Give a monkey a keyboard and an infinite amount of time and eventually it’ll turn out the complete works of Shakespeare.
But no monkey has an infinite amount of time and some English dude has already written the complete works of Shakespeare. This means monkeys should probably do something more useful with their time.
One group of crypto enthusiasts had an idea. They created a job for a chimp, and one that didn’t involve typing forever or hanging around on yachts getting bored.
They employed a monkey called Finkey as an investment advisor.
"Degens with a dream" have partnered with South Africa’s
C.R.O.W. organization, a center for rehabilitating wildlife. They’ve installed a screen with an automatic feeder in Finkey’s cage so that each time the monkey places a trade in the memecoin market, he gets a reward.
Finkey now trades for two hours every day, and the more he bets the more he earns.
The aim, though, isn’t just to make a chimp work for his bananas. There’s a serious edge to this monkey business.
As cryptocurrencies have gone mainstream, the institutional investors who once turned their noses up at Bitcoin are pouring into the market, charging their well-heeled clients high fees for… well, nothing a hungry monkey couldn’t do at least as well.
"Degens with a dream" are comparing Finkey’s banana-powered trading skills with BlackRock’s best performing fund, the "iShares Blockchain and Tech ETF."
By day two, the monkey brains were already beating the suits. BlackRock’s fund was down 0.29%. Finkey had earned 2.3% and was building a very nice collection of banana skins.
The aim is to have BlackRock beaten by the end of the year.
Viewers can watch Finkey, and his friends, on their
YouTube channel, and track his success
on his X account.
It’s not Shakespeare, but a monkey is currently making institutional investors history.