Bitbull Noah
Web3 Maximalist | Researcher & Analyst | Exploring the future of decentralized intelligence | Unfiltered Thoughts On-chain & Alpha Insights Crypto Stories
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I don’t enjoy saying this
but this cycle felt underwhelming
Not because nothing happened
but because we moved in the wrong direction
• Real liquidity never showed up outside a few narrow channels
• We turned the market into constant PvP
• Value leaked to extractors while most portfolios bled
• Projects were fudded into the ground instead of improved
That kind of behavior doesn’t build ecosystems
it just shortens cycles
The upside is
the future still looks wide open
There’s room for real innovation
new structures
and growth that actually attracts users
The focus needs to shift back
from mass extraction
to mass adoption
Enjoy the weekend
$SOL
but this cycle felt underwhelming
Not because nothing happened
but because we moved in the wrong direction
• Real liquidity never showed up outside a few narrow channels
• We turned the market into constant PvP
• Value leaked to extractors while most portfolios bled
• Projects were fudded into the ground instead of improved
That kind of behavior doesn’t build ecosystems
it just shortens cycles
The upside is
the future still looks wide open
There’s room for real innovation
new structures
and growth that actually attracts users
The focus needs to shift back
from mass extraction
to mass adoption
Enjoy the weekend
$SOL
Emails show Jeffrey Epstein’s quiet proximity to Bitcoin’s early funding and development circles
Newly surfaced emails suggest Jeffrey Epstein had closer proximity to Bitcoins early ecosystem than previously documented
This is not a claim of control or ownership
This is about access timing and proximity during a fragile phase of development
MIT and early Bitcoin funding
Records show Epstein donated roughly $850000 dollars to Massachusetts Institute of Technology between 2002 and 2017
Some of this funding reached the MIT Digital Currency Initiative during a period when Bitcoin Core development lacked stable financial support
At the time DCI backed grants supported contributors such as Gavin Andresen and Wladimir van der Laan after support from the Bitcoin Foundation weakened
Internal emails indicate Epstein visited MIT multiple times met staff privately and was concealed in records under the name Voldemort
Private discussions before mainstream adoption
Emails reference a closed meeting at Epsteins Manhattan residence involving Brock Pierce and Larry Summers
The discussion focused on Bitcoins long term potential years before institutional adoption
Summers acknowledged possible upside while expressing concern about reputational risk if Bitcoin failed
Regulatory and political curiosity
In 2018 Epstein contacted Steve Bannon seeking guidance on crypto taxation custody and distribution of digital assets
He also asked about navigating campaign finance constraints linked to digital currencies
The reply suggested follow up action and introductions to specialists familiar with election law and crypto policy
Early stage crypto research behavior
Purchase records indicate Epstein acquired books on Bitcoin Ethereum blockchain systems and negotiation strategy throughout 2017
This activity overlapped with efforts to rebuild connections across academic and political networks
What this does and does not show
The disclosures indicate
• MIT donations were underreported
• Campus visits were informally routed
• Meetings were not consistently logged
• Senior approvals occurred off record
• Developer funding overlapped with these interactions
There is no evidence Epstein directed Bitcoin development governance or protocol decisions
What the emails suggest is unusually close proximity to developers policymakers and early crypto capital during a structurally vulnerable phase of the ecosystem
This is not a judgment on Bitcoin itself
It raises questions about how early crypto infrastructure was funded and how much of that history remains undocumented
This is not a claim of control or ownership
This is about access timing and proximity during a fragile phase of development
MIT and early Bitcoin funding
Records show Epstein donated roughly $850000 dollars to Massachusetts Institute of Technology between 2002 and 2017
Some of this funding reached the MIT Digital Currency Initiative during a period when Bitcoin Core development lacked stable financial support
At the time DCI backed grants supported contributors such as Gavin Andresen and Wladimir van der Laan after support from the Bitcoin Foundation weakened
Internal emails indicate Epstein visited MIT multiple times met staff privately and was concealed in records under the name Voldemort
Private discussions before mainstream adoption
Emails reference a closed meeting at Epsteins Manhattan residence involving Brock Pierce and Larry Summers
The discussion focused on Bitcoins long term potential years before institutional adoption
Summers acknowledged possible upside while expressing concern about reputational risk if Bitcoin failed
Regulatory and political curiosity
In 2018 Epstein contacted Steve Bannon seeking guidance on crypto taxation custody and distribution of digital assets
He also asked about navigating campaign finance constraints linked to digital currencies
The reply suggested follow up action and introductions to specialists familiar with election law and crypto policy
Early stage crypto research behavior
Purchase records indicate Epstein acquired books on Bitcoin Ethereum blockchain systems and negotiation strategy throughout 2017
This activity overlapped with efforts to rebuild connections across academic and political networks
What this does and does not show
The disclosures indicate
• MIT donations were underreported
• Campus visits were informally routed
• Meetings were not consistently logged
• Senior approvals occurred off record
• Developer funding overlapped with these interactions
There is no evidence Epstein directed Bitcoin development governance or protocol decisions
What the emails suggest is unusually close proximity to developers policymakers and early crypto capital during a structurally vulnerable phase of the ecosystem
This is not a judgment on Bitcoin itself
It raises questions about how early crypto infrastructure was funded and how much of that history remains undocumented
Nigeria’s New Crypto Tax Rules Explained: What Changes in 2026 and Who Must Pay
Starting January 1, 2026, anyone dealing in digital assets will fall under Nigeria’s tax net
That includes crypto
A lot of people are asking
Why should we pay tax
Why not protest when it feels like public funds don’t improve our lives
Those arguments come up every time
But legally, tax payment isn’t optional
The 1999 Constitution makes it mandatory
Who is actually required to pay
Nigeria uses two main tests
Residency
If you live in Nigeria, your income is taxable here
Source
Even if you live abroad, if your income comes from Nigeria, it can still be taxed
If neither applies to you, this won’t concern you
Types of tax that matter for crypto
Taxes are split into indirect and direct
VAT is the main indirect tax, but unless you’re collecting it on behalf of others, it usually doesn’t affect individuals directly
What most people need to understand are direct taxes
Personal Income Tax (PIT)
This is a tax on what you earn in a year
Nigeria uses a progressive system
Higher income means higher tax rates
For simplicity
Income here means money you earn from crypto related activity
Airdrops that are earned count as income
Crypto received purely as a gift generally does not
Examples of taxable crypto income
Airdrops
Mining
Staking rewards
Web3 jobs and freelancing
DeFi yields
Any activity where crypto is earned as compensation
Example
If you earn the equivalent of ₦2.9M from airdrops in a year
The first ₦800K is taxed at 0%
The remaining ₦2.1M is taxed at 15%
That equals ₦315K in tax
Your final tax can be lower if you qualify for reliefs
Rent relief is one common example
Companies Income Tax
Companies are treated as separate legal persons
They pay tax based on Annual Gross Turnover
Small companies
AGT below ₦50M
No companies income tax
Medium and large companies
AGT above ₦50M
Taxed at 30%
Capital Gains Tax
If you buy crypto and later sell at a profit
That profit is taxable
The gain is added to your total income for the year
Losses can be deducted before tax is calculated
In simple terms
All profits from crypto in a year are added together
Losses are deducted
Eligible reliefs are applied
The balance is taxed under PIT rates
How tax is paid
Nigeria operates a self assessment system
At the end of the financial year
You declare your income
Apply deductions and reliefs
Calculate what you owe
And pay the tax authority
Final thoughts
Tax payment is compulsory
Failure to pay is tax evasion and carries penalties
That said
You are allowed to structure your finances legally
To reduce how much tax you pay
That’s tax avoidance
And it’s lawful
The question is simple
Will you ignore it
Or plan properly
That includes crypto
A lot of people are asking
Why should we pay tax
Why not protest when it feels like public funds don’t improve our lives
Those arguments come up every time
But legally, tax payment isn’t optional
The 1999 Constitution makes it mandatory
Who is actually required to pay
Nigeria uses two main tests
Residency
If you live in Nigeria, your income is taxable here
Source
Even if you live abroad, if your income comes from Nigeria, it can still be taxed
If neither applies to you, this won’t concern you
Types of tax that matter for crypto
Taxes are split into indirect and direct
VAT is the main indirect tax, but unless you’re collecting it on behalf of others, it usually doesn’t affect individuals directly
What most people need to understand are direct taxes
Personal Income Tax (PIT)
This is a tax on what you earn in a year
Nigeria uses a progressive system
Higher income means higher tax rates
For simplicity
Income here means money you earn from crypto related activity
Airdrops that are earned count as income
Crypto received purely as a gift generally does not
Examples of taxable crypto income
Airdrops
Mining
Staking rewards
Web3 jobs and freelancing
DeFi yields
Any activity where crypto is earned as compensation
Example
If you earn the equivalent of ₦2.9M from airdrops in a year
The first ₦800K is taxed at 0%
The remaining ₦2.1M is taxed at 15%
That equals ₦315K in tax
Your final tax can be lower if you qualify for reliefs
Rent relief is one common example
Companies Income Tax
Companies are treated as separate legal persons
They pay tax based on Annual Gross Turnover
Small companies
AGT below ₦50M
No companies income tax
Medium and large companies
AGT above ₦50M
Taxed at 30%
Capital Gains Tax
If you buy crypto and later sell at a profit
That profit is taxable
The gain is added to your total income for the year
Losses can be deducted before tax is calculated
In simple terms
All profits from crypto in a year are added together
Losses are deducted
Eligible reliefs are applied
The balance is taxed under PIT rates
How tax is paid
Nigeria operates a self assessment system
At the end of the financial year
You declare your income
Apply deductions and reliefs
Calculate what you owe
And pay the tax authority
Final thoughts
Tax payment is compulsory
Failure to pay is tax evasion and carries penalties
That said
You are allowed to structure your finances legally
To reduce how much tax you pay
That’s tax avoidance
And it’s lawful
The question is simple
Will you ignore it
Or plan properly
Two fresh listings today
Both already struggling against their sale valuations
$VOOI
Trading around a $44M FDV
Sale valuation was $112.5M
Down more than 50 percent right after listing
$ZKP
Trading near a $110M FDV
Sale valuation was $100M
About 50 percent of supply locked for three months
What stands out is the price action
High sale valuations
Early liquidity
Weak follow through
Honestly this is disappointing
I was very bullish on zkpass
And I still feel it should have performed better than this
For now I’m staying on the sidelines
Sometimes not investing is the best decision
Interested to hear how others are playing these new listings
Both already struggling against their sale valuations
$VOOI
Trading around a $44M FDV
Sale valuation was $112.5M
Down more than 50 percent right after listing
$ZKP
Trading near a $110M FDV
Sale valuation was $100M
About 50 percent of supply locked for three months
What stands out is the price action
High sale valuations
Early liquidity
Weak follow through
Honestly this is disappointing
I was very bullish on zkpass
And I still feel it should have performed better than this
For now I’m staying on the sidelines
Sometimes not investing is the best decision
Interested to hear how others are playing these new listings
Me: Trying to go viral with crypto post
Questions around Solstice keep coming up and they’re worth looking at carefully
What’s being discussed
Some users claim a few Solstice team members were involved in a previous project that failed
That project was XR One Network
Nodes were sold
The project later shut down
Solstice’s CMO stated that only two people from XR One are part of the current team
The issue gained wider attention after being highlighted by a researcher in early October
XR One later posted that they could not continue operations and officially closed later that month
Now zoom out
Solstice has been aggressively promoted by peak InfoFi farming accounts
The same accounts that promote almost anything as long as there’s upside
That doesn’t automatically mean wrongdoing
But it does mean caution is warranted
Don’t outsource conviction
Don’t risk money you can’t afford to lose
Do your own research
Good luck to anyone involved
$S
What’s being discussed
Some users claim a few Solstice team members were involved in a previous project that failed
That project was XR One Network
Nodes were sold
The project later shut down
Solstice’s CMO stated that only two people from XR One are part of the current team
The issue gained wider attention after being highlighted by a researcher in early October
XR One later posted that they could not continue operations and officially closed later that month
Now zoom out
Solstice has been aggressively promoted by peak InfoFi farming accounts
The same accounts that promote almost anything as long as there’s upside
That doesn’t automatically mean wrongdoing
But it does mean caution is warranted
Don’t outsource conviction
Don’t risk money you can’t afford to lose
Do your own research
Good luck to anyone involved
$S
What do you think about $JUP right now it's like a solid entry but saw community holders everyone is panic and negative on the dump it's diping and diping
The market is falling because sell pressure outweighs demand
Until buyers step back in
the direction doesn’t change
Until buyers step back in
the direction doesn’t change
my accountant seeing I placed 759 trades this year to make $6.9 in profit.
$BTC
$BTC
🚨 Doginals scam 🚨
Bark Books and Shibo were operating together
Now Books has suddenly stepped away
He claims he was never involved in the POX scam or others
Says he didn’t know what was happening
That explanation doesn’t hold up
He’s now running solo spaces
No links no interaction with the same circle
Something clearly broke behind the scenes
It goes further
Bark and Shibo reportedly told people to block Books
That alone raises questions
Info shared by MastrXYZ points to deep visibility inside these groups
Nothing here is accidental
Movements like this usually happen when pressure hits
Stay alert
Doginals has serious trust issues
Do your own checks before touching anything in this space
$SOL
Bark Books and Shibo were operating together
Now Books has suddenly stepped away
He claims he was never involved in the POX scam or others
Says he didn’t know what was happening
That explanation doesn’t hold up
He’s now running solo spaces
No links no interaction with the same circle
Something clearly broke behind the scenes
It goes further
Bark and Shibo reportedly told people to block Books
That alone raises questions
Info shared by MastrXYZ points to deep visibility inside these groups
Nothing here is accidental
Movements like this usually happen when pressure hits
Stay alert
Doginals has serious trust issues
Do your own checks before touching anything in this space
$SOL
What do you want to ban from Web3?
1. AI Slop
2. Bots
3. Inactives
4. Ad frauds
5. Spam
6. Fake giveaways
$XRP $ADA
1. AI Slop
2. Bots
3. Inactives
4. Ad frauds
5. Spam
6. Fake giveaways
$XRP $ADA
P2P scams are becoming a serious issue in Pakistan 🇵🇰 and this needs urgent attention
Common pattern
You receive PKR in your bank account
You confirm the credit
You release the USDT
Later a dispute is filed
The transfer gets reversed
Your bank account is frozen
Funds are gone
What doesn’t make sense
These scam accounts transact daily
High frequency
Large weekly volumes
Yet they aren’t flagged early
Banks can clearly see these patterns
So how are repeated reversals even possible
It raises serious questions
Are these accounts treated as normal users
Or is there involvement from inside banks
Because confirmed transfers should not be reversed this easily
Important note
I haven’t personally faced this issue
But friends colleagues and many others have
And the number of cases keeps rising
The outcome is always the same
Honest traders lose funds
Accounts get blocked
Scammers walk away
This is not just a user issue
It’s a system level failure
Pakistan is already moving toward crypto regulation
That’s a good sign
If the concern is money leaving the country
A practical solution exists
Allow deposit via debit cards under regulated channels
Apply clear limits on high volume users
Monitor frequent movers more closely
This protects retail users
Reduces abuse
And still keeps capital controls intact
This needs serious attention from the government and the State Bank StateBank of Pakistan Government of Pakistan
Also calling on Binance Pakistan leadership including Bilal Saqib Waqar Zaka Cz
Stronger P2P safeguards are urgently needed
Is this happening in other countries too
Share your experience.
Common pattern
You receive PKR in your bank account
You confirm the credit
You release the USDT
Later a dispute is filed
The transfer gets reversed
Your bank account is frozen
Funds are gone
What doesn’t make sense
These scam accounts transact daily
High frequency
Large weekly volumes
Yet they aren’t flagged early
Banks can clearly see these patterns
So how are repeated reversals even possible
It raises serious questions
Are these accounts treated as normal users
Or is there involvement from inside banks
Because confirmed transfers should not be reversed this easily
Important note
I haven’t personally faced this issue
But friends colleagues and many others have
And the number of cases keeps rising
The outcome is always the same
Honest traders lose funds
Accounts get blocked
Scammers walk away
This is not just a user issue
It’s a system level failure
Pakistan is already moving toward crypto regulation
That’s a good sign
If the concern is money leaving the country
A practical solution exists
Allow deposit via debit cards under regulated channels
Apply clear limits on high volume users
Monitor frequent movers more closely
This protects retail users
Reduces abuse
And still keeps capital controls intact
This needs serious attention from the government and the State Bank StateBank of Pakistan Government of Pakistan
Also calling on Binance Pakistan leadership including Bilal Saqib Waqar Zaka Cz
Stronger P2P safeguards are urgently needed
Is this happening in other countries too
Share your experience.
P2P scams are becoming a serious issue in Pakistan 🇵🇰 and this needs urgent attention
Common pattern
You receive PKR in your bank account
You confirm the credit
You release the USDT
Later a dispute is filed
The transfer gets reversed
Your bank account is frozen
Funds are gone
What doesn’t make sense
These scam accounts transact daily
High frequency
Large weekly volumes
Yet they aren’t flagged early
Banks can clearly see these patterns
So how are repeated reversals even possible
It raises serious questions
Are these accounts treated as normal users
Or is there involvement from inside banks
Because confirmed transfers should not be reversed this easily
Important note
I haven’t personally faced this issue
But friends colleagues and many others have
And the number of cases keeps rising
The outcome is always the same
Honest traders lose funds
Accounts get blocked
Scammers walk away
This is not just a user issue
It’s a system level failure
Pakistan is already moving toward crypto regulation
That’s a good sign
If the concern is money leaving the country
A practical solution exists
Allow deposit via debit cards under regulated channels
Apply clear limits on high volume users
Monitor frequent movers more closely
This protects retail users
Reduces abuse
And still keeps capital controls intact
This needs serious attention from the government and the State Bank StateBank of Pakistan Government of Pakistan
Also calling on Binance Pakistan leadership including Bilal Saqib Waqar Zaka Cz
Stronger P2P safeguards are urgently needed
Is this happening in other countries too
Share your experience.
Common pattern
You receive PKR in your bank account
You confirm the credit
You release the USDT
Later a dispute is filed
The transfer gets reversed
Your bank account is frozen
Funds are gone
What doesn’t make sense
These scam accounts transact daily
High frequency
Large weekly volumes
Yet they aren’t flagged early
Banks can clearly see these patterns
So how are repeated reversals even possible
It raises serious questions
Are these accounts treated as normal users
Or is there involvement from inside banks
Because confirmed transfers should not be reversed this easily
Important note
I haven’t personally faced this issue
But friends colleagues and many others have
And the number of cases keeps rising
The outcome is always the same
Honest traders lose funds
Accounts get blocked
Scammers walk away
This is not just a user issue
It’s a system level failure
Pakistan is already moving toward crypto regulation
That’s a good sign
If the concern is money leaving the country
A practical solution exists
Allow deposit via debit cards under regulated channels
Apply clear limits on high volume users
Monitor frequent movers more closely
This protects retail users
Reduces abuse
And still keeps capital controls intact
This needs serious attention from the government and the State Bank StateBank of Pakistan Government of Pakistan
Also calling on Binance Pakistan leadership including Bilal Saqib Waqar Zaka Cz
Stronger P2P safeguards are urgently needed
Is this happening in other countries too
Share your experience.
One of the darkest chapters in Bitcoin’s early days
June 2011
A single user loses everything overnight
25,000 $BTC BTC gone
About $500,000 then
Over $2.4 billion at today’s prices
The victim
A Bitcointalk user known as Allinvain
One of Bitcoin’s earliest miners
June 13 2011
12 52 EST
What happened
Hundreds of UTXOs consolidated
The entire wallet drained in one transaction
Destination
1KPTdMb6p7H3YCwsyFqrEmKGmsHqe1Q3jg
The breach
Slush Pool account compromised
No 2FA enabled
Payout address changed
Credentials already exposed
The fatal setup
wallet dat stored unencrypted
Running on Windows
Mining software from multiple sources
Private keys were simply copied
When the transaction hit the chain
25,000 BTC moved within seconds
Hours later
A post appears on Bitcointalk
Allinvain wakes up
Balance zero
Aftermath
More BTC sent to the same address
Total received 25,033 BTC
Funds slowly split and laundered
Today
Almost all BTC spent
Only 0.004 BTC remains
The attacker was never identified
The blockchain never forgets
This was the first great Bitcoin theft
June 2011
A single user loses everything overnight
25,000 $BTC BTC gone
About $500,000 then
Over $2.4 billion at today’s prices
The victim
A Bitcointalk user known as Allinvain
One of Bitcoin’s earliest miners
June 13 2011
12 52 EST
What happened
Hundreds of UTXOs consolidated
The entire wallet drained in one transaction
Destination
1KPTdMb6p7H3YCwsyFqrEmKGmsHqe1Q3jg
The breach
Slush Pool account compromised
No 2FA enabled
Payout address changed
Credentials already exposed
The fatal setup
wallet dat stored unencrypted
Running on Windows
Mining software from multiple sources
Private keys were simply copied
When the transaction hit the chain
25,000 BTC moved within seconds
Hours later
A post appears on Bitcointalk
Allinvain wakes up
Balance zero
Aftermath
More BTC sent to the same address
Total received 25,033 BTC
Funds slowly split and laundered
Today
Almost all BTC spent
Only 0.004 BTC remains
The attacker was never identified
The blockchain never forgets
This was the first great Bitcoin theft
LATEST: $BNB
BNB Chain has announced an upcoming stablecoin designed to drive liquidity across key application use cases on the network.
BNB Chain has announced an upcoming stablecoin designed to drive liquidity across key application use cases on the network.
A short thread on building generational wealth in Web3
🧵👇
🧵👇
That kind of steady accumulation from big players feels reassuring long term even on red days
CryptoATY
--
BlackRock and Fidelity have bought $508.3 million worth of Bitcoin.
Interesting mix of signals charts may warn short term but the expanding ecosystem and institutional adoption make the bigger picture feel more balanced than purely bearish
Yellow Media
--
Peter Brandt Issues Bearish Warning On XRP Price Chart Formation
Veteran trader Peter Brandt has issued a bearish warning on XRP price, citing a potential double-top formation despite Ripple's accelerating ecosystem growth through multichain stablecoin expansion and new institutional trading tools.
What Happened: Chart Pattern Warning
Brandt identified what he considers a potentially bearish setup on the XRP price chart.
The double-top pattern typically signals waning bullish momentum when an asset fails to break above resistance after two attempts.
"I know in advance that all you Riplosts will forever remind me of this post — ask me if I care. This is a potential double top," Brandt wrote. He acknowledged the pattern could fail but maintained it carries bearish implications.
Also Read: Ethereum's Multi-Year Pattern Indicates $2,000 Risk If December Closes Below Support
Why It Matters: Conflicting Signals
Analyst Steph is Crypto countered with historical data showing XRP has spent roughly 70 days below its 50-week simple moving average. Past cycles at this level preceded rallies of 211%, 70%, and 850% in 2017, 2021, and 2024 respectively.
Meanwhile, Ripple announced on Dec. 16 that its stablecoin RLUSD will expand to Optimism, Base, Ink, and Unichain using Wormhole's Native Token Transfers standard.
The stablecoin operates under a trust charter from the New York Department of Financial Services.
Digital Wealth Partners recently launched an algorithmic XRP trading strategy for qualified retirement accounts with insured custody through Anchorage Digital, reflecting growing institutional integration.
Read Next: Solana Tests $120 Support While Market Indicators Suggest Continued Decline
What Happened: Chart Pattern Warning
Brandt identified what he considers a potentially bearish setup on the XRP price chart.
The double-top pattern typically signals waning bullish momentum when an asset fails to break above resistance after two attempts.
"I know in advance that all you Riplosts will forever remind me of this post — ask me if I care. This is a potential double top," Brandt wrote. He acknowledged the pattern could fail but maintained it carries bearish implications.
Also Read: Ethereum's Multi-Year Pattern Indicates $2,000 Risk If December Closes Below Support
Why It Matters: Conflicting Signals
Analyst Steph is Crypto countered with historical data showing XRP has spent roughly 70 days below its 50-week simple moving average. Past cycles at this level preceded rallies of 211%, 70%, and 850% in 2017, 2021, and 2024 respectively.
Meanwhile, Ripple announced on Dec. 16 that its stablecoin RLUSD will expand to Optimism, Base, Ink, and Unichain using Wormhole's Native Token Transfers standard.
The stablecoin operates under a trust charter from the New York Department of Financial Services.
Digital Wealth Partners recently launched an algorithmic XRP trading strategy for qualified retirement accounts with insured custody through Anchorage Digital, reflecting growing institutional integration.
Read Next: Solana Tests $120 Support While Market Indicators Suggest Continued Decline
Thinking about hitting $Million by 2026
The odds change a lot depending on how you play the game
Rough probability by role
Founder or builder very high
Early core employee low but meaningful
Creator with real distribution smaller still
Trader thin
Yapper moderator role farmer near zero
Pure testnet user basically lottery odds
The point isn’t the exact percentages
It’s leverage
Builders win because they control outcomes
Early employees win because timing multiplies effort
Creators win when attention compounds into ownership
Everyone else is splitting time across low ownership paths
You can debate the math
But the pattern stays the same
Ownership beats participation every cycle
Where do you see yourself positioned by 2026
The odds change a lot depending on how you play the game
Rough probability by role
Founder or builder very high
Early core employee low but meaningful
Creator with real distribution smaller still
Trader thin
Yapper moderator role farmer near zero
Pure testnet user basically lottery odds
The point isn’t the exact percentages
It’s leverage
Builders win because they control outcomes
Early employees win because timing multiplies effort
Creators win when attention compounds into ownership
Everyone else is splitting time across low ownership paths
You can debate the math
But the pattern stays the same
Ownership beats participation every cycle
Where do you see yourself positioned by 2026
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