Jeff explains why Hyperliquid chose to stay bootstrapped, arguing that VC ownership can scar a network and that self-funded revenue aligns incentives with users. The decision was initially controversial but later proved prescient as the model gained traction across DeFi.
View full episode →“Dollar inflation functions as a global tax that funds American prosperity beyond its productive capacity.”
“Losing the reserve‑currency status would cause a catastrophic drop in US living standards.”
“US debt and unfunded liabilities (~$175 trillion) are unsustainable, pointing toward a sovereign debt crisis.”