Compounding Disinterest

[Compounding Disinterest @CDisinterest]

Feels like this is going to be hugely popular

[Block Investor Relations @BlockIR]

Today we're introducing @CashApp Tags — a new payment form factor that's changing the shape of money. NFC-enabled physical payment accessories that let customers pay without a phone or card.

The first model is a limited run of the Cash App Wand. Available today for Cash App Card holders to tap at the checkout.

Why:
> 1 in 5 American teens already have the Cash App Card — the most popular debit card in the US among this audience
> 38% of Gen Z purchase collectibles or limited edition items at least monthly
> Tags turn payments into a visible, social, wearable form factor
> Multiple styles coming for future availability

Tap in for more details: https://t.co/ydG2g3lYrp

[Compounding Disinterest @CDisinterest]

@TheDebtReaper @AggieCapitalist I know FLYW well. Just saying the whole space is toxic

[Compounding Disinterest @CDisinterest]

@tomicki What about Hyperliquid?

[Compounding Disinterest @CDisinterest]

@UpslopeCapital CFTC approved Perps on Friday

[Compounding Disinterest @CDisinterest]

If you’re Anthropic or OAI, aren’t you in a race to get public? First one to IPO is certainly going to be bigger / better

[Compounding Disinterest @CDisinterest]

@blondesnmoney @EhrmantrautCap_ $JRVR

[Compounding Disinterest @CDisinterest]

@rennyzucker Why not just bet $850k on OKC?

[Compounding Disinterest @CDisinterest]

@dalibali2 I feel like these things could squeeze

[Compounding Disinterest @CDisinterest]

@P_Remarks How tf are TMT pods surviving this?

[Compounding Disinterest @CDisinterest]

Oh and you need a chrome extension @thsottiaux

[Compounding Disinterest @CDisinterest]

I would use Codex way more if: 1) remote via app was enabled like Claude Code, and 2) if my terminal windows had descriptive names like Claude code, not just the folder name

@thsottiaux

[Compounding Disinterest @CDisinterest]

@bucketshopcap No shot they’ll be as good, but I feel like if they’re 80-90% as good then that’s a win? (For now)

[Compounding Disinterest @CDisinterest]

@ExcessDefaults @CorneliaLake Only issue is keeping it in-house gives them SRE+ FRE. If you offload it to 3rd party, then only get FRE. I’ve also felt like they overpromised and under delivered on 3rd party insurance over time, but maybe that changes going fwd

[Compounding Disinterest @CDisinterest]

Agree — strategies are actually nothing alike. I asked because I think this idea that origination is the bottleneck is a bit misleading. They’re clearly tapped out on FA/FIA growth and getting close to tapped out on FABN growth, and it’s not clear to me where the next pool of liabilities comes from

[Compounding Disinterest @CDisinterest]

@blondesnmoney Get JRVR off of there

[Compounding Disinterest @CDisinterest]

@EconomPic Who’s best alternative? Fidelity? $LPLA?

[Compounding Disinterest @CDisinterest]

@BlockIR @emcross23 @owenbjennings Is it fair to say Afterpay eComm volume growth is no longer a focus? If so, why has it been de-prioritized?

[Compounding Disinterest @CDisinterest]

@orrdavid Also, a lot of stocks have been sneaky bad since mid April — consumer/financial stocks and QUAL (ex NVDA). Relative perf has just looked awful given semi exposure in SPX, NDX, and MXEF. Even RTY is getting lifted from meme stocks (BE, CRDO, STRL)