HODLing #bitcoin is an old, proven and very solid strategy. But bitcoin-maximalism is about something entirely different. My 1% approach is an attempt to participate in a future where decentralization is not just an empty word…
https://t.co/blgwEdLFXq
@EliBenSasson ... And yes, if we already have #DeFi and #DePIN, then we effectively have thousands of domains and sub-industries branching out from them.
@EliBenSasson Web3 hasn't even arrived yet. We have Web 1.0, 2.0 & 3.0. But in practice, we have Web1 and Web2. "Web3" is mostly a marketing term. As for the substance of the post, perhaps it's time to launch a website that tracks not Bitcoin obituaries, but Web3 obituaries...
DAOs, open source and “teal” management grew out of a single ambition: to act effectively without a rigid hierarchy and bosses who decide everything for everyone. Yet each model, on its own, inevitably runs into crisis. Web3 researcher Vladimir Menaskop explains why the three approaches work only together.
https://t.co/7e5CfnvH3e
@maraoz This applies not only to #DeFi, but to every industry.
It works both ways: the arms race between offense and defense has never disappeared. This is something DeFi will either solve first - or nobody in the world will.
Too much #FUD for a single post from such a respected person
@alicharts Let’s use proof by contradiction. Imagine the EF never existed. At all. How much would the Web3 industry lose? Almost everything, I’d say. Bitcoin is solid, Solana is fast, but #DeFi, NFTs, prediction markets, much more were born in the EVM ecosystem. That’s the point.
@kevinxu It would be funny if it weren’t so painfully real. I’ve never believed that someone or something could do a better job for me than I can myself. Thanks for the example.
Excellent, interesting, correct, and fair theses. One thing is striking - why, in 2026, are people still unable to grasp this on a mass scale? #CZ is a criminal in the crypto space, NOT an enthusiast by any means.
@Frank_Giustra@l11c45m4re5 That’s your opinion, but it’s not correct. Take 2020 instead -> same result: growth from ~$3.5k to current levels. Plus, there was an ATH, and nothing stopped anyone from taking partial profits.
@Frank_Giustra@l11c45m4re5 Because 18 were market downturns.Because those were downturns for BTC and therefore the easiest periods to compare.Because by then BTC futures already existed. & these were the worst possible conditions for BTC. Once we understand the worst case, identifying the best becomes easy
@MetaMask Iran, Cambodia, North Korea, Russia, Israel, Cuba, Myanmar… are you ready to accept these countries as well? I don’t think so. So why ask such questions in the first place?
@Frank_Giustra@l11c45m4re5 And yes, I’m not a supporter of #Bitcoin maximalists - they only make things worse. But that doesn’t mean I have to choose between gold and Bitcoin: it’s much easier for me to hold both assets.
@Frank_Giustra@l11c45m4re5 Why are U using such a short time frame? Take 18, when the trade wars began: I bought BTC at $3,2k, &today it’s at $90,2k. I bought gold at $1,35k, & at its recent peak it reached $4,85k. That’s roughly 2818% vs 359% - clearly not in gold’s favor %)
@Justin_Bons Always amusing to read “researchers” stuck in pure theory while ignoring practice. What about rewards beyond the block subsidy? Fees have saved miners more than once - no fork needed. And don’t forget difficulty adjustment when talking reorgs. Study deeper, it helps 🙂
@Frank_Giustra@l11c45m4re5 Confiscation is a strong argument,if U ignore that,at the same time,hundreds of millions in cash,real estate,& other assets were seized too. Read the cases:those were wild times with crypto on plain USBdrives.Try touching properly secured storage today &see how wrong this take is
Back then contributing real value to the community got U noticed by#ENS,#UNI &other major projects. Now U can provide liquidity,burn gas,do who-knows-what &still be irrelevant. Do I believe in fair projects?Yes. I just don’t believe in specific ones @ETHGasOfficial@ETHGasFNDN )