Any crypto folks know how teams get a campaign added to the | Adam Cochran (adamscochran.eth) sur Binance Square

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Adam Cochran (adamscochran.eth)

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Any crypto folks know how teams get a campaign added to the Kaito Earn page?
Portfolio company looking to get listed but not sure who to connect with.

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Adam Cochran (adamscochran.eth)

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Sorry Circle, I love you but it’s time. Marketcap the same as total USDC supply is simply insanity, and that short squeeze won’t last for ever. Will flip long eventually, but for now I’ve got to start building a short, because even with your network live, the upside simply isn’t there near term. People are valuing you by your competitor when you’ve got an entirely different approach, revenue structure and strategy. Hope some early employees got some money off the table here though! God speed! 🫡

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At this price CRCL should just do at the money offerings, and use proceeds to buy back USDC. Mcap is $50b~ USDC in circulation is $61b. For each $1 of USDC they get like $0.03 of revenue, half of which basically ends up at Coinbase, then another 38%~ in operating costs. So they earn about $0.004~ per circulating dollar, even with overnight rates at a historically high 4%~ Buying back USDC with equity sells, could substantially expand that margin. Even $1B in at the money offerings, means they could bump that to $0.0046~ per USDC, and increase profitability by around 15%~

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Made the decision today that I’ll be exiting my Coinbase positions (stocks/bonds) and keeping my assets elsewhere for the time being. I’ve been a Coinbase customer for over a decade now, and appreciate the early work they did in the space. And while I don’t agree with being political silent (obviously) I can justify a business choosing to remain politically neutral and cause focused. That’s fair. But sponsoring a military parade, in a divided country, with already split views of crypto isn’t true to this policy; and even if it wasn’t weird and gross, it’s just bad marketing that hurts this industries adoption. And it comes on the heels of a lack of care and responsibility with user data. Treating users like line items. If Base continues to decentralize in a credibly neutral way, maybe I’ll still use that. If Coinbase corrects the ship maybe I’ll be back. But as a long time customer, large share holder and long time advocate - this just isn’t the Coinbase I once knew, that stood for the values of this space. I know so many great and well intentioned people at Coinbase, and I hope their voices and hard work gets heard and Coinbase can right the ship. But for now, it’s time for me to vote with my wallet and use alternatives that either align with my values or that can actually keep their “credibly neutral” stance, instead of only applying it conveniently. I’d encourage those of you who do care about this industry, and the values of decentralized, transparent systems, to consider how you’re voting with your wallet - and make a choice that’s right for you. And I’d encourage Coinbase to figure out where they’ve lost their way, and how they can come back home.

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By the way, every crypto “libertarian” or self sovereignty nut, who shouted about federal tyranny over health mandates, or de-banking, but is silent when the federal government activates the national guard against American’s has no values. They didn’t care about rights, sovereignty or freedom. They played it up because it was convenient for their own greedy agenda. I’m absolutely against illegal immigration. I think you should come here legally. But if you are here illegally, the process by which we remove you should be done in line with the law. And part of that law, gives every damn American the right to protest. It gives every American the right to see accountability in the actions of law enforcement. And it gives every state the right, to operate without federal overreach beyond the constitution. When someone cares about your rights when it helps their wallet or aligns with their personal beliefs - then they don’t care about you. Hell they don’t even care about this industry. They care about their own wealth and power and will sell out anything to get it. They may seem like allies now. But remember one day your interests may not be aligned - and they’ve shown you exactly the kind of characters they are.

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They couldn't have said this shit during market hours?

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