Say “hi” to SoFiUSD (SoFiD) 👋
The first stablecoin issued by a U.S. national bank and redeemable 1:1 for cash or cash equivalents. Rolling out now, it’s built for how money moves today: fast, flexible, 24/7.
All this goes in cycles. Digital was rare, valuable, non-obvious, and difficult for a long time. Now we’ve won so hard that the physical complements are becoming more valuable. We have plenty of once-scarce jelly, and now it’s time to make peanut butter again.
But to answer the question directly: algorithms create value (try running the modern world without quicksort or pagerank). Think about billion-person networks, social media, cryptocurrency itself…in many ways we live in an Internet First world, particularly in the English-speaking world.
And digital progress will continue, as it should. But now it’s time to print out the Internet, to materialize all these cool things from the cloud upon the land, and also to rebuild genuine in-person communities in the process. Like new cities, built not around the car but the self-driving, electric car.
On May 22, 2010, Laszlo Hanyecz posted on Bitcointalk offering 10,000 $BTC for two large Papa John's pizzas.
Someone called in the order, paid ~$41, and Laszlo sent the BTC.
At today's price, those 10,000 BTC are worth ~$773 million.
That's $48 million per slice.
Spending it proved bitcoin had real-world utility. Without someone willing to accept it, it might have stayed niche forever.
🍕₿
The next space race may not be about who reaches the Moon first.
It may be about who owns the data.
As commercial lunar missions accelerate, space observation records are becoming high-value infrastructure that needs to be timestamped, verified, and preserved securely.
The future of space will run on trusted data layers.
https://t.co/aFziTdotuy
@mikashi Agreed.
Spent the weekend celebrating the birthday of my two boys. Hours spent on the beach and at a family dinner at Benihana's. No telegram, X, or slack in sight.
Best way to spend the weekend.
Web3 is maturing rapidly. This token management platform was precisely the tool that I could have used in prior endeavors to prevent some less-than-optimal outcomes.
If you are running an L1 or L2 treasury and want a demo - reach out.
Finally, an all-in-one platform built for trust, designed for action.
The redesigned BitGo platform is your live control center for one-click access to trading, earning, stablecoins, token management and more.
Clearer view. Faster moves.
One powerful platform.
See the new BitGo: https://t.co/qoQHVvlQ62
One of the most overlooked challenges in running a stablecoin program is keeping the peg honest.
BitGo's Stablecoin as a Service includes automatic reserve rebalancing and daily reconciliation, designed to support issuers in maintaining a 1:1 relationship between circulating tokens and underlying assets.
That kind of operational infrastructure is hard to build. BitGo has already built it.
Launch your own stablecoin: https://t.co/okJFpfIEDi
@TimDraper@BaijuBhatt Nothing more exciting than realizing that we are living in a sci-fi universe.
Rockets to the moon. ✅
Droids delivering medicine. ✅
Pocket communicators that can talk to orbit. ✅
Artemis II doing Florida to California via the moon being a "domestic flight"... 🔥✅🔥
No Sniper Sunday tonight due to Mothers Day BUTTTT
We decided to host a special Town Hall tomorrow night on spaces with lots of updates about the future of Quirks including a recap of the Founders meeting in Miami 🔥
https://t.co/YZw1G16pTh