croissant Profile picture
Sep 10, 2021 10 tweets 5 min read Read on X
What are some important things in crypto that people don’t talk about enough?

I’ll start! 🥐
Have we lost our roots?

Cypherpunks supported public-key encryption in order to help preserve privacy, as the world turned increasingly digital

#Bitcoin gained headway amongst the members very quickly

Now in pursuit of money, many of our primitive values no longer remain today
Why is crypto so underrepresented in Washington?

The industry is now in the trillions of dollars yet it was almost blindsided by regulations

We could quickly become a single issue voting matter, & be especially attractive for politicians

This is bigger than we understand…
Why are the #Bitcoin and $ETH communities so marginalized?

As a whole, we all believe in the fundamental values of decentralization and cryptography for society

$ETH & $BTC have many more synergistic properties than one might think…
Where does yield come from?

The question no one dares to ask, is actually quite simple

Yearn’s $USDC vault offers a modest 5.79% APY by:

->borrowing $USDC
->farming $COMP
->flashloans
->harvesting $COMP
->reinvesting $USDC

Additionally, yearn isn’t taking 3-4% like most banks
Why is becoming your own bank something many deem a daunting task?

DeFi offers everyone a new level of freedom over their finances

Rather than putting your funds at the hands of individuals, you are putting your funds at the hands of code.

This is huge.
Why is liquidity so segmented across decentralized finance?

Swaps are on Uniswap, Sushiswap, or Bancor

Options are on Deribit, Hegic, or Opyn.

Loans are on Aave, Compound, or Dydx

Capital efficiency on $ETH would go exponential if we could interact with these individual pairs
Why are so many people unaware of exactly how elaborately blockchain is changing the world?

There are tons of examples I’ve even written a thread about, serving good to mankind with:

-unbiased lending
-access to insurance
-universal market access
-digital ownership

& more…
Why are the use cases of NFTs so focused on pfp projects?

NFTs solved the final piece of the puzzle. It put non-fungible items on the blockchain.

They can be used to tokenize and represent ownership of anything online

In fact, they don’t even have to be an investment at all…
Why do people think they’re late to crypto?

Believe it or not, only 2.6M wallets have ever interacted with DeFi

That’s only 1.2% of all wallets on $ETH, & many people have several wallets in use!

We haven’t even begun to discover what can be done on the blockchain

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More from @CroissantEth

Jun 17
“we should onboard more celebrities for mass adoption”

the celebrities (proof below): Image
Mila Kunis

-launches Stoner Cats NFT collection back in 2021
-raises $8M+
-gets charged by SEC
-NFTs removed from marketplaces
-down 100%
Image
Image
Jason Derulo

-promoted NFTs to 8M followers on Instagram.
-last post from project over 2 yrs ago
-all socials dead
-down 99.98%

Image
Read 21 tweets
Jun 14
Donald Trump is coming for crypto in a very big way.

I looked at all of his most recent statements on crypto & found some eye-opening things.

Let’s discuss… 👀 Image
Donald Trump, the former President of the United States, began his venture into crypto with Ethereum back in December of 2022.

Here, he launched a digital trading card collection with 45,000 NFTs on Polygon.

The NFTs offered exclusive access to a variety of amenities.
The 45,000 NFTs quickly sold out, giving President Trump’s wallet over $4M in crypto.

Donald Trump would later go on to host a handful of events with those who hold the NFT.

Dinner with Trump, golfing at Mar-A-Lago, etc. Image
Read 15 tweets
Mar 20
are you following the breadcrumbs from coinbase?

many millionaires will be made on base this cycle.

if you don’t quite get it yet, you will soon…
the number one crypto exchange in the United States is Coinbase, with no debate.

it consistently ranks top 25 in the app store for finance, with 50M+ registered users.

but this isn’t what makes base so interesting… Image
there are a combination of factors paving the way for base to become a leader in the L2 ecosystem.

to start, eip-4844.

eip-4844 has tremendously lowered tx fees. tx fees on base are now just a fraction of what they were before thanks to the upgrade.
Read 14 tweets
Feb 27
hello frens.

if you’re reading this, you just made it through one of the longest crypto bear markets in history.

are you prepared to see something we’ve never seen before?

let’s compare to 2021.
a popular top signal is when coinbase hits #1 on the app store charts.

this has only happened twice in history:

first on December 7th, 2017 - when btc was $17,249

then on May 10th, 2021 - when btc was $58,213

Today, btc is $54,575 and coinbase sits all the way at rank #422.
okay, cool. how about crypto activity on reddit?

some analysis can show just how far we are from peak hype:

in 2021, r/cryptocurrency averaged hundreds of thousands of posts a day.

in 2024, r/cryptocurrency averages just a couple thousand of posts a day.

big difference.
Image
Image
Read 11 tweets
Dec 16, 2023
On November 9th, 2021 United States law enforcement officers closed in on a lakeside mansion in Georgia.

Inside of its floor safe they found $661,000 in cash, gold bars + coins, and a Cheetos popcorn tin.

The Cheetos popcorn tin contained $3.4B worth of bitcoin. Image
To understand how law enforcement found this unfathomable amount of money, & why $3.4B of bitcoin was stashed in a Cheetos tin, we’ll have to go back to 2009…

James Zhong had just turned 18 years old.

He was a smart, quirky kid with a knack for computer science. Image
After landing a near perfect score on the SAT, he packed his bags with everything he owned, traveled to the University of Georgia, & never spoke to his parents again.

This would mark the start of a new, extraordinary life for James.

Something incredible was about to happen. Image
Read 25 tweets
Dec 3, 2023
AI is still trying to find its way into the market.

The project that I’ve been working on aims to change this for good.

It’s simple, useful, and implements AI models on the blockchain in a way that just makes sense.

Introducing … 🤖aiis.dev
uses advanced models from OpenAI to simplify the erc20 development process.

With just three questions, GPT-4 + DALLE-3 can help anyone create and deploy a token in under a minute.

Deploying a token has never been easier, ever. aiis.dev

Image
Under the hood, the user’s answers to:

“How should I name the token?”

”How should I make the ticker?”

”How should I make the supply?”

are sent to GPT-4, which responds based on its extensive training on trillions of parameters. Image
Read 6 tweets

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