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Notes 0003

By Alex on September 15, 2021

Rough notes collected via twitter spaces. These notes do not necessarily represent my own thoughts/beliefs.

  • Role of provenance in NFTs
    • Someone gives example of houses in Hollywood being more valuable because such-and-such lived in it
  • Cycles
    • Make money and cash out during bull market. Then build during bear market.
    • “New money buys old money who’s selling, and then they get screwed during bear. Until (?) next wave of new money buys their stuff.”
    • People right now building wisdom in this bull market. Community. Connections. Can hopefully leverage that.
    • Globalized world and things never stop so cycles go faster. Crypto you “have like 1 year bull markets.”
    • People comparing to tech cycles but it’s a new form of money so maybe the comparison doesn’t work.
  • Someone in fine art talking about how things that are groundbreaking are valuable long term.
    • Gives example of how there wouldn’t be rap or rock or Warhol without Marcel Duchamp
    • [Is this true? And at the end of the day, does the causality matter so much as the perception?]
  • Someone talking about how if they don’t get something, don’t understand it, they just stay away
  • fungibles built 8 companies
    • Says what we’re in is a big shift, a type of magic he hasn’t experienced ever
    • Says he loves building companies, but there’s a whole model about how you build a company, traditionally speaking, and crypto smashes this framework
  • Note to self: need to think about what gives something value. Say you don’t like a collection and don’t buy…but is there cultural significance you’re overlooking? Maybe then you would care, you might view it with more nuance or a different angle; but if you don’t that’s still fine.
  • friendswithyou (artist)
  • fungibles talking about trading futures in bear
  • What – if/when significant enough to be actionable – is the probability of market cycles/patterns and what makes it so?
  • Self-custody/safety – store seed phrases on dog tags from petco, in cryptosteel, in separate banks; bury it, base on books(?)
  • Person talking about creating seed phrases via books, page numbers, and words on specific pages
  • M. Shadows – get things you like/care about (in chat with Deeze)
    • says he believes in the Craniums
CelebrityFuturesMarketsMeaningPatternsProvenanceQuestionsSelf-CustodyValue
Posted in Art, Crypto, Notes, Patterns.
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