
Blocklingo
275 posts




i really want to believe that NYT is trustworthy but that has become nearly impossible the whole framing of this new crypto story (yet again) relies on the (false) premise that the prior admin’s attack on crypto totally normal it wasn’t the attack was widely rebuked for years — by bipartisan members of congress, by federal courts, by basically anyone that wasn’t part of a small cabal of elizabeth warren-aligned officials. mainstream democrats never took up her cause. one time the dem senate voted overwhelmingly to overturn an insane SEC policy and biden was forced to VETO it these partisans, who often owed their jobs to a deal struck between biden and warren during the 2020 campaign (widely reported) included consequential appointees in the biden admin who previously worked directly for her, or those who she personally approved. these partisans included staffers for regulators who immediately went to warren-aligned non-profits like better markets and the consumer federation of america. these included entrenched officials inside banking regulators, who have now been exposed for inappropriately targeting legal industries so the idea that the regulatory pivot on crypto over the last year is somehow because of the president’s personal interest, and not because the prior regulatory posture was absolutely INSANE, is dishonest framing that ignores 4 years of direct attacks by the actual partisans this type of reporting relies on the readership being uninformed, which unfortunately too many are. this relies on Gell-Mann Amnesia and the “paper of record” is actively promoting crypto dementia














📈 As DeFi matures, it’s experiencing some serious growing pains… Our guest @kaiynne, founder of @infinex_app, joined the show to talk about how the industry needs to evolve, explaining: 😬 “All-out crime” by past crypto market makers #️⃣ How token issuers play chart games 😬 Tradeoffs Hyperliquid faces to prevent another $JELLY-style attack 👉 How Infinex aims to attack DeFi’s problems head-on Timestamps: 💭 01:50 Thoughts on crypto market makers 🙊 04:24 ICO-era market makers engaging in ‘all-out crime’ 🦹 08:19 Extracting value in an inefficient market 💸 10:21 How crypto market making has evolved in recent years 😨 16:09 The low float meta problem 📊 19:18 Why Kain evaluates tokens on FDV rather than market cap ⁉️ 24:46 What happened with MOVE on Binance 😱 31:10 Citadel as a market maker? 🥷 34:53 The $JELLY attack on Hyperliquid and the problem of centralization 🔧 44:36 The problems Kain is trying to solve with Infinex 🌎 54:36 Building a web vs. mobile app 👂 56:49 Echo group integration with Infinex Thank you to our sponsor, @bitwise!









