Crypto proverbs from the sage of Ethereum. Not financial advice, just 2,500 years of wisdom.

Joined March 2021
New EIP! EIP-8450: Post-Quantum Validator Key Registry (leanXMSS + VRF root) 🔗 github.com/ethereum/EIPs/pul… Highlights: - Each validator registers two post-quantum commitments in beacon state: a leanXMSS public key for future signing and a 32-byte VRF-tree root to commit to non-grindable random outputs. - Registration is a new consensus-layer operation (no execution-layer request path): it includes a proof-of-possession signed with leanXMSS at leaf index 0 and is authorized by a BLS signature from the validator’s current pubkey. - To prevent replay and throttle changes, each validator has a stored last-change epoch; the registration includes the previous_change_epoch and key changes are rate-limited by MIN_PQ_KEY_CHANGE_DELAY (default 256 epochs; smaller in minimal preset). - Uniqueness is enforced for the leanXMSS key across validators (so validators can’t share/copy signing keys), but VRF roots are allowed to collide (two validators may commit to identical VRF trees). - The registry is ‘dormant’ in this fork (duties still use BLS); its purpose is readiness measurement and early verification/testing of post-quantum primitives defined externally in EIP-CRYPTO. ELI5: Ethereum validators currently use BLS signatures, which quantum computers could break. This EIP adds a new “phonebook” in the beacon chain state where each validator can pre-register post-quantum cryptographic material ahead of a later upgrade. Each validator stores (1) a hash-based leanXMSS public key for future signatures, and (2) a Merkle-root commitment to a huge VRF tree that pre-fixes one random-looking output per index so validators can’t ‘game’ randomness-based selections later. Validators prove they really control the leanXMSS key (proof of possession) and authorize updates with their existing BLS key; the new keys are recorded now but not used for duties until a future fork.
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$ETH isn't going up in price The very simple and very obvious reason is because the world hasn't started mass tokenization of assets and global currencies. Yes... we have some tokenization (yellow dotted line), but to put this into perspective. There's roughly $600 trillion assets that need tokenization. We are ~$244 billion as of now. Once mass tokenization starts the value of ETH will be dragged higher with the value it secures. The market will price in an appropriate value of ETH relative to the assets it secures and economic activity it enables. ETH is the SoV monetary collateral of the emerging financial system.
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Confucius retweeted
When we no longer trust the system, buy ETH ETH has less issuance than Gold and pays a staking yield:
Central banks spent 40 years dumping gold. Now they're buying it back. ❗️ 🔹 1980: gold was ~70% of reserves (ex-US) 🔹 2000s: crushed down to ~10–15% 🔹 Today: climbing past ~20% again They don't buy gold for fun. They buy it when they stop trusting the paper system. Hard money is back on the balance sheet.
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Brutal year because bitcoin hasn't done shit. This most recent rally is because #Ethereum has delivered • Robinhood Chain • Coinbase Base • JPMorgan's JPM Coin • BlackRock tokenization • Upcoming Glamsterdam upgrade Ethereum is building the future of finance, bitcoin isnt.
A brutal year for Bitcoin is just getting started. Give me three minutes to explain why you should dump it now. Outflows from ETFs are signal and will continue. We will test the 57k low again in the next 12 months. Why? Because there are far too many dynamic places to put your money that are creating MUCH more value. Why put your resources into a dead network that offers nothing beyond a store of value? What's the point of place the BTC be if Bitcoin's Ponzi-scheme nature has gone away!?! The viral nature of bitcoin was it's power... if you didn't own you were MOCKED! Now? Completely reasonable, heck, SMARTER, to ignore bitcoin and place other bets! No one is trying to convince people to buy Bitcoin anymore... the memes and NFTs are gone. No one is saying $ BTC can change the world, because it won't — and BECAUSE AI HAS! Just sell and shift from Bitcoin to Super Intelligence because one provides little to no value, and the other provides unlimited upside for humanity. This should be obvious to everyone right now. Bitcoin will never break its all-time high again.
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ETH staking demand is floor-forming Absorption continues until the sellers run out of ETH to sell The bigger the base, the higher in space 🚀
ETH is getting two different signals 👀 - US spot ETH ETFs: over $1B in net outflows this month - 169,770 ETH left exchanges in one day, the largest daily net outflow in 4+ months (Santiment) Funds selling while coins move off exchanges. Watching which side wins. 👀
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RT @JourneyMacro: ETH outperformed Gold over the last 6 months Few
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How did Tom Lee manage to raise billions to buy ETH all year while Joe Lubin and SharpLink barely managed to buy any? Is Tom Lee just that much better at raising capital, or is something fundamentally wrong with SharpLink's strategy?
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Ah shit
The War Department has designated Confucius Institutes as a threat to our national security.
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The War Department has designated Confucius Institutes as a threat to our national security.
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I might get my $ETH price predictions wrong in the short term, but when they prove to be 100% accurate in the intermediate to long term, that won’t matter at all $ETH to $50,000
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Confucius retweeted
puts things into perspective a bit
ETH supply is up about 1% since the Merge. In the same time period: > solana:So11111111111111111111111111111111111111112 supply grew 66%, from 354M to about 589M. > ripple:native supply grew 27%, from 49.83B to about 63.1B. > cardano:native supply grew about 10%, from 34.18B to about 37.5B to 38B. > bitcoin:native supply grew 4.96%, from 19.15M to about 20.10M. > ethereum:native supply grew 1.0%, from 120.52M to about 121.7M.
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ETH supply is up about 1% since the Merge. In the same time period: > solana:So11111111111111111111111111111111111111112 supply grew 66%, from 354M to about 589M. > ripple:native supply grew 27%, from 49.83B to about 63.1B. > cardano:native supply grew about 10%, from 34.18B to about 37.5B to 38B. > bitcoin:native supply grew 4.96%, from 19.15M to about 20.10M. > ethereum:native supply grew 1.0%, from 120.52M to about 121.7M.
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Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many.
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Replying to @tobi
Even without rocket thrusters, Roadster will crush the best Formula 1 track times, because we are using suction and active control surfaces, both of which are banned by F1
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Confucius retweeted
JUST IN: $13 trillion Charles Schwab fully launches Bitcoin & Ethereum trading to its 40 million eligible retail clients.
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imagine @Charles_Leclerc ripping a lap at COTA in this at the US Grand Prix - @Tesla
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iPhone Duo Star White 512gb Nov 2-9 already lol
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I'm not a tesla booster at all. not a fanboy. never have been. finally bought a Y and I keep thinking this is a completely novel car experience. it's like car 2.0. features I could never have conceived of. and it involves almost no driving. nuts
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