Smaller market crypto strat plays often break down, not because of bad ideas, but due to structural limits. imagine a coin trades on Gate/Mecx vs coin trades on Binance. Those on Hkex or even smaller ones are facing - Much longer approval time - No liquidity premium - No scalable public fundraising tools - Derivatives infra still sluggish US equity market is still the best one stop shop for gamblers, punchers and coupon clippers