@FundamentEdge I agree with this, Brett. Good post. With AI tools in the state today (slop, as you refered) and with the point of the interview to see how you yourself thinks, much better chance they'd see through this than appreciate it.
@chapello@sytaylor Isn't the instant payout fee a decent profit center for the gig platforms themselves? The actual payment rails to payout domestic real-time are way less than what the platforms charge the gig workers. Would they also put a similar toll on the stablecoin payouts?
@regulatorynerd@jevgenijs Yeah, if you looks at most card data from 2017-2019, the March data is usually 20-40 bps lower than Dec. Best assumption on why is people revolving after holiday season spending and then repay with their tax refunds.
@linasbeliunas While I have a ton of respect for him too, didn't the company just sell for a lower valuation than it had in public markets on the date it was announced that he was an "investor"?
@ComebackCap@WaterworldCapi1@tangentstyle Yeah, just one country. And near impossible to replicate abroad. They have 13.5M MAUs of the 20M population already. Continued cross sell within the is the only way to grow, but that could be enough given where the stock trades.
@tangentstyle A chart for something that wasn't able to go too positive (becauee periodic payments wefe made to treasury to bring back to 0), but can go very negative. https://t.co/W3WdjJ3wmt