Hasu⚡️🤖
@hasufl
Followers
216,571
Following
1,268
Media
769
Statuses
28,355
strategy lead strategic advisor @LidoFinance @SteakhouseFi
Joined April 2012
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
Dortmund
• 517895 Tweets
Apple
• 428439 Tweets
iPad Pro
• 117784 Tweets
Grok
• 108876 Tweets
YAIBA
• 81524 Tweets
Adani
• 68505 Tweets
어버이날
• 48345 Tweets
生田斗真
• 47302 Tweets
ホビーショー
• 40148 Tweets
無痛分娩
• 37969 Tweets
Le 8
• 37167 Tweets
backnumber
• 36358 Tweets
新シーズン
• 25377 Tweets
#MAESTRO1stWin
• 24998 Tweets
エンプレス杯
• 24965 Tweets
NCT DREAM MOONLIGHT OUT NOW
• 24012 Tweets
PRABOWOsiapkan DgnFOKUS
• 23883 Tweets
敷島製パン
• 23683 Tweets
UntukNEGARA UntukRAKYAT
• 23079 Tweets
プレス機
• 22088 Tweets
#裏toHEROes
• 21554 Tweets
リュウケンドー
• 20267 Tweets
ゼウスシルエット
• 20024 Tweets
#SEVENTEEN64thWin
• 19930 Tweets
C-Pher
• 18547 Tweets
アップル
• 15291 Tweets
川崎競馬
• 13952 Tweets
ゴーヤー
• 11508 Tweets
味園ビル
• 10655 Tweets
Mentana
• 10491 Tweets
ストロベリーフラペチーノ
• 10418 Tweets
オルター
• 10250 Tweets
UST is worse than Bitconnect.
At least Bitconnect didn’t masquerade as a stablecoin.
When your ponzi targets people’s savings (not investment) portfolio, there is a special place in hell reserved for you.
Half of CT influencers, VCs, and trading firms are complicit.
268
1K
8K
No matter how this ends, I don't want people to call UST decentralized again. Even the little collateral backing it has is intransparent and controlled by a single party. Used to perform discretionary open market operations. This is like 10x worse than the Fed.
151
462
4K
The last person on earth to understand Bitcoin will be an economist.
131
344
4K
after some reflection, here's my take on a eth pow fork
1. many, incl me, have predicted for years that miners would fork ethereum to extract the final juice out of their investment. it doesn't take nostradamus to see this.
287
930
4K
If you believe in crypto long-term, consider joining a project today, put your head down, and do some actual work. Trading and shitposting are not positive sum endeavors. As a side effects, you‘ll stop measuring your self worth in net worth, making the swings much more tolerable.
101
427
3K
Starting this week, I‘m leading Strategy @ Flashbots. This team has both the right vision and talent to shape the future of crypto and I‘m very excited to be a part of it.
215
70
3K
the merge has only convinced me further that the intellectual state of the btc community is truly in shambles. the high-quality people who remain (e.g. bitmex research) are mostly covering ethereum now. I still love Bitcoin very much and hope for a restorative movement.
222
207
2K
My two cents -- I'm a Blockfi equity holder, and wiping out equity holders is exactly what SHOULD happen if a bank/lender goes insolvent. Customer deposits must be protected at all costs.
SCOOP:
@APompliano
and
@MarkYusko
’s Morgan Creek Digital are trying to put together an alternative rescue package for
@BlockFi
.
Why?
@FTX_Official
’s $250M credit line stood to wipe out BlockFi shareholders, including Morgan Creek.
@0x_bae
reports
224
259
1K
83
165
2K
I'm excited to release a mega-post that
@_anishagnihotri
and I have been hacking away at for the last few weeks:
Paradigm's Guide to Designing Effective NFT Launches!
77
426
2K
Here's your reminder that for each account posting their $5k -> $50m story on Twitter, there are 100s-1000s of people who have lost $5k instead. Any gain above market beta is someone else's loss.
69
121
2K
Imo this Ledger leak is unforgivable. You simply can't sell hardware wallets and store the personal information of your customers on an online server.
Cut off business with them, only way companies in this space are gonna learn to take our physical security seriously.
70
165
2K
hot take: if you work in the video games industry today, I see that about as bad as working in the cigarette industry in 1960/70s. destroying ppl's lives and families, it's just not yet commonly understood
727
91
2K
The further this cycle progresses, the more I find myself agreeing with the crypto critics than supporters. I watch s/o like FoldingIdeas and agree w/ 90% of what‘s said and that doesn‘t feel good. The great ideas are still there but getting drowned in a garbage island of fraud
92
102
2K
Sometime in the next 1-2 years, there will be a flippening from "fat protocol thesis" to "fat application thesis". The space is way overinvested in L1 copycats
How it started vs. how it's going for
@AaveAave
Exciting to see how applications navigate in a multi-chain or platform world
13
34
280
98
221
2K
Imagine if EIP-1559 was live today. Every block mined right now has 30 ETH in fees or more, going to ETH holders
Then, imagine if PoS was live as well. ETH Stakers would capture tens to hundreds of millions of dollars from MEV via liquidations
Gives you an idea of the potential
55
232
2K
a small part of me died this week. I’m still optimistic about crypto but it’s never going to be quite the same again
136
75
1K
It means Bitcoin is fucked long-term, but OK, keep brain-washing people with ridiculous positive spins
💄🐷
#bitcoin
fees are at all-time lows. the craziest thing? fall 2021 was the first bull run not accompanied by a major spike in fees.
how is that possible? what does it mean? here's a thread explaining the most confounding (and awesome) chart in bitcoin. (remember june 2021)
136
448
2K
241
144
1K
It's out:
@zhusu
and I discuss
- The arguments for Ethereum’s scaling roadmap
- The arguments for Alt L1s to out-scale Ethereum
- What the “Crypto Villain of the Year” thinks about his image
- Parallels to BTC maximalism in the ETH community
and more!
125
181
1K
I'm taking a short break from Twitter, hasn't been a good experience lately. See you guys sometime after Xmas, wish you all happy early holidays 😉
92
6
1K
after ~6 months in Flashbots and ~3 months in Lido, I can tell you w/ high confidence that there is no substitute to working as an operator. I could have been a researcher-investor-podcaster for 5more yrs and not learned 20% of the things I am learning today
52
98
1K
People really getting off on the ridiculous bear takes. Don't lose the big picture
80
90
1K
above is how a typical Defi app works today
below is how I think it should work
first, complete all actions (on simulated data if necessary), then batch-sign everything. more than one signature per interaction should be an anti-pattern
85
119
1K
I would read a blog that only collects and documents crypto experiments that failed. So we can actually learn from history and are not forced to repeat the same mistakes over and over again.
62
56
1K
In this episode,
@zhusu
and I sat down with legendary trader
@CryptoCobain
to discuss
- the bull case for Ethereum and its upcoming catalysts
- whether ETH can flippen BTC
- what advice has helped Cobie to survive several market cycles
Enjoy!
62
163
1K
I'm deeply bearish on DAO governance.
Thinking there may be an efficient frontier here for complexity + centralization
117
100
1K
So, Peter Thiel sold Bitcoin at the top after holding it for 8 years. That's so impressive, to be able to do that after holding it for so long
83
73
1K
More people self-custody their ETH and other Ethereum-based assets than self-custody their BTC.
125
73
1K
bitcoin maximalism is —and has always been— an autoimmune disorder eating away at the host.
123
119
1K
3. the chance that a major stablecoin will honor redemptions on this fork over eth2 is not 5%, its not 1%, its a cold zero. anyone who says otherwise is a grifter.
22
61
1K
Interesting to see Musk go through the same hero's journey as so many others have before him, repeating the same fallacies.
Even if done from the platform of being a visionary and richest man on earth, it doesn't make him any more right.
33
70
974
"(...) so far, we have been lenient and accepted any project as long as it claims to be "on a path to decentralization". By the end of the year, I think our standards should increase and we should only treat a project as a rollup if it has actually reached at least stage 1."…
180
178
797
slowly but surely convincing myself that DAOs are uninvestable until major changes occur
98
70
968
Been saying for the last year that PoW will become a big problem for BTC down the road. It's a false narrative, but you can't beat the stupidity of the masses.
40
78
972
PTJ said something incredible on CNBC today.
"I've never seen a store of value where you also have [such] great intellectual capital behind it. [...] When you short the bond market as an inflation hedge you're really betting on the fallacy of mankind rather than its ingenuity."
19
194
930
9. although most alt chains today are forks of ethereum, none has forked ethereum state. not because they didnt think of it but because its a completely stupid idea.
47
38
945
Love it how the Bitcoin and Ethereum community remind each other of their respective cringiest conference moments, so we can all cringe together. The real unifier 🤝
26
43
924
I worry that the Defi community is talking too much about governance now. To me, they‘re optimizing for a local maximum. The real innovation in crypto is systems that don‘t *need* governance to function. Look beyond the hilltop!
66
84
934
I have noticed that Binance has been overcharging users on Ethereum network fees lately. On 10+ transfers I have paid $35 withdrawal fee each, while actual network fees ranged between $4 and $24, with sub $10 average. That‘s $25 shaved off the average transaction.
124
58
920
Those who think Defi has discovered some kind of "new economics" will have a rude awakening...
97
41
914
As an investor with a 2-3 year time horizon, I still find the NFT space difficult to invest in. I‘m near 100% that NFT art in general will be far higher in 3 years, but:
1. so many assets to choose from, so many copycats
2. lack of history esp. how investors behave in down turns
106
42
914
Crypto journalists are running around asking everyone and their dog about USDT reserves again. I haven‘t seen a single comparable inquiry about the backing of UST. The morale of the story? Simple mechanisms get more scrutiny than complicated ones when the opposite should be true.
90
61
894
More importantly, it's physically impossible to sell $UST on Binance below $0.70
They literally set a price floor
Manipulation much lol
33
67
883
Many "Ethereum killers" of 2021 remind me of the "Bitcoin killers" of 2015-2018. They still think winning is primarily about the tech.
62
80
868
6. this fork chain will be a giant retail trap. miners, exchanges, traders are all trying to talk it up for their own self-interested reasons.
22
61
869
It‘s okay to like bitcoin and still think that some of its earliest adopters were despicable human beings
44
38
871
This feels like a declaration of war from Binance to Ethereum
42
64
846
Unpopular opinion (that I bet will become popular very soon): Most Defi apps have no business paying dividends at this early stage and should instead build warchests and reinvest into growth. It‘s really no different from other early stage, high growth businesses.
@rafdo
@StaniKulechov
As a member of the community I would rather have the Aave governance building a massive warchest of stablecoins (that are automatically lent out to earn interest) and other protocols gov tokens (mkr, uni, sushi, CRV, bal, yfi).
7
5
108
55
82
868
I sat down w/
@dannyryan
and
@TimBeiko
of the EF to record a mega episode on Ethereum's transition to PoS. In part 1, we discuss
- how consensus works in PoW vs PoS
- the long road to PoS
- client modularity
- how to test for such a massive event
126
154
855
As MEV is becoming even more important in PoS Ethereum, Flashbots is about to release mev-boost, a neutral middleware that allows any builder to openly compete in making the best blocks. This is great for validators, staking pools, and Ethereum itself.
121
175
844
.
@coingecko
has fully replaced CMC for me. it took a long time (old habits die hard) but finally something managed to do it
67
49
821
Don't do this: forcing the user to sign in with Metamask before it's absolutely necessary.
26
55
844
Re: Ethereum vs BSC
Every marginal person coming into this space will be less ideological and more pragmatic than the last. The result is an erosion of values over time.
The hypothesis that many people will pay extra for decentralization is still completey unproven.
93
93
825
Announcement: Multiple relays at the merge—rather than a single default—is key to Ethereum’s health. We are open sourcing our relay to encourage competition and reduce single points of failure.
293
136
799
If
@nic__carter
doesn't have a girlfriend by the end of this cycle I declare the crypto experiment failed
29
14
810
Excited to share this article
@MonetSupply
and I have been working on: A New Mental Model for Defi Treasuries
This topic is very close to our heart and we hope that everyone reads it.
Inside:
- Why native tokens in treasuries are not assets
(cont)
58
158
809
It seems pretty clear to me that Twitter Spaces will blow Clubhouse out of the water
62
15
798
5. no one in the eth community apart from miners want to stay on proof of work.
19
38
806
Not a fan of seeing people shill Defi as a Robinhood substitute here. Same as Bitcoin wasn't ready for Wikileaks in 2010, Defi is not ready for more mainstream adoption. Most projects are not yet censorship-resistant, I say that as a big Defi fan. Give them more time.
65
52
782
We are excited to make our biggest announcement to date.
After successfully isolating the centralizing effects of MEV to the block builder role, we are turning toward a new challenge:
To decentralize block building itself.
82
180
788
Since co-founding
@DeribitInsights
in 2019 with
@zhusu
, we have turned it into one of the premier research outlets in crypto. Exchanges giving back to the community by funding development and research is a special thing that only exists in crypto, and we should be proud of it.❤️
46
70
779
Bancor’s shell game of IL hiding is collapsing. They print new BNT to compensate underwater LPs and call it “IL protection”. The cost is transferred to BNT holders via inflation, which causes further IL to all other BNT pairs, and leads to further inflation. A death spiral.
30
107
762
It‘s honestly pitiful seeing so many people call crypto a new paradigm, future of France etc. a week ago only to have a complete mental breakdown after a 20% price drop. Goodness. Just focus on making good decisions and surviving for the long run!
15
31
766
PTJ says other inflation hedges are fundamentally bearish humanity whereas Bitcoin is bullish humanity.
That is an incredible statement that I've never seen expressed so clearly before.
9
96
732
For the last year, we have been developing the next generation of Flashbots under the codename “SUAVE”
48
122
734
Yesterday a friend of mine got scammed for a pretty substantial amount in an OTC trade on Telegram. I had not seen this method before and thought others should be aware of it:
61
131
730
Traditional financial institutions get their 50% of their moat from regulation, 40% from trust, and 10% from product.
How do you think they will do in a world where regulations don‘t matter as much, and trust is free?
They don‘t even know how to compete on product anymore.
28
122
727
Yeah, Dogecoin's problem is that it's too crowded
@itsALLrisky
Ideally, Doge speeds up block time 10X, increases block size 10X & drops fee 100X. Then it wins hands down.
10K
12K
51K
30
64
725
I don't believe in decentralized governance for Defi apps, the core product is best built by lean & highly centralized teams. Trust comes from lack of custody and access control, not the process by which the sausage is made. You can have a grants program for all periphery.
73
56
728
Did you seriously think this wasn’t gonna happen? Or did you just hope to run it up further and drop the bag on someone else before it does?
38
27
721
Still can't believe I said a bunch of bullish things about Chainlink on UpOnly tonight
48
28
703
This is Bitcoin's flat earth movement
38
58
700
Unpopular but in my opinon
1) flat org structures have been an intellectual dead end and in spite of all the hype crypto is likely not going to change that
2) all else equal, a DAO run like a hierarchical company with clear ownership is going to outperform a DAO that isn‘t
70
84
694
Stop checking the price, anon. There are so many better things to do with your time & focus
28
51
673
If you could only watch three movies for the rest of your life, what would they be?
931
81
657
Okay, so what actually is Cardano, what's their vision, where are they today? I don't know how they do it but when IRL friends tend to coldcall me about crypto they *always* ask about ADA.
175
30
660
Breaking: Stock market tumbles as investors learn it is all premined
22
50
650
Now imagine the damage if UST had been allowed to grow another 13 months. We're getting into existential territory for crypto at that point.
Looks like Do Kwon was right. If he goes down, he takes the whole crypto space down with him.
111
108
2K
27
25
656
seems obvious enough that the number of assets tokenized on public blockchains will only go up from here. hard to be bearish on Defi for that reason alone
42
60
649
8. crypto is full of bad projects that only exist to dump on retail, but that doesn't make it ok to support them. the fact that ghost chains like etc still exist does not vindicate that point.
10
27
640
the entire crypto industry needs to rethink its approach to lending and leverage. the reflexivity of crypto is outside anything seen before in traditional asset classes. even if we somehow come out of this unscathed, we can not carry on with the status quo.
87
50
649
7. no one wants to use or build ethpow. i have studied the etc, bch, and bsv forks and these were actually dividing their respective communities. in all cases, their minorities were actual believers and not in it for a short-term trade. ethpow doesnt have 1% of that support.
22
44
638
With gas below 20gwei, what are some things I should do on Ethereum this week?
188
23
613
the merge happens on Ropsten (Ethereum testnet) in about 9.5h
15
114
619