Ameen Soleimani

@ameensol

moloch

Los Angeles, CA
Joined August 2013
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  1. Pinned Tweet
    19 Dec 2016

    Decentralization is an optimization. Premature optimization is the root of all evil.

    2 replies 2 retweets 12 likes
  2. Retweeted
    4 hours ago

    today...

    4 retweets 8 likes
  3. Retweeted
    3 hours ago

    Lots of people in Ethereum right now, be like ...

    8 replies 18 retweets 37 likes
  4. 14 hours ago
    Replying to

    This is the reality of moloch.

  5. 14 hours ago
    Replying to

    You too must sacrifice your values for competitive advantage, just to preserve some future opportunity to accomplish the objective.

    1 reply 1 like
  6. 14 hours ago
    Replying to

    Try to inform the market? Fools errand. Rationalizing: if you don't join, you will be worse off in the next round. You have to join.

    1 reply 1 like
  7. 14 hours ago
    Replying to

    What is a rational person to do? Join the fray, because if you don't the next person will? Outcompete the ponzi schemes? Sit out the round?

    1 reply
  8. 14 hours ago
    Replying to

    It becomes difficult for people trying to work towards objectives to compete in the labor market with the returns offered by ponzi schemes.

    1 reply
  9. 14 hours ago
    Replying to

    With enough uncertianty and willing participants, market dynamics heavily favor ponzi schemes, which end up competing on their "ponziness"

    1 reply
  10. 14 hours ago
    Replying to

    People who like to accomplish objectives often employ ponzi schemes to do so. Most successful startups are examples of this.

    1 reply 1 like
  11. 14 hours ago
    Replying to

    Sometimes, if the ponzi scheme isn't rewarding enough to the early joiners, even if it has a good objective, it will fail.

    1 reply
  12. 14 hours ago
    Replying to

    There are a few reasons why ponzi schemes are undesirable 1. no objective 2. objective sucks 3. fails to accomplish objective

    1 reply
  13. 14 hours ago

    In capitalism, most profitable ventures are ponzi schemes. The rewards disproportionately favor early joiners and depend on late joiners.

    2 replies 3 likes
  14. Retweeted
    15 hours ago

    Or to put it simple - if all you offer is a "store if value" promise you get damn close to a Ponzi scheme.

    Wrote another blog post on "store of value" nonsense. Bad economics needs to go away. h/t
    3 retweets 14 likes
  15. 20 hours ago

    I too played a warlock. Affliction and destruction.

    Replying to @Steven_McKie
    Because warlocks are awesome? Geez :)
    1 reply 1 like
  16. 20 hours ago

    If we're in a crypto bubble, and a fiat bubble, which bursts first?

    Am I the _only_ one who thinks we aren't in a crypto bubble, yet?
    1 reply 1 retweet 4 likes
  17. Retweeted
    Jun 9

    Transacting via blockchain *so much* better than via bank. Just wanted to say it.

    2 replies 68 retweets 209 likes
  18. Retweeted
    20 hours ago

    The fight for the most successful stablecoin will be epic. Public free market versus gov tokens on public chains. Wonder who wins?

    2 replies 4 retweets 18 likes
  19. Retweeted
    Jun 9

    Few people know that we started Tesla when GM forcibly recalled all electric cars from customers in 2003 & then crushed them in a junkyard

    1,265 replies 13,977 retweets 43,112 likes
  20. Retweeted
    Jun 9

    What will have more impact on you than in 2018? . Buy it, ride it, watch it, let it twist you up.

    Learn more about the vision behind and contribute to the crowdsale:
    10 retweets 28 likes
  21. Jun 8

    Vitalik, congratulations on speaking with Putin! How was it?

    Replying to @fonebtc
    Quite well, thank you.
    2 likes

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