@ETHGlobal Tokyo was amazing! Met a lot of talented individuals from around the world, always a humbling experience. Had AMAZING food the entire time, and explored Shibuya till I couldn't walk no more. 10/10 would recommend (Here's a pic of Hachiko to bless your feed)

we really got GPT 6 before GTA 6

Who compares prompting machines to managing feelings, real life getting in the way and bringing people together towards the same business goal has not been a manager ever

at a job interview "whats your biggest weakness?" "understanding the semantics of a question but ignoring the pragmatics" "could you give an me an example?" "yes i could"

Use my referral link to join the JTX waitlist. jtx.trade/?ref=ssdd

"so you staked your ETH on the Ethereum blockchain to earn yield?" "yes, Dave" "except you didn't want your capital to be locked up so you actually staked it with a liquid staking protocol called Lido?" "that's correct, Dave" "and Lido gave you a liquid staking receipt token called stETH in return?" "yes, Dave" "and then you didn't think that was enough, so you juiced the yield even further by depositing your stETH receipt tokens into a restaking protocol called Eigenlayer?" "you are correct, Dave" "and now you didn't want to lock up your capital, so you actually restaked with a liquid restaking protocol called KelpDAO who provided you with a liquid restaking receipt token called rsETH?" "you got it, Dave" "and then that was surely not enough juice, so you then deposited your rsETH tokens into a lending protocol called AAVE so that you could open a leveraged looping position that borrows ETH against the rsETH collateral and restakes the ETH into rsETH which is then deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero whose security is held together by a 1/1 toothpick, which was obviously hacked by north koreans causing rsETH to become undercollateralized and now these looping positions are stuck and unprofitable, and everyone is pointing fingers at each other, and also DeFi is a very serious industry" "you are 100% correct, dave" jfc.

Yep this is the correct take. Running a startup in Singapore is so negative EV that you select for retards who failed out of system, high functioning autists that refuse their place in the system and wealthy heirs trying to make their name outside the system. The retard class is almost uninvestable, except for those who pivoted into the shadow economy (nightclubs, ktvs, gambling etc) in their teens and still maintain a code of brotherhood but good luck getting access to these people or convincing them to let you ape their KTV / Johor Vape Run. Avoid the system dropouts that pivoted to insurance sales like the plague (they basically sell financial scams to the elderly) and they will rug in the blink of an eye too. You might find a diamond in the rough that previously worked at a local tech company like Grab, Shoppee etc but it’s like finding a needle in a haystack bc it’s hard to tell them apart from a retard that got fired and will be pivoting into insurance if the startup LARP fails. The high functioning autists are more investable but there are two main problems. To clarify - these are kids preordained by the Singapore system for high finance, bigtech, biglaw, medicine and other “high value” professions alongside a 2 million dollar mortgage but have somehow rejected their destiny. The first problem is discoverability. The first class of autists fuck off to the West Coast, London or godforbid Berlin for college where they embrace and explore all their quirks that made them feel out of place in Singapore. The ones who went to Berlin are lost forever. The ones that went to California / London might, after a few years of self-discovery often involving sex, drugs and rock and roll financed by autistic superpowers or their parents, return to Singapore after either a family tragedy, the false promise of a good Asian wife / husband or their Western tax bill. You might be able to invest in them then as they seek funding for some grand moral mission to embrace or reject capitalism in their autistic niche area. But the second class of autists that are investable don’t leave Singapore at all. You will find them in STEM, geeking out in the laboratories and computer science departments of universities, possibly in A Star. They speak a maximum of five sentences a day and are largely incapable of maintaining extended eye contact. But behind those bespectacled eyes in the acne scarred face is the potential engine of a billion dollar empire. Or a Chinese spy. Too bad you don’t speak autist. The second problem is economic alignment. The autist does not understand money the way you do, if they did, they would be on half a mil+ comp packages within the system. You think just because you found them and funded them they work for your bags? No sir - they work for the mission. And you better pray that mission has the side effect of increased enterprise value or a path to liquidity. If not - thank you for your donation we will be applying our next gen quantum computing capabilities to solve poverty in sub-Saharan Africa. Finally, the wealthy heirs. Success in the system means nothing because they will never emerge out of their parents’ shadow. Their grandfathers name is on your university lecture theatre. Desperate to make a name for themselves, they will reject the family mandate to manage the real estate portfolio in order to found a startup. They might even take your venture cheque even though your fund is smaller than his inheritance bc an external fund provides “validation”. You will vie for allocation alongside people who want an intro to their dad. Pros - they have near infinite funding and networks. Downside - they don’t care about money and might be retarded. Good luck getting an exit.

Zapier’s CEO just released their internal AI hiring rubric. “Capable” AI operators are no longer hireable. The new floor is "Adoptive.” What gets you rejected now: Marketers who use AI for first drafts and edit output manually. Can’t show before/after evidence of AI implementations/prompts. Using LLMs for campaign ideation without personalization. What will get you hired: Repeatable, shareable prompt libraries that and always-on workflows that run without your supervision. Specific measurable results that signal where to push next. This is the new baseline.

cooking

I was recently at Real World Crypto (that's crypto as in cryptography) and the associated side events, and one thing that struck me was that it was a clarifying experience in terms of understanding *what blockchains are for*. We blockchain people (myself included) often have a tendency to start off from the perspective that we are Ethereum, and therefore we need to go around and find use cases for Ethereum - and generate arguments for why sticking Ethereum into all kinds of places is beneficial. But recently I have been thinking from a different perspective. For a moment, let us forget that we are "the Ethereum community". Rather, we are maintainers of the Ethereum tool, and members of the {CROPS (censorship-resistant, open-source, private, secure) tech | sanctuary tech | non-corposlop tech | d/acc | ...} community. Going in with zero attachment to Ethereum specifically, and entering a context (like RWC) where there are people with in-principle aligned values but no blockchain baggage, can we re-derive from zero in what places Ethereum adds the most value? From attending the events, the first answer that comes up is actually not what you think. It's not smart contracts, it's not even payments. It's what cryptographers call a "public bulletin board". See, lots of cryptographic protocols - including secure online voting, secure software and website version control, certificate revocation... - all require some publicly writable and readable place where people can post blobs of data. This does not require any computation functionality. In fact, it does not directly require money - though it does _indirectly_ require money, because if you want permissionless anti-spam it has to be economic. The only thing it _fundamentally_ requires is data availability. And it just so happened that Ethereum recently did an upgrade (PeerDAS) to increase the amount of data availability it provides by 2.3x, with a path to going another 10-100x higher! Next, payments. Many protocols require payments for many reasons. Some things need to be charged for to reduce spam. Other things because they are services provided by someone who expends resources and needs to be compensated. If you want a permissionless API that does not get spammed to death, you need payments. And Ethereum + ZK payment channels (eg. ethresear.ch/t/zk-api-usage-… ) is one of the best payment systems for APIs you can come up with. If you are making a private and secure application (eg. a messenger, or many other things), and you do not want to let people to spam the system by creating a million accounts and then uploading a gigabyte-sized video on each one, you need sybil resistance, and if you care about security and privacy, you really should care about permissionless participation (ie. don't have mandatory phone number dependency). ETH payment as anti-sybil tool is a natural backstop in such use cases. Finally, smart contracts. One major use case is _security deposits_: ETH put into lockboxes that provably get destroyed if a proof is submitted that the owner violated some protocol rule. Another is actually implementing things like ZK payment channels. A third is making it easy to have pointers to "digital objects" that represent some socially defined external entity (not necessarily an RWA!), and for those pointers to interact with each other. *Technically*, for every use case other than use cases handling ETH itself, the smart contracts are "just a convenience": you could just use the chain as a bulletin board, and use ZK-SNARKs to provide the results of any computations over it. But in practice, standardizing such things is hard, and you get the most interoperability if you just take the same mechanism that enables programs to control ETH, and let other digital objects use it too. And from here, we start getting into a huge number of potential applications, including all of the things happening in defi. --- So yes, Ethereum has a lot of value, that you can see from first principles if you take a step back and see it purely as a technical tool: global shared memory. I suspect that a big bottleneck to seeing more of this kind of usage is that the world has not yet updated to the fact that we are no longer in 2020-22, fees are now extremely low, and we have a much stronger scaling roadmap to make sure that they will continue to stay low, even if much higher levels of usage return. Infrastructure for not exposing fee volatility to users is much more mature (eg. one way to do this for many use cases is to just operate a blob publisher). Ethereum blobs as a bulletin board, ETH as an asset and universal-backup means of payment, and Ethereum smart contracts as a shared programming layer, all make total sense as part of a decentralized, private and secure open source software stack. But we should continue to improve the Ethereum protocol and infrastructure so that it's actually effective in all of these situations.

Visiting the @Logos_network conference. If you’re in Lisbon. Come say hi!

Anthropic’s new advanced tool calling is gold and I’m surprised not many people talk about it - Programmatic tool calling - Dynamic filtering - Tool use examples - Tool search … Here is a quick 3 min break down 🧵👇

If I did not believe in ETH as SOV I would not hold ∼90% of my net worth in it.

$10M ARR is the FU MONEY of SaaS. At $10M ARR bootstrapped, you and your co-founder clear $1M+/year in salary and dividends easily. You can sell instantly for $30-40M. There are hundreds of EBITDA buyers at this level vs. a handful at $1B valuations. From here, you can do whatever you want. Hire a CEO and work 1 hour/week. Grind 100 hours if that's your thing. Raise $50M from a position of strength. Scale to $25M ARR with 25 people and pay yourself $10-15M/year. Most companies never get here because VCs show up early with decacorn dreams and money you don't need. That capital interferes with the one thing that makes you great: product-market fit. Bootstrapping to $10M ARR is easier and less risky than creating a VC-backed unicorn, with a far higher probability-weighted outcome. If you can find PMF and use customer money to get to $10M, you can do anything you want with your life.

Geo is becoming its own protocol ✨ We will be users of @graphprotocol as The Graph continues to lead in indexing for web3 Geo’s mission is to help communities build a shared, open, and decentralized network of knowledge Here’s how ↓

Testosterone starts dropping by 1% per year after age 30 in men Testosterone is important for: + building muscle and bone + regulating mood, focus, and motivation + protecting against fat gain and insulin resistance Low T leads to weak muscles, poor sleep, brain fog, and faster aging Good sleep, nutrition, and exercise all improve testosterone

you mean the ultrasound money danksharding blobs fees global L2 alignment taxes RWA settlement layer based sequencer MEV cult of Vitalik ZK infinite garden narrative is too complex for people to understand? how could this happen?