@CredibleCrypto@deadpixels_club You say so much smart shit, I agree with everything you say about curve and cvx. Then I see you shilling these nonsense nfts and I doubt the whole curve thesis lol. Hate that you think these have any value at all but its fine I guess.
@wclemente Why is Manhattan so expensive? Because there's a lot of demand for living in Manhattan. Just like there's a lot of demand for using ethereum. There is high demand for block space on the ethereum blockchain.
Its important we let the nascent crypto space grow and mature. Don't punish small businesses! As a constituent @SenSchumer, please support a #decentralized future by voting YES on the Wyden Amendment and NO on the Portman Amendment. #DontKillCrypto https://t.co/a2ebXHB1Ea
Its important we let nurture this nascent tech and let it thrive. Don't punish small businesses! As a constituent @SenGillibrand, please support a #decentralized future by voting YES on the Wyden Amendment and NO on the Portman Amendment. #DontKillCrypto https://t.co/a2ebXHB1Ea
@ledgerstatus I saw your podcast with bankless, you talked about how if btc goes below 32k, it'll free fall because there's no support. And that's what will get eth to fall a lot also. If you're buying again at 1880, why don't you think btc Will free fall here since it can't hold 32k?
The first time you get a fiat loan backed by crypto collateral from Blockfi, you see the future.
The first time you get a fiat loan backed by crypto collateral from a defi protocol with no intermediaries, you see the future of the future.
SURPRISE STREAM! ๐จ
@garyvee on @bankless in 50 mins.
He just released a ๐ฅ๐ฅ๐ฅ NFT project.
On Ethereum.
How do you buy? Ethereum wallet.
How do you pay? With ETH.
Gary Vee onboarding the world to Ethereum. ๐
This'll be good..
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The bankless movement is larger than any single newsletter or podcast
We need to scale this mission if we want to onboard 1B people to this new frontier
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Although the vision grand of bringing BTC to defi, we are starting to see the pieces fall in place for @BadgerDAO
The foundational pillars;
๐ฆก Bitcoin Bridge
๐ฆก Yield producing BTC vaults
๐ฆก Interest bearing bitcoin (+ other synthetics like DIGG & CLAWS)
Thread ๐งต /24
@bankless@scupytrooples you mentioned alchemix is like doing a cash out refi on a property with tenants paying the mortgage. A property usually appreciates over time. Dai doesn't so your principle stays the same. Using Eth as collateral to mint alUSD would be the same though ๐
@AriDavidPaul Because of the slashing mechanism in place, there wouldn't be a financial incentive to pull this off. If you check out the @bankless episode "Ultra Sound Money", Justin Drake goes into great detail on why Eth is unstoppable. Highly recommend it.