farctual-life

(2022)

https://www.youtube.com/watch?v=z-CcdRv87CA

1/ Hi Farcaster Fam!

Today, we're proud to announce that Stripe is acquiring Privy.

We couldn’t be more excited.

Privy continues as an independent product – but now we’ll move faster, ship more, and serve you even better, so you can stay focused on your users.

“We can’t, we don’t know how to do it”

Unironically, this is the state of the NFT API market.

There were dozens of players during the last hype cycle. Most pivoted to AI or shut down. 

Easier said than done, but if a small and scrappy infra company had just kept building quietly, week after week, they’d be feasting by now.

Maybe I’m just a romantic about startups. Or naive.

Tesla stock down %16 today so far after everyone on the market moved their money to buy more Circle.

Does the Circle IPO and its price action today open the door for Stripe to go public?

Fundamentals:
- Est P/E ratio = 46.6 (cb is ~46 but they are more than just a stablecoin)
- If/When trsy yield drops, they start losing money really fast
- Other stats (see pic below)

Degen/Hype/Growth:
- $7.2B market cap is basically free compared to Ethena or Maker.
- BlackRock and Ark need exposure to stablecoins
- Congress/gov is passing laws (GENIUS Act)
- Literally the ONLY stablecoin/crypto exposure institutions can access (aside from Coinbase — who gets paid by Circle anyway).

NFA

Free analysis on the upcoming Circle IPO. (Available to all Farcasters regardless of "Pro" membership)

Anthropic CEO says AI could eliminate half of all entry-level white-collar jobs

What is the upside for an AI company to make statements like this? Does it actually result in net gain for the value of Anthropic?

E.l.f to acquire Rhode for a cool billi 
https://www.businessoffashion.com/articles/beauty/elf-acquires-hailey-biebers-rhode-for-1-billion/

Hope this allows them to strengthen their marriage with more therapy sessions. #HaileyBieberSmoothie

@chaim.eth — Love Acid Test! There seems to be some sort of an issue where it notifies me over and over again. Tends to happen when the mint is ending and when there is a new episode. Would be good to get it sorted out!

Seeing some new faces & old friends on Farcaster this week.

Friendly reminder, you can now import your follow graph to Farcaster.

It is a bit of manual work but many people found friends from X on here they haven't been following. 

We will also start sending notifications when we find matches soon.

(Works on Farcaster web)

Seeing some new faces & old friends on Farcaster this week.

Friendly reminder, you can now import your follow graph to Farcaster.

It is a bit of manual work but many people found friends from X on here they haven't been following. 

We will also start sending notifications when we find matches soon.

(Works on Farcaster web)

https://farcaster.xyz/~/settings/import

If you are using "gay" as an insult, you are not edgy. You are just a pathetic loser.

Not usually a "bucket list" person, but if I had one, attending the F1 Monaco Grand Prix would be at the top.

React Native

Switching from the iOS simulator to a plugged-in Android device has been one of my biggest recent productivity wins working with React Native. (NFA)

We made some updates to feed image rendering on Farcaster.

Finally figured out the advanced technology to render images closer to their expected aspect ratio and expanded the max feed aspect ratio to 1:2. We expect this change to no longer cut-off longer images at the bottom. (Especially memes)

Hope you all enjoy and please continue to share feedback on how image rendering on feed can be improved.

Warpcast

prayer circle

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Not seeing much on the internet about why Circle might be looking to sell instead of going public.

Could be a reason as simple as the share price determined by bankers are just too low or could be around being a public company (increased reporting requirements) that make it hard for them to operate.

Goksu Toprak

@gt