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There is no community like Ethereum. There is no bastion like Ethereum. There is no garden like Ethereum. There is no economy like Ethereum. There is no lighthouse like Ethereum. There is no opportunity like Ethereum.
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Phenomenal conversation to understand the economic strategy of the current US administration, straight from the Treasury Secretary. https://www.youtube.com/watch?v=lSma9suyp24
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"Narrative traders and proponents of overvalued infrastructure projects can go eat dirt, because agentic onchain banking is about to unfold on the public blockchain with the strongest security guarantees." https://powerlaw.systems/memo-w11-mar-2025
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I had some issues finishing triangles from the back, and then I realized one fundamental principle. You only get the angles right if the base of your triangle is completely aligned with the back/shoulder line of your opponent. That also means that one of your hip/knee/ankle joints must pair with each of your opponents shoulder. If the apex of your triangle does not align with the chin of your opponent, then it is not a choke. https://www.youtube.com/watch?v=kTW9tXjh-NY
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You are not bullish enough. https://www.youtube.com/watch?v=1xQea1sEDzs
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"Our tears are one of the most precious things we create. When you show them, everyone will understand. When you hide them, nobody will ever know." - me
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The pool value will not exceed $25,000
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I am totally here for this.
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I got into The Great Mental Models, written by Shane Parrish. This is the edition about general thinking concepts. In order to understand the purpose of this book, we have to understand the current state of our education systems. In our day and age, children are conditioned to repeat well established facts without asking further questions. The process of creating compliant individuals is called indoctrination. And that has nothing to do with education. A more desirable education system would rather focus children on ways of how to think, instead of memorizing what somebody else believes to be true. https://www.audible.de/pd/The-Great-Mental-Models-Hoerbuch/B07P6SY52Z
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Wrote about ETH's value accrual strategy with regards to blobs. The mental models described here are extremely interesting. If you are wondering how this network makes money by giving most of the blobs away for free, read on. https://powerlaw.systems/memo-w10-mar-2025 https://warpcast.com/xh3b4sd.eth/0x5d21b6de
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Have been kinda obsessed with the romantic side of North America's colonisation. The human brain warps time and space, and the opportunities past gone echo dreams we can't take back. But opening our eyes we have to realize that this moment right here, right now, is the frontier once again. The unbreakable power of this cryptographic union, the United Chains of Ethereum, serving mankind with godlike magic. The fundamentals of our protocols and the hooks into reality have never been stronger, all the while some indigenous degens sell Manhattan for a couple of glass pearls. What a time to be alive, Ethereum.
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Great thread, though I truly believe that those Bitcoin takes are just other versions of herd mentality and hindsight bias. There are no logical or fundamental conclusions when it comes to Bitcoin. Simply because of its failing security budget, which, ironically, nobody ever talks about, or just hand waves away. If you believe Bitcoin is digital gold and will outlast civilization, then think again. Gold doesn't need a security budget. Bitcoin does eventually. What we should be saying instead is that there is Ethereum, and then there is everything else.
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They are doing it again!
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↑sup
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Hope Netflix series goes here too. I have read "Indigenous Continent", a book about the history of North America. I thought it would have been great to bring this stuff in movie form. And then Netflix just dropped a series "American Primeval", which is just an astounding piece of art and a fantastic reference of cultural wars between different peoples. Gorgeous and humbling.
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I have been working a lot on 2D vector manipulation for an onchain game that I am cooking. An interesting challenge was to constrict a curve as an alternative to standard smoothing functions. And the best approach I found was to simply lower the apex of a triangle of neighbouring nodes. The Golang code I got calculates the updated mid point in 50 nanoseconds per triplet. Check the graph editor if you are interested in visualizing these types of polygons. https://www.desmos.com/calculator/bg2iwrsgpx
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What they are not telling you is that Ethereum, despite being abandoned, is once again number one in daily and weekly onchain volumes. Turns out crime wasn't the answer after all.
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"We can create rules that allow for a certain behaviour to emerge, and we can create rules that force a certain behaviour to vanish." Wrote another banger in the latest Powerlaw Memo. A system is not a system if it has only "for" rules, because then it is a free for all. And a system is not a system if it has only "against" rules, because then it is just a prison.
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I think today I understood the ETH value accrual thesis that the EF is pursuing using blob space. Justin Drake mentioned that DA will never be commoditized. What he means is that the most secure DA will never be commoditized, because Ethereum DA is limited. The demand driver for DA is the underlying security context. Blobs are free up to a point. All free blob space will always be used. Once blobs are "full", usage causes contention spikes. Those spikes appear to be meaningless today because we only have 3 free blobs per block. So far I always thought that blobs will not generate meaningful revenue because we barely go over that free range. The trick is simply scale. Blob usage spikes above the water line can become pretty big waves, but only if the ocean underneath them is really really deep. Orders of magnitude more economic activity may burn 1.3B USD in blob fees alone every year, even if most blobs are free. That's over half a million ETH tokens gone from circulation annually. Milady
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This kind of information is freely available on the internet for everyone. What a time to be alive. https://www.youtube.com/watch?v=N5DAW8mkJ6Y
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