Wojtek Zajac

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Wojtek Zajac

Wojtek Zajac

@wojtek

Tweets mostly about: DeFi, UX, privacy, web security, LLMs. Ex @eulerfinance

Nomadic 🛫 Katılım Ocak 2007
848 Takip Edilen1.4K Takipçiler
Wojtek Zajac
Wojtek Zajac@wojtek·
This is why, after years of traveling, Thailand is my favorite place now
Anatoly Karlin 🧲💯@akarlin

I have been in Bangkok for a week now. Doing touristy things aren't a priority, because I plan to be here and in SEA broadly for a long haul. I am mostly focused on just observing and vibing with the place, so here are my impressions so far. * Thailand, and SEA broadly, likely have the best price to quality ratio on the planet. This is the primary reason why I decided to relocate here. In Bangkok, you have a relatively clean, well-functioning, and low crime megapolis with near Third World prices for rent and food. - Street food - healthy, delicious, and optionally spicy - costs nothing by developed world standards. That chicken and rice dish with broth on the side in the photo below? $1.85 (60 baht). A dozen prawn shumai for like 100 baht. Three small satay skewers for $1 (30 baht). - The 7-11s stock those Japanese crustless egg sandwiches for $0.75 or 27 baht (I like them a lot, bread crusts are a federal psyop). Incidentally, these 7-11s are everywhere, they are like the Zabkas in Poland, there's apparently more of them in Thailand than anywhere else outside Japan. Cappuccinos can range from $1 to $3.5. The cheapest (drinkable) cappuccino I know of in SF is at the Capital One cafe for $2.87 and that's if you have their card. Singha 0.5l beer can is $1.7 (55 baht) and they have some nice local IPAs which are only modestly more expensive. - Obviously, there are more upscale places. Sit down indoor restaurants are pricier. Still, I had a blue crab curry for 620 baht at a relatively upscale restaurant. - Not that I care about this, I am mostly just interested in the food itself. But the quality of service at restaurants is way above anything you see in the US and Europe. (The US itself having plummeted to European levels over the past decade). At least for foreigners life is frictionless, much lower risk of career ending cortisol spikes. - Very nice Airbnb condos in serviced highrises with rooftop pool and gym for $1200/month. (I understand these can go as low as $800/month if on a yearly lease... I will look more into this in a few months). I can live in comfort here for prices I was paying for rooms in crowded group houses (in between occasionally bumming around offices) in SF. - You can get a 5 star hotel room for as low as $120-150/day. (This is budget inn tier in the US). - Cuisines. The cheapest food is (obviously) Thai, Chinese, and (surprisingly?) Japanese, if we're talking of street food and basic holes in the wall. Indian food is (surprisingly?) quite a lot more expensive. I guess it never really caught on with the locals so it caters to Indian expats and tourists. Thanks to the expat population, European staples are very easily available, if modestly more expensive than the local cuisines. This changes when some cuisine pretty much exclusively caters to expats (e.g. Mexican), as well as steakhouses. These are one of the rare categories that are more expensive than in the US. * You get a two months visa on arrival, which can be extended to three months. However, the real draw is the DTV (Destination Thailand Visa), which gives you pseudo-residency rights for 5 years, the only requirement being to cross the border once every 6 months. To qualify, you need to maintain $15,000+ in your checking or savings account for >3 months, as well as to satisfy one of the following conditions: (a) Be a freelancer or content creator with a portfolio that you can present as proof; (b) Have a remote job; (c) Learning or promoting Thai culture, such as attending Muay Thai or Thai language classes. This seems relatively easy for anyone in the First World with some minimal degree of agency to satisfy, and the DTV strikes me as OP relative to other such nomad visas such as the ones in Portugal and Mexico. Standard practice is to go to Vietnam and apply for the DTV from there, and that's what I intend to do in a couple months' time. * There is a large Chinese minority, about 10% of the population. The Thai Chinese, unlike Malaysian Chinese, are integrated into Thai society, and as in the rest of SEA, own some ridiculous proportion of the economy. Unsurprisingly they seem to be overrepresented in central Bangkok. * Bangkok is a massive expat hub. There are plenty of Americans and Russians (I heard close to 100k), many Europeans, large numbers of recently arrived Indians (goes to show that this Indian wave is truly global), and a lot of mainland Chinese and Japanese (who are less visually noticeable for obvious reasons but are similar to Russians, Americans, and Indians numbers wise). I would estimate 5% of the population are expats in the central areas, and I assume similar percentages in the resort cities. While many of these expats are probably not exactly "Elite Human Capital" types (basically various kinds of "content creators" and people who claim they are "building" things on their Macs and are "into crypto" which tbf describes myself to a good degree as well) I do think they're a notch or three above the Dubai set. * Unsurprisingly, crime appears to be very low. Funnily enough, a young Arab man pretending to be from Dubai did try to scam me by requesting to take a look at my Thai banknotes (this is the so-called "Dubai family" scam where they discretely pocket some of those notes if you're foolish enough to give it to them). I am quite skeptical by nature and very alert to scams so it was never likely to work on me, but I suppose they must catch some fish from time to time if there are actual immigrant gangs who specialize in this in Bangkok. The other slightly unpleasant experience was with a boorish and I suspect mentally ill Russian man who loudly pestered me and other randoms with strange conversational approaches. So 2 negative encounters, both with foreigners, but nonetheless a refreshing change from America's street-shitting hobos and problematic groups that are impolitic to mention. * Nobody is going to write home about the architecture. Bangkok is not a beautiful city. There's only one and a half proper parks in the center. But on the plus side, housing policy is full YIMBY and rent is extremely cheap. You can get a cheap studio in the suburbs for less than a trailer park spot in the US. Public transport infrastructure is good, though it is way too car centric and hot/humid to be comfortably walkable. I can easily do 25,000+ steps a day in SF or other temperate cities, but here I am knackered after 10,000. Perhaps that will change as I get acclimatized to the tropical hothouse, but nonetheless, so far as I personally am concerned, the climate is the single biggest negative. I am not a fan of the tropics. YMMV. * Surprisingly few Thais speak English (big contrast from Morocco, a curious nation of polyglots). Younger people, and employees at more exclusive restaurants and hotels, do speak English, but real fluency is otherwise quite rare. (I can only imagine what it is like in the small towns and rural areas outside Bangkok, Chiang Mai, and the coastal resorts). If I end up staying here, I will probably have to brute force learn some basic Thai, if only to make everyday interactions less awkward. Most Thai Chinese do not know Chinese (unlike Malaysian Chinese). This is probably good for Thailand, as its society is not ethnically fissured like Malaysia's as a result, but it is less convenient for me personally as I know some basic Chinese. * Another unsurprising observation, Thais are placid and quite orderly. They understand queueing. Polite (they call their country the "land of smiles"). Very clean relative to its GDP per capita - more so than the Balkans or Turkey; way more so than Morocco. (I hear they differ a lot from Vietnamese). The streets are often gridlocked, but drivers are not aggressive. Crossing the street is reasonably safe and stop signs and lights are respected. Very different from Arab countries where they are a suggestion at best (I lived some time in Casablanca). * Many establishments advertise themselves as LGBT friendly. (Thailand was the 3rd country in Asia after Taiwan and Nepal to legalize gay marriage). I saw color coded recycling bins for different kinds of rubbish. Quite curious and endearing to see an $8000 GDPpc country aspire to $40,000+ GDPpc cultural practices. Overall, a very curious mix of First World (boutique establishments; SAPL/SWPL culture; the gay stuff), Second World (solid infrastructure; nationalism and lese-majeste laws; 0.8 children per woman TFR), and Third World (ubiquitous street food; cash heavy economy) attributes "with Asian characteristics" (malls as centers of community life; love of cold sugary drinks; animal cafes). * Thailand vs. Vietnam? So far as I'm concerned these are your core two options in SEA. Cambodia is too poor and outright Third World. Laos and Myanmar? LOL, gl. Malaysia perhaps okay for conservative family types, excellent infrastructure, KL is even marginally cheaper than Bangkok despite Malaysia being quite a lot richer ($14k GDPpc), but ultimately, it's a pretty rigid Muslim society that most Westerners will have trouble adapting to. It's more conservative than Turkey, and I suspect even Morocco. I am mostly only interested in visiting it to see Balaji's Network School. (Why is Thailand poorer than Malaysia? I have some extensive thoughts on this, but this post is too long already. May revisit at the blog.). So returning to Thailand vs. Vietnam. Thailand is richer ($8k vs. $5k GDPpc); infrastructure is more developed - Bangkok has an extensive light rail system, while Saigon is just beginning to construct its equivalent; digital nomad infrastructure is way more developed; Thais are reputed to be more orderly, quieter, and cleanlier. Vietnam is considerably cheaper - I suspect it's the cheapest country anywhere that is not blatantly "Third World"-coded - and Da Nang in particular appears to be what Bali was 15 years ago (though it has been "discovered" by influencers in the past 2 years). Worse, in Vietnam, you are still dependent on the vagaries of immigration control tolerating your visa runs, whereas the Thai DTV has made digital nomadism safe and predictable. Personally, I don't think the cost savings in Vietnam relative to Thailand (Thailand being very cheap anyway relative to Western baselines) are worth the extra hassle of Vietnam's more visible "Third Worldish" vibes, undefined legal regime for digital nomads, and lesser political freedoms (it being an actual Communist state). Nonetheless, I will likely be in Vietnam this May, which will give me an opportunity to refine these thoughts. * Obviously, there is no comparison between Bangkok and SF, or other major world cities like NYC, London, even Berlin, for "Elite Human Capital" concentrations. Tokyo overshadows it in East Asia. OTOH, a question that some may consider asking themselves - how often and frequently do you NEED to commune with EHC? We live in an age of extremely cheap, almost free, air travel. US - SEA return flights can be found for as little as $700 (and potentially much lower if you invest some time into researching how to stack credit card benefits). But even $700 is the monthly rent differential between a very nice high-rise condo in Bangkok and a cramped group house in SF! Obviously, this doesn't apply to startup founders and the like who actually have to constantly network with VCs and researchers and lawyers and so forth (or very wealthy people, or people whose jobs require physical presence). However, if you're at the level of personal wealth where staying in group houses is advisable in SF, but would likewise having appreciate having your own apartment and time-saving amenities in order to be more productive - again, cooked food, cleaning, taxis, transport, clubbing, weekend getaways to other cheap SEA and East Asian destinations - are all massively cheaper than where you live, then SEA is wildly competitive. This is ultimately the main reason why I moved here, even though I expect to fly back to SF 1-2x a year since I am still involved with various events and organizations there. Only time will tell whether this will be sustainable, or a failed experiment.

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Dominik Sobe ツ
Dominik Sobe ツ@sobedominik·
Left Da Nang and will probably not come back. Spent a total of 5 weeks here. I went to bed slightly angry almost every night because of bad service/hospitality, noise, dangerous driving or a mix of those. It affected my gf even more so we decided to not stay longer than 1 month. I think that’s a good proxy for liking a place. Our nervous system just never really felt at ease. In terms of Vietnam in general, I feel like I had a much better time in HCMC when I stayed there for two weeks a few years ago. Everything seemed to be more efficient there and people were much friendlier. All my Vietnamese friends are super cool, funny and really friendly. So I was quite disappointed when I noticed most locals in Da Nang being so cold and borderline unfriendly. This is the first city in South East Asia this happened to me and if anyone knows why I’d love to learn more about it. Maybe it was just us? Maybe locals just don’t like tourists/foreigners? No idea but it felt “off”. Almost not welcomed. The Indiehacker community is really cool and friendly though. Some cafes are definitely nice to work from Da Nang and the actual coffee is great. Just strong… very strong hehe The thing with those coffee shops is just that I’m slowly approaching 30 and can’t sit on ultra uncomfortable chairs for an entire day anymore (👴) When I first arrived I was super stoked because there are not a lot of nomad spots with breezy sunny weather in Jan/Feb and Da Nang definitely has that. The cons unfortunately outweigh the pros so I’ll likely not come back for the foreseeable future. All that being said, if you have a short runway and want to save money it might still be one of the better places to go so I’d say it’s worth giving it a try!
Dominik Sobe ツ@sobedominik

Arrived in Da Nang! 🇻🇳 I think we arrived with too high expectations 😬 It honestly feels like Bali but ordered on Wish but in a good way… let me explain. So after three days here my pros and cons: Pros: - ☀️ Amazing weather early in the year (not too cold not too hot, way better than Bali/BKK/CNX. Think T-Shirt during the day but light wind jacket at night.) - 💸 Affordable (you def. feel it’s much cheaper than most „Nomad“ places but it does come with a cost I‘ll share below) - 👨🏽‍💻 Community (there’s a lot of cool Indiehackers here and you’ll def never feel alone) - ☕️ Coffee shops (this came to a surprise! I’d dare to say the the work-from-a-cafe culture here is the best I have seen from all the places I have been too. Big, spacious, natural light, great coffee, decent WiFi and power plags everywhere) Now to the cons: - 🏠 Accommodation (this is a personal one but I just can’t seem to find a nice looking apartment or house here for short term rental. Da Nang seems amazing if you are conscious about your run rate and want basic amenities (think 200-500$ for a basic one bedroom condo) But if you are used to accommodation from Bali or Bangkok it just doesn’t deliver. A good amount of places seem to be riddled with either mold or noise issues. We’ve been on countless visits today with various agents, checked all the booking sites and… nada. There seems to be some nicer high end stuff but it’s all not possible to rent on a monthly basis and seems to avg. $2-4000/m which suddenly doesn’t seem appealing at all anymore given the other options in SEA and beyond. This is actually also the most frustrating and likely what won’t keep us here for long. Still scouting but my initial optimism to find something decent is fading fast. - Driving style 🛵 (I’m sorry to say this but after having driven a lot of vehicles around South East Asia, Vietnam seems to have the worst drivers of all countries I have ever been to with India coming close second) Initially I thought „oh nice people drive quite slowly here most of time like 40km/h max and there’s no traffic“ so it was refreshing to the traffic craze of Bali but fuak me do people here drive dangerously! People not only drive on the wrong side of the street (typical SEA behaviour I can handle) but they corner you with acceleration on the wrong side of the street 😅🤯 It’s absolutely nuts. We almost had a horrific accident today. My girlfriend cried because it was so sketchy.) So ye… to summarize Da Nang seems to be THE place if you are starting out your Indiehacker journey and/or want to save money. If you care a lot about the quality of your accom or plan to ride a bike while having little to no experience I’m not sure it’s the best place to go. I think Da Nang didn’t start out or ever want to be a nomad hub but it’s slowly turning into it so maybe it’s also not fair to compare it with a place like Bali. I’m writing this because I really want Da Nang to work for us (given the pros I mentioned) but it seems like a rough start. I’ll update y’all in a few weeks with how it’s going 😉 Curious, what’s your experience about Da Nang?

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Wojtek Zajac retweetledi
0xSammy
0xSammy@0xSammy·
923 Clawdbot gateways are exposed right now with zero auth (they just connect to your IP and are in) That means shell access, browser automation, API keys. All wide open for someone to have full control of your device. Had Clawdbot check my setup: - Config shows bind: "loopback" - External port test: connection refused (Not exposed) If you're running Clawdbot, check yours: bind: "all" means you're on that list Fix: change to bind: "loopback" and restart. It takes 10 seconds. RT for exposure
Luis Catacora@lucatac0

Clawdbot is awesome 🦞 But I just checked Shodan and there are exposed gateways on port 18789 with zero auth That's shell access, browser automation, your API keys Cloudflare Tunnel is free, there's no excuse RT to save a ClawdBot from getting cooked

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Wojtek Zajac
Wojtek Zajac@wojtek·
Taking DiDi taxis in Beijing already feels like riding robotaxis. Drivers barely speak, drive in total silence, and stay locked-in for 1–2 hour trips. From my POV, switching to fully autonomous cars won’t feel like much of a change – except for the human cost of lost jobs.
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Wojtek Zajac
Wojtek Zajac@wojtek·
@klos I wish it was a viable option for Europeans, as I couldn’t find its Irish -domiciled alternative… good call, though!
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klos
klos@klos·
Everyone is loading up on $QQQ these days, but $VGT is an interesting ETF alternative: Over the last 10 years, it has outperformed the Nasdaq-100 by 162%, despite excluding some Mag 7 giants, while diversifying into 3x more tickers. etfsavant.com/qqq-vs-vgt/
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Marcin Kazmierczak ♦️
Marcin Kazmierczak ♦️@MarcinRedStone·
My X account was briefly compromised. I've regained access and secured the account. Please disregard any suspicious activity from the recent period.
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Spreek
Spreek@spreekaway·
Been thinking about Saylor's current position all morning, here's a thread (just musings, not financial advice and may not all be entirely accurate):
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Wojtek Zajac
Wojtek Zajac@wojtek·
@artpi @levelsio Hey I find these useful I guess I should just start looking at charts less frequently…
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Artur Piszek
Artur Piszek@artpi·
@levelsio I think it’s the same as people designing lounges thinking you want live stock tickers. They never used their product and are theorizing what the people staying in hotels do all day
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@levelsio
@levelsio@levelsio·
I always wonder what's the deal with Pressreader in hotels It lets you read newspapers I never see anyone actually use it But hotels are plastered with notices you can use it, it's in the gym, in the lobby, on the TV even What's the economics or business model?
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Wojtek Zajac
Wojtek Zajac@wojtek·
@MichaelRosmer Note that I’ve been asked for my tax residency certificate on 4 occasions this year alone. It was the IRS of my previous country, financial institutions, and a global cybersecurity service provider. If I didn’t provide it to first 3, they’d keep sharing info with my prev country.
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Michael Rosmer
Michael Rosmer@MichaelRosmer·
Let me try to explain this in detail as it's super frustrating for me to see this mistake being made so frequently and then passed around as advice all over the internet by people who don't understand international tax laws. 1. You can be tax resident in multiple countries - this is hyper important to realize, being tax resident in one country doesn't make you tax non-resident in another country unless there's a tax treaty between them and the tie breaker rules within the treaty rule in favor of the one country vs the other, which will NEVER happen if you don't actually live there (For the record the main tie breakers in tax treaties in order are as follows: - Permanent home available to you - Center of vital interests - Habitual abode - Citizenship) If you are tax resident in one country and tax resident in another as well you'll be fully taxable in both minus the tax treaty. You can literally be double taxed. In some cases countries will offer unilateral tax credits for taxes paid in another country if you're tax resident in multiple but that's not useful to you at all if you didn't pay taxes there. 2. People obsess over tax residency, which really refers to "can you get a tax residency certificate". The issue is for most people there's virtually no cases where you'll actually need one. This should be obvious to you as you've probably never in your life or business been asked for one. These are mainly only useful for withholding tax but that's only helpful if the withholding country recognizes it and because Paraguay has virtually no useful tax treaties that doesn't help you at all. 3. If you don't live or spend most of your time in the country where you have this paper tax residency you have to ask "where are you instead?" The issue is that country wherever it is will frequently consider you taxable there (see point 1). This depends on their local rules but can be based on amount of time spent, citizenship/residence permit, or ties. Not triggering those countries rules is what you should obsess over. it is possible not to live in one of these countries like Paraguay or Panama and not trigger any other country's tax residency but if you do then you don't need the Panama or Paraguay residency or tax residency doesn't matter anyway because countries mostly just look at their local situation (minus tax treaties) not your foreign status. The other thing is few people are willing to continually travel and not have a base somewhere so you should be thinking about "where do you want your base (or bases) to be?" and what consequences will that have? The key obsession to avoid tax isn't tax residency, it is tax non-residency, focus on that and you'll be good in many cases you don't need a tax residency anywhere but depends where you're coming from and what your citizenship is.
Sebastián@gvtcontractor

@MichaelRosmer @BitQua Judging by your profile you seem to be knowledgeable in this niche but what you are saying is the opposite of not only everything I’ve read, but what my friends are actively doing. I wonder where the disconnect is.

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Marcin Kazmierczak ♦️
Marcin Kazmierczak ♦️@MarcinRedStone·
Full week Buenos Aires 🇦🇷 What's one thing people shouldn't miss while being here?
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kyzo
kyzo@ky__zo·
now make Warsaw <> Bali and Bali <> SF and we're all set to live the perfect life
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Gunnar Camner
Gunnar Camner@gunnarcamner·
Love seeing the @coinbase One logo when I connect to onchain apps and protocols. It also comes with boosted rewards. Thanks for the great implementation @eulerfinance 🙏
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Wojtek Zajac
Wojtek Zajac@wojtek·
was looking for a small speaker with Alexa and airplay – ended up with the Sonos Roam 2. sound quality is way worse than my old bose soundlink mini 2, which was my trusty companion for 10 years – but the playlists on Sonos Radio are miles ahead of Spotify and Apple Music
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fabiano.sol
fabiano.sol@FabianoSolana·
Monthly cost to live comfortably: If I were to relocate, it would probably be in SEA (Thailand, Vietnam, Malaysia) or maybe Mexico What's the best place for a crypto bro ??
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Jacek Lempart
Jacek Lempart@J_Lempart·
Jeśli ktoś szuka rzetelnego źródła wiedzy o inwestowaniu przy pomocy ETF-ów, to polecam śledzić profil @atlasETF. Znajdziecie tam nie tylko bieżące informacje, ale i masę edukacyjnych materiałów prezentowanych każdego dnia.
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Finematics
Finematics@finematics·
Who remembers this video from 5 years ago? Glad to announce, this is the first Finematics video that hit 1M views ✨
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Euler Labs
Euler Labs@eulerfinance·
A massive new addition to Euler. Welcoming @0xJHan as Head of Growth to lead institutional adoption. Coming from The Tie, Republic Crypto, DCG, and Bridgewater, Jonathan is the perfect fit to help scale the next wave of institutions on Euler.
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Robert Leshner
Robert Leshner@rleshner·
When I started going to the gym, and somebody asked how many sets I had left on a machine, I’d sheepishly say “just one” even if I had 2. To make up for it, now when people ask, I add an extra set to whatever I have left, to challenge myself and also make them wait longer
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Wojtek Zajac
Wojtek Zajac@wojtek·
one of the most underrated aspects of the nomadic lifestyle is not caring much about material possessions. it’s a real life hack
Alex Napier Holland 🦍@NapierHolland

@martyrdison One nice remote work bonus is we escape a lot of the status stuff. My girlfriend is a junior designer. But we work from the same apartment next to the ocean and will spend next winter in a ski resort. Our income disparity has no impact on our daily life.

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Wojtek Zajac
Wojtek Zajac@wojtek·
@wojventures Jordan is a great guy. I spent a day with him and his girlfriend showing them around Krakow a while back. Very down to earth and a big inspiration to me, also.
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