IgnasDeFi

If Kamala won, crypto would be a contrarian industry fighting for survival.
Ironically, crypto might be flourishing
- protocols would be forced to decentralize and reduce reliance on single points of failure
- we’d be moraly and philosophically relevant with reason to exist as a movement for freedom. A movement against authoritarianism or at least repressive regime(s)
- instead of building corpo slop chains that keep value for insiders we’d be building truly decentralized infrastructure
Crucially, we’d be better prepared vs. right now since we abandonned our cypherpunk ideals and we might ev

If Kamala won, crypto would be a contrarian industry fighting for survival.
Ironically, crypto might be flourishing
- protocols would be forced to decentralize and reduce reliance on single points of failure
- we’d be moraly and philosophically relevant with reason to exist as a movement for freedom. A movement against authoritarianism or at least repressive regime(s)
- instead of building corpo slop chains that keep value for insiders we’d be building truly decentralized infrastructure
Crucially, we’d be better prepared vs. right now since we abandonned our cypherpunk ideals are we might ev

6 years after DeFi Summer, we’re still seeing these massive hacks.
Resolv, Venus Core, and now Drift. For a moment, I thought the Solana VM might be superior on security, with fewer hacks.
Alas. I wonder if low-risk DeFi is a thing. Aave pls hold ground.
All of crypto seems high risk.

TIL that Dogecoin is a fork of Luckycoin, which itself was a fork of Junkcoin, which was a fork of Litecoin, which in turn is a fork of Bitcoin.
My question: Can $DOGE become quantum resistant before BTC thus solidifying its status as store of value?

Quite cool Aave v4 feature is risk premium:
You pay higher borrowing rate if your collateral is riskier (on top of base rate).
Safer collateral (wETH, USDC) = cheaper borrow.
Riskier collateral = you pay more.
In v3 all collateral had flat rate.
Basically, if Curve founder wanted to lend $CRV on Aave v4 to borrow stablecoins, he would pay much higher borrowing rate than if collateral was $ETH

The single most valuable AI task everyone can build is your personalized News Feed.
X is full of rage bait and unlimited scrolling.
Mainstream media is biased and info is hidden in long columns to sell ads.
With AI you can get your own feed. Mine focuses on:
- Local events in my city/country
- Crypto: governance, policy, adoption
- Under-the-radar news that matter but fail to make major headlines
- Longevity
- Macro, war, finance with multiple sources per headline to reduce bias
The news you scroll through daily is junk food. Terrible for your brain.

Crypto is in a tough identity spot.
At first it looked like we're truly winning as tradfi suits were joining crypto.
But they're building their own version, removing what crypto OGs truly care about: decentralization, permissionlessness, and censorship resistance.
Farcaster founders abandoning decentralized social media vision for Stripe's corpo chain was the most disappointing part for me.
Can't blame them but it's still sad.
On the other side, the Ethereum Foundation seems alone pushing the cypherpunk vision.
But you can't enforce values onto people. They either believe it or they go where i

Despite its flaws, I'm glad X exists.
Take the EU chat control example.
Mainstream media is dead silent on the topic, yet it's a hot topic on X.
X allows people to be heard, mobilize, and change things.

Many crypto builders won’t speak openly about the $WLFI grift as it could hurt their businesses growth, and there’s little upside.
The World Liberty Financial exposés will get interesting once the Trump family leaves office.

I'd be good with crypto being a niche.
Small and quiet enough that regulators leave us alone. We use our privacy-focused, self-sovereign, borderless infra in peace.
But crypto prices pump by attracting new buyers. That ends in speculative mania followed by a crash.
Then regulators step in. Either with genuine concern to protect people or just to show they're doing something.
We probably passed the point of no return already.