it's clear at this point that there are 3 classes of crypto
i) commercial crypto
ii) casino crypto
iii) cypherpunk crypto
commercial crypto is RWAs, stablecoins, institutions
things that use crypto for its function in increasing the efficiency of finance
faster payments, faster settlement, better composability, and a universal API for money
this is mostly a positive development, but it does necessarily ignore most of the core ideals of why crypto was started
there are a lot of relatively invisible chokepoints of control here that most people have not woken up to
i.e., that 95% of stablecoins can be frozen or single sequencer censorship
casino crypto is mostly things that are borderline regulatory arbitrage and are heavily premised on speculation
too wild for institutions, but still not necessarily native to crypto ideals
most of the aim here seems to be making money
I don't have anything against this as I believe people should do whatever they do without harming others, but it's not something I'm personally interested in
the final, least prevalent and almost extinct class of crypto is the cypherpunk class
this is ironic as the cypherpunk class is responsible for starting the entire industry as well as underlying its most important set of functionality
satoshi was a cypherpunk
cypherpunks use cryptography and code to build systems of freedom
freedom from state overreach, freedom of speech, and the right to transact
this group gets confused for what is actually criminal behaviour like breaking the law or buying janky ass drugs on the darknet which does nothing but cheapen the ideals of liberty for some false virtual mental dopamine hit of being an edgelord
cypherpunks are libertarians and believe in free markets and understand that autonomous systems that can't be messed with are the only way to achieve this
the commercial and casino classes of crypto have had all the recent spotlight
but crypto without the cypherpunks is not crypto
I believe most of this has been a messaging, education, and storytelling problem
we are going to fix this and we are going to make crypto cypherpunk again
you are already seeing the ideals live within systems like zcash, but soon it will enflame everywhere
cypher/acc
Coding is logic - input, output, instant feedback. You see the result, fix, and refine.
A/B testing is chaos with discipline - you swing the hammer, measure the dents, and pray one shape fits.
Just my experience being on both sides, and I prefer the former.
Full-stack devs > frontend-only or backend-only.
Full-stack devs see the whole system:
-UX meets DB logic
-API design aligns with product goals
-Debugging across layers, not silos
It’s not about doing more. it’s about thinking end-to-end.
@itz_Manish02 Nice! I found that the basics are very important, but so is attempting to build several mini project. You’ll be surprised by how much more you can learn if you learn by doing, compared to a 10x2H video lectures.
Just my two cents. Apologies if I lack context.
To get rich :
Holding an alt coin position for years through crazy up and downs to get a 30x is HARD.
Building a company that makes you millions for 5+ years is HARD.
Working 10 hours a day at a dead end job is HARD.
Mfer. Your going to HAVE to do something HARD Pick one.
CEXs getting a lot of heat right now.
Apparently, they may underreport liquidations by up to 100x 🤯
Those “$19bn liquidation” headlines barely scratch the surface.
DEXs log every trade transparently, while CEXs can filter what the public sees.
Reminder: transparency isn’t just about trust, it’s about data integrity.
If markets rely on flawed CEX reporting, risk models and volatility signals may be built on sand.
Going forward, DeFi’s openness might be the only way to see what’s actually happening...
@Xeer I think it depends on regulation. Many countries heavily regulate crypto. Imagine spending months building a risk-to-earn game, only for the government to declare it illegal gambling and order you to shut down the operation. If the framework were clearer, we might stand a chance