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VOICE ARCHIVE

David Phelps

@divine_economy
17 posts
2026-02-06
am more excited about crypto than ever. we can weep all we want that our fake liquidity ponzi hold-for-five-minutes creator memecoin tokenize-everything future-of-republican-party bull cases all failed, but i— i think this is the best thing that's happened to crypto in years.
2026-02-06 View on X
Bloomberg

Bitcoin briefly dropped to as low as $60K on February 5, its lowest level since November 2024 and down ~50% from its October 2025 peak, as global markets fall

from Epstein to quantum to AI to the death of crypto twitter — clobbering the coins [image]@luke_metro:how low does crypto have to drop before I never have to hear about Fairshake ...

am more excited about crypto than ever. we can weep all we want that our fake liquidity ponzi hold-for-five-minutes creator memecoin tokenize-everything future-of-republican-party bull cases all failed, but i— i think this is the best thing that's happened to crypto in years.
2026-02-06 View on X
Wall Street Journal

Strategy reports Q4 net loss up 1,749% YoY to $12.4B, as BTC trades below the company's $76,052 average purchase price; MSTR is down ~60% over the past year

Shares of the bitcoin-stockpiling company have fallen sharply since crypto prices touched all-time highs in October

2026-01-07
sorry but: it would be way more fun, profitable, and meaningful if polymarket used opinion markets to settle disputes did the US invade venezuela? ask this on @jokerace_io, and voters would be incentivized to pick the answer they thought would get most consensus problem solved
2026-01-07 View on X
Financial Times

Polymarket is disputing that the US mission to capture Nicolás Maduro constituted an “invasion”, refusing to pay out bets on a contract with $10.5M in wagers

Prediction market disputes US raid amounted to an invasion in fight over more than $10.5mn in wagers

2025-08-07
this is trump's nominee, btw, handling and celebrating the conviction of roman storm [image]
2025-08-07 View on X
Bloomberg

A US jury finds Tornado Cash co-founder Roman Storm guilty of conspiring to run an unlicensed money-transfer operation that laundered $1B+ via Tornado Cash

Bloomberg :

2025-05-22
ngl kind of bittersweet to watch btc reach ATHs after a full year of retail getting wrecked happy for all the long-term holders but hard to escape the feeling this space promised financial accessibility to the entire planet just for institutions to make money dumping on them
2025-05-22 View on X
CNBC

Bitcoin reached a new all-time high on May 21, surpassing $110K and breaking its January 2025 record, after slumping to $74K in April 2025 amid macro concerns

WATCH NOW  —  Bitcoin rose to a new all-time high on Wednesday, breaking its January record.

2025-02-22
crazy people keep saying crypto has no use case like they've never heard of crime before
2025-02-22 View on X
Bloomberg

Crypto exchange Bybit says a hacker took control of one of its cold Ethereum wallets, resulting in what analysts estimate was the loss of ~$1.5B worth of tokens

- North Korean group Lazarus suspected by industry researchers  — Prices of Ether, Bitcoin and other tokens decline after theft

2024-12-01
solana has done the best job optimizing for digital money ethereum has done the best job optimizing for programmable money
2024-12-01 View on X
Bloomberg

Ethereum is grappling with uncertainties as its reliance on Layer-2 blockchains grows, leading to lower fee collection, while rivals like Solana gain ground

- The blockchain has seen fees slide after technical upgrades  — Criticisms have weighed on Ether, which has underperformed

ethereum has a marketing problem because it refuses to advocate for the apps in its ecosystem solana has a marketing problem because it's advocating for apps in its ecosystem tokenizing dog-shooting and gleefully tossing around the n-word honestly, i get why xrp is ripping
2024-12-01 View on X
Bloomberg

Ethereum is grappling with uncertainties as its reliance on Layer-2 blockchains grows, leading to lower fee collection, while rivals like Solana gain ground

- The blockchain has seen fees slide after technical upgrades  — Criticisms have weighed on Ether, which has underperformed

2024-02-15
i want to apologize to my friends and family that i'm about to be that tech bro, but zuck's insight that “every era has an open and closed model—closed won mobile but open won PC, and i believe open will win the next” is not only brilliant but even more bullish for crypto than VR
2024-02-15 View on X
The Verge

In a video, Mark Zuckerberg shares his thoughts on the Vision Pro, saying Quest 3 “is the better product, period”, highlighting Apple's tradeoffs, and more

closed won mobile but open won PC, and i believe open will win the next” is not only brilliant but even more bullish for crypto than VR Tobi Lutke / @tobi : Great message, lots of ...

2024-02-14
i want to apologize to my friends and family that i'm about to be that tech bro, but zuck's insight that “every era has an open and closed model—closed won mobile but open won PC, and i believe open will win the next” is not only brilliant but even more bullish for crypto than VR
2024-02-14 View on X
The Verge

In a video, Mark Zuckerberg shares his thoughts on the Vision Pro, saying Quest 3 “is the better product, period”, highlighting Apple's tradeoffs, and more

Now that it can be strapped to our faces and worn in strange places, opinions about Apple's Vision Pro are flying left and right.

2023-11-04
friendly reminder that if sbf had built his empire onchain, he never would have been able to hide funds, defraud clients, or be sentenced to a life in prison his reign of crime? yes, actually: crypto solve this sbf literally is crypto's golden use case
2023-11-04 View on X
TechCrunch

A jury finds Sam Bankman-Fried guilty on all seven counts of fraud and money laundering in the FTX trial; the judge sets SBF's sentencing for March 28, 2024

and what comes next Qadir AK / Coinpedia Fintech News : DOJ Cracks Down: Binance and Tether Face Terrorism Financing Charges PC Gamer : ‘The king of crypto’ found guilty of fraud, ...

2023-11-03
friendly reminder that if sbf had built his empire onchain, he never would have been able to hide funds, defraud clients, or be sentenced to a life in prison his reign of crime? yes, actually: crypto solve this sbf literally is crypto's golden use case
2023-11-03 View on X
TechCrunch

A jury finds Sam Bankman-Fried guilty on all seven counts of fraud and conspiracy in the FTX trial; the judge sets SBF's sentencing for March 28, 2024

Sam Bankman-Fried, the co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, has been found guilty …

2023-08-08
paypal launching a stablecoin on mainnet eth—rather than literally dozens of rollups that cost 2 cents they could have used instead—is honestly a brilliant way to ensure their own exorbitant fees look like an inconsequential speck next to the gas
2023-08-08 View on X
Bloomberg

PayPal debuts PYUSD, a Paxos-issued stablecoin and fully backed by USD deposits, short-term Treasuries, and cash equivalents, rolling out to US users gradually

Press Releases  —  McHenry Statement on PayPal Announcing Launch of Payment Stablecoin Shaurya Malwa / CoinDesk : PayPal to Issue Dollar-Pegged Crypto Stablecoin Based on Ethereum ...

2022-12-13
part of the fun of this piece is realizing that the monolithic vs modular argument has played out for 40 years in video games, with winners on both sides but if monolithic was the starting point, modular was what enabled wide adoption https://stratechery.com/...
2022-12-13 View on X
Stratechery

A brief history of the 40-year-old video game industry, the rise of Nintendo, the dominance of Sony, and what Microsoft's Activision deal means for competition

The first video game was a 1952 research product called OXO — tic-tac-toe played on a computer the size of a large room:

2022-02-11
flamingodao cover band: — hardfork flamingodao — copy all their trades — maximum contribution is 5eth to build greater wealth for those with less of it https://www.coindesk.com/...
2022-02-11 View on X
CoinDesk

FlamingoDAO, one of the most exclusive DAOs, has an estimated $1B NFT portfolio and its membership buy-in has increased from ~$23K in October 2020 to ~$8M

The exclusive DAO's membership buy-in has increased over 350-fold to 3,000 ETH, or a hefty $8 million.

2021-12-07
let's be honest: the real problem with venture capital today is that we don't have enough funds like cowfund willing to maximize for fun by relinquishing all financial rewards https://twitter.com/...
2021-12-07 View on X
Not Boring

The allure of speculative returns on Web3 is attracting talent, who in turn will create opportunities for more people to earn money by doing what they find fun

More fun making money, and more money having fun … Today's Not Boring is brought to you by... Mosaic Tweets: @jonst0kes , @timrpeterson , @ldrogen , @divine_economy , @startupstell...

2021-08-24
I spent February researching if Eth might ever get disrupted. I ended w/ a short list of 3 projects that might do it: Radix, Avalanche, and Solana. Radix and Avalanche are chugging along. Solana is... well, let @packyM explain. https://www.notboring.co/...
2021-08-24 View on X
Not Boring

An in-depth look at Solana blockchain project: $0.0001/transaction and 65,000 transactions/second, well ahead of Bitcoin and Ethereum, and a $21.2B market cap