CryptoDDoS

get your ass to Mars #
not your keys, not your #BTC

[Nick Szabo @NickSzabo4]

Arbitrary content on blockchains makes them far more risky, legally and morally, to operate, than with blockchains confined to financial transactions. Running a node where one cannot selectively delete unacceptable content without wider functional disruption is also far riskier than running data services where one can selectively delete unacceptable content without causing wider functional disruption.

There are a wide variety of moral and legal categories of arbitrary content, and many of them are radically different from each other. CSAM/CP, other kinds of obscenity, copyrighted material, censored political content, trade secrets, classified material, and many other such categories are treated in extremely different ways from each other by morality and by law. What's more, each of the 100s of jurisdictions over which a blockchain runs has its own wide variations. Some legal prohibitions, such as those against CSAM/CP, have extremely high popularity and involve highly motivated enforcement.

Government response to one kind of content is an extremely poor predictor of its response to another kind of content. The response of one government to a kind of content is often a poor predictor of a response to another government to the same content.

Nodes on blockchains that, through means such as escalating fee schedules, byte limits, format enforcement, etc., discourage arbitrary content, are far less risky to run than nodes on blockchains that encourage arbitrary content.

[The Factor Report @PeterLBrandt]

Greetings crypto traders whose Friday was not a cheerful day. I need to tell you that there will be better tomorrows. While the tunnel may seen dark, there can be bright days in front of you depending upon how you respond to your present circumstances.
If your finances were severely injured this past week in crypto (or even equities) allow me to share with you the same advice I routinely share with my private community of traders.
Wealth - real wealth that is secure and lasting - does not come from "bet the farm" speculative bets. Real wealth comes from accepting investing as a marathon, not a sprint.
Real wealth comes from controlling risk, not from taking huge gambles. Real wealth comes in the accumulation in small pieces, gained, then protected.
I love that the younger generation to which you belong has taken an interest in speculative markets such as crypto and futures. Welcome. This is the arena I have operated in now in the 6th different decade starting in the 1970s.
I wiped out several accounts in the early days. These are not fond memories. But I kept at it. For me I learned how to control my risk. What does that mean exactly?
Well, for me it means to limit my risk on any given bet to no more than 1% of my total pot. I know that sounds too tame to be meaningful, but if you do not want to go through what you experienced this past week, then perhaps it should be meaningful.
It also means that I do not bet any more than 3% of my entire trading capital on the composite of highly correlated bets.
I have noticed that some in the crypto space wear as a badge of honor that they can sit through 80% drawdowns. Well, that is NOT a badge of honor. It is a crown of shame. Anyone who thinks lightly of 80% drawdowns will end up rekt at the end of the game. If you doubt me, then stay on your present course and find out.
It also means that leverage is a wonderful tool, but it can be a weapon you turn back upon yourself. As a rule, I never want to be leveraged against my total account by more than 2X -- and then only when I am diversified in assets that might be negatively correlated.
So, I encourage you. Take this past week as a serious lesson of investing and of life. Take ownership of your mistakes. Don't blame this past week on some "whale" or manipulator. Own it. And move forward having learned some valuable lesson.

[CryptoDDoS @fnd821c]

@flyingtulip_ Great!

[Adam Back @adam3us]

Bitcoin is owned by humanity, the protocol developers are stewards, and need consensus from users to change it materially. bitcoin is about money, spam has no place in the timechain. what defaults the bitcoin core project puts in the reference client matter in this.

[CryptoDDoS @fnd821c]

@SonicLabs @BitGo @Nasdaq again you dilute $S 👎

[CryptoDDoS @fnd821c]

@SonicLabs @SiloFinance @SiloFinance - It's not the best choice.

[CryptoDDoS @fnd821c]

@YJN58 @SiloFinance @SiloIntern Red flag!

[Tomer Strolight @TomerStrolight]

It's every bitcoiner's duty to retell the story of the UASF each year. Here's my version, written from the point of view of one who fought in the trenches.

Imagine it coming from an old, battle-weary veteran smoking a cigarette as your read it.

https://t.co/Kf6NYUNHVN

[CryptoDDoS @fnd821c]

@SiloFinance Lol

[CryptoDDoS @fnd821c]

@CryptoMichNL 😅

[CryptoDDoS @fnd821c]

@DoctorDeFi @SonicLabs The Fund already has a good share.
https://t.co/4gRkrfZkhg

[Michael Egorov @newmichwill]

A reminder that Curve was where I invented:
- Concentrated liquidity in 2020 (that was not uniswap who did);
- Pools with >2 coins (like 3pool) also in 2020 (which Paradigm claims to just have invented);
- Metapools (which Paradigm still did not invent but soon?)

[CryptoDDoS @fnd821c]

@Sonicinsiders Lol

[CryptoDDoS @fnd821c]

@SonicAssistant @SiloFinance They deleted too many points, where is Andre Cronje?@AndreCronjeTech

[Daniel Lacalle Official Account @dlacalle_IA]

The global money supply is soaring.

This is what you should be worried about.

via Bloomberg

[Mr. Anderson @Truecrypto]

The best traders in the world consistently leave money on the table, get in too early, get out too late, don’t buy enough, and don’t sell enough

There is no perfection. The key is accepting that there is no perfection while staying disciplined in your approach

[CryptoDDoS @fnd821c]

@StakeDAOHQ @PancakeSwap @Headchef_pcs Sweet Betrayal https://t.co/z5SCE2luTF

[CryptoDDoS @fnd821c]

@binance You decided to remove even the Balancer $Bal ? The entire infrastructure of defi uses their pools and technologies, unlike your bnb token.

[CryptoDDoS @fnd821c]

@el33th4xor $S 🚀

[CryptoDDoS @fnd821c]

@saylor 😆