chris muscarella
@cm
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Intersection of Emerging Market credit, payments, and stablecoins. CEO Double Sharp; Partner @timoncap; Iron Man @thefieldcompany
Brooklyn, NY
Joined December 2006
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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Introducing XRPR: The first U.S. ETF giving you spot exposure to XRP via a traditional ETF.
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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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Spritz Vibe. Limited Edition. Frosted over & fresh for the season, Spritz Vibe Sparkling Snowball Frost Limited Edition is here! CELSIUS. LIVE. FIT. GO.
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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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Coda: there’s good arguments about how ETFs / index funds have made markets weird because of lack of active investors doing ‘opposition research’ and curious about implications of turning the dial to 11
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Pretty sure this + Robinhood’s announcements are beginning of end for ETFs… Of course in future you just own tokenized securities and smart contracts auto balance positions and loss harvesting…
This produces virtually the identical performance as buying a market ETF However, since I own each name individually, I will have more individual losses at any time And by "harvesting" these losses, I get close to 30%-40% of my initial investment as a tax deduction!
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The important caveat: it's not all about price. Fundamentally stablecoins expand the market / push to "Internet Native Finance" in terms of who has access to FX and how frictive it is. ie, don't think of the current market as the actual market cc: @NikMilanovic
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Don't fully agree with everything Jack from Airwallex is saying... but as someone who's traded nine figures of FX in Nigeria starting in ~2019 can tell you stablecoin pricing has gone from shooting fish in barrel to worse pricing than regulated remittance inflows...
Investors keep asking me about stablecoin, and how that can reduce FX fees; if you send money from USD to EUR, and the receiving end still requires to receive EUR in their bank, I can’t see any ways stablecoin can reduce fees - off ramping from stablecoin to recipient currency
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And that there's a number of really interesting ways to do that curious who's seen interesting approaches?
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... and Tutor was also the company that shocked me a few years ago by using transformers to shrink training time by ~80X around the launch of the GPTs. Think the approach of sidestepping giant "systems integrations" in whatever way is likely correct
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