Mark Google

[Mark Google @MarkGoogle3]

@Jediwolf @m0dest___ This great piece I missed indeed 🙏

[Mark Google @MarkGoogle3]

@elliotrades What?

[Mark Google @MarkGoogle3]

@elliotrades @SupernovaDEX Curious

[Mark Google @MarkGoogle3]

https://t.co/GRcRFVuzJp

Empire Things!

[Mark Google @MarkGoogle3]

@m0dest___ @6529Collections 0x625026d7742977811902eb3559481f9c2e6ed1c7
Thanks! 🤩

[Nissla.eth 👾 @nessnissla]

Yesterday’s Tech Won’t Save Us @XCOPYART solo exhibition opening was an absolute blast.

Packed rooms, good vibes, and a crowd that really came to experience XCOPY.

Thank you to all who showed up!

[WhatIF 💜 @WhatIF_22]

Yesterday was special. We hosted the satellite exhibition “Tech Won’t Save Us,” also presented in the offline gallery by @SuperRare. On show was the @XCOPYART collection from @thedoomedxyz. We did it, @nessnissla 💪! Thank you to everyone who showed up and supported ❤️

[Nissla.eth 👾 @nessnissla]

Tech Won't Save Us

An @XCOPYART solo exhibition
Presented by @SuperRare x @thedoomedxyz

Coming to Vienna 11.12.

[6529 @punk6529]

1/ On Losing Faith

Is it over?
Was it all a fever dream?
Have we run out of steam?
Is it time to pivot to AI for real this time?

2/ Everything is dead?

BTC: DAT premiums down, nobody cares
ETH: Stablecoin
Alts: Crushed
NFTs: Right click saved
Meme coins: As expected tbh
Zcash: Pumping! which ofc means "cycle is over"

3/ This is the worst cryptotwitter timeline I have ever seen relative to the environment.

Nobody is attacking us, USA is being reasonable and rational, no CEX has run away with our money, and yet, dead, dead, dead.

No narrative, no spark, nothing.

4/ Why?

I read the timeline and it tells me:

a/"nobody owns BTC" (odd, I mean someone has to own BTC, there is a ton of BTC)

and

b/ "the gamblers have liquidated themselves (again)" - true, but it was always like this

5/ This TL feels different. This does not feel like
"fuck I got liquidated", it feels like malaise, tiredness.

Like boredom, to be honest.

I know you think it is the price action but the price action is obviously downstream from psychology.

6/ I have a different view of what is going on.

I think almost everyone forgot what matters, chased after things that did not matter and, we are in the process of discovering they don't matter.

7/ What matters? Only decentralization, only permissionlessness. Nothing else matters at all.

Everything else about crypto is WORSE than a centralized database and always will be because that is how computers work.

8/ In my view, basically everyone "major" except vitalik has strayed from the light on this.

Let's start with Team BTC which USED to be very interested in how to build a network that become nation-state resistant.

This was the BTC of Antonopoulos, of Lopp

9/ We are 5 years into the BTC of Saylor and that BTC is 100% about driving price action.

It is about driving flows to BTC, about getting fully integrated with the USA financial system.

10/ It sounds nice, it sounds better than the system beating us with a big stick, but the net effect is that more and more BTC ends up in Coinbase Custody in New York State

Nothing wrong with that, but none of that BTC is nation-state resistant.

It is 100% non-resistant to the US government specifically.

11/ The problem with this is that with permissionlessness off the table, the only thing left to drive purchases of BTC is FOMO.

"there are only 21M, they are going to run out, you need to buy some before others do and it goes exponential"

12/ I mean, maybe that is true.

I am not making price predictions, I still own BTC and always will I think.

But it is cringe, and it is wrong.

13/ You can think about this by taking it to the extreme case and trying to understand which of the two scenarios adds value to the world.

14/

Scenario A: Blackrock owns all 21M BTC, everyone on planet earth owns shares in the Blackrock ETF and Brian Armstrong is in charge of making sure we don't lose Our Precious

Scenario B: Everyone on earth has their own BTC wallet and BTC is distributed in several billion places around the world and it is literally impossible for any government to stop BTC

15/ In Scenario A, BTC is a complete and utter failure. It is just a pet rock. Yes it is "rare" but it is also "100% seize-able by the USA government"

At which point, it might as well be an IOU from the USA government that it pinky-swears is rare

16/ "but it is not like this because other nation-states are accumulating and game theory blah blah blah"

No my brothers and sisters.

The exact scenario where your BTC get seized is a) centralized and b) hyperbitcoinization

Maybe the Strategic Bitcoin Reserve is happening and it is your ETF and $STRATEGY (TM) capital stack all along (thank you for your contribution to our national security)

17/ To be clear, nobody is seizing your BTC (let alone your ETH) now because it is not important enough yet.

But, if it was, I dunno, I would not trust those centralized vehicles.

CEO, Board, shareholders, SEC, US government, state government, custody firm, their regulators all have an angle of attack on a DAT.

18/ If USA seizes BTC, other countries won't save you:

EU: "Thank god our dreams have come true, we can ban it also"

UAE: "grumble grumble, but fine we will go along"

China: "ban. unban. ban. unban. anyway so long as currency is not free-floating, BTC won't be free here"

Russia: "someone falls out of a window"

19/ Of course, BTC in ETFs is by no means the worst of it. The "crypto's main use is a casino" crowd is the worst.

This is not a zero-sum game, it is a negative sum game because it is rigged.

20/ "what about the JPGs huh?" -> I still love them.

The best ones are the best tokens in the world by far, rare, suffused with meaning, with no external dependencies and great to hold on-chain.

And beyond the art JPGs, I think that NFTs can do many more things, but this is on me to "show, not tell"

21/ I want to circle back to BTC because it is the easiest to reason about.

When people explained to me time and time again that it was a ponzi, I had a simple explanation of why it is not.

21/ BTC lets you do some things better than the existing system. "be sovereign over your money" or "send money to anyone on the planet within minutes" or "maintain an insurance policy against the existing financial system"

22/ I could not tell you how much value this had, but I knew it was not zero.

In fact, the value went up the more people used it, the bigger the network was, the more people you could transact with, the more resilient it was to government censorship.

These are the economics of a network system, not of a ponzi.

23/ If you take this away, if you stop building a network but instead just, at the extreme, just sell everyone shares of the ETF, well there is no network, there is no incremental network value being generated by the next buyer.

24/ In this model, BTC becomes more ponzi-like.

If a new participant does not make the network stronger by joining, they are not adding value, therefore there is a fixed pie and it is just value transfer to an existing holder.

25/ Again, take it to the extreme other direction -> assume we managed to move the whole economy to decentralized rails.

I think that world would be better, it would make better decisions, it would take advantage of the wisdom of crowds, there would be more transparency, less rent-seeking and the aggregate value of the world goes up because it is more productive.

Some % of the improved value of the world will get captured by the early participants to the network (which is normal and fair) but some % will be captured by everyone (as a late participant or consumer).

26/ But if we don't make the world better, if the world is exactly what it is, but also we play with a pet rock, this will not happen and, well, eventually playing with pet rocks gets very boring

27/ So what to do?

The same things you always should do:

a/ push yourself, and by extension, the world an inch, a foot, a mile down the pathway of decentralization.

many ways to do this, it is a journey, start today.

b/ remember, you, yes, you in the mirror have no business trading perps or day-trading stupid coins.

you are bad at it and your future self will be mad at your current self.

28/ If you must do it, carve out a budget and test how great you are across the cycle with your budget (1%, 5%, 10%, 20% of your portfolio, not all of it)

I am of course a dinosaur, but my total portfolio % of "putting money into stupid coins I have been FOMOed into it" is less than 1%. It has gone about as well as you might expect.

29/ Other than that, own some BTC, some ETH, some NFTs (good ones, that you like) in a self-custodial wallet, a small number of your favorite alts if you must.

And keep your job. Earn money, don't try to be a pro crypto trader, this is an imaginary job that only cobie and like 5 other people are qualified for.

I have always worked, every single day of my adult life. You should too.

30/ Crypto is a bad way to get rich quick, but a decent way to get rich slowly. In any case, you should have some stake in the decentralized world, in the digital world.

31/ I think in the end, "it" will be OK but "it" it not everything, it is not most things. As it always was, most coins will go to zero, most NFTs will go to zero. These are the rules of the game.

32/ Most of you are young. You have time, you have time into the ASI world, you have the greatest gift and wealth of all. You will be ok.

33/ Don't mope. It does not help anything. If you are bummed out, sad about your outcomes, there is only one sure thing that helps.

Get back to working.

34/ Even if you are young, life is short, your life is the important thing, money is just a game, just a tool, just an information system.

Don't anchor to your wealth, don't anchor to your ATH, it is not real, my ATH wealth has gone down 90% multiple times. Note it and just keep going.

If you are healthy, in a decent country, in a half-decent economic situation, you are better off than almost anyone who has ever lived

35/ If you have an opinion (even a dumb one) about Monad or Grifters, you are in the 0.001% most forward thinking people in the world.

Did you make a "mistake"?

Who cares, everyone makes mistakes - keep going, keep trying, keep making mistakes, eventually you will find your way, you will get a win.

This is how it goes.

36/ use a hardware wallet and even better a SAFE

37/ and to close again with the most important thing. decentralization is the only thing that matters.

if you go in that direction, if we go in that direction, in the end, it will be ok.

i have no doubt about this, i have never had any doubts about this, it matters so much more than you think it does.

/the end

[Michelle Thompson 💎🟥 @mich_tom]

Thank you Holiness4real @MarkGoogle3 @artonymousart PaddockPartners for collecting, we're now over half way.... Link below

[Jediwolf @Jediwolf]

If you’ve been in crypto long enough, your art collection isn’t a status symbol - it’s a war trophy. Proof of your survival and victory 🫡🙏

[DeltaSauce @deltasauce]

still rebooting.

[spell @spellamin]

Life is all about balance. When you walk through hell, a safer place will eventually welcome you. When you find comfort, a darker phase may follow. Every living being cycles through hardship and beauty, one shadowing the other. It’s the test of existence, shaping us to grow stronger. The only rule is to keep moving forward. After all, if the universe itself ever stopped moving, everything would have ended long ago.

Have a great day.

[Mark Google @MarkGoogle3]

Wasn't lucky enough to get on the allowlist, but snagged this piece on secondary, what a banger!!
🔥🔥🚀
This one is all what crypto ai art is about! 💙
@m0dest___ @clairesilver

[Modest @m0dest___]

☽⟡☾

<
born
to push

back >

a collaboration with @clairesilver
eighty seven co-created scenes
2 pieces of co-created original music and effects

this Thursday.
mechanics announced tomorrow.
so fucking proud of this work. thank you claire 🖤

please enjoy with proper audio 🔈

➕

[Modest @m0dest___]

on collaboration

there’s something rare that happens when two people collide.
not align.
not agree...
collide.

two entirely different sets of tools, scars, stories, and instincts -
slamming into each other
not to cancel out,
but to create something neither one could have built alone.

that’s what happened here.
claire and i didn’t collaborate to blend
we collaborated to burn the edges.
to let tension become texture.
to build something louder than either of us would have dared on our own.

so this one’s a thank you
to @clairesilver
for walking into the fire with me
and for reminding me that the best kind of work
is the kind you lose control of
right as it becomes real.

if you’re a creator
collide with someone.
start the thing you’re afraid will be too messy,
too weird,
too loud.
you might come out changed.
or better.
or both.

ily
₥

[Mark Google @MarkGoogle3]

But unfortunately no claims were left after posting ...

[Mark Google @MarkGoogle3]

I just claimed my @CyberKongz $KONG airdrop.

I am now retired.

[Mark Google @MarkGoogle3]

I just minted "Postcard From the Last Shore” by @rustnfteth which is now live on @TransientLabs. Minting now! https://t.co/P5baFCLSew

[Raoul Pal @RaoulGMI]

I did say that no one owns enough @XCOPYART Grifters (including myself).... so much higher. Some might call them ugly but to me they are a thing of beauty...