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Marc Weinstein Profile
Marc Weinstein

@WarcMeinstein

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7,553
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7,387
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Partner @MechanismCap and retail trader (we’re all retail) @interndao

Los Angeles, CA
Joined January 2012
Don't wanna be here? Send us removal request.
@WarcMeinstein
Marc Weinstein
28 days
Calling out @COINBASE 🚨🚨 Your KYC Policy has now cost me nearly 6 figures in 1 month. OK, so here's the scenario: On March 19th, I put on two trades (yes they were trades, not long term holds). These buys were very much in the money 1 week later; however, days after I made…
@WarcMeinstein
Marc Weinstein
1 month
Lawyer friends of CT Is it legal for an exchange to freeze your account without allowing you to close open positions?
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@WarcMeinstein
Marc Weinstein
4 years
Imagine Fyre Festival, but Billy gets bailed out by the US taxpayer.
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@WarcMeinstein
Marc Weinstein
2 years
PSA: Do Not send USDC via @wormholecrypto . They will take control of your funds, refuse to bridge them, and refuse to return them by claiming some BS value limit breach (which they should tell you b4 send Tx is confirmed). They will then block redemptions
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@WarcMeinstein
Marc Weinstein
3 years
gm - everyone flexes on CT, but rarely share the Ls. In that spirit, I present to you, my 3 worst crypto misses (and there dozens more): $sol at $0.50 and $2.00 $grt at $0.0035 $ftt at $0.10 You?
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@WarcMeinstein
Marc Weinstein
3 years
What does Ethereum smell like?
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@WarcMeinstein
Marc Weinstein
2 years
Crypto Twitter today
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@WarcMeinstein
Marc Weinstein
3 years
Advice to college grads: join as many DAOs as possible, contribute, learn and play P2E games. Future of work is here.
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@WarcMeinstein
Marc Weinstein
4 years
@eriktorenberg Cognitive dissonance
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@WarcMeinstein
Marc Weinstein
3 years
1/ Tomorrow @YieldGuild is launching their IDO on @SushiSwap 's Miso platform. @MechanismCap are proud investors in $YGG and believe this launch is only the beginning of the next wave of success for the project and play-to-earn gaming more broadly
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@WarcMeinstein
Marc Weinstein
5 years
Overheard at #FO256 . Fidelity releasing a client survey in next few months. One stat +50% of their institutional clients expect to make an allocation to #crypto in the next 5 years. If you’re still here, you’re in the right place (and probably the right time)
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@WarcMeinstein
Marc Weinstein
5 years
My thoughts are w/ the 20,000 individuals who lost their livelihood, many of whom have families to support. I hope the crypto community can grow to be inclusive and help create new jobs to support these people. It’s likely early days for this sort of news.
@Travis_Kling
Travis Kling
5 years
This picture will be shown time and time again for years to come.
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@WarcMeinstein
Marc Weinstein
5 years
The more open I’ve become with my flaws & freely I share my internal struggles w/ others, the more incredible people have entered my orbit. It’s astounding. I wish I could prove this scientifically, I guess it’s the law of attraction?
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@WarcMeinstein
Marc Weinstein
1 month
If $degen L3 valuation continues to climb surpassing L2s & L1s, it would be the canary in the coal mine for rerating of entire crypto app layer In a world w/ seemingly infinite block space, the closer you are to the users, the more value you should capture The “easy” bet has…
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@WarcMeinstein
Marc Weinstein
28 days
This is the message I have received every time I’ve tried to sell out of a position:
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@WarcMeinstein
Marc Weinstein
2 years
0/ One of the most exciting and underappreciated areas in this #Metaverse moment is #digitalfashion I believe that digital fashion sales will exceed physical fashion sales in my lifetime driven by at least 5 converging trends a 🧵
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@WarcMeinstein
Marc Weinstein
5 years
Every time I hear @APompliano speak, I feel like I’m hearing Pacino’s “game of inches” speech from Any Given Sunday. Just totally #Pompd up. Feel like I can go run a marathon.
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@WarcMeinstein
Marc Weinstein
3 years
Days like today in crypto are kind of like the Olive Garden... if you’re still here, you’re family
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@WarcMeinstein
Marc Weinstein
5 years
@Jason What i’d do differently: 1. Work w/ founders who have complimentary skills. Communicate clearly up front. Put founder agreement in writing 2. Build capital-light businesses. Start small 3. Have confidence in what we do & how we do it, but keep eyes open for better models
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@WarcMeinstein
Marc Weinstein
5 years
I just let go of 30 unread & open browser tabs. It was a tough loss, but I’ll survive
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@WarcMeinstein
Marc Weinstein
18 days
Ram Dass once shared a room with a man on a hippie meditation retreat. When he discovered the man was a banker, he was shocked. Here's this Banker's story: --------------------------------------------------------- The Banker was a VP of Industrial Loans at a commercial bank in…
@DenzelVelasque3
Denzel22
20 days
This is basically selling your soul, it’s so pointless
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@WarcMeinstein
Marc Weinstein
5 years
@realDonaldTrump Wow. The president of the United States is acknowledging bitcoin as a competitor to the US dollar: “first they ignore you, then they laugh at you, then they fight you, then you win”
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@WarcMeinstein
Marc Weinstein
2 months
Good to remember how euphoric you were at a local top. Try to remember where you thought your bags would go in 1 week, 1 month, 1 year time. Will help to keep those targets in mind when the max fear sets in
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@WarcMeinstein
Marc Weinstein
3 years
Crypto is not like Pokemon, you can't catch em all. Stick to your game and do it well. You'll have your moment
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@WarcMeinstein
Marc Weinstein
1 year
/1 Huge respect for all founders grinding through a very challenging 12+ months. Through it all @mechanismcap continues to invest in & support top-notch teams shipping great products w/ positive fundamental momentum. Here's an update on just a few (expect more updates to come)
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@WarcMeinstein
Marc Weinstein
2 years
👀👀
@tier10k
db
2 years
Mechanism Capital Launches $100M ‘Play-to-Earn’ Gaming Fund: Coindesk
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@WarcMeinstein
Marc Weinstein
28 days
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@WarcMeinstein
Marc Weinstein
3 years
1/ @MechanismCap just announced our lead investment in @xdefi_wallet alongside @Delphi_Digital @Morningstar_vc @AlamedaResearch , @ErikVoorhees , @lemiscate , @sebaudet26 & other leading DeFi investors. Here's why we led the round
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@WarcMeinstein
Marc Weinstein
28 days
Email 1 sent on March 28th: "Also, if I would like to close open positions while this process is underway, is there any way I can do that since I cannot trade? I have multiple hundred thousand dollar positions in [$X] and [$Y] open at the moment."
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@WarcMeinstein
Marc Weinstein
28 days
@mentalist420 @coinbase I have an account at @krakenfx and it has now become my defacto exchange since the SEC has protecced me off of every other CEX
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@WarcMeinstein
Marc Weinstein
5 years
High schools should teach a mandatory class called “adulting” - personal finance management, calendar and time management, what else would be included?
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@WarcMeinstein
Marc Weinstein
5 years
@Jason 1. Founder drama - didn’t agree to scope of work up front, divided the pie between too many people too early 2. Capital intensive business model, required constant reinvestment 3. Followed classically bad advice to: “ignore the competition” - they had better model than above
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@WarcMeinstein
Marc Weinstein
28 days
Email 2, sent on March 29th: "Hi, I wanted to follow up on this. At the very least, I have an open [$X] position I’d like to close to USD please. Can you help me? Thanks, Marc"
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@WarcMeinstein
Marc Weinstein
5 years
Launched my new podcast, Look Up!, today in honor of #MentalHealthMonth . We dive deep into technology addiction. Excited to share it with you all. If it resonates please retweet.
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@WarcMeinstein
Marc Weinstein
3 years
Hope you haven't been assholes to your normie friends this year, or you won't be allowed to live in their basements. At least your mom will take you back, maybe
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@WarcMeinstein
Marc Weinstein
2 years
UPDATE: This was resolved by Wormhole customer service after 1 hour; likely in part due to this tweet. Most important point here is that if their daily limit is hit, they will not warn you before you send funds to the bridge.
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@WarcMeinstein
Marc Weinstein
5 years
0/ Sharing this on @Twitter because I was censored by @instagram / @facebook not once, but twice! I visited Auschwitz-Birkenau this week where, in 1944, 11 of my family members were sent to the crematoria. Against all odds 2 of my aunts survived to share their stories.
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@WarcMeinstein
Marc Weinstein
2 years
Joining the Synthetix discord in 2019 does not make you a macro expert
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@WarcMeinstein
Marc Weinstein
2 years
0/ @BreederDAO is the TSMC of metaverse assets - transforming raw in-game materials into more valuable assets that are used by guilds and other crypto game players. Its token $BREED democratizes access to these data & capital-intensive processes.
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@WarcMeinstein
Marc Weinstein
2 years
The Metaverse is really a Multiverse, but there are not yet standards. Interoperability is a major challenge/opportunity. Who's building in this space? DMs are open
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@WarcMeinstein
Marc Weinstein
3 years
The best way to "get into" crypto is to literally get involved. Join the discord, volunteer, use the protocol, play the game It's that simple. gm
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@WarcMeinstein
Marc Weinstein
3 years
“If I used more leverage, I’d be retired”
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@WarcMeinstein
Marc Weinstein
5 years
Have you ever been told “don’t burn bridges?” Something I was taught from childhood, but I’m starting to believe that we sometimes need to burn some toxic bridges down. What’d you think?
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@WarcMeinstein
Marc Weinstein
5 years
Launching a new layer 1 still pays too well. HBAR at $0.04 gives Hashgraph $2Bn network valuation. What "middleware", layer 2, or tooling company can reach $2Bn this fast? None. Until these gains normalize, crypto tooling and dev experience will continue be sub par.
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@WarcMeinstein
Marc Weinstein
6 years
Like to see more speculation into a Facebook Token. Believe existing centralized platforms like Facebook will use Blockchain tech to generate immediate scale
@CoinDesk
CoinDesk
6 years
What a Facebook Blockchain Token Might Look Like
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@WarcMeinstein
Marc Weinstein
2 years
Never made 30 under 30 and still proud of all my friends who just did. Be the Enjoyor
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@WarcMeinstein
Marc Weinstein
3 years
Been a pleasure working with @Daryllautk whose boundless energy, sharp intellect, & desire to do right by others inspires me. Wish I had 1/2 of this "when I was his age" You know I'm a people maxi, so whether we "work" together or not, you're squad & WAGMI PS: 33 is boomer now
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@WarcMeinstein
Marc Weinstein
3 years
When I first joined @joinClubhouse , I never expected it would be the catalyst for mass awareness of crypto, but it is.
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@WarcMeinstein
Marc Weinstein
5 years
Excited & honored to be back at my alma mater speaking at the @PennBlockchain on VC investing in crypto. Met some old & new friends tonight at the speaker’s dinner @finnstr @SatoshiLite @AriDavidPaul #quakerscrypto
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@WarcMeinstein
Marc Weinstein
5 years
I’ll take the people who have all the questions over the people that have all the answers any day. Intellectual honesty is important
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@WarcMeinstein
Marc Weinstein
4 years
$YFI $100,000 don’t @ me
@WarcMeinstein
Marc Weinstein
4 years
Imagine not being bullish on $yfi
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@WarcMeinstein
Marc Weinstein
2 months
Study dynamic TAO
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@WarcMeinstein
Marc Weinstein
5 years
Many in startup scene are anti-MBA. I’ve been too, but what if an MBA graduate pursues an unconventional career path (ie: crypto)? I think he/she will be uniquely positioned to benefit when the unconventional becomes conventional. *think this only applies to top 5 MBA program
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@WarcMeinstein
Marc Weinstein
28 days
@ImVitek @coinbase A US Citizen who's been protecced out of pretty much every other exchange and needs a venue to trade with liquidity
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@WarcMeinstein
Marc Weinstein
4 years
@MarkBeylin They’re basically the same thing, I know from experience
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@WarcMeinstein
Marc Weinstein
2 months
In midtown Manhattan today and it dawned on me that there’s still an entire world of men who wear suits & ties to work and are forced to shave daily. Couldn’t be me
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@WarcMeinstein
Marc Weinstein
5 years
If I merged two of my favorite things: crypto and consciousness into a telegram channel, would you join? Crypto peeps talking about consciousness - also offering solutions for #cryptobrain (it’s real, I know it is)
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@WarcMeinstein
Marc Weinstein
1 month
If you're a crypto company and you cannot accept USDC from your investors - what are you even doing here?
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@WarcMeinstein
Marc Weinstein
4 years
A friend new(ish) to crypto sent $USDC to an ERC20 address at @Gemini . The funds clearly arrived in their account on Etherscan, but he cannot access them since UsDC not supported. Technically it’s simple to send back, but their response is “sorry, it’s ours now, onwards”
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@WarcMeinstein
Marc Weinstein
5 years
Now that Maryann has been fully repaid Netflix is supporting a new GoFundMe campaign to repay all of the local Bahamians who worked for #fyre . The Exuma Foundation is leading the effort along w/ director Chris Smith
@netflix
Netflix
5 years
Andy King has seen all of your FYRE Fest memes — and he loves them!
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@WarcMeinstein
Marc Weinstein
4 years
@iam_preethi Bhagavad Gita
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@WarcMeinstein
Marc Weinstein
5 years
Anyone else just keep their AirPods in so they can walk around and talk to themselves without judgement?
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@WarcMeinstein
Marc Weinstein
12 days
What if… Hiring great people, whether crypto native or not, is the answer. Imagine
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@WarcMeinstein
Marc Weinstein
5 years
@Crypto_Briefing
Crypto Briefing
5 years
There's a hell of a lot of hype surrounding #SecurityTokens . But as @WarcMeinstein from @wave_financial explains, it doesn't match the reality.
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@WarcMeinstein
Marc Weinstein
4 years
@Shaughnessy119 Diversification preserves wealth, concentration creates it
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@WarcMeinstein
Marc Weinstein
1 month
Every cycle there's a new category that "OGs" from prior cycle miss & thus hate: 2014 - ETH 2017 - ICOs 2018-19 - alt L1s 2020 - Yield farming 2021 - NFTs 2024 - Memes Tbh, we could add memes each year, but in '24 you really feel the seething rage against them
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@WarcMeinstein
Marc Weinstein
5 years
Someone please explain to me the value of buying and holding gold? It’s purely a speculative asset. It has value because finite supply and people believe it to have value. Bitcoin is no different
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@WarcMeinstein
Marc Weinstein
5 years
@dougboneparth To be fair, the individual homeowners weren't bailed out; the corporations holding packaged derivatives of these mortgages were. Oh and universities should foot the bill for a large share of the student debt as penalty for not producing employable citizens
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@WarcMeinstein
Marc Weinstein
4 years
No problem, Powell’s got this
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@WarcMeinstein
Marc Weinstein
1 year
@ewarren What has crypto done to harm working class families?
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@WarcMeinstein
Marc Weinstein
28 days
@CoinbaseSupport Hi - i've raised the issue with you. I tried for multiple weeks to have you close the open positions. Now i'm down bad
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@WarcMeinstein
Marc Weinstein
5 years
If you’re not watching Hong Kong, you’re missing one of the greatest peaceful demonstrations for justice in modern history. It is not to be ignored. Where this leads? Time will tell - 2/7 citizens are marching
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@WarcMeinstein
Marc Weinstein
5 years
Recently realized that most cravings (ie: junk food, a beer, social media) are based on the desire itself not the object. Replacing the object with a healthy alternative like 10 push ups or a glass of water is rewiring my brain 🧠 while fulfilling the desire
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@WarcMeinstein
Marc Weinstein
5 years
Had a great chat with @PeterMcCormack primarily based on my experience with #FyreFestival . Humbled to be included on this show alongside recent guests like @APompliano @aantonop @billbarhydt - hope the next invite will be purely based on merit rather than my wacky experience.
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@WarcMeinstein
Marc Weinstein
5 years
Billy, that you?
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@WarcMeinstein
Marc Weinstein
3 months
The narrative shift from infra to Web3AI is just starting and going to be massive redistribution of crypto wealth
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@WarcMeinstein
Marc Weinstein
4 years
Imagine not being bullish on $yfi
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@WarcMeinstein
Marc Weinstein
1 month
Lawyer friends of CT Is it legal for an exchange to freeze your account without allowing you to close open positions?
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@WarcMeinstein
Marc Weinstein
5 years
@RogueNotary @davidgerard Paywalls will accelerate wealth gap by creating a flywheel whereby the poor have access to low quality clickbait and the wealthy have access to the highest quality news.
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@WarcMeinstein
Marc Weinstein
5 years
Can’t wait for my first visit to Toronto
@Futurist_conf
Blockchain Futurist Conference
5 years
📢 Speaker Announcement 📢 Marc Weinstein @WarcMeinstein of @wave_financial is an official speaker @Futurist_conf We are looking forward to hearing Marc this August 13-14 in Toronto! Check out all the speakers and get your tickets: #blockchain #Toronto
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@WarcMeinstein
Marc Weinstein
3 months
Angels, KOLs, & small funds who are piling into ridiculously overvalued, 3-tranched club round private sales are in for a rude awakening when they try to sell their SAFT at an 80% discount to “mark to make believe” FDV, and realize the other 50 “investors” in the round all had…
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@WarcMeinstein
Marc Weinstein
4 years
Dealing with bank wires is a joke - fees, red tape, etc. All investments (crypto or non) should use stablecoins
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@WarcMeinstein
Marc Weinstein
3 years
Gm to the 9k Neets who think this account worth following
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@WarcMeinstein
Marc Weinstein
5 years
Today I am grateful for: Trees Romance My body Independence You?
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@WarcMeinstein
Marc Weinstein
5 years
“Give me six hours to chop down a tree and I’ll spend the first four sharpening the axe.” - Abraham Lincoln
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@WarcMeinstein
Marc Weinstein
1 year
Memecoins throwing the ultrasound money thesis on their shoulders rn
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@WarcMeinstein
Marc Weinstein
5 years
Emotions are not noise, they’re data. Observe & learn
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@WarcMeinstein
Marc Weinstein
5 years
Finding it’s not worth riding a Bird (in LA) unless I want to joy ride. Cost comparison for 2 mi trip (not rush hour) Uber (w ride pass): $5.99 ($7.50 without ride pass) Bird: ~$6.85 (15min, $0.39 / min, $1.00 + tax) Uber gets me there faster & with lower risk of injury
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@WarcMeinstein
Marc Weinstein
5 years
My current crypto thesis: I have no f%^*ing clue OR loose convictions loosely held
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@WarcMeinstein
Marc Weinstein
5 years
Focused on privacy / being better steward of my data: @brave my new default browser @duckduckgo my new default search engine @signalapp my new default messenger
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@WarcMeinstein
Marc Weinstein
2 years
I spoke to a dozen founders this week Everyone asked me how I’d add value Not one asked for a founder reference
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@WarcMeinstein
Marc Weinstein
5 years
I used to beat myself up over my regular existential crises. My friends in college called me “Who am I” for a bit because I had so many. They were debilitating. But now I’m beginning to see them as one of my greatest strengths. We are all susceptible to the allure of convenience
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@WarcMeinstein
Marc Weinstein
5 years
Be wary of individuals who lack self reflection and are unable to take responsibility for their actions
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@WarcMeinstein
Marc Weinstein
5 years
“Would take the first lunar module that landed on the moon 681 days to do the same number of calculations as the iPhone in your pocket can do in 1 second” - Charles Fishman. Think about that!
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@WarcMeinstein
Marc Weinstein
5 years
Packed house at @fluidityio conference today to kick off #NYBlockchainWeek followed by another packed #defi meetup w @hummingbot_io @MakerDAO and others. Can feel the excitement
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@WarcMeinstein
Marc Weinstein
3 years
DeFi is middleware. It's the groundwork of the open standard for exchanging value in the Metaverse.
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@WarcMeinstein
Marc Weinstein
2 years
👀👀👀
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@WarcMeinstein
Marc Weinstein
3 years
Today, capital flows relatively freely around the world while labor is massively constrained. The Open Metaverse levels the playing field by adding “labor liquidity” that will flow like capital This is the greatest democratizing force of our lifetime. Cc: @gabusch @YieldGuild
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