ELI5 of TLDR
@eli5oftldr
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i write about crypto assuming you’re a 5yo with a short attention span / i will be back shortly
Joined May 2022
real defi are eternal, autonomous, credibly neutral, pro bono mechanisms governance tokens are just transitional stage
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🤿 ICYMI: Agents don’t learn in the abstract — they learn by interacting with environments. This post on RL environments is more relevant than ever as agents move into production and evaluation gets harder.
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So Aave Labs changed the router to CoW Swap that is *technically* cheaper than the previous router, Paraswap, but since they decided to include partner fees (which they keep 100% for themselves), the final cost for the user is *actually* higher?
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i'll explain: -> parity act $200 tax break only for big regulated stablecoins. but bitcoin & ethereum still fully taxed. -> wash-sale rules hit traders hard. no more sell low buy back same day for tax tricks. whales lose big edge. -> staking/mining tax wait 5 years. if price
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SEC HOSTS DEC 15 ROUNDTABLE ON PRIVACY AND CRYPTO SURVEILLANCE STANDARDS -> zcash pumped 919% in 2025, and its shielded transactions are now 70% of volume, 30% of supply locked in private pools. eu bans these coins starting july 2027. sec meeting could determine if they survive
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Get Ready...X Exclusive...Tonight... Special Guest...!
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fed ended qt on dec 1, 2025. btc still fell –17.49% this month. if that confuses you, you are probably trading the wrong numbers. fed ending qt is not the auto‑bull signal. my imaginary quant says that maybe ~65% odds btc is higher 12 months after the qt end. but the path is
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fed ended qt on dec 1, 2025. btc still fell –17.49% this month. if that confuses you, you are probably trading the wrong numbers. fed ending qt is not the auto‑bull signal. my imaginary quant says that maybe ~65% odds btc is higher 12 months after the qt end. but the path is
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saylor won't fall causing a luna-esque death spiral although the mstr stock can drop a lot
the idea that ‘mstr is just levered btc’ is one of the more dangerous boomer takes in this market. it’s actually a funding vehicle that moves about 1.8x as much as btc, owes 8.16b usd in convert debt, and starts to break once the stock is only worth the coins and nothing else.
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the idea that ‘mstr is just levered btc’ is one of the more dangerous boomer takes in this market. it’s actually a funding vehicle that moves about 1.8x as much as btc, owes 8.16b usd in convert debt, and starts to break once the stock is only worth the coins and nothing else.
I just wish, hope, and pray that MSTR is not the LUNA of this cycle. Another public, but this time, Wall Street–retail-entangled death spiral is the last thing this industry needs. Hoping Saylor can pull some Wall Street voodoo magic.
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the idea that ‘mstr is just levered btc’ is one of the more dangerous boomer takes in this market. it’s actually a funding vehicle that moves about 1.8x as much as btc, owes 8.16b usd in convert debt, and starts to break once the stock is only worth the coins and nothing else.
I just wish, hope, and pray that MSTR is not the LUNA of this cycle. Another public, but this time, Wall Street–retail-entangled death spiral is the last thing this industry needs. Hoping Saylor can pull some Wall Street voodoo magic.
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with each halving bitcoin is getting less secure. once we are done with the reward issuance, then what? will government subsidy miners to keep them securing the network? right now miners get roughly $100,000,000 per day from new coins and ~$264,000 per day from fees. that’s
There are THREE forbidden questions in crypto: - Don't ask a $BTC maxi what happens when block subsidies goes to 0 - Don't ask Toly how much $SOL he and the foundation have - Don't ask VCs why we need yet another L1 blockchain $ETH fixes all these things, btw
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with each halving bitcoin is getting less secure. once we are done with the reward issuance, then what? will government subsidy miners to keep them securing the network? right now miners get roughly $100,000,000 per day from new coins and ~$264,000 per day from fees. that’s
There are THREE forbidden questions in crypto: - Don't ask a $BTC maxi what happens when block subsidies goes to 0 - Don't ask Toly how much $SOL he and the foundation have - Don't ask VCs why we need yet another L1 blockchain $ETH fixes all these things, btw
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usd-pegged stablecoins seem to stress europe A LOT europe's guidelines for crypto (MiCA) got a loophole. it lets issuers inside and outside the eu split a coin's reserves across different countries. this means if there's a crisis, eu regulators can't access the reserves held
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without curator markets you lose like half a million curator markets work because performance is public and capital kicks out underperformers instantly. all apy numbers are onchain. dashboards provide results in real time. you can't hide mediocre returns. let's say we got a
Curator markets are the future of lending in this space btw Feel like that has gotten lost in the blood feud beef between lending protocols The monolithic markets have made a huge contribution to bootstrapping deep lending markets but we cannot manage huge 12/13 figs of RWA
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without curator markets you lose like half a million curator markets work because performance is public and capital kicks out underperformers instantly. all apy numbers are onchain. dashboards provide results in real time. you can't hide mediocre returns. let's say we got a
Curator markets are the future of lending in this space btw Feel like that has gotten lost in the blood feud beef between lending protocols The monolithic markets have made a huge contribution to bootstrapping deep lending markets but we cannot manage huge 12/13 figs of RWA
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ok, but: 53.3% of all tokens are unlocked if the network hits certain goals. so *dumping* is not based on time, but on actual growth htf firms'll have to stake mega for priority access to the sequencer to get their tx faster tge on january 2026. plenty of time to polish dapps
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🔎 How does private equity stack up against other investments over time? We looked at 10 years of data. Discover what we found!
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megaETH is the only L2 that has both vitalik and lubin (ethereum co-founders) have invested in since the ethereum ico vitalik is focused on scaling lubin is focused on infra it seems both agree that megaETH might solve those bottlenecks to some extent
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megaETH is the only L2 that has both vitalik and lubin (ethereum co-founders) have invested in since the ethereum ico vitalik is focused on scaling lubin is focused on infra it seems both agree that megaETH might solve those bottlenecks to some extent
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