Sancho Panza

absolutely wild

@SCHIZO_FREQ this was too good

Many mocked crypto as being an "unserious industry" just two years ago, but everything's changed now. We've really grown up. It all started with genius prodigy inventor Pacman - creator of the Points Meta. "What? Points meta?" So in crypto there's this thing called an "airdrop." It's where a protocol bribes early users with the implied promise of money, awarded in unknown quantities based on unknown rules. The reason you haven't heard of it is because it's completely banned in literally any other industry, due to it being a violation of 67 SEC regulations simultaneously The old airdrop system was highly inefficient. It's extremely illegal to tell people what behaviors qualify them for airdrops, so nobody really knew - they were just going around apps, clicking random combinations of buttons in the hopes it would one day qualify them for this free money. This was all changed by Pacman, when he invented the revolutionary "points meta" - a system where users are awarded "points" for performing certain activities. These points are directly proportionate to the airdrop funds received - more points = more airdrop money. "Wait, so it's illegal to tell people what activities qualify them for airdrops, but it's not illegal to give them a quantity of 'points' that also tells them the exact same thing but in a videogame way??" Apparently so. Either that or regulators just haven't learned about it yet, and when they do, all founders relying on the genius and revolutionary points meta are doing back to jail. "BACK to jail?? As in, they've already been???" Yes, the reason we all work in crypto is that felonies carry a 7-year employment strike in the US, which prevents us from attaining traditional employment. Anyway, after he invented the points meta, genius prodigy inventor Pacman embarked on his second great invention - the Blast L2. Being totally honest with you, I don't really know what an L2 is, from a technical standpoint. Neither did Pacman, so step one of his invention process was asking if people would send him money to do research. He let them know he only needed their funds for about 3 months, and that all who helped would be awarded generously in "Blast points." He raised 1.6 billion dollars. After his three months of research and invention were complete, Pacman emerged from his laboratory with the Blast L2. Unfortunately, due to many sleepless nights inventing, he forgot to move everyone's money onto the Blast L2 himself, so nobody could claim their points without paying a $300 ethereum fee to get there on their own. Everyone was so excited to see what genius inventor Pacman had 'cooked' that this posed no issue - tens of thousands paid the fee. Forcing users to burn millions of dollars in Ethereum before making a single transaction instantly cemented Blast as the number-one most Ethereum-aligned "L2" in existence. "Ethereum-aligned? What??" That's another industry term I'm unfamiliar with. As far as I can tell, when something is "ethereum-aligned," it means "very expensive and hard to use." People always say it as a compliment though, so I'm sure I'm missing something At this point, everyone is on Blast - the first L2 with native yield. Me, all my friends - and the North Koreans. Nobody really expected the Koreans, but somehow they snuck in and hacked about $60 million out from the "Munchables" treasury, and they're going to use it to fund the North Korean military or something. This puts genius inventor Pacman in quite the pickle - He can either roll the Blast L2 network back to a previous date, before the North Korean military had exploited the Munchables protocol for $60M in military funding Or He can do nothing This might seem like an easy decision - why would you not roll it back to reclaim $60M in user funds stolen by the North Korean military? The answer, like all answers when the Ethereum network is involved, comes back to "centralization." If genius prodigy inventor Pacman rolls back the Blast L2, this sets a precedent. Apparently pretty much all L2s can actually be rolled back, or forward, or however - totally manipulating all the crypto the L2s are holding at the whim of the centralized body who controls the chain. However, we don't want anyone to know they can do this, because it looks really really bad. We were pretending the stuff was all decentralized and this exposes our charade to the whole world. Should he choose to roll back the Blast L2, genius prodigy inventor Pacman will be attacked by the rest of the industry for destroying our illusion. Many founders are concerned regulators may force them roll their chain back in similar ways now - "Genius prodigy inventor Pacman was able to roll his chain around, why can't arbitrum do it??" One hour ago, I'd thought the answer to that question was "blockchains are immutable. I can't just edit Arbitrum, lmao" Apparently I was wrong, and the L2s everyone's been proposing as "Ethereum scaling solutions" are just monkey dollars. While this has significantly impacted my trust in the industry, I will remain here for another 4.5 years - when my employment strike expires.

@0xGeeGee don't worry, it's priced in that he won't deliver

My monday's dilemma is how much i can trust that the biggest griefer in all of defi will actually deliver this time

@kamikaz_ETH agree, makes sense

💔🇵🇸 THIS IS INSANE.

@vydamo_ @JohnDoe55573 add

If you need to be added to the $cabald reply below and @JohnDoe55573 our resident twitter chat manager will get u in

@gmDAOscribe @kayvan2sfo @RichardNadler1 magic eden, site says it saving my ordinals signature never finalizes saving

@cryptopanza @kayvan2sfo @RichardNadler1 Which wallet are you using?

GM👹 The bots have arrived. I'm even more bullish on Nadler's Memento Mori drop on gmscribe. The gmscribe team is hard at work bringing it back online. Last I checked, there were roughly 450 bids with .02 as the tentative clearing price. Don't miss out.

@gmDAOscribe wallet won't connect

𝐋𝐚𝐬𝐭 𝐦𝐢𝐧𝐮𝐭𝐞 𝐛𝐢𝐝𝐬 As a reminder, any bids (confirmed or unconfirmed) submitted within the last 10 minutes of the auction will extend it by an additional 10 minutes. This can continue for a maximum of 2 hours. Therefore the auction must end at 7pm UTC at the latest

@Berabot_ Ooga Booga reporting

WHO DIS ??? 🐻 We might send invite codes to some Ooga Booga in the comment section 👀

@flashNFT @MoonOverlord Same boat lmk how you decide

@MoonOverlord Exactly the thoughts going around my head rn, making me unsure if I should go deeper into base or just stick with SOL

im bullish ETH but I do think its in a really weird place in the market their retail space got taken by SOL the high end collectible market got taken by BTC and L2s dont really have much adoption

@kamikaz_ETH Are you buying anything rn? Serious q.

@TheShamdoo 8joKJyefW5fUoFozvkLM9rnbNLVAT72171FZUDtQFmDx

Drop your solana address. 24 hours.

@tervoooo @flymetothe23 Same here, please and thank you ser

You have one opportunity. Share this post. End of tweet.

Every coin is a meme coin to people outside CT. Lesson in there.