The Chopping Block: threadguy on Crypto's Social Trading War, Trader Celebrities & AI Agents

**threadguy** (0:00)
In a way, you get to cut the, for the social part, because you cut the noise. You get exactly what you want. I'm just here to trade. I'm not here to discuss decentralization. I'm not here to discuss crypto ideals. I just want raw P&L. This is where I'm going. And so I think that social, I think the social graph is very sticky. I really do.

**Robert Leshner** (0:16)
I think you just indirectly called us punks.

**threadguy** (0:19)
Not a dividend.

**Tarun Chitra** (0:20)
It's a tale of two quants.

**Haseeb Qureshi** (0:22)
Now, your losses are on someone else's balance sheet.

**Tarun Chitra** (0:24)
Generally speaking, airdrops are kind of pointless anyways.

**Haseeb Qureshi** (0:27)
Unnamed trading firms who are very involved.

**Tarun Chitra** (0:30)
I like that eat of the ultimate puns.

**Robert Leshner** (0:32)
DeFi protocol is part of the antidote to this problem.

**Haseeb Qureshi** (0:36)
Hello, everybody. Welcome to Chopping Block. Every couple of weeks, the four of us get together and give the industry insider's perspective on the crypto topics of the day. So quick intro, it's Rizekat Tarun, The Giga Brain and Granpuba at Gauntlet. Yo.
Thanks again, Robert, the Crypto Connoisseur and Tsar of Superstate.

**Robert Leshner** (0:51)
Good afternoon, everybody.

**Haseeb Qureshi** (0:53)
Joining us today, we've got special guest thread guy, Titan of the Trenches.

**threadguy** (0:57)
I was looking forward to that, man. Excited to be here.

**Haseeb Qureshi** (1:01)
I'm glad to have you. And I am a C, the head hype man at Dragonfly. We're early stage investors in crypto. I want to caveat that nothing we say here is investment advice, legal advice, or even life advice. Please see Chopping Blocks at XYZ for more disclosures.
So Thread Guy, you are in a new era, it feels like. You're in your purple era, you've got a suit on. Tell us about this new look that you've got going on in the new era of the Thread Guy media empire.

**threadguy** (1:25)
I mean, we're doing market open streams now. I'll tell you what, after 1010, I looked around and thought to myself, what am I gonna do with my life? I'm looking at open interests, there's none of it. I'm looking at volume, there's none of it. I'm looking at Pump.fun revenue, it's down 90%.
And then I look over my shoulder and I see gold and I see silver trading like memes. I see the AI trade going crazy and I'm just like, man, what if we start trading some of these assets over here? And so since 1010, basically, it was like a crypto-only portfolio, crypto-only stream and obviously the AI trade and the stock trade has been nuts. And so I'm doing market open now. It's like crypto-only too, we just trade. And the thing that I've learned, go ahead.

**Tarun Chitra** (2:14)
You're doing collared shirts now also.

**threadguy** (2:17)
Well, I'm like, if we can do market open.

**Tarun Chitra** (2:19)
We're playing with the big boys, you know?

**threadguy** (2:21)
I want to feel inclusive to our new stock traders turned crypto-curious stream viewers. So it's been a fun transition.

**Haseeb Qureshi** (2:31)
That's what you wear every day. Cause I've seen a lot of your clips and you're always wearing, you're always kind of suited up.

**threadguy** (2:37)
Well, I usually have a jacket on too, but I figured I'd go casual for like Wednesday afternoon.

**Tarun Chitra** (2:41)
Yeah, I appreciate that. Casual.

**Haseeb Qureshi** (2:43)
I mean, the only person who wears a collared shirt out here is Robert. So you are hitting the vibe of our stream. So for those of you who don't know, cause I should preface, we have a lot of regulators and lawyers and people like that who listen to our show. So Thread Guy, he's like the Gen Z whisperer. He has one of the largest streams. He has a huge following. He's a big trading and markets influencer within crypto. And as he mentioned, obviously the purview of his stream has expanded, where the crypto kids are now trading a lot more than just crypto.
You went viral very recently for a clip that I think was just maybe yesterday or day before. Just two days ago. Where you said, two days ago, yes, where you said that crypto OGs wouldn't last today. Because back in the day, everything went up. There were altcoin seasons where alts just went up for no reason. You could make money buying just all sorts of garbage. And you were basically, the way you put it, you were day trading against plumbers. And today, it ain't like that. Streets are a lot meaner.
Talk about this take because I think a lot of people were incensed at your description of how easy it was back in the day. Because of course, I was around back in the day. There were a lot of people who lost money back in the day too. Yeah.