Ashish Anand
@CryptFyn
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The RWA Builder @complerechain and @bru_finance
India
Joined July 2015
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@IndianTechGuide
This guy did something similar —
175 (138 balls) after 17/5 and then went on to win the World Cup.
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1K
@theliverdr
@TheEconomist
Neither brilliant, nor scathing. Rather a sensational, dishonest, clickbait of a header.
It’s not turmeric but the adulteration of turmeric by adding leaf chromate that is causing deaths.
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30% tax on
#cryptocurrency
income will drive many transactions to underground OTC markets.
Tax Evasion to rise.
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If you are a startup or developer in Web3 space, please understand that
#cryptocurrency
taxation is under section 2(47) which is capital gain taxation.
Your grants and salaries won’t be taxable under it. Chill.
Buidl more, trade less. 😀
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If you don’t understand why BTC & ETH are ⬆️ in USD but ⬇️ 15% in INR, you should not be trading.
ARB if you have funds on exchanges.
#WazirX
#CoinDCX
#cryptocurrency
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@stats_feed
People applying BODMAS and still coming to the conclusion of 9.
6➗2 OF (1+2) = 6➗2 OF 3 = 6 ➗6 = 1
This is how BODMAS is to be applied. It’s not 2*(1+2) when there is no notation between a number and a bracket. It’s 2 OF (1+2).
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@tejeshwi_sharma
It’s the reverse. India punches way below its weight.
Both Indian lack of vision on manufacturing as well as Indian society’s dim view of manufacturing jobs being menial/low-profile have created this over-dependence on services sector.
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@theliverdr
Ad hominem is the first sign of an illiterate and unwise man who does not have any answer.
If that is your retort, you have to learn how to become wise from just being knowledgable. For your own good and for the good of society.
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@sulemanali
The same reason investment advisors, Hedge Funds, VC funds don’t get disrupted despite regularly underperforming the index.
People need comfort of perceived expertise.
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@ilex_rubra
@WineandHair
This is traditionally a welcome to a newly wed woman when she reaches her husband’s house for the first time.
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The day of an entrepreneur (15th Dec):-
8-9:30 AM :- Emails, WhatsApp
10:00 — X + Chores
11:00 - 12:30 PM :- Government Tender Meet + X shitposting in parallel
12:30 - 1:00 PM :- Meeting with legal team of a business partner
1:00 - 4:00 PM :- Sales pitch and sales calls…
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Attended India Fintech Festival and paid Rs. 300/- in CASH to the food counter. 😂
No other mode of payment was acceptable.
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@girdley
Why will you get cancelled for hiring a cook?
In Indian metros, every middle class family has a cook and a maid. Some of them have drivers too and typically private tutors take care of education outside of school.
With both partners working 10-12 hours a day and sometime even…
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@CharlieShrem
Libracoin is more a threat to
#Bitcoin
than
#Ripple
. Banks are not going to use Libracoin but it may turn out to be the Peer-2-Peer Cash Bitcoin was thought to be.
#Facebook
#GlobalCoin
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Hey
@finshots
great thoughts.
One addendum :- Not a paper idea at all.
We at
@WHR_Loans
have 1400
#warehouses
from both private and public sector geotagged on our platform.
Check our farmers’ app AnnDhan app at Playstore.
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@GhazalAlagh
We at
@WHR_Loans
have been offering one day extra leave every month to our female employees for past two years and that has not resulted into us reducing pay for them. This is in addition to being a 100% remote workforce.
Going by the logic given, maternity leave should also…
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@superdavehodge
@AriannaSimpson
Standards and crypto don’t go hand in hand.
We still don’t know who created Bitcoin.
Web2 “standards” will have to change to accommodate web3 way of working; anonymity is a feature here, not a bug.
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@OzJoeGoodacre
@rajeshsawhney
Not really. Western and northern states have higher GDP than eastern states.
Indian non-vegetarians actually eat veg. food most of the time. Non-veg diet is partaken on occasions (once or twice a week or sometimes even at longer duration).
Income level increases the frequency.
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@PhilSalesses
@pitdesi
I never recline as a habit and yes because of people reclining in front of me, I have almost stopped using my laptop on flights.
But it’s their right to recline and not my right to ask them to suffer just because I want to finish my work on a laptop.
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@GhoshAmitav
@latha_venkatesh
That is akin to saying that Nazi persecution of Jews was a tragedy.
Colonialism was not a tragedy but planned loot and massacre. The colonists need to be brought to justice, must face their own Nuremberg and while reparation of the loot may not be possible in full but the…
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@rajeshsawhney
The winner will need to build a 360 degree platform — care, diagnosis, surgery, insurance, support system, etc.
else it’s best run as a gig vertical by the likes of urban, portico etc.
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@garrytan
When my son moved to middle school this year in the USA, being new to USA’s education system it was a real shock to discover this absurdity of differentiated mathematics teaching.
If students in small poor village schools in India can learn algebra in class 6, what stops a…
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🎉 Exciting News: Another Milestone at
@bru_finance
🌐
We are thrilled to share yet another feather in our cap, marking a significant moment in our journey of innovation and impact. On the auspicious occasion of Diwali, Indian festival of light, we created history by launching…
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@schrockn
Criticism is less of Zillow and more of how concentrated bets on a few businesses are destroying the factors market.
We have normalised & even celebrate Zillowesque loss seeking behaviour, turning economics upside down & destroying entire sectors forever.
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@lukesophinos
While the marketing strategy looks fantastic, how were they able to get data of minor students from insta?
Did insta sell data to gas?
Also it appears that data that was used was personal and not anonymised.
Would love to understand the data acquisition practise.
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@twobitidiot
Crypto, as of today, is not occupy Wall Street — It’s just another Wall Street on high.
Highly speculative prices, 100X leverages, unfairly priced hedging products, unsustainable yields, which of these are solving for Main Street or the person at the bottom of pyramid?
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@simplykashif
This is not exactly how current accounting rules work.
The buyer would be able to account for Bitcoin (as of today) at 25,000 - not at 15,000. On the disclosure date there is no impairment once price has moved back to higher level and hence there is no impairment loss.
Yes,…
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@max_gagliardi
@KonstantinKisin
As per him, poor UK makes only 2% contribution to global warming. The global population share of UK is 0.87%. When is he going to bring it to the level of 0.87%?
Of course we are not asking to account for 350 years of colonial emission but just bringing it in line with global avg
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Is a
#crypto
event meeting is even a meeting without the customary selfie!
Discussing how to bring real world lending DeFi with Brad Harrison - CEO of
@VenusProtocol
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It was wonderful chatting about RWA with
@simplykashif
&
@impranavm_
Thanks for hosting me folks! 🤝
🚨 New Episode: 158
#Web3KiDuniya
🗓️ 23-10-2023
⏰ 8:00 PM
🔴Join us live today with
@simplykashif
,
@impranavm_
&
@CryptFyn
from
@bru_finance
Topics:
-RWAs in Crypto🌐
-Fractional Ownership
-Better Liquidity📊
-Future of RWA🚀
📍Link:
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@soorajchandran_
Once you turn atheist from agnostic, you will not feel it deeply. During the agnostic phase, we still have not fully crossed the rubicon.
“Aaj to khush bahut hoga tu” happens only in Bollywood, not in real life.
My son was born a preemie, stayed in NICU for 15 days. During…
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At Brú we care for our community members and do it in exceedingly well. 👇
Using our test net makes the community eligible for airdrops +
they also become part of early adopter group.
That means better LP rewards,
Social Impact NFTs
and many more benefits in future.
Brú Finance has completed the audit and has incorporated some new features.
We are thrilled to announce that our platform is open for Beta Community Testing -
#DeFiwithBr
ú
#Airdrop
#Beta
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@cryptomanran
Their attitude and arrogance is cultural to the US Airline industry. — and is very fast seeping in the Indian Airline industry.
When you give power to airlines to decide a No-Flier list, such arrogance is bound to creep in.
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Will institutions ever come to crypto?
Engaging discussion at
#IVSCrypto
event in sunny
@VisitOkinawaJP
Great panel put up by organisers
@ivcryptofund
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2021 has been the year when our work at the intersection of Blockchain, Agriculture & DeFi was recognised world over.
Heartfelt gratitude to 🙏 all the wonderful people & organisations who supported our journey through awards & recognition.
Massive confidence boosters.
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@debarghya_das
How to behave better in public:-
1. Don’t defecate on the pavement
2. Don’t urinate in public
3. Don’t make the entire area stink of dead rats
4. Don’t make it unsafe for public at large
All this in city with $13 B budget, just blocks away from city hall & your hometown in US.
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@BethanyAllenEbr
While i have no sympathy for China, this evil of global jurisdiction was started and nurtured by American courts, unfortunately.
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@EDadoun
@APompliano
It has paid handsomely in past few years to short Indian Bankers (the PSU variety ofcourse).
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@debarghya_das
India certainly has a long way to go and is not No. 1 but finding Indian cacophony as ‘reverse cultural shock’ is either a subconscious bias or else a protected lifestyle speaking without awareness of its own surroundings.
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How to solve for bringing RWA on-chain:-
1. Linkage between RWA & On-Chain NFT :- Use third party custodians. If transfer requires a government registry for approval, get the registry onboarded to blockchain.
2. Veracity of on-chain data :- Use a decentralised network of…
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Quite a validation at the early stage of Bru Finance. The moral booster. 🚀
Thanks
@Inc42
and
@BuidlersTribe
and the jury for choosing us.
@AjeetK
@pythonhulk
@PandeyMikhil
@Inc42
@booliener
@nascarsid
@brambleapi
@CryptFyn
@bru_finance
@BuidlersTribe
@LegitDocIndia
@MartisNeil
@moopayments
@ajaypalsaggu
@payscript_io
@nadeemx0
@Syndr_co
@VCrizpy
@TheYoungDoer
@theblockchainsc
And these are the winning startups of
#Pitch42
. A big congrats to
@moopayments
@Syndr_co
and
@bru_finance
#TheCryptoSummit
@Inc42
@AjeetK
@BuidlersTribe
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@Nithin0dha
That’s too smart a risk disclosure on part of coinbase.
Customer funds can’t be treated as unsecured creditors in any case of bankruptcy. It’s money in trust.
You know better yourself.
Depositories only hold equities.
By this logic, cash in Zerodha account is at risk too, right?
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Time to talk RWA and Crypto once again — Thanks
@officialnordek
and
@MohantySonny
for the invitation.
Welcoming our 2nd guest for the 6th episode of The Bit Talks Podcast. 🔥
Ashish Anand -
@CryptFyn
, Co-Founder & CEO -
@bru_finance
🎤
Catch him live:
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@jamespoulos
For the largest part of Human History, Asia has been the biggest contributor to GDP, as late as till 18th century.
21st Century is only the course correction of a 300 year old anomaly (the western dominance).
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Proud moment for all of us at
@WHR_Loans
and
@bru_finance
to win the National Startups Award in Financial Inclusion.
Many thanks to Mr.
@PiyushGoyal
and
@startupindia
for recognising our efforts in increasing farmers’ income in line with GOI’s mission of doubling farmers’ income
It's a momentous occasion for Whrrl Fintech Solutions to be awarded as the 🏆 National Startup Awards 2022 🏆 winner in
#startupindia
❗
#Awards
#farmers
#fintech
#technology
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Always read the tape, that’s where Alpha lives - Jesse Livermore.
@boxmining
And still 5% up — are the traders thinking that there is no smoke without fire?
In any other market, by now gains would have entirely wiped out; rather market would have gone red.
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I am not here for the tech.
I am here to use tech for creating meaningful impact.
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@richardraizes
Ethereum is already
#1
crypto in terms of adoption. Market Cap growth is only a matter of time.
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@NirantK
@siddharthaa7
IPO valuation was 1X sales with 11 PE.
Highly reasonable numbers in the current small cap rally environment.
Even after shoot up on listing, valuation is <3X sales and ~ 30 PE ratio.
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@ant0nill0s
@__SsayonaraA__
@stats_feed
According to BODMAS, we'd get 9 because division and multiplication are on the same level of priority and are resolved left-to-right. —
Class 6 algebra begs to differ.
BODMAS has a clear hierarchy and does not accord same level of priority to any operation.
There is no left…
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@rajeshsawhney
It’s changing now. Quite a vibrant startup community in Bihar, though highly concentrated on agri.
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While people in
#Crypto
have been waiting for years for that mirage of institutional adoption,
@bru_finance
has institutional custodians and banks with billions of dollars of loan book as lending partners.
We are unique because we built Brú for long term sustainability.
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Public capitulation is always a precursor to upward movement.
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If Afghanistan reaches to semis, it will be the repeat of India story from 1983.
In 1975 and 1979, we won just one match each (against East Africa) and won the World Cup itself in 1983.
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@alexiskold
Don’t they all boil down to - “VC doesn’t trust founder’s ability to raise the next round(s).”
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@debarghya_das
I am talking about behaviour in public — That is what you had mentioned in your tweet.
People sleep on footpaths in Mumbai as well, but their public behaviour is not unsafe, boorish & filthy like that in SF.
Downtown SF is random but ringtone is representative for you — Wow!
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@WuBlockchain
You mean they went by a gentleman’s handshake instead of coding a vesting schedule?
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@MinariShah
@dale_vaz
@VFSGlobal
@PMOIndia
VFS won’t accept any official fee in a mode other than cash.
The Xerox/Photo store at VFS is run by vendors who accept UPI, on their own.
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@jchicolino
@max_gagliardi
@KonstantinKisin
India is already working towards that target unlike haughtily being the ostrich here.
We don’t mock, infantilise and present misleading data when it comes to climate change.
Time to update your database.
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We won’t be ‘so back’ unless the tourists come back and serve as exit liquidity.
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From aspiring to get an MBA from IIM-A (Which I never did and regret that decision some of the times) to being subject of a case study of the same IIM-A — it has been a journey.
Thank you IIM-A, Prof.
@vvidyasachi
& foremost the enabler without whom it was not possible, CIIE. 🙏🏼
🆕
#Casestudy
:
@WHR_Loans
- a Warehouse receipt financing
#startup
.
In face of changes in the
#farming
sector,
@WHR_Loans
is looking at different forms of expansion.
What strategies of expansion would be best for
@WHR_Loans
?
📑
#Case
available here 👉🏾
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#UnfairStatupTaxation
Three Major items of
#startup
P&L:-
Cafe bill for work/meetings (avoid rent), commute by cabs (no car), and outstation hotel stays.
No input credit on any of three! Pl. Review.
#GST
@GST_Council
@nsitharaman
@anandlunia
@narendramodi
@startupindia
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@vivekraju93
Most probably the copyright belongs to people and not HOB.
Doubtful if the people covered in those stories sold their copyright to HOB, and if there was adequate consideration paid with full disclosure.
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Amazing efforts by
@cryptodao245
to create a real life community for the real world lending protocol
@bru_finance
It’s the support from the community that drives us more.
It was a nice moment today wit
@bru_finance
has i carry out a campus tour on the most anticipating
@bru_finance
Mainnet coming up tomorrow. Students were amazed i was glad to join the community and partake in the Mainnet coming up tomorrow.
#DeFiwithBru
#Bruonmainnet
#Mainnet
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High time for India to assert its economic size when it comes to movement of manpower.
Access to Indian markets should be used as an economic tool to make the Indian passport much more powerful.
@MEAIndia
Even countries like Jamaica get better visa access to European countries.
Schengen VISA rejected.
Reason:
@EthCC
conference is not a legitimate reason to visit France, according to the French embassy.
We're still very early 🙏
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Posted this 👇 when $BTC was 20% higher.
We have yet to witness either complete annihilation or significant accumulation.
Atleast one of them must take place before recovery starts.
The lack of volume on 04th December despite such a sharp crash means leverage still remains in the system.
More pain in offing.
#Bitcoin
#cryptocrash
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@merwinricks
@theliverdr
@TheEconomist
No, we are simply saying that lead is bad and turmeric has no lead in itself.
A journalist can say that Shilajit is problematic in itself because of high level of lead content in it but can’t say turmeric is problematic in itself.
Let them say that adulteration is causing…
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@eshear
Because that is the job the top echelon keep themselves free for — outside communication. Further, typically they will delegate the outside ask to someone down the line.
The juniors at the other hand have a lot of things at hand and they have to meet deadlines, to keep the boss…
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Hey
@IndiGo6E
why won’t you allocate a seat yourself without forcing the customer to make payment — is it because the aircraft has no middle seat?
@jagograhakjago
Web Check-in is not allowed on DGH-IXR sector without mandatory and paid seat selection.
@rohitksingh
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There are old crypto traders, there are bold crypto traders …. BUT
There are no old and bold crypto traders.
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@KyleLDavies
USDT should ideally be trading below its peg if collateralisation ratio is 1:1.
There has to be an illiquidity discount given that majority of its assets are locked in CP/Bonds.
Even if we ignore CP, the rest of Bond/Loan portfolio is 25%, are we saying NPV of this 25% part = FV?
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Crypto guys from across the west :-
“Indian regulators on crypto are such a huge risk”
USA regulators are sanctioning codes (not people/entities) and Dutch authorities are apprehending developers.
Which geography is much more risky CT?
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@balajis
@ramprabhuj
The bankers should hedge instead of predict.
Their job is not to buy a narrative, but to buy a interest rate swap.
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