1/ On JPGs 99.999999% of the world either does not know about our JPGs or, if they do, are making fun of us. What could possibly be important about a JPG, a silly meme? This must be a mania, a bubble They are wrong because memes are the most important thing in the world

36/ "But 6529, look at all these ordinary people who bought a BAYC and have made $500K this year" This is also survivorship bias. Hodlers of 99% of the other new PFP collections this year that are down 75% aren't tweeting "#blessed, NFTs changed my life"

39/ "But what about if I only lever up 10%, isn't that OK?" The problem with this logic is "I am going to lever up 10%" is like "I am only going to smoke one cigarette per day" In theory, it is fine, in practice, leverage is a hell of a drug and one day you'll be rekt and sad

1/ The Solana Network is currently experiencing degraded performance due to an increase in high compute transactions, which is reducing network capacity to several thousand transactions per second. This is leading to some failed transactions for users.

Some Kazakhstan miners told us that the internet was temporarily restored on January 7th. In addition, the 4G network of Chinese phone is also intermittently effective. The industry expects that the country may return to normal next Monday.

Yes, you did lose all your money. But it’s not just about the money. You also spent years of your life researching internet coins and alienated all your friends.

Stepping back from data, its pretty fucked up that the government can release a report that says: "Hey it's 7% more expensive to live" and the stock market can go: "Wooo great lets go up" It's like *maybe* our economy is a bit disconnected from most people's reality.

Metaverse Hype Is Like Communist Propaganda: Soviet-Born Tech Founder businessinsider.com/metaverse-hype…

Man sells 933 selfies as NFTs for $3 each — and the collection's now worth millions theblockcrypto.com/linked/130057/…

UPDATE: told CoinDesk it froze the $160M of $USDT at the request of law enforcement, without providing further details. trib.al/lNnu4W2

"Today, Tether has frozen three addresses on the Ethereum blockchain containing $160m USDt upon a request from law enforcement. At the moment we are unable to disclose any further details," a Tether spokesperson wrote in an email.

Research Round-Up: 2021 Trends and Their Potential Future Impact fidelitydigitalassets.com/articles/2021-…

Just In: Shard 0, the main shard of the Harmony blockchain network, has stopped producing blocks for over 7 hours. Harmony stated that the network has suffered from multiple block propagation issues over the last 30 hours due to heavy spam traffic. reddit.com/r/harmony_one/…

If you need to think, try to think on your feet. You can try walking slowly around the room while thinking about something you're currently interested in. Try it and see if it fits you. Last I tried, I'd been walking almost a kilometer around my roon before knowing it.

From the perspective of large cash BTC buyers - Hayes, Silvert, Novo, etc don't think they are buying here - they are waiting for a macro reset. No one knows for sure if we actually see one but it hasn't happened yet Cash in uncertain environments is high EV

OpenSea is a great example of this phenomenon where startups have a ton of VC thrown at them, & VCs stroke the founder ego calling the founder a genius so much that the founder becomes disconnected thinking they are the only one who sees it 'right' while the company bleeds.

1/ There are no other constitutional rights in substance without freedom to transact Being meaning to write this for 6 months, but the Canadian response to the trucker protests is illustrating this so vividly, that today is the day.