mert

it is not too late to quit your job to help build the future of money, markets, and capitalism with solana the window for asymmetric upside won't remain forever I am hiring sr. engineers, BD, and product at @Helius requirements: optimist. no belief in WLB. winner.

big week

who the fuck are these derpy people on my feed that I forgot I followed

@buffalu__ Awesome pics. Great size. Look thick. Solid. Tight. Keep us all posted on your continued progress with any new progress pics or vid clips. Show us what you got man. Wanna see how freakin' huge, solid, thick and tight you can get. Thanks for the motivation

JTX is now live, please try it out and leave feedback 🫡

@goodalexander it's always darkest before eternal nothingness

Bitcoin can’t go down with a war and Saylor selling Z cash can’t go down with a p0 privacy bug discovered by AI ETH books Robinhood after Vitalik disavows gambling as a valid use case The night is darkest before the dawn. Bitches

@jtx_trade congrats boys

JTX is now live. Trade spot markets on Solana—memes, tokenized equities, majors, and more. The top 1,000 users on the waitlist, ranked by referrals, have access now.

@0xSchute hmm

@mert hmmm

hello dear mutuals, in case you haven't heard from me in a while, let me catch you up: solana & zcash (some may call this zolana) trillions

@FaytuksNetwork fantastic, thank you Mr. President!

The European Aviation Safety Agency is warning airlines to avoid airspace over Bahrain, Kuwait, Qatar, the UAE, and the Gulf of Oman through July 29, citing risk of "misidentification" and "unintended engagement" amid heightened US and regional air-defense activity.

. @mert predicts @Solana quietly becomes the biggest economy while everyone's watching candles instead of the ecosystem "I do see a very viable path in which Solana makes up another very gradual but very consistent run as it keeps releasing things like on-chain prediction markets, unchained perps, on-chain trading, more assets listed, and privacy for institutions and payment providers. Wallets keep improving, borrow and lend, RWA issuance, all these things keep budging up" "There is a moment where you look at it a year from now and you're like, oh shit, that's interesting. I was only focusing on the candles on Trading View and I missed that it is now undoubtedly the biggest economy" "There are so many teams globally building on it that even if 90% of them fail, you just need 10% to succeed wildly. You just need one @Pumpfun, one @AxiomExchange, one @JupiterExchange, and I'm sure there'll be many" Podcast out this week! @helius

people aping and dumping based on the words of one KOL global finance is just crypto twitter with suits and expensive haircuts

@kirbxbt simple, my dad punched me in the throat when I tried my first one as a teenager

how did you guys manage to quit smoking

@bchesky fyi they give you the option to do this now

wow

openclaw wont be a thing in 6 months

So that was a psyop.

@inversebrah I am not selling. I am merely increasing my USD reserves.

debate

capitalism is the greatest invention of mankind and solves coordination through prices, markets, ownership, and incentives guess which technology hardens all of those this framing is seldom communicated, but it is the highest aim and the biggest weapon we have

the cypherpunks have paved the way for the greatest upcoming movement of all: cyphercapitalism

@ProtonDrive bro's entire market is privacy conscious people and he still doesn't accept zcash for payments 😭

When someone says “no company can beat the Google ecosystem” show them this.

@blknoiz06 @brian_armstrong @CoinbaseDuck unencrypted zcash mentioned

going to add my two cents here i believe ppl are generally upset with base because you guys pick & choose what you want to support onchain, because you never know what is going to work and what isnt going to work so it isnt as simple as objectively determining what is positive sum beforehand for example, base did a big push on creator coins, you even directly bought balaji's coin, but base was not as supportive of memecoins, especially the ones that were doing a lot of volume onchain and could have benefitted from exchange listings earlier, but the creator coin & memecoin charts ended up looking near identical, with most of the creator coin charts not doing nearly as well as a lot of the largest memes on base - i personally think there are some unique reasons for why they didnt work and will work in the future but thats for another post from my pov there are two different ways to value crypto assets, one is based on the fundamentals of the underlying business, and the other is more intangible value determined by the community of users of the network and driven by attention/momentum/belief etc hyperliquid is a great business that makes real revenues and is valued in part because of those revenues, but it also trades at a premium because of the collective belief that their users have in the network and their future plans to execute on that vision bitcoin on the other hand, makes no revenue, but is the largest crypto asset by market cap because it trades purely on the collective belief that it is a better store of value than depreciating fiat currencies and the network grew so large that it became a self-fulfilling prophecy ethereum is somewhere in between in that it does make real revenues but if you simply valued it purely off of those revenues as you would a tech stock it would trade 95% lower, ethereum also has some intangible value determined by the network of cypherpunks who are majority stakeholders of the network, and they believe that its value as an asset is more than what you would come to conclude on based off of purely p/e ratios tokenization, stablecoins, perpetuals, and prediction markets have been crypto's greatest success stories to date, tokenization in particular has been so successful because it is one of the only ways to accurately put a dollar value on this intangible value of culture and attention memecoins are denigrated by a lot of the corporate entities in crypto, but i think what a lot of people fail to realize is that the same intangible value that drove bitcoin and ethereum to be the #1 & #2 largest assets in crypto is the same intangible value that attracts retail to speculating on memecoins, doge sits at $11B and has outlasted a majority of coins over the past decade, its value is purely derived from how internet natives value culture and memetics on the internet do i think its important to uplift and support protocols in defi/rwas/consumer etc etc? yes, but its just as important to recognize what your users are interested in trading, the best analogy i can make is that if you are a mayor of a city and you have patrons who want to go to nightclubs or go to the casino or go to bars, you would not exclude this activity because you only want people to build businesses like banks, restaurants, corner stores, bookstores etc etc. - for an L1 to thrive it needs to have a diverse ecosystem of all things, and it is clear from the data that onchain trading volumes directly positively impact the native blockchain, whether thats in bringing more attention to the chain, or increasing fee revenues, or increasing revenues of underlying infra providers, or attracting new builders to create new products - best example of this is how bonk revitalized solana at the lows & was a very core reason that trading activity came back onchain + the main reason the first set of solana mobile phones sold out all L1s & L2s are social networks with their own ecosystems and their own culture, with permissionless networks you cannot control what people build or trade, but you can find ways to provide support across the board and contribute to ideating on how to make trends more sustainable

Crypto stuffs that Robinhood chain and base will both learn in the next 12 months or so. Robinhood chain - new chain steals the spotlight, but it fades quickly after Robinhood users get very bad experience trading these meme coins. Statistics has shown, these games are massive extraction in the long term. - if volumes are coming solely from PvP meme coin, their real exchange users are the only losers therefore impacting their core business and trust over time. Base - been there, done that with non productive memecoin trading, team attention will finally be spent toward sustainable crypto use case. - not all builders are worth supporting, many will leave for Robinhood chain if not already moved, and eventually they will move onto the next chain. - steering user towards positive sum crypto use case, liquidity, users/customers are your best moat.