i think cyrus has the best explanation if you understand standard universal tardfi speak with some crypto jargon
my tldr is that its a closed end fund that hacked fundraising at high premiums using the APY magic trick because ppl genuinely do not understand what they are buying
was the play on $ZIP just the "uni v2 on optimism" with 1/6 trading fees and potential ve ponzinomics?
isnt that a bad play
personally i view uni as an uber massive shitcoin with no utility and governance kabuki but its been blessed by the effirium high council so no heresy allowed
i will leave this debate up to suit CT / doxxedfi to sort out
im not bothered because
- if regulators are taking the verbal diarrhea from Hentai Senpai, Retired Ponzi Connoisseur, Casual Hentai Enjoyer, Anime Tiddy Expert at face value, they are retarded
unfortunately i view everything as a ponzi in the most broad and vauge way possible because im too lazy to argue lexical semantics with people
i can do this because i am confirmed retarded
whether regulators take a few years or a decade to figure it out, its not my problem
in the grand scheme of things, does it matter if old boomers took a few extra years to regulate things because of scary labels used by autistic internet frogs?
there is a universe where someone takes the instagram photos of a girl uploads it on twitter occasionally talks about crypto then get a lot of followers and has a successful NFT collection and then later we all find out that it was a man
not saying that its this universe
also not saying that its not
do not fear technology
fear that you do not understand it
guess what most of yall principles are NFTs with zero bids and arent worth anything anyway welcome to the new economy where your market value is objectively worth less than someone else all animals are equal but some are more equal than others
what im saying is there that is a trade - a zero downside trade for most retail anon nobodies whose principles and integrity mean nothing, to capitalize on their inability to go negative, to long profit opportunities, which people with these valued "principles" are unable to take
but also, i seriously dont have a desire to control my lights or toast over wifi
"haha look when i say hey google its sexy time, it closes the curtains dims the ceilings light and strobes the light strips in sync with sexy music HOW COOL IS THAT"