Gm
26.02.2025 12:36
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Gm
Market keeps dip dipping stack up your bags on those long term conviction plays. This bleed out could last a little while longer.
#altseason #crypto #blockchain
There is perhaps an analogy with weed here. Ten years ago, to many weed represented freedom, and rebellion against sclerotic old order that denied self-sovereignty over our bodies. Then, weed became legalized, and "official". On that day, I remember my personal interest in weed dropping by > 2x overnight. And since then, public discourse is moving toward a balanced view of weed: it is much less harmful than alcohol and smoking, and has valuable medical uses, but it is also far from harmless, especially in its modern corporate hyper-optimized versions. Crypto finance is similar. In the old order, @GaryGensler created a regime where tokens that give investors clear indication of what their rights are and where their revenue comes from is a "security", but obfuscated "governance tokens" are potentially in the clear. This was a perverse distortion of incentives, and it is a key reason why @GaryGensler must never be christened as a hero, even among crypto skeptics. Everything that happened in crypto was in part a response, part compliance part rebellion, to these pressures. Over the last year, we have been entering a new order. Now, the most powerful people in the world are cheering on the idea of anyone creating tokens for anything, at any scale.
And so now is the time to talk about the difference between sugar-high short-term fun that is unwise to recommend to newbies, and long-term fulfillment and wealth-building. It is not about "fun is bad", it is about the equivalent of modern hyperaddictive cellphone games, versus chess or World of Warcraft. Now is the time to talk about the fact that large-scale political coins cross a further line: they are not just sources of fun, whose harm is at most contained to mistakes made by voluntary participants, they are vehicles for unlimited political bribery, including from foreign nation states. This is in a sense the essence of d/acc: the goal is not to indiscriminately accelerate everything, including superintelligent AI and fentanyl, the goal is to selectively accelerate defense so that it can keep up with offense. Sometimes, that defense is a matter of cultivating our own sense of virtue. Sometimes, that defense is a matter of creating better alternatives. In defi, we are already starting to see a return toward honest token-based fundraising that gives users clear understanding of what they are buying, bringing us the best of pre-2020-era ICOs while addressing their downsides. The @infinex_app patron sale, and the @Truemarketsorg NFT sale, are two examples of this, and I personally know of other examples that are soon to come. There is a bright future of capital allocation mechanisms that can be built. Potentially, we can come up with ways to ensure alignment with community wishes as well as safeguarding important values like privacy, security, open standards and open source, that could be part of the incentive structure itself. Acceleration is coming either way; it is our task to choose the brightest possible vector.
Reposting a large post from the other app.
The risk of politician coins comes from the fact that they are such a perfect bribery vehicle. If a politician issues a coin, you do not even need to send *them* any coins to give them money. Instead, you just buy and hold the coin, and this increases the value of their holdings passively. Furthermore, there is deniability: holding the coin is, in terms of financial effect, a linear combination of donating to the issuer and gambling. Hence you can have the intention of doing the former but when challenged claim that you are doing the latter. You can even hold the coin privately, and show that you are holding it to whoever you need to show; you do not need any zero knowledge proofs, you just send a test transaction. This is all risky to democracy, for reasons very similar to what I wrote in https://vitalik.eth.limo/general/2021/08/16/voting3.html , https://vitalik.eth.limo/general/2020/09/11/coordination.html and elsewhere. TLDR: the economic arguments for why markets are so great for "regular" goods and services do not extend to "markets for political influence". I recommend politicians do not go down this path.
On the risks of politician coins:
Before the fomo hits and everyone starts rushing to get into crypto trading here is a few tips to get u going.
#crypto #blockchain #cryptotrading
glasslane.io/articles-and...
Momentum starting to pick up in the crypto market. Btc crosses 100k now we looking at our alts like
#altseason #bitcoin #btc #alts
Learning about crypto and blockchain is the first step in getting ahead.
#crypto #blockchain #fintech
glasslane.io/articles-and...
Some of the hard lessons you learn in crypto is repositioning. Take some profits and get into the dip on some of those alts u been eyeing.
#blockchain #crypto #buythedip
Must be expecting something good
Why are crypto markets hurting at the moment?
Well funny enough it's due to good economic data, making risk assets less attractive.
The more you know...
#altcoins #btc #bitcoin #crypto #ratecut2025
www.linkedin.com/posts/glass-...
MicroStrategy scooped another 1,070 BTC for $101M at $94K each—now flexing 447,470 BTC.
Their stash is worth $44B, with an average buy-in of $62.5K per coin.
Saylor’s crew has spent $18B on BTC in 9 weeks, stacking while others lag
Source: TheBlock
#bitcoin #MSTR #btc #blockchain
Japanese banks are incorporating XRP into their operations.
#XRP enhances their foreign exchange and cross-border payment processes, resulting in improved efficiency & quicker service for customers, minimizing the waiting times for transactions that typically take several days.
#blovkchaun
Thinking I will write a white paper for Fiat Coin.
Fiat Coin would feature:
- Centralized control by the Fed = no decentralization
- Unlimited supply = inflation risk
Lack of transparency in monetary policy
- Vulnerable to government manipulation
- No privacy features
- Slow & expensive
#crypto
HAPPY NEW YEAR!! Wishing everybody an amazing 2025.
Very interesting sounds like you have done your research on this. I am for true decentralisation and I would hope that the whitelist cannot be so easily censored. However in blockchain it is always wiser not to trust but to verify.
This is interesting but if I may ask help me make the connection as to why this makes it not decentralized. Is it the concentration or whitewashing of the nodes that's the problem or is it the actual technology that is the issue. Lol asking for a friend
AI agents like #Eliza and #ai16z are cutting-edge tools revolutionizing how we interact with #blockchain technology, offering automated trading, personalized assistance, and seamless DeFi management.
Read more on how blockchainai could be the next big opportunity.
www.linkedin.com/pulse/next-n...
Not sure I am ready to count #xrp out, the tech behind it is actually very good, and while have had a lot of court room time. In a strange way it kinda helped get it closer to being a household name
Common sense regulation is crucial for the industry to grow and innovate.
Aaaah yes let's have a look at Japan which held this stance until they decided to inject billions of dollars into an industry they openly say they dropped the ball and drove out of their own country.
Biden’s Crypto Tax Rule's are not the reason the dems lost.
But being this out of touch just shows way too many people where your priorities are and the people don't like it.
And that's how you lose an election.
cryptonews.net/30293124/?ut...
#defi #crypto #blockchain #politics #irs #stablecoin
This group is ever growing with tonnes of innovation on blockchains like #solana #sui #inj and on and on
Gm #bsky gm #degens
Not too bad the dips have been giving some nice discounts for my favourite projects
Congrats
Merry Christmas 🤶 hope everyone is having a wonderful day and lots of love from fam and friends
True story king
If you are sad that you didn't get a lambo for Christmas this year just remember you bought bitcoin under 6 figures. Shout out to the #Hodlers who bought at 60 went down to under 20 and held till 100k 🫡 you earned this one.
#btc #bitcoin #crypto #lambo #Christmas
According to Palihapitiya, #SpaceX collects payments from all customers of #Starlink in “long-tail countries,” and converts them to stablecoins.
#blockchain #stablecoins #crypto #defi
