Richard | ISC

8K posts

Richard | ISC

Richard | ISC

@Richard_ISC

Rational thinker Cofounder @ISC_money

شامل ہوئے Mart 2023
863 فالونگ1.7K فالوورز
Richard | ISC
Richard | ISC@Richard_ISC·
@metasal Transactions are permissionless, validator selection isnt.
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Metasal
Metasal@metasal·
when the marketing and IT don’t get along
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Tiberius
Tiberius@tiberiusfiles·
Bombing school kids: zero response Bombing gas and oil: global task force This is why capitalism as a governing ideology is incompatible with our basic humanity
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Crémieux
Crémieux@cremieuxrecueil·
This is not good: People have learned that GLP-1s are really effective, so if they're not losing weight, they know they're in the placebo group. So these people getting placebos are getting mad and leaving the trials.
Crémieux tweet media
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Richard | ISC
Richard | ISC@Richard_ISC·
If cost is an issue, as I said twice now, there are many cheap offshore jurisdiction. Also there are witholding tax on dividend in the US. If you have clients in the US, you're exposing yourself a lot more than if you are offshore. Anyway, recommend anyone that sumbled upon this to talk to actual expert, not me, and not "myStableCorp".
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myStableCorp
myStableCorp@myStableCorp·
The cost comparison is where this falls apart. Dubai free zone: $2,000–5,000+/yr minimum Singapore (nominee director): $2,000 - $3,000+/yr Wyoming LLC: $200 - $300/yr Same Indian tax obligation either way. Wildly different overhead. Also: nominee directors in SG/HK aren't just an "administrative cost" — they carry fiduciary authority over your company. That's actual risk, not just paperwork. Plus, a US bank account is what most US clients actually want to pay into.
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Richard | ISC
Richard | ISC@Richard_ISC·
You dont need to move to Dubai to setup a corporation there. Same for SG & HK beyond the director. There are all the cheaper offshore jurisdiction too. You conflate "risk" with "administrative cost". Its all legal to do from India, and they would all need to be equally reported to and taxed by India.
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myStableCorp
myStableCorp@myStableCorp·
Great question. Short answer: those work — if you actually move there. Dubai's 0% only applies if you're a UAE tax resident (183+ days/year). Singapore and HK require physical presence or expensive local directors. Most Indian founders don't want to relocate. A Wyoming LLC doesn't ask you to move. It just changes how your income is structured and routed — while you stay exactly where you are. The "IRS risk" for a non-US owner with no US operations is one information return per year (Form 5472). That's it. Dubai is a great answer if you want to emigrate. Wyoming LLC is the answer if you want to keep building from India — legally.
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Richard | ISC
Richard | ISC@Richard_ISC·
@mmdhrumil Too complicated for all parties involved, perp are a better product for leverage.
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Dhrumil
Dhrumil@mmdhrumil·
What do y'all think are the biggest reasons why on-chain options are still not as successful as perps? I know a bunch of them got started on Solana too 👀
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Richard | ISC
Richard | ISC@Richard_ISC·
@therealchaseeb @vibhu @tokens Reminds me of when we first started on Solana, and be completely lost when I tried to figure out where to trade. Bonfida was at the top of the list on Solana directory 🤦‍♂️ Thankfully we went to a hacker house and quickly got our bearing.
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Richard | ISC
Richard | ISC@Richard_ISC·
@therealchaseeb @vibhu @tokens Kinda. You're asking a normie, a newcomer, to figure out which platform to use amongst 6. 3 of which arent place that users should pick to swap (AMMs). Even a guy from EVM used to Uniswap might default to one of the DEX. And thats the general issue of foundation.
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chase
chase@therealchaseeb·
So, you're telling me, that @tokens is breaking market news and then pushing people to the website and showing them where to buy the tokens in the solana ecosystem? Seems bad
chase tweet mediachase tweet media
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Richard | ISC
Richard | ISC@Richard_ISC·
@YearOfTheKraken Rational -> reasonable. Israel is rational. They want to turn Iran into a fail state, and weaken other gulf countries. Nethanyahu hasnt been happier in his life.
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Sensei Kraken Zero
Sensei Kraken Zero@YearOfTheKraken·
Many people wouldn't have liked it when I called Iran a rational actor. But consider their actions so far. -Did not close Strait of Hormuz until there was an existential threat to their country -Did not attack critical energy infrastructure until theirs was targeted -They have once again threatened that they will destroy the regional energy infrastructure if theirs is attacked, prompting Trump to announce no more of Iran's will be targeted -They have demonstrated the capability to destroy the entire energy infrastructure of the Gulf and yet, they are holding themselves back. Compare this with Israel and USA's actions so far: -Decapitation strike against Iran while negotiations were progressing well (Oman confirmed this) and a ceasefire was in place. -Targeted Iran's energy infrastructure knowing fully well that there will be retaliation. -Initiated a war they have no means of winning without plunging the entire world into an apocalypse. Which side is the rational actor here?
Sensei Kraken Zero@YearOfTheKraken

Because: 1. Iran is a rational actor. 2. The threat to close the Strait of Hormuz was the enforcement of their red line. 3. Their red line was crossed [regime change war], hence, they shut down the Strait. What would others have done? They would have done exactly what US-Israel are doing now. It's also the reason nothing can be done about it now.

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deGal
deGal@gal_stern·
Hot take: no wallet or app has actually fully abstracted the onchain experience. Users still need to think about chains, gas, slippage etc. Who's aiming towards this user experience? Let's talk
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Rushi
Rushi@rushicrypto·
If the last one was named “The Great” Depression, what’s this one going to be called?
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Reeve Oliver
Reeve Oliver@TheReeveOliver·
@c542870 @Ldnbox Im well aware of the mechanism he used. Im pointing out that it is unethical (imo) and shows the founder is unqualified to be running a SAAS platform.
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Alek Asaduryan
Alek Asaduryan@Ldnbox·
SaaS founder realizes they may have accidentally built the backbone for a drug trafficking operation. 😜
Alek Asaduryan tweet media
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Richard | ISC
Richard | ISC@Richard_ISC·
@myStableCorp Why not a 0% jurisdiction? Or Dubai, Singapore, HK? Any of those would make anyone life easier. Why risk dealing with the IRS...
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myStableCorp
myStableCorp@myStableCorp·
6/6 This myth — "I'll pay US taxes" — has stopped thousands of Indian founders from building the right infrastructure. Now you know the truth. Questions? Drop them below. Our CA reads every reply. Follow for more on building a compliant global business from emerging markets, starting from India and Nigeria.
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Richard | ISC ری ٹویٹ کیا
Nuno Afonso
Nuno Afonso@nafonsopt·
For anybody saying "Just use Linux", you need to realise that Linux is worse than Windows. Windows has all the bloat, and while you can have Linux without any of that you still don't have tools like Remedybg, RAD Debugger and Super Luminal. Once you have such tools, then Linux is a suitable app development environment. But _it is still trash_ because of the whole Linux model of you needing to compile everything. The fact that you cannot run an app built using a newer version of glibc is an insane decision. I shouldn't have to upgrade my whole machine in order to run something built on a newer version. I shouldn't be worried that an upgrade will break my machine. I shouldn't be forced to compile things from scratch to work on my machine. I shouldn't be forced to install N packages, I just want self contained binaries I can just download and run. I shouldn't be forced to develop with an old distro to have "max glibc compatibility". I shouldn't have to worry about X11 / Wayland / Window Managers. I shouldn't have to worry about asking the user to select a folder, display a dialog or show notifications. Linux is such a huge waste of potential, if they got their shit together they would completely obliterate Windows. I first got into Linux in 2000, and even back then there was this "it will take over Windows any time now!". It's been _26 years_! The same way I'd pay quite a lot for Windows without any bloat, I'd be willing to pay for a distro that gives me all this.
Nuno Afonso@nafonsopt

Anybody who thinks that it is ok for telemetry to use 100% of your CPU should be fired immediately.

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wavey cavey ∿
wavey cavey ∿@cavemanloverboy·
s&p500 perp without mcp lesson in there
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Richard | ISC
Richard | ISC@Richard_ISC·
@SavageBot14 @haugejostein Both countries are being targetted because they don't play ball with the US. There are about 60 countries with authoritarian regime. Many of which are US allies (UAE, Saudi Arabia). You're naive if you think it's about helping the people in those countries.
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SavageBot
SavageBot@SavageBot14·
@Richard_ISC @haugejostein We are extending our influence but you girls call that “bullying”. We ended Maduro’s reign and his drug trafficking and now we are ending Iran’s 47 year run of terrorism but we’re the bullies?
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Jostein Hauge
Jostein Hauge@haugejostein·
In October 2025, an overwhelming majority of the UN General Assembly voted to end the brutal US embargo against Cuba. For the *33rd consecutive year.* Tell me, who’s the rogue state here?
Jostein Hauge tweet media
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SavageBot
SavageBot@SavageBot14·
@Richard_ISC @haugejostein Pick your poison. What you call a “bully”, Americans call “balls and strong leadership” over the last disaster we had in office.
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