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Nov 16 β€’ 4 tweets β€’ 6 min read
After weeks of research, I finally published my deep dive report on @dogecoin

I think Dogecoin is the most misunderstood blockchain in crypto, and deserved an objective analysis.

Please ❀️ and πŸ” for visibility

#dogecoin #doge $DOGE
web3pills.com/p/ultimate-gui…
To reiterate, my goal is not to pump DOGE price or try to become a dogecoin influencer.

I felt it was important to research Dogecoin because it has a massive cultural & economic footprint in crypto.

Whether you are for or against it, you need to be educated on it.
If this article piqued your interest, I would recommend following these accounts as well πŸ‘‡

@dogeofficialceo
@itsALLrisky
@dogecoin_devs
@michilumin
@cb_doge
@mishaboar
@DogecoinZack
@inevitable360
@catandradec
@DogeDillionaire
@slumdoges
@TheeDogeDon
For those who haven't read my blockchain reports before, I have an organized process for how I research them.

You can read my past reports on @solana, @Cardano, @chainlink, @cosmos, @ElrondNetwork, @BNBCHAIN on my website πŸ‘‡

web3pills.com

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More from @alex_valaitis

Alex Valaitis Profile picture
Nov 18
If you've been paying attention you will notice a concerning dynamic between mainstream media & @FTX_Official

Let's dive into some examples & try to understand the reasons behind this trend 🧡 Image
1) @nytimes puff piece released the day after it became public that FTX was insolvent:

-Painted Sam as a good person that just made a whoopsy

-Let Sam shill a game he is an investor in

-Highlighted how Sam has been sleeping fine (despite ruining lives)

nytimes.com/2022/11/14/tec…
2) @Reuters article arguing FTX collapse is a good thing actually πŸ₯΄:

-Pick favorable picture of Sam when he was much healthier

-Argue this is good because it will bring more scrutiny to crypto & slow crypto adoption

reuters.com/breakingviews/…
Read 11 tweets
Alex Valaitis Profile picture
Nov 18
I don't think @Twitter is going anywhere, but that doesn't mean you shouldn't start exploring alternatives.

Here are some emerging Web3 Social Media platforms to keep an eye on 🧡
@desoprotocol: A layer-1 blockchain designed for decentralized social media applications.

They have a @UseDiamond (Twitter), @desomessenger (messaging), @pearlapp_ (Instagram), & @joinentre (LinkedIn)

Content is on chain + primitives like social tipping
@farcaster_xyz: Launched by former Coinbase execs @dwr and @varunsrin, Farcaster labels itself a 'sufficiently decentralized social network.'

Right now the project is still in private Beta, but I'm loving the experience so far.

Native mobile & desktop experience + great convos Image
Read 8 tweets
Alex Valaitis Profile picture
Nov 18
CeFi β‰  DeFi

It's crucial to educate others on why @FTX_Official was NOT a failure of DeFi, but highlights the need for it!

If you know anyone that's recently been turned off from crypto, this is a MUST READ 🧡 Image
We first need to understand how FTX was meant to work

FTX was a crypto custodian + exchange. This meant they (should've) taken customer deposits, invested them into cryptocurrencies that customers chose & then held these assets for them

They also allowed trading between assets Image
Like other centralized exchanges, FTX provided an important service:

It acted as an on and off ramp, to move between fiat currencies (like $) into cryptocurrencies and vice-versa.

However, there were many people that began to value a second service...the custodial services.
Read 22 tweets
Alex Valaitis Profile picture
Nov 17
Gotta love this "Web3 education" page @cryptonary plagiarizing my content almost 1:1

I'll leave my thread (published 24 hours earlier) vs their thread in the comments below

You all be the judges... Image
My thread:


Their thread:


Please let them know what you think in the comments
As an independent content creator, I will unapologetically defend my work from this type of plagiarized bullshit.

This content takes me a ton of time and energy to research/produce, and I do it entirely for free.

Very least people could do is not steal it.
Read 4 tweets
Alex Valaitis Profile picture
Nov 16
🚨@GenesisTrading is halting customer withdrawals

Genesis is owned by @DCGco which also owns @Grayscale

Grayscale holds $11 billion $BTC as part of its trust 😬
@GenesisTrading @DCGco @Grayscale Another interesting wrinkle in this development:

The news was first reported by @CoinDesk, which is also owned by @DCGco.

Feels unlikely that they would report on this if not serious.
Serious question:

When was the last time a CeFi exchange or lender, paused customer withdrawals and didn't end up going insolvent?
Read 5 tweets
Alex Valaitis Profile picture
Nov 15
No blockchain has been hit harder by the FTX fallout, than @solana

Here's a summary of:

-How Solana was impacted
-Why it could make a comeback

If you're involved with Solana, this is a MUST READ 🧡 Image
Over the past 2 years, Solana has rapidly risen to be one of the largest blockchains by both market cap and usage.

This growth was largely driven by @SBF_FTX who was both a massive investor and voice for the ecosystem. Image
FTX/Alameda had connections to Solana in 4 ways:

1) The $SOL token
2) Solana DeFi
3) Ecosystem investments
4) Parts of the Solana treasury
Read 19 tweets

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