Hello!
While brave knife catchers hit their liquidation points and influencers go silent, I'm drawn to the builders—still at their keyboards, shipping code as portfolio values evaporate. This podcast is my way of connecting with those resilient creators quietly shaping our industry. Betting that their code will outlast market panic. During these downturns, when confidence wanes and prices plummet, the voices worth amplifying belong to those who continue building through the storm.
Let us know if you are building something in these dark times and want to jam with ideas.
I've been exploring DeFAI tools, trying to understand how builders see the current landscape. Shaw didn't sugarcoat the realities of crypto trading—market insiders feast on privileged information while retail investors are left fighting for scraps. The most successful traders aren’t technical or fundamental analysts; they’re often the ones closest to deal flow and insider knowledge.
Can copy trading those with an edge be a winning strategy? It's tricky because mapping wallets isn't easy. KOLs often buy from public wallets after seemingly endorsing something while simultaneously selling from untracked wallets.
If you're counting on AI trading bots to save your portfolio, Shaw's reality check might sting: LLMs fundamentally struggle with time series data, making them poor investors. They may, however, excel as community trust systems—tracking reputation, filtering signal, and facilitating collective decision-making. This pragmatism reflects Degen Spartan’s advice to "select only games that you have an edge in."
But no one can have an edge everywhere. Rather than a single, all-powerful AI, Shaw sees the future in specialized swarms. I explored this idea in my article on DeFAI, where I mention that the future may be autonomous agents performing distinct functions, much like human teams, each excelling in its niche.
As markets collapse, the lesson is clear. Survival trumps all. As you watch your portfolio shrink, remember this survivor's wisdom: the builders who endure the winter won't be the ones with the most brilliant ideas, but those who conserved enough resources to still be standing when spring finally returns.
Thinking about revenues and buybacks in crypto,
Saurabh Deshpande
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