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swagtimus.eth
@Swagtimus
Developer Evangelist @arbitrum ๐Ÿฆ‡๐Ÿ”Š
Ethereum
Joined September 2011
Posts
  • Pinned
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    Some personal news: I'm joining @arbitrum as a Developer Evangelist to help meet developers where they are and drive adoption. I'll be working alongside my goated colleagues @hummusonrails, @aboutlo & the rest of the Arbitrum Foundation. As some of you may know, I have a
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    $10k ETH was never a meme. Just wait until EIP-1559 goes live. Every single day we'll burn ~20,000 ETH or more. The entire crypto market will have to face the fact that Ethereum, the future of finance and web3, is about to go deflationary.
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    EIP-1559 is going to make a ton of people question Bitcoin's narrative as hard money. ETH is a triple point asset by then, relying on more than just a hard cap. We have utility. We have staking. We have network effects. We have dapps. We have DeFi. We have NFTs.
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    Bitcoin needs $1.5B of monthly buying pressure to maintain current prices. Ethereum needs maybe $100m, depending on fee burn magnitude. Flippening is already in progress. If we go bear here, BTC and ETH will dump, but ETH will continually grind its way back up. Simple maths.
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    ETH dumps less hard and recovers faster I am not the only one noticing this
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    You guys didn't seriously believe the Ethereum gigabrain researchers didn't work on scalability all these years, did you? Now @arbitrum just passed $1b TVL, and heavy hitters like @aaveaave haven't even deployed yet. We do this without compromising on decentralization.
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    I'm definitely not the only one who thinks $2k ETH is cheap 6 months from now, ETH goes deflationary, while virtually all adoption metrics go up only. Mainnet, L2s, DeFi TVL, NFT volumes ๐Ÿ“ˆ This isn't 2017 when we were unsure about this whole crypto experiment this is SPARTA
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    honestly, if GameStop drops the Ethereum announcement soon, it's literally game over for Bitcoin the GME apes will make the ratio go nuts
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    How Ethereum will save the bull market ๐Ÿ‘‡ The merge turns billions of $ of sell pressure into billions of $ of buy pressure and makes Ethereum ESG friendly zk rollups + EIP-4488 deliver on scaling during the next 6-12 months = deflationary asset that's solved scalability
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    I'm thrilled to announce that I have joined the @Scroll_ZKP team. Scroll is building a type 2 zkEVM, scaling Ethereum without compromising on its developer experience - all of your Solidity code will work right out of the box.
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    3AC are finally abandoning Ethereum
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    Conversation at Cardano HQ, one month before smart contracts launch: "Hey Charles, everything good?" "Oh yea, we spent 6 years doing research and writing papers and peer reviewing everything, we good!" "Sooo why can a DEX only handle one transaction per block?" "uhhhhhhh..."
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    Let's retrace what just happened. BTC lost the bull market support band, ETH did not. Then ETH pumps and sets a 3 year ATH, breaking the previously well established resistance of 0.086 on ETHBTC. Only then did BTC start moving. ETH leads from here on out.
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    Any rebuttals to this? If that's accurate, that's pretty hilarious ngl