X @mert | helius.dev

Core Concepts - Reflexivity, where investors' beliefs shape the market and vice versa, and connectivity are crucial for understanding the future of finance, markets, and crypto [1] - The internet and social media have accelerated the reflexive loop by connecting information and people globally [2] - Crypto transforms information into value, further accelerating speculation [2] Investment Implications - Storytelling is increasingly important as money flows based on belief [2] - Awareness of the reflexive loop is crucial before making investments [2] Market Dynamics - Speculation is inherent and accelerating in markets [2] - Perps, prediction markets, and memecoins represent different forms of speculation on outcomes [2]