Imagine claiming you “win” when you’ve got a fraction of the TVL, and most of the TVL and volume is memecoins slaughtering retail.
The point of the L2 thesis is that anyone can launch a trust guaranteed purpose built chain for their use case whether you like it or not.
Not that every L2 will gorge itself on low quality NFTs and shitcoin flipping.
But good maybe we shake out some of the people who don’t care about decentralization or removing middle men, they can chase memes get rinsed and we can get back to building without them complaining all the time 🤷♂️
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Trump has ERODED the US' global footprint in a way that will likely shape the world for the next century:
-Ending US aide
-Failing to stand up for Ukraine
-Violating sovereignty in Venezuela
-Weak statements on Taiwan
-Folding on Iran
-Having China push Iran to the table
-Ending US development investment in Africa and Latin America
-Trade wars with South East Asia
-Pushing Canada and the EU into deeper trade relations with China
These have all rapidly diminished the US global sphere of influence, to the smallest its EVER been in the modern era.
2/10
The US spent a century building a sphere of influence that was broad and unchallenged.
It triumphed through cultural export that came on the backs of economic development and unwavering defense agreements.
America was a country you could trust, and it's help was of value.
4/10
Under that doctrine, the US had it's peak global influence around the 2000s, especially as this aligned with EU peak influence and the EU was an unwavering US ally against the China-Russia axis.
Some Pakistani sources close to the negotiations think the current Iran trips are part of plan to *TRICK* American negotiators into a bias peace deal.
Aimed at *appearing* to appease the US until AFTER the midterms, and then continuing a hardline agenda.
2/7
* Multiple sources have told me that Iran’s discussion of any potential concessions are oddly fixated on the first 8-12 months.
* One source said they’ve been told that’s because Iran believes after the mid-terms Trump will be a “lame duck” not authorized for aggression
3/7
* The trips to Oman and Russia seem to be focused on having allies implement short term programs, that “take 6-8 months to implement” and have the “appearance of concessions”
* For Oman this would mean a “joint responsibility” in the Strait in a “transition phase”
And 7 others had JPL connections via NASA/JPL, Los Almos or MIT partnerships…
3/3
One concern, just like with the CIA overseas deaths, was if Trump had sold off classified information of top credentialed scientists to foreign adversaries.
Because 11 JPL/NASA/Los Alamos top scientists had all died or disappeared under mysterious circumstances while working on alternative energy research.
This is a *VERY* weird overlap giving that story has been in the press the past few weeks.
* Bubiyan Island is home to Mubarak Al Kabeer Port, which frequently sees roll-on/roll-off ships used for connecting heavy equipment between Kuwait and other gulf countries.
* It also faces the shallow landing port side of Kharg island.
3/11
* The US has relocated forces from Kuwait to a makeshift base on the island, apparently containing munitions and satellite equipment.
* That base was suddenly struck on April 6th, likely with intel support from China or Russia.
My live fact check thread of the State of the Union, where I’ll fact check (and share any important announcements) until I crash out with rage…
God help me!
My soul feels like Kavanaugh’s face…
2/
Trump enters, starts his speech to cheers of “USA, USA, USA” from MAGA.
With a noticeably sparse Dem side of Congress.
He claims America is “back” and richer than ever - which isn’t true.
The economy is notably on a decline.
3/
Trump calls this America’s golden age.
And claims he has solved most of the problems he has inherited… which is weird because he still is blaming the jobs report and market decline on the “Biden economy”