Jebu Ittiachen

Chain agnostic | Co-founder @itsobvioustech | Bit enthusiast, marshalling them on ether! #buidl

[E D Mathew @edmathew]

The most successful movements in democratic history didn’t just shout; they organised, they drafted, they lobbied, they agitated. Use the anger, keep the solidarity, but enter the arena. @ShashiTharoor advises CJP on how to move forward. @abhijeet_dipke

[Jebu Ittiachen @jebui]

@Mudit__Gupta This time it’s a one way channel

https://t.co/VzkbfnKCL1

[Jebu Ittiachen @jebui]

Whats the point if you disable send from the account? This is all COIN not BASE

https://t.co/VzkbfnKCL1

[Base India @BasedIndia]

Getting onchain just got a whole lot easier.

@coinbase is now live in India with INR rails.

Come get onchain 🇮🇳

[Jebu Ittiachen @jebui]

USD INR is not something which needs defending, it should be priced by the market

https://t.co/W1FuER2hXs

[Mario Nawfal @MarioNawfal]

🚨🇺🇸 MINNESOTA CONFIRMS NONE OF THE DAYCARES IN VIRAL FRAUD VIDEO HAD PAYMENTS PAUSED, STATE DOING SITE VISITS TODAY

It took a YouTuber to get the state to do its job.

Minnesota Department of Children, Youth and Families Commissioner Tikki Brown confirmed that none of the 10 child care centers Nick Shirley visited in his viral video have had their payments paused.

She added that state workers are doing site visits to the remaining centers... today.

After the video went viral.

After national outrage.

The now-infamous "Quality Learing Center" that couldn't spell its own name and received $4 million?

Closed just over a week ago.

Mako Childcare, the first one in Shirley's video?

Closed several years ago.

So let's get this straight:

Centers that closed years ago were apparently still in the system.

The misspelled daycare with no children only closed after it became a national embarrassment.

None of the 10 have had payments paused.

The state is only now showing up to check.

A YouTuber with a camera did more oversight in one afternoon than Minnesota did with billions in taxpayer funds over years.

They weren't even doing site visits before.

They're doing them now because America is watching.

Source: Minnesota DCYF

[Jebu Ittiachen @jebui]

@useTria @parthbl could i get an invite code to Tria please?

[Jebu Ittiachen @jebui]

@nael_idrx @baseapp @jessepollak would love to have one

[Bankless @Bankless]

LIVE NOW -- Why Are We Here? Exploring the Core of Crypto-Anarchism | Arjun Bhuptani

@arjunbhuptani gives one of the best non-technical talks at the Bankless Summit. Everyone in crypto needs to hear it.

Arjun explains the first principle concept of Crypto-Anarchism & outlined a compelling argument for its role in addressing today’s societal challenges.

[Base @base]

Imagine losing 8% just for converting from one fiat currency to another

[Jebu Ittiachen @jebui]

Couldn't agree more

[Joaquim @joenrv]

You think passkey is the end game for crypto UX? Well I have some bad news for you.

I love passkeys, but they have MASSIVE flaws that NOBODY talks about.

People are hyping passkeys as the savior for crypto apps, combining sovereignty + UX. But it's actually not sovereign at all, and I would argue it's the wrong direction for crypto altogether. Here's why.

#1 - the domain problem

Passkeys are scoped to a domain. You can have a passkey for foo dot com, and one for bar dot com, but you can't have the same passkey for both.

If passkey=wallet, then this forces you to have a different wallet for every website. Passkeys are not meant to be global.

To work around this, what some wallets do is open a pop up window, which is always on the same domain, and prompt the passkey from there. Kinda works but... That makes that domain a central point of failure, and the only way to access your wallet. Domains can go down / be banned at any time. A DNS takeover could compromise every wallet. The site owner could decide to shut down your access at any time. Not sovereign at all.

#2 - the new device problem

Passkeys are supposed to be "synced" cross devices, but in practice, it only syncs if you're using iCloud on 2 Apple devices or Chrome/android with the same Google account. If you own a Mac and an Android (like me) or a Windows PC and an iPhone, you're screwed.

Even on Mac, I get a different passkey if I use chrome vs safari vs arc (where I have the 1password extension) on the SAME WEBSITE.

Just read what ppl say about it online, like this article from DHH: https://t.co/7QU00dgNMf

The whole thing is a mess, my mom will never get this right.

Not to mention that we're basically giving all our keys to Google/Apple because of that sync feature, and there is no way to eject from that or even turn it off! Passkeys are just giving tech giants more power, opposite of the promise of crypto.

... So what can we do?

Instead of falling into the hype trap, let's look at the tech and understand what needs to change to truly use our devices as universal signers. It's actually very close, hardware is there, all that's needed is a change in the specification and for everyone to agree on it.

We keep throwing new EIPs out there, how about we get together as a community and push for an extension of the webauthn standard instead?

How about we create a passkey sync manager that lives onchain instead of in those tech giant servers?

I'm worried that if we keep going this way, we'll end up exactly where we started. We can do better.

[Jebu Ittiachen @jebui]

Finally a crypto card that works the way a crypto card should.

https://t.co/Lw3akWhUUB

[Minal Thukral @minal_thukral]

Shoutout to @jessepollak, @sfrankel9, @Saxenasaheb, @JohnOLoghlen from @base for joining us at the @CoinDCX Bangalore Office recently! 🙌

Our discussions touched upcoming trends in web3, and the potential of India's dev ecosystem.

Jesse and the team share our excitement for India's role in the future of Web3—both as a hub of top builders and a growing adoption market. 🌏⚡

[Gabbar @GabbbarSingh]

Read this searing article by Bibek Debroy, he is no more. The most hard-hitting stuff you would read this month. Re-prioritise your life please. Must read.

Full article link: https://t.co/RQKac1ZfhF

[vitalik.eth @VitalikButerin]

@betolip @NeoCallss @Hexologist31 the ticker is ETH

[Andy @andyyy]

5 free transactions per day on Base, sponsored by @safe paymaster.

Together, we just might…

Make Apps Great Again✍️

[Russell Brand @rustyrockets]

The world is never going to be the same after November 5th.

[koeppelmann @koeppelmann]

Are stablecoins crypto?

[matthew sigel, recovering CFA @matthew_sigel]

🚨Minneapolis Fed Joins ECB With #Bitcoin Attack 🚨

New Paper Claims Governments Can Run Permanent Deficits if Consumers Don't Notice & Adopt New Money Like BTC.

Fantasizes About "Legal Prohibition" & Extra Taxes on BTC to Ensure Govt Debt Remains "Only Risk Free Security"

[Jebu Ittiachen @jebui]

US-to-Mexico corridor comprises the world’s largest remittance flows, topping $63 billion in 2023 accounting for up to 4% of Mexican GDP. Stablecoins are typically much more cost-effective than traditional remittances, which cost an average of 6.35% of the face value.

[Jeremy Allaire - jerallaire.arc @jerallaire]

CIRCLE NEWS: Today, we announced the availability of banking and USDC minting/redemption native in Brazil and Mexico, with 24/7 rails (PIX & SPEI) and using local currencies. This is part of our continued global banking infra expansion for USDC.

https://t.co/T87KRD6zEd

[Jake Chervinsky @jchervinsky]

The SEC has fully lost the plot.

The idea that a financial markets regulator established in the 1930s would have jurisdiction over digital art in the 2020s defies not only common sense but also the SEC's statutory authority.

Thanks to @opensea for fighting the good fight 🫡