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Imagine selling Bitcoin at 92 k because you're worried about a nonfarm payrolls print 8 days before regime change in Washington. And not not just any regime change, this regime change. Right? So to me, like, I think we're in wait and see mode. Hey,
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Okay. Welcome back to another 1000x podcast.
We got a lot to talk about this week. Don't we, Avi? A lot is going on. We
we we do we do have a lot lot lots going on. Market has been very volatile up and down, left and right. And we got a lot of hate for our last podcast because we talked about how much we hate SUI. We got attacked pretty pretty mercilessly by the by the SUI community. They remind me a lot of the XRP guys, actually. You
know what's funny? I took another crack at trying to understand why SUI matters after the vitriol and the hate. And the best bull case I could come up with for SUI after all the vitriol and the hate was the vitriol and the hate. Right? Like, there was this moment in late 2023 when I put out this tweet. I was like, I'd had a a bottle of wine. I was in Rome. Sorry. Venice, having a good time. And I put out a tweet with a little bit of free time about how Solana is fucked. And I talked about, you know, like, kind of well articulated, but not that well researched reasons why Solana is ultimately d
I mean, I I I agree with all those points. I think what's clear what what's what's very clear to me is that SUI has managed to build a pretty crazy community, but not just of retail investors. There are, like, a lot of VC funds and hedge funds that have started to take it seriously. And it's I think it stems from the fact that these guys, you know, that they were they were building at Facebook. They're building at Meta. Like, they these were these were serious team. It was Sui it was Sui and Aptose. And Aptose kind of shit that, nobody really talks about it anymore. Yeah.
What happened there? They were the more, vaunted product when they launched, and then the founder just quit. The hell's going on there?
I think so when we were when we were diligencing them way back in the day, what was always said to us is that the SUI guys were better, like, actual better tech people, but the Aptose guys were better marketing and business development people. And I think what ended up happening with Aptose is that they just never really got the product to the place that they needed it to get to, and the SUI guys learned how to market their good tech. Right? Because they did they did build good tech, as far as I as far as I can understand it. Like, look, I'm not a dev. It's not like I've, gone on and actually
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