Chris Corsi

I start things | Founder/CEO of CassianRX

[Chris Corsi @ofcoorsi]

The biggest obstacle between people and their happiness is the way they think

[Chris Corsi @ofcoorsi]

@mert There is a fixed amount of minted coins… if there is more than the original amount minted it was exploited. A basic analysis allows us to determine this. If there are more then yes there is work to do to figure out who and where the newly minted coins went.

[David Sacks @DavidSacks]

Q: How are job postings for software engineers rising rapidly despite AI agents automating coding?

A: Because there’s far more code to manage than ever before. We’re already seeing a 14x YoY increase in GitHub commits, and it’s accelerating.

AI has dramatically lowered the cost of writing code, so it’s now being used across far more businesses, applications, and use cases.

We’re at the beginning of a massive productivity boom driven by the proliferation of bespoke software throughout the entire economy.

Coding has been AI’s breakout use case this year. The fact that it’s increased demand for software engineers — rather than decreased it — should call into question the entire “AI will cause mass job loss” narrative.

[Chris Corsi @ofcoorsi]

Who are the best functional or specialist docs that run unique & differentiated programs? I’ll help them bring it to scale on the Cassian ONE Journey platform with no upfront costs. It’s time we fix healthcare. If you’re a doc my DMs are open @mcuban @Jason @elonmusk #healthtech

[Anthony Pompliano 🌪 @APompliano]

I have changed my mind on how AI will impact jobs in America.

Previously, I believed AI would replace many entry level roles typically filled by young employees. The technology would then work its way up the organization and eventually reduce the total number of jobs in a company.

The data is saying something different, so when I get new information I am willing to change my mind.

The number of software engineers being hired has been increasing. The number of open software engineer roles is growing.

The number of new college grads who get hired has increased 5.6% over the last 12 months. The unemployment level for people aged 20-24 years old who have a college degree has fallen from nearly 9% to almost 5% as well.

The Wall Street Journal recently wrote “AI created 640,000 jobs between 2023 and 2025 in the U.S., according to an analysis by LinkedIn of job posting data, including new white-collar positions such as Head of AI and AI engineer.”

And I am starting to see companies throughout our portfolio aggressively hiring to keep up with the demand for their products and services.

If AI can make employees more productive, which is widely accepted as fact, then companies are going to want as many productive units of labor as possible. This is a key reason why I am changing my mind.

AI appears to be a magical technology that will make companies more productive and more profitable. The net result will be more corporations, more startups, and more jobs.

All three are big, positive wins for the American economy.

[Chris Corsi @ofcoorsi]

@Jason I’m in

[Chris Corsi @ofcoorsi]

@JonahLupton Any thoughts on $IREN based on this update?

[Serenity @aleabitoreddit]

$IREN filed to dilute $6,000,000,000 at a $11.7B MC.

That is not noise.

This is Iren's way to monetize their 4.5GW capacity by selling all those new shares onto the open market.

If you want some history on how this turns out:

Look at $BKKT that crashed 99% with Mike and $IREN board of directors history with excessive ATMs. Or his recent company $ASST.

It’s accretive to the company and executives: Because it wipes out all retail shareholders and they can always issue SBC.

So they don’t actually care what stock price it needs to be at to sell.

After they’re finished, they have $6B in new cash to use for scaling without paying interest.

But the reason why convertible notes with interest, and $NVDA funding balance sheets is much better for retail capital:

Is because it doesn’t wipe out retail equity to achieve this. Because at this point $IREN looks like the $AMC of datacenters with a dwindling moat, and looming $6B in shares sold into the open market.

Reason I post about $IREN is because

- people dismiss a $6B ATM as “Noise”
- it’s one of the most popular retail “buy the dip” companies that they’re buying into a $6B dilution machine
- people still don’t understand the risk at all.
- the amount they have now is not enough to finance GPUs/GW capacity monetization.
- they likely will have to use the ATM, it’s not “optionality”

Again: I have zero positions in the company.

I’m just warning retail investors that this ATM structurally wipes out your equity appreciation by how structural mechanics of $6B+ ATMs work.

Because $IREN likely needs to sell new shares at any price to monetize their GW, otherwise there would be zero need to file it.

Executives actually don't need to care because they can make up for stock price dropping by issuing SBC like $SNAP.

If you have to wonder if your equity gets wiped out from an excessive ATM:

There are better longs out there than $IREN.

[Josh Kale @JoshKale]

This is red alert for crypto 🚨
$2.4 trillion in coins are protected by encryption with an expiration date.

Google just moved that date way up.

Their new paper shows future quantum computers could crack the encryption protecting all of crypto with 20x fewer qubits than anyone previously estimated.

~500,000 physical qubits. A few minutes of runtime.

They built a zero-knowledge proof to verify the breakthrough without revealing how to replicate it.

Before publishing, they briefed the U.S. government. They’re now working alongside Coinbase, the Ethereum Foundation, and Stanford to push the entire ecosystem toward upgrading.

This is Google walking up to crypto and saying:
“We can see how this ends. Here is mathematical proof. You can verify we’re telling the truth. You just can’t see how we’d do it. Start upgrading.”

Google’s Willow chip currently has 105 qubits. They need 500,000. That gap is the countdown.

One week ago Google set a 2029 deadline to migrate all of its own systems to quantum resistant cryptography.

Today we know why…

[Chris Corsi @ofcoorsi]

@aleabitoreddit @mikealfred what do you have to say? It’s a legitimate concern most nominal retail investors overlook.

[Chris Corsi @ofcoorsi]

@Jason Zcash imo better $ZEC.

Private money is more important at this juncture.

[GREG ISENBERG @gregisenberg]

the old flex used to be “we’re hiring like crazy”

the new flex is “we hit $10M+ ARR with 3 people”

[Marc Andreessen 🇺🇸 @pmarca]

My information consumption is now 1/4 X, 1/4 podcast interviews of the smartest practitioners, 1/4 talking to the leading AI models, and 1/4 reading old books. The opportunity cost of anything else is far too high, and rising daily.

[Chris Corsi @ofcoorsi]

@steipete why doesn’t voice-call support TTS streaming realtime? It’s buffering and it kills the latency. Thoughts on fixing? Will make it much more usable.

[Chris Corsi @ofcoorsi]

@VadimStrizheus How do you share context between threads?

[Chris Corsi @ofcoorsi]

@johann_sath How do you connect multiple agents??

[Chris Corsi @ofcoorsi]

@saks do we not open stores anymore? 12:22 and the store in bala Cynwyd is still not open… how do you open stores 20+ minutes late… no wonder you’re going bankrupt.

[Elon Musk @elonmusk]

Medicaid data has been open sourced, so the level of fraud is easy to identify.

@DOGE is not a department, it’s a state of mind.

[Chris Corsi @ofcoorsi]

@fawiatrowski Why not teams?

[Chris Corsi @ofcoorsi]

@Anonymist How?

[Maxime Desalle @maxdesalle]

What people are missing about the Zcash situation:

1. Zero engineers left the project. Same team, different legal entity.

2. Labs entities can self-fund through shipping. No dev tax required.

3. The "governance drama" was actually governance working. Builders rejected misalignment.

4. ZEC is still up 700%+ YoY. A 15% dip is noise.

The FUD is fake. Ignore the noise.

[Chamath Palihapitiya @chamath]

@elonmusk Thank you for buying twitter. We would have been totally fucked had you not.