retsacraF

@retsacraf

1213 Following

1042 Followers

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Dan Romero pfp

these are cursed haha

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Why isn’t there an LLM for booking flights yet? Save payment, frequent flier, TSA PreCheck.

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In the US (the most valuable fiat-to-crypto market), onramp is about fraud. Specifically: 1. Stolen payment method fraud 2. "Friendly" regret-based (i.e. price goes down) fraud It's different than e-commerce fraud since doesn't require a physical shipping address (you can use spoofed KYC and get the good you're purchasing if it's crypto). You're also delivering the asset instantly and in a non-reversible way. And then you have a chargeback risk 30+ days later. It's a problem that requires a specific consumer data set and proprietary machine-learning model. Can Stripe build one here? Yes. Does that happen quickly? No. https://x.com/realitywarp/status/1932907314937246128

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https://www.betswirl.com/base/casino/dice/77254810007502430273380265586070711376734894056199008859023286656714799480881

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https://www.betswirl.com/base/casino/dice/33424436694988110939493714632019586329595519524936255614014039747858438013094

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Remember when the Bitcoin, Ethereum and Solana teams did their airdrops?

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Farcaster Pro is an important step forward in making the protocol sustainable. Raising a bunch of money from investors and spending it is not sustainable. It’s a tactic not a strategy. If the protocol can charge a fee that people are willing to pay annually, then it will have budget to spend on what is important to the protocol—independent of any one company. We’re starting with a pragmatic, optimized for speed approach today where we are centrally collecting, deciding (via an algo) and distributing rewards. In the next few weeks, subscribing to pro will be onchain and permissionless. In the longer term, ideally we can figure out how move rewards to something more akin Bitcoin or Ethereum block rewards where funds are collected and distributed entirely at the protocol. We’re not close to this and not a near term priority, but it’s where we would like to get to. (Solve the problems in the correct sequence.)

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ok so now that pro is launched time to revisit the “probably dumb but might work after you launch subscription ideas” notion doc

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We sold 10,000 x $120 pro subscriptions for the protocol today with stablecoins on Base. No hiccups. For less than $10 in gas fees.

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Why ship Farcaster Pro with just a badge? Why not wait until the other benefits are ready? 1. It’s optional. If you think that’s dumb, you can either wait to subscribe or just skip subscribing completely. 2. For startups, every day you delay something matters. Every time you say “this thing is different and worth delaying” you degrade your one true advantage as a startup: speed. It compounds. And then a few years later when it ultimately doesn’t work out, you likely missed out on something like 100% more opportunities to ship. Action produces information. Your pre-product-market-fit startup is not Apple.

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Have enjoyed listening to Walter Scheidel interviews recently. https://youtu.be/U4Stzxi-m4s?si=pRpw-OooqSUWfR9o https://youtu.be/ZrK-3-qYU8I?si=RwXvewmEwV7LgAhl

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Wow @uniqueobject you're so talented 😍

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