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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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”
Even if you had a top of the line studio camera for 2008, that much data would store 6000 HOURS of video, or tens of MILLIONS of photos.
Based on the cameras they seized, that much storage would be closer to 12,000 hours of video or 50M+ images.
3/5
12,000 hours is 3 years of 24/7....
Not only is there no way that the FBI has reviewed all of that footage, there is no world in which one man, who did a billion other things, produced all that by himself...
It seems almost impossible for that to all be CSAM...
Here’s my fact check on EVERY one of Trump/MAGA claims regarding Fulton:
1) “Trump has the power to seize paper ballots”
No.
State infrastructure and vote archives have specific protections (see Miles’ post below). Paper ballots are supposed to be the untouched records we compare against.
Taking them means any evidence he would have is now tainted.