liquid staking is overpricing carry strategies

Risk is easiest to ignore precisely when it is most expensive.

Builders and treasuries should track Bitcoin even when social feeds obsess over layer-2 networks.

Put beside current chatter on “Nvidia preparing to oust CEO Jensen Huang after affairs: WSJ,” the incentive problem looks clearer.

Risk is easiest to ignore precisely when it is most expensive.

That is why watching Bitcoin alongside layer-2 networks usually explains more than chasing every alert.

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