Erik Chu

VC @MiraeAsset | Prev tech IB @Citi | Econ / Phil @PomonaCollege.
Professional human | vapid consumer | fan of metaphors.

[Erik Chu @erikchu555]

@shayne_coplan @travisv big time

[Aravind Srinivas @AravSrinivas]

What has Perplexity been up to last two months? We've silently been working on the next big thing: Perplexity Computer. Computer unifies every current capability of AI into a single system. Files, tools, memory, and models, orchestrated together, working for you.

[Cristiano Ronaldo @Cristiano]

Curiosity is a requirement for greatness. You win when you keep asking new questions every day. That’s why I am proud to announce my investment in Perplexity.

Perplexity is powering the world’s curiosity, and together we will inspire everyone to ask more ambitious questions.

https://t.co/xhCeLuW51J is just the beginning!

[UFC @ufc]

When they ask you what you’re up to this weekend but you’re low key just a chill guy pulling an all nighter to watch #UFCMacau

[Erik Chu @erikchu555]

@austin_hurwitz @doodles 🙋🏻‍♂️

[matthew sigel, recovering CFA @matthew_sigel]

Brian Armstrong Has Been Practicing his @base Pitch and It's Getting Really Good 🔥

Today at the GS Tech & Comms Conference -->

[Dan Morehead @dan_pantera]

A former and potentially future president of the United States will speak at Bitcoin 2024.

Let that sink in a minute.

That is just such a massive sea change.

Several parts of the U.S. government have been very antagonistic to blockchain – for way too long.

I’ve never understood why be negative. Who is the negative voter? I mean, apart from Senator Warren, who is voting against financial inclusion for everybody on earth with a smartphone? Never made any sense.

93 million Americans own crypto. And they vote. The former president’s comments on May 5th changed everything.

The market odds of the SEC approving the ethereum ETF went from 6% to effectively 100% in the space of only two weeks.

There's a profound line from the Watergate scandal. H.R. Haldeman warned White House Counsel, John Dean, to hold off because – as he observed:

"Once the toothpaste is out of the tube, it's going to be very tough to get it back in."

I feel like that about Blockchain. Satoshi got it out of the tube.

Some regulators have thrashed about, trying to stuff it back in the tube. They’ve finally given up. The toothpaste is out for good.

Once the SEC approved the ethereum ETF they’ve effectively admitted that ethereum is not a security. A U.S. District Court has ruled that XRP – in and of itself – is not a security. It’s over.

The Bitcoin 2024 conference in Nashville this week is a coming-out moment for our industry. Having evangelized for blockchain at some incredibly tiny events in the earliest days, I decided I wanted to be there – give bitcoin one more little push. I’m going to speak at the conference on Friday, the 26th.

I discuss my views on these developments in our newly-published blockchain letter: https://t.co/f6kaZoZc6B

[Erik Chu @erikchu555]

*Metamask balance of at least 50,000 cat tokens

[My Mixtapez @mymixtapez]

A new nightclub in New York City, requires men to show a bank account balance of at least $50,000 to enter.

📸:Craig Barritt // Getty Images

[Jacquelyn Melinek @jacqmelinek]

Some people complained about @Coinbase selling pizza with USDC instead of bitcoin on Bitcoin Pizza Day

I get the principle, but there's a bigger message here: buying pizza with USDC makes transaction costs for business a few cents vs the usual 3% card fee

That saves a lot of $ and it provides a clear value prop that newbies/businesses being onboarded to crypto can wrap their minds around.

That's what matters - making crypto easier to use, cheaper, user friendly and understandable.

[Erik Chu @erikchu555]

@chiefaioffice yes please

[Erik Chu @erikchu555]

@elonmusk @twobitidiot @VivekGRamaswamy We need decentralized, democratic governance of AI so that it reflects not just a few creators, but all of society and its users.

[E/Expo Line Ledger @expolineledger]

“The 218-mile trip between the planned Las Vegas station and downtown L.A. [including a @Metrolink transfer at Rancho Cucamonga] would take 2 hours and 40 minutes.” https://t.co/WweWae6oLc

[andrew chen @andrewchen]

👇 Thread

Before the metaverse, there were MMOs

Before NFTs, there were virtual items

Before freemium, there was shareware

And before AI companions, there were Japanese Dating Sims

Games originates some of the most important tech on the planet and here's why...

[@rob-sheridan.com on BSky @rob_sheridan]

Respect to Rhianna for performing in a Super Smash Bros stage

[Erik Chu @erikchu555]

@paik_michael Claremont4lyfe

[Erik Chu @erikchu555]

My heart is aching…but I still believe crypto will change the world for the better and it will be glorious.

[Erik Chu @erikchu555]

The original Metaverse. #TheMetaverse #Interoperable

[Erik Chu @erikchu555]

@paik_michael living room hot tub

[Mitchell Baldridge @baldridgecpa]

The only remaining stablecoin

[Erik Chu @erikchu555]

@bvnitacherrybum @paik_michael yo follow me cherin