Dynamix, a publicly listed company, is preparing to merge with another entity to create a new company known as the Ether Machine.
The combined company plans to hold over 400,000 ETH ($1.5 billion). This will make the Ether Machine the largest ETH treasury company.
Accelerate!
Feel like some haven’t understood it yet so I’ll just spell it out-
1. Stop asking wen Alt season- alt seasons as you know them are no more. Just occasional dumb pockets of liquidity— like when the noob gets his monthly paycheck and goes to the casino or poker room to gamble against the odds and eventually lose it.
2. The 4 year btc cycle is also no more. Inflation halvings dont matter under 1% emissions as now, and macro cycles have been repressed by the US money printing. We will just get more random and unpredictable choppiness now.
3. The retarded ‘L1 premium’ is no more. It finally got saturated with all the chains. You want premium, go build smth that actually innovates and can get to sustainable revenue.
Clear enough? Adapt or get chopped up. No pressure— just your whole future bloodline depending on you getting this right.
ETH ETF Issuers Expect Staking Approval Soon, Says Ethereum Co-Founder
Ethereum ETF issuers are optimistic that staked Ethereum ETFs will soon receive regulatory approval, according to Ethereum co-founder Joe Lubin.
He stated that issuers are actively addressing complexities like staking and slashing to offer robust solutions for customers.
Industry experts believe staked ETH ETFs, following the success of spot ETH ETFs with $2.7 billion in inflows, could be approved under the new administration, boosting Ethereum’s ecosystem and adoption.
*The SEC has formed a new task force to develop a framework for crypto.
Source: Cointelegraph
My name is Roman Storm, and I am one of the founders of Tornado Cash, a non-custodial privacy protocol.
I am being prosecuted for writing open-source code that enables private crypto transactions in a completely non-custodial manner. This prosecution represents a terrifying criminalization of privacy.
The charges against me threaten to criminalize software development itself. If successful, the implications could extend far beyond the crypto industry, impacting every software developer. I face up to 45 years in prison on charges including operating an unlicensed money-transmitting business, conspiracy to commit money laundering, and sanctions evasion.
This case has already had a chilling effect on developers working on software tools. Recently, a developer filed a lawsuit against the DOJ, seeking relief because my case has made them fearful of releasing new software.
https://t.co/kkhXrxJVnI
Additionally, there is significant confusion around the 1960 charge (operating an unlicensed money-transmitting business), as different government agencies have conflicting interpretations of the law.
https://t.co/BRKR0pWTaH
“This prosecution threatens to criminalize software development itself,” said Keri Axel of Waymaker LLP, my legal counsel.
American entrepreneur and politician @VivekGRamaswamy commented, “You can’t go after the developers of code. What you actually need to do is go after individual bad actors who are breaking the laws that already exist.”
https://t.co/WTn1weyoZO
Multiple amicus briefs have been filed in support of my defense by the DeFi Education Fund (@fund_defi), Coin Center (@coincenter), and Blockchain Association (@BlockchainAssn):
https://t.co/467XKatDuP
https://t.co/68p4WcMIP9
https://t.co/kzdZ39Qvrr
The 5th Circuit Court has already ruled that Tornado Cash sanctions were unlawful:
https://t.co/Vp4FACqnn8
However, the DOJ has dismissed this ruling as irrelevant:
https://t.co/tna6p4Nvnr
My trial is set for April 14, 2025.
Okay, I'll critique your ideas.
"Bitcoin needs no leaders, no board, no reform."
Do you know Bitcoin was lead by Satoshi for a while? Then by Gavin Andresen. With time, it decentralized, and yet it is not perfectly decentralized even today (nothing is). It has a core development team which has more influence than those who aren't on this team. That team changes with time, and the way it governs itself can and does change. The majority of hashpower comes from known, legally-registered entities. Singular corporate entities have and are acquiring material percentages of supply.
Am I making the argument that Bitcoin is centralized? I'm not. Bitcoin is the most decentralized economic apparatus on the world. But decentralization exists on a spectrum with many variables, and they change with time. It's nuanced and worthy of study and consideration. Bitcoin is not a holy thing, perfect and beyond critique or improvement. It has become increasingly decentralized with time (on most metrics), and hopefully this continues.
Vitalik could die tomorrow, and the EF disappear. What would happen? Would Ethereum go away? Obviously not.
Ethereum is *also* a decentralized project. Yet it is not identical to Bitcoin. In some ways it is more centralized. In others, it is less (should we talk about mining centralization? Should we talk about number of devs involved in the protocol? Should we talk about the number of implementations or apps built on it?)
You're right to praise Bitcoin as decentralized and wonderful. It is.
And if you want to levy targeted criticism of specific aspects of how Ethereum is structured or operates or is governed, that's perfectly fine.
But "targeted criticism of specific aspects" is not what maxis engage in, is it? Your original post above is the perfect example. Maxis cast the most obtuse, crude, propagandistic condemnations of anything that isn't Bitcoin. "Bitcoin is decentralized, everything else is a centralized shitcoin." This is absurd nonsense, unbecoming of any serious Bitcoiner, of anyone who is passionate (and principled) about these technologies.
You, and other maxis, come across as the worst kind of insecure zealots... praising national governments for their "strategic reserves" and cheering on custodial, permissioned companies, while condemning actually decentralized financial innovations.
You adore custodians that are proudly "Bitcoin only" while insulting as scams open-source apps that actually imbue the cypherpunk ethos. Look how the maxis have treated privacy coins... actual anonymity in finance, yet disparaged as shitcoin scams because you make no distinction between actual fraud and earnest technology.
To you, if it isn't Bitcoin, it's fraud. This is fucking retarded, emblematic of the most left-curve thinking that I'd expect from someone like Paul Krugman, not from any principled Bitcoiner.
You say you have principles? Okay, what are they, exactly?
To call Ethereum a "shitcoin trying to ride Bitcoin's coattails" is not a principled statement. It's maxi dogma, devoid of depth, accuracy, and honor.
And when it spews forth with such bravado from an operator of a centralized custodial KYC'd company, you simply embarrass yourself and deserve to be called on it.
Every decentralized permissionless app builder in Ethereum is doing more to advance the foundational principles of Bitcoin than any Bitcoin maxi with their gov-registered and state-regulated custodial service.
/endrant
I transact on Solana at least a few times a week.
Works awesome 9/10 times.
Idk what network you all were on for the shitshow around $TRUMP, but it was bad then, and now it's unusable--again.
Let's just be honest Solana falls apart under these extraordinary stress tests.
Today you got to see why Ethereum is built the way it is.
Ethereum will become the world computer for value.
Solana will get more robust and be able to be the world’s casino.
Bitcoin will become digital gold.
Welcome to the new world.
Buckle up kiddo.