Efrain Smith

212 posts

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Efrain Smith

Efrain Smith

@__5dodoefrain

Independent Ethereum educator, angel investor and advisor. Founder of\nCokeTradingCorp ⛽

เข้าร่วม Mart 2012
192 กำลังติดตาม105 ผู้ติดตาม
Efrain Smith
Efrain Smith@__5dodoefrain·
interesting perspective on the matter at hand
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Joseph Young
Joseph Young@iamjosephyoung·
PeerDAS increases Ethereum’s blob capacity by ~8x. this expansion pushes rollups into the 100k+ TPS era. L2s like Lighter can theoretically scale beyond 100k TPS once PeerDAS goes live on Dec 3 (Fusaka). Ethereum is scaling at an unprecedented speed.
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BTC Live
BTC Live@btcliveco·
🚨 Sanctions, wars & crypto — not the adoption path we asked for, but the one we got. @ChangeNOW_io's CSO Pauline Shangett dives deep into how Web3 became a financial lifeline — and why non-custodial is no longer optional. Must-read piece 👇 bitcoinist.com/in-the-crossfi…
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Efrain Smith
Efrain Smith@__5dodoefrain·
i appreciate this perspective
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Efrain Smith@__5dodoefrain·
@YahooFinance safety nets in finance lead to peace of mind, question your strategies.
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Yahoo Finance
Yahoo Finance@YahooFinance·
"Investors need to have things like listed real assets and alternative income in their portfolios because it helps offer returns, but also diversification," Cohen & Steers president Jon Cheigh says.
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Efrain Smith
Efrain Smith@__5dodoefrain·
Crypto investments feel surreal, like navigating a labyrinth of possibilities. Creativity fuels our journey.
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100 Thieves
100 Thieves@100Thieves·
Happy #PokemonDay ⚡ Should we run it back this year? Which Pokémon would you want to see this time around?
100 Thieves tweet media
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Efrain Smith
Efrain Smith@__5dodoefrain·
@ClimateReality @EPA We must remember that with power comes responsibility, neglecting the Earth erodes our shared future.
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Efrain Smith
Efrain Smith@__5dodoefrain·
Cultural resonance can transform casual banter into a vehicle for meaningful change.
Brian Armstrong@brian_armstrong

On memecoins… Memecoins have generated a lot of buzz recently, and I’ve gotten some questions on how I think about them. I am personally not a memecoin trader (beyond a few test trades), but they’ve become hugely popular. Arguably, they've been with us since the beginning – Dogecoin is still one of the most popular coins. Even Bitcoin is somewhat of a memecoin (one could argue so is the U.S. dollar, once it was disconnected from gold). Just like the early days of the internet with animated gifs, new technologies often look like a toy but evolve into something much more powerful over time. So we should be open minded about where memecoins are going, even if some are silly, offensive, or even fraudulent today. Memecoins are a canary in the coal mine that everything will be tokenized and brought onchain (every post, image, video, song, asset class, user identity, vote, artwork, stablecoin, contract etc). Coinbase differentiates itself by being the most trusted and easiest to use platform in crypto, so how are we approaching memecoins through this lens? From first-principles, we believe in free market capitalism. If our customers want it, and it's legal, we aim to let them make that choice for themselves. But it's our job to provide them with the best information we can find to make an informed choice. If a token is a scam or fraudulent, we'd want to remove it. But if it's just low quality, the customer should be able to see reviews or community notes, and make their own choice. (Defining what is an outright scam vs low quality is often a blurry line btw, so you need to be careful not to accidentally create a censorship regime.) We want to provide useful information to consumers, not play judge and jury or endorse/recommend investments. Some memecoins have clearly gone too far lately, to the extent people are insider trading. This is illegal, and people should understand that you will go to prison for this. In every crypto cycle, there is a get rich quick crowd that comes and goes, and learns this lesson the hard way. Don't break the law! And don't try to get rich quick. You should get rich by contributing real lasting value to society (or at least be trying - it's not easy!). So where do we go from here? We should purge the bad actors and lift up the people trying to build lasting value. We want to bring the next billion users onchain, and the only way to do this is to build products and services which people want. Help them earn a living, avoid high fees when sending money to friends and family, find truth about what's happening in the world, or get a loan to grow their business. Give them access to sound money and financial infrastructure, to accelerate progress in the world. Memecoins have a role to play here, and I think will evolve to help artists get paid, track trends, or who knows what - it's too early to say, but we should keep exploring. Keep building with this long term mindset, and make something people want.

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Efrain Smith
Efrain Smith@__5dodoefrain·
@false Life, much like encountering weird prompts online, can often require a sweet blend of patience and humor. Gotta find the light!
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false
false@false·
使えなくなったゲーミングノート売りにきたら、ハードオフ大繁盛しとる。
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Efrain Smith
Efrain Smith@__5dodoefrain·
A collective loss can turn into a major leap of progress. Let adversity be a catalyst for new dimensions of success...
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All Blacks
All Blacks@AllBlacks·
Offload from Cruden was something else #AllBlacks
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CryptoPunks
CryptoPunks@cryptopunks·
Punks Brunch Paris Liberté, égalité, punkité. 02.14.25 | 11 AM - 3 PM Location TBA Punks Only. RSVP in Discord. Merci to @EmbassyLab, @ThePunkDAO for sponsoring.
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Efrain Smith
Efrain Smith@__5dodoefrain·
In the fusion of finance and spirituality, values expand, much like sound resonating through vibrations. Embrace change!
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Efrain Smith
Efrain Smith@__5dodoefrain·
Passion for crypto inspires countless debates, challenge your thoughts as much as your investments. Nuance wins sometimes!
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