brrabski

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brrabski

brrabski

@brrabski

Blockchain minimalist: it will only solve problems that it is ready to solve. DeFi ape. Opinions my own.

Katılım Şubat 2009
890 Takip Edilen227 Takipçiler
brrabski
brrabski@brrabski·
@alpacasw Of course it’s nacent without tokenised RWAs.
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alp
alp@alpacasw·
@brrabski The lending against collateral only makes sense for leverage/yolo speculation crap anyway.
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brrabski
brrabski@brrabski·
Crypto is Dead. Recently, two long-time crypto friends who gained massive financial independence independently said things that made me realize it’s over. One is setting up a traditional bank. The other wants to go back to Big 4 consulting. What happened? Three things 🧵👇
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brrabski
brrabski@brrabski·
I used to to send money around cheaper than banks. BTC is still good for savings. Lending against collateral works on Aave. It could’ve done p2p trade finance outside the banking monopoly and many other things. The pumps and dumps weren’t mandatory, but many people got rich on them and decided permissionless Finance was second to replacing the dollar, preventing „unfair” transaction ordering, and getting paid for „staking” Staking for new coin supply is perhaps the worst idea to have happened to crypto. The ultimate free riding vision that the whole industry chases and made up stories about it’s value, of which there isn’t any.
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alp
alp@alpacasw·
@brrabski The only use case was pump and dumps.
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brrabski
brrabski@brrabski·
Crypto may stagnate for decades, like nuclear energy, a massive breakthrough captured by politics focused on preventing its use. My consulting friend asked: "Is there redemption for a crypto bro?" I said: "I'd rather crypto redeem itself." He replied: "Forget about crypto."
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brrabski
brrabski@brrabski·
The result is L1s dominated by centralized compromises. Binance chain doesn't even pretend. Solana acts as a federated database for gambling, dropping transactions at market peaks just to keep costs low. Where does it go from here? Possibly nowhere.
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brrabski
brrabski@brrabski·
3. Hardcore OGs used their wealth to strangle progress. Bitcoin is guarded by calcified mullahs pushing inferior L2s. Ethereum visionaries strangled L1 with utopian Raspberry Pi staking and "fairness" engines like Flashbots that ended up censoring TXs under regulatory capture.
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brrabski
brrabski@brrabski·
2. Innovation has flatlined. It either stopped entirely or happens strictly within TradFi frameworks. The symptom? The Consensus conference was dominated by suits. Silicon Valley tech grew up too, but their conferences aren't dominated by compliance officers.
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brrabski
brrabski@brrabski·
The result? Paraphrasing a famous saying: the world outlawed crypto, and now only outlaws use crypto. Normal people file endless forms to withdraw their savings, while rogue states use Bitcoin outside the reach of sanctions.
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brrabski
brrabski@brrabski·
1.Crypto sold out to TradFi & was regulated to death. The rails meant to bring permissionless finance to the unbanked adopted the exact same stifling restrictions that created the unbanked class in the first place.
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BLACK DUMPLING™
BLACK DUMPLING™@BlackDumpling·
He's right, you know. For all the shit Peterson gets let's not forget that the man took on the juggernaut at it's apex, and he didn't have some media conglomerate or friendly billionaire or this or that defending him. Homey went into that arena naked and afraid, but in he went, entirely voluntarily, when he could've just as easily kept his mouth shut. And look, I'm not saying he's a perfect person, not by any means but you're full of shit if you wanna tell me that old man didn't shine like a diamond in some very dark places. We all see a lot of big courage these days, but that man was the real deal.
Jake Rattlesnake@jakerattlesnk

We should not forget the impact that Jordan Peterson had in arming us with arguments against progressives. Nobody mainstream was able to do it like him.

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brrabski
brrabski@brrabski·
@dogalmaxx How can you go on for so long about the body consuming muscles and not mention how that relates to consuming fat?
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brrabski
brrabski@brrabski·
Sovey@SoveyX

It Was Never About Iran or Venezuela: It’s About Weakening China, and It’s Brilliant China’s economic ascent is tethered to a critical vulnerability: its reliance on foreign oil. Importing over 70% of its oil, China depends heavily on a few key suppliers. This reliance creates a strategic opportunity for the U.S. By influencing Iran and Venezuela, two of the world’s top holders of oil reserves, the U.S. can exert direct or indirect influence over their trade partnerships, thereby tightening China’s energy supply. Key Points: • Venezuela: Ranked 1st globally, holding around 17–18% of the world’s proven oil reserves. • Saudi Arabia: Ranked 2nd, holding about 15–16% of global reserves. Although an ally, their reserves are pivotal. • Iran: Ranked 3rd, holding around 12% of the world’s proven oil reserves. Combined, these three countries hold ~45% of the world’s proven oil reserves. Strategic Moves with a Broader Aim While the public narrative focuses on removing dictators, curbing drug trafficking, and neutralizing Iran’s nuclear threat, the overarching strategy is clear. Ensuring these nations are not under the influence of U.S. adversaries limits China’s ability to secure its energy needs. Take Venezuela. Yes, drug trafficking into the United States is a serious issue. But Mexico remains the primary corridor for narcotics entering America, and China has played a documented role in supplying precursor chemicals that fuel the fentanyl crisis. Neither country faced comparable military intervention. If drugs were the sole driver, the strategic map would look very different. Now consider Iran. Stopping nuclear proliferation is a legitimate national security objective. Yet North Korea already possesses nuclear weapons and continues advancing its missile capabilities. The United States has not pursued direct regime removal there. The difference is not the level of authoritarianism or even the nuclear threat. The difference is strategic energy leverage. This strategic foresight is what makes the move consequential. By focusing on two nations that sit atop massive oil reserves and that have served as energy lifelines to China, the U.S. does more than remove hostile regimes. It reshapes global energy influence. The effect is subtle but powerful. Direct control is not required. Influence over leadership, trade policy, or export alignment can be enough to alter who benefits from nearly half of the world’s proven oil reserves. While the world debates the immediate justifications for U.S. actions in Iran and Venezuela, the broader picture reveals a calculated effort to weaken America’s primary competitor. Removing dictators matters. Stopping drug pipelines matters. Containing nuclear threats matters. But the main plot is strategic pressure on China. And seen through that lens, the move is not reckless. It is deliberate. And it is brilliant.

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Gummi
Gummi@gummibear737·
Trump is right when he says the Iran War is pretty much over, and it's because Iran has basically lost any and all leverage over the Strait of Hormuz (as well as its serious looming economic crisis) There's a small (but bombshell) detail from the ceasefire negotiations in Islamabad that has been unreported by the MSM, but was just broken by @aimendean...and it means that the war is probably done. If you don't know who Aimen is, he's the most insightful and credible analyst of the Middle East I have found to date He reports that this emerged at the negotiations this weekend and I quote: "The Saudis stood up for the whole GCC against this (Iran control of the Strait of Hormuz). And in fact, they threatened the Iranians that doing so would mean that we (the entire GCC) are not going to export a single drop of oil or LNG, forever, as long as you are in control of this. So technically, it's the GCC telling the world and especially the European Union that we're going to impose an embargo on the rest of the world if the rest of the world is not going to enforce international law when it comes to the Strait of Hormuz" So the GCC is ready to take 22% of global oil and LNG offline...and not just what transits the Strait of Hormuz, but all energy production. This means that Iran has basically lost all the leverage it ever had with regards to the Strait of Hormuz This is why the US doesn't have to move a muscle to open the Strait and why Iran's rhetoric has become far softer in recent days. Nothing is guaranteed, but the Iranians have almost no cards at this point...which is why Trump is so confident that the Iran War is pretty much over The Europeans could learn a thing or two from the GCC podcasts.apple.com/be/podcast/ame…
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brrabski
brrabski@brrabski·
@DostoevskyOfPGH @gummibear737 @johnkonrad All global oil is sold for USD (except Venezuelan and Iranian, and Saddam’s and Gaddafi’s. This is why everyone needs USD. If that stops, people stop needing USD. No citations needed to understand this.
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Rodion.Raskolnikov
Rodion.Raskolnikov@DostoevskyOfPGH·
@brrabski @gummibear737 @johnkonrad If this is what you have to tell yourself to rationalize this conflict, don't let me get in your way. It couldn't be that Trump went into this without strategic goals and the thought that it would be "easy". I'm old enough to remember talk of regime change.
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brrabski
brrabski@brrabski·
If you read analyses of @johnkonrad and others, you might find that opening the Strait is not urgent at all, and actually desirable until Tump hits a more important strategic goal. This other goal is transitioning China’s oil purchase routes from CNY to USD. Hence first Venezuela and now Iran. The fact that a closed Hormuz is in Trump’s favor is what caught the Iranian regime completely off guard. Trump can afford to wait it out and benefits from every day that the Strait is closed.
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Rodion.Raskolnikov
Rodion.Raskolnikov@DostoevskyOfPGH·
@brrabski @gummibear737 I may have not clarified, but opening the Strait is one of our *current* objectives now that the goal posts have been moved.
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brrabski
brrabski@brrabski·
How could opening the strait have been the goal at the start of the conflict, if it was already open? The goal has always explicitly been no Nuclear, no proxies, etc. An open Strait is nice, but a closed one has huge benefits for the US, as Trump has clearly said. It’s a footnote and not a primary goal.
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Rodion.Raskolnikov
Rodion.Raskolnikov@DostoevskyOfPGH·
@brrabski @gummibear737 One of the primary goals in a war Trump started (without congressional approval) is opening the Strait of Hormuz. *Checking notes* The Strait of Hormuz was open before Trump started the war. Just think, we didn't have to spend 50 billion, deplete or munitions, or kill anyone.
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Rodion.Raskolnikov
Rodion.Raskolnikov@DostoevskyOfPGH·
@brrabski @gummibear737 You folks all think he's playing three dimensional chess, when in actuality he's playing one dimensional checkers whilst eating the pieces.
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brrabski
brrabski@brrabski·
@MissyRomina @KI_Agent If Covid deaths were a little early, then the life expectancy after the pandemic would spike. Has it?
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Missy
Missy@MissyRomina·
@KI_Agent Interessant wäre, ob in so einer Statistik die Coronapandemie erkennbar ist oder ob die meisten Coronatoten einfach nur etwas füher verstarben, wie es einige Wissenschaftler vermuten.🤔
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Künstliche Intelligenz
Künstliche Intelligenz@KI_Agent·
Diese Grafik zeigt die Entwicklung der Anzahl globaler Todesfälle seit 1950. Wodurch kam der Peak um 1960 mit kumulativ ca. 30 Millionen zusätzlichen Toten zustande? Auflösung und Quelle der Grafik im Kommentarfeld.
Künstliche Intelligenz tweet media
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