Optimistic storyteller of frontier technology. The chaotic side of @Bankless
New York, USA
Joined April 2018
- Tweets62.9K
- Following2.1K
- Followers262K
- Likes61.4K
David Hoffman retweeted
How much $BTC money could actually flow into $ZEC?
@koolkrypto223 sees the opportunity, but raises a big question:
“It’s not that hard to see a couple percent of Bitcoiners saying, ‘You know what? Just in case quantum’s a problem. Just in case I need this privacy feature.’”
“The problem is, to what degree has that already happened and priced in?”
“Are we already at that point? Is that point another couple multiples away from here?”
“The big fundamental driver there is ultra-high-net-worth individuals who value that privacy.”
NEW EPISODE - How a Top 100 Hyperliquid Trader Finds the Next Big Trade
@koolkrypto223 rarely uses more than 1x portfolio leverage. His approach? Avoiding blowups, spotting mispriced assets, and staying in the game long enough to capture the big opportunities.
He joins @TrustlessState to break down how he finds undervalued crypto tokens, why he favors $LIT over $HYPE in the short term, the bull and bear cases for @Zcash, and why crypto options could be the next major growth market.
CHAPTERS
---
0:00 Trading Without Blowing Up
05:25 KoolKrypto and the Revenue Meta
10:53 The Bull and Bear Cases for Zcash
24:16 Options vs. Perps
30:08 Valuing Crypto Exchange Tokens
37:09 Hyperliquid vs. Lighter
47:17 The Crypto Options Wars
56:55 The Next Crypto Inflection Point
David Hoffman retweeted
After studying Hyperliquid’s top traders, @koolkrypto223 highlights what the P&L leaderboards don't show:
“You just don’t know what’s going on across the board. I might be long 50,000 HYPE on there, but I might be short somewhere else.”
“A lot of guys will whale watch and see the biggest P&L of today. That guy was just farming funding rate, essentially.”
“There’s some signal, but you definitely have to contextualize it. Is this actually delta-neutral? Are they actually taking directional trades?”
NEW EPISODE - How a Top 100 Hyperliquid Trader Finds the Next Big Trade
@koolkrypto223 rarely uses more than 1x portfolio leverage. His approach? Avoiding blowups, spotting mispriced assets, and staying in the game long enough to capture the big opportunities.
He joins @TrustlessState to break down how he finds undervalued crypto tokens, why he favors $LIT over $HYPE in the short term, the bull and bear cases for @Zcash, and why crypto options could be the next major growth market.
CHAPTERS
---
0:00 Trading Without Blowing Up
05:25 KoolKrypto and the Revenue Meta
10:53 The Bull and Bear Cases for Zcash
24:16 Options vs. Perps
30:08 Valuing Crypto Exchange Tokens
37:09 Hyperliquid vs. Lighter
47:17 The Crypto Options Wars
56:55 The Next Crypto Inflection Point
It was great getting to know @koolkrypto223, and to learn how he thinks/analyzes the market
We get into:
- Is ZEC too consensus?
- $HYPE vs $LIT vs $DRV
- How he uses onchain data, and why whale-watching is dumb
- Growth of onchain options
Really good ep, take a listen!
NEW EPISODE - How a Top 100 Hyperliquid Trader Finds the Next Big Trade
@koolkrypto223 rarely uses more than 1x portfolio leverage. His approach? Avoiding blowups, spotting mispriced assets, and staying in the game long enough to capture the big opportunities.
He joins @TrustlessState to break down how he finds undervalued crypto tokens, why he favors $LIT over $HYPE in the short term, the bull and bear cases for @Zcash, and why crypto options could be the next major growth market.
CHAPTERS
---
0:00 Trading Without Blowing Up
05:25 KoolKrypto and the Revenue Meta
10:53 The Bull and Bear Cases for Zcash
24:16 Options vs. Perps
30:08 Valuing Crypto Exchange Tokens
37:09 Hyperliquid vs. Lighter
47:17 The Crypto Options Wars
56:55 The Next Crypto Inflection Point
David Hoffman retweeted
NEW EPISODE - How a Top 100 Hyperliquid Trader Finds the Next Big Trade
@koolkrypto223 rarely uses more than 1x portfolio leverage. His approach? Avoiding blowups, spotting mispriced assets, and staying in the game long enough to capture the big opportunities.
He joins @TrustlessState to break down how he finds undervalued crypto tokens, why he favors $LIT over $HYPE in the short term, the bull and bear cases for @Zcash, and why crypto options could be the next major growth market.
CHAPTERS
---
0:00 Trading Without Blowing Up
05:25 KoolKrypto and the Revenue Meta
10:53 The Bull and Bear Cases for Zcash
24:16 Options vs. Perps
30:08 Valuing Crypto Exchange Tokens
37:09 Hyperliquid vs. Lighter
47:17 The Crypto Options Wars
56:55 The Next Crypto Inflection Point
David Hoffman retweeted
At my first job (bank), the CEO was a biker. So all the social climbers became bikers.
At my second job (bank), the CEO was a runner. So all the social climbers became runners.
At my third job (startup), the CEO was into Phish. So all the social climbers got into Phish.
In Ethereum, the founder is into Milady. So all the social climbers wear Miladys.
It’s just human nature.
Milady.
They had the most favorable regulatory environment they could have ever asked for
Still managed to fuck it up
The classic leftism-to-socialism trap:
1. Restrict the market based on paternalistic values.
2. Credit-card issuers stop offering cards to higher-risk (e.g. lower-income) people to protect their profits.
3. Left-wing political leaders blame corporate greed for denying people access to credit.
4. Lower-income voters get angry and support more socialist policies.
Study Peronism in Argentina: Restrict the market. Impoverish the country. Blame the capitalist. Issue welfare. Make the people dependent on the State.
Let’s cap credit card rates at 10%. Take action on affordable housing. Protect rural hospitals. End price gouging.
Democrats have the bills ready.
@SenWarren says now it’s up to Trump to work with us and get things done.
David Hoffman retweeted
Today, we commit $30 million to build new products on MegaETH, starting with AI inference.
mega.holdings
So @odysseas_eth is a known chad, and its solutions like this that are required for crypto to grow up, get safe, and stop losing billions of dollars to North Korea
Stuff like this lets us dream bigger dreams again
David Hoffman retweeted
you need to follow everyone who works at @ethlabs_org
their thinking is the future of where Ethereum is heading
they are:
@adietrichs
@barnabemonnot
@binji_x
@casparschwa
@decentrek
@fradamt
@joshrudolf
@_julianma
@ox_shaman
Phenomenal write up of the Seppeku Clause and associated Mandate drama from the Ethereum Foundation
For those are following, worth a read.
I hope to hear from @aerugoettinea before this is over
A complaint filed against the Ethereum Foundation provides insight into the reason for this year's wave of high-profile departures.
I wrote about what happened, what the Mandate says EF leadership should have done instead, and what should happen now.
reddit.com/r/ethereum/commen…
David Hoffman retweeted
Had a great conversation with @TrustlessState on why Latin America needs local stablecoins, not just USD.
USDC/USDT are great for savings, but salaries, rent and payments still happen in pesos and reais. That's why we built wFiat: wARS, wBRL, wCOP, wMXN, wCLP and wPEN onchain.
NEW EPISODE - Tokenizing Latin America: Six Currencies, One Financial System
Dollar stablecoins help people protect their savings. But everyday finance still runs on pesos, reals, and other local currencies.
@RipioApp CEO @sserrano44 joins @TrustlessState to unpack why six LATAM currencies are coming onchain, how 1:1 deposits could fix crypto's costly on-ramps, why Uniswap can compete with traditional FX, and what local-currency DeFi means for banks.
CHAPTERS
---
0:00 Crypto adoption in Latin America
5:38 Local currencies, FX and the carry trade
8:19 Inside Ripio: crypto infrastructure for LatAm
16:29 Fixing on-ramps with local stablecoins
28:26 Wrapped fiat: business model and cross-border payments
35:29 Distribution and which blockchains
42:14 Regulators, banks and market growth