The Rollup Rollup TV: Blockworks, Delphi Labs and Nairolf
Oct 8, 2025
Guest
Fijal / Fajal (Forward Guidance)
Guest
Jose (Jose Maria Masad) — Delphi / Delphi Labs
Guest
Nerolf (prediction markets / Fluent)
This week features Fijal, a macro commentator and host of Forward Guidance, who discusses the interplay between gold and bitcoin, emphasizing the impact of macro trends on asset performance. Jose Maria Masad from Delphi Labs shares insights on AI investing and strategies for accessing concentrated funds. Lastly, Nerolf advocates for prediction markets as a gamified finance tool, exploring how they can monetize creator engagement and attract mainstream users. Expect a whirlwind of macro analysis, investing strategies, and innovative market ideas!
AI Snips
Chapters
Books
Transcript
Episode notes
Seoul Felt Retail-Driven And Speculative
- Fijal described Seoul as retail-driven and highly speculative with live perp trading on big screens.
- He contrasted that to US conferences dominated by suits and institutional attendees.
Watch Tariffs As A Major Macro Tail Risk
- Treat tariff revenue as a macro tail risk because tariffs act like a large hidden tax on growth.
- Watch whether tariff proceeds become domestic stimulus or are refunded internationally; that determines 2026 growth scenarios.
Tokenization Shortens Market Crashes
- Faster on-chain tokenization and stablecoin collateral shorten drawdowns by creating liquidity and tighter macro correlations.
- Authorities will likely act quicker to stem market stress as private markets become more intertwined with fiscal stability.
