After 5 years of preparation, it seems that we can finally expect the Ethereum Merge to take place in a few weeks, specifically on the 15th of September. In spite of the technical complexity involved in what some have referred to as “repairing a plane on the flight”, neither users nor developers would be impacted in a significant manner, but what about investors and traders? Is the Merge priced in? Are the markets forward looking? Does the law of supply and demand only work after the fact?

Over the past months before coming up with the Compound III proposal they have been focused on the Compound Treasury.

Most often, rationality is defined as clear execution under sound judgement and discipline. When investing, most tend to complement their thesis within a rational decision-making framework, as if that made their analysis "fundamental". Under the spectrum of business and economic valuation techniques, that might be correct. However, the markets are never wrong, and the world is not always rational.

And once again you are on your own, wandering around the walk of life where it is not enough to be right, and corroborating ideas that are already proven correct is no longer trending. A new era has come, and it has brought new challenges with it: coming up with things that no one else has realized yet. Predictions are not enough either, others will predict the same thing and everybody will fall on the same place. The only feasible solution seems to be "to have a bad idea". And still, it seems impossible to get rid of that dirty inner voice whispering that "all you need is to be right. It's not essential that everyone else be wrong."

Student loans, failed interviews, regretful job experiences, attempts to measure creativity ... they all can lead one to break down in tears. That's only the stress of a situation that also involves "friendships", "experience", "maturation". Personal conditions are the key here, and there is no one external factor that truly unlocks the potential one holds. The rise of the internet, and also its bubble, has enabled autodidacts to learn more than they ever could have in human history. And yes, this also applies to the have-to or technical degrees.

Everything can be learned, but not everything can be taught. You can’t be trained for specific knowledge once you have become irreplaceable and, as soon as one becomes irreplaceable, they are too busy to be even hired. You don’t have to be the founder of a Web3 startup to understand this, but it helps to recognize conviction when people are making the trade of a decade.

“The said this, and he said that”, but the numbers just keep and all the trader can do to position himself is to read their minds. Someone says something and everyone follows the narrative, until someone changes it.

Everything can be learned, but not everything can be taught. You can’t be trained for specific knowledge once you have become irreplaceable and, as soon as one becomes irreplaceable, they are too busy to be even hired.

Modern-day gladiators don’t go out boasting around about their accomplishments. The insider scoop of crypto is something that goes within the nature of the individual. Simply said, you have to be a different beast in a jungle full of apes, llamas, and owls. Humans are the only animals that can use rituals and mantras to counter our biological instincts against a market that is always right.