I didn’t expect an article this long to reach millions in today’s 3-second attention span economy. I’ve read every single quote and comment. To be honest, I’m overwhelmed. I’ve never felt this much warmth on this platform. And I’m just deeply, sincerely grateful. Thank you, truly. I’m not much different from anyone else who just entered this space. The only real difference is that I’ve bled more. I’ve lost more. As a Christian, my faith gave me this habit of constant reflection, and forced me to look in the mirror and face the rot inside me. It gave me a way out when I was drowning, and eventually, that became my redemption. Crypto was meant to be about anarchy. It was meant to be the middle finger to the gatekeepers in suits who think they’re better than us. That spirit feels dead lately, but I still believe in it. I have to. This space changed my life, and I’ll keep building here until the wheels fall off. But I’m not going to pretend I had some perfect journey. In my early years, I got absolutely fucked by Ponzis. I couldn't control my greed and lost most of my early Bitcoin (thank you, MMM). I was just a naive kid. Every time I think about this part, I want to apologize to my mom. She had zero clue what I was actually doing. I was literally sneaking out every other night to act as a middleman in Vancouver’s nightlife. I was sourcing and flipping Moutai, whiskey, and expensive cigarettes to rich Chinese university students. I was the one brokering the VIP tables and getting people through the door. Honestly, I was just really good at getting rich kids to come to parties. I know people look down on that kind of "job." It isn't something people proudly say like "I worked at Google." But I’m proud of it. I was literally making an entry-level Google salary as a teenager just by being a better hustler than the adults. Without that hustle, I wouldn't have anything I have today. That revenue stream was the only reason I could keep buying back into Bitcoin. I was sitting on a level of wealth I had to hide from my parents for years. No parent in their right mind would let an underage kid handle that amount of wealth. I’ve never known what it’s like to get rich quick overnight. For me, it was always a long, grueling season. The closest I ever came to “getting rich overnight” was thanks to Cryptokitties. Watching my kitties flip every day for weeks while ETH was mooning... that was the first time I actually felt like I’d made it. But the scariest thing is when God gives you a "trial card" to see a world you aren’t ready for, only to snatch it back and throw you to the bottom. In late 2018, when prices had dumped to a devastating low (again...), I had to go right back to the middleman business to get more bullets. But that time, I was different. My faith had shifted my perspective. I wasn't just chasing a high anymore. I knew, with everything in me, that crypto was the destiny I was meant to build. If you're at your lowest right now, don't let the ego stop you. I've been in those dark times too. Nothing is "too tacky" when you are grinding to fund your vision. Whether you're hauling inventory, flipping goods, or doing the gritty backend work no one else wants to touch - do what you need to do. Tell those who try to shame you to fuck off. Because when you finally make it one day, they will all come back to you acting like they were your biggest fans from the start. The people judging you from the sidelines aren't the ones who are going to change your life. You are. Keep building. I'm right here with you.

Do not buy $PIZZA , you will lose money. The Pizza coin was a social experiment, and that experiment has now officially ended.The conclusion? Human nature is greedy. I personally spent around $1,000 in gas fees to run this experiment.Despite our repeated warnings that Pizza has zero value and urging people not to farm with multiple accounts, some individuals still used dozens of wallets to claim over 3% of the total supply. And they weren’t the only ones. So, let’s move on.Shifting focus now to @z0r0zzz @nerderlyne , the developer of Tacit Protocol. I hold some $TAC and will be running several $TAC giveaways in the coming days.

Please, if you are LONG, please use a STOP LOSS. If, myself and others prove to be correct on a collapse, don’t bust your account by not adding a SL. And if you are short, don’t be over-leveraged and greedy as their will be volatility, steer clear from the market makers. - Wynn

I'm no socialist, but Elon Musk's post this morning made my blood boil. I cannot believe we're still pretending unfettered capitalism is some sacred cow. The vital necessity of strong social programs cannot be overstated, full stop. A genuinely progressive, tiered tax system is basic justice. It used to twist my stomach watching billionaires get dragged for their success. But when these entitled pricks turned around and sold their souls to a fascist authoritarian regime out of nothing but bottomless avarice and greed, any sympathy I had died. Not all billionaires are monsters, but the greedy, soulless fucks who backed this authoritarian Trump regime have made their true priorities crystal clear. These groups don't seem to value democracy. They favor plutocracy — where wealth buys direct access to power and bends the state to their whims. History is clear: authoritarianism rarely ends well for those who enable it. And this time, the consequences may be even more severe. They are playing with fire, and the stability they rely on is at risk. Disgusting. Utterly revolting.

“Hyperliquid”: The "Three" I’ve Finally Found After Years of Search Note: This article offers no investment advice or guidance, but pays tribute to the decentralized philosophy of Laozi and Satoshi Nakamoto. Three years ago, the crypto industry’s uncertainty was still validated by the high volatility of Bitcoin's price, and the DeFi summer driven by Ethereum had faded. When I opened the Tao Te Ching, the foundational scripture of the indigenous Chinese religion, Taoism. I found the power behind cryptocurrency, rooted in Eastern beliefs and philosophy, within the textual context from two thousand years ago.. The "decentralization" from Bitcoin's blockchain technology aligns perfectly with the Taoist ideas of "Wu Wei" and "Dao Fa Zi Ran" (governance through non-action) found in the Tao Te Ching. In 485 BCE, Laozi authored the Tao Te Ching, then left for the West, disappearing without a trace. In 2008 CE, Satoshi Nakamoto anonymously published the Bitcoin whitepaper, launching the first Bitcoin network the following year, eventually decentralizing its management to the community. Over two millennia, both figures disappeared after spreading their teachings, embodying the decentralization philosophy through their absence. The Tao Te Ching says: "By doing nothing, nothing is left undone." Satoshi Nakamoto says: "A truly peer-to-peer electronic cash system should allow online payments to be sent directly from one party to another without the need for a financial institution." This non-intervention aligns with the principles of Wu Wei, where Bitcoin’s market value has grown from zero to a $2 trillion asset over 15 years.The Bitcoin system operates through non-action, yet governs all without interference; it does what is uncontentious, yet nothing can challenge it. Subsequently, decentralized autonomous organizations (DAOs) in smart contracts emerged, following the same 'non-intervention' approach as the Bitcoin system. Interestingly, their abbreviation, DAO, coincides with the pinyin of the Chinese word 'Dao,' embodying the brilliant essence of 'The Dao that can be told is not the eternal Dao.' The Tao Te Ching also says: "The Way (Dao) follows nature." Natural laws, including decentralization, cannot be altered by human will. Just like the running of wind, rain, thunder, and lightning, Bitcoin's system operates autonomously through its code, neither good nor bad. The Tao Te Ching says: "Dao produces one, one produces two, two produces three, and three produces all things." In cryptocurrency, "one" is Bitcoin, the decentralized "Dao" producing peer-to-peer blockchain technology. "Two" is Ethereum,the peer-to-peer blockchain technology has evolved into a decentralized application system with smart contract functionality, which is expected to develop into a global decentralized computing system in the future. But what is "three"? I once thought that stablecoins, represented by USDT and DAI, were 'the third' because they made cryptocurrency pricing and transactions simple and efficient, allowing everything to flourish. However, I overlooked the exchanges that facilitate the transactions themselves. To this day, exchanges are still dominated by centralized exchanges (CEX), led by Binance. Even during the DeFi summer, where various smart contracts surged with decentralized protocols, decentralized exchanges (DEXs) like Uniswap, driven by AMM (Automated Market Makers) liquidity, emerged. However, due to fragmented liquidity, high latency, slippage, and risks like Permit authorization, they have been limited in widespread adoption, and can only serve as supplements to centralized exchanges—providing liquidity and acting as hubs for some long-tail assets. Even with the V3 iteration moving towards concentrated liquidity, similar to an automated market-making strategy, it has improved liquidity and reduced slippage, but is still mainly used by DeFi enthusiasts, professional market makers, and traders. As of today, Uniswap's TVL (Total Value Locked) is only $6.37 billion, down over 30% from its peak of $10 billion in November 2021. Meanwhile, Binance’s TVL, as shown in the December 2023 Merkle proof of assets, exceeds $100 billion. In terms of volume, Uniswap’s daily volume is $3 billion, while Binance exceeds $100 billion. Whether in terms of TVL or volume, DEXs cannot compete with CEXs. The stagnation of DEX development has directly impacted the growth of decentralized protocols’ TVL, which is an inevitable result. As the development of DEXs falters, assets reliant on CEX trading are not being withdrawn to the blockchain, causing on-chain assets to stagnate (where asset prices rise but TVL declines). Fortunately, the situation is gradually reversing. Over four years of DeFi development, on-chain oracles have become increasingly stable, cross-chain interoperability is becoming more secure, and TPS (transactions per second) on Layer 1 and Layer 2 chains are rising, while ensuring security and decentralization. POS (Proof of Stake) validation is becoming more decentralized, with more native and mapped assets on-chain. Hardware wallets, such as AA wallets, have improved in usability and risk resilience, while infrastructure is becoming more robust. Decentralized protocols and applications are thriving, and the four-year development of smart contracts has cultivated a large user base for decentralized applications. As assets, applications, and users all move towards decentralization, yet the most important liquidity exchange scenarios remain centralized, this is far from truly decentralized. Then came HYPE (Hyperliquid), and it seemed that the 'third' I had been searching for all these years was confirmed and validated the moment I discovered it. The weight I had once placed on stablecoins has also shattered. The 'third' I had been pursuing, the one that could enable large-scale adoption, was always the DEX capable of achieving this—before HYPE appeared, DEXs were merely optional supplements. But after HYPE emerged, it introduced a high-performance EVM chain designed for financial transactions, a Layer 1 product component with low latency and high throughput, creating a DEX with an on-chain order book that rivals CEXs. It has been running smoothly for over a year and a half, even during peak trading periods, ensuring a low-latency, high-performance trading experience. Large-scale adoption has already been proven by time, and its zero-incident reputation has attracted a large number of real users. Even without token rewards or incentives, users, TVL, and volume have all continued to grow steadily. Before the mainnet launch, the TVL, based solely on USDC deposits, reached $1.2 billion. The project team is low-key, humble, and not greedy, focusing solely on the product itself, with no VC investment or promotional campaigns. Word-of-mouth and user referrals have been the only drivers. The token distribution (TGE) is entirely oriented towards benefiting real users. This style, almost akin to the original ethos of Bitcoin, is even more focused on user-centricity than Ethereum or Bitcoin itself. It can be foreseen that when HYPE's mainnet goes live, with native and mapped assets executing simultaneously, mainstream asset spot trading and perpetual futures with joint margin trading will be launched. TVL will quickly surpass $10 billion, triggering a positive flywheel effect. Both TVL and volume will surge, outpacing all others. A large number of market makers, professional investors, and users will bring their capital on-chain for long-term involvement. Centralized exchanges (CEXs), for strategic reasons, will be forced to inject liquidity and invest in their tokens to secure some degree of pricing power. A variety of decentralized protocols will flourish after the HYPE mainnet launch, including decentralized lending, stablecoins, staking, restaking, and RWA (Real World Assets) protocols. The entire DeFi market will benefit from the irreversible shift towards decentralized on-chain trading that HYPE will drive, particularly decentralized lending platforms like AAVE and stablecoin DEXs like CRV. As on-chain assets and transactions grow, lending derivatives and more frequent stablecoin swaps will follow. For other DEXs of similar types, such as DYDX, unless they find a differentiated path to evolve their products, their TVL and volume will be continually suppressed until they collapse. Uniswap, as an AMM-based market maker for spot trading, will initially benefit, but as HYPE's spot trading area improves, its growth will be hindered. However, AMM liquidity will still have a long-term market position as supplementary liquidity for order books and a venue for long-tail asset trading. The biggest beneficiaries will be AI. The number of trading strategy AI models will rapidly increase alongside HYPE's growth. Various types of AI will be able to freely trade with different strategies on HYPE without worrying about CEX asset freezes or withdrawal issues. At present, some users may mock the idea of HYPE becoming the Binance of the blockchain as a joke. However, years from now, they will only remember that Binance was the off-chain HYPE. The deconstruction of CEXs and the reconstruction of DEXs is quietly taking place in this winter. There is no longer the brilliance of DeFi's Summer, only the quiet beauty of CEXs, which are now being stared down by death. If my judgment is wrong, it will only be because HYPE has failed to fulfill its mission as a DEX. However, in the future, there will be one or even multiple 'HYPEs' that will carry on this vision and complete the irreversible revolution in the cryptocurrency era. And I, too, will eventually find the missing 'third' in the crypto faith that has been absent for so many years—the 'three' that gives birth to all things. @HyperliquidX @HyperFND @chameleon_jeff

Greed Unplugged: NV Energy Betrays Lake Tahoe for Data-Center Dollars NV Energy recently announced a plan to cut power to nearly 50,000 residents in the Lake Tahoe area next year. After decades of reliably lighting homes, powering refrigerators, and keeping families warm through Sierra winters, the utility is redirecting that electricity to feed the insatiable hunger of data centers sprouting across northern Nevada. This move should enrage every American who still believes utilities exist to serve people, not pad corporate bottom lines. Let that sink in. While families in one of America's most iconic natural treasures face blackouts, server farms humming 24/7 for Big Tech will get all the juice they want. This isn't a temporary shortage. It's a deliberate choice: profits over people. Data centers don't breathe mountain air. They don't raise children, pay property taxes that fund local schools, or worry about frozen pipes when the power dies. They exist to store cat videos, targeted ads, and whatever else keeps the surveillance economy humming — all while consuming obscene amounts of electricity. And NV Energy, instead of investing in more generation capacity or prioritizing human needs, has decided the future belongs to the highest bidder. This is raw, unadulterated corporate greed dressed up as "economic growth." Residents who built their lives around Lake Tahoe — many on fixed incomes, many who chose the area for its beauty and relative peace — are being sacrificed on the altar of AI hype and cloud computing margins. The message from NV Energy is crystal clear: your lights, your heat, your daily life are less important than keeping Silicon Valley's servers cool. Utilities have a public obligation. They enjoy government-granted monopolies precisely because electricity is not optional — it is a modern necessity. When a utility chooses data centers over human beings, it violates the most basic social contract. Lake Tahoe residents aren’t asking for luxury; they’re asking not to be left in the dark so some hedge-fund-backed data farm can turn a bigger quarterly profit. This outrage should not stand. Regulators must step in. Nevadans must demand accountability. And every American watching this travesty should recognize it for what it is: a warning. When greed is allowed to supersede human needs, the lights go out — not just in Lake Tahoe, but eventually everywhere ordinary people live.