If the $6.3 billion had not been stolen from his centralized exchange All that money would have circulated in the decentralized Ethereum ecosystem and made everyone wealthier instead of a few billionaires Now do you get it why we should use DEXs instead of CEXs?

Ethereum has entered a new era and virtually no one understands it The Ouroboros era is over Ethereum has matured into infrastructure for real world assets Few https://t.co/L9ko7bzaIl

If DEXs win, Ethereum wins Why? Permissioned layers need a permissionless base (otherwise we might as well use a centralized CEX) Large holders become entangled with the base and will buy ETH for security reasons https://t.co/69jegWpKo3

December could be the last hike Hiring is freezing, recent-grad unemployment 5.6% (the widest gap on record) and the AI capex bust is starting due to electricity shortages - Oracle's CDS is at a record, up 287% y/y Once defaults crystallise (in neoclouds, private equity or insurance) the Fed won't be able to hike If it is the last hike, Gold should bottom about two weeks before the final hike ~25 November I then expect Gold, Silver and ETH to run

Never keep your Cryptos on centralized exchanges Treat them like public toilets After you're done, leave with all your assets Or simply use a DEX

Bro understood 1971 better than most people "Ethereum to me is the new Wall Street. You know, in 1971, the dollar went off the gold standard, okay? Now everyone thought that in 1971 the play was gold, but actually it was not. In 1971, the dollar became synthetic. It no longer was backed by anything, and that's when Wall Street stepped in and said, "Okay, we gotta make sure that the euro or well the German frank or whatever—German mark or the French franc—doesn't become dominant." So Wall Street built products to make sure everyone used a synthetic dollar. Wall Street was a big play in 1971. In 2025, we're making everything synthetic. We are starting with tokenizing the dollar, and then as you know, Wall Street's going to tokenize equities and everything I just listed. Massive opportunity. Ethereum." - Tom Lee

Equities overvalued and the AI/SI CAPEX bubble has probably hit an electron scarcity limit So bust is coming in 2027 is my baseline Fed and ECB will be forced to print

DEXs are kicking CEX butt This is so bullish for Ethereum Why? Because if the DEX is an Ethereum L2, you can exit to Ethereum L1 or an L2 for safety Smart investors will want that assurance This implies that the bulk of DEX activity will end up on an Ethereum ecosystem chain

HYPE is basically a trusted third party It'll always be controlled by someone If it was an Ethereum L2, we could exit from it to Ethereum L1 if SHTF ------ “Commerce on the Internet has come to rely almost exclusively on financial institutions serving as TRUSTED THIRD PARTIES to process electronic payments. While the system works well enough for most transactions, it still suffers from the inherent weaknesses of the trust based model… What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other WITHOUT THE NEED FOR A TRUSTED THIRD PARTY.” - Satoshi Nakamoto

Gattaca shipped an Ethereum consensus client. Gattaca is a London prop trading firm turned block builder. Titan is theirs, one of three builders producing most Ethereum blocks. CEO Kubi Mensah. They run MEV-Boost relays, Titan Relay on mainnet, and adopted Arbitrum Timeboost early. Prop trading to dominant builder. Silver: built from-scratch Rust, open source, alpha, unaudited. Claims 6.5 ms median block processing against 33.5 ms next-best, p99 9.5 ms against 91 ms. An MEV company at the most centralized layer of the supply chain is now building decentralization (probably for MEV profits). It's a real contribution and a bid for influence over the rules it monetizes.