Charles

Parody | Dire Price Mode | Satirical Warrior | Honorary Forbes 35u35

Give me your UTXOs. King of the hats. Digital twin.

[Charles @IOGCharles]

I’m fat, I’m a fraud, I’m a liar, I’m evil, I’m stupid, I accomplished nothing, I should be in jail, I’m a horrible human being, I stole money, I scammed retail.

[Charles @IOGCharles]

@astroboysoup Let’s test your knowledge.

How is it different to Aztec?

[Charles @IOGCharles]

@Caesar_Jay1 @astroboysoup @MidnightNtwrk Lol

[Charles @IOGCharles]

@astroboysoup @MidnightNtwrk Are you being paid to be there?

Or this is self-funded?

[Charles @IOGCharles]

@bigpey Who are all these people being paid to go to Japan?

[Charles @IOGCharles]

@ItsDave_ADA Ok.

How much was distributed in 2025 and how much of it is still in ADA in the receiving wallet. How much has been spent.

Start there.

[Charles @IOGCharles]

@Yabba900 @angrycryptoshow XRP is a scam.

[Charles @IOGCharles]

@angrycryptoshow @grok of the $1.4bn what percentage exists on Ethereum?

[Charles @IOGCharles]

@Adamhadabomb @invalid_eutxo @ArmyofSpies Insane timeline.

[Charles @IOGCharles]

@jonahkoch 😭😭😭

[Charles @IOGCharles]

@Sssebi Anything upfront that can be moved into BTC immediately.

[Charles @IOGCharles]

@ErreMujico @dori_coin @aave Why did you exclude Cardano?

It’s a top ten L1.

[Charles @IOGCharles]

@dori_coin @aave Copying Ethereum and Solana?

[Charles @IOGCharles]

@CryptoSA99 Everybody wins!

[Charles @IOGCharles]

Cardano just vibe authored a replacement constitution and dreps accidentally just pushed it straight to production rather than reading or reviewing it.

You can’t make this up.

[Charles @IOGCharles]

Who would win?

A $13bn network with no users, or one Korean boi with access to chat-gpt?

[Phil Lewis @phillewisit]

It concerns me that the discussions being had around the constitution are focused on a supposed balance of power between the CC and DReps. This is the wrong framing to me.

The balance is between ada holders and the constitution. Without a constitution there are no constraints on the freedoms of ada holders (other than what is technically possible at the protocol level).

My personal opinion (understanding that others may have differing views) is that the default should be total freedom. So we should carefully decide the bare minimum set of constraints that need to be applied through the constitution, to prevent those with more voting power from taking control.

The suggestion that the Constitutional Committee has some degree of unchecked power is misleading. Unintended “power” for the CC only comes if they can leverage ambiguity in the constitution to make a determination that is different to what the constitution intended.

So given the power exists within the constitution itself, there needs to be a constraint within it that prevents ada holders with sufficient voting power from rewriting it to remove other constraints they don’t like.

Regardless of what form this constraint takes, it should in my opinion be the most important. The presence of all other constraints are negotiable, as once agreed their ability to be retained is inherited from the first constraint.

Like it or not, the most recent change exploited a weakness in the original constitution, to replace it with an even weaker version. The question now is whether it is possible to put the genie back in the bottle, or will DReps like having the ability to remove constraints when it suits them?

[Charles @IOGCharles]

@phillewisit Stop with this FUD and buy my new token.

Midnight doesn’t have governance for a reason!

[Charles @IOGCharles]

@NightSwapLabs I’m here

[Charles @IOGCharles]

@KubanDigital @CashAnvil lol.

What’s the current $70m being spent on?

[Charles @IOGCharles]

@WiseGuys2X22 @CashAnvil @IOHK_Charles IOG is fully onchain.

You can audit everything we’re doing and where all the ADA goes!

Hahha no you can’t that’s a joke.

[Charles @IOGCharles]

@hubwayfractal @TheRealWeb3Kat @CashAnvil Good for midnight.

Terrible for Cardano.

[Charles @IOGCharles]

@TheRealWeb3Kat @CashAnvil I need devs for midnight and l steal them from Cardano if I have to.

Don’t overthink it.