Jacob ʃei

@tetsuotrees @YIMBYLAND fyi port of Houstons the largest US port by tonnage / 5th by teu’s.

@YIMBYLAND All for massive growth, here, but for true industrial might you need port access…

America’s Shenzhen will be built here.

@dwarkesh_sp @VitalikButerin Thats a sign you should start writing.

@VitalikButerin Not every topic I'm interested in has a textbook. In fact, very few do.

I find it frustrating that almost every nonfiction book is basically just a history lesson, even if it's nominally about some science/tech/policy topic. Nobody will just explain how something works. Books about the semiconductor industry will never actually explain the basic process flow inside a fab, but you can bet that there will be a minute-by-minute recounting of a dramatic 1980s Intel boardroom battle.

@binji_x @farcaster_xyz and some of the miniapps

gun to your head: you have to onboard one new person to crypto through an app and they have to become a weekly active user for at least 6 months. which app are you showing them and why?

@WakiyamaP yeah, its all onchain and permissionless. basescan.org/address/0x2072…

@JacobShiach Thank you! Please look into it! In the worst case scenario, can I execute the contract from etherscan?

@JacobShiach When will creditclub be available for redeeming?

Heres a little explainer vid for union (p2p credit) x.com/unionprotocol/… Creditclubs basically peer2pool creditclub.cc Wildcat is private credit markets, you can collateralize or undercollateralize them however you like. If you questions feel free to ask or dm. Also happy to vouch a few bucks if you want to try union. Just give me an ens.

the future of onchain credit will not be your tradfi creditscore brought onchain. it will be a market place of permissionlessly deployed credit funds underwriting whoever however they want

Long term capital games with friends creditclub.cc/blog/introduci…

@brian_armstrong usdc is already powering uncollateralized loans @unionprotocol

Credit markets are moving onchain We eventually want to power small business loans, home loans, car loans, uncollateralized loans, etc. Many people in the world don’t have access to credit. We can make it a more efficient (and global) market onchain.

@lessin fun fact, because of how rare currency was, Payment in Kind (PIK) was actually pretty common in colonial america.

Square limits employee petty-cash-crime by employees - and that means higher prices for everyone ... might not be good? when i was in high school i had a degenerate friend who worked at papa john's. He got paid nothing but, whenever he wanted a little extra cash, he would just take it out of the register / rob (in small amounts) his company... and that worked for him as overall comp package. the morality of this is obviously dubious ... but i do think that his easy access to steal small amounts of money was part of his "comp" / he did the job because it provided that access to stealing and pizza vs doing it for the minimum wage i am pretty sure that in historical small business world my sense is this petty-crime-as-comp used to be a broad part of the story / how people got paid (undocumented tips, take a few bucks from the register, etc) but things like stripe, square, and tap to pay obviously messes this all up - makes petty crime hard... first blush this sounds better for business owners (not getting constantly robbed...) but is it? without little bits of stealing they need to pay people more on the books / a lot more because people value being able to set their own comp -- and that means they need to pay more in taxes etc and their business looks worse overall vs better ... not sure it's worth the trade -

@ImperiumPaper @USTreasury @DefiLlama What about USDS 😂

Slides from @USTreasury report on stablecoins. Window into how Treasury views stables. 1) Entirety of consideration of DeFi stables in attached photo. Chuckle as you see fit according to your priors. 2) @DefiLlama cited by name four times. Treasury must have it bookmarked

@wijuwiju0x seems like it if this is how they expect it to work

@JacobShiach wait, scout is anyone able to launch a coin?

The concept behind Believe is simple: it's a verticalized (consumer polished vs grass roots) Clanker on top of Solana. Curious how this develops, but imho midterm can be a win for both builders and consumers. As you have 2 very competitive ecosystems (Base vs Solana) doing their best to help their builders win, give distribution, incubate, provide liquidity, time, skills and resources for their network participants to succeed. Builders will observe which ecosystem does this the best and choose accordingly. P.S. there is definitely room for a couple more networks to join the race.

Kinda want to organize a farcon for those in london, call it farther con

@owocki Distribution.

app layer builders: what kind of support do you need? funding? mentorship? domain expertise? something else?

One of the biggest missing pieces for onchain p2p credit has been access to a social graph.

Union x @farcaster_xyz = Decentralized Social Credit If you’re on farcaster, you can now more easily vouch for your social graph using the voucher miniapp.

@WakiyamaP Sorry bout that, Looks like either the repay modal or subgraph has a dust issue. Looking into it.

@JacobShiach Hi. I have a question. I just paid back the full $90 I borrowed from creditclub, am I still in debt?