Ethereum

Imagine if we hadn’t handed all our cash to the people that won’t hand their cash back to us

Nouns

Holy shite. Nouns governance grew a backbone!

Love to see how economic sustainability finally became a thing.

Farcaster

A lot of chatter recently about Farcaster, marketing and expanding beyond crypto

I have yet to see a crisp definition of:

1. What problem does Farcaster solve for people outside of crypto today?

2. What evidence exists that existing  at-scale free social networks and paid creator tools / platforms are insufficient in serving these people?

3. Assuming this population exists, what channel (i.e. tactics) do you market Farcaster to said people?

I'm not asking for free work, fwiw. It's our job to figure to this out (we don't have an answer for this question ourselves). 

But hiring a "marketing team" when you don't have an answer to this question is not going to solve the problem.

Marketing works great when you have a clear value prop and target market and channel.

This man is so fucking smart.

This is the introspective honesty that is 1 in a million.

Revisiting this post. I now believe this was an overestimate, now that we are demand-limited with clear data for over a year instead of supply-limited like we had been for the first ~15, I have a better understanding of strict global consensus, and fintech continues to progress rapidly, particularly in Asia and Africa.

I still believe demand will grow over time, but the endgame "cliff" for "valuable transactions that need full Ethereum security" will be much lower than I had thought in 2022.

It is important to consider the evidence instead of blind hopium and entitlement as increasing blob supply callously has clear tradeoffs socially, technically and economically that can compromise Ethereum's core values for zero gain.

Needless to say, as usual, I was accused of being too pessimistic in 2022 when in reality even I was being too optimistic. Given prior history, it's likely I'm still too optimistic!

https://polynya.mirror.xyz/gm6bUvvDF-sQAt7HuU6kRKCLIT9tAuaSCxHeNFdDVHk

I have this theory that all these dapps, games, jpegs, chains, bridges, layers we’ve been creating for years now on average merely have the net effect of value flowing towards wallets that are more willing to sell than buy. 

Project this forward in time… if we don’t get a killer app soon, ETHER price tends to zero.

Uniswap

Bitwise Ethereum ETF banner going up outside the iconic facade at the New York Stock Exchange this evening.

One day, $AAPL banner will be displayed outside of @uniswap headquarters.

The largest onchain marketplace. Buy and sell crypto on Ethereum and 11+ other chains.

I don't care too much what happens with ETH price post-ETF. I just care that the world has proven to be more sane because ETH ETFs were allowed to exist by the powers at large.

golf

crypto

Initiating partnerless full-stack confection of a new web3 project that promises to have pmf.

Maybe a co-founder will reach out after MVP.

Stay tuned.

nationalparks

America

Denial is a symptom of senility.

It’s a matter of time.

memecoins

A part of me hopes that the bull market is over just so I don't have to see any more 4-year cycle graphs.

blast-l2

Selling the $BLAST airdrop immediately is the smartest thing I've done in a long time.

Philosophy

Frequency of this is going up:

"I don't get this. I must be stupid", to then later find out said thing blew up and I didn't get it because it actually didn't make sense.

Does this mean I'm getting smarter as I think I'm getting more stupid?

I just shrunk 2 years of Instagram into 2 hours.

Here's how I did it:

1. Didn't open instagram in 2 years, but my friends never knew
2. Friends kept sending me all the best shit they found that I would like over DM
3. Open instagram DMs after 2 years

Building @TemporalDotLive 🤐

degen since 2014.
Prev. @nft_registry. Founder @ThePanamaDAO.
 
Former ios, sat eng, logistics. 

@GeorgiaTech & @mit eecs.

0xDigitalOil

@digitaloil.eth