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~monthly RFF: what financial ops pain points are you facing as an onchain builder or business? things queued up atm: cost-basis tracking, private sends, raising capital
monthly RFF: what financial ops pain points are you facing as an onchain builder or business?
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if crypto is speed running 100 years of financial learnings, ai is speed running 100 years of collaborative learnings (agents are human shaped)
Yohei avatar
Yohei
@yoheinakajima
2d
society has solved “collaborating at scale over long horizons with auditability” a few times and it’s often around an immutable log: • software / open source: git commit history • financial systems / accounting: transaction journals / double-entry ledgers • medicine /
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pretty based that both cb & rh settle to, and are therefore interoperable through, ethereum global finance backbone via credible neutrality
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this is why commitment engineering is so important SS from pg's "how to start google"
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> The difference between a Turing machine and a finite state machine is the tape
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the more I think about existence, the weirder it becomes
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end of an era losing money on bitmex used to be a crypto rite of passage
BitMEX to Close on September 23, Halts New Sign-Ups The crypto derivatives pioneer told users to close positions and withdraw funds before it goes dark on September 23.
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being able to permissionlessly integrate Rain cards in this way is one of those crypto composability wins that you can never unsee
The way @splits is built enables some really unique approaches to how we ship product. This changelog highlights two of them. 1. Splits multisigs are deterministic, so every Splits address is universal. Customers set their Splits accounts as receivers on Robinhood before we officially "supported" Robinhood, and were
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it has always been intellectually ~obvious why investment dries up during ~recessions now I have a visceral/experiential appreciation for it as well
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ignore the platform potential, prove it works for one the rest follows
ansem has a better chance of launching a creator coin platform by proving what the model should look like with his new token than zora ever did how could something that’s never been proved work at scale? and only reason it’s never been proved is nobody wants to put in the work to do it, especially at market bottoms
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i’ve been conflicted awhile about how to think and act re china, but something that just clicked for me: it doesn’t have to be any more complicated than “china inc” and generic antitrust
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default closed (no smell) + foot pedal (no touch) = 🧑‍🍳💋
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it will never not be funny to me how upscale 7-eleven is in some other countries
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the bottleneck for expanding machine intelligence is liability mgmt
i am pretty ASI-pilled but then you think about it and it's like, how long until humans are no longer in the loop of e.g. firefighting? and it has to be at least 15 years
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gotta own your distribution at the end of the day
Imo entrepreneurs should expect X to vertically integrate most any large product category that gets distribution largely through the feed (and ultimately ban or nerf competitors once the product is established) Tokens, prediction markets, AI content, etc.
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