Austin 🐬

AI x DeFi Stealth Founder (coming soon). Ex-Product @ Kraken, Goldman Sachs/Apple, Cornell ECE

crypto builder since ‘17

[Austin 🐬 @laustdefi]

Markets are based on mutual agreement, not truth

And the mutuals are retarded

[Austin 🐬 @laustdefi]

@ScottWu46 Even before AI engineering tools, it didn’t make sense to measure engineering output (or any productive work) based on quantity of hours worked.

Shouldn’t we return to first principles - i.e. cost vs revenue? Regardless of whether cost = salaries or tokens

[Austin 🐬 @laustdefi]

@veckdatadriven @zach_dev1 @dakdevs 👁️👁️

[Austin 🐬 @laustdefi]

@rektdiomedes @TheDeFinvestor Vampires live forever

[Austin 🐬 @laustdefi]

@crypto_condom Trust digital biology bets from the crypto condom

[Arjun Sethi @arjunsethi]

For a long time, people assumed bitcoin staking wasn’t possible.

Not because it was a bad idea, but because the infrastructure didn’t exist.

Bitcoin wasn’t built to support staking. There’s no native delegation, no smart contracts, no slashing conditions. So the best you could do with your bitcoin was hold it, hope it appreciates, or trust it to a third party who might lend it out in ways you cannot see.

The problem is that Bitcoin is the most secure monetary network on earth, but also one of the least productive. More than a trillion dollars of BTC are sitting idle.

Until recently, there was no credible way to make it do anything else.

That is changing.

With the emergence of new protocols, especially Babylon and other Bitcoin-aligned staking layers, there is now a path to earn native yield on Bitcoin without giving up control.

You do not have to wrap it, bridge it, or trust a centralized intermediary.

You stake it. And it works.

This is not just good for the individual. It is good for the ecosystem.

Bitcoin staking makes the network more useful and more secure.

It provides an incentive for people to contribute to bitcoin-based security systems.

It accelerates the growth of new Bitcoin layers, rollups, and applications.

It allows restaking and shared security models to expand without relying on other chains.

And it does all of this while preserving the core principles that made Bitcoin valuable in the first place.

At Kraken, we have always believed that the future of crypto is multi-chain, but anchored in Bitcoin.
Staking brings a new dimension to that thesis.

We are excited to support it.

[Hsaka @HsakaTrades]

Jesse noooooo, don't do it.

Cryptowatch Desktop simply one of the best/most lightweight crypto products out there.

Turn it into a paid service if you must @jespow @krakenfx

[George Mack @george__mack]

9. The Rise Of Slowmads

Being a hardcore digital nomad that moves every 2 weeks makes for an amazing Instagram page -- but a terrible life.

Too much time packing suitcases and traveling

Digital slowmads, moving between 2-3 locations per year, will become more popular.

[Coinbase 🛡️ @coinbase]

The numbers don't lie.

[Coinbase 🛡️ @coinbase]

Crypto has come a long way.
In America, it still has far to go.
We're ready. 🛡️

[Shubham @sksq96]

@unite_crypto @packyM Let the AI console you.

[Stripe @stripe]

Introducing a customizable and embeddable fiat-to-crypto onramp: https://t.co/YNUdv6R9PE.

[Pascio @IAmPascio]

Kids are making $20,000/month with no-code.

Meanwhile, their parents still make less than $5,000/month.

Here's 24 no-code tools start printing money online:

[Bill Ackman @BillAckman]

In a recent thread on crypto, I argued that crypto and tokens enabled the formation of businesses that heretofore could not be created. Some responded that cash could be used in place of tokens, and therefore the ‘innovation’ of crypto was not meaningful. I beg to differ.

[Dan Go @CoachDanGo]

Cheat codes I know at 42 I wish I knew at 22:

[Dave Portnoy @stoolpresidente]

Emergency Press Conference - FUCK @SBF_FTX

[CZ 🔶 BNB @cz_binance]

This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire https://t.co/BGtFlCmLXB and help cover the liquidity crunch. We will be conducting a full DD in the coming days.

[Chipotle @ChipotleTweets]

99.95% off a steak bowl anyone?

Here's why 🧵

[vitalik.eth @VitalikButerin]

And we finalized!

Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.

[Hasu⚡️🤖 @hasufl]

after some reflection, here's my take on a eth pow fork

1. many, incl me, have predicted for years that miners would fork ethereum to extract the final juice out of their investment. it doesn't take nostradamus to see this.