Dave Maddox

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Dave Maddox

Dave Maddox

@thinkpayments

US Financial Services Blockchain Business Dev. Named top 100 to follow in payments fintech. Read a lot tweet a few. Tweets do not represent IBM.

Atlanta 加入时间 Aralık 2010
4.8K 关注9.7K 粉丝
Dave Maddox
Dave Maddox@thinkpayments·
@JeffBezos @CaitlinLong_ If half the electorate doesn’t pay taxes then they will never vote to lower taxes but always vote to raise them on the rest of us.
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Jeff Bezos
Jeff Bezos@JeffBezos·
Thank you. The important part is zeroing out taxes on the bottom half. Best way to put money in someone’s pocket is to not take it out in the first place. Bottom half is only 3% of total tax revenue. But it’s very meaningful to that person. Zero it out.
Chris | Venture X Media@thecoachchris_

Facts It's great that Jeff Bezos thinks this way, because too many people who don't make money think that giving money to the government will solve a lot of their problems. They think these government programs are the answer, and it's clearly not. You can look at the federal level or at the state level, and you will see that a lot of government programs are simply waste.

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Dave Maddox
Dave Maddox@thinkpayments·
@VenmoSupport I cannot get into my account. Changed password multiple times but continues to fail. Can not get to a human via your VRU!!
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James Fishback
James Fishback@j_fishback·
Amazon just applied for 10,781 H-1B visas. They don’t want to hire you, your kids, or your grandkids. They want to hire cheap foreign laborers from places like India, China, and Thailand. We will not be replaced. End of story.
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Dave Maddox
Dave Maddox@thinkpayments·
@elonmusk Answer: We are a country of the party, by the party and for the party regardless of who is in power.
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Dave Maddox 已转推
Aakash Gupta
Aakash Gupta@aakashgupta·
Armstrong is telling you AI agents need crypto because they can’t use banks, and nobody’s noticing that Visa, Mastercard, Google, Stripe, and PayPal already built the answer. Visa completed hundreds of agent-initiated transactions in live pilots last year. Mastercard launched Agent Pay with tokenized credentials across all U.S. issuers. Google shipped an entire Agent Payments Protocol. Santander and Mastercard ran Europe’s first regulated AI agent payment two weeks ago. The “agents can’t open bank accounts” framing sounds clean, but it skips what’s actually happening. Visa’s Trusted Agent Protocol uses cryptographic signatures to authenticate AI agents the same way it authenticates human cardholders. The agent gets a token linked to your account. No bank account needed for the agent. No KYC for the bot. The human already passed that gate. This tells you everything about how the payments industry views this race. Coinbase’s x402 protocol has processed 50 million transactions since February, which sounds like scale until you realize Visa processes that volume roughly every 90 minutes. Visa is working with 100+ partners across six continents. Mastercard launched an entire Agent Suite in January with 4,000 advisors. These companies process 3.4 trillion transactions annually and they’re retooling all of it for agents. The real constraint for AI agent payments is liability. When an agent books the wrong flight or buys the wrong size, who eats the cost? Visa’s Ramachandran said it directly: agents are now a fifth party in the dispute chain. Crypto has no dispute chain. No chargebacks. No consumer protection. For a billion agents making mistakes at machine speed, that’s a feature for Coinbase and a problem for the person whose agent just bought 400 economy seats to Mumbai. Coinbase wins the long tail. Agent-to-agent micropayments, DeFi, on-chain operations where no merchant exists. That’s a real market. But “agents can’t use banks” is a 2024 take running on a 2026 timeline where Visa is telling merchants to prepare for AI agent checkout by holiday season. The incumbents aren’t sleeping through this one. They’re spending more, moving faster, and they already have the merchants. Crypto becomes a rail for agents. Visa and Mastercard are betting their entire product roadmap it won’t be the primary one.
Brian Armstrong@brian_armstrong

Very soon there are going to be more AI agents than humans making transactions. They can’t open a bank account, but they can own a crypto wallet. Think about it.

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Dave Maddox 已转推
Tuki
Tuki@TukiFromKL·
🚨The CEO of Coinbase just said something nobody's taking seriously enough. AI agents will outnumber humans in transactions. Soon. > "They can't open bank accounts. No ID. No SSN. Banks literally cannot serve them." > "But they already own crypto wallets." So the biggest economy of the next decade won't run through banks at all. It'll run through blockchains. Not because crypto won. Because banks physically can't onboard a customer that isn't human. Banks weren't built for what's coming.
Brian Armstrong@brian_armstrong

Very soon there are going to be more AI agents than humans making transactions. They can’t open a bank account, but they can own a crypto wallet. Think about it.

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Dave Maddox
Dave Maddox@thinkpayments·
Danish (happy country) Citizenship Requirements - Pass a Danish language exam - Pass a Danish citizenship test - Show you are financially self-supporting. - Have not committed serious crimes - Sign declaration of loyalty and allegiance to Denmark & Danish society @elonmusk
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Dave Maddox
Dave Maddox@thinkpayments·
@elonmusk want to double your ad revenue. Copy the code and make a separate system with no politics, no religion and no porn. Business and consumer focused. Engagement with increase on both sites.
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Dave Maddox
Dave Maddox@thinkpayments·
@GovPritzker @JBPritzker And now it’s a government of the party, by the party and for the party. Regardless of who’s in power.
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Governor JB Pritzker
Governor JB Pritzker@GovPritzker·
Honoring President Lincoln’s birthday in Illinois today.
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Dave Maddox
Dave Maddox@thinkpayments·
@profstonge The real question is how will the government deal with the loss of income tax when robots and AI eliminate jobs.
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Peter St Onge, Ph.D.
Peter St Onge, Ph.D.@profstonge·
What happens when AI and robots steal all the jobs. MIT says we’ll lose 1 in 8 jobs by 2030. McKinsey says 1 in 3. - Where will the new jobs come from - What will they pay - And how can government get out of the way so they happen
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Dave Maddox
Dave Maddox@thinkpayments·
For the Super Bowl halftime they should have had Alan Jackson, who’s retiring this year, sing “Where were you when the world stop turning”
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Dave Maddox
Dave Maddox@thinkpayments·
@SocialSecurity @POTUS Time to replace Social Security Cards with a chip cards to eliminate FRAUD! You know this drill Frank.
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Social Security
Social Security@SocialSecurity·
Under the leadership of @POTUS, SSA has made HUGE improvements to better serve Americans and protect & strengthen Social Security! ⬇️Phone wait times DOWN to SINGLE DIGITS 🕙24/7 website access 🏢In-person wait times DOWN 30% 📉Over 30% drop in disability claims pending ⌚SAVING Americans +30 million hrs/year due to faster service 🎯STOPPING waste, fraud, & abuse The golden age of SSA is HERE!
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Dave Maddox
Dave Maddox@thinkpayments·
@smerconish We have become a country of the party, by the party and for the party. We need open primaries!!
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Dave Maddox
Dave Maddox@thinkpayments·
@CoachForGov if banks require English why does Social Security provide statements in every language and language services?
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Social Security
Social Security@SocialSecurity·
📺Senator Warren refused to believe the incredible work that we are doing at SSA to serve more Americans at quicker speeds, so Commissioner Bisignano welcomed an OIG Audit. The results were clear: our public metrics are accurate and service improved from the last year!
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Dave Maddox
Dave Maddox@thinkpayments·
Why does the US Medicare Statement include notifications in other languages? ⁦@elonmusk
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Dave Maddox
Dave Maddox@thinkpayments·
@elonmusk Spoke with a professor in 2012 and he had been hired by China to develop a curriculum for 600 universities they planned to open dedicated to computer science. We are so unprepared!
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Dave Maddox
Dave Maddox@thinkpayments·
Change the tax code and only allow companies to expense employees from the country of origin. Hire Indians then expense it from your revenue in India not against US Revenue. My son a university of Florida grad lost his job when his entire department was replaced with Indians to save money.
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Daniel Di Martino
Daniel Di Martino@DanielDiMartino·
I can't emphasize this enough: Trump is right. To have foreign investment and companies open here, they need to be able to bring the best talent from all around the world. The evidence backs it up as visa restrictions lead to offshoring.
The Bulwark@BulwarkOnline

Trump: "You can't come in, open up a massive computer chip factory…and think you're going to hire people off an unemployment line to run it. They're going to have to bring thousands of people with them, and I'm going to welcome those people."

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