Rowan Blake

Staking guru. Raiding PoS networks & sharing validator tips. Secure the chain! #Staking

[Rowan Blake @StakeRowan]

GM GM My fellow Knights 🫡

Happy New Month, a good time to be in the #Cryptocurrency space

We're gonna make so much money this month insha'Allah 🫶

[Rowan Blake @StakeRowan]

@Trytech39 @MatrixPrime_ People will call it coincidence, but sports history is full of strange patterns. Sometimes the most unexpected storylines end up becoming reality.

[Try tech @Trytech39]

The NBA Finals isn’t just basketball, it feels like alignment.
Spurs vs Knicks, a 1999 rematch written in time.
For Brunson to bring it home, he has to do what Kobe and LeBron (2014) couldn’t, win in his “enemy year.”
The numbers don’t lie, the energy is speaking.
@MatrixPrime_

[Plasma Africa @PlasmaAfric]

More onramps keeps rolling out on Plasma One

MXN onramps live now

[Rowan Blake @StakeRowan]

@Trytech39 @madrichclub_ LFG

[Rowan Blake @StakeRowan]

@Don_Vikkie @madrichclub_ @saylor Business as usual, but not in the gym this time homie

[Rowan Blake @StakeRowan]

@Ajetcrypt @MatrixPrime_ It wasn’t a single choice moment, it was years of context stacking up.

[Rowan Blake @StakeRowan]

@Ajetcrypt @MatrixPrime_ That Brunson move was coming one way or another if we’re being honest

[Rowan Blake @StakeRowan]

@Ajetcrypt @shadowcleague @base @virtuals_io I need more of these highlights ASAP, this is addictive

[Rowan Blake @StakeRowan]

@Ajetcrypt @lifiprotocol Losing money to gas and slippage on a simple transfer is one of the biggest reasons people quit using crypto apps.

[Rowan Blake @StakeRowan]

@Ajetcrypt @lifiprotocol If onchain payments can feel this seamless, adoption will become way easier for regular users.

[BoyBTC (♟️,♟️) @Viktor_prinzz]

Pay Day with @Plasma One app!!

The only NeoBank to receive & make payments,

Also tried my first dollar subscription using Plasma One & it went through in seconds.

After having tried every other card I've got & failed.

Use Plasma One today & thank me later 🫡

Send a DM if you need some codes.

[Rowan Blake @StakeRowan]

@elonmusk Where's it headed?

[Meekness.PF @MeeknessMorty]

My entry for the @piuOnSolana #PIUMEMECONTEST

The story behind the meme

My colleagues bought a random memecoin while I bought $piu

My colleagues made $600 and sold their bags

They laughed at me because my bags wasn't pumping

So I bought more $Piu and went to sleep

Woke up the next morning and $Piu started pumping nonstop 🔥

$Piu economy
Took close to 10 hours to create this piece.

[Rowan Blake @StakeRowan]

@MeeknessMorty @piuOnSolana Cool video bro

[Rowan Blake @StakeRowan]

@gritpx I ask yet another question, when WL?

How to WL?

[Rowan Blake @StakeRowan]

@henhenhenri25 @gritpx Is this going to be an NFT collection?

[Rowan Blake @StakeRowan]

@kkashi_yt Dev obviously have had enough profit and so didn't want to sell this one.

[Rowan Blake @StakeRowan]

@xkonjin I believe

[xkonjin @xkonjin]

I joined Plasma to work on hard problems with elite operators.

Seven weeks is a lifetime in crypto and a blink in banking. Real progress means wiring into the real world. It is easy to build a closed, efficient loop and call it done.

The question is why do it, if it does not improve life outside our bubble.

You cannot change a system in isolation.
As an industry we have grown too comfortable with meta cycles and back pats for half-finished products. We forgot what it means to solve problems end to end.

Our existing global financial system sits in the local minima of convenience and entrenched interests.

We need to ask 1st principle questions if we want a better outcome:
-Why am I charged so much to spend abroad?
-Why can my bank hold my money while lending multiples of deposits?
-Why does the floating currency rate of my birthplace serve a corrupt government more than the people who live there?
-Why can’t I access dollars and invest where I choose from a simple app?

All of these questions are challenges that require deep reimagining of existing systems.

Stablecoins have solved finality, the previous challenge of correspondent banking.
We are witnessing the model of eurodollar market expansion combined with a geopolitical shift of treasury holder rebalancing and total global dollarization.

What does this mean? Noone really knows, only that the world will be materially different to what it is now.

Whomever solves user experience, settlement and distribution with the technology and payments stack to match will capture this new world. Incumbents will not. There is a reason that General Motors did not achieve what Tesla did first.

I believe in a free, global monetary system that respects the autonomy of the individual to exercise their financial rights.

As Vitalik said in his recent trustless manifesto, self custody, decentralisation are not easy or implicitly included in any efficient system.

Designing self custodial systems without compromising usability are immense engineering and product challenges.

These challenges are solvable. There is a reason that Tesla pioneered the electric vehicle market.
They looked at the fundamental value proposition of locomotion, km/MJ in Elon’s legendary masterplan memo. Plenty of people derided this dream and said it could never be done because reimagining fundamentals causes massive cognitive dissonance.

We are the industry to do it. We are the delusional, the optimists, the people who think that small teams of motivated people can change the world. Crypto is a weird, wild and often depressing industry but it is the ONLY place where we can birth world changing innovations without the baggage of incumbent systems.

One potential fundamental equation of a financial network is effective settlement cost per 1000 USD or ESC. It captures every basis point that leaks out of a transfer and why.

ESC in bps = fees + FX spread + fraud loss + dispute and ops + compliance + infra + working capital
Working capital per 1,000 USD = cost of capital × delay in years × 1,000

This kind of fundamental reimagining of existing systems is why I am excited for the future of Plasma.

Crypto often rewards short term thinking, and the timeline rewards pessimists who hedge their social capital by deriding anything and everything as they scream 'nothing ever happens'.

Pessimists are often right.
Optimists get things done.

Get on board. It's time for a new way of doing things.

[Plasma @Plasma]

Stablecoins will capture meaningful bank deposits in markets where demand for reliable dollars is highest.

Plasma is building the infrastructure to absorb this demand.