If you're out of the loop - this is the (hilarious) story of a subreddit (wall street bets) taking down a multi-billion dollar hedge fund... get your popcorn ready 🍿
Pertinent-
Blockchain addresses should be designed with a Gate:
When someone sends you a token, it only gets left at your 'front door'.
You can choose a setting to let them deliver into your house at will-
Otherwise you get to 'Approve receipt' to acknowledge them one by one.
There are so many internet protocols and programming languages but none of them issued a token. There are so many code packages but few of them charge a fee. If you call defi a great infra for the internet finance, I agree. But if you call defi a trillion dollar asset class, no.
We currently have more than 1 million #ETH. If #Ethereum hard fork succeeds, we will donate some forked #ETHW to #ETHW community and developers to build #ethereum ecosystem.
New ICO pitch: “virtual work to earn.” We’ll pay people with tokens to work 9-5 as NPCs. Where will token demand come from? You’ll have to stake a bunch for the privilege of doing the work. Not that far from a lot of real pitches I’ve seen lately…