Shahar (🎓,🎹)

@NTmoney 👋

$36B+ of crypto VC was raised in 2022 3 years later sentiment is low Metals are outperforming coins, teams that raised hundreds of millions are giving up, DeFi and NFTs have underdelivered, nothing new has broken through to mainstream except Polymarket Can’t think of a better time to build and invest if you believe in something

@WarrenDavidson I agree with all of this except banning digital Id…. digital Id is necessary and is not antithetical to our values if implemented correctly

What's going on in crypto? Flat or declining markets. Definite vibe shift... A few thoughts. Markets have stalled, in my opinion, because the disintermediation use case has been effectively destroyed in America. An account-based industry offers no distinct advantage over the status quo. A toxic combination of regulatory and legal malfeasance combined with legislative inertia have caused capital flight and user avoidance - in America. In 2025 GENIUS Act became law, providing a federal framework for stablecoins. This is an account-based approach, favored by banks, that prevents non-banks from paying interest, fails to protect self-custody and by design enables a "wholesale CBDC". The wholesale part is cosmetic. On the back end all of the other characteristics of CBDC are being built while the massive deficits that undermine the value of the dollar continue unabated. Stablecoins offer the hope of more demand for US Treasuries, which may help lower rates and more broadly distribute the monetization of federal interest payments on our massive debt and deficits. Meanwhile, the broader digital asset market still awaits passage of the CLARITY Act by the Senate. Along with providing some overly cumbersome legal clarity for tokenized commodities, tokenized securities, and tokenized real world assets, CLARITY promises to fix some of the deficiencies in GENIUS by protecting self-custody and incorporating other House provisions. Ultimately, if the Senate even passes a bill, I expect any nod to individual freedom will be cosmetic and pose no meaningful change to the account-based regime. The future of money will determine the future. Without massive divine intervention, that future looks permissioned, surveilled, and debased. Remember, the promise of Bitcoin was not an illiquid inflating asset, but rather a permission-less, peer-to-peer payment system. With Bitcoin, no third party could condition your access to your money, and you could move it anywhere at the speed of light. Account-based HODL dominance has led to some useful innovations, but they are highly threatened as already noted, and punctuated by men in jail for writing software to protect self-custody and privacy. At some point, the industry and government will offer digital ID to grant permission to their permissioned network for money. Do not be deceived; this is a cosmetic illusion of freedom designed to enable more surveillance, coercion, and control. We need to reject this globalist surveillance state and return to first principles. No government grants you permission to transact, and no government should infringe this right without probable cause and due process. Returning to this condition requires either a wholesale rejection of the 3rd party doctrine or strong legal protections privacy and decentralized computing architectures (like Bitcoin or ZCash) that build trust in ways that limit surveillance and always protect permissionless self-custody. I've pushed for such a future since 2017, but most of the momentum looks like account-based dominance with some cosmetic nods to individual freedom. Digital ID and CBDC pose an existential threat to the future of freedom, and they have more momentum. It would be wise to make a plan to grow and preserve your net worth with that in mind. You can keep telling your Congress to FULLY ban Central Bank Digital Currency, ban Digital ID, protect self-custody, and guarantee that right to transact is once again un-infringed. It will take a miracle, but I believe miracles still happen. Happy New Year!

Waste, Fraud, and Abuse has always plagued Government services, I’ve seen it happen in a number of different ways. There is a better way. Build programs on top of rails that are transparent and accountable by design - well-crafted blockchain solutions that have the right safeguards and audit trail. And, it’s often possible to do it in ways that are non-invasive and actually revenue-positive for the state, like what we’re doing with Cario @USDigitalTitle

Permissioned assets running on blockchains are sheep in wolves’ clothing.

Might be getting here soon

Banks in the US are closed today. Crypto works for you every day.

@brian_armstrong Brian, how can we do this with vehicles - vehicle titles tokenized onchain?

Yes - exactly the type of use case we want to serve. And eventually mortgages with real estate tokenzied onchain, non-collateralized loans, all types.

@Douglas_Horn @ayetunetwork @EASEprotocol Super exciting!

I've shared this video with a number of African business and government leaders lately. The almost universal response is, "We want this for our people." Awesome! That's why we're building it. (The next thing I hear is, "Can you send this to me?") @ayetunetwork @EASEprotocol

Let’s go!

@twobitidiot Why would you make it about race…?

Career advice that nobody gives: be extremely reliable. I’m not a touchy-feely person. I’m not great at making friends. But people like working with me because I do what I say, when I say. I’m responsive. I follow through. I don't wait around for someone else to step up. If I can't deliver something on time, I flag it early so others can plan around me. That alone is rare. @sama once said the most successful founders at YC all had one thing in common: they replied to messages immediately. It's weird—you would think the most successful founders were the busiest. And they are. But they are also always on top of of their shit. Be that person. People will love working with you, and your reputation for reliability will compound over your career.

A government-backed RWA of 93% of Americans 2nd most valuable asset will be a game-changer for our industry Help us make it a reality! 🚗💨

If joining an early stage startup, evaluate team, product, equity, salary, in that order. If investing in an early stage startup, evaluate team, product, terms, revenues in that order.

My full talk from ETH Denver on bringing blockchain vehicle titling to the US Gov. Enjoy! x.com/EthereumDenver…

My #ETHDenver2025 takeaway: Rumors of Ethereum's demise are greatly overstated Yes, the conference was smaller this year But many of the side events were 🔥 As cofounder of a startup building a real use case - I had a great conference. Lots of excellent meetings with other founders + investors. The main refrain for this year I kept hearing from this group boils down to three words: Quality over quantity.

Very much looking forward to this! 11am this Saturday 🗓️

@GenomesDAO Would love to meet up with you guys at ETH Denver

No stopping us in 2025! 🧬 A big thanks to the thousands of people who joined us, running their Reports to gain valuable insights into their Health! We won’t let you down. 💪 A $GENOME future is now. Join us! 🚀

Learn about the history of digital titling in the US, and what we at Cario are doing to bring web3 and RWAs to its next chapter

2025 I'm getting more and more excited about RWA and DePIN progress