Backfire Capital 🛡

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Backfire Capital 🛡

Backfire Capital 🛡

@BackfireCapital

The Backfire Effect is claimed to be that when, in the face of contradictory evidence, established beliefs do not change but actually get stronger

Katılım Haziran 2021
1.1K Takip Edilen307 Takipçiler
Backfire Capital 🛡
Backfire Capital 🛡@BackfireCapital·
@JSeyff @notjuve They should subsidize the annual fee to increase ridership and the cost per min. Then everyone wins. No overall fare caps or bikes will never be returned
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James Seyffart
James Seyffart@JSeyff·
@notjuve the bikes and docks cost money to obtain and maintain… and who the hell cares. If it’s too expensive they will lose out on buyers/users and be forced to adjust. Thats how markets work. Obviously the prices aren’t too high because thousands of people use them every day
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Gwart
Gwart@GwartyGwart·
Please Dario can I get a whitelist spot for Mythos I’ve been active in the Discord for 6 months do not betray your COMMUNITY we will not forgive we will not forget 😡😡😡
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Backfire Capital 🛡
Backfire Capital 🛡@BackfireCapital·
@CoinbaseDuck Good point. Have that one but want to compare. No way to know since robinhood waitlist is indefinite.
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CBduck
CBduck@CoinbaseDuck·
Welcome to Coinbase One card? Better card, better design, you get to stack sats at low price.
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Backfire Capital 🛡@BackfireCapital

@RobinhoodApp I’ve been on the gold waitlist for 2+ years. Now you are announcing new card. How do I get off and just get the gold??

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Backfire Capital 🛡
Backfire Capital 🛡@BackfireCapital·
@RobinhoodApp I’ve been on the gold waitlist for 2+ years. Now you are announcing new card. How do I get off and just get the gold??
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Quinn Oswin
Quinn Oswin@QuinnOswin·
It's so fucking funny that Trump cut his political teeth by accusing Obama of being a muslim socialist who was born in africa, but the second he met and *actual* muslim socialist who was born in africa he fell head over heels in love
Chris Sommerfeldt@C_Sommerfeldt

Mamdani brought along the fake Daily News front page as a gift for Trump to cajole him into providing funding for a long-stalled plan to build 12,000 apartments on top of Sunnyside Yards, per City Hall & sources. More on Mamdani's latest meet with Trump: politico.com/news/2026/02/2…

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Brian Armstrong
Brian Armstrong@brian_armstrong·
Market structure is making great progress, and I believe we're going to reach a win-win-win outcome. A win for the crypto industry. A win for the banks. And, most importantly, a win for the American consumer.
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Omid Malekan
Omid Malekan@malekanoms·
I want to give a shoutout to @brian_armstrong and the rest of the Coinbase team for taking a principled stance on the stablecoin yield issue, however contentious it has become. I know it's easy to dismiss it as their self-interest, but this argument is overrated. Stablecoins will be so competitive that eventually nobody will make money from the yield, one way or another. One could even argue that Clarity would significantly boost Coinbase's other revenue-generating products, and those have better moats. The yield issue is personal for those of us who came to crypto for the right reasons. Not for any financial reason—I myself have no direct dog in this fight—but out of principle. A yield-bearing digital dollar that is issued by an unlevered institution, and can be used by anyone anywhere without permission, to make 24/7 payments, on a platform where it can be atomically swapped for any other asset, this is one of the greatest monetary products ever invented. It gives ordinary people the kind of access and income that Wall Street never has, and importantly, never will. It also allows the kind of financial innovation that TradFi gave up on a long time ago: useful, creative, disruptive. The big banks trying to kill this type of progress via legislation is wrong. What other industry tries to outlaw competition and lobbies for rules that make their customers worse off? Particularly after the endless bailouts it has collected from those same customers? But for them to do this via lies and misinformation, often emanating from their highest executives, that's just shameful. It offends the little boy inside me who was taught a long time ago to always tell the truth, even if it costs me something. I won't rehash every debate here, but let it be said once and for all that banks are not vital for most credit creation in America. That there has never been a credible academic argument that allowing competition for deposits would materially hurt lending. That cheap deposits enable bank profits, not cheap credit. That it is the big banks who are likely to destroy community banking thanks to their aggressive expansion plans (and TBTF Status), not stablecoins. That it is just as likely that yield-bearing stablecoins decrease the cost of credit across the US economy as it is they increase it. The only thing we know for sure is such a product would increase income for savers. That barring yield on domestic stablecoins will just mean our tax dollars flow to foreign holders who don't have such restrictions. Foreigners shouldn't have access to better dollars than we do. I understand the argument that drawing a line on this issue could prove costly for the industry, particularly if the political winds shift. I also understand the importance of compromise. But there are some battles where you just have to draw a line, because the tactics used by the opposition reveal a lack of integrity. If Wall Street succeeds in hampering stablecoin adoption it will go after permissionless networks and DeFi next. Kudos to Coinbase for fighting the good fight. Disclosure: I have no financial ownership or relationship with Coinbase whatsoever, except being their customer. I think their fees are way too high and their products are often crappy. They should spend more resources on protecting customers from scams.
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Jesse Walden
Jesse Walden@jessewldn·
Tip of the spear: The anticipated SEC token safe harbor (for non-security tokens) will formalize cash-flowing DeFi tokens as an asset class, making them institutionally investable. At the same time, traditional assets are moving onchain, in part, thanks to forthcoming rule making on security tokens. $UNI is the first crypto asset Blackrock has bought directly for its balance sheet. Many will follow.
Hayden Adams 🦄@haydenzadams

Huge day for DeFi BlackRock is the largest asset manager in the world ($14T aum) and BUIDL is their first tokenized fund This collab uses Uniswap’s market structure to power onchain trading for BUIDL investors, settled on Ethereum Big step towards ~all value trading onchain

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Ishmael Asad
Ishmael Asad@AsadIshmael·
1) Crypto Wrapped 2025: 10 Incredible Crypto Charts If you look beyond the prices (it’s hard, I know) you’ll see there’s a ton of major developments happening across crypto right now. Traction mounting, new doors opening, and users staying. Let’s take a look 🧵
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Tjark 🌊🏆
Tjark 🌊🏆@tjaaark·
Petition for the @ethereumfndn to deposit into @pooltogether_ this is very overdue
Tjark 🌊🏆@tjaaark

@ethereumfndn Deposit some ETH into @PoolTogether_ prize savings. Prizes could be used to fund ecosystem events / hackathons. Alternatively, deploy it as "sponsorship" (not eligible to win) so users on Ethereum get outsized prizes while the foundation can reuse the ETH whenever it's needed.

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Rainbow
Rainbow@rainbowdotme·
✨ Introducing AppIconMarketCap ✨ A website dedicated to Rainbow’s collection of rare NFT app icons. Rainbow’s Collectible App Icons have a combined market cap of over $1,000,000+ which means they are the most valuable app icons in the known universe 💎🌈 Collect them all and complete the set!
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CBduck
CBduck@CoinbaseDuck·
Nope, I didn’t cancel my $ETH buy order on @coinbase
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PoolTogether
PoolTogether@PoolTogether_·
🏆‼️🏆‼️🏆‼️ Someone just won 16.29 ETH on PoolTogether! The user had only $6k deposited and won the grand prize of $40k. 🤯
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Seth Dillon
Seth Dillon@SethDillon·
Seth Dillon tweet media
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Preston
Preston@metapreston·
I want a finance app with three numbers: - what I spent today - what I spent this week - what I spent this month
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Ritchie Torres
Ritchie Torres@RitchieTorres·
The system is broken. The government is too inefficient and ineffective to meet the challenges of the 21st century. But the answer is not DOGE. It is ABUNDANCE.
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