steelo

[lusso @luusssso]

A mid century modern marvel with a river running throughout it

Woodsong by architect Alfred Browning Parker

Coconut Grove, Florida (1968)

[steelo @steelo2_]

@rasmr_eth @0xMerp losing money will do that to you

[T.A.R.S. 🏴🇻🇦 @TARSRel0aded]

My 16yr old son finished his first shift at his first job last night. Picked him up at 10pm and he looked beat.

He was a little sad on the way home.

I asked what was wrong.

He said he felt like he’s growing up too fast and that his childhood is over now.

[Charles @charliefx_]

Strongly believing in your chances of getting favorable outcomes out of life even without enough physical evidence yet

[Wholesome Side of 𝕏 @itsme_urstruly]

I can't properly describe to anyone under the age of 30 just how cool the Internet was before Amazon, Google, Meta, and Apple turned it all into a walled garden of garbage and commerce.

[MilliΞ @llamaonthebrink]

The chart unfortunately paints a much different picture than the caption.

That chart depicts a steady decline in onchain activity ($ wise) since 2021, supported by alt metrics like google trends which also show a decline in crypto interest over that same timeframe.

If you look closely, Ethereum’s share of activity was in a down trend until 2025, but since then has stabilized and is now regaining dominance, albeit at snail’s pace.

Hyperliquid fees shouldn’t be conflated with general purpose onchain activity as all of their revenue comes from perps trading.

I bet if we had better insight into bybit, or binance, or bitmex, or any other CEX we’d see that it’s their revenue being cannibalized rather general purposes block space.

Look I get it.

ETH has been underperforming BTC quite a bit.

I don’t like it. You don’t like it. Vitalik doesn’t like it. The EF doesn’t like it.

I think the reason Ethereum is the target of these hit pieces is that it has a large and active community and poking at it sparks engagement.

(The very same chart illustrates an even steeper decline in Solana market share over a shorter timeframe, but makes no mention of that)

I also think VCs and funds are incentivized to poke at Ethereum because they see blockchains as inevitable, and think that there’s enormous upside in capturing capital rotations out of ETH and into their bags.

This gives even more fuel for hit pieces in Eth.

What they miss is that Ethereum development has not been losing market share.

Alt L1s are not a new phenomenon, they’ve been around since before ETH. And even in 2021, there was no shortage of them.

What these VCs and hit pieces don’t understand by spinning narratives is that activity as a whole has been declining.

Painting Eth in a negative light is just a red herring for the fact that most of the industry is struggling.

Bitcoin is seeing supply centralization and mining consolidation in a way that is completely unprecedented in its short history.

Solana engineered a social narrative that lead to massive amounts of extraction from retail to its own and the rest of the industry’s detriment.

Binance/BNB has and continues to engage in some of the most manipulative and corrupt practices in crypto, and these hit pieces actually credit them for their wash-trading sourced revenue!

Tron is widely known to have onchain activity of questionable provenance, and largely serves as a sandbox for Tether.

Hyperliquid is the new shiny thing that’s making holders money so all its sins are washed, but everyone is forgetting that the chain is literally closed source.

I’m not telling you to buy ETH. You can invest how you want.

But ETH’s price action is probably the strongest signal of genuine crypto interest.

Its decline means that interest in crypto more broadly is in decline.

The chart below illustrates that fact more than anything else.

And spinning anti-ETH narratives is just a projection that crypto simply isn’t capturing mind share or capital flows the way it did.

“Ethereum losing to competitors” isn’t the story here.

The story is that capital is largely expensive as result of high glob interest rates, and what liquidity is available is being funnelled into Sam Altman’s and Dario’s quests to build god.

But there are exceptions.

It’s not all doom and gloom.

Prediction markets are an exception. Equity/commodity perps are an exception.

And amazingly, in a massive breath of fresh air, onchain privacy solutions are an exception.

Interestingly, the top prediction market, the top perp-DEX, and almost all of the privacy solutions are either built on Ethereum, built adjacent to Ethereum, or adopt Ethereum tech.

But we don’t see that in any of the headlines do we?

[˚‧₊˚ caska ‧₊˚. @trains_mp4]

twitter is the best platform for people who regularly just talk to themselves

[Xen @XenBH]

Most people outside of crypto think we're here to make money. But actually most of us are here because we want to be free.

There are many ways to have financial freedom. For me, living in the uk, it's about not having to think about money. I live a pretty simple life, and well within my means. And so I’m never controlled by money. In fact I try not to ever even think about money.

One simple example. I rarely shop, and rarely buy things. But when I do, I buy exactly what I want, when I want it, without any respect to price. I’m a seller’s dream customer.

And I hate deals. Buy one get one free, air miles, special vouchers - all of that. I never use or accept any of them. To me they're a way of third parties having power over me. Restricting my freedom. Manipulating me into doing what they want.

The price I pay for that is probably quite expensive. But for me its worth it. My wife kills me for it however - unlike me, she loves a good deal! We're happily different like that.

What does financial freedom mean for you?

[Ranko X @r4nk0X]

🧵 you can hold the most private coin on earth. doesn't matter if your wallet app pings 40 servers the second you open it. your IP is out before you generate a key.

so I tested 13 web3 wallets on first launch:

clean android, no sim
apks via gplaydl
wifi + vpn
pcapdroid per app

[Financelot @FinanceLancelot]

The problem with being ahead of the curve is everyone thinks you're retarded

[ceres @0xCE7E5]

if you're so smart why aren't you having fun

[Bags @0xbags]

there’s our little doomer

why don’t you come downstairs and tell us what current event we should be worried about today

[CryptoCondom @crypto_condom]

The banks want to control our money and control our yield. This is a FAIL for Clarity Act and anyone who supported it.

[Claude @claudeai]

You can now enable Claude to use your computer to complete tasks.

It opens your apps, navigates your browser, fills in spreadsheets—anything you'd do sitting at your desk.

Research preview in Claude Cowork and Claude Code, macOS only.

[steelo @steelo2_]

@fed_speak a true scumbag

[Path of Men @PathOfMen_]

i used to have this mental illness where i thought logical arguments would change someone's mind

[𝚃𝙷𝙺 @Thehorrorkid]

The Trip Hop era

[old memory @old_memory]

Counter Strike 1.6 (2003)

[Mads @europemaxxed]

How life feels after successfully digging yourself out the hole nobody knew you were in