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mary
chocolatier @metagametrade | prev galaxy, brookings, schwarzman, columbia | believe in something
speculation for better information discovery and towards more efficient markets is one of the most beautiful phenomena in the world
i met an AI researcher who had spent two decades in hft / jane street and ren tech before moving to sf and we talked about how fascinated i am by the concept of speculation as a pricing tool for otherwise inefficent / neglected markets and how we're approaching that with @metagametrade
crypto is still a bit of a dirty word in sf but i was surprised to learn that in his circles of AI researchers, manifold markets is the most popular prediction market that folks check nearly daily
pricing events (polymarket)
pricing memes (pump fun)
pricing communities (daos fun)
pricing ideas (believe, heaven)
pricing narratives (alt coins)
pricing creators (@metagametrade)
these types of niche markets spread through social circles of 'traders' who engage with the material every day and bet with prediction markets as a form of entertainment or validation of world view, constantly evaluating in their minds what the probability of, say 'AI outperforms humans in all mathematical research areas by 2028'
these types of hyperlocalized markets that only intrigue a small number of extremely hyper intelligent / engaged insiders will only proliferate and we'll have an abundance of market driven information on how technology impacts society that is constantly re evaluated on a daily basis
every cult community will have a financialized outlet to express their world view on how opinions or creators should be priced
@metagametrade


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an example of this is that a few of my friends are involved with the next several hot treasury strategy launches
we have more room to run for public companies experiencing price pumps for acquiring crypto
bubbles always take longer to pop than one expects

mary13.7. klo 01.12
there's a rule in traditional finance that you just keep aping every IPO until the first one fizzles out
plasma ICO allocation sold out in minutes, pump ICO sold out in minutes
animal spirits
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i grew up with this saying ‘born in california go to school in california die in california’ and spending time in sf as an adult has made me realize how true it is
the fear of never experiencing the world made me spend the past decade taking every opportunity to see and feel as much new as possible, different careers and countries, and i think ive only just become self aware of how much ive experienced from how sf has treated me like a curiosity so far
starting anecdotes at parties with ‘when i was at the dmz with the korean military’ or ‘when i was in riyadh for work’ or ‘when i bartended in chile’ has turned so many heads whereas i think that new york is such a melting pot that unique experiences are more status quo
i always thought of sf as the ‘intelligent’ city but having people pointedly say that im an intelligent person (but awkward) has made me realize that most ‘intelligent’ people in this city lack this 30.000 ft perspective that comes from experiencing so many walks of life like i have
i don’t think i can wrap my head around the concept of just going to school then getting a job and sitting still for an extended period of time all in the same state you grew up in and will die in
lotta self glazing in this tweet but just opened my eyes to how much ive grown over the past decade
california really does feels a bit like an incarnation of a chance pena song or a steinbeck novel
i’ll probably write a substack piece on this
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