The CEOs don’t say it this way because it’s not what they believe! They believe they’re shepherding an extremely destabilizing, yet inevitable technology. And the proof of that is that they started out with these highly exotic corporate structures.
.@EclipseFND drives soft network effects (eg, dev tooling, info distribution, debugging, etc) around @Solana & $SOL, even if it doesn’t use SOL directly.
Not too diff from how alt-EVM L1s furthered growth around Ethereum, even tho they didn’t use $ETH.
Not worried, stoked 🫡
@adamscochran@HsakaTrades@lex_node Yes you’re a law nerd but your nerdiness couldn’t get you to check to see if the legal order was signed before tweeting it
@0xfbifemboy Could you provide some restaurant recommendations for (1) SF; and (2) the Napa region? Some low / medium / higher budget perhaps? Gonna be in the US West Coast for the first time.
Su-Kyle saying they’re arb traders in a black-swan event, hunted by FTX, is the same as SBF saying there was a bank run.
Lest we forget, here’s a recap of what 3AC did 👇🏼
With an $8 billion balance sheet hole, you either need saviors who think that the company itself can generate massive profits going forward. Or who have such crypto exposure more broadly, that $8b is worth it to stabilize their other assets (which apparently is not Binance)