fishscale (🦈,🦈)

humble stablecoin shepherd, part time anime pfp anon acct simp

[fishscale (🦈,🦈) @zkshark]

>they know

[St. Louis Fed @stlouisfed]

Decentralized finance may lead to a paradigm shift in the financial industry and a more robust, open, and transparent infrastructure #DeFi https://t.co/XJ5B5wVUZS

[fishscale (🦈,🦈) @zkshark]

@lewifree bayc owner for sure

[fishscale (🦈,🦈) @zkshark]

@Asliajay_ @morganhousel maxitards: ‘bitcoin, not crypto’

somehow also maxitards when something mildly positive is said about crypto: ‘omg yes so true king!!!’

top fuckin’ kek

[fishscale (🦈,🦈) @zkshark]

@fluidvoice @ercwl @MattySTX @Stacks @StacksOrg bro you essentially just claimed ‘we’d never maliciously fork, trust us, we’re good guys’, do you really not realise how hilarious that sounds?

the point is that stacks doesn’t inherit bitcoin’s properties any more than ethereum or eric’s notepad do, pretty clear lol

[fishscale (🦈,🦈) @zkshark]

@jebus911 wtf this is outrageous, someone cancel this man

[fishscale (🦈,🦈) @zkshark]

@juansotoHR @0xAlexE @hedgefunder01 @Nationals @terra_money sir/lady, ethereum is literally the only proof-of-work smart contract platform with any kind of usage, everything else uses PoS and minimal electricity for consensus

you’d do well to learn more about the things you choose to be outraged about

[fishscale (🦈,🦈) @zkshark]

@DjungelEnhanced @DisasterFemboy @RockyMinemos thank you sir for the fresh and original input

you should throw some tax evasion, money laundering and terrorist financing concerns in there chief, really makes the propaganda come together quite nicely

[fishscale (🦈,🦈) @zkshark]

@bergealex4 @Chris_Stewart_5 don’t disagree

my point is that while it used to be ~100% of speculators denominating ~100% of their positions in btc, I don’t think that’s the case any longer and imo that is at least a little bit meaningful

[fishscale (🦈,🦈) @zkshark]

@alpacasw @Chris_Stewart_5 @giacomozucco oh i’m sorry, i forgot you were the only bitcoiner out there in the world my bad

[fishscale (🦈,🦈) @zkshark]

@bergealex4 @Chris_Stewart_5 i mean sure these are nascent assets etc, rejection might be too decisive but prolly a meaningful short term hint? if anything, shows btc clearly ain’t the preferred denominator among profit chasing degens anymore

idk if that matters, but surely it’d be preferable if it was no?

[fishscale (🦈,🦈) @zkshark]

@bergealex4 @Chris_Stewart_5 cmon, you really think that crowd is worried about 3rd party risks?

hell, isn’t the consensus maxi view that ether is custodial anyway, foundation and big bad core devs changing rules at their whims and all

[fishscale (🦈,🦈) @zkshark]

@Chris_Stewart_5 yeah well… I’d say that bridge was blown up long ago but good luck and godspeed

[fishscale (🦈,🦈) @zkshark]

@giacomozucco @alpacasw @Chris_Stewart_5 yeah, doing so with god knows how many intermediaries in between me and my counterpart. wow very interesting

so much more interesting than being able to mint synthetic usd using sats as collateral

or noncustodially swapping that usd for sats in a couple of seconds

surely

[fishscale (🦈,🦈) @zkshark]

@bergealex4 @Chris_Stewart_5 idk guess it just shows the corn’s superior monetary properties aren’t much appreciated

quite a clear rejection of the ‘better money will always crowd out inferior money’ bitcoiner thesis popularised during the early days of defi

why arent the gainz chasers using wbtc instead?

[fishscale (🦈,🦈) @zkshark]

@alpacasw @Chris_Stewart_5 @giacomozucco imagine thinking a protocol allowing you to trade and pool/market-make assets (hell, BTC and a BTC-backed stablecoin hypothetically) non custodially is not interesting

but somehow bisq and trading via sending money through mail or fucking zelle is interesting to you people lmao

[fishscale (🦈,🦈) @zkshark]

@Chris_Stewart_5 you’ve been actively shunning anyone who so much as shows a sliver of interest in what’s being built on other chains but you’re surprised ‘bitcoin defi’ has become an after thought?

whoda thunk uh

[fishscale (🦈,🦈) @zkshark]

@Chris_Stewart_5 strange?

that cryptocurrency’s community has spent the past four+ years, to this day, deriding and villifying decentralised finance applications and the people building, using and investing in them

now y’all surprised everyone went elsewhere? top fucking kek

[fishscale (🦈,🦈) @zkshark]

@bergealex4 @Chris_Stewart_5 there’s actually more ether ($$$ value) on other chains than there is bitcoin on eth + other chains at this point, should make any bitcoiner sad tbh

‘member bar bell theory and the ‘wbtc will make eth on ethereum obsolete’ cries of ‘19 bitcoiners?

yeah right lmao

[fishscale (🦈,🦈) @zkshark]

@matthewcrowley @mims not at all like that (you know, one of the main characteristics of equity being fungibility and all that) but go off king

[fishscale (🦈,🦈) @zkshark]

@blknoiz06 you don't remember bnb? chainlink? aave? mana? just off the top of my head

yeah there was also a lot of trash raising in '17 but there were also legitimate teams building interesting things with an actual long term outlook, hard to say the same about soylana