weird cycle - ahri's unqualified thoughts #73

Easy to consume content: 1 quote, 1 tweet/storm and 1 article/video.

In this edition, we talk about a wonderful podcast touching upon crypto cycles, and the mistakes to avoid. Also, sharing a cool video from Finematics about Ethereum’s latest momentous update: Dencun/EIP-4844.

1 quote

"No legacy is so rich as honesty." - William Shakespeare

1 tweet/storm

Yes, I am putting myself on this area, but for a good reason: I have summarized the excellent conversation between Taiki Maeda and 0xWangarian.

It's my 2.5th cycle in this industry, and the last one left me scarred for many reasons. Their conversation touches upon what should be done for first cyclers, but also for the returning persons. I highly recommend listening to the podcast, or at least reading my notes on it. There are tons of learnings.

Same as Taiki, I feel that I am overthinking many things, but on the opposite, when I left my brain off and went full left curve on the previous cycle, I lost a lot.

Right now, I am underperforming vs many left curve people who threw their whole networth at shitcoins.

Anyway, this cycle is very interesting and weird, as we have blown past ATH for Bitcoin, and not many people are celebrating. The Coinbase App isn't at the top of the charts, and my Uber drivers aren't trading shitcoins or telling me about their new 100x gem…

Let's see how this goes.

1 article/video

Not going to pretend I understood everything about this update. But what is sure that fees will go down for Layer 2s, and that’s a very good news for us farmers… sorry, I meant honest users.

These past few weeks saw ETH (and L2) fees reaching skyhigh costs, and it’s clearly not enjoyable, except when you’re extremely wealthy in ETH. Watch the video, probably some of the best mins of your week (well, was the case for me)