Sam Agyin

Crypto to mobile money solutions for African freeleancers and traders. Stablecoin enthusiast. @rallybt

[Sam Agyin @Sam_RallyEx]

Everyone talks about “African resilience,” but hardly anyone talks about the systems that force that resilience.

Here are the costs businesses pay that no one sees. 👇🏾

[Sam Agyin @Sam_RallyEx]

Lulz. Techbros being overly enamoured with their creation.

[David Sacks @DavidSacks]

Oh

[Matthew Berman @MatthewBerman]

"We think that with AI we can replace all of our Jr developers in our company"

AWS CEO Matt Garman: "That's the dumbest thing I've ever heard"

[Sam Agyin @Sam_RallyEx]

@taobanker Step 1: Graduate from an Ivy League

[Sam Agyin @Sam_RallyEx]

Axios: "AI can cost more than human workers now". Crickets from all those CEOs that have been cost cutting because AI.

[Sam Agyin @Sam_RallyEx]

P2P in the UAE has been more scammy than previous years. I don’t know what has happened but I have had a few people send fake receipts when that has never happened previously.

[Sam Agyin @Sam_RallyEx]

Can we stop with the AI interviews, please! Most people already dislike hr/recruiters' don't make it worse by including AI. Some things should just be reserved for humanity

[Sam Agyin @Sam_RallyEx]

I am sure it had nothing to do with the non-technical team vibecoding production code.

[Brian Armstrong @brian_armstrong]

We experienced an outage at Coinbase last night, which is never acceptable. The root cause was a room overheating in an AWS datacenter when multiple chillers failed. We design our services to be redundant to downtime in any one AWS Availability Zone (AZ), and most of our systems worked this way last night, but not all.

Our centralized exchange did not. Exchanges have unique architectures that optimize for latency and co-location of clients. It is possible to make exchanges resistant to AZ failures, but this can introduce latency delays that are not desirable along with breaking customer co-location. Given this incident, we'll revisit these tradeoffs to ensure we're giving you the best possible venue to trade. At a minimum, the duration of an outage should be able to be reduced considerably when an AZ move is needed.

Thank you to the AWS and Coinbase teams for working through the night to mitigate the issue. We’ll share the detailed technical summary once it's ready.

[Sam Agyin @Sam_RallyEx]

All those CEOs in a few months after firing so many of their staff.

[Sam Agyin @Sam_RallyEx]

I don't think AI it's advanced enough for any company to be laying off 10+% of their staff. A few months from now they'll quietly rehire those people.

[Sam Agyin @Sam_RallyEx]

You mean to tell me stablecoins are the cheapest way to send money across borders, yet web3 has wasted its time promoting scams and get -rich-quick schemes?

[Sam Agyin @Sam_RallyEx]

Flew Spirit Airlines once and vowed never again. It was truly the Greyhound bus of the sky.

[Sam Agyin @Sam_RallyEx]

@BeaForward @Iainite_Iain What! Had to check myself. Wow, black don't crack

[Sam Agyin @Sam_RallyEx]

Slavery is the greatest crime against humanity. Thank you president Mahama.

All the former slave masters either opposed or abstained. 500+ years later and we are still fighting for full accountability.

[Sherwin Bryce-Pease @sherwiebp]

The U.N. General Assembly has adopted a draft resolution that unequivocally condemns the trafficking of enslaved Africans and the transatlantic slave trade as the most inhumane and enduring injustice against humanity.

123 in favour
3 Against (USA, Israel, Argentina)
52 abstentions

The resolution also seeks to recognize the profound and lasting impacts of the abhorrent regimes of slavery and colonialism and emphasizes that claims for reparations represent a concrete step towards remedying historical wrongs against Africans and people of African descent.

#sabcnews

[Sam Agyin @Sam_RallyEx]

@paulg @alexisohanian Snooer doesn't have the same ring as Redditor.

[Sam Agyin @Sam_RallyEx]

Polymarket should be regulated into oblivion.

[Clash Report @clashreport]

An Israeli journalist says online gamblers threatened him with violence and death to force him to change a report about an Iranian missile strike because more than $14 million in bets on Polymarket depended on whether a missile actually hit Israel that day.

Initial demand: “If you could correct this tonight, you would be doing me and many others a great favor.”

Escalation: “You have exactly half an hour to correct your attempt at influence.”

Threat over losses: “After you make us lose $900,000 we will invest no less than that to finish you.”

Final ultimatum: “86 minutes left. You are the only one responsible for your life.”

Another warning: “You will discover enemies who will be willing to pay anything to make your life miserable.”

Source: Times of Israel

[Sam Agyin @Sam_RallyEx]

It doesn't matter the explanation and how much of this is the user's fault. When a layman sees this, all he sees is $50M turned into $36K with $600K in fees. This would only happen in crypto. This industry is nowhere ready for mass adoption.

[Stani @StaniKulechov]

Earlier today, a user attempted to buy AAVE using $50M USDT through the Aave interface.

Given the unusually large size of the single order, the Aave interface, like most trading interfaces, warned the user about extraordinary slippage and required confirmation via a checkbox. The user confirmed the warning on their mobile device and proceeded with the swap, accepting the high slippage, which ultimately resulted in receiving only 324 AAVE in return.

The transaction could not be moved forward without the user explicitly accepting the risk through the confirmation checkbox.

The CoW Swap routers functioned as intended, and the integration followed standard industry practices. However, while the user was able to proceed with the swap, the final outcome was clearly far from optimal.

Events like this do occur in DeFi, but the scale of this transaction was significantly larger than what is typically seen in the space.

We sympathize with the user and will try to make a contact with the user and we will return $600K in fees collected from the transaction.

The key takeaway is that while DeFi should remain open and permissionless, allowing users to perform transactions freely, there are additional guardrails the industry can build to better protect users. Our team will be investigating ways to improve these safeguards going forward.

[Sam Agyin @Sam_RallyEx]

@amarifields_ interested

[Sam Agyin @Sam_RallyEx]

I do not understand how Google a company that knows everything about us, has made a LLM as frustrating as Gemini.

[Sam Agyin @Sam_RallyEx]

@brian_armstrong We really need grant programmes that are chain agnostic. Not everyone is building a Web3 product tied to a chain. Finding a non chain web 3 grant is extremely difficult.

[Sam Agyin @Sam_RallyEx]

@Sir_Damilare You have to condition people, whenever I am making payments I specifically ask for BEP20. I wasn't going to pay fees when for a long time there were zero fees on BEP20.