⟠Palis⟠🐍

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⟠Palis⟠🐍

⟠Palis⟠🐍

@palis

product, design, tokenomics || free culture free agent || @tubbycatsnft || Acts 2:17

Katılım Nisan 2011
6.4K Takip Edilen38.6K Takipçiler
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⟠Palis⟠🐍
⟠Palis⟠🐍@palis·
Born too late to explore the world, born too early to explore the universe, but just in time to drive combustion engine cars across the American highway
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Farokh
Farokh@farokh·
Memecoins are not a narrative anymore per @wizardofsoho, no matter how much he’d like it to be. Don’t get caught in old narratives, it was the same with 2021 NFTs in 2024!
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⟠Palis⟠🐍
⟠Palis⟠🐍@palis·
@alpha_co Some kind of slow cook even if it’s cutting it into 3rd and putting it in a pan with a lid for 5-6 hours
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⟠Palis⟠🐍
⟠Palis⟠🐍@palis·
@punk9059 Pokemon cards got banned at my K-8 when I was in 5th grade. Time is a flat circle
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Stats@punk9059·
Pokémon cards just got banned from my kid’s school (K-8). They got sick of kids trading all day.
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David Hoffman
David Hoffman@TrustlessState·
I’m actually not pivoting into some Alt-L1 ecosystem I’m pivoting into fitness content
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Ansem
Ansem@blknoiz06·
almost 6 months sober now bros
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CMO333
CMO333@Hellaorganics·
Pokémon Red & Blue are probably the most technically impressive games ever made relative to the hardware they ran on. A thread on assembly code, memory limits, and the engineering black magic that built the biggest media franchise on earth 🧵
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mert
mert@mert·
we must bring back NFTs
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cypunk.eth 🏴
cypunk.eth 🏴@FilmBrief·
Ethereum is PERMISSIONLESS Ethereum is OPEN SOURCE Ethereum is ANTIFRAGILE Ethereum is ENERGY-EFFICIENT Ethereum is GLOBAL Ethereum is BUDGET-SECURE Ethereum is UNCESORABLE Ethereum is a SOCIAL MOUVEMENT Ethereum is HOPE Ethereum is FREEDOM ETHEREUM IS NOT A COMPANY
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binji
binji@binji_x·
making a groupchat for people who like ethereum lmk
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Okada_Research
Okada_Research@Okada_DeFi0x·
@palis What specific tech enables a "collecting supercycle" that wasn't present for previous collectible booms?
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⟠Palis⟠🐍
⟠Palis⟠🐍@palis·
What if the gambling/betting secular supercycle is being replaced by a collecting supercycle? Have thesis that over long timeframes, liquidity gravitates away from rigged games and toward fairer games and maybe just takes technology to make the game globally accessible
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Ron Harpa
Ron Harpa@HarpaRon·
@palis I just don’t think anyone really cares about decentralization as much as number go up.
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⟠Palis⟠🐍
⟠Palis⟠🐍@palis·
The bull case prerequisite for ETH is transaction volume. At 15-16 gwei ETH turns deflationary. With current ghost chain activity ETH’s annual inflation is .24-.3% vs. BTC .83% and SOL 4.1% The question is, is the world willing to pay a premium for decentralization and credible neutrality? Retail for the most part doesn’t seem to care. Institutions and Agents are who will answer this question. Maybe MegaETH also brings retail but I don’t think MegaETH has to succeed for ETH to succeed long term I wouldn’t argue that ETH looks attractive based on recent price action or revenue numbers, but reminders that ETH was the fastest assets ever to reach $500B (some AI companies may now have it beat if you include private valuations), institutions are bidding Bitmine at ETH relative weakness, Ethereum still has over 10x the stablecoin TVL of the next largest TVL (besides Tron as USDT transfer rails) If Ethereum can find a market that drives up transaction volume, especially if it’s enough to drive ETH back into a deflationary asset, sentiment and price could turn around quickly. The moat of decentralization is a big gap above other chains and Ethereum has stayed true to that vision. That may be a big reason Ethereum lags chains like Solana and Hyperliquid, but could also be what leads to end up being the chain of choice for tradfi with the markets and assets they’ll be bringing onchain
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Ansem@blknoiz06

@palis what drives eth redemption arc? megaeth?

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⟠Palis⟠🐍
⟠Palis⟠🐍@palis·
⟠Palis⟠🐍@palis

The bull case prerequisite for ETH is transaction volume. At 15-16 gwei ETH turns deflationary. With current ghost chain activity ETH’s annual inflation is .24-.3% vs. BTC .83% and SOL 4.1% The question is, is the world willing to pay a premium for decentralization and credible neutrality? Retail for the most part doesn’t seem to care. Institutions and Agents are who will answer this question. Maybe MegaETH also brings retail but I don’t think MegaETH has to succeed for ETH to succeed long term I wouldn’t argue that ETH looks attractive based on recent price action or revenue numbers, but reminders that ETH was the fastest assets ever to reach $500B (some AI companies may now have it beat if you include private valuations), institutions are bidding Bitmine at ETH relative weakness, Ethereum still has over 10x the stablecoin TVL of the next largest TVL (besides Tron as USDT transfer rails) If Ethereum can find a market that drives up transaction volume, especially if it’s enough to drive ETH back into a deflationary asset, sentiment and price could turn around quickly. The moat of decentralization is a big gap above other chains and Ethereum has stayed true to that vision. That may be a big reason Ethereum lags chains like Solana and Hyperliquid, but could also be what leads to end up being the chain of choice for tradfi with the markets and assets they’ll be bringing onchain

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Ansem
Ansem@blknoiz06·
@palis what drives eth redemption arc? megaeth?
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⟠Palis⟠🐍
⟠Palis⟠🐍@palis·
I distinctly remember last bear market multiple viral tweets talking about “how do we get Bankless to sell their ETH”/“ETH will never pump again until Bankless sells” It took another whole cycle of underperformance but it finally happened. I never expected it could. God works in mysterious ways
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bazillion
bazillion@shikasenbei420·
@palis @koreanjewcrypto Wow I can't believe I've dated the 10% of women who can't cum no matter what, for my entire life
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⟠Palis⟠🐍
⟠Palis⟠🐍@palis·
@frizzaud Yeah but why do retail users even buy and own SOL to begin with? This past cycle it was to bid memecoins. If that entire economic model shifts to USDC then the only retail who holds SOL will be enough for gas and those who want to directly speculate on SOL
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Geoffrey
Geoffrey@frizzaud·
@palis it facilitates people spending their sol which is then not bought back by pumpfun but instead sold?
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⟠Palis⟠🐍
⟠Palis⟠🐍@palis·
This is your reminder that over $125M worth of SOL has been locked forever in memecoin LPs since the launch of PumpFun
toly 🇺🇸@toly

@_bolivian Using sol as a currency is generally net zero. It’s bought then spent then sold.

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⟠Palis⟠🐍
⟠Palis⟠🐍@palis·
Certainly not. The SOL sold by PumpFun was purchased by users to buy tokens. Now users will just use USDC and that buy pressure is gone with the sell pressure. Buy pressure on SOL for memecoins must be greater than sell pressure from PumpFun because PumpFun does not extract 100% of the SOL used in the memecoin market
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Geoffrey
Geoffrey@frizzaud·
@palis so they locked 125m and had to sell over a billion.... now pumpfun doesn't have to sell sol and just gets USDC so this should be bullish solana?
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Geoffrey
Geoffrey@frizzaud·
@palis how much sol did pumpfun have to sell that was generated as fees to buyback pump?
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