# #ETH 🇪🇹 | Weekly Recap

*Author: Ryan Sean Adams*
*Published: Jul 24, 2021*
*Source: https://www.bankless.com/eth-weekly-recap*

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Dear Bankless Nation,

Jack trolled the Ethereum community this week.

![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/public/images/16f907cd-e5d5-472a-ba64-70235724dc2c_1072x196.png)*Common Jack…#BTC has a Bitcoin symbol on twitter but #ETH is suddenly Ethiopia and you tweet it? Don’t be that guy...*
With the Summer Olympics starting up, every country’s 3-letter abbreviation on twitter gets a flag after the hashtag.

#USA🇺🇸

#FRA 🇫🇷

And…#ETH 🇪🇹

#BTC gets a symbol on twitter but #ETH becomes the abbreviation for Ethiopia.

*It’s just a hashtag though.*

Yeah, of course. But there’s context.

Jack knows hashtags are important for social legitimacy.

Here’s [him in 2020 celebrating](https://twitter.com/jack/status/1223841364711854080?s=20) Twitter’s addition of the Bitcoin symbol for #BTC, even [calling for Unicode](https://twitter.com/jack/status/1223841364711854080?s=20) support. *Bitcoiners go wild.*

Here’s him saying [No to ETH](https://twitter.com/jack/status/1410269221855154186?s=20) even as Twitter minted [Ethereum NFTs](https://rarible.com/twitter?tab=created). Here’s him announcing plans to create [DeFi on Bitcoin](https://cointelegraph.com/news/defi-on-bitcoin-jack-dorsey-launches-new-square-division-to-make-it-easy) while completely ignoring the progress made in the existing DeFi ecosystem.

*No big deal. Jack can support things he believes in and ignore things he doesn’t.*

Yeah, for sure.

But all I’m saying is he knew **exactly what he was doing** when he tweeted #eth 🇪🇹.

Anyway here’s where the story gets good.

The Ethereum community didn’t get angry. They didn’t whine.

They embraced #eth 🇪🇹

> [](https://twitter.com/BanklessHQ/status/1418368850052096003)

And ran with it.

> [](https://twitter.com/QwQiao/status/1418364199860936707)

And made it fun.

![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/public/images/8b375cf1-bfff-4110-91c7-a261e9ddf718_828x616.jpg)Maybe they’ll make it positive next.

> [](https://twitter.com/RyanSAdams/status/1418559762564800513)

Ethereum 🤝 Ethiopia.

Like [Luther’s reformation](https://www.youtube.com/watch?v=karddOiv4ZA), the people pushed back through memes.

The point is this…

Jack Dorsey—the CEO of the 4th largest social media network in the world and with the power to literally ban a president—doesn’t get to decide which cryptocurrency you use.

Neither does Jerome Powell. Or Jamie Dimon. Or Elon Musk.

They can *try* to use their power to influence the outcome…but they don’t control it.

This is a bottom up revolution.

The people get to choose.

You. Me. Us.

Here’s what’s lined up for next week:

- We’re dropping the EthCC podcast experience (*your FOMO antidote*)
- A deep dive into Olympus DAO 👀
- Tuesday is BED Day with the Index Coop! (*best DAO in crypto?)*
DO NOT MISS.

Have a great weekend everyone.

- RSA

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#### **ACTION RECAP **📚
- Execute any good market opportunities you saw in [Market Monday](https://bankless.ghost.io/i-still-write-checks-market-monday/)
- Learn [how to make money with Axie Infinity](https://bankless.ghost.io/how-to-make-money-with-axie-infinity/)
- Explore [what happens when you donate $500M in dog tokens to Gitcoin](https://bankless.ghost.io/500m-in-meme-coinsnow-what/) 🔥
- Evaluate [Perpetual Protocol and PERP](https://bankless.ghost.io/is-perp-undervalued/)
- Admin [what you were wrong about](https://bankless.ghost.io/what-were-you-wrong-about-open-thread/comments)