What do you mean by ETH backed? Do you mean tokens created using the ethereum network to deploy contracts/create tokens for fraudulent projects? These sorts of scams are evil. But, I don't see ethereum as being anything more than the technology that people can use to do harm (defraud) or to help others.

#artstr #art #painting
Seen on instagram:
I have an open mind re. #ethereum as being good for the world. I hate the scams/rug-pulls/etc (often facilitated by the ease of token-age via ethereum's design), but I like the many innovations happening in ethereum's ecosystem. And yes, from a global money systems perspective, we absolutely need better money. But I'm not beholden to the bitcoin-only mindset. If, in the future, bitcoin is the only cryptocurrency with lasting value, so be it. I'm also not smart enough to develop strength of conviction that PoW is better than PoS, and currently I like that we have both options. In some respects, I like PoW better, but it currently feels like the work done could have more computationally positive externalities.
I only recommend bitcoin to friends not willing to engage the often-changing drama of the ecosystem of crypto assets. It offers plenty of beta relative to what most people have experience with, so just allocating a sizable proportion of bitcoin is more than enough, for most.
Re-sharing this post, b/c it's such a good observation - and sharing here to remind myself of the TA pattern:
"Anatidaephobia," The Far Side, by Gary Larson

(Meant to include an image.)
Let's see if #optimism can touch $3.5 #trading #elliottwave

Let's see if #optimism can touch $3.5
#trading #elliottwave

#johnsingersargent #painterspaintings
What I'm looking at:

I'm a recent cargo bike owner, and I LOVE it.
https://primal.net/e/note15lklyc52v0n3jctxm6l6wcp2x39w9fwgrk4ja8qfnhnk33drp68q8sm64k
Also, that sort of spy-marketing is creepy. I appreciate your standards!
I'm a recent cargo bike owner, and I LOVE it.
https://primal.net/e/note15lklyc52v0n3jctxm6l6wcp2x39w9fwgrk4ja8qfnhnk33drp68q8sm64k
The sock Knitter, 1915 by Grace Cossington Smith, pioneer of modernist painting in Australia #WomensArt

"...its utility..." I have trouble with it's and its. Maybe I'm not alone? I know the difference, but my fingers don't.
This bearish bat harmonic provides a basis for a good short setup.
I would expect the price to find support at point B, and the Ichimoku kijun sen.
(I have a very optimistic view of bitcoin's future based simply on it's utility to make the world better, and reduce corruption. As an analysist, I make observations ignorant of its fundamental properties.)
#harmonicpatterns #trading

"To discuss mathematics, you need a language, and a set of rules to follow in that language. In the 1930s, Gödel proved that no matter how you select your language, there are always statements in that language that are true but that can’t be proved from your starting axioms. It’s actually more complicated than that, but still, you have this philosophical dilemma immediately: What is a true statement if you can’t justify it? It’s crazy."
Really interesting article. re. ai and mathemtaical proofs.
https://www.quantamagazine.org/why-mathematical-proof-is-a-social-compact-20230831/
doing some moving last night:
https://primal.net/e/note127jhzvm3adxfquagvcn0j583zxeaw5j7mae9n8w8vavzeeh5my5q7gtl2t










