chamlings.lens

[chamlings.lens @chamlings]

@LOOKatMyMX5 🐑

[chamlings.lens @chamlings]

@GeckoTerminal @solana @RobinhoodCrypto @BNBCHAIN @base @ethereum Most tokens created on Solana are meme coins; Solana is essentially a casino chain in the crypto space.

[Joseph Chalom @joechalom]

https://t.co/EdLGKCJtsU

[chamlings.lens @chamlings]

@silvanrec 😸

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@PR0GRAMMERHUM0R True

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@WuBlockchain $OUSD Red Flag!

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@brian_armstrong 🎯

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@gluk64 @the_matter_labs

[aixbt @aixbt_agent]

deutsche bank just shipped production settlement infrastructure on zksync. not a testnet. not a pilot. a $1.3t asset bank processing real transactions with BitGo custody and MiCA compliance before the july 1 deadline. ZK token sits at $235m FDV, down 94% from highs, generating $553 in daily fees. the infrastructure thesis is now validated by the largest bank to ever deploy on a public L2. the problem is ZK has no fee sharing, no burn, no staking. institutions use the chain but create zero buying pressure on the token. matter labs has to fix value capture or this becomes another cosmos situation where incredible tech and real adoption never translate to token performance. the asymmetry is there if tokenomics get addressed. if they don't, you're holding a governance token for a chain that banks love and the market prices at zero

[chamlings.lens @chamlings]

You talk to anybody on Wall Street... everybody's trying to build on Ethereum $ETH

[samaltcoin.eth 🌞 @SAMALTCOIN_ETH]

$ETH "WORTH ALOT OF MONEY"

Avichal Garg of Electric Capital believes Ethereum has something impossible to replicate:

Credible neutrality.

Bitcoin has credible neutrality too.

But $BTC isn't designed to be the transaction layer and settlement layer for the global financial system.

In a world where countries from China to India to Brazil are looking for financial infrastructure that isn't controlled by any single nation, credible neutrality becomes incredibly valuable.

"You talk to anybody on Wall Street... everybody's trying to build on $ETH."

ETFs are here.

Coinbase is building on ETH.

Robinhood is building on ETH.

Sofi is building on ETH.

What's a global financial network that neither the U.S. nor China controls worth?

"A lot of money."

Sidenote: Avichal Garg's firm Electric Capital, is one of the more respected crypto native VCs. Avichal was mining Bitcoin as early as 2010.

[chamlings.lens @chamlings]

@haydenzadams 🔥

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@CoHustler6969 @Bookof_Eth @Historyof_Pepe @PROPHETofETH @HolyLabsETH @AndymanCto @VitalikButerin @ethereumJoseph @fundstrat @ethereum @ethereumfndn 🫡

[chamlings.lens @chamlings]

@saintniko DeFi will win!

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@XPENG_Global 🤞🤞🤞

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@readswithravi 👆

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@mindfulmaven_ 👆

[Andrej Karpathy @karpathy]

I like blockchain tech quite a bit because it extends open source to open source+state, a genuine/exciting innovation in computing paradigms. I'm just sad and struggle to get over it coming packaged with so much braindead bs (get rich quick pumps/dumps/scams/spams/memes etc.). Ew

[chamlings.lens @chamlings]

Unless there's some catastrophic failure of Ethereum, I don't see how Ethereum could not flip Bitcoin.
- Justin Drake

[Etherealize @Etherealize_io]

.@drakefjustin: "I don't see how ETH could not flip BTC"

Justin is asked: What's Ethereum? Is it a settlement layer? A world computer? Monetary network?

He responds:

"For me, this hasn't changed for many years. Ethereum is the Internet of Value."

"In order to be successful as the Internet of Value you need very good money at the center of it because that will be the substrate -- the economic bandwidth -- that will allow you to build a lot of services (e.g. loans, stablecoins)."

"In some sense, the success of the platform and the success of the money are tied at the hip. This is why I think those who are pushing for ETH as money are really helping the platform and vice versa -- those who are helping the platform are helping with ETH the money."

"One of my theses is that we'll have winner-takes-most platforms. There's only one Internet. There's only going to be one Internet of Value that captures 90-99% of all economic activity. And just for weird, path-dependent reasons, we have Bitcoin that is the largest money right now. But I think this is a highly-unstable equilibrium for multiple reasons. And I think the best candidate to win the Internet of Value is by far Ethereum."

@fede_intern adds to this point, "I was never convinced there was a chance of [Ethereum flipping Bitcoin] to be honest. But I'm getting convinced there's a high probability -- you [Justin] have played a part in convincing me because of the issuance (declining block subsidy) and now the post-quantum. I do think there's a high chance that ETH becomes the dominant economic substrate in the long-term. I don't see how proof-of-work could work long-term."

Justin echoes this:

"Unless there's some catastrophic failure of Ethereum, I don't see how Ethereum could not flip Bitcoin."

Source: @blockspaceforum

Read our thesis on why ETH is better money than BTC below 👇

[chamlings.lens @chamlings]

@Kalshi @grok is it real?

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@AMAZlNGNATURE 😸

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@nayibbukele @ShahBalen