Toots

Crypto, stocks, nft's and parenting. Investor macrotrader. $BTC $ETH $PENGU

[Brivael Le Pogam @brivael]

Le progressisme est le pire cancer des 50 dernières années.

Pas parce qu'il est "de gauche".

Parce qu'il a volé un mot — progrès — pour vendre exactement son contraire.

C'est la thèse de Thiel. Une fois que tu la vois, tu ne peux plus la dé-voir.

Dans les années 60, l'Occident construisait. On allait sur la Lune. On bâtissait des centrales nucléaires, des avions supersoniques, on parlait sérieusement de coloniser Mars et de vaincre le cancer en dix ans. Le progrès, c'était des atomes : de l'énergie moins chère, des transports plus rapides, des vies plus longues.

Puis quelque chose s'est cassé autour de 1971.

L'innovation dans le monde physique s'est arrêtée net. Le Concorde a été retiré — on vole moins vite aujourd'hui qu'il y a 50 ans. Le nucléaire a été tué par la peur. Le salaire réel médian a stagné pendant un demi-siècle. "On nous avait promis des voitures volantes, on a eu 140 caractères."

Mais l'humain a besoin de croire qu'il avance. Alors le progressisme a fait une chose géniale et terrifiante : il a déplacé le mot "progrès" du monde des atomes vers le monde des symboles.

Puisqu'on ne savait plus agrandir le gâteau, on a décrété que le seul combat qui compte était de le redécouper. Plus de croissance à promettre ? On promet de la redistribution, de la repentance, des comités, des labels, des normes. La machine à créer a été remplacée par la machine à gérer le déclin — et on a appelé ça "le bon côté de l'Histoire".

C'est là que Girard rejoint Thiel. Le progressisme n'est pas une politique, c'est une religion sécularisée. Il a gardé tous les rouages du christianisme — le péché, la culpabilité, la confession, le bouc émissaire à sacrifier — mais il a jeté la rédemption et la transcendance. Résultat : une religion qui ne sait que désigner des coupables. Jamais pardonner. Jamais construire.

Et les coupables désignés, ce sont toujours les mêmes : ceux qui bâtissent. L'entrepreneur, l'ingénieur, le fondateur, celui qui prend des risques et crée quelque chose à partir de rien. Pendant ce temps on érige en héros le commentateur, le régulateur, le consultant — celui qui ne produit rien mais qui distribue les bons points moraux.

Voilà pourquoi c'est un cancer, au sens propre. Une cellule cancéreuse n'est pas un envahisseur extérieur. C'est une cellule de ton propre corps qui oublie sa fonction, refuse de mourir, et se met à grossir sans rien produire d'utile — jusqu'à étouffer les organes qui font vivre l'ensemble. Le progressisme, c'est exactement ça : une partie de la société qui a cessé de créer de la valeur, qui se nourrit de celle des autres, et qui appelle ça de la vertu.

La bonne nouvelle, c'est qu'un cancer, ça se soigne. Le remède n'est pas la nostalgie. C'est de rendre au mot "progrès" son sens originel : construire des choses réelles. De l'énergie abondante. Des frontières nouvelles. Des fondateurs qu'on célèbre au lieu de les juger.

Le futur n'appartient pas à ceux qui redécoupent le gâteau. Il appartient à ceux qui en font un plus grand.

[Toots @ne_defi]

@VitalikButerin Great insight Vitalik 💪

[Toots @ne_defi]

@CoinbaseDuck @coinbase When stocks for europe?

[Toots @ne_defi]

Me too bro, for 14 years I’ve built a nice life in the Netherlands, but this is where I leave. It might not be 100% sure yet but the uncertainty is enough. Back to BE where they are considering the same taxes won’t be an option either… algarve portugal has a very nice expat community and dutch speaking intenational school.

[Milk Road @milkroaddaily]

Coinbase just posted one of their most important earnings reports to date, and most people completely failed to see the bigger story at play.

They're all focused on the headline miss:

- Revenue down 22%.
- Consumer transaction revenue down 45%.
- A $2.49 loss per share when analysts expected $1 profit.

Looks terrible, right?

Here's the (bullish) reality everyone seems to want to ignore:

@Coinbase isn't the same company it was in 2021.

They now have 12 (twelve!) different products generating over $100M annually.

Meaning they're not a crypto exchange anymore, they're a financial infrastructure company.

Trading volume hit $5.2T for the year. Up 156% year over year.

Market share doubled to 6.4%.

Their subscription and services revenue reached $2.8B (that's 5.5x higher than the peak of the last bull cycle, btw).

Almost 1M people now pay for Coinbase One subscriptions (tripled in three years).

They acquired Deribit and became the global leader in crypto derivatives by open interest and options volume.

They launched prediction markets.

They launched equities trading.

They're handling crypto custody for over 150 government agencies.

The Q4 "miss" happened because consumer transaction revenue dropped.

Translation: retail wasn't aping into memecoins as hard in Q4.

That's supposed to be bearish?

The entire thesis against Coinbase has always been that they're too dependent on retail speculation during bull markets.

This earnings report shows they've been systematically fixing that problem.

Stablecoin revenue spiked 61%.

Average USDC held on platform hit an all time high of $17.8B.

They're building toll roads, not casinos.

When the next wave of institutional adoption hits, they're the incumbent.

When the next retail mania arrives, they'll capture it too.

But now they don't need either to survive.

This is what transformation looks like.

One quarter's miss during a downturn doesn't change the trajectory.

The "Everything Exchange" thesis is playing out.

[David Senra @davidsenra]

"Capitalism created the possibility of the win win win. It used to be a zero sum game where somebody won, somebody else lost.

The biggest mistake people make, intellectuals in particular, they still think we're in a zero sum world. They're obsessed with some billionaires because Bernie Sanders thinks that Jeff Bezos and Elon Musk somehow stole the money from the people.

They don't understand that it's this prosperity machine that's creating more, not just for those billionaires, but for everything that they're touching. They're creating value for their customers, they're creating value for their employees. Their suppliers are flourishing, their investors are seeing their capital go up. It can be reinvested and compound.

All philanthropy ultimately comes from business. That's where the profits are.

Where does all the taxes come from? It ultimately comes from business as well.

This is the engine that's lifting humanity out. The entrepreneurs are the drivers of that engine. Somebody like Elon Musk, he gets a very, very, very tiny sliver of the value that he creates for the whole world."

—@iamjohnmackey

[smolting (wassie, verse) @inversebrah]

all beras are soy

pls RT

:)

[Rep. Mike Rulli @RepMichaelRulli]

I had a productive conversation with the @pudgypenguins to discuss ways to make America the crypto capital of the world.

10k likes and I will change my pfp  just like my colleague @RepTimmons

[Justine Moore @venturetwins]

Someone remade the AI Coca-Cola ad - but with a different type of coke 🫠

(from u/DowntownCat6160)

[Toots @ne_defi]

@pudgypenguins Pengu morning

[ɅLFIE @Degen_Alfie]

Ethereum mainnet just turned 10. It only took a decade to go from a scrappy experiment to Wall Street's invisible backbone.

Securing more value than the GDP of many nations, Ethereum proved that code can be law and money can be programmable.

Here’s how we got here:

[ɅLFIE @Degen_Alfie]

Mint 30+ editions to receive a signed, numbered metal print
Gallery-grade, edge-mounted, up to 48" x 48" (121.92 x 121.92 cm). Ships globally.

Each will feature a custom color scheme tailored to your space. A centerpiece, a statement, a story.

The top 3 collectors will receive something very special.

[Toots @ne_defi]

looks like nft's are back, love to see it 😍

[Autoglyphs Bot @autoglyphs]

Autoglyph #310 bought for 81.5 ETH ($306,326) by 0xe431e4 from 0x18e804. https://t.co/aisZcI45x4

[Toots @ne_defi]

@batsoupyum My first nft purchase, absolutely still love it. The story it tells from such a pivotal time in my life. By de great @Degen_Alfie

[ALX 🇺🇸 @alx]

Love Mark Cuban’s new look

[Toots @ne_defi]

@mcuban @grok Cope, seethe, cry harder mark

[Toots @ne_defi]

@Liliequist_Eagl @DefiyantlyFree If he sold all his businesses he could give every us citizen $1100. Why don’t you start working +100hour weeks and grow multipel businesses to then just give them away… and maybe learn some basic mathematics

[Toots @ne_defi]

@DylanGillArt @stats_feed Yes, but they measure there by comparing to their feet and weigh by comparing to a stone so let’s just ingore those retards shall we

[Toots @ne_defi]

@ByzGeneral 😂 it all depends on your entry. Still solid in profit on my spot bags. Yes my networth was higher but still quite comfy

[Toots @ne_defi]

@thecryptomonk My motto after riding it all the way back down in 2017 was start dca for retirement or 0. Retirement it was in 2021. The swings were crazy but with conviction you can make it (if you dont use leverage!). Make a plan an stick to it