@Aella_Girl literal hoe parading as academic expert doing seemingly important work
this is reaching levels of depravity that should not be legal
you need serious psychiatric help
Ethereum is a ponzi that has run out of ideas
Liquid restaking in a nutshell
I stake ETH and get stETH
I re-stake stETH and get lpETH
I re-stake lpETH and get xxETH
ad infinitum
At every level we compound the smart contract, price peg risks
Rewards in pre-mine tokens
It's all so tiresome
h/t @duonine
Caterpillars extract nutrients which are then converted into butterflies. People have extracted billions of nuggets of understanding and GPT-4 is humanity's butterfly.
@MaiddeOrleans@APompliano@elonmusk I wonder if you would still say that if you didn't have men doing all the planning, building, and the maintenance necessary for a stable society?
Wait - you thought all just automatically happened by itself, right?
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Get a grip.
I think the right strategy today is to rent physically and own digitally.
That’s a flip in what we think of as “permanent” and “reliable”, but I’d rather own a globally negotiable digital instrument than a landlocked immobile asset.
Financially liquid > physically solid.
@richerd Cute thought, but escapism is not the solution to reality’s issues. Also, as much as some would like it (can’t understood why), we are not and will never be ‘one and the same’.