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ruhum

@ruhum

152 Following
406 Followers
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@ruhum
The 10% base tariff was kept in place in spite of the 90 day pause. Could the idea be generating revenue to help with the current debt crisis? US imported $3.3 trillion worth of goods. With a tax of 10% that would be $330 billion. A quite significant amount. Obviously this doesn’t take into account the decrease of imports because of the tariffs.
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https://youtu.be/P0O64_xYycA?feature=shared
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Bringing your supply chain to the US will take longer than the time trump will be in office. All the companies who are able to weather the storm will simply tough it out. The rest will die. It’s not the tariffs themselves that will have an impact but the second order effects. In the new world we have a full blown trade war between the two biggest nations on the planet. It’s not safe to have your supply chain controlled by a foreign power. They will move out of china. But they wont move to the US. It’s simply too expensive there.
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https://zora.co/coin/base:0x2fc8168f430b9b348877fd75b1000a55b1db7b84?referrer=0x748f23e419bbdd09740e300a261870e8eaf9a909
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Privacy coins didn’t pick up because we don’t use coins with fluctuating prices for payments at scale. Stablecoins won that one easily. So we’re left with implementing privacy tech for chains with the most stablecoin volume. Begs the question when we will bring back the vision of ditching the us dollar completely
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https://0xruhum.github.io/doge-dashboard/ threw something together with claude real quick. Data needs to be added manually
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https://x.com/doge/status/1888034494252192048?s=46 Someone should create a dashboard showing the total savings over time. Also add a table that lists all the stuff that was terminated by parsing these tweets through an LLM and linking to the individual tweet
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i don't know buddy
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Turkish coffee after late breakfast
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Vibe shift in the US since trump won looks gigantic from afar. Place to be right now for crypto people I’d say
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Someone should calculate whether the savings through DOGE would be enough to offset the costs of the tariffs
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So the tariffs are a lose lose for both countries. The question is who folds first under the pressure, hence who has the bigger treasury. Don’t know enough about the economics of US, Mexico, and Canada to make a prediction but my gut says the US got that one. Questionable is the approach to attack both countries at the same time. Just apply pressure on one of them and tell the other that they are next if they don’t cooperate. Why go to all out war right from bat? The US has enough enemies already.
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I’m really curious how all the memecoin platforms handle the legal side of things. pump is usable in the US afaik. Clanker allows anybody with a Farcaster account to use it so no geofencing there either.
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https://zora.co/collect/base:0x9d49ecca7936f7e3a364da6e14e81846e447a50b/1?referrer=0x748f23e419bbdd09740e300a261870e8eaf9a909 ITAP of a small boat next to a run down house
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Sounds familiar right? https://x.com/suhail/status/1884802354152915407?s=46
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https://zora.co/collect/zora:0x9d49ecca7936f7e3a364da6e14e81846e447a50b/24?referrer=0x748f23e419bbdd09740e300a261870e8eaf9a909
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I believe this chart only tracks bridge flows (someone correct me if I’m wrong). So it doesn’t really show the full picture for Solana imo. Especially retail users will just buy Solana through exchanges. But what’s interesting is that @arbitrum lost $2B over the last 3 months while @base gained $2B+.
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$500B does feel absurdly high. Now Satya is also saying that it doesn’t look right. How the fuck would SoftBank even have that much money to invest?
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https://x.com/elonmusk/status/1881923570458304780?s=46 Huh, supposedly only $10B out of $500B has been secured
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memecoins do not generate any value. It is just a transfer value from one fool to another. It is a zero-sum game. Should that be forbidden? No. Everybody can do what the heck they want with their own money. I don't care. But, for the love of god, stop comparing the financial platform that Ethereum built with the onchain casino that is Solana. PS. I am a fool myself. PPS. I'm still looking for the big UX difference between trading on Solana+Phantom and Base+Rainbow
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