Artist, Photographer, Hiker, Nature Lover, I sometimes shitpost

Wall street loves Bitcoin. Throw all your normal metrics in the trash. Real money is here.
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Some bangers from the SEC today: 1) buybacks do not make a commodity token into a security 2) liquid staking tokens for commodities are not securities sec.gov/about/divisions-offi…
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If I'm right and we'll head into the next stage of the bull market soon-ish We'll have one big price event where most things reprice all at once That'll be the sign for most sidelined people that we are indeed in a bull market Which is as usual late but that's just how it goes
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BREAKING: JPMorgan now has almost $1 billion in tokenized funds on Ethereum
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SEC out here providing crypto clarity on a Friday afternoon a week after Clarity Act failed… Regulators moving quickly & aggressively. Politicians will catch up at some point, when it suits them.
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I have no issues with Solana's insane centralization (since it is atleast fast) but the fact of how big of a piece of shit it is while being centralized and everything easily controlled/changed quickly is actually absolutely incredible.
Lost $20K USDC today to one missing character on Solana. I was repaying a loan on Solana and was using the protocol in backpack, I copied my address from backpack, pasted it into Binance and After sending, I realized the last "J" in the address was gone. Still a valid Solana address, so it went through. Almost certainly nobody holds the key. First time losing money in a very stupid way. I blame Binance, but that's probably because I'm a little salty right now.
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Absolute legend
Claim portal is coming together and should be out within a few hours. Thank you for everybody donating through X Money. If you'd prefer to donate ETH/tokens, I spun up a dedicated address: nftsaresafu.eth In addition to the time spent and yet to spend, last night cost me $7500 in gas, so I appreciate all of the support 🫡
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Southern fried crypto retweeted
*SEC STAFF ISSUES FAQS ON CRYPTO ASSET SECURITIES LAWS APPLICATION *SEC STAFF: TOKEN BUYBACKS ON FUNCTIONAL PROTOCOLS DO NOT CONSTITUTE MANAGERIAL EFFORTS *SEC STAFF: LIQUID STAKING TOKENS ARE DIGITAL COMMODITIES OR TOOLS, NOT SECURITIES *SEC STAFF: MAINTENANCE, ENHANCEMENTS, SYSTEM GRANTS NOT CONSIDERED ESSENTIAL MANAGERIAL EFFORTS *SEC STAFF: PROMOTING CRYPTO UTILITY WITHOUT PROFIT CLAIMS GENERALLY NOT AN INVESTMENT CONTRACT
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Southern fried crypto retweeted
LATEST: ETHEREUM $ETH EXCHANGE SUPPLY HITS A RECORD LOW, WITH 3.49% OF TOTAL SUPPLY LEFT ON TRADING PLATFORMS
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Super cool
94 AAPLc ($31k) in bids for BITE on @base 55 SPCX ($8k) in bids for RDOG on @RobinhoodCrypto Not bad for day 1. Those auctions graduate to tokens tomorrow The memestock creation process and the CCA auction page is now more clear. Try it out (free!) at autolaunch.sh/create
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Southern fried crypto retweeted
All roads lead to debasement.
The dilemma: If the Fed hikes it will worsen the interest expense problem (since so much borrowing is at the short end). If the Fed cuts it will worsen the inflation problem.
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Holy shit
The average interest rate on a 30Y mortgage is up to 7.45%, its highest level in 3 years. This officially pushes the payment on a $500,000 mortgage to $3,479/month. By comparison, the same mortgage came with a payment of $2,995/month just 7 months ago. That's an additional $5,813/year in mortgage interest expense for homebuyers. Mortgage rates are now up +150 basis points since late-February.
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This is actually really really not good
Unbelievable. 3 hours later and the 10Y Note Yield is now above 5.20% for the first time in 19 years. The 10Y Note Yield is now up +50 basis points in 30 days and +30 basis points in 2 days. Even more remarkable is that the average American has no idea this is happening. Yet. The bond market is imploding in front of our eyes.
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Coming up on 5 months since we last heard from Erik's bird. Is it getting close for everyone to accept Erik and Jesse were actually not able to build a decent agent ? I find it hard to believe but I guess the evidence is pointing to that being the case.
Replying to @beeboopx
The Book IV quote from last week. Great progress Erik!
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Southern fried crypto retweeted
JUST IN: U.S. Treasury buys back $4,078,000,000.00 in 20 to 30 year bonds.
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they really messed up not just passing clarity lol
FEDERAL RESERVE: Federal Reserve Board requests public comment on two proposals related to establishing a regulatory framework for Board-supervised payment stablecoin issuers under the GENIUS Act federalreserve.gov/newsevent…
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Southern fried crypto retweeted
Vitalik: Ethereum is Becoming More Than a Blockchain Speaking at the 2026 Shanghai Blockchain International Week, Ethereum co-founder Vitalik Buterin shared a broader vision for where Ethereum is heading. His main point: Ethereum is evolving from a blockchain that executes everything into a global system focused on computation, privacy and verification. Here are the key ideas: 1/ ZK is becoming the foundation → Instead of every node doing the same computation, users or other systems can do the work and generate a proof. Ethereum only needs to verify that proof. 2/ Privacy becomes programmable → Vitalik said blockchain is moving beyond simply answering “Who can send what?” The next question is “Who can see what?” This means applications could control which information is visible without exposing everything publicly. 3/ Scaling through proofs → Complex computations can be split, processed in parallel and compressed into proofs before being verified on Ethereum. This could allow much more computation without putting all of it directly on-chain. 4/ Ethereum becomes a full pipeline → Vitalik described a future involving user devices, private transaction pools, multiple participants, block construction, L2s and finally Ethereum for verification. Ethereum does not need to perform every step itself. 5/ AI changes development → AI can help developers write, test and formally verify increasingly complex cryptographic systems. Vitalik believes this can make advanced Ethereum infrastructure both faster to build and more secure. 6/ Quantum resistance matters → Ethereum is also moving toward quantum-safe cryptography, with STARK-based systems playing an important role in the longer-term roadmap. Ethereum's future may not simply be about making the L1 faster. It is about building a trust layer where computation can happen anywhere, privacy can be programmed, and complex results can be mathematically proven and verified on-chain.
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interesting. Glad to see these guys still building
Self-Repaying Loans are now Based. Alchemix is now live on @base. It's our fastest deployment yet, and the only chain where v3 runs unrestricted, with four-week Transmuter terms and no caps. Here's what Based Alchemix looks like...
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Super cool
Shielded Bitcoin: Private Transfers on Bitcoin L1
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The exact same accounts who didn't understand Solana was centralized and not a serious ETH competitor can't understand why Zcash isn't the next bitcoin. You can't fix stupid.
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