Be patient. Don't overthink. Trust the process.

Stay patient. The best things happen unexpectedly.

You are not too late. You are right on time for your own story.

Be smart.

Interview with @pasternak because SuperFriend is LIVE!!

Lock In

有这么一句话在玩推特这几年感受颇深。 抱怨越厉害的人服从性越高，抱怨是对服从的发泄，而不是反抗。

E卫兵听令！集合！有一说一这条视频做完，感觉又充值信仰了…… 这条视频跟着JY来全面学习【面临“中年危机”的以太坊】 00:00 开场 00:34 以太坊到底是什么？（组织架构 ） 01:58 叙事与身份危机 03:40 性能困境与L2扩容迷途 06:39 治理失调 09:11 创新停滞 10:52 市值重力 12:13 突围之路 #Ethereum #以太坊 #ETH #vitalik @VitalikButerin

急则有失，怒则无智。

感谢 CC 给了 5 个 Morphblack 的白单，我看了下权益（web3 web2）挺不错的，我自己留一个～给你们抽 4 个，三连参加抽奖，下周一开奖

Great news! After years of litigation, millions of your taxpayer dollars spent, and irreparable harm done to the country, we reached an agreement with SEC staff to dismiss their litigation against Coinbase. Once approved by the Commission (which we're told to expect next week) this would be a full dismissal, with $0 in fines paid and zero changes to our business. This is hugely vindicating, especially because many people questioned my decision to engage in litigation with the SEC on this matter in 2023. People told me the courts would give a lot of leeway to the government. They said public market investors wouldn't like it. They said it would take years and cost us tens of millions of dollars in legal fees (which it did). They said the agency would use mafia tactics like trying to pressure other companies not to work with us while the lawsuit was underway (which they did). But I knew a few truths that helped make it an easy decision to fight them in court: 1. The SEC was wrong on the law. They were exceeding the authority given to them by congress by asking us to delist a number of assets that were not securities. We had taken a conservative approach to ensure we weren't listing any securities, and the SEC itself had allowed us to go public in 2021 after reviewing our listing standards in depth. We tried to “come in and register” but it turned out it was a fake offer, as every crypto company discovered. Regulators are supposed to enforce the law, but they can't make up new laws on the spot if they don't like the current ones, or weaponize a lack of clarity in the law. 2. Caving to their demands could have killed the crypto industry in America. The SEC made it clear to us that the only way to avoid litigation was to delist the many assets they falsely claimed were securities. It was a bullying tactic, pure and simple, driven by Gensler's own political agenda. And if we had caved, it would have dramatically limited the scope of which crypto assets were allowed in the US, and pushed the industry further offshore, into the shadows. Never forget how close a few activists in government came to unlawfully killing an entire industry in America! It could have easily gone the other way. Thank goodness the founding fathers created the judicial branch, as a check and balance on executive power. 3. It was the right thing to do for our customers and the industry. At the end of the day, it didn't matter what our chance of success was. I had to stand up for our customers’ and our industry’s rights. I also knew it would serve as a deterrent for future bad actors around the world we may have to engage with, for them to know that we won't be bullied or pressured. We are comfortable engaging in litigation across multiple fronts, indefinitely, while continuing to build. This is business as usual. As Bain in The Dark Knight says, "you merely adopted the dark; I was born in it". Growing up I had a naive view that regulators exist to hold companies accountable. What I realized in this ordeal is sometimes, companies must hold regulators accountable who are painting outside the bounds of the law, to preserve freedom. Accountability can actually happen both ways. At Coinbase, our mission is to increase economic freedom, and I initially thought we could achieve this solely through our crypto products. But I'm increasingly realizing that we can move the needle on economic freedom in the courts and through our policy efforts as well, when we see bad actors in government around the world. We plan to do more of this. I have to give credit here to the Trump administration, for winning the election, and for the departure of the activist head of the SEC, Gary Gensler, who orchestrated this unlawful action along with Elizabeth Warren, and a handful of their lackeys in congress. I feel confident we would have won this case in the courts either way, given our facts were so strong, but it certainly helped accelerate the process and drive accountability. I called out the sketchy behavior of the SEC back in 2021, and I believe this comment turned out to be prescient. I want to give a shout out to all the other crypto companies who fought back with their own lawsuits (we certainly were not the only ones). I want to give a shout out to all the crypto startups who couldn't afford the legal fees, and went bankrupt due to the administration's abusive tactics. Your company may have died, but crypto lives on. Don't stop building. I want to give a shout out to both Democrat and Republican members of congress, who are working hard to ensure America leads on crypto. I know that Gary Gensler and Elizabeth Warren do not represent the entire Democratic party. And I want to give a shout out to all the crypto holders in the US who elected pro-crypto candidates, on both sides of the aisle, to make sure your rights were preserved. It turns out the crypto voter is real, and showed up in the millions. Finally, I expect we'll continue working productively with the SEC on any number of items over the years, just as we do with every agency around the world where we operate. I look forward to the SEC being reformed under Paul Atkins, Mark Uyeda, Hester Peirce, and DOGE, and new more sensible personnel coming into leadership roles. I commend the new leadership that is already in place for working to right this wrong - it's a great step in the right direction, and took courage. Now let's get some crypto legislation passed in the US to finally clarify the rules, and really kick off this next phase of building.

On memecoins… Memecoins have generated a lot of buzz recently, and I’ve gotten some questions on how I think about them. I am personally not a memecoin trader (beyond a few test trades), but they’ve become hugely popular. Arguably, they've been with us since the beginning – Dogecoin is still one of the most popular coins. Even Bitcoin is somewhat of a memecoin (one could argue so is the U.S. dollar, once it was disconnected from gold). Just like the early days of the internet with animated gifs, new technologies often look like a toy but evolve into something much more powerful over time. So we should be open minded about where memecoins are going, even if some are silly, offensive, or even fraudulent today. Memecoins are a canary in the coal mine that everything will be tokenized and brought onchain (every post, image, video, song, asset class, user identity, vote, artwork, stablecoin, contract etc). Coinbase differentiates itself by being the most trusted and easiest to use platform in crypto, so how are we approaching memecoins through this lens? From first-principles, we believe in free market capitalism. If our customers want it, and it's legal, we aim to let them make that choice for themselves. But it's our job to provide them with the best information we can find to make an informed choice. If a token is a scam or fraudulent, we'd want to remove it. But if it's just low quality, the customer should be able to see reviews or community notes, and make their own choice. (Defining what is an outright scam vs low quality is often a blurry line btw, so you need to be careful not to accidentally create a censorship regime.) We want to provide useful information to consumers, not play judge and jury or endorse/recommend investments. Some memecoins have clearly gone too far lately, to the extent people are insider trading. This is illegal, and people should understand that you will go to prison for this. In every crypto cycle, there is a get rich quick crowd that comes and goes, and learns this lesson the hard way. Don't break the law! And don't try to get rich quick. You should get rich by contributing real lasting value to society (or at least be trying - it's not easy!). So where do we go from here? We should purge the bad actors and lift up the people trying to build lasting value. We want to bring the next billion users onchain, and the only way to do this is to build products and services which people want. Help them earn a living, avoid high fees when sending money to friends and family, find truth about what's happening in the world, or get a loan to grow their business. Give them access to sound money and financial infrastructure, to accelerate progress in the world. Memecoins have a role to play here, and I think will evolve to help artists get paid, track trends, or who knows what - it's too early to say, but we should keep exploring. Keep building with this long term mindset, and make something people want.

Pythia 和 Neiry 与亚洲社群的初次见面 x.com/i/spaces/1djxXVBdYyEGZ

We know you love Anastasia, and she's prepared something special for you 📸 But did you know there are actually two Anastasias at Neiry? The other Anastasia speaks Chinese and will be hosting the Chinese community AMA this Wednesday 19th Feb 1 PM UTC

就应该睡觉躲过米莱这一次大割！！ 以后看到这种我调头就跑🥹

$Pythia is in the works of creating a flywheel while most still think it's a meme. Note this isn't confirmed but this is my speculation on the direction @neirylab is heading.. Many think this is a meme.. which is what it originated as when launched but the team is moving the idea towards a mixture of DeSci, AI, DePIN, and Play to Earn. DeSci - Neurotechnology sector AI - Data sets to communicate DePIN - The Devices available for purchase P2E - Future utility of the coin DeSci/AI: With @neirylab, the product isn't only the rat, it's the device (entire experiment); what some reference as the USB plug. This device can be plugged into other animals and eventually humans. Utilizing AI tools like OpenAI and DeepSeek, it's able to signal to the host what it believes is the correct decision/response. Think J.A.R.V.I.S (Just a Rather Very Intelligent System) in Iron man.. but instead of visuals/voice, brain signaling. Brain data can be obtained through both invasive and non-invasive measures; such as their product lines. DePIN/P2E: Think Helium but for brain data which hit $4B last cycle utilizing their decentralized internet products. Note there is execution risk and many things need to go right for it all to play out correctly; same as any other project to reach these higher levels. The team has started off the flywheel by offering a 30% discount on their two product lines then later noted that they will be rolling out a "Think to Earn" feature (P2E). They have also shared on the AMA that all proceeds (if paid in other currencies) will be used to buy back $PYTHIA. Similar to models like helium, the device will be needed to earn coins. This become interesting as the company is already funded so they do not need to extract liquidity from the project to build out infrastructure since it's already available. What i believe we'll see is that people will start to purchase these devices (the team noted 100 have been sold) to participate in the "play to earn". This will create the flywheel effect if ROI is positive. As we've seen in other DePIN applications, if you can make multiples on your investment in the product, number go up and word spreads across normies. Flywheel starts to spin fast. Helium printed so hard that 3rd parties were covering the product costs in exchange for a % of the earnings; both parties still being profitable. If this works, I'd expect similar for this. By purchasing a device, you trade brain data for coins. The more devices sold, the more brain data is obtained for research and the more valuable @neirylab becomes; potentially the main data bank for neurotechnology. Closing: It's a win/win situation between the company @neirylab and the crypto community. The company becomes a brain data bank in return for money; which is what they do in web2 through research studies. However, this is the first to integrate blockchain into their business model. How much do you think brain data is worth for research? AI states that brain data today is hard to value but estimate a market value of $8B today. AI also predicts that the neurotechnology markets will reach over $55B by 2033 ($15B today). From these metrics, it tells me that we're very early in web3 as this sector hasn't seen attention in web2 yet.. With visionaries like @CathieDWood focusing on Genomics, it could be around the corner. Also, with @elonmusk focusing on a similar idea, it shows that this sector has some importance to the future of humanity. Excited to see how this plays out..

Rat with a plug, AI and sausages stimul-online.translate.goog…