Locus Walker @LocusWalker
Joined January 2019-
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Last time I got similiar vibes I get reading this was SBF posts just before FTX imploded.
1/2 Thanks Gavin for an especially thoughtful exchange. I don't usually spend much time on social media but I wanted to engage here because it really brings out the heart of an important conversation. First, on regulation, I think that “either concentrate it in the hands of a
@ahjkljl @JohnF_Sullivan Nah man, don't conflate anglo-world with the west. European, especially the countries who once were the Roman Empire, have huge respect for China and it's millenary culture. It's the anglo who can't accept they're not the superior ones.
@simpelyfe Fakeout above 2k then straight below 1.3k to mind-fuck people
@Cryptadamist It's a historically huge hornet' nest the one Trump is sitting on rn.
Drones on Libya now. They're really trying to fuck all the region, aren't they?
Libya’s NOC declares a state of maximum emergency in Zawiya following repeated drone attacks on oil facilities, including the Zawiya Refinery and Brega storage tanks. The latest attack caused a major fire and the collapse of a tank holding 4.5 million liters of gasoline. #libya
@Cryptadamist Issue is the incentive self-loop this cause. Let's assume Trump admit defeat, what then? Why should they not do this periodically just to remember the rest of the world? But this then make gulf countries look for more "security" cause they'd never bend the knee. Rinse and repeat
@jumperlob @crainbf Have you missed how eth isn't btc? That's the entire premise from shitting to PoS from PoW for god' sake
@jmiehau @RhettShipp So the alternative is to just rug any validator too poor to keep running validators? Lmao
@dapplion @peter_szilagyi Wtf have I just read?
@lassejaco @0x_Abdul So is EF going all the arguments sponsored by the foundation itself before the merge? Nice!
This argument was talked quite a lot after mainnet launch as staking talking began by Vitalik himself. Related to this there's the security thing. ETH inflation curve was designed to prevent any actor with deep-enough pockets to corner the network.
Detachment the EF suffer from the product it's "mantaining" should be properly studied. Framing the naked ETH holders as victmis of stakers is blatant proof. The inflation they suffer is literally the cost they incur to avoid suffering slashing whenever a backstop-moment happen.
Why it matters (part 2)? ETH is money. 💰 Ever-growing issuance is a dilution tax on every holder: stake, or be diluted. At high ratios, LSTs and other staking derivatives displace raw ETH as the ecosystem's working money thus swapping the most neutral, trustless asset for
@yc989 In Affleck context it's more related to the Hellenic' concept of catharsys.
@yc989 Kind of. I wouldn't conflate Judeo and Christian conception of suffering because they're really different at core level. Judeo tradition sees suffering as a punishment inflicted by God and/or a test from God while Christian is more about spiritual redemption.
@a_libutti Not like I want to support the government etc. but this is a bad-faith take. The issue here is how Spain was slow as hell to defend it's own border integrity from what's a tout-court incursion from abroad. Pair it with Sanchez&Co attitude regarding the immigration drama then.
@yc989 Dario should just retire and gtfo
Where are all the haters now who were bashing on those telling people to pay attention to Altura? Altura had full backing at all times, maybe. Lot of people created FUD, started harassing founder so much that founder decided to post sus screenshots from banking app.
Where are all the haters now who were bashing on Altura? Altura had full backing at all times. A lot of people created FUD, started harassing founder so much that founder decided to shut all operations and wind down the whole protocol. It was an RWA strategy which takes time to
Most people don't realize how bullish the Uni fee switch for @aerodrome. Just before they go live abroad the entire EVM.
The fee switch is live on all UniV4 pools. LPs now pay a 10-25% of fee revenues to the protocol. I'll keep being an LP, but providing liquidity as usual structurally can't work TBH. HMU if you're affected. Panoptic has plenty of on/offchain tools to reduce expected losses.
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