I've been trading professionally since 1994.
30 years. Dotcom. 2008. 2020. 4 crypto cycles.
7 brutal lessons that turned my biggest losses into my biggest wins.
Bookmark this. You'll need it.
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Vitalik is fully leaning into the cypherpunk ethos of Ethereum.
This is the right move imo. Frankly, I've wanted to see Ethereum marketing and building focus on this theme for a very long time and been highly frustrated that it's not.
Some express concerns that this approach will not be 'commercial' enough or be the best (or even a good) path to accruing value to ETH--I disagree, but of course this is a 'bet' and reasonable minds can differ on the subject.
Ethereum's engineering roadmap and selected set of tradeoffs really only make sense with the cypherpunk ethos being front-and-center. Read @0xstark 's essay, "Ethereum's Distinctive Property is Hardness". With zk proofs, anyone will be able to verify Ethereum with a phone. With FOCIL, Ethereum will be the first blockchain to enshrine an anti-censorship rule in its protocol rather than merely incenting censorship-resistance.
You can't be all things to all people. Just because Solana is doing well at some points and has selected radically different tradeoffs, does not mean "well let's jack up the gas limit to the point where all block producers need sophisticated data center setups so we can compete with Solana". You have to gear all your marketing and culture-building around the actual engineering path and tradeoffs that actually have been/are being selected, and play to the strengths of that and be willing to be honest about the tradeoffs and why they are being selected.
In short, ETH goes hard and what is being built is very radical and in some ways paradoxical--a bet that the chain that gives the least fucks about institutions and any particular parochial government will nonetheless be the most attractive for institutions and governments to build on.
I love what I saw tonight from my MSU Spartans men’s basketball team. We beat Kentucky 83-66, another win over a top 25 team following a victory over Arkansas on Nov. 8th. We were 50% from the three point line, hitting 11 total, and the biggest reason we won. Jeremy Fears had 13 assists, Jaxon Kohler scored 20 points, and Kur Teng added 15 points off the bench. @MSU_Basketball
My view remains bullish as the selling pressure over the last 48 hours was primarily a positioning unwind as opposed to a macro inflection point
knowing WHY buying or selling is taking place is critical
we dont have the macro forces to indicate an end in the credit cycle
The dollar debasement narrative is now consensus. Everyone is afraid that cash is trash and they will miss the rally in equities, Bitcoin, or gold.
The problem is that it misunderstands how money actually works
That kind of thinking usually marks market tops 🧵👇
The melt up phase continues
@Globalflows is who you should be following instead of looking at hedge funds
HF shorts are about to get melted up and they will ask themselves what should they chase
Retail is having a magnificent year
How Are Tariffs Impacting Positioning and The Macro Regime 🧵
Is this a one-time volatility spike or the beginning of something larger?
Mapping the macro regime and its connection to tariffs sets the stage for everything moving into the end of the week 👇
Kanpai is charting new waters on @opensea 🌊
We're excited to announce that OpenSea is now the official marketplace for $STRIKE and Kanpai Pandas NFTs!
👇
Been thinking the last few hours, you can’t overstate how much social media has fueled political polarization. Algorithms feed us media/content that causes a reaction. In times like this, I’d like to think there’s more common ground than it seems. The algos are tearing us apart.