aur.eth Profile picture
12 Jan, 6 tweets, 2 min read
Imagine transactions on $eth as cars on a road.

Cars depend on oil. Throughout history, oil was plentiful. Spend it, buy it.. whatever. It was easy to come up with. Shit, set it on fire if you want to.

But lately, oil is drying up.

With traditional oil, more oil..
is easy to find. Dig deeper, develop new tech.. you get the idea.

With $eth, there is no more oil.. anywhere.. ever.

The graph above is how $eth looks now, but in Q2 of 2022 there will be a 90% reduction in the supply that is paid out to the securers of the blockchain.
The number of the cars on the road and peoples' dependence on cars isincreasing rapidly. Gas has been rising steadily (207 now, normal lately). What used to be abnormally high the new normal. Users are still finding more value in executing their transactions than the cost..
to execute those transactions. To keep the analogy going, cars are still finding it worthwhile to fill up their gas tank to go to work. More cars, more cars willing to travel even with rising gas costs, less supply... way less supply. Averaging car traffic over the past year,
supply would decrease 2.6% of oil more and more cars need.. gone forever. But look at this.. recently, activity has been ever higher. If activity were as is in the past week for a year after the merge, we'd burn 4.2% of all the oil.. never to be seen again..
So in summary:

More and more fuckin cars driving to work
Less and less fuckin oil
No construction to improve traffic for 1 year+
And the oil well is about to dry up 90%

It's not rocket science.

This shit is inevitable supply and demand.

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More from @AxieAur

14 Jan
A lot of people don't know this, but you used to choose your moves before the battle in @AxieInfinity... order of moves for your 3 axies, and the battle would autoplay and cycle through moves. Turn based was just a dream then. Nobody thought it would ever ship.
Before that, Axies just bobbed up and down on the screen. You could only buy, sell, trade them. People had doubts they would ever make them playable. Autobattles were just a dream then. Nobody thought it would ever ship.
I could do this all day. In fact, I think I will create a long form piece about the numerous times Axie was doubted and the numerous times they persisted and delivered. I won't hide the mistakes. Nobody is perfect. There are always consequences to every path you choose, but..
Read 4 tweets
14 Jan
Back in the day, I built this website for tracking Axies' who were the first to have a given part. I sucked bad enough to have something that didn't update automagically, but it didn't matter with low IDs because they didn't change.

renegade444.github.io/firstparts//in…
I built a tool that grabbed all the Axies and read their part metadata. It started at one and worked its way to higher IDs. For each loop, it checked against a list of parts. Once it found a particular part, it would update that variable to the Axie ID for that part...
You could only grab so many IDs as once, so the tool had to make multiple calls. I used building this as practice with Javascript promises, reading from APIs, loops, dealing with variables, etc... Coming up with an idea and then trying to do it will always teach you something.
Read 5 tweets
13 Jan
Reading some Steve Jobs:

"I was lucky — I found what I loved to do early in life.

We worked hard, and in 10 years Apple had grown from just the two of us in a garage into a $2 billion company with over 4,000 employees.

Don’t lose faith.

You’ve got to find what you love.

...
our work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. If you haven’t found it yet, keep looking.
Don’t settle. As with all matters of the heart, you’ll know when you find it. And, like any great relationship, it just gets better and better as the years roll on. So keep looking until you find it. Don’t settle.

...

Remembering that I’ll be dead soon is the most important...
Read 7 tweets
13 Jan
What if we could find ways to turn solving hard science like cancer and viruses into games. Science is mostly guessing and checking. What if unsolved science problems could be represented as games, and give access and rewards to millions of people for solving?

#science2earn
Money from grants could be used to reward puzzle solvers and boost liquidity. Staking tokens could mean you get rewarded anytime someone solves a puzzle. All sorts of cool possibilities to use blockchain to solve all kinds of real world problems. As young kids grow up..
Read 4 tweets
12 Jan
Let's look at how the average gas on @ethereum has shot up recently.

This happens everytime a drop happens.
This happens everytime there's volatility.
This happens everytime there's a hot NFT.

Each one of these activities is happening more and more frequently.

$eth
Image
Image
Read 5 tweets
11 Jan
All it takes is one 100x, but you need to have ammo to make it really turn into a monster bag.

Always be finding ways to get more ammo without taking on debt, and only bet the farm when you KNOW you're gonna win.
Find ecosystems where you can run experiments and learn cheaply. Find niches you can specialize in and profit from. Cycle most profits into your base assets and fewer into your high reward bets. Continue to do this over and over again. The new entrants will likely be doing..
This mostly on L2s and sidechains. This is the way.
Read 6 tweets

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