Holy FFF. We just diversified our treasury 🥳
In fact, we’re one of the first 10% of DAOs to do so (!)
According to @bankless, most DAOs still hold over 90% of their treasuries in native tokens.
Here's why we’re taking this initiative & believe it's so important: 🧵🔽 (1/8)
@dcinvestor You can see how much value SBF still offers in the space of navigating regulatory framework, crypto is a fucking honeypot to these guys and stils foreign as fuck. Like it or not this guy knows these facets. Fuck SBF, but recognize his value will reflect in his punishment.
i say this only to encourage reflection and not pick fights,
but if you were sure SBF was never going to be arrested or was a government plant, etc.,
then please consider how wrong you might be around other conspiracy theories you may mistakenly espouse
@larsiusprime probably a good idea for governments to start thinking about ai. If the regulation is not agile enough to adapt, perhaps it better to just snap.
@infamoussteez Particularly the kind where they are statutorily obligated to respond to or take some sort of action (or merely process) every input they get that meets basic criteria
Half baked thought: if AI makes it trivial to e.g. lodge massive quantities of public comments or replies to open API endpoints, the system will evolve to protect itself by demanding certified mail or appearing in person
@larsiusprime Haha I am imagining now another ai competing competing to sort the ai comments out. Are we just doomed to 2 emergent AI's duking it out lol?
@larsiusprime Do you want to identify the victim in your scenario then? The point of reference I'm using is review bombing/ brigading. This is handled by basically pretty rudimentary intervention. I suppose you could get sneaky with bots and "trickle in" the feedback.
@RyanSAdams It's part of why crypto is still great- through transparency, bad actors are weeded out. It's fundamental to growing a just economy and marketplace
To those of us remaining, is it our responsibility to be good stewards of this space and focus on security conscious education and adoption?
Do we want to have another influx of people woefully unprepared to take possession of their own keys?
@arcxmoney So you guys milked users for a "defi passport" for 250 arcx locked 1 yr, 400 usd at the time. Ultimately opened the protocol to anyone you whitelisted, giving the passport 0 utility. No updates on redemption for more then a year. Now your offering a buyout at a 96%+ loss. Wow
🚨 Important 🚨
Hey everyone, in order for ARCx to take the next step and lead the way in on-chain identity and reputation, we've decided to take ARCx private.
All details available in the blog post below👇 arcx.substack.com/p/the-next-pha…
@pseudotheos And that's at base fee and priority. Looking hyperbolically- if OFAC compliance rises to a maxima we will have price discovery for non-compliant blocks. Anyone want to chime in on whether this type of price discrimination will be healthy? @RyanSAdams@TrustlessState
@domothy Interesting perspective but market forces are never so black and white-- sure hashrate could go down, but it also could result in miners becoming increasingly efficient( and perhaps even more centralized) No pony in this race, but never think it wise to jump to conclusion.
@alpha_pls@Artemis__xyz Opportunity to get wrecked when everybody releases the extent to which tx's are botted. Seriously. transaction cost is a great deterrent for this type of BS.
Solana's daily transactions (non-voting transactions) currently 10x the next L1.
I find it interesting that many don't seem impressed by Solana's metrics, or are even aware of these numbers.
Probably an opportunity in that...