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@metaryuk @THORChain What is wrong with letting DPRK use crypto?
Let me rephrase => Core value prop of crypto is that DPRK can use it. If DPRK can’t use a crypto product, it’s a fake crypto product.
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Last Token
7.4K posts
Last Token
@LongLastToken
In crypto for censorship resistance. On Twitter to drain crypto swamp. Detest inflation truthers. Investing in privacy tech. PS: Temporary hiatus frm trolling
San Francisco, CA شامل ہوئے Eylül 2017
277 فالونگ341 فالوورز
@metaryuk @THORChain What is wrong with letting DPRK use crypto?
Let me rephrase => Core value prop of crypto is that DPRK can use it. If DPRK can’t use a crypto product, it’s a fake crypto product.
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The so-called crypto bros who are demanding @THORChain's "heads to be rolled" because DPRK used its chain to move their funds... perhaps they can point out which bankers, bank CEOs, developers, maintainers of SWIFT and ATM machines were arrested, jailed or faced any consequences when DPRK hacked their banks, used SWIFT to "launder" and cashout the stolen funds.
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@TraderNoah One time itself is a bad precedent. It’s disgusting because @aave team (@StaniKulechov and gang) themselves are rich enough to cover these losses.
Either way Defi is dead. It was already dying when interest rates were below TBill rates.
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Seems like a bad precedent that can't be replicated more than a few times. The risk adjusted return on capital that was lost from the exploit was severely negative. Market participants need to understand why risk premiums are applied to risky activity...
Will Price@will__price
Looks like Aave is gonna get a bailout from a "rsETH dedicated relief vehicle" funded by industry partners
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@0xGeeGee @Fiskantes That is why we should force founders of @LayerZero_Core and @StaniKulechov to bail out victims of current hack. No socializing the losses or collecting gofundme.
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@JasonYanowitz @aave is done.
Behavior of @StaniKulechov was disgusting over last few days especially when he went radio silent.
If we lived in an ideal world, he and his nepo-wife should be made to live in homeless shelter.
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This fires me up.
Aave in a tough spot. But this is why they will come out of this stronger.
Stani is an incredible founder. Never bet against incredible founders.
Stani@StaniKulechov
Aave is my life's work and we're working nonstop to find the best possible outcome for users. I’m personally contributing 5000 ETH to DeFi United as we continue working together with partners on formalizing more commitments. I’m working to see this resolved and market conditions normalized as soon as possible. DeFi United.
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@tayvano_ Dont call it "DeFi" then. Dont do false advertising.
Next what? Seize funds of other unpopular countries? Iran?
"When the chips are down, these civilized people will eat each other."
We saw.. Everyone in crypto is a farcical character.
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@StaniKulechov @stacy_muur @THORChain @KelpDAO Suddenly you are super active on Twitter after being MIA for 3-4 days.
AAVE is done. No sane person will put money there.
Sadly Crypto is such a toxic space that people like you will still be sitting on a pile of $$s after this saga.
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Btw @THORChain earned ~$450K in fees from @KelpDAO hackers' ETH → BTC swapping.
The 24H swap volume hit $360M vs. roughly $20M on an average day.
If you think this sounds insane, that's because it is.
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@el33th4xor Seems staged. Who benefits from staging such a gimmick?
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Polymarket has ~80% market share of global U.S. presidential market volume
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@antoniogm That is why no sane country that wants to have a modicum of law & order can allow a laissez-faire crypto system.
How do you enforce taxes?
How do you enforce child support and alimony?
Rogue states like Israel want crypto to thrive because they hate international law & order.
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I don’t think crypto’s critics realize it’s a radical attempt at decoupling money and ownership from the state, a revolt on the order of overthrowing the divine right of kings (or in this case seigniorage).
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@ViktorBunin Single-issue crypto voters are either one of the following:
A) Living under a rock since 2016
or
B) Pure evil self-obsessed humans who hate everything America stands for. These ppl hate America and want to make a few $$s at the expense of America.
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This is exactly me. Went to Bernie rallies and everything. I was driven by a wish to reform the financial system and I still am, which is why I am now a single issue voter. Join me.
Vance Spencer@pythianism
Those losing their minds in the dms would do well to remember I was a certified Bernie bro in 2016 and longtime donor to democrat causes Single issue voter this election: crypto
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@antoniogm @coinbase @RobinhoodApp @krakenfx @Uniswap Crypto companies should be immune to so-called "tyranny" and anarchy. Infact being able to operate in anarchy should be a feature of every crypto company.
These companies were skating on thin ice from day 1. No society with law&order can allow laissez-faire system for crypto.
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The SEC going after the most legit crypto companies like @coinbase, @RobinhoodApp, @krakenfx, and @Uniswap is regulatory anarcho-tyranny: the worst actors are allowed to run wild, but the law-abiding are persecuted.
Like your broken-into car in SF getting a parking ticket.
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@jgarzik Isn’t Uniswap decentralized? So how does it matter anyway?
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What I do not understand:
The White House, Sen. Warren and now a few other pols are behind the regulatory charge to devalue and outlaw legitimately acquired American property.
Where are the reporters?
Where are the property rights journos?
Where are the civil rights journos?
Hayden Adams 🦄@haydenzadams
Today @Uniswap Labs received a Wells notice from the SEC. I’m not surprised. Just annoyed, disappointed, and ready to fight. I am confident that the products we offer are legal and that our work is on the right side of history. But it’s been clear for a while that rather than working to create clear, informed rules, the SEC has decided to focus on attacking long-time good actors like Uniswap and Coinbase. All while letting bad actors like FTX slip by. When I first set out to build Uniswap, the goal wasn’t to reimagine finance. It was an experiment in radically decentralized, fully automated onchain markets. I didn’t know if it would work or if anyone would use it. Fast forward to today, the Uniswap Protocol has processed over $2 trillion in volume. Many thousands of teams and developers have forked our code or built on top of it. We built entirely new financial infrastructure that is transparent, fair, secure, and accessible powering an entire industry. The team at @Uniswap did all of this in the US from our office in New York City. People often ask me why we stay in the US and my answer is simple: I believe that blockchain is incredibly powerful technology. Like the Internet, it’s here to stay. So someone needs to figure it out, and it might as well be us. And that when you build technology that improves people’s lives – you don’t need to hide. The @SEC’s mission is “protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation.” This is a noble mission. I would argue @Uniswap does a far better job of this today than the SEC. Yes, I'm frustrated that the SEC seems to be more concerned with protecting opaque systems than protecting consumers. And that we'll have to fight a US government agency to protect our company and our industry. This fight will take years, may go all the way to the Supreme Court, and the future of financial technology and our industry hangs in the balance. If we stand together we can win. I think freedom is worth fighting for. I think DeFi is worth fighting for. And of course, we won’t stop shipping. Stay tuned 🦄💜
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"John Adams had very few teeth due to his love of sweets and his belief that vomiting was good for your health." cremieux.xyz/p/the-rise-and…
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@nfergus So you stopped writing about “blockchain”? Moved on to the next hype?
You are no different from @jaltucher
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"From Deepfakes to Arms Races, AI Politics Is Here." Eight political and geopolitical questions about Artificial Intelligence: bloomberg.com/opinion/articl… 1/9
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@TheStalwart @kristoncapps “Strict environmental reviews”!!!
Does environment impact change depending what time of the day people stay in a building?
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This is a great read from @kristoncapps about why a Biden admin program to fund office-to-resi conversions has gone nowhere. bloomberg.com/news/features/…
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@lrettig @EthereumDenver What happened to @urbit project? The way you hop from project to project is kind of red flag. Shows lack of conviction
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I'm giving a talk at @EthereumDenver (and hopefully at a few other upcoming conferences) on how we think about decentralization at #spacemesh: how we measure it, how we're doing, how we can do better.
What questions do you have for me? What would you like me to cover?
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@GrennHouseGas He can pay using credit card or Apple pay on the app.
Decentralization virtue signaling is a farce.
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CEO of Tensor unable to figure out how to pay for warpcast via Base for just a few cents. Yes this is the CEO of a "top dapp"
QTs by Raj and Mert, both unable to comprehend how web3 works
These are not serious people. 🤡🤡
ilmoi@ilmoi
come onnnnnnnn now guys @warpcast_
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@mcuban @ProfHilaryAllen Which one is the truth?
One said by @coinbase in the court of law?
Or nonsense peddled by @brian_armstrong about “financial inclusion” etc?
Which Coinbase product has enable financial inclusion in USA?
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@ProfHilaryAllen You are confusing issues. One is the transformative value of crypto. The other is how the SEC tries to litigate crypto
You can't presume the SEC is acting honestly or honorably. Coinbase has to deal with them in a court of law.
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@NTmoney @Polymarket Liquidity of $3000??
I know you want to pump your bags in @Polymarket but don’t resort to your sick conspiracy theory.
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Michelle Obama now at 8% to be the next U.S. president. Up 4x this week
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