Michael Jerlis (jerlis.eth)

Noodles outperformed Ethereum over the last 5 years

“You can modify your software, but not anyone else’s.” — @adam3us on BIP-110 I’m skeptical of random BIPs that don’t solve real Bitcoin problems. Curious how pool founders see this — what actual problem does BIP-110 solve? @janbraiins @slushcz @JihanWu @yhaiyang @satofishi

"Money reflects the value you give to the world." No. A famous painting sells for millions. A life-saving medicine costs tens of dollars. Price doesn't measure value. It measures packaging, status, scarcity, and the luck of being in the right context.

OpenUSD is suddenly getting noisy. Let’s see how Tether plays the next move while everyone tries to corner them.

I don’t see a clear reason for miners to support BIP-110. It doesn’t improve mining economics, reduce operational risk, or make Bitcoin more secure from a miner’s view. The question is simpler: who is the real beneficiary? If it’s not clear, why should pools signal for it?

Foreign investors didn't just buy into Saudi stocks. They bought votes. On Feb 1, the market opened to everyone for the first time. Within weeks foreigners were ~42% of buying. And votes quietly force companies to clean up their numbers. Full breakdown: linkedin.com/posts/jerlis_v… #Vision2030 #EmergingMarkets #SaudiArabia #EnergyTransition #Investing

9 years in crypto mining taught me what most investors still miss: Cheap electricity isn't a cost. It's an asset. #Saudi industrial power runs ~5¢/kWh, the lowest in the #G20. A country that shipped oil in barrels now exports compute. How this re-prices a market: linkedin.com/posts/jerlis_v…

The most underrated force in markets isn't earnings or macro. It's who's even allowed to buy in. Saudi Arabia just opened its market to all foreigners. Within weeks, foreign institutions were ~42% of all buying. Not inflow. A change of ownership. Full breakdown: linkedin.com/posts/jerlis_v…

My take: without your own #Shotwell, even a genius burns out on the climb. Find that person before your second investor. Who breaks through like this over the next 10 years, and with what? #Web3? #AI? #Biotech?

And no visionary carries it all alone. Beside Musk stands Gwynne Shotwell: President & COO, employee #11. He sets insane goals and deadlines. She turns them into rockets and NASA contracts.

New York, just back from #ETHConf. And right here on the #Nasdaq, the biggest business story of the week: #SpaceX went public. $75B raised, the largest IPO in history. But the size of the deal isn't what got me.

Then things turn bad, and it turns out that was the only thing holding everything up. Under pressure, you don't rise to the level of your expectations. You fall to the level of your preparation. Build the foundation while it's quiet.

The most common team mistake: confusing "we've started" with "we're aligned on the outcome." From the outside, all this fuss over expectations and scope looks like bureaucracy. In reality it's infrastructure you don't notice while things are good.

What wiped out #Zcash this week had been sitting in its code since 2022. Not the market, not panic. A flaw buried in the foundation that waited four years and surfaced at the worst possible moment. A thread on why I'm spending my time on boring things.