Thomas

@thomasoncrypto

149 Following

13 Followers

polynya pfp

Checking in on my final blog post nearly one year on My only regret is it was not alarmist enough, should have gone harder & more brutally honest This was the most hate I've ever received, a little more wouldn't matter Silver lining, the memecoin bubble burst before we got into truly violent territory and someone died (that we're aware of) https://polynya.mirror.xyz/ptscXuh3J3KOj2uJAn0vrEanpn2nauwA7iytYZ4cM9U

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polynya pfp

This is actually happening, potentially before ~2031 that I expected at the time (though still years away). ~Infinite chains, ~infinite composability, ~infinite scalability, all verified on your phone with a single infinitely recursive ZKP - this remains the only way to global scale Of course, in 2025, this is not the bottleneck, this was going to happen anyway. The real focus must be on stimulating demand - Ethereum L2s are barely saturating 3 blobs for 15+ months, and for 3+ years the industry at large is severely oversupplying blockspace, and the gap is ever widening. Building an infinite ocean is useless if you have a swimming pool's water to fill it with. But hey, I've beaten that dead horse for 2-3 years, no one (or very few) cared. https://polynya.medium.com/fanciful-endgame-5e760d427076

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Thomas pfp

@thomasoncrypto

*taps mike* Is this thing still on? (Also how are the bots here these days?)

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Thomas pfp

@thomasoncrypto

Feeling nostalgic 😊 https://archive.devcon.org/archive/watch/?event=devcon-0&event=devcon-1&order=desc&sort=eventId

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Thomas pfp

@thomasoncrypto

I really enjoyed listening to this with @KyleSamani and @GwartyGwart . Almost made a manlet out of me :) Nice to hear a crypto conversation that's not focused on some horrifying misunderstanding of the gold standard ☺️ https://x.com/GwartyGwart/status/1843660550321889683

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Thomas pfp

@thomasoncrypto

We sophisticates might have read A Random Walk Down Wall Street and Bogel. But to most people their investable universe is bank deposits and stonks they see on investment forums. Both of these things are broken now. 2/2

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Thomas pfp

@thomasoncrypto

I think gambling is the most basic financial structure. It converts a small sum into a potential capital purchase, and does so regardless of inflation, and without the need to maintain long-term contracts or records. 1/2

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Thomas pfp

@thomasoncrypto

Great trustlines talk from @aleezagroks 👍 I think we lost our way when this all became about giving people our money, rather let them dream their own. https://ethcc.io/archive/People-Powered-Money-on-the-Trustlines-Network

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Thomas pfp

@thomasoncrypto

Stream of thought: DAOs & AI make animism great again. Most of our ancestors believed that everything was alive to some degree. People talked to trees. They prosecuted on behalf of rivers. Is doing that for a talking car, or a web of co-living spaces, any less weird?

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Thomas pfp

@thomasoncrypto

Average Farcaster follower

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Thomas pfp

@thomasoncrypto

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Jackson Dahl pfp

Curious to check my bias here, as I think I default-assume ~everyone in tech reads Ben Thompson. Perhaps crypto overlap is smaller than I think?

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Thomas pfp

@thomasoncrypto

I do 🙋🏻‍♂️

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Thomas pfp

@thomasoncrypto

I remember Ian Grigg talking about this.

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Benjamin Basche pfp

Benjamin Basche

There was a dead project called Chamapesa in the ICO era that I think was just ahead of its time. We have scaled chains now, stablecoin proliferation, even emerging privacy tech The time has come for more complex economic agents than just the individual The hive mind of hive minds, the social economy

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Benjamin Basche pfp

Benjamin Basche

Social savings groups are an extrmely fertile ground for emancipatory and solidariatic prefigurative political economies https://warpcast.com/basche42/0x0b4e1652

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Benjamin Basche pfp

Benjamin Basche

First /cryptoleft community call next Thursday, September 5th at 10am EST live on Tavern.fm Talking: - The state of crypto and the left - Plans for the channel - Experiments around community funding of creators and projects See you there comrades https://tavern.fm/taverns/N77BL0przPzJkuJ9vYc2

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Thomas pfp

@thomasoncrypto

But we open and clear behaviour is that they get all your data…

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Thomas pfp

@thomasoncrypto

We’ve forgotten we are a culture (or cultures). We think we’re just the base line. Everyone wants to be like us, right?

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Vitalik Buterin pfp

Vitalik Buterin

One meta-note on the situation, is that in my timeline I have seen exactly zero non-western people defending Durov's arrest, but quite a few western people. Definitely don't want to say that they don't exist (after all, my timeline is biased just like anyone's), just this is what my sample is so far. IMO this is another example of the decoupling of liberalism and westernism that https://x.com/MacaesBruno often talks about.

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