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Jay Poe

@jaypoe

72 Following
6 Followers


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Jay Poe
@jaypoe
RIP for those who have spent huge amount of time and energy shilling “web3 social” 🙏
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Jay Poe
@jaypoe
That’s all fine and good. Just remember that ether will not flip bitcoin.
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Jay Poe
@jaypoe
These are rollups, and rollups are not Ethereum. Gnosis is Ethereum. Polygon PoS is Ethereum. Binance Smart Chain is Ethereum. Monad is Ethereum. Ethereum is dead. Long live EVM compatible L1s.
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Jay Poe
@jaypoe
Hey Huang, before this self congratulating, Stage 2 not reached yet Fragmentation still plaguing the whole system Most of assets with high ranking on cmc still reside mostly on L1, and why is that?
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Jay Poe
@jaypoe
Apparently doteths still don’t get why Bitcoin is SoV and ETH is not. Faking it doesn’t make it. Ether is proof of stake based. That is why. https://twitter.com/mikesylphdapps/status/1781516509128319281
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Jay Poe
@jaypoe
If doteths really care about decentralization enabled resilience, deploy more nodes in Russia, Iran, Venezuela, and Cuba. I believe some folks out there are doing it, but it is far far far from being satisfactory. Stay within Uncle Sam's reach at your own peril. You won't be legit enough.
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Jay Poe
@jaypoe
Ethereum is not global. It is mainly distributed in US and Germany, another states subject to long-arm jurisdiction. In other words, super convenient for the US govt to capture. This is a fact. As a doteth, you know this well enough.
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Jay Poe
@jaypoe
Make art that is unique and expressive. Don't make copycat products like Farcaster that end up being a joke.
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Jay Poe
@jaypoe
Web3 social is DOA. Look around you, who are using it? Except those seeking onchain credentials.
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Jay Poe
@jaypoe
Yet the crypto industry desperately seeks to stay in the US. For example, when Uniswap receives the Wells notice, instead of packing up and move out, they appeal to crypto populism and vow to fight SEC in court, which is a hopeless fight, and they know it. Uniswap is the hypocrite here.
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Jay Poe
@jaypoe
Ethereum is a US consortium chain now. Proof of Stake makes it easily seizable by the US govt. It is unworthy of making such manifesto.
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Jay Poe
@jaypoe
Hey, David. Why don't you cross post everything you posted on twitter over here as well? Is it because you can't give up using Twitter but also needs to pretend that you support the false cause that is Web3 social? To fake your love for Farcaster, you will have to post such trivial stuff just to appear active?
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Jay Poe
@jaypoe
Hey, Vitalik. You don't find posting the exact same stuff over here annoying? Or, you do. You find the experience terrible as well. You are just intentionally doing it to live the narrative you and other doteths are trying to sell?
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Jay Poe
@jaypoe
There is no economy here. It is just patreon on chain.
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Jay Poe
@jaypoe
This is bad for both bitcoin and ethereum. Bitcoiners being wrong doesn't make dotETH right. Both projects should strive to scale itself, not just on L2. https://twitter.com/TrustlessState/status/1781769534363271342
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Jay Poe
@jaypoe
The steam seems to have run out, if ETH price is any indicator
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Jay Poe
@jaypoe
And a counterpart for the bitcoin L2 ecosystem
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Jay Poe
@jaypoe
Will FHE save the public mempool? Encryption is the way to go, but doesn't mean it has to be done the way Flashbot did it
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Jay Poe
@jaypoe
Read history and find out that network state isn't new, but have been tried before and has failed repeatedly
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Jay Poe
@jaypoe
Unpopular but true statement: gaming doesn't need blockchain, nor does blockchain needs gaming. Debate me if you disagree
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