Pintér Tamás

[Pintér Tamás @p1nt3r]

"I like to think that if I lost all my money and if you drop me on a random street in any English-speaking country, within five to ten years I’d be wealthy again because it’s just a skill set that I’ve developed and I think anyone can develop."

[Naval @naval]

4 Kinds of Luck https://t.co/BY9cdyQPHG

[HeadQuant @head_quant]

gm crypto twitter

are you on the hunt for the next 100X gem?
do you try to time the market with your trades?

let's be real, how many times did you manage to get it right?

what if I told you there is a way to leverage AI in the crypto space to make it all easier?

as a crypto enthusiastic machine learning engineer and long term trader I have something to give to the world

details in 🧵

[Andrew Wilkinson @awilkinson]

Elon Musk fired 6,500 employees at Twitter.

A little birdie told me it's down to:

- 2 designers
- 6 iOS developers
- 20 web developers
- Around 1,400 sales and operations people

How is it possible that we are still using this website?

Two words:

Parkinson's Law.

Have you ever wondered why seemingly simple tech companies have tens of thousands of employees?

Sometimes, it's because they have huge sales forces or tech support/operations people.

But often it's also due to Parkinson's Law.

Parkinson's law is like lighter fluid for bureaucracy.

It's a business tapeworm that slowly eats away at companies, making them less and less efficient and innovative over time.

Parkinson's Law is the idea that the work will generally expand to the amount of time, budget, and number of people allocated to it, and no matter how many people you allocate to it, those people will feel busy.

They'll feel busy because, due to the excess time/slack in the system, they'll start focusing on less and less important tasks.

Here's how it manifests on an individual level:

Let's say you have a report due in a week.

The report might only take you around five hours to finish if you really focus and work efficiently. However, because you know you have a week to complete it, you might find yourself spending a lot more time on it than you need to.

You'll be more prone to distractions, take longer breaks, or perhaps decide to add more details, tables, graphs, and so forth.

Essentially, the task becomes more complex and time-consuming purely because you have more time in which to do it.

And here's how it manifests across organizations:

Imagine a big tech company. A social media company with various departments. Each department has tasks that it must complete to contribute to the overall productivity of the company.

Now, suppose each department is given a budget and a set amount of time to complete its tasks for the year.

According to Parkinson's Law, each department will use its entire budget and the entire allotted time, even if the tasks could have been completed more efficiently.

This is because as resources and time increase, departments tend to become more complex and less efficient.

For example, a department might add more steps to its procedures, requiring more approvals and creating more paperwork, which slows down the process.

Or it might use the full budget on additional personnel or equipment that doesn't necessarily improve productivity.

The department might also use the full budget to justify the same or larger budget for the next year, since budgets in many organizations are often determined based on the previous year's spending.

This is a phenomenon known as "budget padding" or "spend it or lose it" mentality.

Inefficiencies can also develop in staff allocation. If a department expands, it might add managerial positions that aren't strictly necessary.

More employees are hired to manage, creating layers of bureaucracy that may not contribute to productivity and can even slow decision-making.

I have seen this occur over and over again in my career. The larger the team, the larger the budget, the longer the timeline, the less gets accomplished.

I'm very curious to see how many more tech companies come to this realization.

So often, good times + revenue growth = Parkinson's Law.

[Crypto Gideon(🧠,🧠) @CryptoGideon_]

BREAKING🚨

ChatGpt recently added @DefiLlama to their plugins.

It's so powerful that it will blow your mind.🤯

You can get summaries of:

•TVL
•Volume
•Fees/revenue
•Stablecoin inflows

in seconds.⏳

Can it detect potential gems?💎

Few prompt examples🧵

[OpenAI @OpenAI]

We are adding support for plugins to ChatGPT — extensions which integrate it with third-party services or allow it to access up-to-date information. We’re starting small to study real-world use, impact, and safety and alignment challenges: https://t.co/A9epaBBBzx

[Varun Shenoy @varunshenoy_]

Zero knowledge proofs (ZKPs) will revolutionize how we think about privacy and scaling computation.

And they're just starting to take off.

Don't want to get left behind?

Here's a quick primer, just for you👇

[CZ 🔶 BNB @cz_binance]

They are silently in crypto already...

[OSINTtechnical @Osinttechnical]

Moment the Kharkiv city council building was struck

[6529 @punk6529]

1/ What is an NFT?

Wait, what? Isn't this easy?

I am not so sure.

Let's take a look!

[Konrad Rieck 🌈 @mlsec]

Did you know that a normal LED can also receive light? 🚨

It can! In this paper, we point a laser at build-in LEDs of offices devices and transmit data to their firmware. This covert communication can bridge 25m with a throughput of 128 kbps.

https://t.co/xrUVEEjzuR 1/3

[Whale Alert @whale_alert]

💤💤💤💤💤💤💤 A dormant address containing 1,299 #BTC (77,620,338 USD) has just been activated after 8.1 years (worth 199,962 USD in 2013)!

https://t.co/IO2GwlaSpe

[Sputnik V @sputnikvaccine]

This video fits the last almost 2 years into 2 minutes. At #SputnikV we strongly believe that it is only through Vaccination that the global pandemic chain reaction can be stopped. V is for Victory. We can win this fight together!✌️

[Dan Reecer @danreecer_]

The 7-day @Polkadot auction starts today 💪 but the first two days don’t count, they’re a warm-up period. Days 3-7 starts around 5pm UTC Saturday: from this moment on, the winner could be selected at any moment, but we won’t know the random selection time until the end of day 7.

[Jason Choi @mrjasonchoi]

“Slow success builds character, fast success builds ego” explains most of the people you’ll meet in crypto

[Jon Rettinger @Jon4Lakers]

This is beyond wild. 🤯 @Tesla @elonmusk

[Paul Graham @paulg]

Math and science education is particularly important for social mobility, because proficiency in these subjects is much harder to fake. A semi-smart rich kid can learn how to sound like he knows a lot about literature, but this is impossible with math.

[banteg @banteg]

$ brownie console --network ftm-main
user = a.load('user')
rarity = Contract('0xce761D788DF608BD21bdd59d6f4B54b2e27F25Bb', owner=user)
tx = rarity.summon(n) # 1-11
nft_id = https://t.co/4XQITFM0kZ['summoned']['summoner']
rarity.adventure(nft_id)

[karbon 🐺🦊 @karbonbased]

When people ask me who I shill shitcoins to

[Cobie @cobie]

I have found my hero

[Hayden Adams 🦄 @haydenzadams]

Imagine if all the dollars in your bank account were used for forex market making and earned you a real return (while remaining fully in your control rather than Chase paying you like ~0.002%