Oil prices are down, interest rates are down (the slow moving Fed should cut rates!), food prices are down, there is NO INFLATION, and the long time abused USA is bringing in Billions of Dollars a week from the abusing countries on Tariffs that are already in place. This is despite the fact that the biggest abuser of them all, China, whose markets are crashing, just raised its Tariffs by 34%, on top of its long term ridiculously high Tariffs (Plus!), not acknowledging my warning for abusing countries not to retaliate. They’ve made enough, for decades, taking advantage of the Good OL’ USA! Our past “leaders” are to blame for allowing this, and so much else, to happen to our Country. MAKE AMERICA GREAT AGAIN!
WORLD WAR III: Lithuanian President Gitanas Nausėda says the quiet part out loud, "Ukraine is bying the precious time for us every day, paying with the blood. So it would be highly irresponcible to waste this time." Europe is preparing for war.
"Today, President Donald J. Trump signed an Executive Order to establish a Strategic Bitcoin Reserve...With a fixed supply of 21 million coins, there is a strategic advantage to being among the first nations to create a Strategic Bitcoin Reserve."
https://t.co/d9MJlgUjZd
🚨 BlackRock drops $1B into DeFi – Trump’s next move after US reserve?
They're pumping money into multiple RWA projects but no one is currently talking about it.
I've traced their wallets and found which tokens they accumulate 👇🧵
EF Treasury has deployed:
- 10,000 ETH into Spark
- 10,000 ETH into Aave Prime
- 20,800 ETH into Aave Core
- 4,200 ETH into Compound
We're grateful for the entire Ethereum security community that has worked diligently to make Ethereum DeFi secure and usable!
Markets gud, price mechanisms gud. Congestion pricing in NYC continues to be winning, just as it has been winning for years in Stockholm, Singapore and elsewhere.
When demand > supply, there is always an auction. Either you pay with money, or you pay by waiting in line, with often grievous costs to mental health ( https://t.co/jZvb0vhFgc ) and to no one's benefit.
Blockchain transaction fees are similar: in the dark ages we used to wait some random number of 5-60 minutes for a transaction to get included into a block, and made excuses about how this is a virtuous act of expressing "low time preference".
Today, transactions reliably get included in 1-2 slots, and the more efficient fee market design in https://t.co/HR0ynPGfsT is a major reason why. Tomorrow, transactions will be included even faster.
Bank of America CEO Brian Moynihan clearly said that they're more interested in PARTICIPATING in transactions onchain (on Ethereum) than investing in Bitcoin.
For banks Ethereum is more critical for their survival than Bitcoin.
We're going to see EVERY BANK moving onchain.
Asset managers like BlackRock started but banks couldn't but if any rule let them perform transactions onchain we could see the Ethereum ecosystem's TVL easily move into the TRILLIONS next year.
To be able to sustain that kind of adoption, scaling transactions on both L1 and L2 will be necessary.
I think nobody is prepared for that.
Ethereum is the new financial system.
I believe in Ethereum, the EF, core devs, @VitalikButerin, and all of the builders in this space.
We have done great things in the last decade and the next 10 years will be just as great.
Ethereum will win.