Greg Foley 🐬

Freedom through smart contracts and competitive governance.

[Greg Foley 🐬 @GregFoley]

...Bill Gates, who predicted in his book The Road Ahead that the future of digital commerce would not run on the open Internet but on proprietary networks owned by companies like Microsoft and Oracle.

Ethereum is like the internet, except you can invest in it.

[Etherealize @Etherealize_io]

https://t.co/Ri0Tew0Dkc

[Greg Foley 🐬 @GregFoley]

Peace for our time

[Drew Holden @DrewHolden360]

🧵THREAD🧵

When I saw the news that the Southern Poverty Law Center funded the hate groups like the KKK & Unite the Right they relied on to claim that white supremacy, inspired by Trump, was on the rise, I just knew the legacy media helped make it possible.

Boy was I right ⤵️

[Greg Foley 🐬 @GregFoley]

How a Libertarian Is Negotiating Lower Health-Care Costs: the surgery center that posts its cash costs up front. https://t.co/eyC7xmCQbT

[Greg Foley 🐬 @GregFoley]

More optimism https://t.co/6IJzOj0nUj

[Etherealize @Etherealize_io]

Today we make the case for ETH as a superior monetary good—and how, if it captures the monetary premium currently held by gold and bitcoin, the implied long-term price could exceed $250,000 per token.

Executive Summary:

1. Gold and Bitcoin don’t compound. Warren Buffett never held gold. His objection was not about scarcity—he acknowledged gold was scarce. His objection was that scarcity without productivity is economically sterile: “If you own one ounce of gold for an eternity, you will still own one ounce at its end.” The same criticism applies to Bitcoin.

2. ETH is the first monetary asset that compounds without counterparty risk. For all of human history, you had to choose: hold money (stable, unproductive) or invest it into productive assets (risky, wealth-generating). The two categories were mutually exclusive. Ethereum dissolves this distinction—you lock capital into the protocol’s consensus mechanism and earn yield generated by the network itself.

3. ETH is better money than gold and Bitcoin by every other measure. Its supply growth is capped at 1.5% by the protocol and offset by a burn mechanism that can make it deflationary. It can be transferred anywhere on Earth in seconds, stored in a memorized twelve-word phrase, and carried across any border beyond the reach of any government. And its proof-of-stake consensus mechanism is more secure and durable than Bitcoin’s proof-of-work.

4. The combined monetary premium of gold and Bitcoin is approximately $31 trillion. If ETH captured that premium — distributed across ~121 million ETH — the implied price would be north of $250,000. Today it trades around $2,300.

5. Productive money will outcompete dead capital. Over a long enough time horizon, productive assets outperform unproductive ones, because productive assets compound. The only question is how long it takes the rest of the world to figure that out.

[Greg Foley 🐬 @GregFoley]

ZK proofs are an amazing technology. The future looks bright.

[Kyle Rojas | Life is good @kyleArojas]

https://t.co/ClkxbpGP4A

[Greg Foley 🐬 @GregFoley]

@sassal0x Ignore the algorithm: just use Following/Recent. I only see people I follow, and even for comments on those posts it prioritizes people I follow.l

[Greg Foley 🐬 @GregFoley]

@MicahZoltu @VitalikButerin ... and government generally retards progress.

[Greg Foley 🐬 @GregFoley]

@RyanSAdams @TrustlessState @sassal0x, no contest.

[Greg Foley 🐬 @GregFoley]

#2: Jonathan Haidt is most well-known for arguing that social media is harmful. This post goes into so much more, however, e.g. how we're teaching our kids to become depressed by reversing cognitive behavioral therapy. https://t.co/OnkkdkJV8y

[Greg Foley 🐬 @GregFoley]

The two best blog posts I've read recently:
#1: Alpha School looks like the quantum leap in the quality of education that we've all been looking for.
https://t.co/OcqJNb4Lqu

[Greg Foley 🐬 @GregFoley]

@ARatOfRat @ByronYork @brithume @WSJ Anti-Trump, Elon, crypto... constant leftist advocacy in @WSJ articles these days.

[Greg Foley 🐬 @GregFoley]

@hanni_abu Terrific redesign!

[Greg Foley 🐬 @GregFoley]

Ethereum's next upgrade, scheduled for May 7, makes Ethereum accounts programmable, improves layer 2 scaling, and improves staking (e.g., compounding). https://t.co/iCVU5JgA4K

[John Stossel @JohnStossel]

Climate change will kill crops and cause food shortages! says the UN.

Bunk. Earth has MORE green areas now, and much more food.

"We inject CO2 into greenhouses for a reason," chuckles @linnealueken of @HeartlandInst. "It helps to fertilize plants."

More surprising facts here:

[Tim Draper @TimDraper]

Trip to LATAM. Perspectives: Met with Prospera, Infinita in Honduras. Prospera is the best place to do business on the planet. The next Dubai. #freedom #bitcoin #lifeextension

[Greg Foley 🐬 @GregFoley]

@scrollresearch @dumbnamenumbers @alexanderlhicks @avizurlo @threadreaderapp unroll

[Greg Foley 🐬 @GregFoley]

@pcekerevac @ProsperaGlobal @erickbrimen @gabedelgadoa @infinitacity @NiklasAnzinger @balajis @TimDraper @BoostVC @canary @1517fund @ThreadReaderApp unroll

[Greg Foley 🐬 @GregFoley]

@dankrad @VitalikButerin @GiulioRebuffo @fede_intern A single court order could shut down a constellation.

[Greg Foley 🐬 @GregFoley]

Climate spending costs the world more than climate change does https://t.co/HozivmXUHZ