Daniel Ahmed

“Tell me, what is it you plan to do with your one wild and precious life?"

@signulll Not a lot that can be seen by us, who are privileged enough to have financial services freely available to us. However, there are hundreds of great companies building for those that don’t have the same access. Enabling payments, investments, savings etc for real utility

other than bitcoin, what positive societal impact did crypto have?

the average person now sees around 5,000 ads in a single day (online, irl) combined.

@thesubmitter_ Install @fasset and you can get into tokenized stocks, sukuk, commodities with local currency too :)

Something big just happened in fintech for Muslims in MENA/SEA. One of the first things a friend asked me for when I landed in Egypt was if he could buy Google stock using my brokerage account. Like many in the global south, millions of Muslims have been locked out of the best performing stock markets in the world because of silly regulations. And stocks are perhaps one of the simplest, high-performing halal investment. Not anymore - Kraken, ByBit, Robinhood & more just tokenized stocks. Anyone in the world can buy them via Jupiter. This could be one of the biggest wealth unlocks for the MENA/SEA. Slowly and then all at once.

So you’re telling me we got the rest of the world to do the lowest value, lowest profit margin, most capital intensive, and most cyclical parts of economic activity. And in exchange, they gave our companies the cheapest priced goods in the world to resell and thrive off of. Which then gave our companies the time to pursue the actual high value parts of economic activity (you know, like Silicon Valley, Wall Street, military R&D, etc). And all we had to do was give them IOU’s for an imaginary currency unit that we would only ever pay them back in worthless real terms in, if we ever repaid them at all. And… we were the ones that demanded this system come to an end?

“Why doesn’t that old, rich guy just retire already? He must not have a purpose in life outside of money!” Like a lot of people, I used to think that way. But it’s wrong. Fundamentally, there are two things humans do: We produce and we consume. That’s it. Most of us, throughout our lives, produce and consume roughly in parity with each other. We make money, and, over time—even if invest some of it and don’t spend it immediately after earning it—we expend it all. The work we do—the economic value we create—is offset by the house in which we live, the food we eat, the medical costs of keeping us alive, the vacations we take, and all the myriad other things we consume each day and over the course of the years. Some of us consume more than we produce. This requires some type of external subsidy, be it a trust fund, charitable support, or government benefits. A small number of us produce more than we consume. And an even smaller number produce vastly more than they could ever hope of consuming. These people have many different roles and titles. If you respect these people and appreciate their contributions to our society—which, by the way, I hope you do, because these are the people make it possible for you to eat food you didn’t have to grow yourself, live in a house you didn’t have to build yourself, and utilize countless technological innovations you didn’t have to invent yourself—you probably call them builders, creators, or inventors; founders, entrepreneurs, business leaders; titans of industry, pillars of community. If you don’t like them, you probably have other terms—plutocrats, bourgeoisie, kulaks, parasites, vultures, hoarders of wealth. Going back to the old, rich person at the start of this, that guy—whether you respect him or not—attained his position in society by virtue of having been a net producer. He’s produced more than he’s consumed; his outputs total more than the sum of his inputs. Put simply, he’s planted and harvested more than he’s eaten. People who produce like that over the course of their lives don’t do so because they want to one day start consuming more. Men and women who spend each day as a net producer don’t just switch it off one day to become a net consumer. Vacations, rounds of golf, restaurant outings, and movie showings simply aren’t satisfying to someone whose mind—not to mention whose heart, whose animating spirit—is wired for producing. It simply doesn’t work that way. You might not understand it; you might not understand these people. And that’s fine—for much of my life, I didn’t either. But don’t question what drives them just because it’s not what drives you. Because these are the men and women who built our society, explored new worlds, invented the wondrous technologies we use every day, and created the works of art and literature we get to enjoy. And they’re the ones who will keep building, keep creating, and keep making it possible for future generations to enjoy things even greater.

@pitdesi he has such good presence on this—like super natural.

Digital assets are a multifaceted asset with numerous use cases beyond speculation #CryptoForGood

@Rainmaker1973 Wishing and praying for the best for you 🙏🏽 You have some of the best posts on X!

I have to stop posting for some days. 1-2, maybe 3-4. My transplanted kidney is about to definitely fail. I hope to be back soon. It’s more about planning what I call ‘the final diagnostic’. Thanks for following and in case you want to support, consider subscribing. Thanks.

@singareddynm Dua literature

Dua Lipa unironically has one of the best culture and literature podcasts. She interviews indie writers to heavy-hitters, and more people should know about it

Honored to be on #Forbes30Under30! This award reflects the incredible work our team at Fasset is doing to make finance accessible to all. Huge thanks to my team, partners & our growing community. @Forbes_MENA_ @fasset #CryptoForGood forbesmiddleeast.com/lists/30-under…

@JiqbalPK Really important thread thank you for bringing to light @JiqbalPK

#EDUCATION #Pakistan's education system is in shambles! Officially our literacy rate is 62%. But as per our definition of literacy, it only means the ability to sign your name, or read a newspaper headline Let’s look at some metrics 🧵

I’m always in awe and admiration of the work that my wife puts in to level the playing field for Women in finance. Super proud of your achievement @uneesafinance 😄🚀

I’m gonna give 10 random people that repost this and follow me $25,000 for fun (the $250,000 my X video made) I’ll pick the winners in 72 hours

@sullydoesitall This is the ultimate use case for crypto - financial services for people where traditional financial services lack or are inaccessible

The only use case I see for crypto as of now: Hedging against inflation, especially in countries with hyperinflation and unstable governments Assuming that humans will innately never have perfect financial institutions, crypto will always come in handy here

2. User Experience Even if a use case was there, web3 UX sucked Setting up wallets, exchanging one crypto for another to use a different DAPP... chaotic mess If you built a DAPP on a chain that doesn't catch the wind (or happens to be a scam) you're fucked

Today is the first day of the rest of your life

@jspujji One of the best threads I’ve read in a long time! All pieces of advice I wish I had known earlier. Must read for all budding entrepreneurs out there

Being an entrepreneur for the first time is painful. You feel lost 98% of the time - the ups and downs are gut-wrenching. I wish I had a cheat sheet for when I started my first company. So I wrote one. In honor of 2023, here are the 23 Lessons I wish I knew sooner 👇🏽👇🏽👇🏽

It’s kind of weird that we were all at the Big Bang. Like the matter and energy in our bodies was all there. Then we floated in space, we were part of different stars, we exploded in supernovae, we came together as part of a planet, and at the moment, we’re a bunch of people.

@karpathy Life is but a dream

@fasc1nate Inception!

In your opinion, what movie is an absolute 100/100?