but Warren defends the Fed’s independence when Trump threatens it—but slams it when it clears Wells Fargo after 7 years, 20K pages of docs, & third-party audits. This isn’t about oversight. It’s about keeping her name in the headline.
@jimcramer@salesforce could’ve educated shareholders/investors just how bad state of user data really is at most orgs. good data sanitation is essential for efficient AI training to maximize productivity gains. probably why they acquired @Informatica 🤷🏻♂️
Hey y'all,
We all ignored the huge red flags associated with SBF because "he looked smart" and "he made a lot of money." Then it turned out that he was dumb as rocks, was a sociopath, and was just stealing our money.
The next cycle is going to be even more noisy, with even worse behavior. It has become really easy to launch a trash L2, and it's fairly easy to do that trick, perfected by a certain chain that reorgs every other day, where you find someone who is actually doing real work and you parrot what they say, while angling for a photo op with Vitalik. So we need to be extra vigilant about the red flags that characterize trash L2s:
* Project narrative does not match project tech. E.g. centralized sequencers and layer-2s that lack fraud proofs are trash that is at odds with crypto.
* Projects that sell tokens now in order to raise money to do the work that will lead to some other technology later. Third prong of the Howey test has something to say about this, and it starts with S and continues with ecurity Offering.
* Founders dumping personal tokens pre-launch. Teams should be locked up. 8-figure sales pre-launch in order to "thank the staff" are about as OK as SBF stealing everyone's money because he's an "effective altruist."
* Very low float tokens. SBF played this game of manipulating low-float token valuations and borrowing against them. Enough said.
* Founders complaining that they are running out of cocaine. I'm no moral police, but come on.
So how does one cut through the noise? There is a simple test. Crypto has just a few real blockers at any given time. For instance, in the last cycle, scalability and performance were the outstanding problems and Avalanche and Solana provided two approaches to tackle them. These days, I believe the blockers have to do with supporting multiple use cases on the same platform and integrating with TradFi -- but I might be wrong and others might have their own ideas of what blocks adoption by the next billion people.
Whatever these blockers are, say them out loud and ask: "Does this person bring something truly game changing to the table to address the biggest issues facing crypto right now? Would I invite this person to my family dinner and would they be able to explain why they are uniquely positioned to solve it?"
For the trash L2 game is trivially easy, and we just might be looking at a bunch of new sociopaths lining up to fill the void SBF left behind.
@ToolboxProApp great! i had found a couple of posts on reddit but they were all 100+ days old and thought fix was released. have a blast though! thanks!!
@ToolboxProApp Hi-i just started using the pro version your app-which is awesome-however i'm unable to run any of the actions involving Apple Music. I'm getting a 401 auth error. I've tried to remove both apps and even signed out/in of iCloud on one device and no luck. Advice? ty
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Happy new year and happy day eight of #12DaysofEmpathy! We're carrying this thought from Neil Gaiman (@neilhimself) close to our hearts in 2019. It's taken from his lovely 2013 lecture on libraries, reading and daydreaming – you can read it here: bit.ly/21aV9cW
President Trump directly accused Hillary Clinton of engaging in a conspiracy with Russia to affect the 2016 election during a rally in Pennsylvania. nbcnews.to/2CCoYBo
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