Pinned Tweet
Read and subscribe to Grayscale's crypto research blog The Stack grayscale.com/the-stack
5
7
34
10,924
Crypto works in practice
This paper is another reminder from the BIS that it does not work in theory
This paper is another reminder from the BIS that it does not work in theory
A new BIS Paper traces how money works: from a single payment, a hierarchy of promises are held together by par, elastic credit is disciplined by funding, and public backstops make trust at scale possible. It holds lessons for new forms of money. bit.ly/3TRDMp2
1
0
1
852
Lots of interesting points in the paper though. And the author nails the current problem with fiat currencies.
0
0
0
329
Why leave the leather shoes behind and go all in on crypto?
1. The asset class, in my view, offers the highest expected returns across all markets given the economic, social, and technological forces reshaping our world
2. There was not that many people doing rigorous investment research, so I felt I had something to contribute
1. The asset class, in my view, offers the highest expected returns across all markets given the economic, social, and technological forces reshaping our world
2. There was not that many people doing rigorous investment research, so I felt I had something to contribute
Time to move the Wall Street shows into the attic. There’s no going back.
1
3
37
2,829
Zach Pandl retweeted
Most overnight successes aren’t in fact, overnight. 🎉🎈🎂
9 years ago, we launched the first Zcash $ZEC trust
1
3
15
675
Physical Bitcoin mentioned
Last month, we demonstrated high-rate alchemy: turning mercury into real, stable gold, beating CERN’s record by a factor of 10.
Last week, we enriched isotopes in the world’s most powerful plasma centrifuge, beating the Soviet record that stood for 40 years.
Now, we’re building Francisco to achieve record power density.
1
0
10
1,020
Zach Pandl retweeted
"Token Value Accrual" is one of the most commonly used phrases... but what does it really mean?
The relationship between capital returns (buybacks, burns, staking) and token supply (vesting, emissions, etc.) is critical to evaluating token valuation analysis.
The relationship between capital returns (buybacks, burns, staking) and token supply (vesting, emissions, etc.) is critical to evaluating token valuation analysis.
Top 10 Tokenholder Yield: $HYPE, $LIT, $CAKE, $AERO, $UNI, $RAY, $PENDLE, $AAVE, $JUP, $CRV
Top 10 Adjusted Earnings Yield: $CAKE, $LIT, $HYPE, $RAY, $AAVE, $JUP, $SKY, $UNI, $AERO, $PENDLE
Crypto valuations don’t have to rely on narratives alone. Many crypto assets can be ows, earnings, and capital returned to tokenholders. Read more on The Stack: grayscale.com/the-stack/brin…
1
1
3
378
Zach Pandl retweeted
Top 10 Tokenholder Yield: $HYPE, $LIT, $CAKE, $AERO, $UNI, $RAY, $PENDLE, $AAVE, $JUP, $CRV
Top 10 Adjusted Earnings Yield: $CAKE, $LIT, $HYPE, $RAY, $AAVE, $JUP, $SKY, $UNI, $AERO, $PENDLE
Crypto valuations don’t have to rely on narratives alone. Many crypto assets can be ows, earnings, and capital returned to tokenholders. Read more on The Stack: grayscale.com/the-stack/brin…
Top 10 Adjusted Earnings Yield: $CAKE, $LIT, $HYPE, $RAY, $AAVE, $JUP, $SKY, $UNI, $AERO, $PENDLE
Crypto valuations don’t have to rely on narratives alone. Many crypto assets can be ows, earnings, and capital returned to tokenholders. Read more on The Stack: grayscale.com/the-stack/brin…
38
90
529
62,184
Zach Pandl retweeted
*most things are DCF.
Love that this topic is (finally) becoming more prominent in this asset class.
Check this out from @Grayscale
Crypto valuations don't have to rely on narratives alone. Onchain applications generate measurable economic value through earnings and capital returns, providing investors with a foundation for fundamental valuation.
@LowBeta @charlieperk4 🤝
grayscale.com/the-stack/brin…
Love that this topic is (finally) becoming more prominent in this asset class.
Check this out from @Grayscale
Crypto valuations don't have to rely on narratives alone. Onchain applications generate measurable economic value through earnings and capital returns, providing investors with a foundation for fundamental valuation.
@LowBeta @charlieperk4 🤝
grayscale.com/the-stack/brin…
1
1
8
431
Fitting that Bitcoin Bad Boy played at the Chain Theatre
It was a super fun story about Bitcoin, memecoins, pardons, and true believers
Last show is on Sunday
It was a super fun story about Bitcoin, memecoins, pardons, and true believers
Last show is on Sunday
The former managing editor of CoinDesk is putting on an off-Broadway play called Bitcoin Bad Boy
It sounds hilarious
Tickets and info: tickets.inferno.works/events/inferno…
2
1
5
1,014
Zach Pandl retweeted
Graphics Processing Unit (GPU) rental prices are hitting new highs, yet compute stocks are sitting near one-year lows.
As AI agent demand continues to accelerate, compute scarcity is set to deepen.
The Grayscale AI Compute ETF $GCPU offers exposure to the businesses powering arn more: etfs.grayscale.com/gcpu.
As AI agent demand continues to accelerate, compute scarcity is set to deepen.
The Grayscale AI Compute ETF $GCPU offers exposure to the businesses powering arn more: etfs.grayscale.com/gcpu.
7
12
85
19,282
