In this chat between Jinming and Shenyu, learning notes 👇

Since first getting in touch with Bitcoin in 2011, my view of BTC has “not changed.” It’s still “digital gold”—an asset you can truly hold without intermediaries. Some say Bitcoin can’t keep rising because they haven’t seen new narratives. But Shenyu believes: “Good assets don’t need narratives—the longer it lasts, the more valuable it becomes.” Bitcoin’s value is realized in extreme situations.

What do I think about gold? I don’t look at it, and I don’t hold it. Bitcoin is a better kind of gold.

Public-chain ecosystems like Ethereum might not be for people to use, but for AI agents to use. That said, I’m still observing whether the scenario of “mass adoption of agents on Ethereum” will actually happen. The possibility has already been opened up, but it still takes time.

Shenyu’s three-layer position strategy:
1) When you spot an abnormal signal, buy a fraction—of a few per mille, not exceeding 2%—as a watch position. Spend time and effort to figure out the company’s fundamentals;
2) If the logic checks out, upgrade it further—increase the position to a 5–10% allocation;
3) You need to go through a “leap of faith.” Only when TAM is large and both dimensions—monopoly plus growth—look good, can you upgrade the position from within 10% to 20% or higher.

Assets currently in Shenyu’s third tier include: Bitcoin, Ethereum, and Tesla. SpaceX is still observing and timing the entry. Also considering whether to downgrade ETH.

How do you get information on a daily basis now?

Fully relying on AI—mainly three key Agents:
One Agent is more tool-/logic-oriented, telling you what happened yesterday;
One Agent is more feminine/soft, helping you search for those things deep inside, like a therapist;
And another Agent combines your behavior and outputs from yesterday to tell you what your blind spots are—suggesting references or adjustments based on historical events/people.

There’s also a separate note-taking system. Based on evolutionary-thinking, it abstracts and organizes previous points of focus / related content, “crossbreeds” some ideas/articles, and pushes them in front of Shenyu. There are also daily digests/long-form articles, and more. Overall, once you build the Agent system, trust that important information will come to you on its own.