Riddle me this. What happens when the first country secretly prints infinite #fiat to purchase as much #Bitcoin as it can? A thought experiment thread on the ultimate tragedy of the commons /1🧵
And who determines who the despots are?
And why stop at despots?
Is Iraq better after Saddam fell?
Framing this as a “if you don’t support this, then you are a despot supporter” doesn’t click for me.
US bombs. Innocents die, soldiers die. Then foreign corporations come in and rape all the resources. This is straight up imperialism.
And if you support downright imperialism then we have different values.
“I’m bombing you for your own good” argument doesn’t make sense to me.
You hired a crypto veteran.
Turns out he couldn’t define DeFi.
3 years in the industry, never touched a DEX.
That’s when I realized:
Crypto didn’t evolve. It split.
On one side:
Custody. Compliance. Capital.
Built for traders in Connecticut.
Crypto as the new Wall Street, only faster, cheaper, scarier.
On the other:
Quests. Games. Airdrops.
Built for a new middle class in Manila, Lagos, and Hanoi.
Crypto as identity, escape, second chances.
These aren’t layers of the same stack.
They’re different planets.
And the gap is only growing.
We recently hired someone who spent three years at a major OTC desk.
They’d never used Phantom. Didn’t know what Zora was.
Web3 was a “rumor” in their Slack.
And yet, they called themselves “deep in crypto.”
They speak capital.
Others speak culture.
They build for whales.
Others build for wallets.
Crypto isn’t one industry anymore. It’s a forked chain.
Wall Street took the ticker.
The rest of us took the rails.
@figma just filed to IPO.
Guess what was on the balance sheet?
Bitcoin, yeah…the famous bitcoin.
Not a token.
Not a wallet plugin.
Not a DeFi position.
Just Bitcoin.
They skipped Web3 entirely, and bought the safest corner of crypto with both hands.
We’re seeing something new.
Figma’s move isn’t an outlier. It’s a signal.
Meanwhile, wallets are spinning up like wildfire across the Global South.
Chasing quests. Airdrops. Identity. Access.
It’s not convergence. It’s a split.
Capital is stacking West.
Adoption is exploding East.
Two worlds. Two missions.
Same rails, very different trains.
Anyone else seeing this trend?
Because the fork isn’t coming. It’s already here.
Torab deserves a lot of respect, don’t know him personally, but I’ve been watching the whole Rushi fiasco unfold. From what I’ve seen:
- As BD, he genuinely tried to bring real ecosystem projects onboard. Gearbox included.
- And not in a half-assed way. Dude actually engaged, knew the projects inside out, and showed real interest. Rare stuff in this space.
- Then the whole MOVE mess blows up. He doesn’t disappear. He steps up, takes ownership, and pledges to do right by the community.
-Now he’s CEO, grinding to clean up one of the messiest situations in recent memory, when walking away would’ve been way easier.
Props where they’re due. Don’t think we’ve seen the last of Movement. 🫡
The news is out! Couldn't be more excited to announce that I'm back in the ring as a builder. Coming on as a co-founder to @0xMiden with our $25M seed fundraise being co-led by @a16zcrypto , @1kxnetwork , and @hack_vc .
I spoke to what must have been over a 100 projects in the past few months, but nothing came close to being nearly as exciting as what this team is building.
My co-founder @bobbinth is genuinely the most impressive person I've met in Web3 in the 13 years I've spent in this space. And this is no exaggeration. Brilliant, humble, and hustles like no other.
Vitalik brought him into Web3 and got him working at the EF years ago on zk, then he went to Meta where he led the zk team, and is a Polygon cofounder as well. When I say the most impressive, I mean it.
Privacy, scalability, and decentralization, with the ability to offer compliance. That's what separates Miden from just another blockchain. And we're going to be bringing institutions on chain with this.
If you're a builder in this space, I'd love to hear from you. My DMs are open.
We did the unthinkable.
One of the most consistent yields in all of finance - now fully halal.
Built on Solana, Shariah-compliant by default.
Powered by iASOL, our new LST: stake & unstake instantly.
The first step to halal-yield DeFi.
inshAllah Halal Solana Staking is live!
Why BD in Web3 is Hella Hard
For context, before crypto I was an Enterprise Account Executive and sold into some of the biggest orgs in the world. Full enterprise deal cycles with large ACVs. I only say this establish I'm not making up the shit I'm about to say
@elonmusk Meanwhile, the visit duration of DEXTools users exceeds that of Facebook, Instagram, and X, nearly all combined (source: Similarweb)
"Quality Engagement"
Israel ordered Hannibal Directive on October 7.
Documents & testimonies obtained by leading Israeli newspaper Haaretz reveal today.
We along with @PulaRJS exposed this three months ago.
The western media ignored it then and will continue to ignore it now
Had a great meeting with @ilblackdragon and other NEAR team in Dubai and I left impressed with his insights and vision on the intersection of crypto & AI.
There are a lot of positive changes at NEAR over the past few months that haven't been fully priced in yet.