Matt Sullivan

Following markets

[Matt Sullivan @Matty_Sullivan]

@thekriskay Happy for folks who got in early and are up on their trade, but hope they take profits before these unlocks occur.

[Matt Sullivan @Matty_Sullivan]

@DBCrypt0 LLM access seems like the perfect use case for an L2, sacrificing security of L1 for speed and performance of L2.

Over time, as L1 scales, maybe it migrates to L1.

People criticism Ethereum that nobody cares about decentralization, so now it matters?

[Matt Sullivan @Matty_Sullivan]

@MineBotcoin I continue to be interested in this project, something real being built without shilling through KOLs.

However, it does seem like more frequent updates should be put out. Good marketing is important for any project. Please consider, excited for what’s to come

[Matt Sullivan @Matty_Sullivan]

@KyleReidhead I am certainly no fan of Warren, but I feel like the SpaceX IPO is going to be a dump on retail’s head situation. The limited issuance, the new index inclusion rules, the weird unlock schedule.

We need to reign in ultra wealthy and corporate power, not provide more concessions

[Matt Sullivan @Matty_Sullivan]

@MoonOverlord Who are Ethereum’s employees?

[Matt Sullivan @Matty_Sullivan]

@thekriskay @ShotTopper Just think about if this $ZEC issue happened to $BTC. It would be CATASTROPHIC. But Zcash is still a Bitcoin competitor because…privacy?

Silliness

[Matt Sullivan @Matty_Sullivan]

@TrustlessState But if $ZEC thesis was that it was private Bitcoin, how in the world does it retain that narrative? Something like this would be catastrophic for $BTC

[Matt Sullivan @Matty_Sullivan]

@MineBotcoin Any progress updates?

[Matt Sullivan @Matty_Sullivan]

@MineBotcoin Very interested in this project based on the consistent building and shipping but as a non-technical person I can barely understand what’s actually being built/shipped.

Dumb it down for us simpletons from time to time?

[Matt Sullivan @Matty_Sullivan]

@BitcoinJesusETH @TrustlessState Well done. I’ve been a heavy ETH investor for a long time and this the lays out the investment thesis perfectly.

The most important point is price leads to narrative. Eventually price rebounds and the fundamentals are there like they’ve always been for ETH to support it.

[Matt Sullivan @Matty_Sullivan]

@arjunkhemani This is so dumb

[Matt Sullivan @Matty_Sullivan]

@CryptoMikli @zmanian My question around zcash always centers around usage, who is using zcash?

Chart looks good and privacy narrative remains for now, but I think zcash loses a lot of people money in the end.

[Matt Sullivan @Matty_Sullivan]

@scottmelker Really nice piece. I think you’re right, but what happens when the average prediction market user continues to lose enough times? It is gambling, and gamblers rarely win in long run

Prediction markets should have fatigue too, and then what’s next?

[Matt Sullivan @Matty_Sullivan]

@KyleReidhead It’s critical that Ethereum L1 is decentralized, but L2s always offered a tradeoff for higher speeds, decentralization being one of them.

However, to me decentralization is core feature of Ethereum. Thrilled the “Nobody cares about decentralization” take is getting dragged

[Matt Sullivan @Matty_Sullivan]

@KyleReidhead There’s a middle ground here, and I think it’s that AAVE has lost the “Just Use AAVE” reputation, which is a huge loss. It will take years to recover that reputation, if at all.

Having said that, the exploit was not with AAVE, so it should recover.

It’s a wait and see for me

[Matt Sullivan @Matty_Sullivan]

@MilkRoad if this isn’t the perfect example of why we need defi regulation I don’t know what is.

Can’t believe crypto industry still dealing with this garbage.

[Fishy Catfish @CatfishFishy]

I'm dropping a thread of all the protocols that had to freeze their interop because of LayerZero being compromised.

Let's go:

[Matt Sullivan @Matty_Sullivan]

@KyleReidhead Yes this excludes degen trash that I just can’t quit lol

[Matt Sullivan @Matty_Sullivan]

@centroism @SJSDarion @TechGuyDave_ @comcast @Xfinity @comcastbusiness Down in HMB

[Matt Sullivan @Matty_Sullivan]

Love the effort to democratize investing and bring private markets to retail investors. I just think more people/dollars chasing after private investments just leads to lower returns over time.

Eventually the line between public and private investments will merge onchain

[Vlad Tenev @vladtenev]

Introducing Robinhood Ventures: private market access, for everyone.

No accreditation thresholds. No high minimums. A new venture model.