Vitalik is not a communist but he’s also not a capitalist. He’s a third special thing that draws from capitalism and socialism and collectivism and effective altruism and environmentalism and a lot of other things that the average crypto enjoyoor has never heard of but this creates a dynamic where he says things like “make communism great again” and people don’t understand if he’s trolling. Compare this to Toly or Alex Jones saying “make communism great again” and it’s much more readily apparent that it’s a joke even if it’s not very funny.
And most people today don’t know the history or context of Ethereum and shouldn’t have to so they work with what they have and so you have VCs who are very much capitalists who also don’t understand what Vitalik is saying but continue to parrot “the world does not deserve V” because it has historically been very good for their bags to fall in line and they have benefited greatly from DAOs and tokens and building “public goods” even though I’m pretty sure they don’t run investment committee meetings by quadratic voting.
So finally the proles get to a point where they’re like “ok if you’re not a communist why don’t you just fucking tell us what you are, it would make it so much easier?” But here’s the thing: they can’t. The thinkers can’t tell us because we wouldn’t understand it. One can’t expect the median IQ to think on the same dimension as the gods. So we are only left with morsels of the ambrosia that we have to piece together ourselves to figure out wtf is going on. Also the coin keeps going down people don’t like that part either.
Top performers (top 100) since the election.
If you caught none of these, you're not locked in enough.
If you caught all of these, you need to quit trading and seek help.
Got some really terrible news today: the chat that I thought was a cabal chat is, in fact, not at all a cabal chat these people have no idea what they are doing
lol for some reason everyone seems to be recently coming after solana at the same time — and the worst part is that it's always handwavy arguments with 0 real data
keep coming, thank you for the free marketing — I'll be here all day
in the future, users will open an app, fund it with their credit card, and transact every time they tap
they won't know or frankly give a shit about what chain they're using
this is why the only focus that matters for a chain is acquiring, supporting, and incubating apps
“Max pain is just months of chop”
no max pain is that we are at the end of a 75+ year long-term debt cycle and all of this stuff we’re very certain is useful because it’s been around for like 10 years and we’ve made our entire identity is actually deemed worthless by society
this is arguably the best application of crypto I've seen yet — everyone needs to talk about it more
traditional mapping is a monopoly, expensive, and inefficient
how it works is that Google has cars that drive around and gather data periodically and charge super high fees since this data is very hard to get
with crypto, you can give people all around the world the ability to earn by adding dashcams to their cars and map the world in real-time
the result is that you get:
i) much fresher mapping data (Google Maps might take months to re-map something!!)
ii) much better economics
iii) much better composability and network effects
the end result is a much better real-time world map than any centralized institution can provide
the team behind it is @Hivemapper and they're building on Solana