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What about regional control and military support for US allies, and ensuring petrodollar dominance ?
Look at what the US did in Venezuela.
Nation with oil ruled by despot, Dismantle leadership, gain control etc
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The high end KOLs/ influencers from last cycle told you not to buy solana:BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy because they under indexed the importance of Backpack having a regulatory monopoly
Not too late, in fact just started
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Jun 13
The reason why liquidity is concentrating around the @Backpack variant is because it's the only tokenized stock in the world that allows you to cycle the asset between Solana and Nasdaq, the only one that allows you to on and off ramp from your brokerage account, and the only one that gives you a redeemable right for the underlying security entitlement.
Jun 13
The power of the variants system w/ @tokens API.
When SpaceX launched, there were 3 variants onchain.
The battle for liquidity was real and really interesting/fun to see live.
The main the bottleneck was tradfi brokers and traditional venues, we couldnt get the inventory for the amount of capital that was being allocated onchain
- $SPCXx (@xStocksFi )
- $SPCX (@Backpack )
- $SPCXon (@OndoFinance )
At the start xStocks variant actually was number one because the liquidity they procured was the highest (expected), however, here we are at the end of the day 1 and the primary variant has shifted from xStocks to Backpack
They also bumped up to a tier 2 variant from 3, more liquidity
curious to see who is the first to hit tier 1 threshold of 10m
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Jun 13
The clearest 11 minutes I have heard on why the AI capex boom may not pay off. @ChrisBloomstran at the Zurich Project on the depreciation wall, ~$650B of off-balance-sheet SPV debt, and the circular financing between Nvidia, OpenAI, and the hyperscalers.
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The world spent roughly $1.5 trillion to launch all the non SpaceX satellites. @elon did it for $50b. So if the world truly believes that poverty can be eradicated for $1t, they should switch entirely to SpaceX for launches, save $1t and spend it on eradicating poverty. It’s that easy.
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Jun 13
Los yanquis aprendieron a jugar al soccer
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Jun 13
They were blasting “You Never Can Tell” by Chuck Berry at Starbucks and no one knew it was the song Vincent and Mia danced to in Pulp Fiction
Unc status
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Jun 13
Jake Misiorowski struck out 15 tonight
80 K’s and a 0.17 ERA in his last 8 starts
CHEAT CODE
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Jun 12
backpack succeeded where bybit & binance failed. few.
Jun 12
NEW: @binance ANNOUNCES CANCELLATION OF "BINANCE WALLET SPCXX IPO CAMPAIGN"
"DUE TO CIRCUMSTANCES OUTSIDE OF OUR CONTROL, WE ARE UNABLE TO PROCEED WITH THIS CAMPAIGN"
SOURCE: binance.com/en/support/annou…
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Jun 12
The #FinanceDaily family had a fun afternoon.
Take a listen if you weren't able to join live.
#SpaceX $SPCX
Thanks to @WorldStrategist @JustinBrady @OfficialBBrooks @EladioSantiag14 @GaryCardone @cyrusnezakat @ravikarkara @clare2point0 @PoisedM1
And, let's thank @SenWarren for featuring so prominently!
Jun 12
Excellent space today on the SpaceX IPO with @DavidDTawil and Co. 🚀 🌌
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Jun 12
Backpack at pico bottom going to be my best investment of my early 30s
Not too late
20x from here
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Jun 12
Jupiter Lend, Jupiter Mobile, Jupiter Predict, Jupiter Offerbook
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Jun 11
wolfcap should have died 1000 times. they shouldn’t even exist. they should have been buried by the NFT collapse. but they never stopped & that’s what’s so exciting. nothing brings me more joy than seeing a glass chewer keep trying on solana.
Jun 11
backpack should have died 1000 times. they shouldn’t even exist. they should have been buried by the ftx collapse. but they never stopped & that’s what’s so exciting. nothing brings me more joy than seeing a glass chewer win on solana.
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you wouldn’t last an hour in the asylum where they raised me
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Jun 11
Backpack itself is a broker and so can do inter broker stock transfers.
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Jun 11
To give you a concrete sense of what we're doing with @Backpack Securities.
- Trade stocks on Backpack
- Deposit/Withdraw to Solana
- Trade on DeFi in your wallet
- On/off ramp to your brokerage account
Tokenized stocks that are redeemable for the real thing just like a stablecoin.
Demo:
Jun 11
$SPCX goes live on @Solana via @SunriseDeFi following SpaceX’s Nasdaq debut.
Issued by Backpack Securities. On/off-ramp SpaceX shares between traditional brokers and Solana.
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Jun 11
If you want to get real and I really mean real exposure
The only way is to buy $SPCX on Backpack
x.com/FabianoSolana/status/2…
Jun 11
damn...
for the first time in crypto history, you can swap an onchain asset directly for real, tradeable stocks
Solana did it first, again...
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