Paul Sullivan

I'm excited about the intersection of technology with medicine and finance, especially in how technology can enhance diagnostics, accountability, and access.

[Paul Sullivan @BigPaulean]

There's no need to to talk smack about protocols/tools you don't use or invest in in web3. WE ARE ALL IN THIS TOGETHER! DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!

[Paul Sullivan @BigPaulean]

@Mangos195 @PeterSchiff @CoinEdition This is the problem. Everyone is aware that the system isn’t just…but recognition doesn’t provide immunity from penalty

[Paul Sullivan @BigPaulean]

@PeterSchiff @CoinEdition @PeterSchiff as someone who just made a large tax payment against my better judgment, what steps can people realistically take? My understanding is that things didn’t go well for your father.

[Paul Sullivan @BigPaulean]

Not much discussion about $ZAMA even with Bithumb listing and positive price action all week.

FHE confidentiality on public EVMs is easily a top 100 CMC use case.

[Paul Sullivan @BigPaulean]

@FmrRepMTG @PeymonFreedom @FmrRepMTG is it true that one of this guy’s students did 33 months in prison and the IRS has enacted $93k worth of penalties against this guy that he has to keep trying to appeal?

[Paul Sullivan @BigPaulean]

@FmrRepMTG @grok can you summarize this video into 10 actionable steps for the average listener?

[Paul Sullivan @BigPaulean]

I'm going to make a bold prediction and risk looking dumb. $WLFI will be this cycle's Celsius/FTX/Luna. Looking at the contracts I see:
-Centralized upgrade control (owner has complete control over implementation address, exposes malicious implementation risk)
-Inconsistent State Risk
-Malicious Implementation Risk (the only update check is that the new address must contain some code).

@PatrickAlphaC thoughts? Have you looked at this at all?

[Paul Sullivan @BigPaulean]

I have a coworker who lives in Tehran, Iran that we haven’t heard from in over a month. If anyone has any ideas on how to communicate with him, I’d appreciate the thoughts/help.

[Paul Sullivan @BigPaulean]

I will say USD has the biggest “defi presence” too obviously, so the oil DAPP isn’t the ONLY use case…but a lot of “defi” is fake derivative value of the oil dapp

[Paul Sullivan @BigPaulean]

USD is a shitcoin that the Oil devs hardcoded as the only accepted payment token in 1974.
No gold backing since '71. No intrinsic value. Just a forced monopoly on the world's most important dapp.

Every country on earth has to hold USD reserves, not because the fundamentals are good, but because the Oil dapp won't accept anything else.

Now Iran is forking the protocol:

Yuan-for-Hormuz = a major liquidity provider saying "the new version accepts a different shitcoin."

It's not that yuan is a better coin. It's that breaking the exclusivity is what matters.

If the only thing propping up demand for your token is a forced monopoly and not genuine utility, you're one protocol change away from a serious repricing event.
And wars to prevent that protocol change start looking less like security policy and more like tokenomics defense.

[Paul Sullivan @BigPaulean]

@shitposts_mp4 This was a tough one…I’m certain most web3 token bridge users are females, but I didn’t want to suggest a female would improperly use the software/not pay fees. Thoughts?

[Paul Sullivan @BigPaulean]

@Shilllin CZ’s value is in BNb not BTC

[Paul Sullivan @BigPaulean]

@QuanticASI Well I guess it is a pattern based on the number of digits in the base10 number (I.e. there’s a new pattern for 3 digit numbers). Would be cool to derive an algo for it

I.e. n=515, m=111

(515,515,515)/(515*3) = (111,111,111)/(111*3) = 333,667

[Paul Sullivan @BigPaulean]

@QuanticASI Only works for base10 ints <= 9. For example, n=11:

111,111/(11+11+11) = 3,367

But interestingly for n>=10, the answer always seems to be 3,367 (I’ve only checked a few numbers >=10

[Paul Sullivan @BigPaulean]

@QuanticASI @chazlynn44

[Paul Sullivan @BigPaulean]

@RyanSAdams $ETC is a better SoV. Time to return to the roots of Ethereum and detach from the extractive VC nonsense.

[Paul Sullivan @BigPaulean]

@lfod_dintwoae @RyanSAdams This isn’t the case for $ETC though

[Paul Sullivan @BigPaulean]

@N_fozz @Cointelegraph ETC doesn’t need security based on the fiat value of the native token.

[Paul Sullivan @BigPaulean]

@DJAlevy8 @Cointelegraph It especially doesn’t disappear on ETC (can’t say the same for ETH)

;)

[Paul Sullivan @BigPaulean]

@OwenBenjamin @OwenBenjamin many of us are terminally-online nerds though. Not all crypto is a “loophole”. It is just a way for internet-native people to transact outside of the purview of governments/banks.

[Paul Sullivan @BigPaulean]

@KaspaUniversity @materkel Touché…I understand the rationale for ETH and that it was mirrored in the ETC/ETH fork, but I think ETC has operated in a much more decentralized way since. There are concerns with the proposed Olympia upgrade though.