PK (99.9,0.1) 🦇🔊

Low tweet rate. High hit rate.

@sassal0x You had your chance and you blew it (yes this is real)

Who can get Danny Ryan on Joe Rogan's podcast? Would be awesome to have Danny delivering the message of Ethereum to Rogan's audience

@EricBalchunas Not everything is about you, the user. There are significant operational efficiencies in moving everything to one ledger. Also allows for better tooling in managing credit risk.

I grab my phone, open my investing app, pull up $IVV click "buy" and in about 5 seconds flat I own the greatest stock market in the world for no fee and no friction with anti-fragile regulatory safeguards to boot. Tell me how tokenizing stuff improves this experience. I'll wait.

Seed $20 into fresh wallet on mainnet Have users perform a tx on each of the top 5 L2s (define the tx to top apps; Uni, Polymarkets, etc Revert all tx & send all funds back to mainnet Time it, calculate fees (gas,bridge,etc) Lowest cost and time is your new benchmark Repeat every 6 months

If you could force everyone at the EF, from Vitalik to a hypothetical new hire on their first day, to do 3-10 things onchain tomorrow, what would they be?

@jon_charb This guy said it best imo x.com/jon_charb/stat…

what are the strongest arguments for why ETH should be worth more than SOL? especially if solana keeps pulling ahead on all metrics

@fejau_inc @blockchain_brah I ain’t reading all that. Which button? /s

@blockchain_brah the answer is it wont change anything to your coins and is simply one variable in dozens to consider when you think about the weakness or strength of the economy which could well eventually affect your coins

I'm surprised I didn't see more discussion about the huge miss on consumer credit today. $-7.49b vs expected $+10.3b Pretty rare to see a negative print.

Recently moved to 100% USD allocation at a centralized bank (near perfect timing on local top) yet I still feel the pain of the drawdown. What kind of mental illness is this?

@mteamisloading @mert No, it’s excluded in later parts of the report. Which helps, but I was mostly making a joke. Whichever way you cut it, trend is favorable to Solana here. Will be interesting to see how sticky it is through the cycle

@3PointAsset @mert Is polygon included in Ethereum you think?

I am worried about this statistic. I would be a lot more worried if I didn't actually read the chart and realized that Ethereum + L2s is still #1.

@mteamisloading @mert Got you. *I am worried about this statistic. I would be a lot more worried if I didn't actually read the chart and realize that Ethereum + L2s + L3s + side chains is [probably] still #1.*

@mert lmfao i missed that. why tf they have a seperate bar for Base too then

@econoar Also Tradfi does not care about ‘money’. What they need help with is implementation, legal, regulatory. Contracts with firms that can speed this process up for Ethereum could help. Currently most contracts are w/ alt-L1, with a sprinkle of L2. EF not at the table from what I see

@econoar 3. Is better done by certain firms if you can find the right one tbh. These istos don’t want you (or the like) at the table. I’ve seen some very large grants (foundations to firms) that have resulted in meaningful Tradfi adoption. Happy to make connects, but money talks

I get you’re point, but I’m not convinced it matters all that much I have a more fluid sense of the meme of moneyness than most though. I don’t think something needs to be the main unit of account for every individual If ultimately each tx expense is paid in ETH, it is a defacto money. It will be institutionally tracked, maintain value, and have highly liquid markets. In that world it also makes a lot of sense for companies to maintain ETH reserves or have hedge strategies in place Ubiquitous awareness helps with shorter term trades, but isn’t a factor in a longer term horizon imo I buy all my goods with USD, from companies that report in usd. I (but more importantly the companies) I buy from are hyper aware of the local currencies that they produce their goods in. Go open a 10-k and you’ll see pages of disclosures on fx translation, hedge strategies, etc. Main point being, I try not to look at it in a vacuum, it’s still net demand.

@3PointAsset @whosknave yeah but i think the issue is that the user is one layer removed from ETH as an important asset. i dont think that is good from a moneyness point of view

Interesting choice of gas token

@whosknave @smyyguy Sounds like a sir who doesn’t understand gas. This, on net, is likely net ETH buy pressure

@smyyguy chat is eth cooked

@andyyy We will be closely monitoring polls. Cheating will be punished with the full force of the law!!

Should Ethereum endorse the AggLayer as a shared bridge and ERC-7683 as a core stabdard to help align the interop community?

Wow. Overwhelming consensus. Seems like a mandate is in order. Never fight a mandate. Lean in, add value, contribute to the vision. Win.

Bernstein: Buy everything [digital assets] that you can! Our Digital Asset bucket: 50%: BTC/ETH 50%: Alt-L1, ETH L2, ETH L2, ETH L2, ETH Defi, ETH Defi, ETH Defi, Gen-infra, ETH gaming CT: “ETH is ded”

@cobie @goodalexander How many BTC you offer for me to manually accept each one for you

@goodalexander i have 100k+ follow requests and if i go public they stay as follow requests and dont follow me LOL so i have to accept them somehow anyway..

@smyyguy Strategic, 30bp spread is not cost driven. (Don’t know facts though) 50bps on a MMF is pretty brutal though. This will need to come down for any sort of real adoption. Reg environment and novelty of risk/legal the driver here. Still early days but a good sign nonetheless

@3PointAsset Why do you think it’s different?

Blackrock Mgmt Fee (ETH ecosystem): Ethereum: 50bps Arbitrum: 50bps Optimism: 50bps Polygon: 20bps 30bp difference is MASSIVE (competitive funds are 10-20bps). Interesting and telling divergence. Do with this what you will.

@maxresnick @chainyoda @fejau_inc I need a level 1 CFA to check my logic

@maxresnick @chainyoda Solana is 1/3 of ETH MC Using that, along w/ these inflows as a basis for valuation, SOL should be worth $0. This makes complete sense because, although these figures are arbitrary, they are factual. And since ETH and SOL are both crypto we can benchmark each against eachother

Between November 06, 2024 and November 11, 2024 Ethereum and Solana ETF inflows combined for $513 million. Ethereum had 513, Solana had 0.