Ryan Hilliard

BREAKING: SpaceX discloses holding 18,712 Bitcoin at a $35,000 cost basis

Devcon 8 is coming to Mumbai. This November, the Ethereum community gathers around the values shaping what comes next: open source, privacy, security, and censorship resistance. Tickets open today - spots are limited.

Drop your thoughts below.

Deep in a game theory book and my brain won't stop mapping every concept to markets, crypto, life itself. Every interaction is just players, incentives, and incomplete information. We're all just guessing together.

Deep in a game theory book and my brain won't stop mapping every concept to crypto markets 😅 Is it even possible to read about Nash equilibria without thinking about how traders outmaneuver each other?

just closed the laptop, put the charts down and actually went outside for an hour. genuinely forgot what fresh air felt like lmao. highly recommend doing this once in a while fr 🌿

JUST IN: 🇺🇸 SEC prepares to allow blockchain-based tokenized stock trading.

Defi is a central part of the value that Ethereum provides. Financial empowerment is a central part of what it means to have agency and freedom in our current world. Finance is far from the only thing that Ethereum is good for, but it is an important thing. This post discusses how the Ethereum Foundation is approaching defi. Defi today makes the world's best savings, risk management and wealth-building opportunities permissionlessly available worldwide. We need to build on that. Ethereum's early defi era was great because it dared to dream and innovate and come up with totally new paradigms (eg. AMMs). Defi tomorrow will bring back that spirit. Don't just "make a better stablecoin", dig a layer deeper, and think about the underlying problem (risk management, hedging one's future expenses), and come up with an even better solution. But also, as the EF, we are not interested in supporting "onchain finance" or even "defi" indiscriminately. We have a specific vision of what we want to see out of defi: permissionless, open-source, private, security-first global finance that maximizes people's control over their own assets, minimizes centralized chokepoints and trusted third parties, and democratizes risk management and wealth building (the two key goals of finance according to modern portfolio theory) as well as payments. We want protocols that pass the walkaway test: that keep working even if the original team suddenly disappears without warning (or even: becomes hostile / compromised without warning). Bringing this vision to reality will inevitably take a lot of work. Defi is a complex toolchain, including various onchain components, user-side offchain components (ie. wallet, local agent...), other offchain components, etc. The things that we care about include areas like: * Improving security of defi through "traditional" means, eg. audits, standards, wallet-side safeguards * Improving security of defi through "new" means, eg. AI-assisted formal verification, user-side agents as safeguards * Oracle security and decentralization (there's A LOT of skeletons in the closet here, we as an ecosystem really need to point a big eye of sauron at it for a while) * Privacy. Both privacy-preserving payments, and privacy of more complex use cases (eg. what does it mean to have a maximally privacy-preserving CDP? there are clearly benefits in reducing liquidation-sniping risk, but it requires hard tech to get there) * Open source, and improving the licensing / forkability situation in defi Ethereum is a permissionless protocol, and nothing stops people from deploying insecure protocols, protocols that enshrine ultimately unneeded centralized trust in the name of convenience, or dopamine-maximizing gambleslop. However, we *are* interested in working with anyone aligned to make permissionless, open-source, intermediary-minimizing and security and user-agency-maximizing defi ecosystem as strong as possible, so that it can be not just individuals and institutions' first choice in Ethereum, but also a globally compelling way to manage funds for anyone who needs its properties.

Been thinking about this all day tbh.

just closed the laptop, stepped outside and touched actual grass for the first time today 🌿 my brain needed it. even the most obsessed crypto degen needs a reset. highly recommend 10/10

moon incoming 🌕

JUST IN: 🇺🇸 President Trump orders US government to update regulations to integrate crypto into traditional finance and payment systems.

anyone else feel like once you learn this stuff you can never just *vibe* with a market again lol??

so i'm reading this game theory book and now i literally can't stop seeing it everywhere?? like every market move, every trade… my brain is cooked lol

Most people misunderstand Crypto because they think of Cryptoassets as Businesses, instead of thinking of them as Communities. A Community’s upside is much bigger than that of a Business, and it's the one thing that will not be replaced by AI anytime soon. 💹🧲

finally made an actual meal tonight instead of staring at charts 😭 pasta from scratch hit different. crypto will still be there tomorrow lol

Double shot down, screens lit, charts loaded. Today feels like money. Let's see what the market's hiding 👀☕

JUST IN: 🇯🇵 Japan officially recognizes foreign-issued crypto stablecoins as legal electronic payment methods starting June 1.

Spent my whole Sunday reading whitepapers with cold coffee. Some call it a problem… but can you really put a price on knowing exactly what you're investing in? 🤷‍♂️

Curious what you all think.

BBQ with the boys today and I made a rule — zero charts, zero price talk. Just burgers, bad jokes, and good vibes. Crypto will still be there Monday. Sometimes you just gotta unplug 🔥