@umarsaif Its a race against time
Hope you’d get all those things sorted which are stopping Pakistan from progressing in IT sector
We’d rather need to become innovative and start creating products as opposed to just supplying digital mazdoors by these so called big IT companies in Pak
Coolest thing I saw on chain this week was a lender giving a stranger a $35,000 loan at 12% APR using a Patek Phillipe as collateral
Borrower sent the watch to an escrow company who then sent back an NFT that represents ownership of the watch
Borrower then listed the NFT on Arcade, accepted the best loan offer on it, and then the NFT was transferred to an escrow wallet until the term is up or the borrower repays
The only way to get the watch back is by burning the NFT so if the borrower defaults the lender can claim the watch
Lender doesn't even have to know the borrowers name, they just have to know that they are the rightful owner of the watch - which is what the NFT does
Sure, you can just go get a loan at your local pawnshop, but tapping into global liquidity versus local liquidity will always eventually land you at the best rate (This market is young so we aren't there yet)
Just the tip of the iceberg for whats to come for proving ownership of Real World Assets using NFTs
@Mazharfarooqui And its not worth it especially when everyone can get the birds check merely by paying money
And now meta has also choosen the same path
Apparently, #Twitter was about openly crying before an audience of strangers, while #Threads is about doing the same before folks who are under the impression that you’re having the time of your life.
Why would we even need #Threads@elonmusk
Feel like getting in love with twitter after seeing #ThreadsApp from uncle Zuckerberg
Why are founders of both the apps not on each others platforms 🤔 @elonmusk
@umarsaif And when will we see those new comers who have idea, product and a great market to export to but have been trying to get land and approvals in @FIEDMC_PK for 1.5 years now and the management is such that they don’t know how to handle job at hand, such an incompetent institution
"Getting cheated occasionally is the small price for trusting the best of everyone, because when you trust the best in others, they generally treat you best." - @kevin2kelly
Love this.
الله أكبر الله أكبر الله أكبر
لا إله إلا الله الله أكبر الله أكبر ولله الحمد
الله أكبر كبيرا والحمد لله كثيرا
وسبحان الله بكرة وأصيلا
وصلى الله على سيدنا محمد وعلى آله وصحبه وسلم تسليما كثيرا
the art of a good con artist is that they'll promise you something new the second you come asking them for the last thing
they'll just keep adding more and more layers of complexity to distract you from what's really going on