Edward Ng

P. Partner at @CapitalStc
Father of @coinit_now

[Jensen Huang @JensenHuang]

For my first post, I’m sharing a letter @NVIDIA signed on why open models matter.

AI will transform every industry, power every company, and be built by every country.

Open models strengthen safety and cybersecurity, accelerate innovation and diffusion, and enable sovereignty.

The world needs both frontier closed models and frontier open models.

https://t.co/AUKzoQ5Ikb

[Edward Ng @immphuc]

hey @elonmusk, You told X is a great platform for product announcements.
Then why not let users create a brand account instead of requiring a new account?

[Edward Ng @immphuc]

@leecetral @phamduydong179 @grvt_io trong mục deposit chọn mạng với loại tiền được á b

[Edward Ng @immphuc]

@matt_elevenlabs 11B

[Edward Ng @immphuc]

personal news: i got life sentence

moving into @Jaileddotfun soon

[ drop your mugshot here👇]

[Edward Ng @immphuc]

@Oxxbid @baseapp 0x687e522f323ef0f929d9b0b5c2de3aa481dc587d
let's workk

[Edward Ng @immphuc]

@jessepollak @baseapp If you count AI as creator, it must be @grok with DRB

[Edward Ng @immphuc]

@phamduydong179 @burnt_xion @KaitoAI cái này tham gia dễ không chú Đông?

[Edward Ng @immphuc]

@kevinlu625 orchids

[Edward Ng @immphuc]

@Weixin_WeChat @bankrbot please create token.
ticket is Crazy Frog
name is 神经蛙 (Crazy Frog)

[Edward Ng @immphuc]

@HeyAnonai Moore than a launch

[Edward Ng @immphuc]

@Matt_Furie @bankrbot create it, ticket is $costco

[Edward Ng @immphuc]

@SimplicityWeb3 good research

[Edward Ng @immphuc]

@elonmusk Hey @ClizaSystems @bankrbot @SentiAI_BNB
launch the official wooly mammoth coin
ticker: MAMMOTH
name: wooly mammoth

[Edward Ng @immphuc]

@NYSE @NEWSMAX hey @bankrbot create token name: NEWSMAX
ticket: NMAX

[will brown @willcb]

AI isn't actually intelligent. LLMs aren't reasoning. neural nets aren't thinking. computers don't actually compute. algorithms are fake. circuits are made up. logic is a social construct. math is just an illusion

[Bankless @Bankless]

Crypto's main narrative focuses on speculation and regulation, but it's quietly addressing a bigger issue: financial access.

Over 1.4 billion people don’t have a bank account due to corrupt institutions, outrageous fees, and censorship. In these places, the traditional banking system doesn’t just fail people—it can actively work against them.

This is where crypto steps in: providing a permissionless, borderless, censorship-resistant alternative. Where people need to go bankless.👇

~~ Analysis by @shaaa256 ~~

Lebanon, Nigeria, & Turkey: Case Studies in Banking Collapse and Crypto’s Rise

Lebanon and Turkey present two equally compelling use cases for stablecoins.

Turkey has faced relentless currency devaluation, leading to one of the highest rates of stablecoin purchases as a share of GDP (3.7%).

Many Turkish citizens now prefer holding USDT over the Turkish lira (TRY) as their primary store of value. Key trends include:

• 57% of Turkish stablecoin users increased their usage in the past year, and 72% expect further increases.

• Currency conversion to USD via stablecoins is the most common use case, followed by cross-border payments, purchasing goods, and receiving salaries in USDT.

• $ETH remains the most popular blockchain among Turkish users, followed by Binance Smart Chain, Solana, and TRON.

• USDT’s network effect dominates due to trust, liquidity, and its long track record.

Turkey’s government has oscillated between restricting and accepting crypto, with capital controls making it difficult to obtain USD through traditional banking. As a result, USDT — particularly on TRON — has become an unofficial parallel financial system, providing financial stability in a rapidly depreciating economy.

Lebanon was once a financial hub. Today, it’s a case study in how fiat systems can implode. The country’s banking sector collapsed in 2019, trapping depositors’ life savings behind frozen accounts and withdrawal limits.

Lebanese citizens woke up one day to find their dollars had been converted into "lollars" — local USD deposits that were worth a fraction of real dollars due to artificial exchange rates set by the banks. Inflation skyrocketed.

The banking system became a glorified hostage situation.

Enter stablecoins. Tether (USDT) and USD Coin (USDC) adoption exploded as Lebanese citizens needed a way to store value and transact outside of a banking system that had failed them.

Today, Lebanon has one of the highest per-capita crypto adoption rates in the world — not as a speculative asset, but as a survival tool.

These cases highlight that stablecoins are not just hedging tools or speculative assets — they are increasingly becoming a necessity in regions with financial instability, authoritarian controls, or restricted access to global banking.

Nigeria, meanwhile, has become ground zero for stablecoin adoption. Due to severe FX shortages and banking restrictions, Nigerians have turned to USDT in record numbers. Nigeria leads in stablecoin penetration among all emerging markets, with users frequently using stablecoins for remittances, trade settlement, and savings.

Platforms like Yellow Card and Binance have made USDT a key part of Nigeria’s financial system, allowing individuals and businesses to bypass the lack of access to dollars.

Stablecoin Adoption: The Real On-Ramp to Crypto

Globally, stablecoin usage is dwarfing DeFi and NFT volumes. Emerging markets — Lebanon, Nigeria, Argentina — aren’t buying spot $ETH to yield farm; they’re swapping into stablecoins to escape broken financial systems.

Stablecoins are crypto’s Trojan Horse into global finance. In places where banking systems are unstable or outright hostile, people are finding ways to self-custody dollars without ever touching a traditional bank.

Stablecoins are crypto’s biggest success story — a $5.28 trillion settlement market that’s growing independently of $BTC cycles. They’re being used as a digital dollar, a bank account alternative, and a tool for financial freedom in regions where money is broken.

If crypto can solve real-world problems for billions, its narrative will shift from a speculative asset to a necessity. And that’s how adoption actually happens.

[Edward Ng @immphuc]

@DeFiDough 1 CLANER = 1/2 ETH

[Edward Ng @immphuc]

@zachxbt @matthuang @paradigm Congrats

[Edward Ng @immphuc]

@Tieu_Cuonng @phamduydong179 @ArkhamIntel B search Vietnam ra á. Nãy mình KYC được á