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Daniel Segundo Profile
Daniel Segundo

@danielpsegundo

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5,175
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Enigma Capital. Interests: Physics, Art, Crypto, Trading Systems, History, Reflexivity, Trends, Markets, Inquiry, Convexity, Tao, Zen, Truth. @LawliettesLab

涅槃
Joined August 2012
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@danielpsegundo
Daniel Segundo
9 months
Crypto bull market cheat sheet:
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@danielpsegundo
Daniel Segundo
9 months
@shaunmmaguire It's remarkable how many people out there reflect the Phil Fisher quote, "I've already made up my mind, don't confuse me with the facts."
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@danielpsegundo
Daniel Segundo
5 years
This is a natural corollary to one of your best quotes: “Individuals search for truth, groups search for consensus.”
@naval
Naval
5 years
The more people in the conversation, the harder it becomes to speak the uncomfortable truth. Social media puts everyone into the same conversation.
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@danielpsegundo
Daniel Segundo
5 years
“Pick three hobbies: one that makes you money, one that keeps you fit, one that fosters your creativity” — @naval
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@danielpsegundo
Daniel Segundo
10 months
My @friendtech account just got hacked. I lost ~50 ETH. There may be a vulnerability with FriendTech as the main wallet my FriendTech accounts was funded from appears to be fine. cc @0xRacerAlt @Pancakesbrah
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@danielpsegundo
Daniel Segundo
4 years
@sama Check out "The Thucydides Trap" to better understand the unfolding dynamic between China and the USA. It also explore similar dynamics between rising and ruling powers over the past 500 years. Also, "From Third World to First" by Lee Kuan Yew on the rise of Singapore is superb.
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@danielpsegundo
Daniel Segundo
4 years
Fantastic explanation from @ErikVoorhees . Well done.
@Ajoobz
Ajoobz
4 years
#Bitcoin explained in 2 minutes by Erik Voorhees
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@danielpsegundo
Daniel Segundo
4 years
Brilliant read. Thanks to @rivatez for the recommendation. “Anyone can see the pinecones in the tree. None can see the trees, none can foresee the forest in the pinecone.”
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@danielpsegundo
Daniel Segundo
3 years
@naval “Whose bread I eat, his song I sing.” — German Proverb
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@danielpsegundo
Daniel Segundo
2 years
@nic__carter The best are the grave dancers like this guy lol
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@danielpsegundo
Daniel Segundo
5 years
@light_thru "Rain falls outside my window. One could spend a lifetime examining it For it is real, it is here, it is wet, and cold One need not speculate about it Or wonder if it exists Or work toward it. It is real, it is here It is Truth And thus worthy of one's time." -Kapil
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@danielpsegundo
Daniel Segundo
3 years
“No matter how cynical you get, you’re still naive.” — @BretWeinstein
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@danielpsegundo
Daniel Segundo
5 years
A man's success is inversely proportional to the amount of interference produced by his own mind.
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@danielpsegundo
Daniel Segundo
4 years
@BrianNorgard is a masterful product architect and investor. Brian’s work embodies the essence of Andy Benoit’s quote: “Most geniuses prosper not by deconstructing intricate complexities but by exploiting unrecognized simplicities.” The interview below is time well spent.
@APompliano
Anthony Pompliano 🌪
4 years
You can now watch my interview with @BrianNorgard on YouTube. He gives us a master class on product development, shared where he thinks VC investing is going, and goes really deep into why the audio interface is so important. Highly recommend this one!
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@danielpsegundo
Daniel Segundo
4 years
What I see as a must-watch interview between @chamath and @APompliano . Respect to Chamath for the sincerity to objectively examine his insecurities, especially in a public setting. Refreshing to see an investor discuss the mental game of the craft and combine it with analysis.
@APompliano
Anthony Pompliano 🌪
4 years
You can now watch my full interview with @chamath on YouTube. We talked about where he is invested, where he thinks the best opportunities are coming out of the crisis, how he would solve the health & economic issues, and why being patient will pay off.
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@danielpsegundo
Daniel Segundo
2 years
@zerohedge Great. More taxpayer financed inflation.
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@danielpsegundo
Daniel Segundo
5 years
“When I’ve finished a picture, I don’t want to lose more months having to justify it to everyone. What matters to me is not how many people it pleases, but whom it pleases.” — Gustav Klimt, 1901
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@danielpsegundo
Daniel Segundo
10 months
@0xLawliette @lBattleRhino @friendtech I lost ~50 ETH on FT over a SIM swap hack. Privy has been fantastic throughout the process. FriendTech didn’t reply. I’m glad that they are implementing this to protect other users.
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@danielpsegundo
Daniel Segundo
4 years
@balajis "Hey Kara, I'll give you $500 in #Bitcoin if you run a formal retraction!" Arbitrage!
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@danielpsegundo
Daniel Segundo
10 months
@RobertKennedyJr imagine biden or trump doing this haha
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@danielpsegundo
Daniel Segundo
11 months
The bull case for FriendTech 🧵:
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@danielpsegundo
Daniel Segundo
2 years
@Josh_Young_1 Lots of people echoing the old Phil Fisher quote: "I've already made up my mind, don't confuse me with the facts."
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@danielpsegundo
Daniel Segundo
4 years
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@danielpsegundo
Daniel Segundo
3 years
“You can easily judge the character of a man by how he treats those who can do nothing for him.” — Maxime Collet
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@danielpsegundo
Daniel Segundo
4 years
"If it can't interface with tech, it won't survive." - @BrianNorgard
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@danielpsegundo
Daniel Segundo
4 years
@shervin @FrancisSuarez Totally. I don’t even live in Miami yet and I want to help @FrancisSuarez succeed in his vision for Miami any way I can!
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@danielpsegundo
Daniel Segundo
1 year
It’s a huge deal if $STX has a win-win relationship with regulators. It reduces the odds of the asset going to zero from a regulatory crackdown. This increases the expected value of the investment. “Heads I win big, tails I don’t lose much.”
@__bleeker
bleeker 🫵
1 year
I still really don’t see anyone mention that $STX received the first ever approval by the SEC to sell tokens in an IPO. In an industry facing increasing scrutiny, I wonder if this is important.
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@danielpsegundo
Daniel Segundo
4 years
@100trillionUSD The chart from @PanteraCapital says BTC has a 0% correlation to the S&P 500. You've recently been saying BTC and the S&P 500 are closely correlated. Can you please clarify?
@100trillionUSD
PlanB
5 years
Pitched bitcoin to institutional investors last week. Presentation started with these 3 charts: Sharpe ratio ( @woonomic ), zero correlation with other assets ( @PanteraCapital ), correlation and cointegration with stock-to-flow ( @100trillionUSD ). Amazing response!
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@danielpsegundo
Daniel Segundo
2 years
@jespow @krakenfx Well said, Jesse!
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@danielpsegundo
Daniel Segundo
5 years
Just got my @coinmine yesterday. I’m also proud to be an investor in this awesome business and @farbood 🤙🏽
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@howardlindzon
Coronado 'Porch' Lindzon
5 years
@BullyEsq I mine whatever @farbood @coinmine allows me too and own Bitcoin. Our angel investments in @etoro and @RobinhoodApp and one to be named soon offer me more than enough exposure. I also have invested $ with @TusharJain_ at Multicoin.
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@danielpsegundo
Daniel Segundo
4 years
Intelligence is the ability to see Truth.
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@danielpsegundo
Daniel Segundo
10 months
@darengb Hi Darren, I lost 50 ETH in a FT sim swap attack a few days ago. Please DM me — others who have been affected are forming a group.
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@danielpsegundo
Daniel Segundo
4 years
A great book by @misir_mahmudov on the parallels between #bitcoin and time. Well done.
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@danielpsegundo
Daniel Segundo
1 year
@Gold_Mansack Seems likely that the Fed will continue the course they’re on until something even bigger breaks. There’s a good argument that their current actions are just a temporary bandaid to the regional bank weakness. Powell wants a legacy where he’s compared to Volker, not Burns.
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@danielpsegundo
Daniel Segundo
4 years
@FrancisSuarez You are doing a damn good job!!
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@danielpsegundo
Daniel Segundo
4 years
Distraction is the enemy of genius.
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@danielpsegundo
Daniel Segundo
4 years
To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What’s needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework." Buffett
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@danielpsegundo
Daniel Segundo
1 year
I put STX in the bucket of a highly skilled player in an uncrowded space. Everyone working on sexy Ethereum L2s and boring Bitcoin has been forgotten about. STX has a real short at dominating the niche of Bitcoin programmability.
@cburniske
Chris Burniske
1 year
Ordinals have catalyzed a cultural shift in #Bitcoin that will work to $STX's benefit. For those that want more programmable uses of $BTC, applications built on top of @stacks will provide what they seek.
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@danielpsegundo
Daniel Segundo
10 months
@cburniske I’m actually thinking the opposite given the anemic market response to the ETF approval odds going way up with the SEC saying they aren’t going to challenge the Grayscale decision. I think $BTC should have really moved higher on that announcement on Friday.
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@danielpsegundo
Daniel Segundo
4 years
“Men of talent hit targets other men cannot hit. Men of genius hit targets other men cannot see.” — Arthur Schopenhauer
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@danielpsegundo
Daniel Segundo
3 years
@zaoyang @surojit So many brilliant VCs are making the fatal error of seeing DAOs as “cryptocurrencies” that should all trade like bitcoin when they’re actually an evolution of the legacy corporate structure and should be considered unique Internet-sovereign equities.
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@danielpsegundo
Daniel Segundo
9 years
The #nojudgechallenge is arguably the worst thing to happen to social media
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@danielpsegundo
Daniel Segundo
5 years
Angel investing is attractive because it forces you to see the investments as businesses instead of pieces of paper you trade around. A great Buffett quote comes to mind: "I am a better investor because I am a businessman, and a better businessman because I am an investor"
@farbood
farbood — e/acc
5 years
Being a great VC or early stage investor isn’t about how good you are at picking. Sorry. It’s about how good you are at doing business That means...
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@danielpsegundo
Daniel Segundo
5 years
@naval "I am a better investor because I am a businessman, and a better businessman because I am an investor." -- Buffett
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@danielpsegundo
Daniel Segundo
3 years
@GavinSBaker “Most geniuses prosper not by deconstructing intricate complexities but by exploiting unrecognized simplicities.” — Andy Benoit
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@danielpsegundo
Daniel Segundo
4 years
Bitcoin's market cap is 1/60th that of Gold's. Ask yourself: does #bitcoin really only have 1.67% the capacity to store wealth as gold?
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@danielpsegundo
Daniel Segundo
6 years
@naval In many ways, this is why I enjoy investing. Markets are complex adaptive systems that require both an interdisciplinary and artful approach to mastering.
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@danielpsegundo
Daniel Segundo
4 years
Power never transfers politely.
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@danielpsegundo
Daniel Segundo
3 years
@harryhurst #Bitcoin is the only asset class with both venture returns and public market liquidity.
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@danielpsegundo
Daniel Segundo
9 years
If you're feeling post spring break sadness, just remember that summer is only 7 short weeks away
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@danielpsegundo
Daniel Segundo
11 years
Interact killed it at Goldfever even though we got disqualified! Apparently smoking on a #zip isn't allowed... #Interact #Brotherhood
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@danielpsegundo
Daniel Segundo
1 year
@ErikVoorhees @CoinDesk As the Germans say: "Whose bread I eat his song I sing."
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@danielpsegundo
Daniel Segundo
4 years
A man's life transforms as it begins to dawn upon him that the Truth is all there is.
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@danielpsegundo
Daniel Segundo
5 years
Authenticity is the rarest quality in this world.
@naval
Naval
5 years
What the world craves is Authenticity.
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@danielpsegundo
Daniel Segundo
2 years
"Smart men go broke three ways - ladies, liquor, and leverage." — Charlie Munger
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@danielpsegundo
Daniel Segundo
10 years
Proud to say that I founded a company today! @FoodExApp
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@danielpsegundo
Daniel Segundo
2 years
Solid @eightsleep thesis
@stephsmithio
Steph Smith
2 years
💡 In 1942, 8 hours of sleep was the norm. Today, people get an average of 6.8. New research and the $411B toll this costs the US each year has people finally "waking up" to its importance. Think the meditation industry is big? Try a TAM of literally every person on earth.
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@danielpsegundo
Daniel Segundo
2 years
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@danielpsegundo
Daniel Segundo
5 years
Off the Chain, Squared. @APompliano @BrianEstes32
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@danielpsegundo
Daniel Segundo
1 year
Here’s to a quarter century around the sun!
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@danielpsegundo
Daniel Segundo
9 years
Be around people who help make you the greatest version of yourself.
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@danielpsegundo
Daniel Segundo
6 years
@ShugmeShugyou @YouTube @KapilGuptaMD Thank you for posting this, and for the authentic effort at building a community around @KapilGuptaMD 's ideas. I think the fact that "Direct Truth" quickly became Number 1 on Amazon's Hot New Releases shows there are more sincere wisdom seekers out there than we think.
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@danielpsegundo
Daniel Segundo
2 years
DeFi’s biggest growth is still ahead. Lots of great off-chain collateral like real estate, aircraft, and cars still can’t be used in lend / borrow markets.
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@danielpsegundo
Daniel Segundo
4 years
Interesting to see a potential #bitcoin decoupling from equities. This may be a false signal of a bull market. June 2019 turned out to be. But one cannot deny the macro backdrop around the space now. It feels like we are entering a new paradigm for this asset class.
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@danielpsegundo
Daniel Segundo
4 years
Where there’s mystery, there’s margin.
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@danielpsegundo
Daniel Segundo
5 years
As the Truth comes into view All effort dies And wise action comes of its own accord.
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@danielpsegundo
Daniel Segundo
10 months
@CNBCFastMoney @RickSantelli If that happens, 74% of the US 2023 federal budget would go to making interest payments on the current federal debt (13% of $33 Trillion / $5.8 trillion in 2023 budget)
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@danielpsegundo
Daniel Segundo
5 years
To wake with utter devotion ... To exclusively see IT ... To live like a leaf carried along by The Great River ... One arrives at the place nature always intended for him.
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@danielpsegundo
Daniel Segundo
4 years
1/ @PegNetNews is interesting as a layer 2 solution for scaling Bitcoin transactions. pBTC (pegged Bitcoin) is a stablecoin on the network pegged 1:1 to Bitcoin. What matters is the system builds communal trust in sustaining that value. In that way, pBTC could be a proxy for BTC.
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@danielpsegundo
Daniel Segundo
4 years
Decentralized, censorship resistant social media networks will be built on crypto rails and hit critical mass by 2025.
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@danielpsegundo
Daniel Segundo
9 years
Homecoming: A large collection of people doing excessive cardio in fancy clothes.
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@danielpsegundo
Daniel Segundo
4 years
@prestonjbyrne @naval We will see how healthy the economy is after the virus. "Only when the tide goes out do you discover who's been swimming naked." - Buffett
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@danielpsegundo
Daniel Segundo
5 years
As the clock strikes 12 Another decade comes to a close The saga gets closer to The End Yet one question lingers before a man: “Will I remain dim and common, or will I ascend to the Ultimate Potentiality that nature intended for me?”
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@danielpsegundo
Daniel Segundo
4 years
@CitezenB @cuysheffield @MakerDAO Tezos has the upgradability and programmability characteristics to become a trillion dollar protocol. @ArthurB , @breitwoman , and the team have built a valuable machine for value accrual. Few comprehend this.
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@danielpsegundo
Daniel Segundo
3 years
On Liberty and Inequality: From Will and Ariel Durant's "The Lessons of History"
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@danielpsegundo
Daniel Segundo
4 years
Bitcoin is a citadel of objective truth secured by the world's strongest supercomputing network.
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@danielpsegundo
Daniel Segundo
3 years
Hate to break it to you @neelkashkari , but the dollar has still lost 77% of its purchasing power against #Bitcoin over the past year. Who is dunking on who again?
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@neelkashkari
Neel Kashkari
3 years
While i'm dunking on bitcoin, this seems worth reupping
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@danielpsegundo
Daniel Segundo
3 years
Corporate governance today works by letting shareholders vote on a board of directors. DAO governance today works by letting tokenholders vote on changes to smart contracts. Future DAO governance could let tokenholders select a "board" to oversee changes to smart contracts.
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@danielpsegundo
Daniel Segundo
4 years
@HayekAndKeynes Bridgewster memos and Dalio’s “Big Debt Crises”
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@danielpsegundo
Daniel Segundo
4 years
If there exists a “shortcut”, it is found here: Devotional focus and an uncompromising insistence on Truth.
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@danielpsegundo
Daniel Segundo
1 year
@JohanSalomon Qc8 followed by Ra1 or Nd7 depending on if KxQc8 or RxQc8
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@danielpsegundo
Daniel Segundo
6 years
@ValaAfshar @naval @naval "The big money is not in the buying or selling, but in the waiting." -Charlie Munger
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@danielpsegundo
Daniel Segundo
4 years
@APompliano You are absolutely correct. This is why web 3 infrastructure is so important. @IPFS or a similar project being a core piece of this infrastructure.
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@danielpsegundo
Daniel Segundo
9 years
My generation doesn't understand the power of starting to invest while we're young... We're going to fix that.
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@danielpsegundo
Daniel Segundo
9 years
Today the world lost a wonderful human being. We don't understand why these things happen, but Loukas's spirit will carry on in our hearts.
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@danielpsegundo
Daniel Segundo
5 years
A man spend the whole of his life in a waiting room He waits for pleasure Status Love In hope for his needs to be fulfilled If, by some inconceivable chance, man did not spend his life waiting for these things He would peacefully wait for his time to return to The Field.
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@danielpsegundo
Daniel Segundo
3 years
Notice what exchange she’s using? Go @River !!
@congresstrading
congresstrading.com
3 years
Breaking: Senator Lummis buys #Bitcoin $BTC up to $100,000 - in largest cryptocurrency purchase by a sitting lawmaker to date.
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@danielpsegundo
Daniel Segundo
3 years
Crypto has the most win/win, positive-sum culture in tech.
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@danielpsegundo
Daniel Segundo
10 months
@XMRfuture @RAILGUN_Project A hacker stole over 50 ETH (35 ETH net of fees and slippage) from my FriendTech account and is laundering it through Railgun. Are you willing to assist law enforcement in finding the person responsible?
@danielpsegundo
Daniel Segundo
10 months
My @friendtech account just got hacked. I lost ~50 ETH. There may be a vulnerability with FriendTech as the main wallet my FriendTech accounts was funded from appears to be fine. cc @0xRacerAlt @Pancakesbrah
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@danielpsegundo
Daniel Segundo
4 years
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@danielpsegundo
Daniel Segundo
4 years
“I don’t play the game by a particular set of rules; I look for changes in the rules of the game.” - George Soros
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@danielpsegundo
Daniel Segundo
3 years
@lopp Criminals can unfortunately invert this list — anyone who isn’t on it would be a better target.
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@danielpsegundo
Daniel Segundo
2 years
guten morgen
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@danielpsegundo
Daniel Segundo
10 years
I'd rather listen to Obama speak than go to school tomorrow
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@danielpsegundo
Daniel Segundo
2 years
Practicing for @McDonalds
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@danielpsegundo
Daniel Segundo
6 years
No matter the amount of money one may make No matter the return on investment one enjoys There is no greater investment in the world than one in overcoming the imprisonment to one's own Mind There is no greater reward than this And no greater human achievement @KapilGuptaMD
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@danielpsegundo
Daniel Segundo
4 years
@ScottAdamsSays Outside of politics — what important truth do very few people agree with you on Scott?
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@danielpsegundo
Daniel Segundo
10 years
If you never take risks, then how can you expect to be anything but average.
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@danielpsegundo
Daniel Segundo
3 years
"Culture eats strategy for lunch." - Peter Drucker
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@danielpsegundo
Daniel Segundo
1 year
@nickgerli1 Informative thread, thank you. What's your best counterargument to the thesis you laid out here?
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