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Zach
@zherring
it used to be having bags meant you were values-aligned ... slowly starting to come around to the idea that the reverse is true hypothetical - in order for Ethereum to fulfill the vision (some permutation of @vitalik.eth 's DOPE acronym) it had to be a stable value. Staking + appreciation performed about as well as A-grade commercial bonds (~5%). Who makes the best decisions to fulfill that vision? Those w/ heavy bags or light bags? https://x.com/lex_node/status/1881674503052239222
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Zach pfp
Zach
@zherring
Related: https://warpcast.com/polluterofminds/0x638dd980
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Zach pfp
Zach
@zherring
it's so easy to destroy good protocols w/ short-sighted cash grabs, everyone has to defect against their personal gain for it to work and what we're learning is no, lol, most people aren't Cincinnatus.
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