cipher maid

Running a digital assets-based HFT firm | Privacy is a right | Self-custody is freedom | Anon, but verifiably human.

[Elon Musk @elonmusk]

@thesheetztweetz They can shake their fist at the sky

[cipher maid @ciphermaid]

interesting financial engineering + a formidable team. good stuff @apoorvsadana

[ArcX @arcxtrade]

ArcX Private Beta is LIVE.

・Get 50x exposure to @extendedapp points.
・Earn 20% APY on USDC.

Here’s how it works 👇

[John Fadule @fadule_]

Life is amazing:

-coffee exists
-gyms exist
-hot girls outnumber even moderately put-together dudes 2000 to 1
-you and your wife can drink 4 bottles of wine then smash all night without a condom
-you and your friends can hit the gym then smoke a joint at a Coldplay concert
-every food item in the world has been hunted/gathered for you (grocery stores)
-you could be working 16 hour days in a coal mine in a third world country

There are people who live in wheelchairs. There are kids born with disabilities. No 4th of July weekends, no sleepovers with their best friends staying up until 2AM watching Interstellar.

And you’re not SMASHING the gym like a grateful SAVAGE!? Eating healthy 90% of the time, calling your friends for no reason, CRUSHING it in your career, asking for the promotion, asking out your crush making her your girlfriend then your wife!?

You are spinning on a sphere in an infinite universe and the fact you’re alive is a 1 in 500 trillion miracle - you’re so lucky it’s absurd and you have nothing to lose :)

[cipher maid @ciphermaid]

You can just do things. ❤️

[Will Ahmed @willahmed]

You have no experience.
You’ve never started a company.
You’ve never had a full time job.
Nike is going to kill you.
You’re a kid.
You don’t have technical skills.
You shouldn’t build hardware.
Apple is going to kill you.
You can’t build hardware.
You can’t measure heart rate non-invasively.
Athletes don’t care about recovery.
Under Armour is going to kill you.
It won’t be accurate.
You don’t listen.
You’re an ineffective leader.
You can’t recruit great talent.
You’re going to have to pay every athlete.
You can’t measure sleep non-invasively.
It’s too expensive to research.
Athletes are a small market.
The product costs too much to make.
The product costs too much to sell.
Your valuation is too high.
Consumers aren’t going to want it.
Hardware is too hard.
You should measure steps.
Fitbit is going to kill you.
You can’t build a marketing engine.
You can’t raise enough money.
You need a real CEO.
Google is going to kill you.
You can’t be a subscription.
You can’t build a brand.
You can’t do consumer in Boston.
Your valuation is too high.
You shouldn’t make accessories.
You shouldn’t make apparel.
Lululemon is going to kill you.
You can’t predict Covid.
Stay in your niche.
You are going to run out of money.
You can’t build a health platform.
Amazon is going to kill you.
You can’t measure blood pressure.
You can’t get medical approvals.
The market is too small.
You don’t understand AI.
The market is too competitive.
It won’t work internationally.
The supply chain is too complicated.
You can’t build an AI.
You can’t raise enough money.
It’s too competitive.
Healthcare isn’t going to want it.
…

Just keep going ✌️

[cipher maid @ciphermaid]

he’s back

[travis kalanick @travisk]

Atoms.

https://t.co/nbCnIkI3RD

[cipher maid @ciphermaid]

@ESPNcricinfo Rohit 2007 and 2024?

[cipher maid @ciphermaid]

@Shuri2060_defi rookie numbers

[Balaji @balajis]

FROM SILICON VALLEY TO STARTUP CITIES
The techxit is on, and not a moment too soon. Now that Elon, Larry Page, and Peter Thiel are all safely out of the failed state of California, anyone who's still there by choice is just in denial about the reality that San Francisco is the next Detroit.

Here are ten thoughts on why technologists should immediately exit California, and why we'll need to build something better.

(1) First, you can do tech anywhere in the world. That's because the Internet is global. And there are now 400+ cities with unicorns. So you don't need California to do tech:

This is good. Technology can and must decentralize out of the Bay Area, rather than be concentrated in one place. SF was a single point of failure.

(2) Second, from a moral standpoint, America was founded by those who left the chaos and violence of Europe. The entire country was predicated on the idea of exiting failing states. That's what it means to be a nation of emigrants. Did the Irish Americans betray Ireland by emigrating? Did the Puritans who left for Massachusetts betray England? Exit is the origin of America, and exit is the right response to the decline of California.

(3) Third, from a logistical standpoint, no silicon is being mined from the hills of Silicon Valley. And because it's almost impossible to build, there are very few factories there either. So there is just very little in the physical world that truly tethers tech to the Bay Area. Just cancel your office lease and get another somewhere else.

(4) Fourth, in terms of security, you need to recognize that anti-tech violence is ramping up. Remember: most of the violence in the 20th century was not on the basis of race, but on the basis of class. That's what communism was: mass murder of the capitalist class. Tens of millions died because of class hatred.

Critically: technology is a class, and the technologist is the capitalist of the 21st century. With all that entails, including extreme, irrational, murderous rage towards the technologist class by those who feel disrupted.

This is already obvious. When Democrats are torching self-driving cars with impunity in the streets of SF, the message is: today it's the car, tomorrow it's you in the car. So there is absolutely no reason to simply sit in California and wait for predictable anti-tech violence.

(5) Fifth, tech companies are already global. They are Internet First. Consider the Mag7: 70-90% of their users, >50% of their revenue, and >50% of their employees aren't American. This is even more obviously true for the hundreds of younger non-American unicorns. That's because the Internet is as American as America was British. Of course the Internet owes a debt to its worthy progenitor, but it's just far larger in population and economic heft at this point. The only thing the Internet really lacks is territory, but perhaps we can print out social networks into the physical world (and more on that later).

(6) Sixth, there is simply no way that the Internet business model can beat the Democrat business model within California. Because the way the Dem Scam works is to cause a problem like the "homeless" crisis (really, the drug and mental illness crisis) and make money from exacerbating the problem while pretending to solve the problem.

For example: drug dealer Democrats make $1B+ from "homelessness" in SF alone. By setting up injection sites and handing out syringes, they grow the population of drug addicts they're paid to manage. They're like McKinsey for MS-13:

With only 800k people in San Francisco, drug dealer Democrats make >$1000 per person per year. This shows that Democrat monetization per head in SF will always be much better than technologist monetization, because Democrats just tax the money while technologists have to work for it.

This is part of a broader point. The Dem Scam, the blue business model, is just far more lucrative than working for a living. It's not just the homeless industrial complex. It's the $100B California train to nowhere, which is legal graft that funds union workers, who do no work but do vote Democrat.

The Dem Scam is also just about every other state "program" and NGO. Maintaining the blue business model is simply win-or-die for California Democrats. Their entire lifestyle relies upon continued one-party control of the Californian state, and infinite inflation, taxation, and redistribution to support their many clients, from illegal aliens to unions.

Technologists simply do not have their entire life tied to gaining political power in California in the same way. They can lose an election without going out of business. And until this 2026 wealth seizure, politics just wasn't existential for tech like it is for Democrats, who need to control the state to hand out the $$$ to their many clients.

Now it is existential, but too late. The numbers just aren't there. Tech can't realistically fight and win in California because they just don't have the mass appeal. And that's because the Internet is increasingly seen as correlated with the decline of Blue America.

One way of seeing that is to look at this graph:

The Internet completely disrupted Blue America by taking away their media jobs. Though the Democrats certainly did counterattack, after 15 years of all-out digital war, you have to score this as a total victory for the Internet.

Think about it: the Internet took away the Democrats' power over media (via AI), over money (via crypto), and over speech (via social). This disrupted them economically and destroyed their sense of identity. Thus, the Paper Belt Blue American feels visceral hatred towards the Internet for the same reason the Rust Belt Red American feels simmering anger towards China.

It doesn't matter if the Internet products are many respects better than Blue American products, or if the Blue Americans are old money nepotists and the Internet guys are self-made technologists.

None of that matters, because the Blue American correlates the rise of the Internet with their personal decline. Sure, the Internet might be good for Tech Americans, and for billions of people around the world, but it's bad for blues, and that's bad when blues surround you.

(7) To be blunt: given that blues hate tech, it is a terrible strategic mistake to base AI in San Francisco.

That is: it's just a bad idea to make billions publicly in the bluest city in the bluest state in America, with your names and faces known, talking constantly about how you're going to disrupt all these blue jobs with AI — journalists, artists, doctors, lawyers, teachers, bureaucrats — while also training your models in part on their public work, while the US dollar collapses against gold and digital gold, and while tech is seen (IMO incorrectly) to be politically predominant in DC while all this is happening.

You can make excellent arguments as to why AI is globally productivity-increasing, and good for everyone in the long run, and of course I'd agree with you. You can also argue that everyone will adapt and retrain in the long run, like they did in the Industrial Revolution, and I'd agree with you on that too. Nevertheless, it is a best practice to keep the Luddite-disrupting factories out of striking range of violent Luddites.

(Of course, I do have sympathy for the disrupted, as disruption sucks when you're on the other side of it. And I think we should invest in retraining and the like for social stability. But in reality, it will be simply impossible to insulate everyone given the scale of today's technological and political disruption.)

(8) Anyway: you can readily move tech out of California, because tech doesn't actually make much money from California. Think about it: all these SF companies aren't making their money by selling concessions in Candlestick Park, or driving cars over the Golden Gate. They are monetizing credit card swipes in Bangalore and Budapest and Brazil. In other words, they're making money from the digital world, which is subsidizing SF. Literally trillions of wealth created on the Internet has been incinerated to prop up California Democrats.

(9) Now that business model is coming to an end. The intended consequence of the California wealth tax is to enable Democrats to rob or exile their main possible competitors for political power in California, namely the technologists, before someone gets bright ideas. It is pure class warfare, tribal warfare.

And in this political fight, technology must recognize it is by far the weaker tribe in California. Tech is after all composed largely of immigrants, many Chinese and Indian, many on visas, many who literally can't vote. Meanwhile, California Democrats are wokes like Gavin Newsom and Chesa Boudin, with generations of political connections. So technologists simply can't beat nepotists and Democrats in a fight for the state of California, because they don't need the state, but the Democrats do.

Again: it's win-or-die for Democrats, because they need to control California to ensure that Democrats can pay all the many clients of their one-party state.

(10) There's much more I can say, but perhaps the single most important point is that the Internet community did grow out of Silicon Valley, but now it's grown out of Silicon Valley.

The technologist class now understands the grave consequences of failing to build political legitimacy, of failing to gain sufficient democratic strength to have some say over the land under our feet.

And that's the next step. We've started new companies and new currencies. Now we need to found our own communities and cities and countries, our own startup societies and network states.

[cipher maid @ciphermaid]

@Crypto_McKenna impressive

[cipher maid @ciphermaid]

@MacroMate8 why no ZEC?

[cipher maid @ciphermaid]

the overton window just got thrown wide open, once more.

[Solana @solana]

Starknet has 8 daily active users, 10 daily transactions, and still somehow has a 1b MC and 15b FDV

LMFAOOOOOOOOOOOOOOO

Send it straight to 0

[fabiano.sol @FabianoSolana]

9 out of the 22 fastest companies to reach $100 million in revenue are built on Solana

let that sink in

[cipher maid @ciphermaid]

LFG!

Milady.

[DEGEN NEWS @DegenerateNews]

NEW: @VitalikButerin IS REPPING A MILADY PFP

[cipher maid @ciphermaid]

@_jhunsaker @LoganJastremski Nobody used Uber just to farm the incentives.

[cipher maid @ciphermaid]

@fiddybps1 hover and check the slippage? making fees zero reduces the overall execution cost, but cheap execution is not the accurate measure of liquidity, slippage is.

[cipher maid @ciphermaid]

@fiddybps1 *0.28 bps and so on.

[cipher maid @ciphermaid]

@thesamparr Hope you have read the book Americana. If not yet, you’ll love it.

[Mrigank Bhargava @mrigankbh]

Still stuck answering “khane mein kya banana hai?” every morning?

most apps just help you plan your diet.
cookmate actually gets it done.

It lives on WhatsApp and coordinates with your cook -
voice notes, recipes, alternatives, ordering groceries.

one less thing to think about every day.

link: https://t.co/ltBCG232ZF