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At CRCL’s P/S ratio,
Ethereum
would be trading at ______
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0xkydo
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The checks and balances in L1s are beautiful. Stakers: Congressional - Control financial resources Operators: Judicial - decides what is the network by picking version of the node software Network Developers: Executive - Implement the changes to node software
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If Hyperliquid has shown anything is that product obsession outweighs narrative in trading. Why? Because your target customers are sophisticated traders who can smell bullshit from miles away. The next new exchange won’t be built on retardio narrative but on real product differentiations.
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At CRCL’s P/S ratio, Hyperliquid would be trading at ______
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At CRCL’s P/S ratio, Solana would be trading at ______
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had an interesting chat with my legal friends about "credible neutrality" here's the twist: "being maximal censorship-resistant and credibly neutral" might be the least neutral stance why? by prioritizing censorship resistance, you're taking a strong political stance valuing individual sovereignty over shared morality consider this: imagine irrefutable evidence of some address's owner committing horrible acts like child trafficking do you ban their address or not? not censoring at the base layer is an extreme position in the tradeoff between individual rights and collective ethics some might argue it leans towards moral relativism - by not banning them, it is suggesting no absolute right or wrong exist i'm not entirely sold on this view, but it offers an intriguing perspective on credible neutrality thoughts?
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