not-ngmi.eth 🦇🔊 @hydrologic_eth
Following Ethereum core development, staking, ZK Rollups, defi Joined February 2022-
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Privacy is normal. Living in a surveillance state in which the government demands to watch everything we do with our money at all times without obtaining a warrant is NOT normal. Treating software developers who build privacy-preserving technology as criminals is reprehensible.
The SEC has no authority—nor should it—to regulate global, peer-to-peer computer networks. The SEC’s aggressive overreach into commodities, software, and these novel technology platforms is unlawful. fortune.com/crypto/2024/04…
Let’s say you build a business from scratch and qualify for Biden’s new 25% unrealized gains tax. So you have to sell 25% of your business to pay the tax. But now you have to pay 44.6% cap gains + 13.3% CA on that. So you actually have to sell ~37%. Is this right?
it’s a fuckin calculator connected to the internet.
it’s a fuckin calculator connected to the internet.
Today, Consensys filed a lawsuit against the Securities and Exchange Commission. The goal behind this is to ensure that Ethereum remains a vibrant and indispensable blockchain platform and to preserve access for the countless developers, market participants, and institutions…
An example to show how insane this is: You're a founder and you start a company. You own... let's say 30% of it. Everything is booming, you raise a round that values the company at at $500 million. You now personally owe $37.5 million in taxes. This year. In cash.
An example to show how insane this is: You're a founder and you start a company. You own... let's say 30% of it. Everything is booming, you raise a round that values the company at at $500 million. You now personally owe $37.5 million in taxes. This year. In cash.
Imagine ETH is at $25k and you have to explain to your children that you sold $2850 on the 6th fake war dump. NGMI.
When you invite a user, their customer support emails are re-routed to your email address. If you don’t know the answer, contact customer support! It will be routed to whoever invited you. This is a pyramid scheme of customer support. Thanks for helping your friends and…
@MarkdeWijk21278 @ulricmusset One time I drove a mile outside of Palo Alto to pickup an Eames chair
I listened to the Bankless episode on the ETH issuance debate. Ryan sums it up best when saying "it's just too soon". I'm never going to be 100% anti an issuance reduction (I've been apart of 3!) but the whole time this has felt rushed and lacking proper data.
@sassal0x Honestly I think of all the mispriced eth events in history and going on now, this is the biggest one. Not just this but they are helping Ethereum mass scale and create great UX for it as well
Study May 23rd
I finally got some sleep and no longer will be using the term “fucking idiot” in customer support responses
guy that claims to work in tech, will be chill and test the beta, no worries about any issues, sends 10 angry emails when the site doesn’t work as expected
Wait until they realize Base is Ethereum.
I helped talk about the generate the PoS issuance curve in the community as well. The current push to tweak it is a completely over reaction to centralization concerns that are unfounded. At an absolute minimum, just like the initial PoS reductions, we should wait years
Given the obsession with “DePIN” I don’t see why Solana doesn’t have a physical casino in Las Vegas. Like a trading floor where you can go and trade shitcoins in person. Maybe we could develop some IRL friendships, I haven’t seen another person in 3 weeks myself.
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The best way to see his point is to watch 30 Rock and realize that at least 80 of its 100 best jokes would no longer make it past the censors.
Jerry Seinfeld is on the New Yorker Radio Hour blaming "the extreme left" & "PC crap" for why there are no sitcoms anymore. Not streamers or any systemic reasons that we *just* saw at play with the WGA strike. Just "The wokes won't let us make comedy anymore." Absolute brain rot.
If I were the CEO of a fast food chain, I would launch upscale versions of the restaurant in SF/NY/LA. Identical menu but premium ingredients and higher prices/margins. Give me Chipotle+. Free-range KFC fried in tallow. McFlurries with organic grass-fed raw cream.
The plan: - ask the boys what the move is - get 0 replies (they have a chat without me) - have 2 beers - start watching Netflix show, get bored and try another - another beer - double text to the chat and don’t get a response - 3 more beers - darkness sets in - stare at the void
Whenever someone on Twitter from Paradigm or A16z asks “who’s building this?” what they are trying to say is that actually they are building it, and they want to let you *personally* know that they are going to build it better than you because you are poor and they are not
Privacy is normal. Living in a surveillance state in which the government demands to watch everything we do with our money at all times without obtaining a warrant is NOT normal. Treating software developers who build privacy-preserving technology as criminals is reprehensible.
The SEC has no authority—nor should it—to regulate global, peer-to-peer computer networks. The SEC’s aggressive overreach into commodities, software, and these novel technology platforms is unlawful. fortune.com/crypto/2024/04…
Let’s say you build a business from scratch and qualify for Biden’s new 25% unrealized gains tax. So you have to sell 25% of your business to pay the tax. But now you have to pay 44.6% cap gains + 13.3% CA on that. So you actually have to sell ~37%. Is this right?
it’s a fuckin calculator connected to the internet.
BREAKING: 🇺🇸 SEC has accused MetaMask of acting as an unlicensed BrokerDealer.
Americans have constitutional rights to anonymous assembly and anonymous donations - @valkenburgh We have a framework for onchain privacy and censorship resistance. Don’t let the conformists tell you otherwise.
Today, Consensys filed a lawsuit against the Securities and Exchange Commission. The goal behind this is to ensure that Ethereum remains a vibrant and indispensable blockchain platform and to preserve access for the countless developers, market participants, and institutions…
setting up a blind date for my SUPER AVERAGE single friend who also works in crypto you: - in crypto - age 18-65 - pulse him: - 24 - midwest - terrified of eye contact - can use bonkbot from an apple watch - crippling zyn addiction dm me cuz i’m being serious lol
setting up a blind date for my SUPER HOT single girl friend who also works in crypto you: -in crypto -ages 28-36 -rich -no kids -funny, chill her: - 26 - beautiful - latina - 26 - no kids - funny, athletic, accomplished dm me cuz i’m being serious lol
Knowing how to set up, use, and maintain a node is a marketable skill and you can still be in the first 0.1% of the world who knows how to do it (running a node doesn't require any ETH) (but it's a gateway drug to running a validator)
An example to show how insane this is: You're a founder and you start a company. You own... let's say 30% of it. Everything is booming, you raise a round that values the company at at $500 million. You now personally owe $37.5 million in taxes. This year. In cash.
It’s difficult to describe how insane a 25% tax on unrealized capital gains is. Not a one-time 25% hit. It’s compounding, annually taking 25% of every dollar of potential increase before it can grow. Not an exaggeration to say it could single-handedly crush the economy.
I am somewhat worried that people thought this tweet was a legitimate customer support idea and not a joke
When you invite a user, their customer support emails are re-routed to your email address. If you don’t know the answer, contact customer support! It will be routed to whoever invited you. This is a pyramid scheme of customer support. Thanks for helping your friends and…
Imagine ETH is at $25k and you have to explain to your children that you sold $2850 on the 6th fake war dump. NGMI.
When you invite a user, their customer support emails are re-routed to your email address. If you don’t know the answer, contact customer support! It will be routed to whoever invited you. This is a pyramid scheme of customer support. Thanks for helping your friends and…