❤️🔥 retweeted
Round 1 Win Vs Dawson
187 Yards 5 Receptions 3 Touchdowns
Excited To work next week vs Summer Creek!!
❤️🔥 retweeted
Steph - “I’ve never seen two guys play at that level for 3 straight games in my life”
LeBron & Kyrie combining for 82 PTS pts was legendary stuff. 🐐🐐
❤️🔥 retweeted
There is a famous scene in The Wire where a security gaurd approaches Marlo Stanfield after he steals from a bodega. The security guard confronts Marlo about it outside, but makes a point to note that he is not disrespecting Marlo, but that he is still is a man and going to stand up to him.
After the security guard becomes noticeably desperate and loses control of the situation, Marlo responds by saying. "You want it to be one way, but its the other way." The security guard later gets put in a vacant.
If ETH wants to compete with BTC or ZEC as a store of value then the formula is nuke the EVM on L1 and set a hard cap on supply. If not then you're competing with Hyperliquid and Solana. But then the valuation metric changes to activity and resulting burn, not CROPS.
The Ethereum community thinks they can achieve store of value status without ditching a programmable VM and committing to a fixed supply for ETH.
They want it to be one way, but it's the other way.
Expanding on why I believe "ETH as store of value (SoV)" makes much more sense to focus on than "ETH as fee-burning token".
Three primary reasons:
1. ETH as fee-burning token never was as strong as it seemed
2. Optimizing for ETH as fee-burning token would demand Ethereum and ETH function in ways that are very hard to make compatible with decentralization and capture resistance.
3. Meanwhile, optimizing for ETH as SoV is aligned with Ethereum focusing on its unique strengths (decentralization and CROPS)
EIP-1559 (including its burn) is fine and good, we should keep them. But we should not feel sad if fee burn is < 10% of breakeven indefinitely; the value of ETH comes from elsewhere.
The core idea: the big thing that people appreciate about Ethereum is decentralization and CROPS. The main pragmatic benefit that these things translate into is stability. SoV is the category where that is not an unneeded extra we merely put effort into for ideological reasons, but rather a pragmatic strength from the perspective of people putting in their assets. And in the era of AI disruption, stability will be highly valued.
❤️🔥 retweeted
THE WIRE (2002) doesn’t try to win you over with a twist or a slick hero. It drops you on a Baltimore street, lets McNulty talk to a witness about a dead man called Snot Boogie, and somehow makes you want to stay for five seasons. Just unreal television!
❤️🔥 retweeted
RARE clip of Nipsey Hussle singing "White Manz World" by 2pac (Makaveli) word for word in the studio. Nipsey has always paid homage to 2pac and claimed to be a student to his teachings in most of his music
