Emin Gün Sirer🔺⚔️
Emin Gün Sirer🔺⚔️|Mar 08, 2025 20:40
The event yesterday in DC was a watershed moment. At some point, I found myself at a crypto party, with people expressing relief that crypto talent no longer need to flee the country, that crypto people no longer need to worry about getting debanked, and that crypto projects need no longer fear capricious regulators. The crowd literally broke down into chanting "USA USA." But before we get too jubilant, there are two major takeaways, or new responsibilities, for us. First, we need to self-police better. The flipside of lighter regulation is that the space guard itself against scammers, ponzi operators, fraudsters and the like. Please don't fall for people who are LARPing as brilliant traders just because they have messy hair and an inability to tie their shoes, as researchers just because they have a jacket with elbow patches, or as generally being successful because they are repurposing your money. Always ask "what had this person brought into this space?" If you can't name some technical accomplishments, well then, it's on us to cleave these cancers. Second, it is time to deliver. The days when one can constantly hold shiny technical gobbledygook in front of the masses are over. ZKSLURPs aren't going to allow a chain to scale, any more than VDFs, VRFs, RCAs, SNARKs, STARKs, or ZKEVMs or other acronym soup. It's time for teams to deliver working products. Beware of unfalsifiable claims, such as "it's the banking chain" or "ZKSLURPs failed but ZKSPLURGEs will finally allow us to scale." Look for teams that are helping grow the pie. I just got back to NYC from DC and I couldn't be more bullish. It's our do or die moment, and I'm confident we will show the world how much better society will be when applications are built on blockchain rails.
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