Data's cool. Man above is cooler.
"The idea of destiny is a phrase that says they are coming to get us, but it is completed by another: go out to meet them.”
Dec 31, 2020 • 9 tweets • 2 min read
I have been arguing this for 2 years, the economics behind $DOT "rent" are broken and incentives push anyone thinking about running their own parachain to not want to either not want to give up so much control and dependency to Polka in exchange for economic uncertainty or...
...to run a chain that has NO dependencies to Polka but still uses substrate. Or they can plug $ATOM + IBC & run their own chain w less dependency but still have interoperability. Or they can just use $ETH where there's already actual users and things worth interoperating with.
Nov 3, 2020 • 11 tweets • 3 min read
The usual. Lying about what he's doing, misrepresenting himself, presenting centralized exchanges w no volume as "DeFi" to confuse people, endless masturbatory 400 tweet threads, "hedging" illiquid pre-sale coins he gets, "genius," ripping people off whenever he can, great guy.
The great @ReformedBroker got the details mostly right, but oversold risk involved for easy Blockchain laughs. @SDinwiddie_25 is turning his contract into a bond, taking the money raised up front, and then paying those who hold the tokens a 2.5% rate until he repays principal.