Cryptosnax

88 posts

Cryptosnax

Cryptosnax

@CryptosnaxOG

Crypto for breakfast, lunch or dinner. Cryptosnax anytime. Happy to be alive and share this wonderful adventure of gratitude and love. Crypto & Real Estate guy.

Katılım Mart 2022
119 Takip Edilen217 Takipçiler
Etherealize
Etherealize@Etherealize_io·
Palmer Luckey on stablecoins: “All banks will be forced to adopt this to be competitive” “I had been looking at starting a bank for a while,” Anduril and Oculus co-founder Palmer Luckey says. “Primarily for my own personal user because there weren’t really banks out there that really understood my businesses and the things that I was doing. Silicon Valley Bank was doing a reasonable job but then they went out of business, took everyone’s money with them, and had to have the government bail everybody out. That was the thing that got me very serious about it.” The other factor for starting his new bank Erebor was what new technology would enable. Palmer explains: “Using US-dollar-backed cryptocurrencies to have 365/24/7 settlement of payments — which is something a lot of businesses need and very few get — [. . .] pretty quickly, everyone is going to realize that they need to support these things. Seeing this administration’s support for using specifically dollar-backed-stablecoins . . . I think probably most banks are going to get drug into this. The difference is that we’re trying to do it from the start . . . In the next few years, probably all banks are going to be forced to adopt this to be competitive.” $176 billion in stablecoins have been issued on Ethereum mainnet, roughly 56% of the global supply. If you exclude Tron, Ethereum’s dominance jumps to 77%. Ethereum is quietly becoming the world’s settlement layer. Source: @tbpn (Feb 2026)
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Cryptosnax
Cryptosnax@CryptosnaxOG·
@BitAngels This should be extremely interesting and @RampATM_MS is bringing onboarding to the ecosystem to the masses with the simplicity of a debit card.
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BitAngels
BitAngels@BitAngels·
There's talk of the first one person unicorn startup having already been started with the human included just to meet legal requirements? Is this real or an agent? How will it change the way you invest? What happens to the Bitcoin Supercycle? Plus, the best of recent @BitAngels pitch competitions. x.com/i/spaces/1nGeL…
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Cryptosnax
Cryptosnax@CryptosnaxOG·
@BitAngels What an amazing TechTuesday event in Dubai last night. Thank you for everyone who participated. If you are in Dubai on a Tuesday you must attend Dr Gordon Einstein is a great host bring the best of tech together.
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SOAR
SOAR@LaunchOnSoar·
The @SHIZA_AI team were the latest to launch on SOAR, allowing you to capture, utilize and monetize your human experience with Individual Learning Models that you own. Here's what you need to know about $AWF🧵 ↓
Syed Hussain@SerialTechX

1/11: We stealth launched $AWF on @LaunchOnSoar yesterday. No hype. No announcement. No "to the moon" bullshit. Just a fully doxxed team w/ real revenue, building real infrastructure for a post-agentic world. Here's why this is different from other crypto launches 🧵

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Barry Mezey Official
Barry Mezey Official@superagent001·
@zakfolkman hi Sheldon Weisfeld told me to reach out to you. I invented utilizing blockchain technology to help people with special needs to create jobs and affordable housing solutions. Currently im doing this and saving vulnerable mentally ill adults from the predator xxx industry.
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Cryptosnax
Cryptosnax@CryptosnaxOG·
@zakfolkman We have built the rails for on & off ramps at RampATM. Let’s connect!
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Zak Folkman
Zak Folkman@zakfolkman·
The Real Stablecoin Revolution Is in Payments Everyone knows stablecoins are being used for payments. That’s not news. What’s actually interesting is how fast the infrastructure is maturing and how many real-world problems are getting solved right now. Not “someday.” Today. And the legacy systems? They’re not built for the people who need it most. The Problem We’re Solving People in countries with unstable currencies need a safe place to store value. Their local banks are unreliable, inflation is destroying their purchasing power, and they have limited options. Freelancers need to get paid across borders without hemorrhaging money to fees. International wire transfers take 3-5 days and cost $30-50 in fees. For someone earning $500 on a project, that’s brutal. Remittances are the biggest opportunity. Someone working in the US sends money home to family in the Philippines, Nigeria, Latin America. Traditional services take 7-10% off the top. For billions of people, that’s money they can’t afford to lose. But it’s not just individuals. Manufacturers are paying suppliers in other countries with stablecoins, cutting out days of settlement time and banking fees. Shipping companies are paying port fees in stablecoin so they don’t have to sit in harbor for 3-5 days waiting for a wire to clear. Time is money, and traditional banking infrastructure costs both. What We’re Building at @worldlibertyfi This is why we built USD1. We’re creating stablecoin infrastructure that actually works for real people. Not just crypto traders. Not just institutions. Everyone. USD1 is designed to be stable, accessible, and built on rails that make sense. Low fees. Fast settlement. Cross-border by default. We’re building the payment infrastructure that should have existed from the start. USD1 transactions are free on @BNBCHAIN. Not “low cost.” Free. Because sending $20 shouldn’t cost anything in fees. The vision is simple: your USD1 should work as easily as cash, but better. Instant. Global. Accessible to anyone with a phone. Why This Actually Matters This isn’t about speculation or getting rich quick. It’s about fixing fundamental problems with how money moves around the world. International payments are broken. They’re slow, expensive, and exclude billions of people who don’t have access to traditional banking infrastructure. What we’re building is parallel financial infrastructure that doesn’t care about borders or banking hours or whether you have a credit score. It just works. The Reality Check Look, I’m not going to pretend everything is solved. Regulation is complex and varies wildly by jurisdiction. We’re working through that. On/off ramps between traditional finance and stablecoins still need work. We’re making it smoother, but there’s a long way to go. And yes, the broader crypto space has trust issues because of bad actors and scams. We’re building USD1 with transparency and compliance at the core specifically to address that. What People Miss Crypto was supposed to be about payments from the beginning. Bitcoin’s whitepaper literally calls it “peer-to-peer electronic cash.” The industry got distracted by trading and speculation. Which is fine - that created the infrastructure and capital we’re building on now. But the payment use case? The remittance rails? That’s what will actually bring stablecoins to hundreds of millions of people. Right now, millions of people already use stablecoins as their primary way to store and move money. Not because they’re crypto enthusiasts. Because it solves real problems better than their alternatives. At WLFI, we’re building to make that 10x better. More stable. More accessible. More integrated into how people already move money. That’s the opportunity. That’s what we’re building with USD1.
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Bitcoin Magazine
Bitcoin Magazine@BitcoinMagazine·
JUST IN: 🇺🇸 Texas becomes first state to purchase $10 million of BlackRock's spot #Bitcoin ETF, according to the Texas Blockchain Council.
Bitcoin Magazine tweet media
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Brandon
Brandon@brandonkumar·
1. You tap card at the merchant (Starbucks) 2. Merchant’s terminal sends the transaction to its acquirer (Stripe) 3. Acquirer passes the authorization request into the card network (Visa) 4. The card network routes the transaction to the issuing bank (Pathward) 5. The issuing bank via the issuer processor (Marqeta), checks credit line, fraud rules, card status, and approves/declines 6. After the transaction settles, the issuer processor (Marqeta) sends a transaction data feed to the crypto company (Coinbase) 7. The crypto company (Coinbase) calculates rewards and credits fractional crypto into your exchange account 8. Each month, the issuing bank (Pathward) generates a statement for the cardholder which they then pay (as with any other cc) The irony is incredible. There are 5 different companies involved in the transaction, but interchange only flows to the issuing bank, which then rev shares with the crypto company and the processor. The acquirer and network take separate fees, and together all of this totals ~2.5% paid by the merchant.
Omar@TheOneandOmsy

Nothing more ironic than crypto companies competing with each other on traditional payments rails

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Cryptosnax
Cryptosnax@CryptosnaxOG·
@mert_zf @brandonkumar Yes we have a well architected system coming soon! Which bank wants to be the leader? DM me.
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Mert
Mert@fluke_maa·
@brandonkumar Is there a way to remove this highly-intermediated process?
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Jurassic World
Jurassic World@JurassicWorld·
Jurassic World Rebirth has arrived in New York City 🗽 #30Rock
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