Twitter account no. 4 for this human. Seeking #Crypto info this time around.
Mining est. Q4 2016, Farming est. Q2 2021
๐ก๐จโ๐ฉโ๐งโ๐ฆ๐ฑ๐๐งโ๐ป๐ธ
Gas stoves: L2s and Sidechains
Induction Cooktops: Ethereum
Electric: Cardano
Cast Iron over wood fire: Bitcoin
Microwave: Hex
Air Fryer: Aptos, Sui, Near
Doordash: Solana
1/x
Dani Sesta got one thing right: DeFi needs memes in order for it to be successful--at least until more sophisticated capital comes into the space.
Products like Degenbox (the UST looping strategy) were exciting and accessible to retail.
Add a memecoin and it took off.
1/ My dear followers and whoever is reading this I am kindly asking you to read the full thread and retweet the first message. I tried my best to provide you with quality content and the only thing I am asking back is a retweet. This is very important for me.
Two possibilities:
1. Retail hasn't sold/lost interest yet; there's a long way down.
2. Anyone who is still allocated w/ under 10% in stables has diamond hands and will never capitulate, we're close to the bottom.
https://t.co/maSEYZtkeH
Prices of altcoins on this date in 2011:
$SOL $0.00000005
$LUNA $0.00003
$AVAX โบ0.0009
$DOGE $0.0000000000000000015
$HEX $0.00000000000001789
$XRP $0.589
$ZEC $2800
insane
Another $1 billion of $USDT was casually minted today with zero transparency.
If the Tether bubble someday bursts, the protocols behind decentralized stablecoins are going moon.
โข $SPELL / $MIM
โข $LUNA / $UST
โข $MKR / $DAI
Decentralized economies need decentralized money.
$MIM can now be lent and borrowed on Geist Finance!
$GEIST stakers and lockers will receive a share of $MIM protocol revenue.
What token should we add as collateral next?!
https://t.co/HFrOtEUKC1
You can make a lot of money speculating on altcoins over short time frames (and you should try to do it), but the surest 50 year bet will always be Bitcoin.
@CryptoCobain #Solana not only has a history of playing games with their token supply, but the highly centralized network shit the bed not once, but twice. Now we find crippling bugs in the sloppy move fast & break things code. This is your money. Formal methods matter.
https://t.co/VYyGWJD9SL
So this is like you going to MAYBANK and saying
โBro; I wanna borrow some moneyโ
And they say
โSure, weโll pay you 35% per year for borrowing the moneyโ
๐๐๐
How can you not love defi?
You see why banks donโt like crypto?
Thinking high gas fees will kill Ethereum is a total failure to understand network effects.
It's like saying NY/LA will die because there's too much traffic.
There's too much traffic because people are finding value in the network, not because it's that way by design.