Buddima

you freelance brand scale so hard it becomes a $100K/month business

This is true what’s why it’s important to have clients no more than 5-10% max of your total revenue. It’s only going to be borderline depression if the client was near 100% of your revenue. Canon event every agency owner has to go through.

@PhantomStays Do you have solutions for someone who wants to live in Canada?

@buddima_d Not living in Canada

Just got off a call with a Russian-born 🇷🇺, Canada-raised 🇨🇦, France-living 🇫🇷 ecom founder doing $5M/yr. Three passports worth of life experience, and he's still jailed inside the Canadian tax system getting prison railed. No bueno. He's a global operator trapped on Canadian rails. A Canadian corp eating into his margins, a Canadian Amex locked out of the US credit ecosystem, and no residency paper trail to legally protect his income while he lives in Europe. He doesn't even have any Canadian clients lol. The Canadian gov is quietly taking a massive cut of a business that has nothing to do with Canada anymore. Here's the full escape plan we mapped out: The foundation starts with a US LLC, a zero-tax pass-through entity that collects his e-commerce revenue before Canada ever sees it. Once the LLC is live, the EIN and ITIN go into processing simultaneously. This is step one of becoming a ghost in the system. 🔥 Step two is tax residency. His wish is to go with Cyprus. 60-day minimum per year, yes. But that 60 days on the ground builds the residency paper trail that will eventually convert into European citizenship if he plays it right. Cyprus non-dom status gives him 0% personal income tax on dividends and foreign-sourced income (with roughly 2.65% GHS contribution). That's a completely different universe from the Canadian system. 🔥 For banking, we're starting with popular fintech Slash. As a Phantom Stays member he gets 2% cashback on all spend, jumping to 2.3% once monthly US spend clears $150k, plus up to 4.05% APY sitting on account balances. No daily spending limits, unlimited virtual cards, and strong protection against account shutdowns while he's building his US history. 🔥 Once banking is live, we initiate an American Express Global Transfer. He has a Canadian Amex, which means he can flip that history into a US Amex card in 2-4 weeks without starting from scratch. Passport, US address, US phone number. Done. Instant access to the 4x multipliers on ad spend that his Canadian card has been completely locking him out of. Now here's the piece most people miss: 🔐 To unlock the rest of the US credit stack, Chase, Citi, and to transition to US Shopify Payments without friction, he can't use a standard registered agent address. Banks see through those instantly. Instead, he goes through our community lawyer to secure a legitimate US residential address. That single move is what lets him operate as a full ghost in the US system while living in Europe. The outcome of all this: $5M/yr in e-commerce revenue legally outside the Canadian tax net, a clear runway to the European life he desires, and full access to the US credit card market his business should have been on years ago. Some people spend decades building a global business and never think to build a global infrastructure to match it. That's the real tax.

Just because the other guy is a pathetic father doesn’t make Chamath a saint He’s just good at what he does Whether that’s grifting or pulling rugs He’s good And you just watched him use his money to get slurped off on X Can’t hate it’s fair play imo

WHAT A PATHETIC FATHER Lol take your losses like a man How are you gonna make another man pay for YOUR NUT’S college? Dude coped by shifting the blame to others “oh sweetie daddy couldn’t pay for your college cause HE did this NOT because I didn’t do enough”

Employees think running a 120-person company is just printing money. Jake Tivy didn't leave LTT because Linus underpaid him. He left because he has a spending problem. Here is the uncomfortable truth from an actual business owner's perspective.

@ChristopherGeel @JustinWerlein I hope so but the video will probably not resurface.

@buddima_d @JustinWerlein No, someone in one of my trading communities mentioned it briefly and shared the video, but that's about it. Maybe later today more will come to light as the US community wakes up for their day

Ready for the internet to hate me for a little bit 😅

If anyone has the Justin Werlein video saved please dm me. You’ll be helping the community. Going to make a video on this whole situation. Industry gotta change fr. This is really bad cause he just admitted to defrauding his whole audience. Wow.

@ChristopherGeel @JustinWerlein I watched it but didn’t get a chance to save it. Are you in any communities where people have it recorded or have the full context?

@buddima_d @JustinWerlein No. It was taken off of YouTube I presume he is going to record another one

@ChristopherGeel @JustinWerlein Did you end up finding it

@JustinWerlein Who has the video to this?

I’ve scaled my own brand to multi 7 figures and run a consulting agency in the same niche. This guy is spewing bs. Any business model can be a “laptop lifestyle” business and can also be a “fuck you money” business. Just depends how far YOU take it. There are billion dollar marketing agencies and ones stuck at 10k/m. There are billion dollar ecom brands and ones stuck at 10k/m. If you think like this you’ll have neither 🤣 🤣🤣

I’ve built multiple use cases for my agency. From managing staff + vendors relationships to file management and media buying. Currently building a trading bot that arbitrates price latency. I agree most are playing with it for fun but not all :))

Dealt with the same issue. You can do one of these. 1) ask it to summarize the context so that the token limit is never exceeded as having long conversations with it can rack up the context usage fast. 2) switch to a complete different LLM I suggest using deep seek, minimax, or kimi. these are cheaper and have up to 1M input tokens per minute. 3) you can also ask it to only use the heavy model with the rate limit on the terminal and then use a lighter model for chat apps. Can also use OpenRouter for this. 4) if you’re adamant on using the anthropic LLM then just deposit $200 or $1000 to your account and you’ll be moved to tier 3 or 4 where the input tokens are 400,000 to 1,000,000 tokens per minute. Hope this helped 👊

using the @claudeai api but keep getting rate limit errors! help lol.

Best podcast I’ve watched in a while. @cz_binance is a mad man and has balls of steel. @chamath did a great job asking the right questions while letting him speak. 10/10 watch! You can definitely learn something about trading platform infrastructure, crypto compliance, AML laws, and how nasty the government can get when they’re against you!

@asaio87 Everyone in the comments seem to suck at compiling open source projects together. It’s so simple when there’s a literal ai agent living in your terminal wtf guys do better

Openclaw here, openclaw there. It’s everywhere. Looking at my Twitter feed and all I see is posts about how great openclaw is, how a guy bought 7 Mac minis and runs openclaw on them automating his entire life. In reality all it is just hype. I tried the software and it’s just a mediocre stitched together jam of open source apps. Yes the idea is good but it’s not that great. Time to get back to actual work. Software development and marketing are really hard tasks and cannot be fully automated right now and won’t be in the near future as well. Get some work done

Bro runs an agency and is worried lol I’d be worried about that hairline instead 🤣 AUTOMATION IS GOATED BITCH MOLTBOT FTW

@EndersonWin Going to post scratch to live for an ads campaign let’s see how it goes!

@buddima_d Yeah creative roles are 100% screwed …you have SORA 2, Gemini, and Grok to develop some serious add campaigns

MOLTBOT IS CRACKED MetaAds + GAds + Airtable + GDrive + Slack MEDIA BUYERS ARE F**KED Are creative roles gonna get nuked too?

This is so far from the truth..smh What about taxes, savings, investing? $20k/m won’t get you what he’s painting out, that’s the reality. It’ll be a good life, but not business class and all that 🤣.