I own 0.03% of a crypto punk and think Rocket Pool will save ETH from the Big Banks. Former philosophy nerd, aspiring doc, DeFi degen.
Smart Contract, Dumb Lawsuit: SEC vs. rETH
The SEC filings today, filled with factual errors and misleading statements, show concretely that the agency's incompetence is endangering investors. The most decentralized dApp on Ethereum is Rocket Pool - it has more home stakers than Solana, Gnosis, Polygon, Avax, everything but Ethereum itself. In a sea of charlatans, Rocket Pool has pioneered true decentralization. In this post, I will first explain why I believe $rETH is NOT a security by analyzing all of Howey, Reves, and the FIT2...
Smart Contract, Dumb Lawsuit: SEC vs. rETH
The SEC filings today, filled with factual errors and misleading statements, show concretely that the agency's incompetence is endangering investors. The most decentralized dApp on Ethereum is Rocket Pool - it has more home stakers than Solana, Gnosis, Polygon, Avax, everything but Ethereum itself. In a sea of charlatans, Rocket Pool has pioneered true decentralization. In this post, I will first explain why I believe $rETH is NOT a security by analyzing all of Howey, Reves, and the FIT2...
Hybrid Theory: Rocket Pool's Middle Way Between Native Liquid Restaking and Pure Staking
IntroductionIs Ethereum about to embark on a journey of rehypothecation? Eigenlayer aims to be neutral infrastructure that enables a brand new ecosystem to form from re-using Ethereum security from data availability layers to universal bridges to shared sequencers. Done safely and judiciously, this is not rehypothecation. Yet, Eigenlayer has many people rightfully worried about altering the state of something so sacrosanct to the survival of Ethereum, its consensus layer. However, the incenti...
Hybrid Theory: Rocket Pool's Middle Way Between Native Liquid Restaking and Pure Staking
IntroductionIs Ethereum about to embark on a journey of rehypothecation? Eigenlayer aims to be neutral infrastructure that enables a brand new ecosystem to form from re-using Ethereum security from data availability layers to universal bridges to shared sequencers. Done safely and judiciously, this is not rehypothecation. Yet, Eigenlayer has many people rightfully worried about altering the state of something so sacrosanct to the survival of Ethereum, its consensus layer. However, the incenti...
Why Paradigm Was Wrong: How rETH Will Flip stETH
https://ecn.mirror.xyz/p-un5x3H_G9J8FJLqkGlUa4ldZgArp4VdvNpg0RWwq4 analysis of the social and economic headwinds facing stETH, how these headwinds are reflected by market conditions creating tailwinds for rETH, breakdown of the broader LSD market, and the general Rocket Pool bull case Disclosure: I am paid a small weekly stipend as Rocket Pool Community Advocate by the Rocket Pool core team and hold a considerable sum of RPL tokens that have been gifted to me over the past few years in suppor...
Why Paradigm Was Wrong: How rETH Will Flip stETH
https://ecn.mirror.xyz/p-un5x3H_G9J8FJLqkGlUa4ldZgArp4VdvNpg0RWwq4 analysis of the social and economic headwinds facing stETH, how these headwinds are reflected by market conditions creating tailwinds for rETH, breakdown of the broader LSD market, and the general Rocket Pool bull case Disclosure: I am paid a small weekly stipend as Rocket Pool Community Advocate by the Rocket Pool core team and hold a considerable sum of RPL tokens that have been gifted to me over the past few years in suppor...
Crypto - A Global Coping Mechanism
Crypto is the ultimate cope for modern, late-capitalism, mentally aware despondents because it promises logic's superiority prima facie, yet, like the failed logical positivists and Wittgensteinian literary critics, the deeper you search for logic to prevail the more you will find humanity and subjectivity.Cope is good…or *a* good?Coping with pain is necessary. We are not Gods-- time does not stop for us when we suffer. We must continue and produce goods for society at large. Coping is g...
Crypto - A Global Coping Mechanism
Crypto is the ultimate cope for modern, late-capitalism, mentally aware despondents because it promises logic's superiority prima facie, yet, like the failed logical positivists and Wittgensteinian literary critics, the deeper you search for logic to prevail the more you will find humanity and subjectivity.Cope is good…or *a* good?Coping with pain is necessary. We are not Gods-- time does not stop for us when we suffer. We must continue and produce goods for society at large. Coping is g...
The Rocket Pool Layer Zero Bull Case
I’ve written extensively about rETH and Rocket Pool as a protocol. I have sung the praises of permissionless node operation, decentralization, and censorship resistance from the protocol and the tokens used there within. However, as our Bankless graced friend has said time and time again, however bullish you are on Rocket Pool, you are wrong. You are insufficiently bullish. Let’s delve into the far future of Rocket Pool node operating to see why the most bullish thing about Rocket Pool is the...
The Rocket Pool Layer Zero Bull Case
I’ve written extensively about rETH and Rocket Pool as a protocol. I have sung the praises of permissionless node operation, decentralization, and censorship resistance from the protocol and the tokens used there within. However, as our Bankless graced friend has said time and time again, however bullish you are on Rocket Pool, you are wrong. You are insufficiently bullish. Let’s delve into the far future of Rocket Pool node operating to see why the most bullish thing about Rocket Pool is the...
