Jim from blocmates

Head of Partnerships @blocmates |
Digital Commodity Speculator

[Jim from blocmates @DeFi_educator]

How to find a 10-100x shitcoin gems consistently?

Making big money in a short amount of time is why hunting micro cap gems can be life changing for small time investors...

How to become a gem huntooorrr
A 🧵

[Jim from blocmates @DeFi_educator]

@DonAlt

[Jim from blocmates @DeFi_educator]

@DonAlt

[Jim from blocmates @DeFi_educator]

@DonAlt

[Jim from blocmates @DeFi_educator]

@DonAlt

[Radigan Carter @radigancarter]

https://t.co/Ys7x2TMb2t

[Om Patel @om_patel5]

stop spending money on Claude Code.

Chipotle's support bot is free:

[Jim Cramer @jimcramer]

Not buying the 2007 scenario...

[Vetle Lunde @VetleLunde]

Traders are paying substantial premiums for the privilege of shorting bitcoin, and they have been doing this for quite some time.

Chart 1: Mar 11 recorded the 7th lowest annualized daily funding rate since Jan 1, 2023. Mar 12 recorded the 11th lowest.

Chart 2: Weekly funding rates have returned to deep negative levels.

Chart 3: Even the 30-day average has been negative for 14 consecutive days, the longest streak since December 2022.

Chart 4: BTC vs. 30-day average funding rate.

[Jim from blocmates @DeFi_educator]

@martkiro @Polymarket thank you for your service 🫡 @martkiro

[Jim from blocmates @DeFi_educator]

@julianbachelet @BitgetWallet in dm's ser!

[Jim from blocmates @DeFi_educator]

@blocmates great stuff @DefiVaults

[Jim from blocmates @DeFi_educator]

Prediction market tx's up only
The world's biggest sporting event coming up
We are still early

[blocmates. @blocmates]

https://t.co/s0A7j5uj6Y

[Negligible Capital @negligible_cap]

Rubric Capital, a hedge fund founded by a former Point72 manager David Rosen, wrote a private letter to their LPs effectively saying private credit is a fraudulent bubble.

"Our key takeaway from this behavior is that distribution cuts are so worrisome that some bad actors are playing Enron-like accounting games" per the letter

Letter called out Cliffwater, the biggest operator of interval funds and an aggressive player in selling private credit to individual investors.

Cliffwater’s largest fund, started in June 2019, has since reported a total of just three negative months of investment performance. It now manages $33 billion. The first opportunity this year for investors to ask for their money back is next week.

The note surmised that Cliffwater could be “a canary in a coal mine.” and the first domino of many

The bubble might blow soon

https://t.co/311Jjsyy4C

[Jim from blocmates @DeFi_educator]

@blocmates AI & robotics meetups coming to Lisbon & Porto 👀

[Grant @Grantblocmates]

Building AI or robotics stuff in Portugal? I've got something cool to show you.

Meetups coming to Lisbon and Porto. DM me if you are interested or know someone who is.

[Jim from blocmates @DeFi_educator]

@NassDiba @wormdotwtf good take, think most people don't understand how easy it is to sweep an illiquid orderbook and wipe out all the leverage, and have prices trade back to where they were seconds later

[Balaji @balajis]

This is the first AI cut.
And it will send shockwaves.

Remember: Jack is one of the greatest founders of all time. He created this platform that we’re all on, and has been early to many technological shifts. And Block was doing very well as a business.

So, for him to cut 40% of headcount in this way is a signal to everyone in tech: get good now. Become indispensable. Work nights and weekends. Learn the AI tools and raise your game. Or you might not make the cut, as an employee or as a company.

I know. That sucks. But capitalism is natural selection. The market is unforgiving, because you are the market. After all, it’s not like you’re buying some random gallon of milk from the store; you’re always buying the best product at the best price.

So too for apps: your customers are always installing the best piece of code they can get. And because AI is going to create new winners, if you aren’t the best in your market, someone may become better with AI. Particularly with the new agentic workflows.

To be clear: Block’s severance is generous by any measure. 20 weeks of pay, six months of health insurance and vested equity, all of that goes far beyond any typical package. Jack did his level best to cushion the disruption. The laid off are a temporarily unfortunate class, as opposed to a permanent underclass.

But had he not leaned into the AI transition, he might have had to lay off more people, slowly, and over time, as faster competitors went after his market share.

How would they do that? Sure, AI isn’t a panacea by any means, but the closer you are to software engineering the more aggressively you need to embrace agentic workflows. The AI companies are already doing that, and places like Stripe, Shopify, Coinbase, and now Block are pushing hard on this area.

There will be overcorrection. But the fundamental technical innovation is real. And you need to either disrupt yourself or get disrupted.

[umang @umang_veerma]

https://t.co/3LcrGUbuz1

[563 @563defi]

https://t.co/Pv3cu2CCnu

[wishful_cynic @EvgenyGaevoy]

https://t.co/bxhHjJllOp

[563 @563defi]

I built a dune dashboard to track the progress of Automaton/Conway, let me know what you think!