How does Ethereum go about decentralizing the creation of culture? Right now our space feels like an echo chamber because it favours the voices of the few rather than the many. We see this on CT and at conferences, where those with clout gets you orders of magnitude more views.
We've obviously run into scaling issues (haha!) since our time is bounded, as are the # of speaking slots at conferences, accounts you can follow, etc.
How do we move towards a world where the #EthereumProletariat has a voice? Where the little guys/girls don't get drowned out?
Ethereum culture scales when people realize that there's often more value in conversations with new minds rather than relying heavily on influencers. Instead of everyone trying to sit with the cool kids, we need to be turning new community members into the cool kids.
When was the last time you went to your local meet up and talked to people just learning about our technology? When was the last time you listened to their perspectives, rather than just speaking at them? I can easily say I'm guilty of erring towards the latter.
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now that Yuga has revealed their true colors, I can't unsee it
con artists of the highest order
It took me a long time to learn this lesson in crypto, but it is 1000% never worth it to stand by in ignorance, while you watch people you're associated with use dark manipulation techniques on unwitting people
Hanlon's razor is a real bitch, because a majority of the time in life, people really are just incompetent, and aren't actually trying to be malicious
but in the 1% of cases where they are manipulating, they'll ALWAYS make it appear like incompetence to cover their tracks
Now the Satoshi LARP is trying to tell us that he launched a token on behalf of us without my permission because he wanted to help “the creators […] to capture and accrue value on the platform before they’ve even joined”
@zhusu@alee Su, I’m sorry but I think you’re deeply deeply wrong. I think you’re too smart to be talking your high risk book to this degree, especially at this point in the market cycle. Sure, short term gains can be fun (there was a killing to be made on XRP in past cycles)… (cont’d)
@zhusu@alee …but your audience isn’t going to be able to move into safer ecosystems in time and will get absolutely rinsed on the way down
you’ve given me a ton of free alpha via your YouTube appearances, so consider this my attempt to return the favour
@zhusu@alee the argument that’s currently being sold by people with deep eth-killer-books is that developers will (eventually) be forced to build for these alternate chains too
“it’s a multi chain world man, any maximalism is cope”
might have figured out a way to do NFT collateralized loans in @_anishagnihotri’s DMs
TLDR the NFTs sit in an active auction whose highest bid is essentially used as collateral
@_anishagnihotri step 1. User deposits their NFT into the contract and initiates an auction for it
this auction is special though - the highest bid deposit may not be withdrawn, unless it is beaten or the loan corresponding to the NFT is fully paid
step 2. depositor receives a loan for up to 100% of the top bid value (minus any associated fees)
because the top bid is locked up, there's no need to over-collateralize (although the top bid will obviously be only a fraction of the NFT's true value)