Richie | Doges.lens ⌐◨-◨

Richie | Doges.lens ⌐◨-◨

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Researcher | Early Projects and Narratives | 🧵Threador | Delta-Neutral enjoyer | Founder @Vanilla__Labs | Author @MemecomicsWeb3

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Richie | Doges.lens ⌐◨-◨

I don’t see any point in defending it. Even if we admit it’s gambling, what exactly changes? Perp DEXs with leverage are also gambling, and that’s fine. All of us here are tolerant of risk. Our goal is to find our edge, our own advantage.

I don’t think prediction markets are gambling Before you say bla bla bla you have the Kalshi badge you’re biased I think gambling is when you put money into something that depends fully on probability and pure stats where you can’t change anything Like roulette, you pick a

Richie | Doges.lens ⌐◨-◨

Prediction markets are the fastest growing crypto category by mindshare. Polymarket is the real winner of this cycle.

Richie | Doges.lens ⌐◨-◨

I guess this is now a modern problem, like obesity, that will require constant training and discipline. Training and self-control - that’s the real advantage 💪 twitter.com/twindoges/status/1...

Richie | Doges.lens ⌐◨-◨

If it’s like that tomorrow, what will you do?

Richie | Doges.lens ⌐◨-◨

Interesting chart I had Claude draw up of historic US home refinance applications... Shows the spike in 2016-2017 (right before crypto bull market) and 2020-2021 (right before crypto bull market)... Is quite striking if you compare it to the $BTC chart... Granted its a

Richie | Doges.lens ⌐◨-◨

In the beginning, no one cares. People see the "overnight success" and don't see the grueling journey it takes. For most, the journey proves to be too harsh to endure. This is why you need to develop mental toughness to match an armor of steel and grit abrasive enough to grind down a slab of concrete. (^ have a lot to say on this and what I've learned in terms of developing these - will write long form when I have some time). I have been lucky enough to speak to numerous people who I look up to in different areas and have extensively studied people in different fields who are outliers - these qualities are a common thread.

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