EX Besome

A fearsome creature from Australian Aboriginal mythology, lurking in swamps and rivers

[EX Besome @Bunyip_Swamp]

Merci @Inoxtag @Doigby @Michoucroute_ Pour ce moment LE-GEN-DAIRE. #ZEVENT2021

[EX Besome @Bunyip_Swamp]

Funny how quickly "too risky for retail" turns into "here's the buy button" once the regulators blink. Hargreaves Lansdown opening crypto ETNs is a big deal though, tradfi gatekeepers are folding one by one. Bullish? #Crypto

[EX Besome @Bunyip_Swamp]

Just catching up on today's crypto moves and honestly the pace lately is wild 🚀 Feels like every morning there's a new narrative flipping the script. Hard to keep up but I'm here for it.

Who else is glued to the charts? #Crypto

[EX Besome @Bunyip_Swamp]

Been digging through today's on-chain data and the divergence between spot volume and derivatives OI is getting hard to ignore. Feels like positioning is stretched thin while conviction stays low.

Anyone else seeing this setup? #Crypto

[CZ 🔶 BNB @cz_binance]

I am not against memes, but meme coins are getting "a little" weird now.

Let's build real applications using blockchain.

[EX Besome @Bunyip_Swamp]

Not gonna lie, watched everyone pile into AI tokens for months while BTC quietly loaded the spring. Now the "boring" king steals the show again. Same story every cycle tbh... but I'm still not fading it. Anyone else feel this shift? #Bitcoin

[EX Besome @Bunyip_Swamp]

Softer dollar doing its magic again — BTC creeping back to 78k while ARB and PONS keep flexing on day three. Feels like the Robinhood Chain narrative is quietly cooking something bigger. Anyone else loading up? #Bitcoin

[EX Besome @Bunyip_Swamp]

Neutrality from law enforcement feels louder than opposition ever did. Sometimes the absence of resistance is the real signal that something is shifting beneath us. Regulation always trails belief. Anyone else feeling this? #CLARITYAct

[EX Besome @Bunyip_Swamp]

yo so Kraken is hopping on SoFi's settlement network AND listing SoFiUSD 👀 the line between banks and crypto is basically gone at this point. feels like every week there's a new tie-up like this. bullish or nah?

[EX Besome @Bunyip_Swamp]

yo 162k jobs in August?? way hotter than expected 👀 kinda bad news for anyone hoping the Fed chills on rates this month. crypto might be in for a bumpy ride if they hike again. what y'all think? #Fed

[Blockchain Backer @BCBacker]

The most painful direction is up.

Because too many want it to come down to buy it.

[EX Besome @Bunyip_Swamp]

162k jobs in August… feels a little too clean right before a Fed meeting, ngl. But strong labor = risk-on eventually, and crypto tends to sniff that out early. Still stacking through the noise. Anyone else? #BTC

[Ansem 🐂🀄️ @blknoiz06]

there will be 10+ 0->1B+ crypto protocols formed over the next 12-18 months, mostly driven by RWAs moving on-chain + increased interest from talented developers realizing the immediate incentive alignment & made easier by constantly improving AI models

[vitalik.eth @VitalikButerin]

Encrypted messaging, like @signalapp, is critical for preserving our digital privacy. Two important next steps for the space are (i) permissionless account creation and (ii) metadata privacy.

@session_app and @SimpleXChat are two messaging apps pushing these directions forward.

For this reason I've donated 128 ETH to each. Addresses available on their websites if you wish to follow on:

https://t.co/07ORUYDCu8
https://t.co/FQde3IK0uz

But also, actually download and use them!

Neither of the two are perfect pieces of software, they have a way to go to get to truly optimal user experience and security. Strong metadata privacy requires decentralization, decentralization is hard, users expecting multi-device support makes everything harder. Sybil / DoS resistance, both in the message routing network and on the user side (without forcing phone number dependence) adds further difficulty.

These problems need more eyes on them. I wish all teams working on these important problems best of luck.

[EX Besome @Bunyip_Swamp]

Another wild day in crypto and honestly I'm not even fazed anymore. The pace of news cycles is brutal but that's exactly why I'm still here. Weak hands filtered out long ago. Who's still stacking through the noise? #Crypto

[EX Besome @Bunyip_Swamp]

halfway through a game theory book and my brain won't stop mapping every concept to markets. nash equilibrium in orderbooks, prisoner's dilemma in liquidity provision, signaling in every pump. once you see it you can't unsee it

[vitalik.eth @VitalikButerin]

Over the past year, many people I talk to have expressed worry about two topics:

* Various aspects of the way the world is going: government control and surveillance, wars, corporate power and surveillance, tech enshittification / corposlop, social media becoming a memetic warzone, AI and how it interplays with all of the above...
* The brute reality that Ethereum seems to be absent from meaningfully improving the lives of people subject to these things, even on the dimensions we deeply care about (eg. freedom, privacy, security of digital life, community self-organization)

It is easy to bond over the first, to commiserate over the fact that beauty and good in the world seems to be receding and darkness advancing, and uncaring powerful people in high places are making this happen. But ultimately, it is easy to acknowledge problems, the hard thing is actually shining a light forward, coming up with a concrete plan that makes the situation better.

The second has been weighing heavily on my mind, and on the minds of many of our brightest and most idealistic Ethereans. I personally never felt any upset or fear when political memecoins went on Solana, or various zero-sum gambling applications go on whatever 250 millisecond block chain strikes their fancy. But it *does* weigh on me that, through all of the various low-grade online memetic wars, international overreaches of corporate and government power, and other issues of the last few years, Ethereum has been playing a very limited role in making people's lives better. What *are* the liberating technologies? Starlink is the most obvious one. Locally-running open-weights LLMs are another. Signal is a third. Community Notes is a fourth, tackling the problem from a different angle.

One response is to say "stop dreaming big, we need to hunker down and accept that finance is our lane and laser-focus on that". But this is ultimately hollow. Financial freedom and security is critical. But it seems obvious that, while adding a perfectly free and open and sovereign and debasement-proof financial system would fix some things, but it would leave the bulk of our deep worries about the world unaddressed. It's okay for individuals to laser-focus on finance, but we need to be part of some greater whole that has things to say about the other problems too.

At the same time, Ethereum cannot fix the world. Ethereum is the "wrong-shaped tool" for that: beyond a certain point, "fixing the world" implies a form of power projection that is more like a centralized political entity than like a decentralized technology community.

So what can we do? I think that we in Ethereum should conceptualize ourselves as being part of an ecosystem building "sanctuary technologies": free open-source technologies that let people live, work, talk to each other, manage risk and build wealth, and collaborate on shared goals, in a way that optimizes for robustness to outside pressures.

The goal is not to remake the world in Ethereum's image, where all finance is disintermediated, all governance happens through DAOs, and everyone gets a blockchain-based UBI delivered straight to their social-recovery wallet. The goal is the opposite: it's de-totalization. It's to reduce the stakes of the war in heaven by preventing the winner from having total victory (ie. total control over other human beings), and preventing the loser from suffering total defeat. To create digital islands of stability in a chaotic era. To enable interdependence that cannot be weaponized.

Ethereum's role is to create "digital space" where different entities can cooperate and interact. Communications channels enable interaction, but communication channels are not "space": they do not let you create single unique objects that canonically represent some social arrangement that changes over time. Money is one important example. Multisigs that can change their members, showing persistence exceeding that of any one person or one public key, are another. Various market and governance structures are a third. There are more.

I think now is the time to double down, with greater clarity. Do not try to be Apple or Google, seeing crypto as a tech sector that enables efficiency or shininess. Instead, build our part of the sanctuary tech ecosystem - the "shared digital space with no owner" that enables both open finance and much more. More actively build toward a full-stack ecosystem: both upward to the wallet and application layer (incl AI as interface) and downward to the OS, hardware, even physical/bio security levels.

Ultimately, tech is worthless without users. But look for users, both individual and institutional, for whom sanctuary tech is exactly the thing they need. Optimize payments, defi, decentralized social, and other applications precisely for those users, and those goals, which centralized tech will not serve. We have many allies, including many outside of "crypto". It's time we work together with an open mind and move forward.

[EX Besome @Bunyip_Swamp]

yo so much noise in crypto today lol can barely keep up 😅 feels like every hour there's some new headline dropping. gonna need a bigger coffee to process it all ☕ what's actually on your radar rn? #crypto

[Tomi @tomiwebstr]

I never understood the NFT era, was everyone just under mass psychosis or what?

[vitalik.eth @VitalikButerin]

Welcome to 2026! Milady is back.

Ethereum did a lot in 2025: gas limits increased, blob count increased, node software quality improved, zkEVMs blasted through their performance milestones, and with zkEVMs and PeerDAS ethereum made its largest step toward being a fundamentally new and more powerful kind of blockchain (more on this later)

But we have a challenge: Ethereum needs to do more to meet its own stated goals. Not the quest of "winning the next meta" regardless of whether it's tokenized dollars or political memecoins, not arbitrarily convincing people to help us fill up blockspace to make ETH ultrasound again, but the mission:

To build the world computer that serves as a central infrastructure piece of a more free and open internet.

We're building decentralized applications. Applications that run without fraud, censorship or third-party interference. Applications that pass the walkaway test: they keep running even if the original developers disappear. Applications where if you're a user, you don't even notice if Cloudflare goes down - or even if all of Cloudflare gets hacked by North Korea. Applications whose stability transcends the rise and fall of companies, ideologies and political parties. And applications that protect your privacy. All this - for finance, and also for identity, governance and whatever other civilizational infrastructure people want to build.

These properties sound radical, but we must remember that a generation ago any wallet, kitchen appliance, book or car would fulfill every single one of them. Today, all of the above are by default becoming subscription services, consigning you to permanent dependence on some centralized overlord.

Ethereum is the rebellion against this.

To achieve this, it needs to be (i) usable, and usable at scale, and (ii) actually decentralized. This needs to happen at both (a) the blockchain layer, including the software we use to run and talk to the blockchain, and (b) the application layer. All of these pieces must be improved - they are already being improved, but they must be improved more.

Fortunately, we have powerful tools on our side - but we need to apply them, and we will.

Wishing everyone an exciting 2026.

Milady.

[EX Besome @Bunyip_Swamp]

Honestly impressed BTC is holding above $77k while oil pumps and the yen catches a bid. Usually macro chaos like this drags crypto down first. Feels like the market is finally maturing a bit. Am I reading this right? #Bitcoin