discordant
1.2K posts
@discordant7th
Don't ever whistle while your pissing
🇬🇧 "The amount of hoops people need to jump through just to have that DISPOSABLE INCOME... I just want to see this country THRIVE again." VPs @WillColeshill speaks with two female Restore supporters in Makerfield
Because, at the end of the day, EF leadership does not care about the market’s perception of ETH. As such, they won’t market or push anything that improves its monetary properties in fear of being seen as “biased.” It’s a real shame too because Kohaku is dope and should *massively* improve the Ethereum experience. It’s a bit bewildering how not only the EF, but the Ethereum community at large, refuses to embrace Kohaku, especially after how ZEC was essentially “memed” into SoV status on X. There’s an opportunity to do the same thing here with ETH, but the EF is too worried about purity tests while the community has largely sold itself out to institutions in the hope that Larry Fink will somehow save their bags. You can build all these wonderful things, but if you fail to evangelize it and bang it over people’s heads over and over again, the result is the status quo remains the same.
Solana Foundation can help you if you do all the real work. You have to launch a product and then the foundation can go talk about it, and people respond, try it, tell the team what sucks, then you fix it. That’s it. It’s really hard for foundation to “push” anything. Even with grants or investment capital, there has to be a product that someone somewhere wants to use for that capital to accelerate. If that product ads marginal value then it just won’t get anywhere. The reason why @PhoenixTrade got so much noise is because people on this website reacted to it. I post a thousand things so does the @solana handle. For whatever reason PT hit a controversial note with people, and people tried it and it didn’t completely suck, so the noise didn’t die right away as it normally does.
CIA seized 40 boxes of JFK and MK-ULTRA files that were being processed by the Office of the Director of National Intelligence (ODNI) for declassification.
[ ZOOMER ] GOOGLE IN TALKS WITH SPACEX TO LAUNCH DATA CENTERS IN ORBIT: WSJ
Policymakers are running the economy so unbelievably hot right now that I am starting to think it has approached or surpassed recklessness. The Treasury has completely taken over control of the money supply and financial conditions with their ongoing ATI/YCC actions and most recently manipulation of the dollar lower which dramatically loosens financial conditions. While most of these actions are occurring out of the normal spotlight because the Fed is trapped with an inflation problem and cannot reasonably cut rates, they are not innocent. They are effectively running QE with stock markets at all-time highs with their RMPs that Powell did not discuss at all in yesterday's FOMC, despite their own guidance that the purchases would subside in April after tax day. This QE, labeled as 'reserves management' allows the Treasury to continue irresponsible issuance policies. I characterize these actions as potentially reckless because they put substantial upward pressure on both inflation and economic growth at a time when nominal GDP is already consistently printing >5%. These actions are typically seen coming out of crises, not pre-emptively. With global bond markets already twitchy and the most fragile and overleveraged they've ever been, these policies are like throwing gasoline on a fire. Lost in the shuffle of today's Yen intervention is the fact that this is yet another loosening of financial conditions in the US and more inflationary tinder. Global sovereign bonds get uglier by the day. Notice Japan's yields calling bluff today.
