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It's currently hard to see how crypto succeeds without ethereum. I can easily see Solana not succeeding. It's actually really well positioned to succeed if it could get a bit more ethical and transparent. But there is nothing in that culture to suggest this will happen. As such, there isn't institutional adoption which can happen. And, any dev adoption will just eventually rotate to ethereum where institutional money will coalesce. Bitcoin kind of just continues to exist for 10-20 more years and then without starkware saving it or a decades long campaign about fairly increasing the issuance limits, it will flame out. Everyone else just has a huge uphill battle to compete with the decentralization of all 3 anyways. Which leaves ethereum as the most viable option. The L1 and L2 architecture is super strong for just about all use cases. I could imagine a hypothetical USD only L1 of some sorts. The native gas token is USD. All commerce is USD. It has smart contracts. It's semi-centralized (like an L2), but it's still considered an L1. But, I think that effectively just exists better as an L2 on top of ethereum as well because you don't have to try and find a way to fairly seed decentralization of validators. So, you're just left with eth. I believe that crypto tenets should exist. And I believe a world is better where crypto holds a larger mindshare of commerce and transactions of all sorts. As such, my thesis is long crypto. And, the best way to allocate has to be ethereum.

Fidelity commends the Senate Banking Committee for advancing the CLARITY Act. The bill provides a balanced approach and, if passed, will offer statutory clarity to digital asset markets, benefiting American investors and helping ensure the U.S. remains a global leader in digital assets.

tbh i hold far more eth than btc and I'd be very ok with $1,000,000 usd btc. btc leads the way (mostly for worse), so might as well drag eth up with it

@typesfast @libsoftiktok Insert classic comment about how you need to realize society is built to cater to the bottom quintile of people. The bottom quintile of people steal so the upper 80% can pay more.

@libsoftiktok The average Walgreens loses $250k/year to theft?

BREAKING: Walgreens reveals the Chicago South Side store they are shuttering after 20 years, lost $1 million mainly due to theft last year, which is 4x the company average, while they spent $400k a year on security and employees still got assaulted.

@VentureCoinist Ethereum is a productive asset with a *real path* to global financial utility. Bitcoin is a reductive asset with a very niche and possibly ephemeral goal as a store of value. Bitcoin is far easier to understand though. That said, Tom is absolutely in the drivers seat here.

Tom Lee's weekly $ETH buys are now bigger than Saylor's normal weekly $BTC buys. Obviously Bitmine can't compete with the larger STRC once-a-month purchases but still impressive.

@PaulYacoubian TechStars is already trademarked tho.

@paulg @AOC S-Tier PG education post. It violates the narrative harshly and succinctly.

@AOC For example, Taylor Swift and Beyoncé are both billionaires. Do you believe that they earned their money?

Someone can certainly *make* a billion dollars. That’s not the same thing as earning. Growing fast and disrupting markets also often means chasing and wielding market power, political influence, and scale. Take Airbnb. They heavily lobby politicians against passing housing laws to protect working class residents because it’s bad for their business model. Airbnb could not exist at its current scale and size without the housing market destabilizations, displacements, and exploits that are supercharging the evictions of working people everywhere from Puerto Rico to Jackson Hole. Now young people are planning for a future where they will never be able to afford to own a home while others have 20 and live off renting it out to them at extortionate rates with zero protections. Yes, a tiny amount of people can make billions of dollars doing that. And millions of everyday Americans are bearing the cost.

S-Tier PG education post. It violates the narrative harshly and succinctly.

The US federal budget is $7 trillion. There are 535 in the Senate and Congress. They collectively allocate that money. Specifically: 7000/535 = 13 billion per official. Which means AOC is a political billionaire. She allocates far more than any market billionaire. Indeed she allocates ten billion liquid, per year. A market billionaire has one billion, illiquid, per life. So: AOC spends 10-100X what a market billionaire has. It's not even close. She's right about one thing, though. AOC didn't earn the tens of billions she spends. The state taxed that money, by force.

@paulg She's the next gen Elizabeth Warren with an extra helping of woke. That's what they're grooming her into.

Sure you can earn a billion dollars. I've been teaching people how to do it for 20 years. The way you do it is to start a company that grows fast. You don't have to do anything bad to make a company grow fast. You just have to make something people want. paulgraham.com/ace.html

@lex_node @dytfin @Snapcrackle @ethereumfndn Absolutely they will take the fat check in 12-18 months and they will claim it was because they were bullied out and tempo is the future. We don't want to bully out, we want to bull up and in with eth. Good call out, now time for them to introspect and charge ahead with eth.

@dytfin @Snapcrackle @ethereumfndn it's literally the playbook for many people who join the EF, I had hoped the mandate would change things

I feel like @ethereumfndn is not really following through on the mandate. This guy is head of ecosystem development at the EF and his account has been nonstop bullposting Tempo for weeks. Tempo is awesome but certainly not CROPs-maximalist. There's another guy who has been doing an apologetics tour claiming that "code is law" and "decentralization" means 9 people can confiscate funds at any time. What was the point of such a controversial mandate and "signing the pledge" if people who work at the EF are still going to spend their time (and in effect the EF's money) promoting non-CROPS (in the latter case arguably anti-CROPS) positions?

@0xcyp eth isn't fundamentally a cult and has larger utility distribution. 10% is smaller than 4% here

Saylor is close to owning 4% of all bitcoin and everyone is freaking out meanwhile Tom Lee owns 10%+ of all staked eth and no one bats an eye why is that

@EricBalchunas Elevated cortisol levels increase water retention. Sleeping well and being on vacation decrease cortisol levels allowing for a "whoosh" of some water weight while on the trip. As a result, you find yourself at net weight deficit or equal while consuming more over the short term.

Once again I went on international trip and came home the same weight as when I left despite abandoning my weight watchers diet and eating pretty much whatever I wanted.

@ModernInvest I own *a lot* of eth, and I am not counting on this. I'd be happy if eth hit 5,000 to reclaim ATH territory and maybe ended up in the 8,000's to fully be in new waters.

Tom Lee says Ethereum might hit $22,000 in 2026, you think it could happen?

@HarryStebbings You're measuring hours while others are measuring results. It's results and outputs that should drive the number of "work days". If a company can support less days that's either a rational choice as an employee benefit or the company isn't ambitious enough with goals.

I am sorry but work from home Friday is a 4-day work week. Even worse when the Friday is a sunny Friday. Back to the office. 996.

Yes, it's plausible long-term. Gold's market cap is ~$32T. ETH's is ~$278B at ~$2,310/ETH with 120.7M supply. $250K ETH implies ~$30T cap—matching gold's. ETH's edge as productive money (staking yields, DeFi, smart contracts) could support a premium over gold's pure store-of-value role if adoption scales massively. But crypto volatility, regulation, and competition make it uncertain. Not financial advice.

@christinacaci Congrats! Yet, you'll need to keep that growth while avoiding the numerous incumbents who have an even easier time entering the space due to easier ability to code integrations which was a pseudo-moat before. They're driving prices down. It'll force you into product expansion.

It took us two years to grow from $10 mm to $100 mm in Annual Recurring Revenue and 15 months to reach $200 mm. Nine months later, we crossed $300 mm. Vanta’s growth rate increased each of the past four quarters – compounding really is the eighth wonder of the world! “But wait,” you might be thinking. “How does a software company founded before 2022 *increase* its growth rate?” Narrative violation!

@ejmaroun Paul skenes would have to throw fastballs the same speed and spot for every pitch and I would need a metal bat. And then maybe I think I have a 1 in 100 chance esp given the nerves.

I need you all to understand than 99% of people are not hitting a HR if given 100 pitches facing the #2 pitcher at their local high school.

@Djoko_UTD Waluigi in action

People asked what’s the worst style of tennis, It’s servebotting. Servebotting literally takes the basic point of tennis that is 2 players back and forth over the net. I really feel for people who pay 100s of dollars to witness a 7ft dude do this..

@krugman87 Looks like a similar enough announcement was made right around your tweet

WTI crude breached $100 this morning. That means it's time for the admin to parade out ye olde "we're meeting in Islamabad this weekend".

has everyone stopped using blinkers? it seems like 50% of the cars just go where they want, even over dividers now. it has accelerated rapidly over the past 2 years. is this due to new car tech making people complacent, or is this a dopamine thing?