Thread
- Posted
- 2026-09-16 19:09 UTC
- First seen
- 1d ago via the feed
- Chain
- Solana
- Position when posted
- $87.1K
- Likes
- 1
Other theses on this trade
Who will launch - phat/gp - rs/gp - xmascracker/gp - bond/gp This is going to have a massive deflationary moment when added as a quote token The derivative space is too strong underneath I suspect gp to 20-50m and the above tickers once deployed in the future to stagger up into even the low 2m range I think were the first token with 2+ sub pairs also in the top 10 by end of month
It is not priced in what is about to happen to this once $GP is added as a quote token 20-50m reprice following that catalyst
Just locked 2% of the supply for the week https://app.streamflow.finance/contract/solana/mainnet/DsggpS5wVoEN37o3C2issPCJZRjxgQwGPLtCBcRQg5HU
Thesis When a state-backed currency collapses, people will move wealth into any accessible, scarce digital asset. During Venezuela's hyperinflation, RuneScape Gold (GP) functioned like physical gold: a stateless store of value anchored to human labor and digital scarcity. Cost of production Gold holds value because mining it consumes machinery, fuel, and labor, and its price rarely falls below extraction cost. GP works the same way. Earning it requires hours of repetitive manual play, electricity, and internet access. Because it costs real time and energy to produce, GP has a baseline value that does not depend on any government. When the Bolívar collapsed, GP held its price because it was priced by a global player base, not a local central bank. A stateless safe haven Capital controls made dollars and physical gold nearly impossible for ordinary Venezuelans to obtain. GP became the loophole. Trades settled on independent markets like Discord, outside government reach and untaxable. Millions of players worldwide demand GP daily, so Venezuelan farmers could sell instantly to international buyers at a stable price and bypass their domestic economy entirely. Protecting daily purchasing power Central banks hold gold to preserve purchasing power over decades. Venezuelans used GP to do the same over days. The loop: farm GP, hold it in-game beyond the reach of currency decay, sell a small amount to a broker when food or medicine is needed, receive local currency directly to a bank account, and spend it before it loses value. Risks Corporate control: gold belongs to no one; GP belongs to Jagex. A ban or server shutdown erases savings instantly. Virtual inflation: gold supply grows slowly; automated bots farm billions of GP, diluting its real-world value over time. The meta-irony The historical role of GP as a macro hedge has now been financialized as a memetic asset via $GP. The token pairs a parody currency with a gold-tracking asset (StockX GLDX) through a 3% fee reward pool. Fees are distributed pro-rata to holders in GLDX. A currency born inside an MMORPG, once a survival mechanism for people with no other option, now generates yield denominated in a derivative of real gold. The loop is closed.
Two types of people in the world Those who played rs and those who didn’t Guess who has more money