Create blog withHongbeom Park
Investment
Meta
Facebook is probably the world's most hated company. And yet, I think it's a great stock to own for the next decade. Facebook is one of the few big tech companies still founder-led and betting everything on building the future. Zuck is laser-focused
Stacks Thesis (STX)
While we have BitFi on other chains like Ethereum and RUNE, it's still a tiny fraction of the Bitcoin market cap. Most Bitcoiners don't trust these platforms. A significant percentage of Bitcoin either stays unused or sits on CeFi platforms.Any
Risks of investing in Bitcoin for long-term investors
Bitcoiners expected a state-level attack to come in 3-5 years, but I believe the ESG is a state-level attack wrapped in the environmentalist argument.Eric Wall had a great tweetstorm explaining the gist of ESG FUD.The ESG meme will not only slow
Doubts about long-term censorship-resistance of Bitcoin
I am increasingly skeptical that Bitcoin can remain permissionless without maximum privacy. The Bitcoin Network itself is permissionless and censorship-resistant: governments can't shut it down or censor its transactions. But Bitcoin lacks access
What differentiates Bitcoin from altcoins
In this note, I lay out my reasons for holding 90% of my portfolio in Bitcoin as a non-maximalist. I will update my thesis and investment risks as more info is available. I will gladly accept corrections for anything I've written. Feel free to leave