kia
@kia
there is a tragic misunderstanding of the concept of money in the Ethereum narrative money is the game of *liquidity and faith* tell whatever story suits your faith (security, PoW, shiny object, sea shell, bats, croissants) but don't you dare ignore liquidity it's dead simple ETH is money because it's the quote currency on the AMMs if the Ethereum economy grows, more and more Ether will be required to provide liquidity - security is a means not an end - unit of account and store of value are downstream of medium of exchange - dot eths handed over the narrative to justin and he just shows zero understanding/interest in money's most important quality (MoX) bats and croissants ain't it G https://x.com/drakefjustin/status/1887108667675124174
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kia
@kia
$150 USDC to anyone that creates the following Dune graphs 1. amount of ETH in liquidity pools across all L2s and L1 against price of ETH 2. amount of SOL in liquidity pools against price of SOL @bountybot
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Chase Sommer
@chasesommer.eth
can't tell if you deleted bounty cast or bug, but @anonpapi.eth might be interested or might know some other data nerds out there
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↑langchain 🎩
@langchain
Also, it has access to credit. Many will accept ETH as collateral and provide you further liquidity. Many in crypto do not understand the importance of liquidity (spot) and credit.
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Garrett
@garrett
🎯 liquidity is king
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