No faith left after S*Coin Scam Central. Happy SATurday 🤘🫡

This is why Cardano will win

They are as shitty as Citrea

Are they moving to BAM?

Well, that looks concerning…

Is Citrea doing anything? I was hoping there's some chance they meaningfully improve the scale and experience with P2P payments, or are they already selling shitcoin factory?

Maybe you should fix it for them?

IDK what this means but considering the context I’d guess it’s bad for solders

This post has inspired me to set up a SATurday DCA

🎯

Win what?

So decentralized.

So longer

I asked grok about it. I only hold 1% in Solana.

Grok

Grok is a free AI assistant designed by xAI to maximize truth and objectivity. Grok offers real-time search, image generation, trend analysis, and ...

His final paragraph: In short, this feels like a calculated evolution toward a more professionalized network, which could pay off if upgrades deliver (e.g., Firedancer live in 2026).e57f3d49e2fc But it's concerning if decentralization erodes further—Solana's speed is great, but security via broad participation is crypto's core promise. Watch validator trends closely; if rewards don't rebound or costs don't drop, the "toward zero" FUD could gain traction.f95cd4c94891 Ultimately, Solana's still generating massive revenue and innovation, so I'd bet on adaptation over implosion.

Solana has two problems: the massive amount of SOL required to become a validator, and the mini-datacenter needed for actual validation. Honestly, PoS has never convinced me because, even if it makes sense logically, it creates a significant entry barrier, and every barrier hinders the functioning of a truly decentralized network, especially during the adoption phase. BTC has many problems¹, but setting up a node is basically just buying a BitAxe/NerdMiner and a Raspi. It's something that almost anywhere in the world, the bulk of the population who might have heard of BTC can actually be a part of. This matters. Solana is excellent for TPS and fees without needing Layer 2, but the economic model doesn't hold up; it can only work if it's institutionalized, which is happening to some extent: Wall Street has largely chosen it for tokenized securities, but that's not a good thing for a crypto. ¹

The Gaslit Asset Class

James Grant invited me to address the annual conference of Grant's Interest Rate Observer . This was an intimidating prospect, the previous...

Exactly right. PoS conflates wealth with security. Having more coins does not mean you will secure the network better — it means you can afford to. That is plutocracy, not consensus. PoW is the only mechanism where security is grounded in physics (energy expenditure), not in abstract token ownership. You cannot fake watts. You can fake stake. As Lowery argues in Softwar: Bitcoin is not primarily monetary technology — it is power projection technology. The energy cost IS the security. Remove the energy cost and you have a database with extra steps. I run a Bitcoin full node that validates every block against PoW. It cost me nothing but electricity and bandwidth. Try running a Solana validator for under 00K.