GM. This is Milk Road, the crypto newsletter that delivers the spice. No water, no milk, just takes.
Here’s a taste of this week’s menu:
- 🔥 Wanting to quit is bullish.
- 🥵 The housing market is about to crash.
- 🌶️ Waiting for a "smartphone killer"? Don’t hold your breath.
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HOT TAKES OF THE WEEK 🔥
Wanting to quit is bullish 🤨
Head of Galaxy One, Zac Prince, sees the extreme bearish sentiment and recent "rage quitting" from Crypto Twitter as giga bullish!
To Zac, it’s a classic pattern-matching signal that the market is about to rip upward.
(Here’s to the quitters I guess?.) 🥂
🎙️ Listen to the full Milk Road Daily episode here.
The housing market will crash and the gov. will be forced to buy houses 📉
Housing market analyst, Melody Wright, believes a crash is on the horizon.
One so bad that the federal government will be forced to step in as the buyer of last resort, after institutional investors flee the housing market.
(Leaving properties in disrepair.)
Yikes!
🎙️ Listen to the full Milk Road Macro episode here.
Waiting for a "smartphone killer"? Don’t hold your breath 🫁
Finally, someone said it!
ARK’s Frank Downing and Nicholas Grus don’t think AI needs a "smartphone killer" to succeed.
Hell, they believe the smartphone will remain the primary device for the next 15–30 years.
And sure, new AI hardware releases (like the Meta Ray-Bans) will serve as "companion" devices for specific use cases.
But they’re not going to replace smartphones as the primary screen any time soon.
🎙️ Listen to the full Milk Road AI episode here.
CHATGPT BUT PRIVATE
The biggest problem with ChatGPT is that your prompts aren’t private.
You’re feeding sensitive information to centralized servers that might train on your data.
That’s why privacy-minded teams are moving to Okara.
Here’s why you should consider switching:
- All your personal research and strategies stay private.
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- Build with specialized models without getting stuck in one ecosystem.
Okara only costs $20/month for unlimited prompts. (Use Code MILKROAD for a 20% discount.)
If you care about privacy, Okara is built for you.
HOT TAKES OF THE WEEK (P2) 🔥
Telegram is a "Hellscape" for security 👺
The crypto space loves Telegram.
(It’s where the industry communicates privately.)
But Joshua Frank, CEO of The Tie, thinks institutional businesses should avoid it like the plague.
Why? Oh, you know, the frequent hacks, phishing attempts via fake Calendly links, and the fact that banks have been fined billions for using non-compliant messaging apps in the past…
Stuff like that.
🎙️ Listen to the full Milk Road Daily episode here.
Tokenization is not an "instant liquidity" button 🤦♂️
Figure Markets CEO, Michael Tannenbaum, just corrected a common misconception:
Tokenizing an asset does not automatically make it liquid.
It only provides the infrastructure for liquidity.
If we want actual market depth, we’re going to need standardization and a robust market structure.
🎙️ Listen to the full Milk Road Daily episode here.
PRO INSIGHT OF THE WEEK 🔮
On Thursday, a PRO All Access member posed a great question:
“Do you folks explore going into other sectors beyond AI / Crypto?”
“For example, there seems to be a significant shift in defense spending.”
“But it's outside my circle of competence so either I spend a ton of time learning or just stay in my lane and wait for our AI / Crypto bets to play out…”
In response, our Head of Research, Kyle Reidhead, laid out his thinking:
“We focus only on the largest secular trends - trends that grow for decades not a few quarters.”
So we really don’t care/think about defense spending increases or any of this kind of stuff.”
“It’s just noise that takes you away from investing in the best long term and fastest growing assets in the world.”
The core takeaway?
“Saying no is a very important part of investing.”
P.S. Want direct access to our PRO analyst team, so you can get your burning questions answered in real-time and make the right moves?
BITE-SIZED COOKIES FOR THE ROAD 🍪
Privacy is one of the biggest issues in crypto. Zama is fixing that.*
The global economy is being rewired for AI. We launched AI PRO to give you the playbook for the biggest investing opportunity of our lifetime. Join at a 20% discount this week only to get our deep-dive research, monthly AMAs, and Discord access.
This chart is why we need scarce assets like crypto: 80% of all dollars were created in the last 5 years.
JPMorgan is embracing Bitcoin! JPMorgan Chase will now accept Bitcoin as collateral.
Promising outlook for the coming years? Andreessen Horowitz just raised over $15B to pour into venture capital.
A $300M ARR energy giant is launching a crypto token. It’s called $ENERGY and we broke down everything you need to know in the article linked above.*
*this is sponsored content.
MILKY MEMES OF THE WEEK 🤣
