_gabrielShapir0

@chainyoda poetic

Guy who ended ICO crime szn is ending GPU rug

More time I spend here the bigger Ethereum bull I become. I truly feel like it will be the defacto ‘internet money’ for the world. I think it checks boxes that Bitcoin is technically incapable of doing while maintaining a similar level of neutrality and decentralization that can never be replicated again by another L1.

Everything in this essay is correct — but take it one step further and you'll land at an unexpected conclusion. Consumer crypto solved "don't trust corporations." Guess what? Corporations don't trust corporations either. Every major bank wants shared infrastructure for payments, settlement, tokenized assets. None will accept a competitor controlling it. That's why consortium projects die. Someone always ends up holding the keys. Public chains don't work directly because of compliance and privacy. Consortium chains don't work because every bank has seen this movie before. Early incumbents set the terms, late joiners absorb the cost. Nobody wants to join someone else's network. The only remaining option is to execute in a controlled environment but anchor the results to a settlement layer that no participant, and no future coalition of participants, can ever capture. That's what Prividium does on Ethereum. An Ethereum account gives a consumer assets no corporation can seize. Prividium gives an institution a controlled environment on shared rails no counterparty can capture. Prividium is for enterprise users what an Ethereum account is for individuals.

@R89Capital this movie was a documentary

Super villain shit UBI is going to be necessary, but who will pay for it? The giant tech companies putting tens of millions out of work *should* pay for it.. But the reality is likely just higher and higher taxes on the remaining workforce until they just snap and burn the entire country to the ground

@charliebcurran investing at 39 replies

If you think AI film can’t be art then explain this.

TIL the Ethereum Foundation is basically a volcel 🌈the more you know...🌈

@tayvano_ @divine_economy @ivangbi_ you basically just called the EF a volcel

@divine_economy @ivangbi_ @lex_node yes, the optimal outcome is morpho and the gf and everyone else in the room are all lowkey super keen to fuck you but not in a way where they expect it to actually happen (or get mad if it doesn’t.)

after talking to people at the EF and seeing posts like this, i need to admit my concerns about the ethereum mandate were pretty misguided ethereum will continue to kingmake apps simply by using and talking about them (here, morpho) because that's exactly what it should do

really good article, I'd say it maybe 15% overstates its case but really worth a read/think....

bearish attention-driven products bullish stateful smart contract protocols

@tayvano_ @ivangbi_ @divine_economy pretty sure I've been in this situation (the dinner one not the app one)

For clarity: Non-Issue #1: The EF's choice to support apps / builders and under what circumstances (everyone vs license vs etc.) I have my opinions (and I am right 😇) but I am not responsible for the decision. The people who are responsible must make the best decision they can for them, not for me. They seem to be doing that, or trying to, so I only have opinions here and they don't matter. Issue #2: Everyone agrees that builders who choose to build on Ethereum need to feel supported. Ethereum needs apps. Ethereum needs builders. Builders need support. The disagreement lies ONLY in the details. (See #1) My comment regarding Fluid is that the response is fucking brutal bc it was never about the fucking criteria, it's them feeling like they aren't appreciated and they'll never have any support on Ethereum. Let's try an analogy. You're having dinner with your 10/10 hot af workmate who you are def not fucking. Your girlfriend (by her definition, not yours, is complicated) walks in. Oh shit, she's wanted to have dinner with you all week. You ignored. Now you're having dinner with fucking Morpho?! Oh god, gf is fucking PISSED. Full up on feelings of betrayal, confusion, sadness, hopelessness, insecurity, exasperation. You: "hey so sorry i can't be with you you have brown hair." LOLLLLLLLLLLLLLLLLLL

@NickPullmanEsq 🖖😎

Excited to read through this. It’s an underexamined glitch in current licensing frameworks for blockchain systems

What is Vitalik's new document actually telling the Ethereum community? David Hoffman says it's not a reaffirmation of values, it's Vitalik telling you what Ethereum is NOT going to be "The real lens for this document is Vitalik telling you what Ethereum is not going to do ... Ethereum is going to be a cypherpunk, super lightweight, super hardened protocol. But it is not going to be an economic engine" "A lot of people in the Ethereum community like me are here to build Ethereum the economic engine. What I hear from this document is Vitalik is not really interested in that" "I have never seen any sort of signal of support from Vitalik or the EF about a green light in that direction. It's always been yellow at best"

@scupytrooples just pump the token bro, I can't keep my $50 locked up forever man I'm suffering what we in the money management business refer to as a 'liquidity crisis'

its annoying that only people intimately familiar with smart contract development know the perils of it all. so many reply guys and armchair investors want you to ship right now, but with NK, AI, and a million other snakes in the grass in the most adversarial environment known to mankind, i will not be reckless. people’s lives are literally all at stake and if they put their trust in what my team and I deploy, I want to be able to sleep at night knowing we did everything we could to safeguard their funds and trust. milady

ladies and gentlemen, the legend @prestonjbyrne

@ivangbi_ @divine_economy @tayvano_ not a complete solution but I do think the EF saying "oh btw if you're not FOSS at least have this so you're not a complete pig" would be useful... x.com/lex_node/statu…

There are so many comments and criticisms on every single EF tweet that I keep saving them up but before I get to write a response... a new one pops up heh 🫥 Fun. Anyway, on this topic: (1) In my subjective opinion and from what I see, EF doesn't want to kingmake, but rather support the teams that align with the mandate. Specifically for DeFi and treasury allocation, those are protocols that come as close to the defipunk criteria as possible: blog.ethereum.org/2025/06/04/ef-…. That's all in there since last year, and licenses are not a small part of the thinking process. I don't have as much experience in licenses as others on the team (tldr: I subjectively think we need to think carefully about the fine line between what's accepted and what is a bit too far on the spectrum, so that's TBD). @lex_node is on the pragmatic side as I can see, which I lean towards more myself, but the mandate is more on the strong side which @_Enoch is vocal about. I am curious if we can co-work on a piece that will not have to compromise but rather increase education & thus the move towards practical open-source. This isn't a comment @ Fluid, but a general comment on the defipunk selection. (2) On the topic of supporting other protocols like Fluid, David, please remember that this initiative is very young. @CharlieStLouis and I are not actually leading that (cc @Artem_Oak); and there is no dedicated EF fund manager team as such right now. So the actions and allocations are scarce, concentrated, and not properly streamlined yet - you see that. We started on this process with Charles to give some opinions and direction, but at the end of the day, EF treasury is not a fast-moving process. It's super security and mandate-sensitive since it's perceived as "put your money where your mouth is". Morpho was in line with the licensing signalling and it was allocated to before in the past, so it was a much easier decision. Aave got allocated too by the way. There is a short list of protocols we want to see supported and allocated to (not just social alignment support but real $$ allocation even if relatively small) - hope that can be done sooner than later. But again, EF is not a fund manager, it has a strong CROPS mandate, but it's moving in the direction that seems to be good <3 PS: I am not an EF spokesperson, I am new to the org but not to DeFi. Nevertheless, hope to reply to all proper criticisms and points of feedback from a subjective point of view.

We had a good thing, you stupid son of a bitch. We had VC exit scams. We had legal crime. You could've shut your mouth, grifted, and made as much money as you ever needed. It was perfect. But no. You just had to blow it up. You. And your futarchy and your ownership.

This wasn’t skill — it was stolen money with no investor tradeoffs. FTX sprayed ~$5B across 475 investments using other people's money. When you remove the discipline and downside with $5B of capital, of course you’ll hit a few winners. Give anyone $5B in 2021 with no consequences — they’d land a significant AI investment in one of OpenAI, NVIDIA, or Anthropic too.