united is another word for centralized
centralized because of mismanaged risk
we cannot afford this two-tier compromise
LST should be weak collateral for borrowing ETH
if ecosystem can't handle risky debt, there's no real growth
no real growth, no legitimate backing for network security
believe in something
4
everyone is chasing status, but nobody will have status
boomers would freeze us in carbonite to keep their status
sociopaths would make us defenseless to usurp our status
tyrants would enslave all minds to force their false status
idiots would hinder excellence for any pretense of status
this is retarded
1
nothing says shot caller in the gulag
like pressuring everyone to consent to their own destruction
"can't be good person if you're not a unconditional optimist"
realists cannot coexist with a majority of this mentality
they will make their sentiment into your problem
Jeremiah Johnson 🌐
@JeremiahDJohns
18h
Vladimir Lenin was a murderous psychopath. It is a profound moral failure to categorize him any other way. Some of his greatest hits include:
* Creation of a dictatorship where it was illegal to disagree with the tyrant in charge
* Complete suppression of the press
* Innovating
2
why does anon act oneshotted by politics
SBA now referring 562k borrowers to collect 22 billy on fraudulent pandemic loans
Japan only has few thousand homeless because they enforce rules
when you peel back the wallpaper, bad results have predictable cause
like regressive weasels spreading FUD in a rival country
Ethan Mollick
@emollick
20h
Your personal feelings about the competency of government does not change the fact that government is the only entity (and the only one that can claim to represent the will of the people) that can actively shape the response to ever more powerful AI systems, for better or worse.
4
champagne socialists aren't serious
wow, dissolving USAID reveals leadership profiting off nonprofit scams
wow, indicting SPLC reveals espionage manufacturing optics for fundraising
next up, public unions and cordycepted corposlop
so much for OSINT, such little time
4
comedically flimsy semantics
there is a recovery from a captive audience
if you can't be principled enough for this sincerity
why did you join crypto?
to live off exit liquidity like the EF?
4
crypto has a cannibal problem
sales joined preexisting permission structure that derogates the public as livestock
cabal wants devrel smart enough to build into a MLM but dumb/unscrupulous enough to not realize their perfidy.
crypto needs missionaries for public market, but flexes sinecured conference of fixers.
1
the money may be dull, but the commons is complete shit
remember when Rari protocol was hacked on reentrancy
play stupid games, win stupid prizes, and total collapse
Aave is a europooor darling that accepted rsETH collateral
message received is OG cabal is too insider to fail
"make communism great again"
5
this is what communism and socialism is
heads, we get what we want, tails, you get nothing
overgrown petulant children with collective entitlement to other people's captive labor and wealth
this works more when there's surveillance and social credit
excuses for rationing and punishing any escaped production
Destiny | Steven Bonnell II
@TheOmniLiberal
1d
Why is someone suffering from a rare cancer needing an experimental liver transplant an example of insurance companies being “greedy”??? Do you think there is ANY medical system on earth that simply covers every single theoretical treatment for every single disease, no matter the
1
whole lotta words for friend/enemy distinction
how embarrassing that this crisis is being sugarcoated
with cope like SC enforcers and FDIC-style bailout
active measures like weaponizing memecoins for psyops
ethereum cabal thinks they can play games with public
socializing cost of restaking ponzi risk
just own it
2
ethereum gets credit for being clever
go around casting FUD about security budget and boiling the ocean
the purpose, by the results, is stakeholder tradfi
does foundation expense operations in eth, or offramp?
but the consensus is the opposite, running validator is costly in many ways
check l2beat for stage 2
bartek.eth
@bkiepuszewski
2d
I have personally had my bank accounts frozen a few times. On one occasion permanently. No reason was stated, they just pointed ToS clause which allowed them to close my account unilaterally "with no reason".
Drawing parallels to TradFi after kelpDAO Arbitrum hack fund seizure
1
Bitcoin is simple market of energy captured by belief
Ethereum is a complex market of beliefs captured by wealth
if there is no measure of real value, like retention
if there's so much hidden risk
if the revenue is rentseeking belief
Ethereum is Bitcoin, but worse across every principle that matters in history
2
this must go so hard when you're used to a free ride
how much does oil & gas have to invest to extract?
beyond 60 billion of infrastructure, value added to economy is 70 billion
coal in west virginia is 21 billion of value added
but illiterates will lean on sentimental arguments of neverending externalities
Louisiana produces so much natural wealth from resources(Oil,LNG) on top of our agricultural output. Gives out 45-75 billion dollars in subsidies( they are giving them to Data centers too)
But also
Almost 19% of the state is below the poverty line
Is the 5th highest cancer rate in America( thanks to goverment subsidiz
do people realize that kelpdao restaking is ponzinomics?
kelpdao used layerzero for eigenlayer, the yield is the risk
arbitraging mainnet security with very weak 1-of-1 DVN
chasing that yield is taking bigger risk
"security council" is basically shadow FinCEN
a bailout is a bailout, for any ponzi scheme
1