olezigaba

Doing my best to determine signal from the noise.

[olezigaba @olezigaba17]

@tomtalleyrand @MaryMaa54092776 @Peoples_Pundit Context: I enthusiastically voted for Trump in 24

[olezigaba @olezigaba17]

@tomtalleyrand @MaryMaa54092776 @Peoples_Pundit He lives and dies by Fox News. Tried to tell him we live in completely different universes, but there were too many layers of programming that it just wasn't worth it

[olezigaba @olezigaba17]

@MaryMaa54092776 @Peoples_Pundit Spoke to my grandpa today, asked him not to vote for Graham. He didn't, but said he couldn't vote for Lynch because of the ads he saw. 😪

[olezigaba @olezigaba17]

@SebastienGllmt Is midnight uxto?

[olezigaba @olezigaba17]

@vivarantex @IOHK_Charles I would, but he blocked me

[olezigaba @olezigaba17]

Finally got around to watching the latest Charles Hoskinson video, and honestly, couldn't be more disappointed. Just weeks after pushing through treasury initiatives in which IO will receive a lion's share of the NCL, he now says that he has no interest in increasing KPI's or price? Would've been nice if the DReps knew that before allocating millions of ADA to IO this year.

Looking more and more like a "grab everything you can on the way out" exit.

I don't fault him for admitting shortcomings, but I do fault him for milking the community over the past 4 years through disproportionate staking rewards and treasury allocations. No amount of playing the victim now covers up the fact that his personal wealth exploded while the ADA community saw their holdings bleed out in value.

Cardano is in a rough place, and tbh, I've never been more unsure of its future. However, I'm increasingly convinced the only way it has a shot is if the past few years are accepted as sunk cost, and we grow past relying on the leadership of Charles Hoskinson.
https://t.co/ywVkmvYoxB

[olezigaba @olezigaba17]

@phillip_pon @JaromirTesar @IOHK_Charles Cool, glad we've set the precedent that Charles can crash out on YouTube, tank the price of ADA, and it result in him being MORE likely to receive funding 🤦‍♂️

[olezigaba @olezigaba17]

I appreciate the detailed response. My frustration stems from the fact that the majority of the community agrees that at this point, the price of ADA is not where it needs to be and therefore, sell pressure from treasury withdrawals should be limited to the most essential items. Personally, I feel like this will be paying IO a 3rd time (original mandate w/Basho, last year, and now again) for Leios and Peras, and this is a sizable amount of the NCL. Charles latest video was also incredibly concerning. My preference would have been for a much smaller research initiative (and frankly, would have preferred a non-IO entity, as it seems clear there is way too much overhead in their proposals compared to actual deliveries).

[olezigaba @olezigaba17]

@0xNLYFANS @Machesh50 *70M

[olezigaba @olezigaba17]

@0xNLYFANS @Machesh50 What level of decentralization is strong arming DReps into voting for 80M ADA for "research" when the price has only gone down for months?

[olezigaba @olezigaba17]

@Aalhund1 *70M

[olezigaba @olezigaba17]

@Aalhund1 He's not leaving before he gets another 80M ADA for "research" unfortunately 😪

[GAIA 🇨🇦 Make a Difference - DRep @GAIAstakepool]

This is insanity. We’re in the place we’re at exactly because of founding entity control over $ADA governance and the treasury.

The last thing we need is executive function to allow further draining of the #Cardano treasury.

The pentad literally can’t help themselves but continue the conflicts of interest and use massive voting power to continue to vote themselves more of the treasury and more power.

If @IOGroup @Cardano_CF and @emurgo_io / @YoroiWallet can’t survive the bear market with their current funding received, these entities need to die off.

There has been ample time for the founding entities to build a self-sustainable business model, and the drain on our community cannot continue.

Prove me wrong @phillip_pon @F_Gregaard @IOHK_Charles , we need sustainable leadership by example.

[olezigaba @olezigaba17]

Very disheartening. If we've learned anything over the past year, it's that Cardano's current leadership is unlikely to effectively and wisely manage the resources provided from the treasury in a way that translates to ecosystem success or an ADA value increase. Charles even recently said he doesn't care about the price going up and isn't the right leader for the role. If there was ever a time to take a more measured approach and curb efforts like research, this is it.

[olezigaba @olezigaba17]

@YossiGoldstein8 Completely agree

[olezigaba @olezigaba17]

Jfc, at what point do even people like @BillAckman get tired of this shit? Is he too deft to realize the amount of backlash generated against basically everything he's currently supporting (Trump, Israel, capitalism, etc) isn't worth even a complete Iranian regime change (very unlikely)?

[olezigaba @olezigaba17]

@marklevinshow No idea. Probably nothing to do with the fact they've constantly undermined US negotiations and imploded Trump's presidency and any chance at preventing a blue wave.

[olezigaba @olezigaba17]

More of this energy please @realDonaldTrump

[Faytuks News @Faytuks]

Trump tells FT that Israel would have no choice but to accept whatever deal the US negotiates with Iran

"He won’t have any choice. I call the shots. I call all the shots. He [Netanyahu] doesn’t call the shots"

[olezigaba @olezigaba17]

@mr_cata Not as long as Treasury distributions are happening

[olezigaba @olezigaba17]

@R1chardMaur1ce You have no idea how disappointed I was when the much-hyped USDC delivery was essentially a glorified bridge solution