funderbrker

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funderbrker

funderbrker

@funderbrker

manifesting onchain credit markets for payments through @kaijufinance

your dms Katılım Ocak 2021
1.7K Takip Edilen288 Takipçiler
funderbrker
funderbrker@funderbrker·
@uncoolzero not many ppl know this, but uncoolzero is actually only seventeen and this is cope
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uncoolzero
uncoolzero@uncoolzero·
have you perhaps considered that ai arrived just in time to help the brainrotten gen alpha kids operate at the baseline level of skill of the pre-ai era?
uncoolzero tweet media
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funderbrker
funderbrker@funderbrker·
my monthly reminder that we need permissionless and scalable stables but have succumbed to a collective refusal to acknowledge the need
CyberSatoshi 𓆙@XBToshi

You don't own your stablecoins. Circle and Tether do. And they have a remote kill switch. Introducing ➡️ stables.rip I built a real-time tracker for every single blacklist event on Ethereum and TRON. The data is brutal: thousands of addresses frozen, billions of dollars locked. No trial. No appeals. No recourse. What’s under the hood: - Auto-syncs from Etherscan & TronGrid every 30 mins - Cumulative charts & monthly freeze breakdowns - Top censored wallets & a live address checker Built on the same .rip matrix architecture: open, zero tracking, no signup. If you hold $USDC or $USDT, you need to see this. Welcome to the transparent fiat prison. 🏴‍☠️

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funderbrker
funderbrker@funderbrker·
even better if there is no selectively applying the paywalls to detected authorized agent requests. the internet ux would be significantly improved if i have to pay $0.0001 for every page load but never have to do another captcha or create accounts on rarely-used sites. could be the point where we recapture the internet for humans first, instead of data protection as the top priority
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funderbrker
funderbrker@funderbrker·
@jonah_b i'd say 1=1 expectation is also why it fundamentally doesn't work to charge interest to users on card payments. when user repays for the spend, they are directly experiencing that difference in spent amount and received amount.
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funderbrker
funderbrker@funderbrker·
@elaifresh there are so many apps i’d be willing to pay to not have to use bc the ux is so bad. maybe not recursively though
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Elai
Elai@elaifresh·
Now That’s! What I Call Vibecoding
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funderbrker retweetledi
lcamtuf
lcamtuf@lcamtuf·
Moltbook debate in a nutshell
lcamtuf tweet media
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funderbrker
funderbrker@funderbrker·
language models replicate the language they are trained on. there is a recurring scifi theme that when ai advances to human equivalent there will be some collective debate on sentience and rights. but those authors wildly overestimated people’s discernment. people would believe a plant is sentient if you wired an llm up to it.
corsaren@corsaren

This is the top rated post rn on @moltbook (facebook but for molt/clawdbots), and it has 125 comments in a single day. Going through it now, will post the most interesting ones.

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Neesh 🥭
Neesh 🥭@Neesh774·
turn that "i told you so" into 20 bucks introducing Wager • prediction markets with your friends
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funderbrker
funderbrker@funderbrker·
@DeanEigenmann infinite credit. issuer can sell access at the underlying cost and immediately issue more credit, so cost of borrowing decreases proportional to the cost savings over tradfi issuance, but to compete for retail attention the onchain yield market needs to cool down permanently
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funderbrker
funderbrker@funderbrker·
@PendleIntern havent even read it yet and im giga bullish. the ve system was so painful, anything will be an improvement
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funderbrker
funderbrker@funderbrker·
interesting anecdote. working rn to bring the beloved card ux onchain with @kaijufinance
Anthony Yim@anthonyyim

Back when I was helping build @Venmo, we thought (naively), we can build an app & experience that that supplant cards 💳 We FAILED. Consumer simply loved the card form factor too much and the UX of a card is too card to beat. In the end, we launched Venmo Card. Today, we see crypto adopt the same arc. That's why we are proud to launch the MOST comprehensive crypto card report in the world--check it out!

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funderbrker
funderbrker@funderbrker·
@antonttc there are a couple on the market already, which is a nice for decentralized in theory, but in reality none of them can scale. any new collateralized decentralized stablecoin would have the same fundamental constraint. until scaleability is solved it is pointless to launch more.
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Anton Cheng
Anton Cheng@antonttc·
Kind of surprised no one has yet built a decentralized stablecoin using Euler’s infrastructure. You've got all the pieces needed, and you can make it blue-chip only like Liquity. Given how Sky is surrounded by drama and has so many governance issues, I really think we need a good alternative. Pros - Zero extra audit costs (millions of dollars worth of bounty already set up), one of the safest protocols now - Solid liquidation mechanism + access to Euler's liquidators - Can integrate with Eulerswap -> Uniswap v4 - Can launch it in a week. Cons - Less cool because you don't need to write your own smart contract code Link to code: github.com/euler-xyz/eule… Please invite me to be an advisor if you make this happen. Thank you!
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funderbrker
funderbrker@funderbrker·
@ahboyash “Most cards in the market currently offer similar core propositions, with limited differentiation beyond selected cardholder rewards such as cashback or points.” @kho852 just wrote about this exact issue. racing to the bottom of margins via rewards is the wrong game
KHo@kho852

Was inspired by @0xPrince to do more writing.

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funderbrker
funderbrker@funderbrker·
@kho852 excited to see how quickly this goes exponential once stables undercut fees and merchants have incentive to adopt
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funderbrker
funderbrker@funderbrker·
@_ndigo a nonce system could be used to reset all approvals and a per-signature revocation based on id (assuming user doesn't lose their own sig id), right? it seems that a system like this can already be built on general purpose chains as well using a more advanced permit2 approach. in fact, it could support arbitrarily complex spending restrictions in a generalized way through external function calls encoded into the parameters.
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Dogan
Dogan@doganeth_en·
@_ndigo This system should come with a revocation as well :)
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