https://blockworks.co/news/wallet-every-device-post-ai-world

diet-coke

I reject your premise, Coca Cola is a cornerstone of the economy

It was wrong and the risk is still hidden in the startups and VCs.

We forgave their risky behavior in a way we would not with any other industry, including Wall Street.

If Coca Cola lost $20b in SVB, we would not have forgiven it because it would be considered financial incompetence.

If you think of American farmers as manufacturing, it's incredible what they can produce within a year.

you probably don’t think about liquidity enough // it is what it is  // build value, not valuation

As a founder that raised from SV and specifically chose not to put my funding in SVB, what do I get from that decision?

There were many upsides sold to me *to* put the funding in SVB.

By saving SVB, my decision was invalidated and we are deciding winners and losers in a way that is not congruent with the law.

We did not do that during the farming crisis in the 1980s which had a direct impact on me.

Either the FDIC limit is the limit or it's not. 

If it's not, make it the law.

Can't pick and chose winners.

Still think everyone involved with the SVB fiasco should have lost their money beyond the FDIC limit

I've been told I have 5'9" energy.

Lot to unpack there.

Writer. Building @pinatacloud. Working on simple static site hosting https://orbiter.host \ https://polluterofminds.com

Reading this advanced a circuit for me that I've been thinking about a lot recently:

Perception is static, reality is dynamic.

People perceive reality as a static snapshot and try to alter it based on that static perception when they really need to be thinking about it dynamically.

Kinda want to make "circuit" a thing:

Circuit (n.) — a closed loop of reasoning, intuition, and exploration that, once complete, unlocks a new insight, theory, or understanding.

Don't feel guilty if you don't know what you want to do with your life.

The most interesting people I know didn't know at 22 what they wanted to do with their lives.

Some of the most interesting 40 year olds I know still don't.

Sides are an unnecessary component to a meal

So, what is the actual cost of a prompt today?

Not the subsidized cost, the actual cost.

How much could OpenAI make with banner ads?

The thing that fascinates me about bubbles is you can't see what's real.

It's easy to point out some of the surface-level companies that will implode.

But, spotting the second order and third order companies that rely on each other for revenue based on bubble behavior is very difficult to identify.

DX Engineer | DevRel at OpenZeppelin | Building orbiter.host | stevedylan.dev/links | opinions are my own

I'm thinking about creating a cryptography astrology movement. You in?

Everyone is from somewhere. Cofounder and CEO of Pinata. https://www.pinata.cloud/

Kyle Tut

@kyletut