Farcaster is the best place right now to be experimenting with AI agents. Permissionless social layer to build on, every user has a crypto wallet, many other bots the agent can interact with (post bounties with bountybot, pay users with paybot, launch token with clanker, etc)
ETH value comes from devs building cool and useful stuff on top of it. It has a huge lead making it very valuable
For example, Uniswap is a cool thing people like to use and is by far the biggest value driver of Ethereum today (~25% of blockspace + ~75% of MEV)
This needs to remain front and center. Narratives aimed at ppl w/ gold bars under their bed undercut this and cause us to lose focus
@OurielOhayon This is terrible for users, but I empathize with Venly on this issue as they're an EU company that has to comply with the law or face consequences. What would you do if Israel pushed some similar regulation on Zengo?
And we finalized!
Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.
In the face of this knowledge, what should you do? There is one crucial, actionable piece of advice. Pull all of your money out of centralized yield services like BlockFi, Voyager, and Nexo for the time being. It is not worth the risk. Withdraw it all into your Ledger. (10/14)
@LawrenceLepard I guess if you're in this trade to hold until the next bull it could work. But I don't see the discount closing up until institutions return to the market.
@scott_lew_is Interesting perspective as it helps resolve the contradiction around how DAOs can both be important for the future and yet most DAOs today seem totally unworkable or useless.