the midcurving on SOL comes from a profound cynicism about crypto's future
what's going to happen is that crypto adoption is going to 100x
it will not just be perps, or RWAs, or memes -- it will be all of it
the totality of old finance combined with the weirdness of new finance, at planetary scale
and at that game, Solana is king
to that effect, one framing I've been riffing on: SOL is new money
'new' is a powerful & optimistic word -- it represents possibility and the infinite, rather than marginally optimizing spreadsheet accounting
it is too early in the game to treat novel internet money as it were a derivative of Costco stock. blockchains that scale are barely 2-3 years old
it's 2004, you can opt for JP Morgan or you can go for Apple
neither are wrong, but one is more optimistic