CryptoOrca

Interested in crypto as a whole. Him/He.
DAO.

[CryptoOrca @Crypto__Orca]

And of course if you missed I wrote a series of small articles on what makes a long form collection great, starting with the fat middle:
https://t.co/RplpZWdfeT

[CryptoOrca @Crypto__Orca]

@peter_szilagyi for the validator? Hell yeah lol

[CryptoOrca @Crypto__Orca]

@_ayyybee_ In that context, they selling is a pico top signal lol.

[CryptoOrca @Crypto__Orca]

@_ayyybee_ I guess it depends on the context. Is the artist a trader? Why are they buying? Are they using whose money? If an artist just believes their collection is undervalued and buy with their own money I don't see an issue.

[CryptoOrca @Crypto__Orca]

Minted my DNA NFT from @BangOlufsen today.

Can't pass on the opportunity to be part of the first foray into NFTs from such an accomplished company.

Can't wait to see the relationship to the physical items.
https://t.co/T4yDr5yP3B

[CryptoOrca @Crypto__Orca]

@VonMises14 Depending on how much you paid for gas for your friendship bracelets, it might be the winner here😅

[CryptoOrca @Crypto__Orca]

@alexmillertech @jespow Since client in this context is the exchange, negative balances would be an exchange costumer with a negative balance (they own money to the exchange). In that context it makes sense to ignore those, otherwise the exchanges liabilities get reduced without it having to pay anyone

[CryptoOrca @Crypto__Orca]

Smooth sailing through the bear.

[CryptoOrca @Crypto__Orca]

@themetav3rse My favorite part is when he calls "not being a jerk so that people like you" a "woke game" 🤣🤣🤣🤣

[CryptoOrca @Crypto__Orca]

@euler_mab @the_advisor_btc @rocifi @dcinvestor the repuation damage gets extended. So yeah, they could always start from scratch, but even in that case they would be forever at risk of being "exposed".

In the end I think reputation could work, although I'm not sure we are there yet.

[CryptoOrca @Crypto__Orca]

@euler_mab @the_advisor_btc @rocifi Think someone anon like @dcinvestor, if they ran with the money in an uncollateralized loan, sure they could start from scratch but they would forfeit all access and reputation that that account has today. And if someone ever links their new persona to the previous one,

[CryptoOrca @Crypto__Orca]

@euler_mab @the_advisor_btc @rocifi When you add legal enforcement is not reputation that is the collateral, it's the coercion power.

What you might be missing here is that reputation is more than itself, it's also future opportunity cost. A low credit score is bad for future reasons and that might apply here

[CryptoOrca @Crypto__Orca]

@euler_mab @the_advisor_btc @rocifi is trying to do something like reputation as collateral. I never used it, but I like that people are experimenting in that direction because while digital identity is very different from real ones, reputation kind of works the same and definitely can be valued in some way

[Andrew Jiang @andrewjiang]

Crypto interfaces definitely need to improve, but learning how to self custody may ultimately be one of those life skills our kids grow up with — like balancing a checkbook used to be.

[CryptoOrca @Crypto__Orca]

Cowswap is the way.

[CoW DAO @CoWSwap]

Not your keys, not your coins! 🔑🔒

This is, unfortunately, becoming more apparent every time a CEX collapses.

But self custody isn't the only reason to prefer DEX trading. Signature verification, on-chain proofs, and permissionless innovation are just as important.

🧵

[CryptoOrca @Crypto__Orca]

@liboar @dcinvestor Can you expand on their card? I don't have yet, never liked any crypto card things, maybe this one is different.

[CryptoOrca @Crypto__Orca]

@gainzy222 Kraken is a terrific exchange if you are using it as a fiat on/off ramp for thousands of dollars instead of millions (like most people).

Kraken is the perfect crypto exchange if you are a crypto *user*. They only "suck" because most people want to be traders.

[CryptoOrca @Crypto__Orca]

@sassal0x If you lost a billion dollars in crypto you have outperformed SBF

[CryptoOrca @Crypto__Orca]

This makes sense.

[Doug Colkitt @0xdoug]

1/ Very rough and speculative sketch of what I increasingly think happened at FTX as more info comes out…

The central question is where did the money go? Yes malfeasance and fraud is necessary, but at one point in the cycle cash actually has to go out the door