crypto
Discussions about crypto generally, from its use and tech to its culture and philosophy. Spammy talk about price, charts, gambling, etc. seriously discouraged.
Kazani pfp

@kazani

Crypto is Just Going Through a Maturation Phase, Not Dying - Ansem He explained current issues with sentiment around crypto are due to the largest coins not doing well, BTC suffering from Saylor-driven ponzification and quantum concerns, $ETH outcompeted and losing revenue to rollups, not a sign the industry is dying. Stablecoins, perps, & tokenization as themes will continue to proliferate throughout the global economy, and there will be many successful crypto startups that do well, He argues that improved regulation, AI agent adoption of stablecoin rails, and open-source AI enabling smaller teams to build more, will bring about more crypto experimentation. Source: https://x.com/blknoiz06/status/2063691602166427964
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Monteluna pfp

@monteluna

We are very close to the bottom. The bottom is when people lost so much money, they are exhausted and don't give a shit anymore. CT will have the lowest engagement, no one will be tweeting or doing anything, and you yourself will stop checking in on socials and prices.
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Eddyonsol pfp

@eljuniordiaz.eth

I’m tired boss 😮‍💨 been in crypto since 2023 and never saw a bloodbath like this myself.. 🤕
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Darryl Yeo 🛠️ pfp

@darrylyeo

No takers for a free crypto conference ticket? Guess we truly have hit peak bear market vibes 😅
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Monteluna pfp

@monteluna

If it's being promoted to you by already rich guys, it's a scam. https://x.com/bergealex4/status/2062849197699969061?s=20
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Monteluna pfp

@monteluna

What I'm waking up to: - Cardano's biggest shiller and Ethereum hater Charles with millions of followers basically saying this shit is fubar and he has no idea how to fix it. I mean you sold all this nonsense about Haskell and got armies of people to follow you against Ethreum, claimed DeFi was stupid, pivoted to DeFi anyway, and now you're 5 years late and the only users of the chain are just buying and selling ADA. - Zcash after being shilled by the KOL cabal actually had a backdoor where it could print infinite money, but because it was shielded no one could actually verify it wasn't inflating. Yeah, it's just a coincidence *wink*. AI caught this despite "audits". - Someone on Farcaster is begging to sell conference tickets. We're at the stage of the market where going to conferences isn't even worth anything, and nobody is buying that shit big dawg. Crypto has exhausted the market with countless scams, bullshit AI wrapper products, and copies on top of copies. The good times were back in 2020 when people were building things that were new and actually useful. At the moment, it's just AI slop, memecoins, and nepo baby virtual golf memberships like Network School. The people here are mostly using AI to build a clone of a clone of a product with 15 different competitors, and grifting their way to an exit at some corpo "blockchain fintech". You'll almost never see a new product category with people using AI correctly, and all those products are losing money drowning in a sea of noise until an inevitable company winddown or acquihire. Also, if you buy their tokens or invest in those companies, you get $0 when that happens. The reality is crypto is mostly uninvestable at this point. The leadership is dusted. The users are dumb and broke chasing the next scam. The technology is useless with zero market demand, even if it does work. Thanks for playing.
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ayomide.eth pfp

@ayomide.eth

Big news from the work place today. https://x.com/aptos/status/2062523749317153255?s=46
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FeMMie pfp

@femmie

so many ways to make money in this world and my dumbass picked memecoins.
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FeMMie pfp

@femmie

the trenches are either close to a bottom or have bottomed.
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Erik pfp

@eriks

anyone following the privacy convo and/or using the tech? the 4 that are top of mind: zcash, venice ai, near intents, railgun it took me a long time to get on the privacy train, not bc i was against it, but bc i just didn’t hear about it much until last yr around october of last yr zcash had its initial run up and it caught my attention, so i started to read and listen, which led to forming my own thesis and conviction, bought a material amount of zec in oct to have skin in the game in nov/dec i started seeing the power of near intents when swapping from and to zec in the zashi wallet (now called zodl). when using shielded zcash pools u can swap to other chains and assets while maintaining privacy when u hold zcash in a shielded pool, let it rest, and then pay w it later or move it to another asset or even exchange breaks the chain of anyone trying to surveil or obtain your onchain transaction flows, so my mind goes to - i don’t need everyone knowing every trade i place, my net worth, where i spend or gift my money, etc. there are many entities/businesses that have incentive to track this, and this will increase as more finance moves onchain. tracking it will continue to get easier too in a world where ai will be able to easily connect the dots. i just don’t need everyone knowing my full financial history, privacy is a human right even when you aren’t doing anything wrong satoshi and hal finney (RIP) both publicly stated they wanted better privacy in bitcoin, but zero knowledge tech wasn’t ready when bitcoin launched zcash has essentially become the first privacy centric digital asset, guaranteed if you want it, yet optional if you don’t, and it’s team is a group of brilliant cryptographers that are now tackling quantum threats and will likely have them solved in just months, whereas bitcoin it remains questionable if they’ll be solved at all. the zcash token now has 10 yrs of track record, and mimics bitcoin’s supply curve too as for venice, an ai interface that doesn’t save all your prompts, uploads, etc and use them for their own data collection and capitalistic endeavors, and on top of that vencie lets you use nearly any model u want (gpt, claude, grok, etc etc). i think this one is pretty self explanatory, ppl are putting sensitive info into llms, venice protects you from the companies behind the llms having access to it. i invested in vvv in february after using the interface and the token design is interesting too in terms of how value accrues. essentially you’re getting buy backs from usage, and a future of compute. railgun im still learning about, but i know it’s a leader when it comes to implementing privacy across the evm, vitalik has mentioned it numerous times now, i invested in this last october alongside zec i don’t see the privacy push going away, it naturally makes sense in today’s world and the future - surveillance and data gathering is easier than ever. i’ll definitely continue to read and learn about the happenings here, also would be down to get a fc group going of ppl who are seriously looking into it and using the tools, might be helpful to share different tech we’re using also would love to hear how farcaster is leaning into privacy features at the protocol level, is there any docs/convos that point to this?
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Erik pfp

@eriks

with “mainstream” capital allocation comes more understanding (and scrutiny) of how tokens accrue value and what ownership rights they provide we’re moving out of the stage where everything goes up or down together unless triggered by a macro event, this is a good thing 🌱
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juxton 🍺 pfp

@juxton.eth

The rug pulls will continue until attention span improves
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Monteluna pfp

@monteluna

lmao Base is never getting a token homie https://www.cnbc.com/2026/05/11/circle-closes-222-million-from-blackrock-apollo-for-arc-blockchain.html
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Praetor pfp

@fourvork

I'm doing a little research on complex networks that move money (swift, international payments, cross-bank settlements) and I realize how small the fraction of people is who really understand what the money we use actually is. and some folks say "crypto is too complex for regular people. bro regular digital "money" is complex too, nobody knows how it works, yet nobody questions it, and uses it. Crypto just needs better UX.
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Monteluna pfp

@monteluna

Wake the fuck up people
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