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I've made more money from long-term trends than anything else. And the one I have the most conviction in is L1s. People can't understand how I hold through drawdowns like this. How can you ignore it falling this much? Simple. I'm not looking at the price. I'm looking at what these networks actually become. The economy is about to change shape completely. Billions of AI agents, transacting constantly, at a speed no human system was ever built for. They can't run on the old banking rails. Three-day settlement, correspondent banks, closed on weekends... none of it works for machines. They need rails that are programmable, instant, always on. That's what L1s are. The settlement layer for the machine economy. We just invented them a decade too early. And they're trading at a fraction of the NASDAQ and the semis... for the thing the whole next economy runs on. Wild. I pulled together my entire thesis on crypto this week... why the machine economy needs these rails, and why the value of a far bigger economy ends up accruing into the L1s. It's all here: https://t.co/9pBYR6P9wb