Bitsplaining

Engineering manager @turnkeyhq. Attorney. Believer in disintermediation, decentralization, & scaling Ethereum. Opinions are my own. ex @ConsenSys, ex @OPLabsPBC

[Bitsplaining @bitsplaining]

@flaunchgg has so many interesting mechanisms!
- set a chunk of trading fees as dev rev
- you can also burn your token rather than dump it on holders. 💚
- the NFT "memestream" idea is so cool - you can sell the proceeds from your token to someone else! 🤯

And just IMAGINE when interop is live and you're hopping around liquidity pools across the Superchain! 🔴 🚀

[Turnkey 🔑 @turnkeyhq]

Introducing Sponsored Swaps - making stablecoins work like digital cash.

Users want a simple, seamless way to move between stablecoins.

Offer supported USD stablecoin swaps at a fixed 1:1 rate, sponsor swap fees for users, or combine both for a smoother, more predictable swap experience.

[Bitsplaining @bitsplaining]

@0xHaley_ see it for a few cycles and it becomes super easy to notice/name!

[Bitsplaining @bitsplaining]

Tbh happy to see the crypto doom and gloom on the timeline. It’s like a necessary cleansing every cycle before we can move forward into up only. 🤷‍♀️

[Dfw_camo @dontplay_z]

If there's an oil crisis and oil companies are making record profits, A healthcare crisis and healthcare companies are making record profits, a financial crisis and finance companies are making record profits.Then the companies are the crisis.

[bryce 💀 @sadbryce]

The Rain team moves fast.

Their Agent Vaults allow teams to easily spin up policy-gated balances for use in agentic commerce. Making it easy to build consumer agentic experiences is a complete game changer.

Turnkey 🤝 Rain

[Turnkey 🔑 @turnkeyhq]

.@raincards just launched Agent Vaults, unlocking embedded agentic payments for any product.

Turnkey’s agentic wallets power agents with policy-gated spending, enforced at the signing layer for granular control on machine speed execution.

Agentic wallets, secured by Turnkey.

[Conner Swann @YourBuddyConner]

We ran our internal agent platform for six months. Then we rewrote the runtime.

New post on what Valet v0 got right, why splitting one agent across five components made it fragile, and what shipping v1 to the whole company taught us.

https://t.co/ftTTljUaHR

[Bitsplaining @bitsplaining]

Truly. Trickle down economics doesn’t
work, so if billionaires won’t fund the society they live/work in, the can just leave 🤷‍♀️

[Furkan Gözükara @FurkanGozukara]

Tim Snyder on billionaires leaving the US if taxed: "If they're not paying taxes anyway, it doesn't matter, right? Let them go plague some other country... if they're not going to pay taxes here, let them not pay taxes somewhere else, because it is actually no loss."

[Bitsplaining @bitsplaining]

AI is great at giving me existing information, breaking down the landscape and what currently exists. I’ve found it capacity for creativity and coming up with net new ideas lacking in comparison. Skill issue? Model/harness issue? Or is creativity the realm humans will own?

[Bitsplaining @bitsplaining]

@chamath I love that you admit you’re wrong, but what are you willing to do about it? IMO broad social programs and taxes on the 1% are table stakes.

[Bitsplaining @bitsplaining]

@CupOJoseph That’s be so fun

[Bitsplaining @bitsplaining]

Prior authorization is truly an insane practice. Wastes a ton of resources, worsens health outcomes, stresses patients.

[Topher Spiro @TopherSpiro]

People might want to take note: Ossoff, Talarico, Annie Andrews, and Roy Cooper all explicitly ran on banning prior authorization.

[Bitsplaining @bitsplaining]

@DennisonBertram @tryfreepi Oh wow didn’t realize! 👀

[Bitsplaining @bitsplaining]

I was at ETH Lisbon a few years back and it was without question one of my favorite conferences! Fantastic choice!

[Devcon 9 | Lisbon @EFDevcon]

Devcon 9 is coming to Lisbon! 🇵🇹

October 11–13, 2027

Building on Mumbai, we're bringing Ethereum's builders together with more friends and allies working toward a freer, more open internet.

[Bitsplaining @bitsplaining]

If you see this and you don’t just buy a little BTC and ETH to hedge against the risk it happens in your country, what are you doing?

[Visegrád 24 @visegrad24]

🇵🇾 Chaos on the streets as Paraguay’s largest digital bank collapses

Nearly 3 million customers affected as the country faces a major political and financial crisis.

Paraguay’s Central Bank (BCP) seized Ueno Bank, the country's largest digital lender, after its solvency ratio collapsed to less than half the legal limit.

Central Bank President Carlos Carvallo resigned at the request of President Santiago Peña. Carvallo previously chaired the finance company that evolved into Ueno Bank, drawing heavy criticism over regulatory blind spots and conflicts of interest.

The Specialized Unit for Economic Crimes and Anti-Corruption ordered the detention of eight high-level executives and figures tied to the bank, including founder and majority shareholder Miguel Vázquez and Ueno Bank President Juan Manuel Gustale.

The intervention completely froze Ueno Bank’s digital app, credit cards, and transfer capabilities. This has locked out roughly 3 million users, an estimated 60% of Paraguay's adult population, leaving many with no immediate way to access their money.

The state health and pension fund (IPS) has an estimated $380 million in public retirement funds invested in Ueno Bank.

Angry citizens, savers, and pensioners flooded the streets of the capital and gathered outside closed branches, demanding their cash and chanting for political accountability.

[Bitsplaining @bitsplaining]

I can’t shake the excitement of the midterms. Feels like the grift era of crypto will come to an end, and I’m a true believer and can’t wait for the innovative and collaborative ways people will use blockchain tech. If you’re building something cool let me know, I wanna try it!

[Bitsplaining @bitsplaining]

For those of us who’ve been in the space for a while, onramps & offramps have traditionally been a big point of friction pushing people toward centralized exchanges. Love to see Turnkey at the forefront of improving this user experience! ❤️ 🔑

[Turnkey 🔑 @turnkeyhq]

Convert crypto to cash with Fiat Offramps!

Alongside our existing onramp integrations, teams can now let users seamlessly move between fiat and crypto within their own product.

[zeke @ZekeMostov]

tk cli mentioned!

git signing for agents

https://t.co/kPESu0Ufr3

[Bitsplaining @bitsplaining]

@bkiepuszewski Disintermediation is my favorite word!