pray.eth (๐Ÿฆ™,๐Ÿฆ™) (@pray_eth) 's Twitter Profile
pray.eth (๐Ÿฆ™,๐Ÿฆ™)

@pray_eth

Marketing @kpk_io. Ethereum aficionado. Cypherpunk wannabe. Views are my own. Believe in something. Just don't believe their lies...

ID: 1349346452284317701

linkhttps://www.praydefi.com/ calendar_today13-01-2021 13:26:38

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pray.eth (๐Ÿฆ™,๐Ÿฆ™) (@pray_eth) 's Twitter Profile Photo

DeFiScan is an amazing resource on the state of decentralization within many of the most popular DeFi apps. You should definitely bookmark their site and check it regularly, it's highly educational. Bravo to The DeFi Collective (๐Ÿœ,๐Ÿœ, ๐Ÿœ) for building this!

pray.eth (๐Ÿฆ™,๐Ÿฆ™) (@pray_eth) 's Twitter Profile Photo

Every time I see a US restaurant chain try to force Bitcoin on their customers... Stablecoins are for payments, not BTC. Ethereum is the preferred network for stablecoins, not Bitcoin. Bitcoiners are just confusing the market. You are digitial gold, that's it.

Every time I see a US restaurant chain try to force Bitcoin on their customers...

Stablecoins are for payments, not BTC. Ethereum is the preferred network for stablecoins, not Bitcoin. 

Bitcoiners are just confusing the market.  You are digitial gold, that's it.
pray.eth (๐Ÿฆ™,๐Ÿฆ™) (@pray_eth) 's Twitter Profile Photo

Are L2s buying ETH with revenue? SER is a great resource to find out: strategicethreserve.xyz Which EVM chains are Ethereum aligned? Gnosis Chain ๐Ÿฆ‰ Arbitrum That's it?? Are there any others? Why isn't optimism.eth on that list? Polygon? Where are the other L2s???

pray.eth (๐Ÿฆ™,๐Ÿฆ™) (@pray_eth) 's Twitter Profile Photo

From 2026, the UK will force crypto firms "operating in the country" to KYC all users. Snippet: "Platforms will need to identify every user and record their legal details, addresses, and tax identification numbers." ๐Ÿคก dlnews.com/articles/regulโ€ฆ

pray.eth (๐Ÿฆ™,๐Ÿฆ™) (@pray_eth) 's Twitter Profile Photo

The biggest mistake the Ethereum community made over the past few years was neglecting to compare ourselves to Bitcoin, non-stop. The result? I would guess 90% of normies think Bitcoin is home to stablecoins and DeFi. 100% think ETH emissions are higher than BTC.

pray.eth (๐Ÿฆ™,๐Ÿฆ™) (@pray_eth) 's Twitter Profile Photo

Yesterday was a great day for stablecoins! Not the GENIUS ACT. But the launch of Liquity V2 on Ethereum! ๐ŸŽ‰ Centralized stablecoins like USDT and USDC dominate DeFi. Decentralized stablecoins like BOLD and LUSD are 0.4% of the total stablecoin market. ๐Ÿ˜ฑ $BOLD = cypherpunk!

pray.eth (๐Ÿฆ™,๐Ÿฆ™) (@pray_eth) 's Twitter Profile Photo

Hello Luca Netz ๐Ÿงโœณ๏ธ, happy to see you build on EVM and support the wider Ethereum ecosystem! It would be great to see Abstract and Pudgy Penguins move their treasuries onchain, and use ETH as your SOV. You can then list your project here: strategicethreserve.xyz Thanks!

pray.eth (๐Ÿฆ™,๐Ÿฆ™) (@pray_eth) 's Twitter Profile Photo

Very happy to see Safe Boost is back on Gnosis Chain. ๐Ÿ™ Great partners, as well... If you are active on Gnosis Chain, it's a great time to set up a Safe and profit.

pray.eth (๐Ÿฆ™,๐Ÿฆ™) (@pray_eth) 's Twitter Profile Photo

Bitcoin has escaped crypto's orbit. It's now just "digital gold." BTC is not even trying to be a transactional currency. It's mined by large corporations and bought on centralized exchanges. Coinbase manages custody for most users. It has one use case: hodl. Cypherpunk? ๐Ÿคฃ

Bitcoin has escaped crypto's orbit. It's now just "digital gold." 

BTC is not even trying to be a transactional currency. It's mined by large corporations and bought on centralized exchanges. Coinbase manages custody for most users.

It has one use case:  hodl.

Cypherpunk? ๐Ÿคฃ
pray.eth (๐Ÿฆ™,๐Ÿฆ™) (@pray_eth) 's Twitter Profile Photo

Your friendly reminder that decentralized and semi-decentralized stablecoins combined make up just 4% of total supply. 96% are fully centralized, corporate controlled. It doesn't have to be this way. But we need to stop using USDC and move to BOLD, LUSD, crvUSD, GHO, etc.

pray.eth (๐Ÿฆ™,๐Ÿฆ™) (@pray_eth) 's Twitter Profile Photo

I flagged the crazy KYC process at Coinbase in May 2024. I was shocked I had to send highly sensitive info to a team in India that had very little understanding of crypto. Their questions were non-sensical. They were incompetent. As I wrote, a data leak would be a disaster. ๐Ÿคทโ€โ™‚๏ธ

kpk (formerly karpatkey) (@kpk_io) 's Twitter Profile Photo

๐Ÿ“ข dYdX Treasury SubDAO Update ๐Ÿ” Over 500K DYDX bought back through the buyback programme โœ… OTC purchase proposal approved ๐Ÿ“Š New dashboard launched to track it all Letโ€™s break it down ๐Ÿงต๐Ÿ‘‡

๐Ÿ“ข <a href="/dYdX/">dYdX</a> Treasury SubDAO Update

๐Ÿ” Over 500K DYDX bought back through the buyback programme

โœ… OTC purchase proposal approved

๐Ÿ“Š New dashboard launched to track it all

Letโ€™s break it down ๐Ÿงต๐Ÿ‘‡
pray.eth (๐Ÿฆ™,๐Ÿฆ™) (@pray_eth) 's Twitter Profile Photo

.Jeet Heer: on the Majority Report with Sam Seder you said: "The only thing crypto allows you to do is financial transactions that can't be monitored." This is completely false. In fact, quite the opposite! ๐Ÿคทโ€โ™‚๏ธ I like your political analysis, but you should take the time to

.<a href="/HeerJeet/">Jeet Heer</a>: on the Majority Report with <a href="/SamSeder/">Sam Seder</a> you said:

"The only thing crypto allows you to do is financial transactions that can't be monitored."

This is completely false. In fact, quite the opposite!  ๐Ÿคทโ€โ™‚๏ธ

I like your political analysis, but you should take the time to
pray.eth (๐Ÿฆ™,๐Ÿฆ™) (@pray_eth) 's Twitter Profile Photo

The key metric for the crypto market is stablecoin growth, which remains up and to the right. We need to bring more money onchain, and stablecoins are how we onboard the masses. Eventually this money makes its way to Aave, Curve, and hopefully your favorite crypto project...

The key metric for the crypto market is stablecoin growth, which remains up and to the right. We need to bring more money onchain, and stablecoins are how we onboard the masses. 

Eventually this money makes its way to Aave, Curve, and hopefully your favorite crypto project...
pray.eth (๐Ÿฆ™,๐Ÿฆ™) (@pray_eth) 's Twitter Profile Photo

I'm trying to do more on LinkedIn. I think we can onboard serious people to crypto through that platform. Most interactions: 1โƒฃ Person connects with me 2โƒฃ Proceeds to spam my inbox with their product/solution Not even an attempt to engage in any meaningful way. ๐Ÿคทโ€โ™‚๏ธ

pray.eth (๐Ÿฆ™,๐Ÿฆ™) (@pray_eth) 's Twitter Profile Photo

I think a blockchain freezing funds is fine for an L2, if advertised that they will take action against "bad actors." Users on that chain should plan accordingly. But for an L1, it's like crossing the Rubicon. You cannot easily go back.

pray.eth (๐Ÿฆ™,๐Ÿฆ™) (@pray_eth) 's Twitter Profile Photo

This is why we DeFi. Not to beg for favorable stablecoin legislation from the same lawmakers who support genocide. But to create a fair, transparent, inclusive network for global finance that exists beyond centralized control.