Replying to @tarunchitra If you look on-chain, Alameda paid back it’s DeFi loans way before it covered anything in CeFi (because they couldn’t say, “trust me bro, don’t liquidate me” to a smart contract) — if you can’t see how this is the future of avoiding calamities, I don’t know what to say
Amazingly, Heather Morgan gave a talk at NYC Salon (an event I used to run with @ruthienachmany ) in 2019 Here's her talk:
I know this is a midtwit take, but it is sad on a philosophical level to see $APE flip $ATOM
Today I met a fund manager of a ~$100m new crypto fund who thought xNFT and @NFTX_ were the same thing and realized afterwards that he invested in the wrong thing Seems like there are still new, unsophisticated entrants entering the market 😂
Conservation Law of Erics in ETH: ETH loses one Eric and immediately gains another
Three items are behind a wall and a solver is going to get one of them for you Do you get a goat or a car, anon? @malleshpai , @ks_kulk , @theo_diamandis and I show you that if solvers have to do more work to deliver the item to you, they're not going to show up to the auction
“Why are you becoming the @mert of DeSci?" I don't like scams that pretend to reform a broken system yet are really memecoins for bio grad students trying to get crypto rich people to fund things with 0 accountability I also worked in things these clowns claim to do 🤡
OH: “Stepn is literally a Ponzi scheme, except with extra steps”
If you hate VCs because they take too much and Hyperliquid was a panacea You will hate VCs more when they tell you they shilled DeSci scams which are no more than insider scams with no intention to do real science Please hate these assholes who can’t pass high school biology
OH: “Dubai is the settlement layer for scammers and Switzerland is the execution layer”
