Eric Williams Jr.

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Eric Williams Jr.

Eric Williams Jr.

@Ericwjr

Child of Jah Husband Dad Mobile and IoT engineer Real Estate investor Android @flock_safety Creator @sonofyapp Alum @georgiatech

Atlanta, Ga Katılım Kasım 2010
313 Takip Edilen76 Takipçiler
Jacob King
Jacob King@JacobKinge·
Here’s how Bitcoin can easily spiral into a worst-case, totally catastrophic domino effect of cascading failures. 1. Exchange liquidity gets destroyed under relentless record-selling pressure (record ETF outflows), driving prices lower in a self-reinforcing capitulation loop. 2. Retail investors slowly begin to get worried, rush to offload their crypto holdings either converting to fiat or withdrawing off exchanges entirely, but platforms mysteriously go offline or become unresponsive. Executives start sueing anyone claiming the exchanges are insolvent to delay a panic. 3. Highly centralized exchanges, lacking sufficient reserves after secretly gambling user funds on risky bets and proprietary trading, start to outright ban selling and withdrawals, repeating patterns seen dozens of times before in past crises. 4. Fear reaches unprecedented levels as trapped holders realize they cannot access their funds. They were promised decentralized control, but are quickly realizing it was all a grift. 5. Unlike past recoveries, Tether is now under intense federal scrutiny, so has halted aggressive printing for the last several months, failing to flood artificial liquidity and spark a rebound. Pairing begins slipping slightly. 6. Confidence in stablecoins erode rapidly, setting the stage for wider chaos as trading pairs begin to wobble without reliable dollar-equivalent backing. 7. Miners, bleeding from unprofitability amid soaring energy costs and now plunging rewards, capitulate en masse and sell their BTC reserves onto an already starved market. Prices plunge even further. 8. Hashrate collapses at unprecedented speed, reviving nightmare fears of a 51% attack as the network's security becomes dangerously thin and vulnerable to coordinated malicious actors. 9. At the breaking point, heavily leveraged corporate holders like MicroStrategy lured deep into the Bitcoin treasury strategy, trigger brutal margin calls. 10. Michael Saylor and the firm are forced into massive involuntary liquidations of their enormous BTC stack, hundreds of thousands of coins, to meet debt obligations and stave off insolvency, flooding the market further and accelerating the freefall. 11. Demand utterly vanishes as endless forced sales from every corner overwhelm any remaining buyers, turning thin order books into pure chaos. 12. In the devastating escalation, Tether fully depegs violently as the panic intensifies, plummeting toward zero while confidence shatters completely. 13. Insiders potentially vanish amid mounting regulatory heat, and trading pairs across the ecosystem freeze solid with no effective dollar-equivalent liquidity left, locking out any meaningful buying power. 14. With the network critically under-secured from the hashrate crash, a successful 51% attack becomes feasible. 15. Attackers rewrite recent transaction history, halt network transactions, or in the absolute doomsday variant exploit dominance to impose catastrophic changes like inflating supply or corrupting core protocol integrity. 16. The ledger fractures irreparably, trust evaporates completely, and Bitcoin enters a terminal death spiral toward zero as nodes drop offline, miners abandon ship, and the once-unbreakable network grinds to a halt. The story of Bitcoin mirrors the Titanic. It was said to be unsinkable, but that was never true. You will see.
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Jacob King
Jacob King@JacobKinge·
One of my favorite things about investing is that, over time, the market settles every debate. People claimed Bitcoin would soar to millions, that countries will FOMO in, institutions will go all-in, and it will become some global reserve currency. In the end, it’s all noise. Mr. Market eventually exposes the uninformed by delivering facts, not narratives, and showing that these outcomes do not actually materialize. It’s one of the few arenas where every prediction is ultimately tested, and most are proven wrong.
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Kevin Durant
Kevin Durant@KDTrey5·
Y’all keep bringing up my legs…might be time to address it with @cerave? #ad
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SniperMonke
SniperMonke@SniperMonke01·
What seemed improbable, impossible, unlikely, occurred today, where a white hat returned generational amounts of money after exploiting one of the most robust and forked codebases in DeFi. While not personally a contributor to @GMX_IO I've come to know many of them, have met and shared drinks with them. Some of my closest friends in the space emerged from the GMX community, born in the bear market. Seeing what could have been a devastating blow to all of that was sickening. I don't think it can be understated how calm and collected those that I spoke to remained through the last 48 hours, and its a true testament as to why GMX has the brand the recognition and respect it does. Seeing 99% of the replies and DMs filled with pure love and positivity across x, telegram, and discord, be it from integration partners, KOLs, and even competing protocols makes me hopeful for the space. Sure, you'll always get the odd snide remark but i think most recognise that when fellow DeFi protocols suffer such exploits it is damaging for the entire space, and in those moments you should wish for the best outcome. Happy that this story has a positive ending, with lessons to be learned to make sure GMX comes back stronger than ever. 🫐♾
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The All-In Podcast
The All-In Podcast@theallinpod·
🚨besties are BACK🚨 @tuckercarlson joins the show! @friedberg is off this week -- ice raids, la riots, immigration debate -- strong economic data: tariff revenue, inflation, and more -- big, beautiful bill update: state of the bill, senate math, and more -- major escalation in the middle east: war with iran? **NOTE: this episode was recorded on thursday, before the events in the middle east all-in will be back to cover the situation next week (0:00) the besties welcome tucker! (4:25) ice raids, la riots, immigration debate (46:08) strong macro data: inflation, tariff revenue, gdp (1:14:00) big, beautiful bill update: state of the bill, senate math, and more (1:29:15) escalation in the middle east: war with iran?
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Mike's The GOAT
Mike's The GOAT@MichiganMike23·
@SnusKungin @DimaZeniuk @elonmusk 14,900 satellites. The Earth is over 24,000 MILES in circumference. That number is even bigger when talking about an orbit around the Earth. So even if those satellites are a mile long each (which is obviously an exaggerated number), it would make a line half way around.
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Dima Zeniuk
Dima Zeniuk@DimaZeniuk·
The number of satellites launched into space has grown incredibly fast
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Eric Williams Jr.
Eric Williams Jr.@Ericwjr·
At some point all you're really left with is your name
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Eric Williams Jr.
Eric Williams Jr.@Ericwjr·
Jah has heard your tears, relief is on the way...
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Eric Williams Jr.
Eric Williams Jr.@Ericwjr·
"that's not a stray, that's my brother"
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Eric Williams Jr.
Eric Williams Jr.@Ericwjr·
Doing things that you should do even when you don't feel like it is usually a sign that you are selfless... Way to go
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Eric Williams Jr.
Eric Williams Jr.@Ericwjr·
Science is the physical law of the universe...the more laws you know the more you're able to do in the universe Laws = Freedom So it goes with the spiritual laws of the universe
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Eric Williams Jr.
Eric Williams Jr.@Ericwjr·
@kevinsekniqi You need to mention some parallels from other industries for multi chain so people better understand... 8 cylinder vs 1 huge cylinder or multi core instead of 1 giant core CPU or elastic beanstalk instead of 1 huge computer. What is the cost of coordination between the chains?
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Kevin Sekniqi 🔺
Kevin Sekniqi 🔺@kevinsekniqi·
Look, some intellectually honest talk. No sugarcoating anything for the sake any of type of alignment. Blockspace is going to become extremely commoditized, no different to what's happening to AI models. There's now an arms race to basically have all chains converge to roughly the same performance. I expect there to be a cluster of about 3-5 different stacks that are about the same UX within about 18 months. This is a clear and direct trend extrapolation. Wallets, dapps, and any other on-chain protocols effectively have zero allegiance to anything besides users (as they should), and they will go fully omnichain over time. Clear and direct trend extrapolation. On-chain activity is growing FASTER than what any single chain is able to sustain currently. Long are the days of users forgiving bad user experience on chain (e.g. DeFi summer days). Users have now experienced fast AND cheap, and will not go back. But since activity is growing faster than blockspace ability, single-chain networks will hit a concrete wall. Clear and direct trend extrapolation. The most viable long-term tech stacks will be the one that will enable permissionless AND public composability of custom blockchains, and that will do so without having one application affect the performance of any other application. This is the multi-chain networks, ala Avalanche. Clear and direct trend extrapolation.
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Eric Williams Jr.
Eric Williams Jr.@Ericwjr·
Good delegation is a full time job... Who knew?
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Eric Williams Jr.
Eric Williams Jr.@Ericwjr·
Starting to realize that I can really spot talent from years away
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Eric Williams Jr.
Eric Williams Jr.@Ericwjr·
9 year old daughter tells me "Daddy, your a good man"... And then it was all worth it
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Eric Williams Jr.
Eric Williams Jr.@Ericwjr·
@KingJames But choosing to go to Lakers based on how they treated past greats like Kobe is also a really good reason for an all-time great like yourself to join the Lakers...I see nothing wrong here
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LeBron James
LeBron James@KingJames·
🧢. I came to the Lakers cause I wanted to help Jeanie win championships, bring that Spark back to the Lakers and see my family blossom in SoCal. Why would I make a decision on how someone else is treated. Mama always said “Stay out of grown folks business”. 🤷🏾‍♂️
Legion Hoops@LegionHoops

Report: LeBron James joined Lakers partly because of how they handled final seasons of Kobe Bryant’s career lakersdaily.com/report-lebron-…

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