David Hoffman

Crypto wasn't created to make you rich It was created to set you free.

@econoar Best PA I’ve ever seen

ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2 is moving soon

@satoshiheist Yo I am down

Should we run New York City back?

@flyingsolo1111 Iran attacking and sinking ships in the strait guarantees their economic demise. They don’t have many options

@TrustlessState Bro to close the straight they only need the ability to sink ONE unarmed commercial ship. The only way to “win” is to get them to voluntarily cooperate, which means they can’t lose. This has been known by everyone since forever

Iran’s entire game is about maximizing risk premiums for insurance companies. They have 0 other options. They are running on fumes economically, and the only path forward they see is making insurance companies stop covering ships in the Strait of Hormuz They’re on the ropes and this is all they got. The war is won… but it’s not over. Iran will drag this out as far as they can.

😮

Man I can’t stand Argentina sorry.

I believe in Europeans superiority That’s why I believe in #argentina

Hey maybe stop being a little bitch in the World Cup and play the game instead

@XsNoixe Money = 0 on all accounts

@TrustlessState Explain to me how the War has been won please? Same regime. Check. Same enriched uranium. Check. Same support for guerilla proxies. Check. By what measure has the war been won?

Mac Allister!!!!!!!!!

I’m not half bad at flagging the future dynamics that will shape the competitive landscape, so here’s my new warning: Everyone is now competing with the optimizations laid out below on @Lighter_xyz This includes Hyperliquid – as the most active traders will gradually move their flow away from HL priority fees and 100’s of ms speedbumps to @Lighter_xyz Just how modern trading and arbs work. And anybody counting on MCP/MCL and wanting your perps DEX fully onchain? I’d do a serious evaluation of the best case scenario of that end state compared to @Lighter_xyz today. Still won’t be up to par? Don’t waste your time then as it won’t win any market share – better off building an L2 on a single sequencer. Very hard to compete fully onchain with multiple validators. Starting to understand why @fogo and @slx_fi will be optimized in @TheHUB ?

@econoar The ceasefire was about contending whether it was closed or open

I thought it was already closed?

@EricTrump Okay

ETH is pumping hard! Great to see! Crypto is the future…

@ArthurLex5 @coinbureau To what?

@coinbureau @TrustlessState but how does the value accure?

🚨ROBINHOOD CHAIN JUST FLIPPED HYPERLIQUID IN DEX VOLUME Robinhood Chain processed more than $560 MILLION in DEX volume over the past 24 hours, setting a new all-time high and overtaking Hyperliquid. Daily active addresses surged toward 200,000, with over 140,000 first-time users, while nearly 16,000 new tokens launched in a single day.

Insane goal!!!!

@MINHxDYNASTY @legendtrade @ryohhno Congrats my dude.

up a +59% on my lit long > 2nd degree bet with robinhood chain getting attn > perps provider for rh > if regulation clears up, it’ll do well thanks to my quant for this one

I literally give zero fucks

Bro… this is not the future of finance

@WestCoastWalka @Bankless @RyanSAdams I give a less than 2% chance RSA buys pump

@Bankless @RyanSAdams @TrustlessState Man, hearing Ryan and David so disinterested and down on ETH was a real bummer. Such a hard pivot from where they were a year ago. Ryan considering investing in pump?!? I’m sad.

WEEKLY ROLLUP: War Is Back. Saylor Sold. Bitcoin Went Up Anyway? War with Iran is back, but markets barely blinked. @RyanSAdams and @TrustlessState unpack Saylor’s $216 million Bitcoin sale, whether it marked the bottom, Robinhood Chain’s memecoin breakout, and Vitalik’s “Ethereum 3.0” roadmap. [TIMESTAMPS] 0:00 Intro 3:12 Iran War Returns, Markets Shrug & @Saylor Sells 3,588 BTC — Was That the Bottom? - @DrEliDavid - @saylor - @rob_e89rtosmit 20:17 @Robinhood Chain’s First Hit: Memecoins - @vladtenev - @haydenzadams 28:17 Ethereum 3.0? Vitalik’s New Strawmap - @VitalikButerin - @r2Jamong - @barnabemonnot - @dankrad - @DefiIgnas 45:46 @JPMorgan’s $700M Ethereum Fund & @Paradigm Fundraise - @TradingProtocol - @matthuang 53:13 The Fight for 24/7 Markets & David’s Portfolio Check-In - @jchervinsky - @econoar - @rambo_xbt - @TrustlessState 1:04:00 Closing & Disclaimers

@ryanberckmans > I think David's missing the forest for the trees here on ETH and Robinhood. > provides arguments we said on Bankless for years.

I think David's missing the forest for the trees here on ETH and Robinhood. - "by now..." GENIUS is one year old. The modern era of building real businesses for real people onchain is just hitting S curve ramp now. We're early. - "L2s are independent chains" except for using L1 for settlement/DA/interop to all other L2s, and typically, heavy use of ETH. - "economics not captured by ETH". ETH is a SoV and nondebt money, it wins by building a monetary network and global confidence. It's not a cash business. ETH bears like David look at today's landscape, conjugate it negatively, and assume the future will look like the past. They are pessimists. The optimistic view and bull case is: what if JPMorgan's L1 money market fund- that grew to $700M in 7 weeks- is followed by ten thousand more? What if Robinhood is followed by a thousand more institutions building new eth L2 rollups to power their real businesses for real people? Pessimists sound wise. Optimists get rich.

@armaniferrante I don’t use it much anymore, for all the reasons stated above. I use @infinex the most now, and they even have on-ramps integrated.

@TrustlessState Out of curiosity, what's the main thing that keeps you coming back to Coinbase?