Chris

@piffie

225 Following

141 Followers

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For years, U.S. crypto policy was defined by regulatory hostility (stonewalled innovation, unclear guidelines, endless litigation). That era is ending. Congress is moving to secure America’s leadership in digital assets. A bipartisan framework is on the table: → Stablecoin regulation that ensures onshore dollar dominance → Clear token issuance rules to protect markets without stifling growth → Stronger safeguards against fraud, laundering, and illicit finance Meanwhile, competitors aren’t waiting. China is scaling its CBDC. Europe has MiCA. If the U.S. lags, it risks losing financial primacy. The window for leadership is now. Congress needs to act.

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“Chris you run a company, how do you find time to trade?” I get asked this question a lot…. The real question is how could I not? Trading has never been just about making money for me (ever since I have been in crypto that is). Tbh it’s an emotional stress test. A game theory experiment in real time. A mirror that forces you to confront your own biases, greed (and fear). Linkedin gurus will tell you about conviction and how important that is. Wrong. Execution matters way more than conviction. Everyone is "bullish" at the top and "cautious" at the bottom. The difference is who actually acts. By the time you understand why a token is pumping, it's already priced in. Constantly watching positioning, liquidity & leverage play out is a thrill only a few dare to seek. Trading keeps my mind sharp. It forces discipline. It rewards being adaptive. Every day, the market asks you one question: Are you right, or are you just a stubborn old man? Answer it right and Voila!

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FTX’s first repayments are here….this is a $1.2B milestone. For some, it’s closure. For others, it’s an insult. Users will get paid based on 2022 bankruptcy prices, not today’s. That means Bitcoin claimants get cashed out at ~$16K (BTC trades near $95K rn) The gap is brutal. For the industry it’s a signal. Crypto survived its longest winter. FTX's collapse defined 2022. Its repayments could define the next wave of liquidity. But will these funds flow back into crypto? Will burned investors stay on the sidelines? Not sure. But I am certain that trust in crypto isn’t restored by repayments. It’s rebuilt by better systems.

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my general frustration summed up is in the lines of too many tokens and too few users. half the protocols exist to farm rewards and its the same with chains. more liquidity wars, fewer real users. if Web3 wants scale, it needs fewer casinos and more use cases people actually need.

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Elon Musk is building AI for the US government. DOGE (Department of Government Efficiency) is developing GSAi (an AI chatbot for the General Services Administration) The goal is ambitious. a) Automate procurement b) Automate contracts c) Automate IT workflows for 12,000+ federal employees. Why does this matter? Musk’s team ditched off-the-shelf models like Gemini to build something more secure. Maybe even faster and tailored. AI coding agents are also in the works. The US is making its bet. Who follows next?

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Finance used to follow a rhythm. Boom, bust, recovery, then repeat. But hyper-liquid markets are making those cycles irrelevant. Look at 2023–2024. No clear bull or bear markets. Just fragmented volatility clusters. A world where capital never resets (just rotates) AI doesn’t wait for cycles. Liquidity migrates instantly. Capital reacts in milliseconds. There’s might not be a "next cycle". Only constant adaptation. Passive investing? Might be dead. Stability? Might be an illusion. The only strategy that survives is active, intelligent capital allocation.

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Liquidity flows where the incentives are. The real prize is paid by trust here. Every protocol needs reliable on-chain reputation. Lending, governance, credit markets—they all fail without a way to verify trustworthiness. Right now, wallets hold assets, but they don’t hold who you are. Imagine an on-chain reputation score as the new stablecoin. Fully transferable, composable, and more valuable than capital itself. The next DeFi supercycle won’t be about yield. I think it will be about credibility as collateral. Who builds it first?

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Silicon valley has rediscovered memecoins. Tech founders are suddenly launching memecoins like it's 2021 again. Venmo’s co-founder launched one. A Vine co-founder joined in. VCs who once dismissed crypto as “too volatile” are now waxing poetic about tokens as “expressions of viewpoints.” The numbers are wild. Memecoin on Solana are hitting $230M market cap in hours (then collapsing below $100M the next day) We all know what happened with $TRUMP & $MELANIA I think this is all about liquidity sloshing between hype cycle. But this an evolution of capital formation or just the latest speculative bubble? History says both. Memes are testing what happens when startups launch tokens before they even have products. Will this last? Probably not in its current form. But underestimating experimentation in crypto has always been a mistake.

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Every major stablecoin is a confidence game: → Fiat-backed (USDC, USDT) Trust in reserves. What happens when access is restricted? → Algorithmic (LUNA/UST) Trust in models. We saw how that ended. → Hybrid (DAI, Frax, GHO) Trust in collateral balancing. The hardest model to scale. MakerDAO pivoted from pure decentralization to RWA-backed reserves. Frax blends collateral with algorithmic controls. GHO is Aave’s attempt to integrate borrowing mechanics. The problem is that no one has cracked true, independent stability yet. Most designs still rely on centralized assets, governance intervention, or market reflexivity. Stablecoins are DeFi’s foundation. If they aren’t robust, nothing built on them is.

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A warm Farcaster welcome to mcsquaredfi!

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Welcome @mcsquaredfi to farcaster - love to see my project grow month by month :-)

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Really interesting that #ethereum and #XRP are growing now strong again. Seems this cycle is not as disruptive as I thought…

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#bitcoin breaks the 90k mark - and#DevCon is celebrating

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#devcon is crazy this year

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I just picked @kevinmfer on Versus! Place a pick on your favorite caster. Guess correctly and win! https://perl.xyz/market/217/play-versus?referral=9YPV7J&playerId=217

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As we grow, always try to improve the quality - and transparency - we'll now work on having weekly releases for our community so you can see the progress. If you guys have feedback or ideas, always happy to hear them.

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/bunnybase claim

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Hey guys! What’s the biggest launchpad on base? Should we get another tier1 launchpad to move?

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What’s a great message that users should sign when connecting with their wallet to your dapp? Any clever ideas?

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So interesting - just launched a week ago, users now created 300 strategies and my todo list fully changed - so many small things are only visible when you work with real users - love it! 🥰

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