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Thread 🧵 on “How an SVB like run on the bank would work with @X7_Finance as the bank?” —— In case you’ve been living under a rock - a top 20 US bank failed this week because it took customer deposits and invested in long dated Mortgage Back Securities…

The IQ of the crypto industry is about 4pts The BagsApp is somehow tied to AGI 🤣

@TitleTownTalks @AndyHermanNFL andy is really good on his youtube show. it would be a great pod.

@AndyHermanNFL @cryptod0c_ I accepted your podcast invite. Let’s actually set it up if you’re up for a respectful debate.

Hey @TitleTownTalks, you seem to be mad at everything Packers related, everywhere, all the time, all at once. I promise you fandom doesn’t need to be like this… it can actually be fun. How about you come do a pod with me, we’ll chat through it, and and I’ll even tell you the full story of our wild night with coach at Behnke’s house and you can get everything off your chest about us fraudulent people who cover the team. I’ll have a beer, you can bring your drink of choice, and we can solve the world’s problems? How’s that sound?

@AndyHermanNFL @TitleTownTalks my dude, I was blocked on another account weeks ago for a comment in which you said on this Monday nights show - still listening ofc btw. "People that were calling for concern after the Cowboys game were probably right, I was wrong." As you say frequently, it's just football

@cryptod0c_ @TitleTownTalks x.com/AndyHermanNFL/…

@tuerkoman @kishibeohara @nikitabier an absolute dumpster fire of a release whomever pushed this out. puts you in an endless loop.

@kishibeohara @nikitabier what's that bug ?

@TaylorLorenz @mehdirhasan bro - this is the democratic party on virtually every single issue the party stands for not a single thing also hysterical to see you back on X seeking attention, didn't take you long, lol

Every word of what @mehdirhasan said is spot on

@AndyHermanNFL can see Nixon has learned absolutely nothing from his antics. 15yr penalties and LaFleur pretending to care inbound. cannot believe he's still on the team

Nice play to leak Kraft into the flat for a nice gain but Williams strips the ball out at the last moment. It lands out of bounds into the hands of a fan but Nixon strips that out too and takes it away. Defense is everywhere.

@base @1CrypticPoet So does X7 🤝

Step 1. Don’t launch at a 7k Market Cap Step 2-99: Read Step 1 again Plenty of good solutions out there. Main problem is teams and farmers would rather farm just farm their initial holders. 99.9% of these “teams” launching coins aren’t launching a serious business… Furthermore, 99.9% of the investors aren’t investing, they are flipping/gambling. When someone puts 1ETH in to an LP, that isn’t really helping a team, it’s helping a bevy of others with an interest in the coin, not the product or business or team. Taxed coins need to come back tbh. People just need to be pickier in the teams and projects they support

I would advise you to think twice about launching a fair launch coin if you intend on using it to fund a long-duration project. Teams need resources to build. Generally, when a team raises a Series A from VCs, they give away 10-20% and keep 80-90% of the initial capital. If the project becomes a unicorn (> $1B) then usually the team owns a significant share of that which they can use for operations. In the current "fair launch" meta, teams end up with 5-15% supply at TGE after giving away 85-95%. This causes a whole range of problems. 1. No supply control means that anyone can just buy the token and start caballing it. Many of the AI projects have a token price set by the cabal choosing to support them which goes to 0 as the cabal farms the user base. In the end, the devs usually get very little, since they feel a moral obligation to go down with the ship. 2. It's really hard to give equity that satisfies teammates with prior expectations-- everyone looks at the big number, compares the "fair launch" projects to projects of old and thinks "wait why are you giving me .1%-.2% of this? That's not fair!" when proportionally it represents a far larger portion of the team's allocation than 1-10% of a more normal project launch. 3. Extremely low liquidity favors early traders but fucks over just about everyone else. Any time the liquidity becomes significant there is a risk of a big whale making an exit and selling into that liquidity, crashing the price a lot. Fair launch coins almost always have a really bad liquidity problem-- this is a feature for traders who want to see major price movements and a nightmare for builders who just want to build drama-free. 4. Fair launch only rewards builders who already have capital to put in and who coordinate smashing the button immediately with their SOL or bundling their launches. Many teams have launched a project and then have had to literally beg the community for resources to have enough to build. The only reason we've been able to get so far is because one whale extremely generously donated 11%. 5. Fair launch for real projects can create legal requirements that cost a lot of time and money retroactively moving to fix. Setting up an offshore token foundation, onshore dev co, hiring multiple lawyers, etc. *after launch* is risky and expensive. 6. Nobody expects a pumpcoin to release revolutionary L1-level tech in 2-3 years. The daosdotfun meta was created to enable traders to casually run a fund for a year and take their carry when the fund closes. We're following metas which reward projects for the first few weeks, then become major albatrosses. 7. Traders have absolutely no idea what goes into building products most of the time, and their expectations are just absolutely unrealistic. When we're building things that have never been built before, it is very hard to assess exactly how long things will take or what the technical risks really are until we've crossed those bridges. Vitalik expected PoS to be finished in 2017 and allocated tokens accordingly, if ETH hadn't shot up to $3k they'd be cooked. 8. There is also just a general problem with open source public goods, which is that people see them as free and rush to capitalize on them without consideration for how to build a sustainable and symbiotic relationship with the creators of those goods. If there were a way that I could continue to work on open source public goods forever and not have to build launchpads and tokenomics and other products to accrue value, everyone else would benefit so much more. But since very very few people are establishing win/win relationships with our project and are just using it for free to make money for themselves, I have no choice but to focus on those things. I've been thinking a lot about how we can balance the spirit of fair launch-- enabling everyone to get what usually only the VCs get-- with realistic mechanisms to enable teams to build real tech. I've been working with some really incredible folks in the space to codify this into a system and we'll be releasing a whitepaper soon.

@stuffsburner @WithTheH_ Clifford and Magic staff murdered his confidence and being a pro almost immediately Go watch his pro debut vs. Miami, I’m not kidding, best game of his career. Never ever matched that level of energy ever again. Really sad, dude had a chance to be great.

@WithTheH_ Was genuinely cool being the same player he was on draft day his whole career, just saddening

Bamba out the league at 26? Sickening work man I genuinely thought bro had it coming out of college

@mattschneidman um, Nixon sucks, and if he's back next year MLF and Gute have absolutely zero clue what he's doing dude is a walking cancerous, 15yd penalty waiting to happen CB CFL please

LaFleur on Keisean Nixon saying he doesn’t want to return kicks: “That was interesting … We have a meeting today to talk about this.” “Not sure why he said what he said.” LaFleur had a smile on his face and said he loves Nixon, has a great relationship with him.

@JSeyff 2025 the yeqr of utility: @EQ9_Official @0xGasless @X7_Finance

@ttnugent23 @chicoschisme @AndyHermanNFL @KurtBenkert 100% agree, he's not in jeopardy at all. Likely even if next year is a train wreck, which I don't think it will be. But you actually hit it, LaFleur feels a little bit like Mike McCarthy 2.0

@cryptod0c_ @chicoschisme @AndyHermanNFL @KurtBenkert I do agree that he needs to ask himself some questions, but LF is just good enough to not get fired (in the playoffs) but I’m not sure that he will be the guy to get the team over the hump. It took 2 years in a row of not making the playoffs for MM to go, likely the same with MLF

My biggest takeaway - it wasn’t a heartbreaking loss. I’ve seen enough of those to last me a lifetime.

@KurtBenkert ps. not a single good question to LaFleur post-game and not a single worthwhile answer he still doesn't get it and it's pretty obvious to everyone but LaFleur and the press core

Weekly scheduled tweet

@MarkTauscher65 not even close far and away Keisean Nixon he's just not worth it he makes 2 or 3 costly plays every game that swing the game not worth it as a nickel corner

What are YOU most disappointed in this #Packers season?

meh, I actually think @KurtBenkert is right, we don't have a #1 and it really hurts us - the others I think are exceptional 2's and 3's Watson is so tough because man, that guy is the type of stud you want on your team, blocks, speed, goes and gets tough balls, just can't stay healthy... I think Doubs and Wicks are expendable I for the life of me do not understand why Reed didn't get the ball infinitely more throughout the season, sometimes you never know, they're banged up Kurt said it the other day, go get a #1 WR this off-season wherever that may be Packers are in this weird bind all the time. We do things right, like we did in A rod's last two years, you have home field throughout...you're not playing this spread throw the ball around offense in Green Bay in January...but in the NFL you need that offense to compete week in and week out. LaFleur cannot just get the right mix. Last year tbh, felt like the closest, but now we have Jacobs, an absolute stud, but more of a traditional run the ball RB. Even though he really does great catching the ball, just a notch behind Jones. I really like our foundation. But man, LaFleur has gotta get it together in the big games, it's just way too many coaching errors every year.

@cryptod0c_ @chicoschisme @AndyHermanNFL He’s not on the hot seat at all. He’s made the playoffs in all but 1 season he’s been here. Also, I think our receivers are vastly overrated. They’re all average, to slightly above average

@MooseMilk1985 @TylerDBrooke can* be pissed

@MooseMilk1985 @TylerDBrooke Wasn’t he like 0- for challenges for most of the season. I honestly think he’s just gotten lucky with LOADS of talent. Rodgers, Love. You can’t be pissed about our lack of pass rush, but everywhere else, talent is on the field It’s a poorly coached football team and it shows

If Packers fans want to spend the whole offseason whining about Love, LaFleur, and Gute, be my guest. But this is the youngest team in the NFL with back-to-back playoff appearances and a WHOLE lot of assets to build a LEGIT contender in 2025. Me? I can't WAIT for what's next.