thismarketisfake 🌱
32K posts


The company that actually builds the agent-first code factory is going to be worth hundreds of billions of dollars. No one has cracked it yet. It can't be the model labs because then you're tied to one model. I'm hoping a company like @linear will do this. I'd happily pay thousands of dollars a month for that (+ the token cost). Basically, we need SDLC 2.0 for the agent age. (Also, the right solution can't rely on gh - we need whoever does this to completely replace it as well.)



This is massive for Kelly. Cleans up tokenomic plans a lot. Stay tuned while we review.



Crypto ETFs open tomorrow with SEC green light on crypto not being a security.

THEY DID IT. The SEC and CFTC just dropped a landmark document that officially classifies crypto assets. They're actually telling us which crypto assets are securities and which ones aren't - by name! THIS IS SOMETHING GENSLER REFUSED TO DO (he focused on prosecuting crypto out of existence) This rule doc gives crypto many of the benefits of the clarity bill - it lifts us out of the gray market - it gives every asset a path. It's almost like the Clarity act just passed by way of regulator. (of course, the actual clarity act will harden all this into legislation and make it irreversible in the event we get another Gensler, we still want it) This rule says there's 5 categories for crypto assets: 1) Digital Commodities - assets tied to a functional, decentralized crypto system (e.g., BTC, ETH, SOL, XRP, ADA, DOGE). Not securities. (yes, they name them on page 14) 2) Digital Collectibles - NFTs, meme coins, artwork tokens, in-game items. Not securities (fractionalized collectibles may be an exception). 3) Digital Tools - membership tokens, credentials, domain names (e.g., ENS). Not securities. 4) Stablecoins - payment stablecoins under the GENIUS Act are not securities. Other stablecoins, it depends. 5) Digital Securities - tokenized versions of traditional securities. Like tokenized stocks. Always securities. Amazing! This makes so much sense I can't believe it's coming from a regulator. No more enforcement threats to Ethereum developers and crypto exchanges. How about the Howey test? More common sense! If an issuer makes specific promises of managerial efforts from which buyers expect profits, the offering is a security until those promises are fulfilled. Then it's a commodity. The asset itself was never the security, the deal around it was. (E.g. XRP was a security pre launch, became a commodity after). How about stuff like staking and mining? Mining? Not a securities transaction. Staking? Also not a securities transaction, that includes custodial and liquid staking even with LSTs! How about wrapping BTC? Not a securities transaction. Airdrops? NOT SECURITIES. NO MORE GEO BANS PROTECTING AMERICANS from free airdrops. Remember this is a joint doc from the SEC and CFTC, They're actually cooperating on this, no internal strife, this is binding to both. SEC regulates $80-100 trillion assets CFTC regulates $5-10 trillion assets Both of the world's largest capital markets are showing us that crypto assets are here to stay and they're welcome alongside traditional assets. Every country will follow. This is the biggest move toward legitimacy I've seen in all my time in crypto. Maybe bigger than the genius act since is covers all crypto assets. Well done @MichaelSelig and @SECPaulSAtkins. And especially well done to the indefatigable @HesterPeirce. Her fingerprints are all over this, couldn't have happened without her eight years of principles-based curiosity.


Erroneously Sent USDC on Arbitrium to a USDT account on ARb. What do I do? Is it gone forever? Such a silly mistake has ruined my entire day




HEAR ME OUT: 5 sol deploy fee on pumpfun gets rid of vamps, 10k bundle rugs, and forces the deployer/dev/cto to actually push the coin quality>quantity






-> 150k mc coin -> nigga whos port looks like this blasts 50 sol -> people sell on him -> sells fullclip at a loss 10 minutes later because coin isnt moving -> coin goes up again over the next 4 hours -> nigga decides to blast back 50 sol in 1 clip ON CHAIN LOBOTOMY ????????????????????????














