1/ 🌍 Building the future we actually want to accelerate toward.
Last week I spoke at @balajis’ Network State Conference, sharing what we’re building in Switzerland- a permanent village and accelerator for decentralized, open-source, and d/acc technology.
This quote from Peter Thiel in 2014 has always resonated with me. Finite and infinite games aren’t only for business; they also apply to life generally.
“People always say they want to live every day as though it will be their last. I always have this contrasting view that I think I’d like to live every day as though it will go on forever. If we had an indefinite life span, we would continue to work and start great new projects, we would be very careful about how we treated the people around us because we would encounter them again.”
I usually refrain from commenting on the current thing of the day because it’s almost always rage bait. But since everyone seems to be saying they’re bearish on the direction of the EF, I’ll say the opposite, I’ve truly never been more bullish. There is now a very clear direction
The Ethereum Foundation is doubling down on what it uniquely should be doing: making the entire Ethereum experience, from the protocol to wallets to middleware to apps, maximally self-sovereign, private, secure, resilient, and easy to use
The cypherpunk vision is building systems that can’t be evil, not just today, but decades from now when incentives, leadership, and the world itself have changed. What makes Ethereum unique is that it’s still actually trying to fulfill that original vision, building a global consensus system with the properties the original cypherpunks would have wanted. And the EF is here to help defend and strengthen that path
That also means positioning Ethereum where it actually belongs, alongside the broader open source and freedom tech movement. The truth is, a lot of that world doesn’t like us right now and I get it. We have to prove over time that Ethereum belongs there. That means actively rejecting the negative-sum, extractive parts of this industry and doubling down on building positive-sum apps that makes people freer
Yes, organizational shifts are messy. New leadership, clearer direction, some pain in the short term. But in the long term, this is exactly what the Ethereum Foundation should be. There’s a lot of hard work ahead. I’m excited for it
Milady
One of the worst predictors of founder success we've tracked is how well someone pitches. The correlation between pitch quality and outcome was actually negative.
Zuckerberg was so awkward in early investor meetings that VCs left wondering if he could manage anyone. Larry Page refused interviews and earnings calls for years. Jan Koum sold WhatsApp to Facebook for $19B as a Ukrainian immigrant whose English investors had initially struggled to follow.
What polished people are good at is the meeting itself; the 1hr ritual of telling a story to strangers. It's a real skill, but it's separate from building a company. People who spent years optimising to be persuasive in a room have, on average, optimised away from the building skills that compound over the seven years of execution that follow. The pitch room is the one environment where smooth talkers have the structural advantage, but people mistake that single environment for general capability.
Pay more attention to things like how they behave in the five minutes after the pitch when they think it's over. Or how they treat the most junior person in the room. None of those show up on a slide.
The articulate founder will impress your partners. The awkward one will return your fund.
Vulnerable post that may come off as a red flag for some people or some kind of deterrent, but I think it’s important to be open about this sort of stuff to show that social media should be more than just manufactured positivity to compare against
Today, I finally took the long overdue step of having an initial consultation with a psychotherapist - not because of any recent event, but rather my realising that after four years I’ve still not done anything to process the aftermath of the Indexed attack and a lot of my subsequent work in crypto security
This perfectly genteel man asks me to explain my background/history, and I realised halfway through a ten minute monologue that he wouldn’t be unjustified in writing “Walter Mitty lunatic, pure delusions of grandeur” on my file and nothing else
It made me realise that there are so many of us working in crypto that live absolutely *insane* lives, and trying to explain them to the man on the Clapham omnibus would rightfully get us sectioned
Anyway, back to arguing about the Strait of Hormuz or commenting on the latest story about Clavicular, I guess
Wondering what is ETHReS, sharing one of the stages with us?🔬
🔹 ETHReS (Ethereum Research Symposium) brings together researchers and practitioners working on cutting-edge blockchain and Ethereum-related topics: from consensus and cryptography to DeFi, security, and scaling solutions.
Expect deep dives, academic insights, and the future of Ethereum research, all in one place.
Learn more or send your submission at: https://t.co/zSi3B0muh2
Dear friends,
This year has been tough across the board for major crypto events, and community-driven events have been hit especially hard. ETHPrague is no exception. We made a deliberate investment in improving the venue based on last year’s feedback. At the same time, we have to be realistic about what we can sustainably deliver.
To protect the core of the event - great talks, smooth hackathon experience and high signal networking - we are scaling back some non-essential extras.
Here’s what is changing:
No swag. We have already been moving in this direction to reduce waste, and this year we are cutting merchandise entirely.
🔹 No livestream. ETHPrague will remain a primarily in-person event. Talks will still be professionally recorded and published afterward, but we are optimizing for the on-site experience.
🔹Cutting core bounties to $2,500 each. The final price pool stays at $40,697. This was a tough one, but under current conditions it was necessary.
🔹No live plants. We cannot justify the cost of renting or buying new plants this year, though we will reuse decor elements we have built over time.
🔹Very limited catering. Only snacks, water & filtered coffee will provided free of charge (primarily to hackers). An affordable restaurant quality catering will be available directly on-site.
🔹Cutting one stage - but not really. One stage is gonna be taken over by our friends at ETHRes.
🔹We'll only record 2 stages. Some talks will have to be unrecorded at the workshop stage.
What this means for ticket holders:
If you purchased a full-price ticket, you will keep all promised perks - in fact, you are a superhero to us. You are helping make ETHPrague possible, and we want to treat you that way. You'll keep the same perks as hackers + you will receive an invitation to a special networking gathering which is usually only dedicated to speakers.
General attendee and student tickets are be reduced to 40EUR and will not include any extra perks. The Superhero ticket will remain available with its full set of perks + Trezor T for if more superheroes show up.
👉 Our goal is still the same: to create an event that inspires ambitious ideas, meaningful conversations, and a new generation of builders turning bold visions into reality. While we won't be able to feed your stomachs we are certain that we'll feed your brains!
Thanks for understanding, and thank you to everyone helping keep ETHPrague strong. We are still incredibly excited to see you in Prague.
Cheers,
The ETHPrague team ✌️
European universities produce the most VC-backed Deep Tech founders.
Switzerland is leading the way.
Data: Europe based VC-backed Deep Tech startups since 2020
Source: The 2026 European Deep Tech Report
Game theory vs EV.
Game theory suggests: click red because it's the only option guaranteed for your survival.
If you're wrong and blue wins, you're fine. If you're right, then you survive. All blue choosers die.
But, pure prisoners dilemma isn't the only way to estimate what to do in critical situations.
There's also EV or Expected Value.
Depending on you moral/ethical/utility values you will just automatically pick the highest EV option.
In this case, the highest EV option is "everyone lives" because the net loss of choosing red is demented. I would use a stronger word there. But you catch my drift.
@waitbutwhy Imagine the culture of the 50% remaining people who continue to live after knowing they all pressed that button to kill the other half
Unimaginable hell
Modern individualism is completely delusional
You have to be willing to make the choice to live in the world worth living in
🇫🇷 A French tax official was arrested for selling crypto investors' home addresses and financial records to criminal networks.
41 kidnappings followed. One every 2.5 days since January 2026.
The criminals didn't need to hack anything. They bought a list from someone inside the government.
France is the most dangerous country in the world right now if you hold crypto and someone knows about it 💀
Source: Le Mond