David Hoffman

Optimistic storyteller of frontier technology. The chaotic side of @Bankless

[David Hoffman @TrustlessState]

Crypto wasn't created to make you rich

It was created to set you free.

[David Hoffman @TrustlessState]

Any reason why we’re dumping on a Friday night

[David Hoffman @TrustlessState]

@brennenschlu I actually hand painted this

With a sponge

[David Hoffman @TrustlessState]

Incredibly informative conversation with @hrkrshnn and @odysseas_eth

My takeaways:

- Without intervention, data on the internet becomes a free-for-all. The cost to exploit vulnerabilities to access personal data is/has dropped to 0.
- As a result, companies will do 1 of 3 things:
-- 1. Increase security spend so that defensive spend>offensive spend
-- 2. Offload data security responsibilities to 3rd party companies who do it as a service
-- 3. Simply delete the data that they don't want the responsibility of securing.

- Is crypto safe? For the most part, yes, because the economic incentive to protect crypto-assets has been very high for a long time. Coinbase/Fireblocks et are under constant barrage of attempted hackings all the time. Still, continued cyber defense investment is a MUST. Crypto is a head of the curve, but the curve is advancing anyay

- Holy f this is so bullish $VVV. So many companies will want to mimimize their data footprints while also will need to be doing AI inference. Venice sells this as a product.
- Holy f this is so bullish $ZEC. Everyone's data, financial or otherwise, will likely be stolen from the companies that store it. Privacy is so fucking in. Traceable blockchains that can be linked to exposed identities (i.e. Ledger data breach) are so out. The worst case scenario is that everyones personal info is out in the wild, and this includes all your finances and assets. Zcash hides this again. zillions

[Bankless @Bankless]

Black October! What Is Happening to the Internet? https://t.co/lbwajLJnMl

[David Hoffman @TrustlessState]

Going live with @odysseas_eth & @hrkrshnn to talk the end of the internet!

Hop in👇

https://t.co/oAzYTGYrHQ

[David Hoffman @TrustlessState]

I'm going live on @Bankless tomorrow with @odysseas_eth and @hrkrshnn to figure out WTF is going on?

How bad is this?
Is it going to get worse?
What happens next?
Is crypto safe?
Is crypto ahead of the curve?

Truly the worlds greatest questions

2pm EST on @Bankless

[Dev @zkDragon]

One of the best podcasts I’ve been a part of!

Excited for it to go out :)

[David Hoffman @TrustlessState]

@ggizemyildiz @ethbelgrade 💅

[David Hoffman @TrustlessState]

I’m not going to stop until @Bankless is responsible for adding 20% to $ZEC’s market cap

[David Hoffman @TrustlessState]

I said a pro-$ETH thing

[Arslan @0xarslan]

David Hoffman says the internet falling apart is exactly what Ethereum was built for

"I'm watching the internet like crumble"

"Now the environment that it was built for is actually happening"

[David Hoffman @TrustlessState]

> unfixible bugs in hardware exploitable by AI

yay!

[Jake Mintz @jakemintz]

I’ve heard several OAI people say there are unfixable bugs in hardware that are exploitable by AI models directly speaking machine code so even if we could solve software that’s not enough. We need defense to move faster than offense if that’s even possible we may just have a new normal that requires adapting to insecure software (bank transfers require going into a branch and taking a dna test 🤣😬)

[David Hoffman @TrustlessState]

@CapetainTrippy @notsofast @Zcash @zkDragon @ebfull It is in the short list of assets I feel very confident on

[David Hoffman @TrustlessState]

Just got finished recording this

A 1hr40min complete masterclass on the @Zcash roadmap

@zkDragon and @ebfull are incredible. I knew a lot about Zcash already, but I underestimated the magnitude of the challenges being overcome by the zcash devs

tl;dr: zillions

[David Hoffman @TrustlessState]

Friday, I record with @zkDragon and @ebfull for technical coverage of the Zcash roadmap

What would you like to know?

[David Hoffman @TrustlessState]

@Bankless theres precedent for this

[David Hoffman @TrustlessState]

I’m not going to stop until @Bankless is responsible for adding 20% to $ZEC’s market cap

[David Hoffman @TrustlessState]

Just got finished recording this

A 1hr40min complete masterclass on the @Zcash roadmap

@zkDragon and @ebfull are incredible. I knew a lot about Zcash already, but I underestimated the magnitude of the challenges being overcome by the zcash devs

tl;dr: zillions

[David Hoffman @TrustlessState]

@Zcash @zkDragon @ebfull zillions

[David Hoffman @TrustlessState]

@osf_rekt @ebfull @Zcash @zkDragon All good my dude. Bankless has made a lot of people feel a lot of ways about us over the years. Not sure how or why but I’m sure I’m plenty responsible too.

[David Hoffman @TrustlessState]

Going live on @Bankless on X in 1hr to talk about how big of a deal this all is!

[David Hoffman @TrustlessState]

I'm going live on @Bankless tomorrow with @odysseas_eth and @hrkrshnn to figure out WTF is going on?

How bad is this?
Is it going to get worse?
What happens next?
Is crypto safe?
Is crypto ahead of the curve?

Truly the worlds greatest questions

2pm EST on @Bankless

[David Hoffman @TrustlessState]

wtf is going on over there?

[Polymarket @Polymarket]

JUST IN: UK police arrest 15 y/o boy, seize his devices, & collect his DNA after he posted photo of a local politician edited to look like a rabbit.

[David Hoffman @TrustlessState]

There's been a resurgence of coins that I'm labeling '2017-era Bitcoin clones'

$PRL +30% this week, $4.2b FDV
$QTC + 300% this month, $1.8b @ 21m supply

Kind of interesting that 21m hardcapped supply tokens are commanding multi-billion dollar vals

[David Hoffman @TrustlessState]

If crypto could just get a moment to fucking breathe, we'd be so much higher

Seems pretty clear that, in a vacuum, crypto goes up

Just we have a new crisis every week that rattles everyone out of their longs

[David Hoffman @TrustlessState]

😬

[David Hoffman @TrustlessState]

not good, fam

oil prices have been higher, for longer, than the first phase of the Iran war