Sabitlenmiş Tweet
Rob Hadick ＞|＜
3.3K posts
Rob Hadick ＞|＜
@HadickM
General Partner at @Dragonfly_xyz | Previously investing and advising at GoldenTree, @GoldmanSachs, and @PJTPartners
New York Katılım Temmuz 2021
2.1K Takip Edilen15.9K Takipçiler
Rob Hadick ＞|＜ retweetledi
1/
Introducing Upshift Clear, instant redemption infrastructure for tokenized RWAs.
Starting with @SuperstateInc's Crypto Carry Fund (USCC), with $250M+ AUM and soon to be managed by @Bitwise.
English
The gang talks about AI and Stablecoins from Tokyo
Empire 🟪@theempirepod
New weekly roundup out now! @JasonYanowitz @HadickM @santiagoroel We discuss: - The AI mania - Anthropic SPVs - Circle raises $222M - The Clarity Act & more! Timestamps: 05:44 AI Feels Like Crypto In 2017 27:12 Circle Raises $222M 46:15 The Clarity Act 59:03 Anthropic Cracks Down On SPV’s 01:10:30 Content of The Week
English
Permissionless settlement is not a real threat to global payments.
Market competition is great and reinventing the way current infrastructure works is awesome. That’s way I have been among the most active investors in that space.
This does not mean comparing Visa or Stripe to Base is anything but dumb.
English
This is correct and I think @HadickM dismissing Base as a settlement layer misses the point.
The open finance infra stack is superior to Visa. Not today but in what it enables down the line:
1. permissionless settlement
2. market competition among service providers using said settlement.
This presents an existential threat to Visa bc it enables cheaper and better service to eat market share.
deployer@0xDeployer
saw a guy glazing visa and stripe against base today on the timeline because base is just the "settlement rails". check this out though. hey @bankrbot make an x402 endpoint for my to sell my t-shirts. should have size (small, medium, large), color (white and black), and take shipping address. cost is $50. store a csv in my file system with the orders and ping me on telegram when i get a new order. just get it done, dont ask any questions.
English
@0xDeployer @bankrbot Guy who runs services business: “I can’t believe you correctly pushed back on comparing a blockchain to other services business”.
English
saw a guy glazing visa and stripe against base today on the timeline because base is just the "settlement rails".
check this out though. hey @bankrbot make an x402 endpoint for my to sell my t-shirts. should have size (small, medium, large), color (white and black), and take shipping address. cost is $50. store a csv in my file system with the orders and ping me on telegram when i get a new order. just get it done, dont ask any questions.
English
@HadickM @andersavail you want jesse to be serious??
English
Guys can we be serious and not post embarrassing stupid nonsense like this. It only hurts the business cause you’re actually pushing for.
English
@JohnLeFevre 0 drinks no bonding
3 drinks we've bonded
6 drinks they will never talk to me again
English
Skipping drinks with colleagues, friends, and women in your 20s & 30s to “protect your health” is quietly sabotaging your career, your social circle, and your dating life.
Learn to drink responsibly.
A few drinks build bonds that kale smoothies never will.
English
Couldn’t agree more. Cards and settlement are two of the biggest growth levers for stablecoins. Visa just added Base for stablecoin settlement, card acceptance has been critical for exchange on/off-ramps, and Coinbase already has multiple card programs in market. Too much energy is going toward displacing incumbent payment networks instead of leveraging them to scale stablecoin utility globally.
English
@HadickM @mathburn666 Comparing Visa to Stripe is not a sensible comparison by itself
English
A chain is just a settlement rail. Visa and Stripe are service providers. Visa can actually theoretically settle real time 24/7 with stablecoins on base (and already do settle outside banking hours using stables)! What they provide is not the same thing, you still have to have someone do many of those services whether you settle on chain or off chain. Things like AML and KYC checks, fraud scoring, dispute resolution, etc. Those do now and will continue to exist as requirements in payments. Stripe is even a worse comp because what they do is even broader than Visa at time of sale.
English
The question isn’t:
“Will stablecoins replace cards?”
They won’t.
Cards are great for acceptance.
Stablecoins are great for settlement.
The future is both. Integrated.
Better UX on top.
Better rails underneath.
English
@mathburn666 Comparing any chain to the services that Visa and Stripe offer is obviously incorrect to anyone who has spent 10 seconds thinking about payments infra.
English
Rob Hadick ＞|＜ retweetledi
Polymarket is breaking out across every major metric:
• Open interest hit a new ATH of $14.05B (+338.9% over the last 10 months)
• TVL is up +334.0% over the last 10 months
• Sports volume hit a new ATH of $4.29B
• Politics volume hit a new ATH of $2.61B
• Monthly fees hit a new ATH of $32.35M
Insights: artemis.ai/insights?asset…
English
@RhoRider Both sides (the banks and the industry) are completely on board with appropriate ethics clauses and have left it up to Congress to decide what’s best there.
English
At this point it’s undeniable that there is a good faith, pro consumer side and a bad faith, anti consumer side to this debate
Sander Lutz@sander_lutz
Banking policy leaders now signaling that if they lose on stablecoin yield at Thursday's Clarity markup, they will ramp up their fight for changes on the Senate floor. "Thursday is Thursday, and there are 24 members who will opine, and we still have 76 members left to go before this thing is finished," one banking leader told me today. Alsobrooks + Tillis seem poised to stay put with their new yield compromise, however, even though banks don't like it. After banking trades released proposed changes to the deal Friday, an Alsobrooks spox told me the senator stands by her + Tillis' earlier statement that they "respectfully agree to disagree" w/ banks on yield. "It can't be a compromise if both sides don't agree to it," a frustrated banking trade leader also told me today. The trade leader also threw some shade at crypto for how they've navigated the process. "We don't debate this on X," they said. "We're very professional. X is really not, you know, the proper place to negotiate this."
English
@HadickM A capitalist, free market faction and an anti-competition faction
English
Ok it pains me to say it but I’m one of these delta people
New York Magazine@NYMag
Americans tend to hate airlines. But Delta isn’t like most airlines. Through a combination of tech savvy, deft marketing, and opaque loyalty programs, a company that grew out of a Georgia crop-duster operation a century ago has made itself the most unlikely of things: a lifestyle brand. Its customers aren’t just loyal. They post their boarding passes as status symbols on TikTok. They collect Delta trading cards that can go for thousands of dollars on eBay. And they obsess in online forums over how to secure access to — then not get expelled from — its elite tiers. They also go to great lengths to avoid flying any other airline. Delta has the world’s most successful airline loyalty program, SkyMiles, with an estimated valuation of over $31 billion. Today it’s estimated that SkyMiles members have grown to over 120 million; the 360° program is estimated to have 5,000 members. SkyMiles members are so devoted they barely flinched when Delta did something two years ago other airlines had long wished to but couldn’t: It tweaked the formula of its loyalty program to reward travelers for how much they spent instead of how many miles they traveled. This was a significant pivot for the airline industry, but it worked. When consultant Peter Thorp got an email announcing an increase in the qualifications for his current status, he wrote a letter to Delta, saying, “‘Look, it’s your company, you get to do what you want. However, pardon my French, but don’t fucking tell me it’s a good idea to change it in a way that it’s going to be impossible for someone like me to continue at that level of status.’” Delta never responded. Still, Thorp sees himself continuing to fly Delta. Read Ben Ryder Howe’s report on how Delta Airlines is winning by catering to the elite: nymag.visitlink.me/oOYjpu
English
@HadickM Guilty as well. When @InfStones has a liquidity event, we will go private to a @OhioStateFB game.
English