Talk bankless - we're headed west...this is the frontier...that kinda stuff

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Imo Nic Carter's tweet is revealing:

"... i think it genuinely damages trump's electoral prospects..."

He wants Trump bc of his BTC bags. Doesn't mention increased attack surface for crypto at large if WLF gets hacked.

The enemy of the state (DeFi) now embodied by 70%-Trump-Coin = easy dunk for Warren & Gensler!

The way many crypto projects become valuable is by enabling others to build new speculative assets on them, attracting bots and incentivized whales. This generates numbers that seem impressive, but are largely meaningless (N million DAUs/TVL here). The DAUs are bots, the TVL can exit easily and is here for a quick VC fueled APY buck.

This creates press and hype on twitter, causing real users and projects to join. The products are usually disappointing (the impressive numbers are often smoke+mirror), and projects and users mostly churn/take the L. 

Repeat

Many people believe that banking is not speculative.

That's stupid.

Banking keeps most of the speculation reserved for the rich and out of access from the rest.

Crypto makes that speculation available to everyone.

As an Eigen Layer operator and Bankless fans, thought we would post EL's airdrop distribution announcement. https://blog.eigenfoundation.org/season-2-stakedrop/. Then shamelessly plug our website and latest article on operator sets. If you are interested in building your own block as an EL operator, restaker, or just want to learn more about how EL works check out our latest on EL operator sets. The latest re-staking innovation coming from Eigen Labs!

As an Eigen Layer operator and Bankless fans, thought we would post EL's airdrop distribution announcement. https://blog.eigenfoundation.org/season-2-stakedrop/. Then shamelessly plug our website and latest article on operator sets. If you are interested in building your own block as an EL operator, restaker, or just want to learn more about how EL works check out our latest on EL operator sets. The latest re-staking innovation coming from Eigen Labs!
https://www.eigenhub.org/blog/-operator-sets

Trumps 70% insider token plan is so bad it could almost be a psyops incepted by Gensler into one his son's minds - while they were secretly admiring Kamala's dancing skills

5 years from now, where does Robinhood want to be with their crypto offerings?

CEO and Co-Founder Vlad Tenev shares their vision

We're building the Farcaster economic engine. Join us! moxie.xyz. Follow @betashop.eth & @airstack for news! Official contract: link.moxie.xyz/contract

Can someone give me a TLDR about @moxie.eth I keep seeing people talk about it a lot here on @warpcast

This week, Q Inc has changed course with speaking with investors. Given I receive a lot of cold opens from investors on Farcaster, I would like to share that change with everyone publicly, and why.

Moving forward, we refuse to even begin conversations with funds who have ever (or intend to) engaged in token warrants. It is clear our values and beliefs are diametrically opposed, and this is a far easier filter to save ourselves the time. 

It has been a long path to fundraising principally because we are operating from a perspective that as a company collaborating on a fair launched project, we can not and will not do token warrants. Despite being upfront about this, this topic has resulted in a lot of time wasted in talking with crypto funds, because they do not believe equity has a path to return for them, and ultimately decline.

This is very telling because if they don't believe the company will be successful what use are the tokens, unless...?

This.

Please read this thread by @cassie 

Would love for you @rsa.eth and @davidhoffman to air this issue on your pod. Many such cases?

BDFL of Quilibrium, Eng @ Farcaster, ex-Coinbase, always opinionated, never hydrated

/quilibrium

PREMIERE -- Weekly Rollup 🗞️📺

🚨 Why Telegram founder Pavel Durov was arrested & what it means for the future of privacy

💰 Drama as the Ethereum Foundation sells $100M ETH

🚫 Operation Chokepoint 2.0 continues; which company got it?

Tune in 👇
http://bankless.cc/4dOfDnV

growthepie on Bankless – Weekly Roll-Up 
 
6 Layer 2s with over 1B TVL!

PREMIERE -- Weekly Rollup 🗞️📺

🚨 Why Telegram founder Pavel Durov was arrested & what it means for the future of privacy

💰 Drama as the Ethereum Foundation sells $100M ETH

🚫 Operation Chokepoint 2.0 continues; which company got it?

Tune in 👇

Has bankless done a based rollup episode yet?

BasePaint #385: Bankless Buck shirt is up!

Check it out:
https://nounsfactory.com/products/basepaint-385-bankless-buck-shirt-unisex-ultra-cotton-tee

Basepaint holders get a 40% discount 🫶

And join the movement:
/basepaint

And you can get the shirt as well @bankless 🙏

Just minted Day 385 on BasePaint! Hundreds of pixel artists made this together on the blockchain. Minting is open only for 24h 

Hey @bankless have you seen today's Base Paint? 😍 
We are headed west 🫡

Just minted Day 385 on BasePaint! Hundreds of pixel artists made this together on the blockchain. Minting is open only for 24h 

Hey @bankless have you seen today's Base Paint? 😍 
We are headed west 🫡 

https://basepaint.xyz/mint?referrer=0x9C99BF82fC38713C471D4415f66c8336D361501a

Just minted 2 NFTs of Day 385 on BasePaint! Hundreds of pixel artists made this together on the blockchain. Minting is open only for 24h

PREMIERE -- Fmr House Speaker Paul Ryan

Ryan revealed a surprising stance -- he’s bullish on crypto!

We dive deep into:

- Crypto under a Trump vs. Kamala administration
- How crypto could help the U.S. stay ahead of China
- The potential loss of the U.S. reserve currency status

bankless.cc/4fV1W86

Can TRON be the biggest winner this cycle? 🤔

Plus:

- Dems ignore crypto
- Vitalik is bull-posting
- And McDonald's has a $20M hack

Those stories and more in the Weekly Rollup 🗞️📺

Jump in 👇
bankless.cc/McHacked