Takes
Posted on X. Kept here.
Short, signed, dated. The timeline forgets; this page doesn't. When a take deserves a proper write-up, it gets one in Research.
- Jun 8, 2026TakeLinked research
A points dashboard is a confession
If your product needs a points dashboard to be interesting, the dashboard is the confession, not the growth strategy. Points buy you a crowd, not a market....
InfoFiPositioningIncentivesSourced version
Xeet: The Thesis Has Receipts. The Receipts Need Auditing.
Read take →
- Jun 5, 2026TakeLinked research
Stablecoin licences are distribution deals now
The interesting stablecoin race stopped being about technology the day the rules landed. It is now a distribution race wearing a compliance costume. A...
StablecoinsRegulationSourced version
The GENIUS Act Changed the Game. Here's Who Actually Wins.
Read take →
- Jun 2, 2026TakeLinked research
Fee switches are the new roadmap slide
Every L2 deck now has a fee switch slide. Almost none of them have a fee switch. The pattern is familiar: usage charts go up, token charts go down, and...
L2Value CaptureSourced version
Apps Eat the Stack: Why L2 Tokens Keep Underperforming
Read take →
Want the slow, sourced version?
Takes are first impressions. The proper write-ups are in research.