@CloutedMind @austincampbell He's name is Autism Campbell after all
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Xata (🦍^🎩)
10.5K posts
Xata (🦍^🎩)
@Xatarrer
Buterin Cards https://t.co/9FROMruGET / AI-enhanced QQL artist https://t.co/U0bSXF57qJ / Founder of @leveragesir
decentralization Katılım Mayıs 2017
1.6K Takip Edilen1.7K Takipçiler
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he outlines that the gas market is independant based on demand for usage of blocks as opposed to "if eth is expensive gas is expensive"
infact gas is the lowest its ever been and every day ethereum mainnet is processing more transactions than ever before while ETH is >2k -hence scaling has worked
majority of ETHs value is not derived from its usage of its blockchain but rather the security ETH provides to secure the blockchain and its monetary premium for being the best form of collateral on this blockchain that is widely adopted
if youre looking more for a value proposition from this then maybe something along these lines:
1. ethereum is secure because ETH has value
2. more and more assets incl RWAs come onchain on ethereum because of this security and trust and more ethereum adoption happens (with cheaper and faster blocks!)
3. ethereum adoption and TVL secured going up means that ETH starts becoming more valuable to account for that
4. adjacent to this, as the most adopted trusted blockchain ETH the asset is the best, most permissionless, most trustless form of collateral and store of value - accrues a massive monetary premium
and yes ethereum can have monetary premium as it has an endogenous financial system for it to be used in
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Always fun to see people strawman and sidestep the entire argument, then declare victory. If this is the best the ETH community has to offer, this fucking token is going back to $400.
Articulate a theory of value capture that justifies the current or a higher token price.
f1go.eth@FigoETH
Why am I 100% omega bullish ETH? Because all the people who think they fud ETH don't have a solid knowledge of the space / lack the basics. Best example Austin here. Fees are determinded by market demand / supply to do txns on ETH network and have ZERO to do with ETH price. E.g. ETH price can be $100k with gas fees at 1 gwei. Beautiful thing is: the more you learn the basics and grasp how things work the more you become bullish ETH.
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@Crypto_Brute Haha, im not CZ mate.
I still think you have a naive take. He's been excersing power by guiding Ethereum upgrades with his maps.
But I also think it is good he did that. He's one of the best people to have as a leader due to his idealism.
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@Xatarrer Whoa, im famous..
I didn't argue that V does not have soft power, my argument is they way in which he uses it.
Fahad suggest that he weilds this power to create more control, but V's alignment is the complete opposite. He wants to dissolve any/all vectors of control
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Very interesting.
This long ETH bear market has created a class of ETH fundamentalists that are not sensitive to logic.
Fahad is right and Vitalik has a lot of soft power over Ethereum. Pretending that somehow that is gone because he made some mild opaque changes on the EF doesn't change that.
But ironically having these type of people for whom Ethereum is always the best no matter what is bullish ETH price. Just loon at Bitcoin how well it did with fanatics like Saylor and his cohort.
Fahad Saleh@cryptoeconprof
This is misleading because it conflates formal power with soft power. Vitalik's influence in Ethereum doesn't come from his board seat. It comes from being the community's most influential voice. By his framing here, Donald Trump is irrelevant to Republican primaries because Trump holds no formal role in candidate selection. Yet Trump has unseated multiple incumbents simply by attacking them publicly, and Vitalik can launch or kill initiatives the same way.
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Tbf, the American way of drinking a glass of wine is hilarious. When my parents drink wine in Spain on every meal they drink a glass of wine that is so small that almost looks like a shot.
When Americans drink wine they fill up the glass to the top. 3 cups of wine all the way to the top is indeed TOO MUCH. Problem is that most folks never got proper drinking culture.
And btw, I agree there is a lot of sober signaling from influencers here.
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Xata (🦍^🎩) retweetledi
The faux sobriety trend does more harm than good
I’ve been sober for nearly 13 years, and it wasn’t because a few glasses of wine ruined me for 3 days, it’s because I couldn’t not have 3 bottles of wine in one sitting
I also wasn’t a pussy, I drank whiskey, but just trying to keep in line with the post
This content isn’t helpful, just a bunch of fragile ego stroking into thinking they’re better than you. They’re no better than early hybrid drivers, spirituality gurus, CrossFit people, or vegans
For people who genuinely need help, this paints the most inaccurate and retarded view of what being sober looks like. I’d put a bullet in my head if I was trying to get sober and saw this clip
If you can legit control and enjoy your drinking (at the same time), get the stick out of your ass and have a fucking drink lmao
Mikli@CryptoMikli
Steven Bartlett says a few glasses of wine ruined the next 3 days of his life “It's one of those areas where you don't understand the hidden cost until you really give it up for a while. I stopped drinking at 30 years old. I'm now 33. When I was 31, I thought, I'll have a drink again because now I could really A/B test it. I had a year of not drinking, decided to have a drink again” “It ruined three days of my life. I had a couple of glasses of wine, didn't get drunk. It ruined three days of my life because of the domino effect it caused” “I got worse sleep that night, and then because I got worse sleep that night, I ate more poorly the next day because my dopamine system or whatever, the cortisol system was all messed up. I podcasted worse. I didn't go to the gym that day or the day after because I felt really bad. I then slept worse, and I could track all of this on my Whoop”
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I really like Nic. I think he has done tremendous things for Bitcoin and I consider him an intellectual.
But I don't like so much his extreme conservative arc. The concept of "native Americans" is hilarious, specially when almost every American is 1st to 3rd generation American, from Ireland, Italy, UK, China, India, etc.
He went to US because of his exceptional skills but argues that US should stop that because it takes jobs away. Dude, those are the immigrants that save US from becoming a 3rd world country. Most of the kids in US are as illiterate as a raccoon. It only works because you import the best of other countries high education.
nic carter@nic_carter
"model" immingrant here - the best kind of immigrant you could possibly want. pays tons of taxes started businesses, etc etc. it's completely valid for native americans to want to shut down legal immigration after the neverending H1B scandal. H1B was obviously a mechanism to undercut native high skilled labor. it went terribly wrong. and it's fine to hit the pause button. it was a garbage system. go yell at the architects of H1B, not the heritage americans complaining about it.
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@llamaonthebrink It is a nice piece of tech but it is not Ethereum. Binance smart chain (EVM) replacing Ethereum would be a terrible outcome for example.
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@iamgilroy Its the algo that sucks. It destroys small accounts. We're just food. No town square for us.
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One of my biggest collectors doesn't even see, like comment or share anything I've done in a year +. This is why I'm hesitant to finalize and pay for putting out a new FOC collection. I guess I need to just swallow it and move on but I'm risk averted. Damaging to the psyche.🫤
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Some interesting ideas rambled by Tut.
I personally think CT is kinda dead simply because everyone has lost so much money to scams, gambling, perps..
Yes, HyperLiquid is a machine at extracting people's money. For those of you that still have some capital that dont wanna lose it, come to Sir.
tut™@Tuteth_
CT is dead as you know it - The MegaETH Pivot x.com/i/broadcasts/1…
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@hotpot_dao @jayendra_jog Will there be some path for small solo builders to get initial support on MegaETH?
The hardest part of any project, and especially in this market, is getting users to even test the app
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@jayendra_jog funny you use the word traditional. I think being open minded and supportive to builders is always mega’s ethos and we will continue to do so
Nothing changed except we now have more tools to support our eco via new products
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The existing financial system neither reflects the culture nor addresses the economic realities of this upcoming generation of financial participants.
Our team, composed of emerging market citizens and perma-online Gen Zers are here to build the financial operating system for the internet-native generation.
We’ve spent the past two years building MegaEVM, the fastest execution environment in the industry. The MegaEVM withstood a 11B tx stress test in mainnet production, averaging 40k TPS, while consistently charging lower fees than all others competitors.
Our technical milestones paved the way for a collaboration with @chainlink to begin building the first real-time oracle, providing unparalleled speed and security to the DeFi ecosystem.
The past two years has seen a notable and eventful ecosystem grow through MegaETH. Today, some of the most interesting new applications sit on Mega. The points program on Terminal has allowed crypto-native users to further explore the initial Mega Ecosystem, but we believe it has run its course.
We will be providing boosted USDm rewards to all eligible participants in the program. Moving forward, we will double down on sourcing and accelerating the best applications on MegaETH through personalized GTM, targeting users beyond crypto.
We are momentarily launching the MOSS SDK, a self-custody wallet that unifies liquidity between applications while maintaining top in class security through smart approvals.
These pieces lay the foundation for M(OS)S to become the financial OS built for users born to this generation.
Live Q3, MEGA blends finance and entertainment with primitives and risk preferences that have never been available to everyday users.
The MOSS SDK is uniquely positioned to solve the embedded wallet <> generalized wallet dilemma by giving best in class security guarantees to users across all apps while still maintaining one unified account.
MOSS SDK builds on the foundational work of Porto by Ithaca, providing a user-first mentality to product. We look forward to working with applications to integrate Moss and provide users with a solution to the crypto UX problem.
The legacy financial system merely adopted the internet, it was not born in it. M(OS)S is being built by people who understand the culture of internet-native users and how finance, entertainment, and identity are converging online.
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@0xbeiu 1st wave of incentives is a great way to put it.
No matter how good is the app, if nobody knows it, it's extremely hard to breakthrough into "mainstream". Specially in this extremely exhausted crypto market.
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I have to be honest here
I always supported MegaETH, but have no idea how they gonna pull it off this time
Most apps still need the first wave of incentives for people to be motivated enough to try them
I don't see MOSS as such a big kicker for it, would love to be wrong tho
The program had it's pros and cons, like any other incentives program, but it was the door to testing the apps
Beiu@0xbeiu
The good news: I earned 3753 MegaETH pts on week 3 The bad news(for me and for apps too!): The program has ended I liked the program and I was managing to climb up the ranks with relative low capital I also understand why they shut it down tho, even if I'm not convinced it's the right decision As @JoestarCrypto said it, this team doubles down on long term with every action, not giving an F about short term consequences I will continue to use some apps, of course not all of the them And that is a BIG problem imo, why would I use GMX, Cap, Kumbaya now? Just to name a few - now scale that to thousands of users - there will be side effects of this decision Now all that's left to do is to wait for final distribution and see what futures brings I am still bullish MegaETH and $MEGA, but the dynamic has shifted and no guarantees Overall mixed feelings about this decision
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@TrustlessState Agree with you. Kristi and I had a great relation with Ordinals, and then talking about Buterin Cards in the Bankless discord. She was the best at social interactions. I am however committed to making her regret fading me on my project Sir. 😌
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Kristi is an S-Tier community manager.
We were lucky to discover her relentlessly answering people's (very technical) questions about Ethereum in the Bankless discord.
Wherever she lands, your community will love her
Kristi Klaudy@KristinaKlaudy1
After 4 years helping build @BanklessHQ - the sponsor relationships, the community, the Discord, the Weekly Rollups - today is Day One of a new chapter. It's been the best kind of work. The kind you simply love and never get tired of. I'm now looking for what's next. My sweet spot is at the intersection of sponsor relationships, partnerships, and founders and users community - with a deep understanding of the crypto space and how projects think about brand, visibility, and Go-To-Market. If you're building something ambitious and need someone who knows this space inside out, I'd love to talk. DMs open 🙏 And to everyone at Bankless, especially @TrustlessState and @RyanSAdams, thank you for everything ❤️
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@ArmedDegen @OffshoreOnMega I think a lot of people gave up, if it's getting exciting and crazy again they will come backl
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Xata (🦍^🎩) retweetledi
dunking on bankless is always fun but the truth is that these two were pretty much the only ones hyping crypto up during the despair of the 2018-2020 winter. not sure anyone would’ve stuck around if not for their energy
CT could use another power couple like that right now
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One half of Bankless now ETHless? 🙃
What better bottom signal do you need?
Last time David supposedly crashed out and sold the bottom, ETH went straight from $1.5k to $5k within 4 months.
David Hoffman@TrustlessState
Has there been a huge vibe shift in CT over the last 2 weeks, or was that just me selling the last of my ETH
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is the bottom finally in on $mega? 👀
btw what have you guys been doing on @megaeth terminal recently?
it’s been a while since i shared my own activity on there
i think we might be getting the next points drop + rank update in a few hours from now too
really hoping they start allocating more pts towards people actually using dexs, lending protocols
instead of mostly rewarding activity on their casino apps
Tony@CreateWithTony
$MEGA is that kind of token you can't confidently go short on because even tho its down only, it could just rip at any time.
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I was concerned about $VVV being overvalued. But after seeing so many concernors now I feel much more confident in my bag.
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