Samir Selman

.@Twitter-Jack, @Square-Jack and Bitcoin-@jack

@RonDeSantis Yes!!!!

In 2019, local government property tax revenue throughout Florida was roughly $32 billion. If you adjusted that upward for population growth and inflation growth through 2026, the revenue would be approximately $44.6 billion. Actual projected property tax revenue across local governments in FL for 2026: $60 billion. Wouldn’t it be better to give a full homestead property tax exemption for our residents’ primary homes?

@xai @grok what’s xAI’s valuation after this round

@jack In this world how does Square compensate for the loss of revenue that was being collected through card payments?

our sellers can now receive btc to btc, btc to fiat, fiat to btc, or fiat to fiat.

@nachunja @owenbjennings is that true? You stopped yelling? 😂

$XYZ Internal company incentives are finally aligned. Before, Cash App lead and Square lead used to yell and fight for company resources and their own P&L. Now, Cash App's success helps Square success. Square's success helps Cash App's success.

Hey Kevin — small product request. When I highlight text in ChatGPT and hit Ask ChatGPT, it appends the new Q&A below the current answer. Would be awesome if there were an option (e.g. an icon) to open it in a new window with the same convo history, so I can dive deeper there and still return to where I left off in the original thread.

💥 So excited to welcome Ashley Alexander to OpenAI to lead product for Health. Millions of people come to ChatGPT every day asking about health—theirs, their children's, a spouse, a friend. Having free, 24/7 access to great medical advice is game-changing even for those of us lucky to have access to medical care—let alone for the billions around the world that don't.

Jack, I send money to my parents in Lebanon through stable coins. I only hold stable coins for 2 to 3 hours. I then go to a local shop (actually sells cell phone la and does remittance on the side). My parents go to the local store they trust and convert it to USD. I couldn’t care less if usdt gets seized by a government. It won’t happen in the 2 hour window. I care about the fee and speed only. Not a single store here uses btc for remittances given the volatility. Customers made it clear. On the other hand, I store btc as digital gold and that’s when I care about decentralization

@nachunja spot on, especially on stablecoins.

$XYZ – How Square Can 10x I have a few questions: Why is MS Office available in 190 countries, but Square only in 8? Both are just software, aren’t they? Why can a street vendor in Senegal watch YouTube on his phone, but can't use Square? Same phones, right? At my farmers market in Toronto, vendors were taking payments via the Square app—just their phone, no hardware. Why can’t a dairy vendor in Kyrgyzstan do the same with the same phone? Why can’t they? What if they could? ––––––––––––––––––––––––– The Simple Answer – MS Office & YouTube run on internet rails – global, permissionless. Square runs on money rails – local, permissioned. That difference is everything. ––––––––––––––––––––––––– In Plain English Local means: a) each country has its own currency b) its own rails that don’t connect with others c) every country is like an island, separated by oceans Permissioned means: a) Square must seek approval from governments, regulators, banks b) any of them can pull the plug, at any time ––––––––––––––––––––––––– The Cost of Expansion For every new country, Square must repeat an expensive, drawn-out process of seeking approval. It can’t “build once, scale everywhere.” It must rebuild—country by country, island by island. Slow. Costly. Risky. Meanwhile, YouTube and MS Office? • Anyone with a connection can use them. • No regulators. No licenses. No banks. • Build once, scale instantly. ––––––––––––––––––––––––– So—How Can Square Become Like YouTube? By building on the internet. But there’s one obstacle: money. ––––––––––––––––––––––––– The Money Problem Square’s core is moving money. But fiat is permissioned: • Governments decide who can operate • Visa & Mastercard decide who can process • Regulators oversee every transaction Every action is gated. Square must seek approval—every time, in every market. ––––––––––––––––––––––––– But What If Money Didn’t Require Permission? What if money worked like the internet? No licenses. No intermediaries. No gatekeepers. Accessible anywhere, to anyone—just like YouTube or Office. What if there was… internet money? ––––––––––––––––––––––––– There is. It's called Bitcoin. Bitcoin is: • Digital-native • Permissionless • Global Bitcoin is to money what the internet is to information. On Bitcoin rails, Square can build once and scale globally. Square becomes an internet product—like MS Office, like YouTube. ––––––––––––––––––––––––– But Why Not Stablecoins? Stablecoins solve half the problem: Global, yes. Permissionless, no. Issuers—and governments—can shut them down or seize them. The issue isn’t whether they will. It’s that they can. Square knows this well. Visa has every incentive to keep Square as a customer, but also the power to shut them off or restrict them. That threat alone forces Square to tread carefully. “Two-sides of the aisle” is a great opportunity but Square has to tip-toe around it because of the threat of Visa possibly disadvantaging them. Stablecoins are no different. Just a new form factor. ––––––––––––––––––––––––– The Business Model Doesn’t Change Square already makes money by: • Taking a cut of every transaction • Upselling software • Offering banking services All of that still works—just in bitcoin. No new hardware. Just a smartphone. Global distribution becomes instant and self-serve. From 8 countries to 160. TAM explodes. That’s how Square grows 10x. ––––––––––––––––––––––––– In Short Bitcoin turns Square into an internet company. One that can scale globally. It’s a moonshot. But once it succeeds, it will change the industry.

@dan_azzi @Beirutspring W nem 3laya 🤣

@Beirutspring What’s even funnier is that when an expat visits the country, he gets given investment advice by the same unemployed bum he’s supporting, e.g. “You should buy land immediately. It will double next year.” Or “put your money in banks and earn great interest.” etc.

🇱🇧 Thinking about May 7 is misleading. An armed attack on Beirut will not happen again. But there’s a lot of damage a “peaceful resistance” by Hezbollah supporters can inflict. They can block roads, swarm key Beirut junctions, perhaps build protest tent cities (remember those?)

#تجويع_السويداء #انقذوا_السويداء

BBC Confirms the massacre of #Druze doctors, nurses, and patients in the #Syria National Hospital of #Suwayda by government forces. Dr Wissam Massoud, a neurosurgeon at the hospital, told the BBC: "It was a massacre… The soldiers came here saying they wanted to bring peace, but they killed scores of patients, from the very young to the very old." Multiple testimonials By @jondonnisonbbc So many commentators insisted that this was fake news, when I originally posted. See comments below on original post. I took down my first post about this because so many comments insisted it was a massacre carried out by the Druze, that it was faked, etc. Then I redid it because it was so clearly carried out by gov troops. The commentator in the second video kept congratulating the soldiers for killing so many. youtu.be/nMFa1xLp_6Y?si…

@MiraMedusa @Osint613 @Terror_Alarm @EdyCohen Looks like AI?!!!

@phaedrael Thank you!!! ❤️❤️

@RonnyBruknapp @mwseibel We have multiple highly successful products. You can learn more about them on our site: promise-pay.com

@selman @mwseibel Improving government efficiency is such a worthy goal. What metrics are you using to measure success in this initiative?

Plotting how to make government work better for everyone — and we’ve got some amazing people helping us do it. Grateful to host @mwseibel at #Promise today. Big things ahead. PS: We’re hiring top talent. DM me if you want in.

@taylor_hibbs_ @mwseibel Our inspiration 🙏🏻

@selman @mwseibel Your government improvement mission sounds like planting seeds for a better tomorrow.

@ClassifiedCoach @mwseibel Responded here. Hope this helps

@selman @mwseibel Heads up it’s unclear how to find your company’s profile, website, or careers page based off this post and your profile. So that limits what “Top Talent” knows about what they’re applying for.

@ben_barnet @mwseibel Hey Ben, responded here:

@selman @mwseibel Hi Samir, what areas within Government are you focusing on.

We’re focused on making government more efficient and truly work for everyone — especially those who need it most. Check out our products for relief distribution, payment plans, and income verification. Other exciting stuff in the pipeline. Always looking for great builders and sellers to join us. promise-pay.com

NEWS: Elon Musk's company, Neuralink, aims to implant its new brain chip, Blindsight, into a human patient for the first time in late 2025. The device aims to restore sight to people who are completely blind. Elon: "it will be low resolution at first, but over time, the impact will enable vision that is like super human." via his Wisconsin speech tonight. Neuralink's Telepathy chip pictured below.

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