how to live an asymmetric life

Increasingly feel we collectively need to dump the term “yield-bearing stablecoin” ASAP. It’s more pernicious than RWA is for digital/onchain assets (implying digital/onchain assets aren’t “real”). The primary feature of a stablecoin is STABILITY + interchangeability with fiat.

Every crypto guy after reaching 10 figs. Gm

Every b2b ai company all have the same customer logos. Are you telling me that Google, Microsoft, Nvidia etc have vendor subscriptions with like 20 different of these companies lol

I never want to look at my parents grocery receipt when I go shopping with them. It’s bad

How does a Fed cut affect Circle? Circle runs on two engines. First is the yield on the USDC reserve (cash and very short T-Bills) and second is the network/transaction revenue. Today, it’s basically driven by the former. 99% of revenue came from reserve income. A 100 bps cut

High Agency is the most important skill for any individual, business, or entrepreneur. -- was topic of discussion at lunch with 🦇 Pontivflex 🦇 today.

What do you mean, it’s a “lab grown” diamond?!

"we decided to go a different direction"

I just realized IBKR is a $100bn company.

Introducing @Tempo. At Stripe, we care about high-throughput, low-latency payments use cases. As the use of stablecoins (and crypto more broadly) grows across Stripe, Bridge, and Privy, we found that existing blockchains are not optimized for them. For example, it's valuable

everything is such a post-agi investment thesis

kalshi blowing polymarket out of the water atm

"why do people keep building L1s" because the winner is a $1T+ market cap play brother

Proposal: Agora stablecoin infrastructure to power USDH with a coalition of best-in-class providers. Introduction If Hyperliquid relinquishes their canonical stablecoin to Stripe, a vertically integrated issuer with clear conflicts, what are we all even doing? Summary -

Don’t start with the product. Start with distribution. I give this advice to entrepreneurs all the time because distribution is the hardest part of building a company. “Build it and they will come” almost never works. And even if you expect distribution to be hard—it’ll be 10×

Last year: Pre-revenue, bold demo, borrowed Ramp's office on a Sunday to film a launch video. This year: $10B company, revolutionary product, core contributor to Ramp's codebase. Congrats team Cognition, Windsurf and Scott Wu, living proof of how fast AI is moving.

there’s an infinite amount of opportunities out there. how abundant is this world