shitposted33

#Bitcoin

[shitposted33 @shitposter33]

How the hell Lex Fridman managed to build a successfull talk show? Dude has the most boring speech I've heard

[shitposted33 @shitposter33]

@ZeeContrarian1 I guess they had to understand harder

[shitposted33 @shitposter33]

@iTzAnthonyNap yeah tanking strc and mstr price in the process. how is that good for confidence

[shitposted33 @shitposter33]

@BitcoinIsaiah to be fair stuff like this fuel Bitcoin rallies

[shitposted33 @shitposter33]

@AMoneroHodler there is no Saylors Bitcoin :(

[shitposted33 @shitposter33]

@alifarhat79 it literally is a shitcoin

[shitposted33 @shitposter33]

@NoLimitGains what are you talking about?

[shitposted33 @shitposter33]

@NoLimitGains nothing

[MEZTech 𐤊 @MEZ_tech]

@CobraBitcoin Saylor's stack

[shitposted33 @shitposter33]

@CobraBitcoin paper fucking bitcoin Michael doesn't have shit

[shitposted33 @shitposter33]

@saylor Hey Michael post proof of reserves and then take your coins of Coinbase otherwise you are a grifter

[shitposted33 @shitposter33]

@NoLimitGains Nothing is real anymore

[shitposted33 @shitposter33]

@NoLimitGains print it ofc

[shitposted33 @shitposter33]

@HodlMagoo guess when

[shitposted33 @shitposter33]

@emmanueladda2 my typical joints look like this

[shitposted33 @shitposter33]

As much as I am Bitcoin Maximalist, I do see benefit of borrowing against Bitcoin in Defi, specially since DAC8 regulation in EU. I have my life-saving position on Aave (tBTC) and although I didn’t t flinch now, I’d still be happier with isolated pools for Bitcoin maximalists.

[Stani @StaniKulechov]

Aave is my life's work and we're working nonstop to find the best possible outcome for users.

I’m personally contributing 5000 ETH to DeFi United as we continue working together with partners on formalizing more commitments. I’m working to see this resolved and market conditions normalized as soon as possible.

DeFi United.

[shitposted33 @shitposter33]

@TheTNetwork @tBTC_project we need a no-shitcoin contagion, well build BTC backed lending. Hope its that.

[shitposted33 @shitposter33]

@the_smart_ape it means court cant access it with a paper

[Zach Rynes | CLG @ChainLinkGod]

Look guys, it's actually really straightforward, a bunch of people staked their ETH on the Ethereum blockchain to earn yield, except they didn't want their capital to be locked up, so they actually staked with a liquid staking protocol called Lido who provided them a liquid staking receipt token called stETH, except they decided to juice their yield further by depositing their stETH receipt tokens into a restaking protocol called Eigenlayer, except they didn't want to lock up their capital, so they actually restaked with a liquid restaking protocol called KelpDAO who provided them with a liquid restaking receipt token called rsETH, except they decided to juice their yield further by depositing their rsETH tokens into a lending protocol called Aave so that they could open a leveraged looping position that borrows ETH against the rsETH collateral and restakes the ETH into rsETH which is then deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero that was hacked by north koreans causing rsETH to become undercollateralized and now these looping positions are stuck and unprofitable, and everyone is pointing fingers at each other, and also DeFi is a very serious industry

[Fishy Catfish @CatfishFishy]

I'm dropping a thread of all the protocols that had to freeze their interop because of LayerZero being compromised.

Let's go: