@jahris_ what i meant is that all that regulation at the end circles back to the people caring about rent. They may not care about cars driving by themselves or gdpr, but the people bringing the money and the jobs do
@jahris_ Also strict regulations slow down progress quite a lot. Look at autonomous driving, UNECE already said we won’t have it regulated here until 2028. Same story with USB C being mandatory. Today it’s fine but what if a new better standard comes out in the future?
@jahris_ I completely agree with you, but at the same time the regulations here are becoming unplayable, you’re almost scared of opening a business here unless you can invest money to hire a legal team from the beginning.
we've raised a Series A to accelerate crypto development at @heliuslabs!
in mid-2022, my co-founders (@liamvovk and @nick_pennie) and I left Coinbase & AWS to make a dent on a big problem facing crypto:
a shortage of quality products
it was (and still is) too hard to build fast, cheap, and scalable apps as a crypto developer
Solana was the first real answer to this with its scale and performance, but it was hard to build on
while everyone ruled it out due to vast information asymmetry — we doubled down on it, exclusively
since then, we've grown to power the majority of the ecosystem, ranging from @helium's L1 migration to @MadLads' monumental mint and Discord/Shopify's first Solana integrations
we've done this with a small team, while everyone called Solana dead and with a tiny fraction of our competitors' funding
with this raise, we plan to accelerate the adoption of crypto-powered systems and Solana as much as humanly possible
over the coming weeks, we'll be releasing important primitives such as generalized zk compression, next-gen RPC tooling and infra, and other surprises
thank you to all who have supported us and Solana so far
most importantly, thank you to all Solana developers who have trusted us to help them
we have barely begun
time to accelerate
(p.s if this mission interests you, I'm hiring, DM me)
one of the biggest mistakes in this space is mistaking trading for investing
these aren't even remotely the same things
you can capitalize on markets being stupid on a short-time horizon — but make sure you don't brainwash yourself long-term in the process