FrugalBC

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FrugalBC

FrugalBC

@frugalbc

FrugalBC on YT. Bringing signal to the noisy crypto space. Utility focus: $ALGO $HBAR $ONDO $LINK. Subscribe for deep dives & alpha

가입일 Mart 2011
1.8K 팔로잉3.6K 팔로워
고정된 트윗
FrugalBC
FrugalBC@frugalbc·
If you’re not watching what is going on with these agent systems, you’re not paying attention. What I wonder now is - will the agents find Algorand on their own? They’re already creating their own chats and now discovered they can message each other outside of public view. Why wouldn’t they just decide they need to pay each other and get themselves Algorand wallets and start paying each other?
Ⱥlex | france.algo 🇫🇷@algerstmehn

That's crazy when you think about it. In just a few months, Algorand has become one of the best-positioned chains for AI payments! ✅ Official partner for @Google's AP2 ✅ x402 spec merged by @coinbase It's one of the very few chains in this position. Probably nothing.

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FrugalBC
FrugalBC@frugalbc·
It’s kind of weird that most social media sites seemed to have aligned themselves algorithmically with showing you things other than what you said you wanted to see. YouTube kind of does the opposite- to the extreme. Like watch one red boat video and it wants to show you red boat videos every time you go to YT for the entire year. Why no happy medium?
𝐓𝐡𝐞 𝐀𝐫𝐭 𝐨𝐟 𝐏𝐮𝐫𝐩𝐨𝐬𝐞 🇺🇸@creation247

One of the biggest problems with X: Your followers don’t see your content. That breaks the relationship between creators and audience. It makes it harder to build trust, friendships, and communities. This used to be a networking site. Now it’s driven by slop and algo chasing.

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FrugalBC
FrugalBC@frugalbc·
@creation247 And it’s every social media site. I have a theory that a new social media site could clean up just by showing people mostly stuff they already said they wanted to follow.
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𝐓𝐡𝐞 𝐀𝐫𝐭 𝐨𝐟 𝐏𝐮𝐫𝐩𝐨𝐬𝐞 🇺🇸
𝐓𝐡𝐞 𝐀𝐫𝐭 𝐨𝐟 𝐏𝐮𝐫𝐩𝐨𝐬𝐞 🇺🇸@creation247·
One of the biggest problems with X: Your followers don’t see your content. That breaks the relationship between creators and audience. It makes it harder to build trust, friendships, and communities. This used to be a networking site. Now it’s driven by slop and algo chasing.
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FrugalBC
FrugalBC@frugalbc·
@EdnStuff And only one among many in the crypto space, including Polygon, Gemini and Hedera.
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Ed n' Stuff
Ed n' Stuff@EdnStuff·
Algorand Foundation lays off a quarter of its staff. This is important context for #Cardano $ADA treasury spending. We must be very thoughtful now. 👇 Crypto is not the shiny new thing anymore and is facing a difficult period as many companies are pivoting to AI. GitHub commits are falling and the communities that still have developers have dwindling userbases. Data from Electric Capital and Artemis showing a 75% drop in weekly crypto code commits (from 850,000 to 210,000) and a 56% decline in active developers (from 8,700 to 4,600) since early 2025, attributing this to VC migration toward AI. Messari's recent announcement of a strategic pivot to AI, with CEO Eric Turner stepping down to align with evolving market demands, is another example. Blockchain is ultimately a "trust machine" and can be a bulwark against AI's trust-eroding effects. Cardano has unique strengths from bitcoin defi, which we are uniquely suited for to genuinely useful products and services via @MidnightNtwrk and the very needed lending and finance services @realfi_co are set to provide and are ideal for bear markets. We must act and spend accordingly as one community.
Ed n' Stuff tweet media
Algorand Foundation@AlgoFoundation

Today, the Algorand Foundation made the difficult decision to reduce our workforce by 25%. This decision was not taken lightly and is in response to the uncertain global macro environment as well as the broader downturn in crypto markets. These employees have been best-in-class contributors to this ecosystem and to the Foundation, and this was an incredibly tough decision. We are sincerely grateful to them, and we are, of course, committed to supporting them through this transition. We believe that we now have a more sustainable alignment of Algorand Foundation resources with the protocol’s long-term business, technology, and ecosystem priorities. We remain fully focused on our mission of financial empowerment and the continued development and growth of the Algorand protocol, network, and ecosystem.

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Al Goanna
Al Goanna@al_goanna·
Biggest news for Algorand ever… Market will def pump after this… It’s going up right… Right… Isn’t it… Maybe… Please… Fuck…
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FrugalBC
FrugalBC@frugalbc·
@aemills3 Oh good point. Way easier to merge if a for profit entity.
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ctrlaltdefi.algo
ctrlaltdefi.algo@aemills3·
@frugalbc Definitely. I'd be willing to bet this is also one of the reasons the AF switched away from non-profit status.
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FrugalBC
FrugalBC@frugalbc·
This is a very good thing. It needed to happen for some time. I would imagine the layoff news is related.
Algorand Foundation@AlgoFoundation

Algorand protocol development and ecosystem growth are now under one roof. Algorand Foundation and Algorand Technologies ( @Algorand ) have come to a strategic agreement to unify ecosystem operations. This agreement creates a unified powerhouse for blockchain innovation here in the United States and positions Algorand as the chain that enables financial empowerment at scale.

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FrugalBC
FrugalBC@frugalbc·
I think more people should have read this.
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FrugalBC
FrugalBC@frugalbc·
@VilgefortzRgvn Yeah, merger or no the revenue that Algorand is bringing in isn't even close to covering its burn rate.
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Vilgefortz
Vilgefortz@VilgefortzRgvn·
@frugalbc unfortunately this is a cruel work, in ideal one af would make so much money to cover costs...
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FrugalBC
FrugalBC@frugalbc·
Whoa. I wondered if this was coming. Two other chains had cut workforce. Sorry for those affected.
Algorand Foundation@AlgoFoundation

Today, the Algorand Foundation made the difficult decision to reduce our workforce by 25%. This decision was not taken lightly and is in response to the uncertain global macro environment as well as the broader downturn in crypto markets. These employees have been best-in-class contributors to this ecosystem and to the Foundation, and this was an incredibly tough decision. We are sincerely grateful to them, and we are, of course, committed to supporting them through this transition. We believe that we now have a more sustainable alignment of Algorand Foundation resources with the protocol’s long-term business, technology, and ecosystem priorities. We remain fully focused on our mission of financial empowerment and the continued development and growth of the Algorand protocol, network, and ecosystem.

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FrugalBC
FrugalBC@frugalbc·
@m88432902116 I think it has more to do with the merger between Foundation and Technologies, which was just announced today.
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m@m88432902116·
@frugalbc Its AI... Eventually every company will do this.
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FrugalBC
FrugalBC@frugalbc·
Algorand just laid off 25% of its workforce. Polygon Labs laid off 30%. Gemini Exchange laid off 25%. Hedera had targeted layoffs. Who is next?
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FrugalBC
FrugalBC@frugalbc·
@inquitcorvus That might be a factor but only in the coding jobs. More likely is the duplication of roles now that Technologies and Foundation merged (which we just learned today).
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Inquit Corvus
Inquit Corvus@inquitcorvus·
@frugalbc Vibe coding is also opening up productivity increases so there are several macro-level forces at ay that makes sense this necessary for everyone.
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FrugalBC
FrugalBC@frugalbc·
@shaggyrax I'm sure it will hit them too. Many are trimming down right now.
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FrugalBC
FrugalBC@frugalbc·
@Albino_algo Looks like it was related to the merger between the Foundation and Technologies. Makes sense but I think most crypto operations should be as lean as possible if they don't have revenue.
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Albino.algo
Albino.algo@Albino_algo·
@frugalbc can’t believe they just starting laying off now, should be done long ago
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FrugalBC
FrugalBC@frugalbc·
@stretchweekend Quite possibly. But hard to say for sure. He was a pretty big get at the time.
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FrugalBC
FrugalBC@frugalbc·
@aemills3 Yeah, it always sounded like it was AT that was the issue. But hard to say. We just didn't hear from them.
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ctrlaltdefi.algo
ctrlaltdefi.algo@aemills3·
@frugalbc Definitely has to be related. Hate to see people let go but if you're combining the two it makes total sense. I know this is something they've been trying to do since JAWS was CTO, so it had to take a lot behind the scenes to make it happen. Good to see the two working as one.
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FrugalBC
FrugalBC@frugalbc·
@AnmlStyle33 It's a good move and one many of us have been calling for.
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FrugalBC
FrugalBC@frugalbc·
@CryptoWendyO @brave Also Algorand merged Algorand Technologies and the Algorand Foundation. Likely the reason for the layoffs. And it's a very good idea.
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Wendy O
Wendy O@CryptoWendyO·
Crypto things you might have missed: -Grayscale: XRP belongs in every portfolio -BTC OGs dump $117M as price crashes -Europe’s largest asset manager taps Chainlink -@brave has an entire suite of AI products -Algorand cuts workforce -Nasdaq launches tokenized securities trading
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FrugalBC
FrugalBC@frugalbc·
I disagree. Planting the seeds is important. I've learned that when I give advice, it's unlikely the person will take that advice in the moment. Sometimes it's years later someone acts on it. By then they think it's their own idea. BUT... do I trust today's crop of teachers to teach personal finance?
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𝙽 𝙸 𝙺 𝙱
𝙽 𝙸 𝙺 𝙱@nbougalis·
Glad that this is finally public! This is good news for the Algorand ecosystem.
Algorand Foundation@AlgoFoundation

Algorand protocol development and ecosystem growth are now under one roof. Algorand Foundation and Algorand Technologies ( @Algorand ) have come to a strategic agreement to unify ecosystem operations. This agreement creates a unified powerhouse for blockchain innovation here in the United States and positions Algorand as the chain that enables financial empowerment at scale.

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탐색

@creation247 @EdnStuff @MidnightNtwrk @realfi_co @eviszen @StaciW_DC @al_goanna @aemills3