dkderek

dk

[dkderek @dkdereketh]

@alex_prompter "Reason at 100% max ultimate power" -this does nothing. There's not a throttle to crank. Phrasing like this is the prompt equivalent of typing in all caps.

[dkderek @dkdereketh]

@TheBayouLa @AbjectZero You're delusional. There was nobody in front of her. Clearly an illegal use of force.

[dkderek @dkdereketh]

@MaOcto @adamscochran Wow, didn't think you would actually admit to it. There's hope for you yet.

[dkderek @dkdereketh]

@MaOcto @adamscochran You're a delicate little one aren't you?

[dkderek @dkdereketh]

@MaOcto @adamscochran So you really don't know what you're talking about then?

[jasperthefriendlyghost.eth @drjasper_eth]

The SEC filings today, filled with factual errors and misleading statements, show concretely that the agency's incompetence is endangering investors.

The most decentralized dApp on Ethereum is Rocket Pool - it has more home stakers than Solana, Gnosis, Polygon, Avax, everything but Ethereum itself.

In a sea of charlatans, Rocket Pool has pioneered true decentralization.

In this post, I will first explain why I believe $rETH is NOT a security by analyzing all of Howey, Reves, and the FIT21 criteria. Next, I will explain several factual errors that the SEC has made in its lawsuit against @Consensys with evidence. After this I will say why Consensys will likely win on summary judgment by analysing the Coinbase victory.

Finally, I will explain how, just like tornado cash, Rocket Pool is unstoppable. Neither the Rocket Pool DAO, nor Rocket Pool LTD., nor the SEC, nor any US or international court has the power to stop people from running nodes at home or holding $rETH in their wallet.

Permisionless. Decentralized. Censorship resistant.

By the end of this thread, I hope you walk away with the knowledge that the SEC is hollow, Ethereum is the future, and Rocket Pool is enabling it.

If you prefer a single long article, check it out - https://t.co/0Ti59K61Bx

1/16

[dkderek @dkdereketh]

@MacroAnarchy @MustStopMurad No, most people could not build a functional equivalent in a couple of months. They'd give up, hurt themselves, run into unforseen circumstances, etc.

[dkderek @dkdereketh]

@_G_o_k_u__ This is satire, right?

[AdrianoFeria.eth 🦇🔊 🛡️ @AdrianoFeria]

It will take 30 years for decentralized cryptos to actually fulfill the promise of becoming actual global currencies.

It will be a slow and gradual process, but it will happen and it will be an existential threat to all concepts of government issued money. This is why there will be a lot of fud and flak along the way.

I have no doubt the shift to decentralized money will produce a more equitable global society and prosperous global economy.

It will be incredibly positive for humanity and democracy, but that won't stop politicians and some financial incumbents from claiming it's all "rat poison". The only rats are those who fabricate lies in order to protect their status quo.

I still believe $ETH is the obvious winner of the race to become a global currency, and it will become the most valuable asset in the world.

It is still bewildering how much hate $ETH gets from crypto communities.

$BTC maxis see $ETH as a competitor but they won't admit to it, and that's the real reason they cheer for anything that can hurt further adoption of $ETH... they are OK with centralized "shitcoins" and allow regulators to exercise financial oppression as long as it hurts $ETH more than it does $BTC.

Maxis hate $ETH and will fud it into oblivion while simultaneously observing how $BTC is slowly becoming more Ethereumesque and pivoting on subjects that were target of trash talking for years.

On the other hand $SOL bros also hate $ETH because it is the top dog of digital economies. They understand that the adoption of digital currencies depend on having direct integration with digital economies without sacrificing any trust assumptions. $ETH is the asset to beat with that respect.

Smart contract networks like $SOL can't compete on the reliability front because $ETH has a nearly perfect record, but they can compete on the transactional capacity front. Prioritizing speed over reliability comes changes the rate adoption, but it also changes the nature of users. There is no question that big money prefers reliability.

I'm sure BlackRock will tokenize assets on every viable network, but it's notable that they chose to issue BUIDL on $ETH first. If you don't understand why they chosen $ETH and why this matters so much, then your crypto thesis has a massive hole in it.

Being first to market in this space is a huge deal, and being the first platform with a significant value of institutional grade tokenized assets will give $ETH a massive edge as a platform.

BlackRock and others alike will continue to choose primarily $ETH because institutions prioritize reliability and reputation over high bandwidth transactional networks.

Now add to that the fact that $ETH actually has a viable scaling framework, which means the end game is uncompromising reliability and speed. L2s will also be able to provide a better UX than monolithic L1s because they have more direct over the fee structure and other factors that affect overall UX.

That's the basic thesis for $ETH. A lot more could be said about it, but it's a no brainer on this premise alone.

[Viktor Bunin 🛡️🇺🇸 @ViktorBunin]

It’s hype that users can now restake to https://t.co/MMrVwMIvEh straight from Base without needing to bridge to ethereum mainnet. Pretty soon you’ll be able to do everything you ever wanted without leaving Base :)

[Taiki Maeda @TaikiMaeda2]

At the @SohnConf, @nshalek of @RibbitCapital made an investment pitch for $ETH in front of institutional investors.

He discussed tokenization, DeFi, stablecoins, upcoming ETF, and ETH's potential for an emergent store of value.

Here's the must watch 7 minute clip:

[dkderek @dkdereketh]

@0xNoSystem @malekanoms You got that right, I have definitely been irritated with Solana the last two days.

[dkderek @dkdereketh]

@amytongwu I love this, my wife would divorce me.

[Willem Middelkoop @wmiddelkoop]

Spot on (in 1995)

[dkderek @dkdereketh]

@ArthurB @sassal0x Don't you mean properly decentralized versus custodial? The base chain is not custodial.

[dkderek @dkdereketh]

@3orovik @sassal0x Right, just like Austin is a separate place from Texas

[dkderek @dkdereketh]

@duonine delete your account

[dkderek @dkdereketh]

@NexusMutual is now also offering full coverage on smart contract risk in ETHFI https://t.co/hJzpG30AWX

[dkderek @dkdereketh]

@ether_fi Liquid sitting at $255.5M TVL. With a estimated net APY of 20%, this automated DeFi strategy vault helps cut down on the complexity of earning diversified yield while boosting ETHFI rewards. https://t.co/5FJx0cRkfu

[Basenji @Basenjiofficial]

$BENJI waiting at Base HQ for his daily walk home.