Michael S Wildcard  ✨ πŸ˜Άβ€πŸŒ«οΈπŸ—½βš‘'s avatar
Michael S Wildcard ✨ πŸ˜Άβ€πŸŒ«οΈπŸ—½βš‘
MichaelS@bitcoinveterans.org
npub168u2...68qx
Location: Middle Tennessee, USA Homesteader, entrepreneur and all around goofball Talks about: Guns, knives, pipes/tobacco, livestock, Liberty, Freedom, Free markets, Austrian Economics, AMSOIL, Infinite Banking, Bitcoin, Shitcoin, Lightning payments, building meaningful social relationships, business, entrepreneurship, homesteading, permaculture, agriculture, generational wealth, personal finance... Member of npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r get on the mission #GrowNostr #AMSOIL #AMSOILLubeDirect #LubeDirect #InfiniteBanking #FinancialTailwind #plebsrustica #ChestnutRidgeTN #middleTN #Tennessee ⚑⚑ zapper Nostring since 4/20/23
This is interesting. The Ethereum Food Chain, Who’s Allowed to Eat? If extracting value from open systems is a crime, what do we make of the rest of the MEV economy? Every day, bots front run retail traders. According to EigenPhi, in the last 30 days on Ethereum alone: Over 70,000 sandwich attacks targeted more than 30,000 victims. More than $8 million USD was used to extract approximately $1.4 million USD in profits from unsuspecting DeFi users. One could argue the MEV Brothers were the only real good actors in this story. Their actions made the market fairer through deterrence, effectively protecting users.
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