment."
There are 3 pillars to do so (creating structurally safer DeFi)

1. Programming and code as “the executor”
2. Traditional legal structures and regulations — law as “the guarantor”
3. Market expectations as “the filter”
2. "2023 will see the bifurcation (splitting) of regulated and censorship-resistant infrastructure."

Some dApps will come under increased regulatory scrutiny, highlighting the importance of building "credibly neutral infrastructure" that has an element of censorship resistance."
3. "We should expect to see more real-world yield and fixed-income assets grow on-chain."

Crypto can unlock global liquidity by "providing real world assets for customers all over the world in ways that traditional fintech institutions are constrained."
"Just as the last bull market was a catalyst for alternative investment platforms, so too will this bear market be a catalyst for a new wave of safer investment instruments."

This is a vast crypto use case that, to this date, is largely untapped.
-- PANTERA CAPITAL FUND OVERVIEW 2023 --
Pantera Capital is First U.S. institutional asset manager focused exclusively on blockchain technology.

Lead by @dan_pantera, they have multiple funds focusing on venture equity, early-stage tokens, and liquid tokens with over $3.8B AUM.
This is what their portfolio looks like in 2023.

It's segmented into 5 categories: An early-stage token fund, a blockchain fund, and 3 venture funds.
I highly recommend reading the "The Year Ahead" for yourself.

Well done to all the writers and editors for creating a great report.

Let me know what you think of the report in the comments, I'd love to hear your thoughts!

https://t.co/l6PytWo4t4
If you enjoyed this thread, follow me @milesdeutscher for more content like this.

Also, Like/Retweet the first tweet below if you can. 💙 https://t.co/TgfRFT51aw

More from All

Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
MAHARAANI TARARANI: THE QUEEN OF MARATHAS

Rani Tarabai was the brave daughter-in-law of Chhatrapati Shivaji and one of the greatest medieval Monarchs India ever had.
She was born in 1675 to one of the bravest commander-in-chiefs of Shivaji's Army named Hambir Rao Mohite.


Tarabai was just 8yrs old when she was married to Shivaji's younger son, Rajaram. Mughals and Marathas were constantly at war with each other. Shivaji was crowned the ruler of the Independent Maratha Swarajya in 1674 which was established by him.


However,the great leader died in 1680&the Maratha Samrajya went into a complete&total chaos.Marathas saw some very tough times ahead. In 1689,when Raigad Fort fell to the Mughal Army of over 15000,Shivaji's first wife Saibai and his elder son Sambhaji were captured&put to death.


Sambhaji's wife and son Shahu were taken prisoners to the Mughal court. During the same battle, Shivaji's second son Rajaram(Tarabai's husband) , who was the heir to the throne now, managed to escape using a disguise. He made his way to the Gingee Fort in Tamil Nadu.


Mughal General Zulfikar Khan, however, followed them to Gingee laying siege to the Gingee Fort. From 1690-1698,This was the longest siege by a Mughal Army of any Fort which stands testimony to the military and diplomatic credentials of Rani Tarabai.
ALL
Lakshminarayan G
Lakshminarayan G
@narayanagl
The Chanting of following names of Bhagwan Vishnu, immensely helps us in overcoming the obstacles in our daily life.
These names are from Sri Vishnu Sahasranama!
|. "Om Vashatkaaraaya Namaha" : For Success in Business.
||. "Om Aksharaaya Namaha" : For Success in Studies.


|||. "Om Bhuthabhavanaya Namaha" : For Good Health.
|V. "Om Paramaathmane Namaha" : For Self Confidence.

Src: VAK magazine from Chilkur Balaji Temple, Hyderabad - Sri @csranga
#SanatanaDharma #SanatanaSanskriti #Sattology

One needs to chant the following slokas 28 times to get rid of certain problems in life.
Om Hrushikesaya Namah - For Overcoming Bad habits
Om Vashatkaaraya Namah - For Success in Business, Interviews, visa interviews, building relationships


Om Srimate Namah - For Handsome appearance & wealth
Om Aksharaya Namah - For Education & better financial strength
Om Paramatmane Namah - For self employed people, for promotions and success in games.
Om Putatmane Namah - To remove mental stress & for mental peace


Om Sarmane Namah - For Job Satisfaction
Om Bhutadaye Namah -To amend soured friendship or any personal relationship
Om Dhatre Namah - For issueless couple
Om vidhatre Namah - Pregnant Ladies to Chant for healthy babies.
Chant the following 108 times :
ALL
Advertisement
\u0936\u094d\u0930\u0940\u092e\u093e\u0932\u0940 \u0939\u093f\u0924\u0947\u0936 \u0905\u0935\u0938\u094d\u0925\u0940 \U0001f1ee\U0001f1f3
श्रीमाली हितेश अवस्थी ...
@HiteshAwasthi89
#Thread
An interesting story of Kamala Devi hazarika for all Sanatanis...🙏

A Xtian missionary was sent to Assam for the promotion of religion. His name was Cruz. He came across to one the boys from an influential family in Assam to teach him English.
@noconversion

Cont 👇


The p@stor slowly began to study the house and he learned that the boy's grandmother was the most influential person in the house. So he thought 'Corrupting the grandmother's mind can make the whole family Xtian as well as the whole village.

Cont 👇


The p@stor began to tell Grandma the stories of how J€$u$ cured leprosy of lepers, how He gave sight to the blind, etc..But after listening to him, the strong Sanatani grandmother said. A stone turned into a living woman (Ahalya) for our Rama when he touched the stone.

Cont 👇


She spoke of Rama setu where stones floated in sea just by writing his name on the stones and that they are still floating today.
The p@stor continued his efforts but all his tricks went in vain.

Cont 👇


One day he had brought a cake from the church and he thought of offering it to grandmother but he was doubtful that she would eat it. But contrary to his expectation, she took the cake and ate it.

Cont 👇
ALL
Ranbir Singh \U0001fa9e
Ranbir Singh 🪞...
@ranbirsinghlive
Giveaways are smashing the Twitter algo.

I've gained dozens of followers & newsletter subs.

Small accounts NEED to use them.

They drive growth, but also experience & trust.

Because a Twitter giveaway is a mini-product launch.

Steal my blueprint to create 1 in an afternoon🧵


The phases of a Twitter giveaway launch:

1. Ideate
2. Build
3. Promote
4. Deliver
5. Follow-Up

Let's break them down:

IDEATE

Grab a piece of paper and write down 3 lists:

1. Concepts you've learned in the last WEEK
2. Problems you've solved in the last MONTH
3. Questions you've been asked the most in the last YEAR

You're Twitter giveaway is somewhere on these lists...

FILTER

Combine the best from your 3 lists into 1 based on these criteria:

1. Quickly actionable
2. Easily explainable
3. Broadly relatable (beginner)

Once done, you're going to pick ONE that sings to you the most.

But don't throw out the rest. They'll be your next giveaways

BUILD

Pick 1 the easiest medium to convey your idea:

• Loom video
• Checklist (Notion)
• Written guide (Google Doc)

Give yourself ONE HOUR to script & edit your giveaway.

You get an additional 15 minutes to record, if applicable ;)
ALL
Angela Jamison
Angela Jamison
@AnJamison
@FeistyLibLady @jamie_raskin @buzz\_chronicles @buzz\\\_chronicles @buzz_chronicles save as category @pdfmakerapp grab @pdfmakerapp grab this @readwiseio save @readwiseio save thread @threader compile summarize @Threadreaderapp unroll please @ttttreads unroll @unrollthread.com @SaveToBookmarks
ALL

You May Also Like

Patrick McKenzie
Patrick McKenzie
@patio11
It’s underremarked upon that stablecoins accomplish basically all of the original design goals for Bitcoin qua a transactional mechanism (instant free value transfer anywhere), but that nobody cares about this because nobody ever cared about that part of the pitch.

“Why do people care about stablecoins then?”

A mix of “they encourage dollar-denominated liquidity in the cryptocurrency ecosystem and discourage withdrawal of the same” and “they’re good for money laundering.”

“But they make value transfer between exchanges much faster!”

This was a solved problem in traditional finance, too, mostly through the extension of credit. (It doesn’t matter how long settlement takes if there is sufficient trust to enable credit.)

The Bitcoin ecosystem is *positively allergic* to credit, so you have to call it a coin for them to accept it. And after you call it a coin they ignore everything the world has learned about credit, like risk management.

“Stablecoins aren’t credit!”

They’re pretty much exactly credit? A tether is a zero-coupon Bitfinex bond with a non-functioning call option. I
TECH
Dr. Jane Clare Jones
Dr. Jane Clare Jones
@janeclarejones
So, on the subject of bonkers hyperbolic pretzeling over the Bell judgement, Grace 'destroy books I don't like & make inappropriate jokes about sterilising teenage girls' Lavery has some thoughts.

Tell me why my feminism is wrong Grace.

Oh

Well, if anyone thought the Bell judgment was going to make TRAs reconsider making massively overblown claims with no evidence backed up with nothing but a thick wadge of emotional blackmail.... HAHAHA, no one thought that.


A high court in the UK made a delimited judgment about teenager's ability to consent to puberty blockers. This puts all trans people everywhere in the world at risk.

Because if any human anywhere has any thoughts that deviate in any way from the rote line dictated by

the trans rights movement, this puts all trans people everywhere in mortal danger.

Let's be honest Grace. It doesn't put trans people at risk. It puts trans ideology at risk. Because trans ideology depends on the idea of innate gender identity, and the trans child is the

necessary material evidence of the ontology of gender identity.

That is, children are being medicalised to provide evidence to underwrite adults identities.

Nothing to see here.
LAW
Advertisement
Aditya Todmal
Aditya Todmal
@AdityaTodmal
A Thread on the Boss himself @Mitesh_Engr

Mitesh Sir's Positional Option Selling 101:

• How to find direction
• Which options to sell
• How to deploy capital
• Exit criteria
• What ROI he targets weekly
• What % risk he takes

Done with the help of @niki_poojary


How @Mitesh_Engr Sir finds the direction?

• Daily charts S/R
• 75 min charts S/R
• Intraday trend
• Always play directional
• Never trades in strategies


Which options to sell in weekly expiry according to @Mitesh_Engr?

• Weekly candle High/Low
• Sell 1% away options from those
• Exit when levels breached


Position Sizing by @Mitesh_Engr Sir.

How to deploy your capital?

• First sell 20%
• Pyramid the next day
• When to exit
• What to do when view goes wrong
• What to do with idle capital


Some important tweets of @Mitesh_Engr Sir

• What Data to look at
• ROI for safe players per month
• Max risk per day
• Gather knowledge and play directional
• Never play strategies
OPTIONS LEARNING , ALL , MPLEARNINGS
Simon DeDeo
Simon DeDeo
@SimonDeDeo
Donna Strickland, one of this year's Nobel Laureates, was not considered "notable enough" for Wikipedia as late as this May—reported by a number of sites, including the Independent. I dug into this a little. Here's the data—


This is the first deletion, back in 2014. A bit hard to read between the lines, but the basic story that an admin had Stickland's page "speedy deleted"—i.e., deleted without debate. The method was something called Copyright Jujitsu.

In particular, the admin had the page deleted not because of notability, but because it included a photograph of Strickland that had ambiguous copyright status. This is a method that people developed to get rid of content they didn't want, but also didn't want to debate.

"Copyright Jujitsu" because it is usually used against spam from companies; a PR officer uploads promotional material to Wikipedia. Instead of debating whether it's neutral, the admin can say "we'd love to have it, but the material appears to violate your company's copyright".

Usually the PR office and the IP office are separate in a company, and the idea of releasing promotional material under public domain is such a legal nightmare that the PR person goes away.
ALL
Ramsay Rippers \U0001f354
Ramsay Rippers 🍔...
@RamsayRippers
🧵EMA + VWAP STRATEGY

Every trader has a go-to strategy that works best for them. My trading is all about keeping it simple stupid and revolves around two indicators - Exponential moving averages and vwap.

Here's the strategy that I utilize on nearly 80% of my trades.

👇

What are Exponential Moving Averages?

EMA's are a type of moving average that places a greater weight on more recent data points.

8EMA = Exponential Moving Averages of the last 8 candle closing prices.

EMA's adjust with respect to chart time frame.

What is VWAP?

Volume Weighted Average Price - A key intraday indicator in my trading that offers the true average price based on price & volume.

Calculation: (Price x # of shares traded) / total shares traded

EMA's I use

- 8
- 21
- 50

While I do utilize the 50EMA, the 8 & 21 EMA are most important for this strategy. Some people use the 9 and 20 which are essentially the same thing. REMEMBER: EMA'S adjust with respect to time frames.

A+ Set Up Criteria - (What I look for)
STRATEGY