If you want to make the world better, one of the best ways to do it is to compete with governments and large nonprofits, because they are so ineffective.
An APE token sandwich blew up on CT recently. The MEV bot did not in fact profit $2.5M at the expense of a naive user, instead it lost money. Others have explained this well but I thought I’d lay out what is going on here and how I explore MEV txs. 👇
Lessons for young men:
1. No one will save you
2. You are owed nothing
3. You get what you work for
4. No one else will do it for you
5. There is plenty of time in the day
The sooner you internalize, the better. Every day that passes is one you'll never get back (thread)
"The ideal life would be one where you had a hobby that as a byproduct made you money, you had a hobby that as a byproduct kept you healthy, you had a hobby that as a byproduct made you smarter and more creative."
@naval