Play to Your Strengths
Hey!
I'm watching New Zealand play Iran in the FIFA World Cup right now.
It is hilarious how bad we are at football, lol.
New Zealand is great at a lot of things. We're great at rugby, cricket, and we've got some of the most beautiful landscapes on the planet. People fly from all over the world just to look at our mountains.
But we are comfortably the worst team in the World Cup.
And I'm still rooting for them obviously.
But it got me thinking about something I've been chewing on for a while now.
It's important to play to your strengths.
Whether you're a country, a person, or an entire industry. You figure out what you're actually good at and you go all in on that thing. You stop trying to be everything and just be the one thing you're great at.
Crypto has had this problem for years.
For a long time, you were probably curious about how crypto was going to impact your life. It was this exciting new technology that was supposed to change everything.
And then came the NFTs. Then came DeFi. Then came the whole decentralization movement where everybody was going to unbank themselves and live on a blockchain.
Look, that stuff is cool up to a point. I'm not going to sit here and tell you none of it matters. Some of it was genuinely interesting.
But did any of it actually change your life?
Probably not.
Your bank account still works the same way. Your brokerage still settles trades the same way. You probably still can't buy a house on a Saturday because the financial system shuts down on weekends.
Crypto kept trying to be good at everything. It was going to replace art, replace banks, replace governments, replace the entire financial system from scratch.
That's like New Zealand trying to win the World Cup. It's admirable energy but it's not gonna happen.
But here's the thing.
There is one thing that crypto is genuinely, undeniably good at. One area where the technology actually delivers something the existing system can't.
Tokenization.
Taking real financial assets and putting them on blockchain rails so they settle instantly, trade 24/7, and don't need a dozen intermediaries to process a single transaction.
You remember what happened with GameStop, right?
Millions of regular people tried to buy a stock, then Robinhood shut off the buy button. And that wasn't because of some Wall Street conspiracy. It was because the settlement system behind the scenes couldn't handle the volume.
An invisible organization behind each one of your trades, the DTCC, demanded billions in extra collateral overnight and Robinhood simply didn't have it.
While this is a left-field example, this is a major pain point every day.
I call it the hidden tax on humanity.
There are trillions of dollars every year sitting with the DTCC essentially trapped because it still takes a whole day for your stock transactions to settle.
More than $200 trillion aren't mobile enough to be moved around to satisfy margin calls and other
You don't see it.
But you certainly pay it.
With lower returns and higher fees.
That's why behind closed doors, financial institutions are integrating this technology as I write this very email. The DTCC is launching their tokenization pilot in weeks. JPMorgan, Bank of America, Citi, and Wells Fargo are building tokenized deposits together. The NYSE is building a 24/7 tokenized stock trading platform.
These are the people who run the financial system. And they're telling you that this one specific application of crypto actually works.
Crypto spent years trying to be good at everything and ended up being good at almost nothing. Tokenization is the one thing it does well. And it's the one thing that will actually have consequences for your life. Not in some abstract way. In a "you can actually manage your money when the world changes on a Saturday" kind of way.
I've spent the better part of a year going deep on this. Talking to the people building it. Reading everything I can get my hands on. And after all that work, I came to one conclusion. Tokenization is crypto's only real product market fit. And I've positioned my entire account around it.
I'm in my mid-twenties and I'm taking this concentrated bet with the goal of retiring in my 30s.
My largest position is already up +11.70% in the last month and I think the train is leaving on that one soon.
It's aggressive, but I've done enough work to know this is a mega trend that's about to be unleashed on capital markets.
Back to my example before, New Zealand isn't going to win this World Cup. But we'll keep dominating in rugby and cricket because that's what we're good at.
Crypto isn't going to replace your bank. But tokenization is going to upgrade how it works. And I think the companies building that upgrade will become incredibly valuable in the coming years.
Cheers!
Before I go, I want to tell about a special event later this week.
My colleague Steve Strazza has been crushing it with a strategy that turns these kinds of big moves into massive gains.
We're talking trades like 5,857% on SOUN in 73 days and 6,341% on RGTI in 35 days.
Since 2024, 36 of his trades have returned 10x or more.
He's going live this Wednesday at 4:30pm ET to break down exactly how it works and why the upcoming SpaceX IPO could set up some of the biggest trades of the year.
It's free to attend.
