Devconnect schedule, USDC rewards and more - The Daily Gwei Refuel #606 - Ethereum Updates

Transcript

hello everyone welcome to another episode of the Lego refuel where we cut the latest news in ethereum ecosystem I'm your host and this is honor and to the 16th of June 2023. all right everyone let's get into it so we have an update from the dev connect uh kind of Twitter account here today uh basically giving us a glimpse at what the dev connect uh event in Istanbul in November is going to look like so this is an early look at the schedule which you can check out I'll link it in the YouTube description below or you can go to devconnect.org schedule here but basically the event is taking uh is taking place between Monday November 13th and Sunday November 19th and there are obviously a bunch of different events to attend uh on those dates yeah now of course this will keep getting

filled out that this isn't it right this is just a really early uh kind of uh preview of it but it already looks very cool you know you have a stakers uh staking Gathering here in the first couple of days you have an autonomous worlds uh event happening uh the obviously the 8th Global stuff happening as well a bunch of other days here like light client Summit evm sound I mean this is going to be really really cool economics so all about ethereum economics from the robust incentives group uh but yeah so if you are going to this event it's shaping up and looking like a really fun one uh I don't think I'll be attending unfortunately um I mean I was on the fence about I was like 50 50 but I'm like probably like 90 10 now 90 not going 10 maybe going I do

actually want to go um but there's like a few reasons why I'm not going one I didn't actually enjoy the kind of like outlier outlay of um the dev connect in Amsterdam I didn't enjoy having to like keep switching venues I know obviously Amsterdam is a really cool City to walk around and all that sorts of stuff and that was cool don't get me wrong but I don't know it it was annoying because like everyone was fragmented everywhere I had to go to different places just to meet up with people and yeah it just annoyed me so I think that yeah Istanbul is being scheduled in the same way where there's going to be obviously multiple venues uh and people can go between them uh and yeah I just didn't enjoy it I much prefer like obviously East Denver where it's just like like one Central venue

that everyone goes to but that's like one of the reasons another reason is that traveling uh you know I I'm doing a bunch of other stuff around that uh close to that date in November and I don't want to have to travel that many that that much because traveling from Australia is kind of a big uh big ask for a lot of them a lot of the world unfortunately but enough about me if you are going I think this is going to be a really great event I mean it is being hosted by lithium Foundation of course they always throw great events they only host two events devconnect and Devcon and just a fun bit of History here devconnect was born uh basically because of covet uh because Devcon was basically canceled uh because of covert and they were looking for other venues and they

didn't want to wait that long so they basically had Dev connect um and now they have two events yeah pretty much uh well devconnect kind of pushed Dev content next year the next Dev con so to Devcon for next year is going to be somewhere in Southeast Asia and I'm like 99 sure I'm going to be at that one of course um but devconnect was born out of that so it's very New Amsterdam was the first one last year are and and obviously Istanbul will be the second one this year so you can go check out this preliminary schedule which as I said will keep getting filled out as time goes on all right the EF or ethereum Foundation ecosystem support program has put out a blog post detailing their allocation update for q1 of this year so this of course as usual goes through all the

projects that they gave grants to there's quite a number of them on this list here from different categories such as layer twos developer experience cryptography all that good stuff there and I think they usually say the dollar amount of what they're distributed um but I don't know if the dollar amount is actually on this this time I didn't see it when I went through it earlier no it doesn't seem there oh no here it is okay it's down the bottom that's why I missed it so they are awarded 12.9 million dollars in q1 which is huge right that's a huge amount of money and I mean there are quite a few teams here I don't know if they've actually um named how many teams there are here uh sorry um and numbered how many teams there are just eyeballing it maybe there's like 50 or so teams or something

like that I don't know there's a lot Ryan you can go through obviously the poster and check this out for yourself um but you guys know the um ethereum Foundation does this every quarter they give out grants to various projects improving the ethereum ecosystem across a wide number of categories it's not just focused on one thing it's focused on many different things and that really is the whole point of the ethereum foundation at the end of the day they do have um you know a healthy amount of contractors that are paid out of the ethereum foundation to do ethereum related stuff whether that's research you know in the core research stuff or core development or the core Dev side of things or planning events like Dev connect and Devcon and doing you know community outreach all that sorts of stuff right but then they also do their

Grant allocations through the ecosystem Support Program which is exactly what this is here and this is where and it's funny this is where the money goes when the ethereum foundation cashes out their ether not just taking profits on it so Vitality can buy Yachts I mean we all know that vitalik is not someone who actually cares cares very much about money he he's definitely um very it's funny looking at him because it's like you wouldn't know that he had money unless you knew who who he was because he's just like dresses uh normally right it's not like he's wearing designer clothes or designer watches he's not like Richard Hart flexing all the wealth everywhere um I just truly don't think Vitale cares about that but yeah um the EF is not Cashing Out East to go buy lamboros and Yachts and anything

like that they're cashing it out to fund these things right fund uh obviously the contractors that they have in um uh at the ethereum foundation but also uh give out grants like this and do this once a quarter because even if they're only giving out you know 12 million dollars a quarter that adds up really really quickly per year right and they've done this for quite a while now this isn't obviously the first one that they've done so if you work that out on a kind of yearly basis there that's 48 million dollars a year just to Grants not including whatever amount of uh of money they're paying out to all of their contractors a year which I am sure wouldn't be a small amount because I think I mean I don't know the exact numbers but I think there's at least 100 contractors uh employed by the ethereum

foundation and then you can you know obviously do a naive assumption about what salary they're all on and you can choose the lower end and it's still high like you can say they're all on 100 Grand a year each and being in US Dollars which I think is too low it's probably more than that for a lot of people but that would still give you 10 million a year in just in just that and then put in all other things right their burn could very well be almost 100 million dollars a year uh in in terms of all the different things that they're funding here and that's just me doing napkin math but I mean they're on the the ethereum foundation only has a limited amount of eth so they obviously want to be strategic about when when they sell it and they seem to at least

over the last few years they seem to be able to manage their treasury uh a lot better than in the early days because if you actually look at how much eat they sold in the early days it was a lot um because obviously in the early days no one knew that Heath was going to be as big as it was uh you know back then I mean the the funny thing is about exponential growth is that uh Eve started off at 30 cents right um so it's like whatever amount it was a hundred thousand eight at 30 cents it's not very much money but a hundred thousand each at the current price is I crapped on more money so they obviously want to be strategic about when they sell you know take it to fear I'm sure they're getting Guild on the fear that they have in their bank accounts too

obviously in the high rate environment um it's better for them to do that uh but but yeah they're not just selling the eighth for for nothing they're selling at the Fun ecosystem and uh you know the money definitely goes to the places that it needs to uh which is cool to see but anyway you can check out the um latest allocation update here I'll link it in the YouTube description below all right so as I mentioned uh the other day eigenlayer is live on mainnet in a very limited fashion very guarded launch of fashion here and there are a couple of dashboards to actually track their growth so nevermind has one and parsec Finance has one so I'll link both of these in the YouTube description but you can basically see on on the nevermind dashboard a breakdown of things like the

cumulative deposited tokens by day obviously it being so limited this isn't going to really show you much just yet but obviously when it opens it up more there'll be more and more um a kind of like a data here deposited tokens per day uh split in the you know between stf R8 and CBE withdrawals and and and more information on withdrawals there the positive tokens and the address list and I think parsec gives um a similar view in terms of the data that it displays but in a in a different kind of like uh a different layout here as well so yeah you can go check this out for yourself if you would like not too much going on here obviously as I said there's the limit there and everything it's it's not like um is open in a full unlimited main net capacity just yet but it's great to see

some early dashboards that can already track their growth because I'm sure that that limit is not going to last very long and they're going to be uh opening it up step by step for for quite a while there before eventually just going to a fully open mainnet launch all right coinbase has announced today that you can now earn uh four percent uh uh in rewards on your usdc so you can go to coinbase.com usdc to start earning this now I don't know how many of you hold usdc right now uh overholding something like eth obviously maybe you have usdc and you're waiting for like a dip to buy maybe you think it's going to go lower or something or maybe you're trying to buy a token and you think you're thinking that's going to go lower well now instead of just holding your

usdc or maybe putting it in something that uh that that kind of like yields lower than four percent in D5 because I know that the stablecoin yields in D5 aren't very high right now um you could do it through coinbase now obviously this is a custodial service but I mean usdc is already a centralized devil coin so you already are exposed to to centralization risks there but I don't think the risk is is really that big um you know because usdc obviously is issued by Circle in partnership with coinbase and heavily regulated within the US it is probably the safest centralized table coin that you can you can kind of buy and obviously we did see the the DPAC event with usdc but I remember saying back then that that it

wasn't a big deal right it wasn't something that was going to actually uh result in people losing money and that's unless they were Panic selling the usdc because within like two to three days it got resolved now of course there was a hit to uh usdc's market share because of that event and also because of the increased regulatory pressure on coinbase but I I don't think that that there's uh there's any reason to worry about usdc I mean we know that it's fully backed uh by all the assets that and the various assets that are backing it with cash and cash equivalents uh and and yeah now you can use it to start earning these four percent rewards which is kind of funny because the SEC went after coinbase for a similar product to this I don't know if it's the exact same

product but a similar product for the to this and got them to basically shut down that product and this was a while ago now it might be even over a year ago or something like that but they're able to offer this product now in terms of where the yield is coming from I think it's being subsidized by coinbase themselves um uh or Circle themselves in some way I think it's coming out of like a potential marketing budget I'm not exactly sure I haven't looked into exactly um where the yield is coming from here I don't know if they actually listed on the uh on on the actual website or if it's buried somewhere uh they may they may list it in some documents somewhere that I uh that I I don't want to kind of like peruse um on the video here but you can actually

check that out for yourself uh yeah you can learn more about usdc rewards yeah there's a section here I think that that explains it yeah so yeah it kind of explains it here who who's it who it's available to uh so it's actually available to Australians as well um but if the funny thing is like I don't actually hold usdc mainly because of currency risk because I obviously um am in Australia I'm AUD based uh and there's stupid tax implications for going between usdc and AUD that I have to record and it just becomes too much of a headache it's not even really worth the house muscle because the AUD in my bank account is earning a yield already and and just going through the headache to basically have usdc and put it in coinbase or something uh the tax attic is not worth it there okay okay so

they've got like a where do a USD usdc rewards come from section right on this page which I will link in the YouTube description below for you guys to check out um but the usdc rewards is a loyalty program that is funded with coinbase's own funds the program is designed to incentivize more of our customers to use coinbase services to store their usdc so they do not lend or take any action with your assets unless you specifically instruct us too so okay they're basically funding this out of the yield that they're getting uh of all the with all the USD that they have back in usdc so they're either paying out all of that yield or or most of that yield because I wouldn't imagine they're getting much more than four percent on the USD in a bank account but obviously they're doing

this because I mean one it's a growth factor for them but two I think they want to stop the bleeding because usdc market cap has been going down a lot since the deepeg event they obviously want to stop the bleeding house so it's worth it for them to give up that yield in order to retain customers and to to grow their market share here so that's where the yield comes from because that's always the first question everyone asks you know where does yield come from is this usdc being lent out like what's happening here no it's not being lent out um unless you instruct coinbase to do that on your behalf so if you're just a regular user you're just putting usdc in this program uh you're getting the yield from coinbase themselves so that answers that question there very cleanly which is very nice to

see and that might be the difference between the product that they wanted to do that the SEC shut down and this product I think the one that the SEC shut down coinbase is actually going to lend out those assets and that's how they were going to generate the yield but if the yield is coming from coinbase's own um own funds then I don't think the SEC has an issue with that uh because really at the end of the day it's a customer loyalty or reward program rather than like a yield product um that uh you know where you're asked to actually lent out to generate that yield there but anyway I'll link this full kind of FAQ in the YouTube description below for you to check out all right a couple of things from uni swap today so I mentioned obviously the other day that unisop has announced V4

which come which brings with it a host of new features one of those features is something called hooks so they did a little bit of a deeper dive into exactly what Hooks are in this little Twitter thread you can think of hooks like plugins and they can describe them here by saying they can introduce code at key points in the lifetime of a pool like before or after a swap this lets developers innovate on unisop's liquidity and security to create pools with custom features they are I'm still digesting exactly what Hooks are and how powerful they are and all the use cases behind them there are some ideas that they've kind of uh uh that they've kind of listed here such as Dynamic fees and on-chain limit orders and internalizing Mev but the way I'm kind of thinking about Hooks and the mental model I've

got for and this may be wrong I don't know it's something like if this then that so there is an app called if this then that or if Triple T um which basically allows you to string together a bunch of actions that can happen either like at the same time or one after the other or are triggered on certain events so a lot of people use them for home automation and stuff like that where they basically say if uh you know if I'm not home if I go out of Wi-Fi range turn off all my lights or something like that or set my alarm automatically you know that sort of stuff right so with with these hooks uh thing that unisop has going on here I I'm thinking of it in the same way we're essentially say someone does a trade within a liquidity pool and then after

that trade is is done trigger something else to happen trigger the you know internalization of the Mev like the Mev profits are put back into the pool rather than being paid out to an address for example right or the rewards you get for having a new swap LP pool instead of paying them out to you they get Auto compounded in in the pool or maybe they get paid out to go somewhere else um you know you can see here one of the use cases is auto lpv compounding that sort of stuff so it really does feel like and if this then that for liquidity pulls on uni swap which I think is really cool but but correct me if I'm wrong on that guys if you've got a better understanding of it but that's how I'm thinking about these things which obviously lends itself to a host

of very new and Powerful Primitives that can be built on top of unisoft V4 and then you could have it interacting with all of these different things within the ecosystem I mean it doesn't have to just be internal to UNI soft liquidity pools you can interact with all these different contracts uh you know on chain just like something like a flash loan would interact with when someone uses a flash loan to do something they interact with a bunch of different different contracts well now you can do that internal to the unisoft V4 V4 pool and then kind of like hook together different actions so I guess that's why it's called hooks right so yeah but anyway you can read the little thread here I'll link in the YouTube description below and the second thing on unisop which is actually pretty topical because I was talking about this

yesterday so the unisoft foundation uh convened a bridge assessment assessment committee to develop resources for the unisop Dao to evaluate evaluate Bridges to use for cross-chain deployments so they're published the results of this committee's work in this bridge assessment report and it is quite lengthy and goes through many of the popular bridges here which you can give a read through so it is very text Heavy there are a lot of um a different kind of like breakdowns there are breakdowns of each of the most popular bridges such as like Wormhole and layer zero and individual reports for these things which are on um which are on I hosted on notion here so you can see on my screen uh the report for uh for Wormhole here

as well as the parent report so I mean you could probably just read the the parent report and get most of the information that you that you need to hear but this is uh was done in the context of uni Swap and what unisop could use for pooling and what LPS can use and stuff like that and how it can all work with uni swap governance and that sort of stuff so yeah I just wanted to put this on your radar and you should definitely go check this out but I I want to see more of this kind of stuff being done around Bridges I know that there's a few different posts on Bridges I remember I highlighted one from 1kx Capital they put together uh one about bridges but it might be outdated at this point so I want to keep seeing these things L2 beats doing a lot of

work around this because as I mentioned the other day on the refuel bridges are only going to get more popular they are honey pots for attack attackers and hackers because they have so much value in them um and they have various different designs which could lead to potential exploits or bugs that we just don't know about yet and we need to understand them deeply so that users can basically go with the bridge uh or use the bridge that they uh that they trust right that that they don't get rugged by some kind of bridge or they're not using something where they get wrecked by and then and Order fraud the ecosystem ecosystem to keep track of like all the different ious and Native assets and stuff like that we definitely need more literature around Bridges generally uh

so kudos to the uni swap uh Dow for commissioning this report uh you can check out this bridge assessment report uh in the YouTube description below all right Zappa has announced a that they've launched event curation allowing you to contribute and help make on-chain events understandable to everyone so they uh following the recent introduction of Zappa's activity feed users can now monitor all events occurring on ethereum be it through a general activity feed or their account transaction history and they continue while we don't currently provide full coverage for ethereum in regards to readability some of you might have come across the notorious did something event now you have the opportunity to Aid Us in understanding and creating these events so basically what they've

launched today is a way for people to crowdsource what each of these on-chain actions do so you can essentially see an event that's labeled uh quote-unquote did something and there is an edit icon at the top right corner by clicking on this icon you'll be guided to assist the Zappa team in interpreting the events after you've made a submission you can check its status on the new my submissions page and then Zappa will review your submission promptly and keep you updated regarding its progress I think this is a really cool way to crowd Outsource information about on-chain activity so the Zappa team doesn't have to go through every single thing and label it uh obviously they're going to have to review the submissions but I think that's a much more scalable and

faster way than the Zappa team having to go through everyone's kind of activities and try and potentially guess what's happening there and maybe get it wrong maybe display the wrong info so it's it's better this way because it gives them a basically a starting line essentially it gives them somewhere to start and they can check this check that it's all valid and then uh and then it goes in there and it's also I think very useful for people who I just want to label it for themselves as well so instead of seeing did something you know what you did so you basically edit it and Mark that for yourself there so just a cool little feature from Zappa that I thought was worth highlighting you can go check it out I'll link it in the YouTube description below all right so an announcement out of uh

preview today so privy has announced something called wallet pre-generation so users can now Mint or airdrop assets directly to a user's email address phone number or socials and the best part is that no user action is required engage a user even if they've never used your app or web3 at all for that matter so the wallet pre-generation is as simple as specify the identifier that will own the wallet mental airdrop assets to that wallet and users Claim by signing in with this identifier users will have wallets waiting for them upon sign in so this is basically a way to essentially give users a wallet without them having to create it themselves and then you can send things to them based on an identifier such as a GitHub account or a Twitter account or an email address or

potentially even a mobile number which is really really cool because this is a way to I guess get new users because essentially the user could see something like for example say someone uses wallet pre-generation for their of T mint and then they essentially automatically use use this kind of privy tool here in order to Mint nfts and airdrop them to a bunch of Twitter accounts that they have a list for right public Twitter accounts that they have a list for and then say that person on that Twitter account goes to this nft project and logs in with their Twitter account and automatically they have an nft waiting for them in a wallet so yeah this is a really cool way to engage a new and and potentially even

existing users uh not just with nft means but with really anything with really any airdrops that you can think of and not you don't have to just do it based on ethereum wallets so this is actually potentially a way to do more civil resistant airdrops where essentially you can airdrop to um to users based on more than just like on-chain criteria you can you can base it on different criteria like you know for example uh GitHub activity and stuff like that rather than just on-chain stuff because at the end of the day you a lot of people you don't know their ethereum address unless they have like a public one uh that like May for example have cecil.ef but that's not like all my ethereum address activity right I have multiple addresses so you could base the airdrop on something else that is more

public like my Twitter activity or my GitHub activity or anything like that right so I think that's that's actually really cool so just just a cool little uh feature for developers to play around with from privy here I'll link you in the YouTube description and you guys can go check it out all right last up here Rebecca retig the chief policy officer at polygon uh has put out a tweet thread today discussing this new website called the value prop.io which is an open database showcasing amazing use cases for blockchain technology so now whenever someone asks you what's the value prop or you know what is crypto good for what are blockchains good for uh we know what are the use cases you can go to this database which is at the value prop.io

database and you can sort by different filters here so for example if you want to sort by Finance you can check out all the finance app use cases uh you can you can sort by like Investing For example and then different networks as well so you can just go ethereum here and you can see the finance applications in the investing category and then you can go check them out yeah now obviously this is very early days for this list it's going to get better and better and you can submit your own kind of projects or submit a project that you think should be on here but yeah this is actually really great because there's a lot of people who constantly ask you know what's the use case for crypto what are the apps what what what's actually being used you know what are the what are the different kind of

verticals you know I I hear this thing called D5 or else is there hear about nfts what else is there so this is going to be a great database to keep tabs on in order to to see all the different apps and basically have a an easy way to to filter through them uh but personally I I just my first little bit of feedback here is maybe uh to be able to sort them by uh something other than alphabetical order because you can see that the default sort is by alphabetical order and then when you kind of click here you can actually uh just filter I would like to sort by I don't know activity or the amount of ethereum addresses that have interacted with it or it's tvl or something like that right just to be able to get the apps uh that are you

know actually used then on mainnet rather than just all the apps just just to the um to the top here but I'm sure they'll add that feature as uh you know as time goes on as is still a very new website uh and there was just launched basically yesterday I think so yeah you can go check this out for yourself it was uh launched by polygon themselves which is very very cool uh yeah I'll link this in the YouTube description for you to go check out all right I've got a few minutes left here there was a topic that I wanted to talk about today not about the markets because I've talked about the markets too much lately and I don't think it's really relevant anymore because uh my opinion hasn't changed I think the rest of this year is just going to be a sideways crab market but

there's still going to be plenty of really cool things happening on the fundamental side of things but that is what I actually wanted to talk about so I had like a friend ask me um and I don't know if I mentioned this yesterday on the refuel my memory is shocking lately but I had a friend ask me recently he's like what happened over the last few days for people to get excited about in crypto because obviously he was aware of the oh no maybe not last few days like the last couple of weeks because obviously he's aware of um things like the SEC going up to coinbase and binance and other regulatory issues with centralized exchanges and the security stuff and all that kind of crap right he's obviously aware of that because that gets a lot of attention on Twitter um but obviously he doesn't watch the

refuel so he doesn't know what's happening in the ethereum ecosystem I'm like okay man okay so I went to the the dailyway YouTube channel I just looked through all of the the videos that I had done over the last two weeks and I started rattling stuff off to him I'm like what do you mean like nothing has happened in the last two weeks like did you not hear about eigenlayer going live on mainnet did you not hear about Unison V4 being announced did you not hear about uh polygon announcing uh polygon 2.0 did you not hear about uh uh Tycho raising money and connects raising money and and uh the layer two growth that we've been seeing as well and stuff like that and uh I guess like um uh new staging protocols going live like swell for example and them growing like I I

you know did you not hear about all any of this and I don't think he had really and because it had been overshadowed by on crypto Twitter at least by all of this noise and that's the thing if you pigeonhole yourself into like one uh I guess new stream even if it's like a social media platform where it has multiple different different news streams in in one but you're still pigeonholing yourself to crypto Twitter and crypto Twitter likes to focus way too much on the crap like it's just actually honestly crypto Twitter 90 of the time and I know I contribute to it as well but 90 of the time is posting and people just acting scared about everything it is actually insane how much noise there is on there and I know obviously I have Twitter in front of me on every refuel but I have to

curate all this myself and I've gone to Great length to be able to uh quickly curate all this information so that I'm not bombarded with noise but I sometimes go to like the For You tab on Twitter and it shows some of the most popular tweets um and it's always just noise it's just people that don't understand what's going on uh in in the ecosystems people that's not talking about the really cool stuff that's going on they're just worried about the SEC worried about regulations worried about the day-to-day price movements and it's just insane to me and what's even more insane is that most people that I've spoken to to about the coinbase and binance lawsuits don't actually understand what the SEC is is going after what they're suing the SEC is not suing the issuers of the tokens that

they listed that they believe are unregistered Securities they are suing coinbase and binance and only binances us arm because they can't touch binance Global because obviously it's not in the US so they only use those tokens in those lawsuits as evidence or as evidence that uh stuff that they think is evidence against coinbase and binance to charge them with uh or to sue them for trading on the secondary Market unregistered Securities it and at the end of the day like they're not going after the companies one because a lot of these companies that originally issued although these foundations that originally issued those tokens are outside of the the US um jurisdiction there are the ssc's jurisdiction there and two it's much

harder to go after those individuals than going after you know a coinbase and buy names even though I think they're making a mistake going off to coinbase and obviously I'm not a legal expert here but it's insane how many people thought that or didn't realize that's what the SEC was doing they're suing coinbase and binance they are not suing polygon they are not suing Salon or I should say polygon Labs or Solana Labs or uh I guess iohk for cardano they're not doing that they're just using these tokens as evidence so that's another thing where just the noise of crypto Twitter and the noise of just general crypto media gets things wrong and and portrays the wrong information and that's something that obviously frustrates me as an educator and gets me riled up about um you know about this stuff and gets me ranting on the refuel about it because

we shouldn't be focused on all of that crap we should be focusing on the fundamental stuff that's being built right now and there's so much exciting stuff going on you guys hear it every day on the refuel but generally even outside of ethereum even just uh you know General stuff like for example all the positive stuff happening on the regulatory front where we actually have people pushing back against the SEC we have uh we potentially have um a a big companies like BlackRock they just announced Blackwood didn't announce it they just filed to get a Bitcoin ETF approved obviously uh people will look at that and think oh God another ETF application it's not going to get approved but that's not the point the point is is that BlackRock is the largest asset manager in the entire world they manage like nine trillion dollars worth of assets they have a lot

of political favor they're huge to the US politicians understand this so not only are they more likely to get their ETF approved they're sending a message because their CEO I believe it's their CEO is a huge Democrat so he's basically sending a message to the Democrats being like guys like this crypto thing is real it's here to stay uh you guys need to to do to to to stop to stop trying to kill it right you need to actually do more to help this industry so all these little things that are just under the surface not on the headlines but just under the surface you need to be paying attention to because that is the alpha the alpha is not in browsing crypto Twitter and watching uh random Anon accounts spew and and fud about things like that that's not the signal that's the that's the noise but I think I'm

preaching to the choir here but I figured it was just worth doing a little bit of a rant there because I am super frustrated lately I mean like I I might over 600 episodes of the refuel and I'm just so frustrated that the the level of difference between the stuff happening when you actually look at the fundamentals and just all the noise and all the crap that people focus on gets really frustrated but such is life such is the way of things I'll obviously keep doing the refill and keep educating you guys on that but enough of my ranting for today I've gone over time so thank everyone for listening and watching be sure to subscribe to the channel if you haven't yet give it a thumbs up subscribe to newsletter join Discord Channel and I'll catch you all next week thanks everyone oh I actually made it

the whole week without missing an episode go me anyway thanks everyone