100 - How to Survive in Crypto | Cobie

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Jan 10, 2022

Cobie, also known as Crypto Cobain, is a narrative investor and thought leader in the crypto space with nearly a decade of experience. He shares his essential survival strategies in cryptocurrency, emphasizing a mix of skepticism and curiosity. The conversation dives into the significance of decentralization, the challenges of regulatory frameworks, and the contrasting philosophies within the crypto community. Cobie humorously explores crypto personalities using an alignment grid, providing a light-hearted yet insightful analysis of their motivations and impacts.

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ADVICE

Survive in Crypto

Cultivate a balance of skepticism and curiosity.
Evaluate potential downsides while remaining open to positive change.

ANECDOTE

Origin Story

Cobie's initial interest in crypto stemmed from witnessing financial struggles and distrust in the system.
He saw Bitcoin as an impartial, non-state-controlled alternative.

INSIGHT

Reality Maximalism

Individual contributions to crypto's success are smaller than often perceived.
Focus on observing market trends and understanding why things happen (reality maximalism).

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🎉 Happy 100th Episode 🎉

Cobie, fka Crypto Cobain, is a cultural staple in the crypto space. Wearing many hats as a narrative investor, thought leader, and memelord, we dive into the brain of one of our favorite crypto characters.

Having been in crypto for nearly a decade, Cobie tells us his keys to surviving in crypto and what it takes to last long term. We also dive into how much decentralization matters, roles and responsibilities in shaping the world around us, and his outlook for 2022 and beyond.

Cobie advises a healthy dose of skepticism and curiosity, and describes himself as a reality maximalist. He’s gone on an absolute tear recently, dropping a series of excellent thought piece articles that establish mental models for understanding narratives across the ecosystem.

We also go through moral alignment charts and ask Cobie the big question… What does he think of Bankless?

------ ✨ DEBRIEF ✨ | Ryan & David's Unfiltered Thoughts on the Episode https://shows.banklesshq.com/p/debrief-cobie

------ 📣 ONJUNO | Crypto from your Checking Account! https://bankless.cc/OnJuno

------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/

------ BANKLESS SPONSOR TOOLS:

⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum

🍵 MATCHA | SMART ORDER ROUTING https://bankless.cc/Matcha

🚀 SLINGSHOT | LAYER 2 SOCIAL TRADING https://bankless.cc/Slingshot

🏦 GEMINI | TURN FIAT INTO CRYPTO https://bankless.cc/Gemini

🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave

🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants

------ Topics Covered:

0:00 Intro 5:30 How Cobie Survives in Crypto 13:41 Early Discoveries 21:22 Reality Maximalism 32:38 Responsibility & Roles 43:39 Tribes, Decentralization, Utility 53:10 Profit Maximalism 1:01:31 Staking & Incentives 1:10:42 Wins and Losses 1:19:20 Crypto Brain & Culture 1:28:45 Wealth & Purpose 1:36:18 Chaotic Good & UpOnly 1:39:58 Judging Others 1:54:00 Bullish or Bearish in 2022 2:00:42 Closing & Disclaimers

------ Resources:

Cobie on Twitter https://twitter.com/cobie?s=20 UpOnly https://uponly.tv/ Cobie’s Newsletter https://cobie.substack.com/

----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures