Eric Conner
@econoar
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Ethereum + AI | Pursuing the Self-Sovereign Self | Helping build @freysa_ai 🌱
Joined March 2008
We are so beyond fucked. The same people printing trillions are the ones now considering communist style price controls in an attempt to shift the blame on inflation that THEY created. Impossible to even comprehend at this point.
News: Harris to propose “federal ban on corporate price-gouging” on groceries and “impose stiff penalties in the food industry,” campaign announces.
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Can't say enough about all of the builders, researchers, coordinators and more that made this all happen. It's an absolutely incredible feat to transition a globally used blockchain to PoS without most end users even noticing or having to do anything. Truly incredible. Cheers.
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Donald Trump is starting to stake his ETH. Let me say that again. The President of the USA is staking ETH
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Coinbase just locked my account after trying to send $25k USDC . Wasn't @brian_armstrong just talking about debanking??? . Very cool!
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Just saw a Chase commercial promoting parents setting up a savings account for their baby. Chase savings rate is currently 0.01%. So if that family puts in $10,000, the kid will have made $30 when he’s 30. Enjoy your free lunch kid.
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President Trump has now bought 18,700 ETH in total, amounting to $63mn
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Do Kwon legit scammed retail out of billions and is partying it up tonight. Tornado cash devs wrote some code for privacy and are fearing for their lives tonight. The system is fucked and it’s time to fix it.
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In 2017 ETH ran to $420 and then fell ~70% to $130. Everyone said it was over, going to 0, etc. and then it ran to $1420. In 2021 ETH ran to $4900 and then fell ~70% to $1500. Everyone said it was over, going to 0, etc. and then it. We'll find out!.
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I am no longer a dot eth. Perhaps some day those in leadership roles will realign with the community but for now, I am out . Deep down, I truly hope Ethereum succeeds. Good luck.
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Dumping crypto because of a new COVID variant is the lowest IQ move I can imagine.
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Strategic ETH reserve announced tomorrow?. Imagine the cope.
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The Ethereum Foundation is a leftist driven, anti-winning swamp. 80% of budget can be cut and Ethereum would function and progress just fine. The problem is, they report to no stakeholders and the swamp only gets deeper, always resisting change . Cooked. Completely cooked.
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Dear Celsius, I wrote you but you still ain't responding. I tried to withdraw my BTC, my ETH, and USD at the bottom. But anyways; fuck it, what's been up? Man, how's your reserves?.
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Donald Trump bought the ETH dip. $2.5mn more in ETH added to his bag
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Ethereum block 12,965,263 just burnt more ETH than issued. The first deflationary block in history.
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Haven't seen ETH price action this bad since every day for the past 4 years.
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Reminder that ETH sat at $800 for multiple weeks last cycle while BTC flew past $20k ATH and beyond. Then it did a teleport 6x to $4500.
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Everyone realizes that Saylor can actually blow up in a true bear, right?.
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Regulators: Bullish.Institutions: Bullish.Asset managers: Bullish.Crypto Twitter: Bearish.Retail: Bearish. One of the more interesting spots I've ever seen crypto in.
JUST IN: 🇺🇸 SEC acknowledges Grayscale filing to allow staking for its spot Ethereum ETF.
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There was 8 YEARS worth of FUD about Ethereum going to PoS. It happened and not a single bad thing has happened. Users basically don’t even know. That’s so insanely under appreciated.
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Ethereum's London hard fork has activated at block 12,965,000 and EIP-1559 is now active. Huge thanks to everyone involved for their hard work!. Onto the merge.
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My favorite part about social media is when people get mad at me for “shilling something”. I shilled ETH at $1, Punks at 0, YFI at $500, Loot at 1 ETH. Ya my “shilling” has been amazingly detrimental for people! The travesty.
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The most interesting thing about the SEC going after Coinbase and Uniswap is I’m not sure they’ve ever dealt with ANYTHING like the united crypto community. Typically they go after someone or some company that may have a few vocal supporters. Good luck….
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Cardano is a scam and worth $95,000,000,000. Meanwhile, people constantly tell me they "missed out" on innovative and interesting projects at 1/100th the price. Trust me, you're still early.
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Larry Fink wants to tokenize stocks, bonds, every financial asset he can. What platform do you think BlackRock wants to do this on?. Ethereum.
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Ok, time to get real with all of you for a moment. I ran across BTC in 2012, read the white paper and was instantly hooked. As a background in finance and tech, it spoke to me. I hung out in trading IRC channels and made crypto friends . Mt Gox hit and a ton of my friends lost.
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The .eth goes back on. In fighting for change, one may focus on a single outcome but in reality there are outcomes that are even better. I think that happened for Ethereum today. Fresh EF leadership, a killer institutional arm and a hungry community. Onwards.
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Can someone do an airdrop based on gas fees paid over time?. Please?.
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It AMAZES me that people in crypto are still out here defending Biden. The guy has outright assaulted our industry for 4 years. "Ya but Trump may change tone once elected" is max cope. No proof whatsoever that's true. Are you people OK? Blink twice if you need help.
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Crypto twitter is basically back to the same group that stuck around in 2018 and any new adds are those truly committed. All the tourists are gone. You love to see it.
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My $2,500 prediction did not have EIP-1559 in 2020 priced in. New top is $15,590.
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People keep asking me for my ETH top call this cycle . I called $2500 last cycle from $80, was a little short as it ran 2x past that (and $2500 became a meme level) . I'll go with $30,000 this cycle.
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EIP-1559 has cut the ETH yearly inflation rate from 4.2% to 2.6%. Once the merge happens in a few months and PoS is live, this will be a negative number. Ethereum will be secure while ETH deflationary. The best crypto monetary policy that exists.
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If you created an Ethereum wallet in 2018 and simply used some of the most popular apps, you probably have at least $50,000 in airdropped tokens at this point. That's amazing.
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BTC is extremely centralized with a single point of failure around Michael Saylor.
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Ethereum just scored a monster win. BlackRock filed to tokenize its $150bn Treasury Trust money-market fund with a new “DLT Shares” class. BNY Mellon will keep a blockchain mirror of every share on-chain. Biggest real-world asset flow to Ethereum yet.
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Ethereum will become the world's financial settlement layer.
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The merge will be a huge success. Layer 2 will scale Ethereum. The masses will realize ETHs monetary policy is best in class. ETH will flip BTC. It’s all inevitable but do you have the patience to wait and the conviction to withstand the FUD along the way?.
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Visa's patent to digitize dollars shows that they plan to use Ethereum
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The first post-merge block has been mined. Ethereum is now officially Proof of Stake.
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I don’t care how many laws are passed, Ethereum and DeFi are going nowhere. That’s literally the fucking point of this.
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ETH produced per year today: ~4,950,000.ETH produced per year after Merge: ~650,000. $8,363,500,000 less sell pressure per year at current ETH price.
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I think the crypto market finally matures after ETH flips BTC. It’s tough to get mainstream legitimacy when the leading coin is a meme with no future security plan and a long term environmental disaster. Once ETH leads, people can finally focus on what’s actually being built.
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Ethereum is currently burning ~2,900,000 ETH per year. After the PoS merge hits mainnet, ETH will become deflationary as the supply side shrinks massively. At current pace, we will hit 1 ETH in all of existence in 40 years.
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Funniest timeline is Trump continues to ape ETH, even with memecoin proceeds . Basically cements ETH as the superior money/SOV while proving the community's thesis . Maybe 1% of the timeline is prepped for this scenario.
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"The EF uses the chain, actually our number 1 use case is dumping ETH". Actually insane. EF could easily stake ETH and use DeFi to cover most if not all of their internal budget. This is getting extremely tough to defend.
@iamDCinvestor the EF uses Ethereum all the time, for instance to (1) swap ETH for stables (usually @CoWSwap) and (2) to pay people (grantees, team members) in stables and ETH, on mainnet and L2s. Events we run (like Devcon and Devconnect) take onchain payments and use onchain ID for tickets.
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Tomorrow, most eyes in America will be on Polymarket, an app built on Ethereum. Pretty darn cool.
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Just heard that Melvin Capital has a large on-chain ETH short. Liquidation is at $10k.
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Trump slow drains 80% of supply out of TRUMP, siphons value out of Solana to keep buying more ETH. WLFI sells out, Trump buys even more ETH. Timeline implodes, most commit seppuku.
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Every single builder I know is moving or planning a move to Ethereum L2, not alternate L1s. Do what you want with that. 🤷🏻♂️.
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Imagine thinking the Ethereum community isn’t working on scaling.
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In all honesty, we already knew Ethereum lost the memecoin game . It's a good lesson overall for the community to learn from. There are much more exciting things, like AI, on the horizon that *cannot* be fumbled. Take the L and move on. Ethereum is fine.
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It’s pretty wild that Elizabeth Warren has spent most of her political career fighting corrupt middlemen in finance and now is fighting the very technology that removes that. Which one is it @SenWarren???.
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A $35,000 investment in ETH just 13 months ago is now worth $1,000,000. Worrying about being too late or a bubble is the best way to never make money. Congrats to the holders and dip buyers.
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I've never seen a more bearish rally in my life. BTC $72k and ETH $4k. Meanwhile 0 euphoria in my feed for either. People talking about when to sell or if 50% dips are on the horizon instead.
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Actually hilarious that boomers are buying all the ETH from paper hands. So much higher.
[🎄] BlackRock (ETHA) Daily ETH Flows: +132.3m: BBG.
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1/ A thread on the past, present and future of Ethereum’s security (monetary) policy and why I think ETH will be the most unique asset on EarTH after the PoS merge.
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ETH ETF approved!. A historic moment for the Ethereum community.
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ETH will pump. All of CT will cry. I'll drink their tears. It's inevitable.
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ETH doubles by November and entire industry is offsides. Imagine the smell.
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Google and Apple can't tell you what apps you can use on Ethereum.
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$3k to $4k probably goes fast. The suppression on ETH the past year was unprecedented . Coiled like a spring.
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