1/ The BlackRock ETF is the pipe that has connected an infinite supply of dollars to Bitcoin, a finite asset.
Think about what that means
Their next move connects that infinite supply of dollars into Ethereum, which is itself the collateral for onchain finance.
gm,
Thrilled to announce we are seeking expressions of interest to get involved with Upside's web3 ecosystem.
We've got some things cooking up and want you to let us know what interests you ✅
Please take a look at the form and spread the word 🙏
https://t.co/61kVygcfAh
Watching the market commentary reveals widespread lack of understanding of how bankruns / stablecoin reserves work.
Comically, there are 3 camps
(Absolutely full respect to everyone engaging in the conversation & wishing everyone safety)
Wow.
SVB Bank has gone under
(Not a crypto bank)
This is a reminder that Bitcoin was invented out of frustration that economic crises inevitably take out over leveraged banks, wiping out depositors.
and bailouts leave the public holding the bag - there is no good solution
Super excited to publicly announce the formation of @0xUpside. Upside DAO is a Founder’s DAO consisting of the most successful 🇦🇺 gen 1 Web 3 entrepreneurs. This amazing group of people will help accelerate the next gen of crypto founders.
🧵Upside are proud to be backing @prepo_io. Here is why we love what @XavierEkkel and the prePO DAO are doing.
TLDR; This is a bet on talented people, solving the well documented problem of financial exclusion, through the proven DeFi category of synthetic derivatives
Apes, We’ve hit the 1M follower milestone!🎉🥳🍌Join our Twitter Space tomorrow at 9pm ET to celebrate all that has been BAYC over the past year and a half with our co-hosts @illaDaProducer and @TheMiamiApe. Come hang in this celebratory community chat. https://t.co/L1fdPhCODH
$LUNA supply is unlimited guys. It will trend asymptotically towards 0 but never hit 0
$100, $10, $1, $0.10, $0.01, $0.001, $0.0001 and so on, until the peg is regained or liquidity is 0.
Don’t buy at $0.01 thinking it will go back to $10. You’re getting hyperinflated
95% of the token supply is minted post-crash
If you owned 100% of LUNA supply 3 days ago, you now own like less than 5% of it.
Tomorrow it could be 0.05%.
Hard to rebuild if the team doesn’t even own the network anymore.
Be safe
Etheria is unifying. v0.9 and v1.0 (the first NFT smart contracts in human history) are wrappable and being airdropped (with caveats) to the corresponding v1.2 holders. Welcome, v1.1!
Wrapping and distribution will be an ongoing manual process for a while. Please be patient.