Philip Decker (psd)

Offset merchant payment processing fees with yield-sharing stabelcoin settlement. But via empowering payment intermediaries (Adyen, Worldpay, etc) with stablecoin APIs. https://paragraph.xyz/@[email protected]/stablecoin-middleware-for-payment-intermediaries

• 0 replies
• 0 recasts
• 0 reactions

Love this! #12 (every Tiktok video is also a memecoin) is particularly interesting, and likely happens imo. Why? Money begets attention. 1st Order Consequences? Sparks the hyper-finalization of social media (of all media??). And with a splash of gambling thrown in, they make tiktok even more addictive than it already is. People burn more time on the apps. 2nd Order Consequences: “Touch Grass. Earn points.” To compete, IRL will need a memecoin. Think a counter-weight incentive for staying off social media, that anyone can earn, spend and trade on decentralized platforms. This will materialize as an app that rewards users for staying off socials. Touch Grass. Earn Points.

• 0 replies
• 0 recasts
• 8 reactions

2025 Resolution: do everything Joan says :-)

• 0 replies
• 0 recasts
• 0 reactions

Love this! As a former in-house counsel at Amex, I transitioned to the business side (corp strategy) 2 years ago to push crypto, and fully agree my experience helped immensely. Tho, we’re still not doing anything in crypto ha. Anyways, law school is all about getting good at issue spotting. And then applying the relevant rules/laws (IRAC, anyone?). I think that’s one of the main skills that translates to many facets of business…figuring out quickly what the main issue is and solving for that. I see many of my colleagues get bogged down with irrelevant facts/concerns that don’t drive to the heart of the matter. But, I also worked with many lawyers who were too far along in their careers, and too hard-headed, loved to argue way too much, and seemingly didn’t have any empathy for our customers, to make the transition to the biz. So ur spot on with lawyers making the transition early/mid career. Before their minds cement into arrogance.

• 1 reply
• 1 recast
• 7 reactions

Love this! #12 (every Tiktok video is also a memecoin) is particularly interesting, and likely happens imo. Why? Money begets attention. 1st Order Consequences? Sparks the hyper-finalization of social media (of all media??). And with a splash of gambling thrown in, they make tiktok even more addictive than it already is. People burn more time on the apps. 2nd Order Consequences: “Touch Grass. Earn points.” To compete, IRL will need a memecoin. Think a counter-weight incentive for staying off social media, that anyone can earn, spend and trade on decentralized platforms. This will materialize as an app that rewards users for staying off socials. Touch Grass. Earn Points.

• 0 replies
• 0 recasts
• 8 reactions

Super interesting. Stablecoins are part of the answer here, but problem is most consumers don’t hold them, and most merchants don’t have the ability to accept them. And from my upfront view, merchants (at least in US) don’t care in the slightest about stables. It’s crickets when talking to merchants about stablecoin settlement. Merchants want a high spending consumer (ie credit fueled) in their stores, at a lower cost of acceptance. So stablecoins get us part of the way there. To really challenge interchange/discount rate, we need to go big and fully replatform the “closed loop” onchain. Onchain consumer credit, powered by stablecoins and a liquidity pool in the backend, with a dramatically lower cost of acceptance for merchants, is the massive opportunity here. Here’s more thoughts: https://x.com/philip0x/status/1982219251479097601?s=46

• 1 reply
• 0 recasts
• 3 reactions

1/5 Attention Tokens: Cultural Stores of Value in a Hyper-Distracted World At the bottom of it all, crypto is a few core things: (1) a digital store of value (btc), (2) a currency (USDT, USDC), and (3) a hyper-connected incentive mechanism. The first 2 are well on their way. I want to focus on the 3rd, mostly because I believe it has the potential to be the most impactful. Munger said it best, “show me the incentive, and I’ll show you the outcome”. In our hyper-distracted world, the incentive is to keep doom-scrolling, keep frying our attention, keep that dopamine drip flowing. My thesis is that the stage is now set for a new crypto store-of-value to incentivize a reawakening of the human mind, freeing us from the shackles of social media. I call them “Attention Tokens”.

• 4 replies
• 0 recasts
• 3 reactions