Joined January 2019
1,004 Photos and videos
bjj retweeted
My theory is that the American empire is JUST getting started. US has a stranglehold on Space with SpaceX, which is the next frontier for defense/war. It has a comically large lead. No one will be close for at least 20 years. It is the leading power in AI by far - both in models and chips. China is catching up fast, but the US has an inherent mechanism that will increase the likelihood that it will win in the end - a free market capitalism free speech. A free market capitalism allows for brutal competition between companies. Free speech allows for AI models to be maximally truth seeking, which means that AIs CAN and WILL BECOME smarter than humans to the point where they can tell the truth about its leaders. This is literally impossible in China. Try having a Chinese model that says Xi Jinping is corrupt. Good luck with that. Then, you have a country that has more guns than people and surrounded by two massive oceans and two friendly neighbors, which means any sort of kinetic take over of the country is literally impossible. Not to mention the US has BY FAR the best and strongest military. The only way adversaries can hope to defeat the US is by tearing it from within by pitting us against each other. This is why it's virtually guaranteed that all the division/hatred/polarization you see within the country is fomented by China/Russia Psy Ops propaganda efforts. I'm not saying these aren't naturally happening in spots - America is far from perfect - but it would be naive to think our adversaries aren't pouring millions of gallons of fuel on a fire. As long as the American public a) has the ability to exercise its free speech b) has a protected 2nd amendment c) capitalism and free markets continue to function and d) the populace is aware of how awesome America really is, it is literally impossible to stop the US's trajectory to global domination in the coming decades, especially as China's demographics continue to collapse. It's the bottom of the 9th, the game is tied, and the US has the bases loaded. It's a 3-2 pitch. All we need is a home run, and we win the rest of the century.
Something miraculous is happening in the USA and the world thanks to the World Cup and the USA’s 250th. I’m not quite sure yet what it is, I have to give it more thought. I think it has something to do with the world realizing that managed decline is not necessary (with Trump’s America as the example), and I think it has something to do with more Americans not being afraid to be patriots about their nation and their culture. It’s more than that though—I have to ponder. Article coming when I figure it out. Any and all ideas welcome.
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bjj retweeted
There you go. The United States is built on a limitless ethos of entrepreneurship, innovation, and excellence. Canada is built on feminized and "empathetic" parasitic taxation fuelled by envy and resentment toward those who produce.
JUST IN🚨: SpaceX is now worth more than Canada.
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The RAILGUN privacy set has now achieved over $5.16 billion in private volume. More RAILGUN private volume means a more robust privacy set which leads to support for more private volume. The strength of RAILGUN comes from the constant flow of activity through it.
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bjj retweeted
Nice work @LiquityProtocol Well, ETH isn’t going back to 4k anytime soon. Might as well deposit my ETH here while enjoying 10% yield 🥰 At the same time, help deepening the liquidity of BOLD and increasing its adoption. After all, DeFi needs a strong decentralized stablecoin.
The ETH Yield-Machine ✅ 10% on ETH ✅ Grows BOLD supply ✅ Improves BOLD liquidity ✅ Pays bribes to LQTY stakers for 3 months❗ A new PIL initiative has been proposed to boost the new ETH carry vault on @ipor_io, which has quickly attracted $1.5M in TVL Let's break it down
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bjj retweeted
$ETH gets hate, but $SOL isn’t in a much better spot: Sure, Solana generates similar fees, and it’s cheaper and faster. Its monolithic design also doesn’t suffer from L2 leakage like Ethereum. But Solana doesn’t have the same neutrality, decentralization, or censorship-resistant premium that Ethereum has. Worse, we make fun of the EF for dumping $ETH, but we don’t even really know how much the Solana Foundation holds (and sells) in $SOL. Their last 'Transparency Report' was published in Aug 2020 Whales also seem to prefer Ethereum for high-value DeFi: Solana has ~$5.2B in TVL vs ~$42B on Ethereum. Even BNB Chain has more. Solana benefited from memecoins, but it hurt its reputation. And the pivot to perps is a crowded arena, with HL and all major CEXs competing for it. Tokenization of stocks is amazing, but Ethereum leads in RWAs too. I still hold some $SOL and want it to do well, but it’s possible $SOL is the new $ETH, and it may take Solana years to find its next engine for growth.
JUST IN: Solana officially posts its 8th straight monthly decline.
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bjj retweeted
Make Ethereum Foundation acquire Liquity and $BOLD stablecoin. Mint loads of BOLD with $ETH collateral. Demand for ETH pumps. Pair everything with BOLD in Defi. Replace USDC. Everyone wins.
May 30
Circle's compliance system flagged an external depositor's wallet. Because that wallet held funds in the cUSDC contract, the entire contract was swept into a standard holding freeze. This is collateral damage, not a sanction against the Zama Protocol. Our legal team is already engaged to isolate the flagged address and restore access for all unaffected participants as quickly as possible.
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Someone is watching your wallet if it doesn't start with 0zk.
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RT @ipor_io: The Liquity ETH Carry strategy sourcing yield from @LiquityProtocol and @CurveFinance ecosystems has seen rapid growth over th…
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bjj retweeted
if wealthy elites are scared of govt confiscation (part of ZEC/NEAR thesis), they should also be scared of govt immobilization (it's another form of confiscation) only Ethereum has survived a nation state attack on privacy (tornadocash), and with Railgun you can do all your banking and investment shielded through DeFi you will never need to leave Ethereum, you will never need to unshield even while enjoying rich DeFi composability the best part of a privacy thesis for ethereum is that for those who are bullish the more wall st narratives, well, institutions also value privacy and can come along for the ride and synergize you will be able to hold shielded tokenized stock for years, and no one will know when you sold it, or you can hold USDC or anything you want you want your private money to do more than just sit there and cross your fingers the single-asset SoV play holds its value while shielded you want your private money to be usable, invested, and investable hence Ethereum/ETH is the ultimate paranoia play -- sanctuary money in a cyberpunk world x.com/lex_node/status/202627…

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bjj retweeted
$RAIL is the zec of ethereum. zec is currently a $10B MC coin. Rail is only $130M and Railgun is making more money than Zodl wallet who had to raise money earlier this year.
Updated ethereum:0xe76c6c83af64e4c60245d8c7de953df673a7a33d (@RAILGUN_Project) Thesis: TL;DR: The Ethereum privacy play - 1) Kohaku soon 2) Massive distribution boost for Railgun 3) RAIL token cheap ~~~ Added more to my RAIL position last night, as there seems to be motion on the Kohaku front once again. For those of you who don't know, Kohaku is a wallet SDK built by the @ethereumfndn that enables any EVM wallet to easily integrate privacy solutions such as Railgun, @0xprivacypools, and @TornadoCash. Kohaku will massively improve the privacy UX on Ethereum, making private transactions as simple as any other. The main hurdle to privacy adoption in crypto has always been UX (see what happened to zcash:native after @zodl_app improved Zcash's UX), so I believe that Kohaku represents a meaningful catalyst for privacy on Ethereum. Just yesterday, the EF shipped code for an alpha version of Kohaku's Railgun integration (Note: Kohaku is already live on testnet, so mainnet is the next step). Furthermore, @ambire, whose wallet was forked by the EF as the source code for Kohaku, is aiming to have the Ambire wallet integrate Kohaku this summer. Once Kohaku is live, I firmly believe that Railgun will be one of the main beneficiaries. Railgun is already the top privacy protocol by revenue, and the Kohaku integration should give it a *massive* distribution advantage that will, hopefully, add multiples to its current metrics. Likewise, RAIL will directly benefit as well. All revenue goes to the Railgun treasury, and 2% of the treasury is distributed to stakers every 2 weeks. This means that 52% of the treasury is distributed to tokenholders every year. RAIL also trades at an extremely favorable valuation. At its current $130 million FDV, it trades far below both the Ethereum ecosystem project and other privacy comps. Additionally, the token is fully circulating, and nearly 74% of it is staked, meaning that: 1) Float is only ~25% of the circulating supply 2) No hidden unlocks to dump on you Finally, with privacy being a hot narrative and Ethereum fully committed to CROPS, it's only a matter of time until Railgun gets its time to shine.
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bjj retweeted
BOLD is the largest unfreezable stablecoin on Ethereum 🥇 The Freedom Dollar. Other stables might be bigger, but they can also be seized - directly or through freezable collateral 👇 Hold $BOLD, be BOLD 😎 x.com/PharosWatch/status/205…

Stablecoins with no freeze function and a market cap above $10M: 1. BOLD 2. LUSD 3. HYUSD End of list. The unfreezable stablecoin market makes up 0.032% of the total stablecoin market.
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bjj retweeted
If you have $1M in wstETH and want to Borrow $500k in stables. On Aave (DeFi avg, 4.24%): $21,200/year in interest. On @LiquityProtocol (1.06% avg): $5,300/year. Same collateral. Same dollars out. ~$16k/year saved. That's a 5x reduction in cost of capital. Why is @LiquityProtocol cheaper? Because it's the first real interest rate market in DeFi. On @aave , an algorithm sets your rate. A utilization curve. The pool fills up, your rate spikes. A hack on a token you don't even own can move it overnight. You don't pick. You don't negotiate. You just pay whatever the function spits out. On Liquity, you set your own rate. Other borrowers do the same. The rates settle into a distribution. Set yours too low, you face redemption risk. Set it too high, you overpay. The market finds the price. That's the whole trick. And because $BOLD demand has been strong and the peg has held above $1, redemption risk for low-rate borrowers is near zero , so rates are compressed.
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bjj retweeted
BREAKING: Europe is considering Ethereum as the settlement layer for a Euro stablecoin. Not a pilot. Not a sandbox test. Real financial infrastructure. For sovereign money. The ECB's Christine Lagarde said Bitcoin would never enter European reserves. Now Europe is evaluating Ethereum to settle the Euro itself. Public blockchains are moving from crypto markets. To institutions. To governments. To sovereign settlement layers. This is not about hype anymore. This is about who controls the financial rails of the future. And Ethereum just entered that conversation.
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bjj retweeted
Onchain Profit - New ATH for @Celo ▸ Yesterday's ATH: $6,349.49 ▸ Annualized: ~$2.3 Million growthepie.com/fundamentals/…
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bjj retweeted
Live on @CNBC with @DianaOlick , our CEO @NataliePropy shared how blockchain is transforming real estate - from immutable records and smart contracts to secure, transparent transactions completed in hours instead of days. The future of real estate is faster, safer, and fully digital. Link for the full interview in the comments below 👇
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bjj retweeted
Why do BOLD and LUSD rank so high on @bluechip_org's stablecoin framework? TL;DR: - No admin or management - Rules enforced by code, not people - Immutable code backed by ethereum:native @levitben breaks it down 👇
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RAILGUN researcher @mesquka recently spoke at @ETHCapitalHQ in Seoul, discussing @Ethereum as the base layer infrastructure for a new internet. You can view the full event here: youtu.be/yA7_HrB3KlA
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RAILGUN has now hit $5 billion of total all time private volume. Every dollar of this private volume boosts the privacy set and increases every user's privacy. RAILGUN is now also the most active privacy protocol on Ethereum/EVM. Just getting started.
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bjj retweeted
Apr 29
Well, that escalated quickly.
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