Pinned
Sharing my thoughts so far here as I'm currently going through the Orbital paper:
- Would it be reasonable to assume we just have a single large orbital pool for all USD stable pairs?
- Still somewhat confused with this measure of efficiency. Maybe I missed this particular equation. In practice efficiency is usually ...
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Remember when I said Paypal was larping in crypto?
x.com/davidmarcus/...
farcaster.xyz/monteluna/0x...
David Marcus
@davidmarcus
4d
A few thoughts about PayPal, nearly 12 years after I left.
I woke up this morning to dozens of messages from former PayPal colleagues. It pushed me to finally speak up.
I never spoke publicly about the company after I left. Part of that was loyalty to John Donahoe, who gave me
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I have much to say about this after working with multiple startups.
Founders: if you're raising more than $3M please allocate some funding to therapy for yourself and your C-level executives.
I can pretty much spot exactly the trauma of a founder by how they build their company culture and organization structures. It...
I don’t understand founders who make it their life mission to prove a point to the VCs that rejected them.
The better move is to focus on getting traction, building the product, and sharing progress with those VCs over time.
Most deals don’t happen on the first try. Founders who understand this usually end up getting
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Physics lesson in there:
On memecoins (some observations)
+ new memecoins are default-walking-dead
+ they function as lottery tickets for buyers
+ mass-culture acknowledgement = hitting the lottery
+ the lottery ticket does not expire until dev says so
+ devs make diminishing returns on unexpired tickets
+ devs spend reputation on each n
Reason number 3945 why I believe building in crypto isn't even worth it anymore.
Bruh they laid off Tay.
Tay 💖
@tayvano_
2d
Well I just learned the MetaMask offboarding process is the most MetaMask thing in the entire world 😅
I’m so sorry to everyone I was mid-convo with
Also, I’m not going anywhere
From now, I will just scream FUCKIN’ METAMASK with you. Instead of defending the indefensible. 💖 https://t.co/5I29z3BFbn
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Emporer has no clothes moment. 🤷
miya
@MiyaHedge
3d
Crypto as we know it is over.
It's time to look at the abyss and stop acting like this industry will in any way recover if the leaders continue to act like everything is fine and the 50th perps DEX will solve this.
The Death of the Crypto VC sector is slowly unfolding during https://t.co/HznMACqOvH
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The sad part is they didn't even rape the industry this cycle.
Thry flamed out so fast most lost money in opportunity cost except for an extremely lucky few.
I know that crypto has the memory of a goldfish but for the love of god when the rats that are leaving crypto this time return when things are good again, tell them to eat shit instead of listening to them.
They're not geniuses. They got lucky and it inflated their egos and they started funds for projects that fit the
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Much capital and public perception was destroyed from copypasta projects raising funds and either making vaporware, or delivering on a product the market didn't need.
vitalik.eth
@VitalikButerin
3d
Have been following reactions to what I said about L2s about 1.5 days ago.
One important thing that I believe is: "make yet another EVM chain and add an optimistic bridge to Ethereum with a 1 week delay" is to infra what forking Compound is to governance - something we've done
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People 5 months ago were claiming criticism of their grifting and short term strategy were in bad faith. These are the same people who thought they lived in the high temple of Bay Area and NYC cabal supremacy and wouldn't give you the time of day, yet they wanted you to buy their tokens and make them rich.
They claim ...
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People should not be celebrating this nonsense, and usually TV shows of an industry that highlight it's ridiculousness in a comedic or tragedy sense means the public knows it's in a decline since the same public knows it's pathetic.
Seinfeld. (1990s lower middle class city living)
Ally McBeal. (2000s M&A law)
Sil...
I have seen people shilling industry, saying it is better than billions. Watched 3 episodes and find this to be absurd.
Billions is a celebration of markets and why they are cool. There a cringe moments but it is a good look.
Industry is a soap opera about the lifestyle of IB, which is not cool at all. And who is th
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