chris muscarella
@cm
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Intersection of Emerging Market payments, stablecoins, and credit. CEO Double Sharp; Partner @timoncap; Iron Man @thefieldcompany
astral projection
Joined December 2006
"...in the last part, to make a good design, to find a fit, you need to perceive the context you are designing for clearly. If you are confused about your feelings, or in denial about how the world works, or unable to read others, it will be harder to self-actualize"
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Fantastic essay by @AbigailShrier Maintaining constant optionality — with relationships, jobs, cities — is its own choice, and it isn’t a satisfying one.
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For more, @just_norm is traveling around the world doing great documentary work on how people are actually using stablecoins:
youtube.com
Stories of progress from places overlooked and misunderstood. Formerly @TheFlipAfrica.
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Sometimes the world has more nuance than simple narratives (sometimes it doesn’t). Justin’s observations here on dollarization and digital currencies are fantastic.
When I was in Bolivia at this exact same duty-free shop, I asked how to pay with USDT, and I was told I could only pay in cash or Zelle. I was wondering why they listed the prices in USDT if they didn't accept stablecoins. I figured it was that they couldn't figure out merchant
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Joking—slightly. The other big thing missing from most EMs is agreed upon data sources for market clearing prices on the bid/ask.
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In emerging markets, almost all FX deals are done via WhatsApp messages... (ie, 7-8 figure trades). Some talk about this derisively... But in the $10T 'formal' FX markets... it's all Bloomberg messaging. Same thing just a $30k price tag and a fancy keyboard.
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And doesn't that strip out huge amounts of legitimate payment activity?
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What was the methodology on the haircut? Was it the same as Visa / Allium where > $1000 / day in volume is excluded or $10M / month wallets?
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I lived in China at “the turn of the century” and something that struck me deeply was the way the Cultural Revolution stripped families and the culture at large of the physical resonance objects / touchstones that turn out to deeply inform identity…
if you asked me to explain why everyone has gone crazy, i think the loss of collective history is a big piece of it. you exist in an eternal chain of history that is worth studying, preserving, and deeply loving. modernity isn't different, you don't exist outside of time
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Adults- you have a moral responsibility to create holiday magic for the next generations. You are not too cool to dress up, or decorate or be silly. The wonder of childhood rests on your shoulders.
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Wild. And— why physical / mental training approaches that take a more holistic view of subsystem "capacity" and training them is likely the way
Final version is out: aging as the result of loss of goal-directedness https://t.co/gqgBvEKx2U
@BeneHartl @LPiolopez "Although substantial advancements are made in manipulating lifespan in model organisms, the fundamental mechanisms driving aging remain elusive. No
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Link to show: https://t.co/7m9W8FNeIi And—you could organize an amazing cross-disciplinary symposium off that one statement
tim.blog
Interview with John Arnold, hosted by Peter Attia
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The entire @PeterAttiaMD interview with @JohnArnoldFndtn talking about his background / lens on risk / solving big systemic problems is great. A statement that really struck a chord: "Strong and robust systems of any kind have the attributes of biological evolution"
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This life has smiled at me— the only real jealousy I ever feel is seeing large extended families with young children and younger-ish grandparents. I wish someone had sat me down in my 20s and tried to explain this.
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I watched my mother, as one of four siblings, carry the weight of her parents' passing—and it was heavy even when distributed. And I am so thankful I have a brother as the load bearing comes to us
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My step-father is an important figure in my life and my children's— and he's 84 years old. They are under the age of 6. We see him regularly. And I tear up at every good bye because it might be the last (and he's in good health)
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My children will never have that kind of memory of their grandparents...
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I have memories of skiing with my grandfather as a teenager... he flipped his hat around and he could 'shred'—because he was 65 years old...
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People talk a lot about people not having enough babies / having only one. They don't talk enough about the types of heartbreak that happen when you have children a little later (35+)...
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