A story in two pictures. A quick cautionary tale about Decentralized Finance (DeFi #dopefi). I had put some 1Inch and renDGB in a swap pool on 1Inch in order to take advantage of some staking rewards. Over the month or so the pool was being promoted, it got the rewards listed as advertised (about 50% […]Read more "Why Ethereum (ETH) is Unusable at $4,000+"
Recursion: It’s a Helluva Drug Let’s walk through the progression real quick. The world may never catch up to this, but here’s the state of things. The “blockchain” is a killer app. It is a concept, when implemented in “application” form, that absolutely destroy (“kills”) the technology is meant to update. That “technology” is the […]Read more "The Killer App of Killer Apps of Killer Apps of Killer Apps"
When it costs 5x to get your rewards as they’re worth, what is your liquidity? So fellow humans, you are holding ETH. Congrats! People are starting to realize what ETH is capable of (most people’s money isn’t Turing Complete….tulips certainly never were) and people are getting excited about it. Now…here’s a challenge: You’ve invested about […]Read more "ETH at ATH: What does this do to DeFi?"