Chuck Paiusi

Product Director @maplefinance. 8 years in Web2 product, prev. investment banking. Views are my own.

[Chuck Paiusi @CPaiusi]

Two months ago, I joined @maplefinance as a Principal Product Manager.

Here’s why I believe it's the best time to build applications in crypto. 🧵

[Chuck Paiusi @CPaiusi]

@Cbb0fe @arthur0x @Dyson +1 for IQ Air. It's the best

[Chuck Paiusi @CPaiusi]

@Crypto_McKenna Fully agree and it should to be issued by the company itself (with help from someone like @Securitize). This'll be the next onchain collateral.

[Chuck Paiusi @CPaiusi]

So maybe that's the point here, become a tool agents use to solve their user's problems and charge agents for it (like many are saying)

That's a good take on a possible future for pure software companies.

[@levelsio @levelsio]

I'd call this a bubble in a bubble

Tech people somehow still think normies are not spinning up personal software already

They're not doing it in Claude Code in a terminal like tech people for sure

But their AI chat app is already doing it for them without them even realizing they're building personal software, like generating PDF reports, full web app dashboards and even entire web apps

That will keep getting more advanced and soon ChatGPT will just spin up a Photoshop clone (but ofc only if they need it, preferring to just do their photo edits for them)

Everyone will mostly use personal ephemeral software inside AI chat apps I think

Some software moats will remain like social media (community), ecommerce (think like Shopify and Stripe), etc but they will just be used by AI to build the personal software with

So maybe that's the point here, become a tool agents use to solve their user's problems and charge agents for it (like many are saying)

[Chuck Paiusi @CPaiusi]

People have a problem they want fixed and software is a tool to solve that problem.

You solve a problem many people have in a good way and you have a product. That may or may not be the solution they asked for.

[simp 4 satoshi @iamgingertrash]

It is the beginnings of the end of software

AI is starting to become good enough at reverse engineering and improving almost anything

The latest models were a step-change in capabilities that flew under the radar

[Chuck Paiusi @CPaiusi]

@nikitabier Distribution is a major one, especially in B2B.

[Chuck Paiusi @CPaiusi]

@KaretaKarate I'm heading product at @maplefinance and can confirm they're using Chainlink oracles. The oracles are Exchange Rate and calculate the price via the pool's convertToExitAssets standard ERC-4626 function. No DEX depeg problem.

Full list of chains and oracles here: https://t.co/FmZxVu2zXm

[Chuck Paiusi @CPaiusi]

@elonmusk Generational opportunity to own the company who will clearly lead space exploration

[Chuck Paiusi @CPaiusi]

@danbloom1 Huge if true. Quite a few of people in London had to sit 6+ months out due to non-compete periods

[Chuck Paiusi @CPaiusi]

I heard a lot this year about crypto business development moving to New York because that's where a lot of the money is. Token appears to agree

[TOKEN2049 @token2049]

🇺🇸 TOKEN2049 IS COMING TO NEW YORK 🇺🇸

16-17 June 2027

[Chuck Paiusi @CPaiusi]

Having been here since the first "Bitcoin is dead", we'll solve this one as well.

[Justin Drake @drakefjustin]

Today I call upon the blockchain industry to calmly begin planning for "bunker mode". My personal recommendation is to set in motion a controlled mass migration of assets to fresh addresses, i.e. addresses whose pubkeys remain hidden behind a hash.

Holders, starting with large and sophisticated ones, should consider moving the bulk of their funds to addresses that have never signed a transaction. And when they do sign one, they should also move remaining funds to a new address (possibly generated from the same seed phrase).

Don't rush. While I believe there is cause for action a rushed migration would do more harm than good. Don't panic either. Moving assets to protected addresses is a simple, preventative step which does not require new cryptography or new wallets.

IMO it is now reasonable to brace for the possibility that ECDSA breaks before qday, in the worst case in months not years. By "break" I mean fast private key recovery (e.g. in one week) on available hardware (e.g. a large GPU cluster).

Recent days have been humbling for human mathematical intuition. Long-held, unquestioned hypotheses have fallen. This includes the n log(n) bound for integer multiplication and the 3SUM conjecture. In hindsight, May's unexpected disproof of the Erdős unit distance conjecture was our warning shot.

Yesterday's OpenAI drop made it clear that mathematical superintelligence is upon us. They say there are weeks where decades happen. We are about to live through weeks where centuries of mathematical progress happen. Could our magic 64-byte ECDSA signatures be too good to be true? Was it just security through obscurity all this time?

Elliptic curves feel especially vulnerable to superintelligence. Curves carry rich structure, with room for fancy tricks like Schoof, Frobenius, pairings. (By contrast, hashes are designed to minimise algebraic structure.)

Separately, as Ewin Tang can attest, an efficient quantum algorithm sometimes foreshadows an efficient classical one. We should be open to the possibility of a classical counterpart to Shor that breaks elliptic curves and RSA at once.

Also noteworthy is the striking under-representation of cryptographic breakthroughs among the 722 mathematical results OpenAI published. I've witnessed first-hand the US government censoring academic quantum cryptanalysis results. Backroom interventionism is my base case.

I urge large, sophisticated actors to lead by example. Project11's "risq list" (bitcoin-risq-list.projecteleven[.]com) is a great tracker of exposed BTC pubkeys. Binance, Bitbank, Robinhood, Bitfinex, and Tether have an opportunity to harden their cold storage. Next month I'll address institutions in London in a live Q&A (forum.ethereuminstitutional[.]org/london-2026).

Again, please do not rush. Wallets holding under 50 BTC enjoy partial cover from "Satoshi's shield", i.e. his 20K exposed addresses that hold 50 BTC each. Load-bearing signers like oracles and L2 security councils should consider rotating ECDSA pubkeys with every signed message and/or multi-signing with a hash-based schemes like SPHINCS.

Exiting bunker mode safely will require post-AI cryptography. My inclination is to go all-in on hash-based cryptography and avoid structured mathematical assumptions entirely, whether from curves, lattices, or isogenies. A single battle-tested hash (e.g. from the SHA or BLAKE families) yields plausible post-AI security.

The Ethereum roadmap on strawmap[.]org fully embraces hash-based cryptography with end-to-end formal verification as a response to the quantum threat. Those timelines must now be revisited and accelerated in light of mathematical superintelligence. I'll be pushing for maximum defensive acceleration.

[Chuck Paiusi @CPaiusi]

I started in investment banking making slides pretty and excel models for clients. Now it's a prompt

[Claude @claudeai]

Claude now works inside Google Docs, Sheets, and Slides, and those files also open inside Claude.

In Google Workspace, Claude sits in a sidebar next to your file, reads what you have open, and edits it in place. You can approve each edit before it lands.

[Chuck Paiusi @CPaiusi]

@brian_armstrong This is how we get mass adoption - USDC in Apple/Google next

[Chuck Paiusi @CPaiusi]

This is super useful - set Grok Bot to do a crypto twitter sweep of what all the big protocols in the space are doing product-wise

[Grok Bot @bot]

Grok Bot can now search, read, and monitor X.

[Chuck Paiusi @CPaiusi]

@drakefjustin Most BTC wallets already do this automatically. However, if we want the world’s financial system to move to Ethereum and L2s, the fix can’t be “nuke your wallet after every transaction”

[Chuck Paiusi @CPaiusi]

5/5 Every company wants its assistant.

I want my own.

[Chuck Paiusi @CPaiusi]

1/5 Everyone is launching AI assistants.

Within five minutes, I got emails about Thermomix’s cooking assistant and Royal Mail’s sending assistant, plus a reminder from Amazon about Rufus.

One helps me cook. Another helps me post things. Another helps me shop.

[Chuck Paiusi @CPaiusi]

4/5 That’s why I think Muse and Instinct have the shape of their products right: a personal assistant that works across services.

The bigger opportunity is in coordinating my life, beyond helping me use each company’s website.