thomas

Hopefully, the past 24 hours in crypto will motivate a flight to quality.

This industry doesn’t need the long tail of griftcoins; just a handful of blue chips with utility. It doesn’t need shady CEXes and DEXes that fold under stress; only credible players that have shown Lindyness. And it certainly doesn’t need zero-sum PvP games, but instead positive-sum attitudes toward building responsibly.

I see a silver lining to this flash crash, in the form of garbage collection. I low-key wish the altcoin market doesn’t recover and that we can move on without it.

May we come out of this with more computer and less casino

Aviator, diver, Etherean, nexialist, PhD in aviation and climate science, host of /diving /ethfinance /forteantimes /geopolitics /science /singapore /thomas

Ethereum

This is why cycles repeat themselves.

Violent delights beget violent ends.
Violent ends beget cautious minds.
Cautious minds beget gentle times.
Gentle times beget violent delights.