1/ The #wallstreetbets #gamestop event, to me, is a fable of lions and foxes. In that story, the lions are the funds and gatekeepers of traditional finance and the foxes are a demographic of increasingly sophisticated retail traders that @chamath identified on CNBC.

2/ The lions are the kings of the jungle. Individually and in their pack, they are the strongest, they make the rules and they're on the top of the food chain. Anything smaller is their prey. The foxes survive by finding loopholes and bending the rules.

3/ The foxes suffered under the lion's rule. The laws of the jungle are there to keep them in their place. Fences got put up by gatekeepers/regulators in order to protect the lions' hunting grounds. A few foxes would occasionally slip below the fence but at risk of becoming prey.

4/ A predator living in abundance gets fat and lazy. With the short squeeze on #gamestop, the foxes executed their biggest heist yet. A mixture of cunning analysis and strength in numbers allowed them to hit the Lions where it hurts. But this is just the beginning of the story.

5/ The retaliation from the Lions in traditional finance is going to come and it's probably going to be brutal. What we see atm (discord ban, robinhood WSB stocks delisting) is just the first ad hoc step at building more and stronger fences.

6/ This is where the development of this story could become very relevant to crypto. Since foxes thrive by finding loopholes and digging tunnels below the fences, what if there was a way of leaving the gated jungle where the lions reign altogether? Enter decentralized finance

7/ Instead of just bending the rules, the foxes could discover a network of tunnels that is already being built out underneath the jungle with perfectly fox-sized entries and exit to the best hunting spots: decentralized protocols trading synthetic assets/derivatives

8/ What Scott Wapner didn't get in the CNBC interview is that the FA the foxes did was more on the distribution of leverage in the system than on an individual stock. The level of analysis shows that this retail demographic is more than ready to appreciate an alternative system.