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@mrink0

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special effects @colosseum // living in the futarchy

Joined May 2021
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@mrink0
rinko
1 hour
topic of tomorrow's @Liminal_HQ piece
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@mrink0
rinko
5 hours
fuse wallet is my favorite crypto app.
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@grok
Grok
6 days
Join millions who have switched to Grok.
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@mrink0
rinko
10 hours
the lawyers are posting futarchy threads. this can only mean one thing.
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@mrink0
rinko
23 hours
hmm. maybe the ink is still drying on the polymarket deal?
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@mrink0
rinko
23 hours
although kalshi is running two markets which makes polymarket’s decision even more interesting
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@mrink0
rinko
23 hours
polymarket’s silence on the trump speculation is an early example of why some of the most interesting (subversive) markets may be better suited for a permissionless competitor
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@mrink0
rinko
1 day
my personal view is it’s a short term trend that reflects the models’ current limitations. context + prompt engineering are still more important than open ended exploration and collaborative creativity, so it makes sense that large established businesses get more value from.
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@mrink0
rinko
1 day
open question whether this is a short or long term trend. reasoning behind believing short term would look something like:. young people are more digitally native, open minded, and will adopt ai tools faster, so businesses will hire them. however the thinking behind long term is.
@emollick
Ethan Mollick
1 day
A second paper also finds Generative AI is reducing the number of junior people hired (while not impacting senior roles). This one compares firms across industries who have hired for at least one AI project versus those that have not. Firms using AI were hiring fewer juniors
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@mrink0
rinko
1 day
not hyperbole to say the future of our industry rests on the shoulders of a 20 something y/o zoomer who’s building what he believes will amount to nothing more than a fun onchain game.
@mrink0
rinko
2 months
billions of dollars of infra is relying on some sensitive young man to build an app that normal people like.
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@mrink0
rinko
1 day
reminded me of anatoly’s somewhat pessimistic (or pragmatic) take on crypto adoption. we can trojan horse self custody via stablecoins & fintech ui’s but it prob won’t be enough to convince ppl to start writing down seed phrases. we need only possible in crypto consumer use cases.
@aeyakovenko
toly 🇺🇸
19 days
@jessepollak Without self custody it’s not crypto. And for a consumer to want self custody there has to be enough exclusive content they want that is only available via self custody. This network effect is hard to bootstrap.
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@mrink0
rinko
1 day
realized over ldw i can explain the value prop of bitcoin, stablecoins, and even solana decently well but my self custody pitch still falls flat. for some reason normies seem to have a really hard time wrapping their heads around the fact that it’s even technologically possible.
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@mrink0
rinko
2 days
RT @metaproph3t: forgive the glazing but MetaDAO via the market has been excellent so far at picking institutional investors. Colosseum, Pa….
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@mrink0
rinko
2 days
the moment you are too big time to reply guy is the same moment you’ve lost your edge.
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@mrink0
rinko
3 days
RT @segfaultdoctor: futarchy is the future.
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@mrink0
rinko
3 days
however the pendulum will soon swing back to a model that looks more like silicon valley tech companies. startups will return zero capital, invest aggressively in growth, and hire top talent with generous comp packages. futarchy icos will drive this shift.
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@mrink0
rinko
3 days
heaven sharing 100% of fees in real time with token holders is the logical endgame for the current revenue meta. it’s hard to imagine a more investor friendly tokenomics design and it’s healthy we speedran all of the other half baked attempts.
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@mrink0
rinko
4 days
crypto ponzinomics are driven by a breakdown in trust b/w teams and token holders. unless you share rev in real time the market assumes you’re a meme. this leads to all sorts of distortions like believe spending more time shipping a flywheel than product. futarchy fixes this.
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@mrink0
rinko
4 days
hard capping token supply is a great way to kneecap a business from day one. same with all the deflationary gimmicks the consulting class peddles for a living. just put the fries in the bag and make money. everything else will sort itself out.
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@mrink0
rinko
4 days
dusk.the aegean shimmers blood-red.as sun melts to sea.the greeks make landfall.hulls scrape stone.cries rake ashore.gates shudder.the dogs fall silent.sensitive young futard,.the hour is nigh.the choice is yours.rise and fight.or bow before the machine—.atropos raises her shears.
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@mrink0
rinko
5 days
most underrated trait of great founders is a sense of urgency. there’s a million reasons to wait. to have a meeting. to think it over. action is hard. there are risks. but a founder’s job is to create urgency. constant motion is the only way to know you’re still alive.
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