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Thomas Purves Profile
Thomas Purves

@tpurves

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Following
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8K

Fintech builder, advisor and investor ex VP Digital Products @Visa

Decentralized
Joined October 2006
Don't wanna be here? Send us removal request.
@GavinNewsom
Gavin Newsom
8 hours
Only a true psychopath could genuinely believe this story justifies the shooting of an innocent VA nurse.
@JDVance
JD Vance
11 hours
When I was in Minneapolis, I heard a number of crazy stories. But near the top of the list: A couple of off duty ICE and CBP officers were going to dinner in Minneapolis. They were doxed and their location revealed, and the restaurant was then mobbed. The officers were locked in
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@tpurves
Thomas Purves
5 hours
I love you @AirCanada but there are just way too many mice infesting the your E-gate lounge at YVR. Can you do something about this? Is no one even checking their boarding passes?
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@tpurves
Thomas Purves
12 days
Paging @IanCutress Given the current RAM-shortage projected to last until 2028+. Could there be an opportunity window for intel to (profitably) retool old 10/14nm fabs for RAM production?
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@mmpadellan
BrooklynDad_Defiant!☮️
15 days
Holy shit, LOOK AT MINNEAPOLIS! THIS IS HOW YOU RESIST!✊🏾🇺🇲
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@tpurves
Thomas Purves
17 days
This is less an HP vs Apple story than TSMC N4P (used by AMD's 3000-series APUs) and TSMC N3P process nodes (used by Apple A19 chip). Note that, for the first time, AMD has bought up preferential early access to TSMC's next major "2nm" node.
@lafaiel
INIYSA
18 days
Holy moly, HP beat them to it. Apple might not be interested, but they'd do, they can make it better. They already pack more power into a 5.6mm fanless handheld body than bulky active-cooled system
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@tpurves
Thomas Purves
3 months
Fun fact, the mascot of this ship "Timothy the Tortoise" was also the last surviving veteran of the Crimean war. Born *before* the reign of Queen Victoria. Timothy (actually a female) survived until 2004, aged 160. That tortoise must have seen some things. https://t.co/ASLVSQYZEQ
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en.wikipedia.org
@HMWarships
Heart of Oak ⚓️
3 months
The 110-gun first-rate leviathan HMS Queen, flagship of the Mediterranean Fleet, leaving Malta with several other ships in her wake, during the early 1840s. She was the last purely sail-powered ship of the line to be built by the Royal Navy, although she was later fitted with a
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@simonharley
Simon Harley
3 months
Apropos of nothing: Victory afloat in Portsmouth harbour.
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@HMWarships
Heart of Oak ⚓️
3 months
“The Heavyweight Punch” — HMS Victory, HMS Temeraire, and HMS Neptune lead the Weather Column towards the combined fleet off Cape Trafalgar, 21 October 1805 — two hundred twenty years ago today. Painting by Geoff Hunt.
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@tpurves
Thomas Purves
5 months
Amazing what happens when a democrat actually does stuff. Like literally any stuff. Even batshit stuff. Maybe especially batshit stuff? **Gavin Newsom Surges in 2028 Presidential Primary Poll** https://t.co/44HMHY8C1Q
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newsweek.com
The poll comes as Newsom has taken a more aggressive position in standing up to President Donald Trump.
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@JessePeltan
Jesse Peltan
7 months
You have to be willfully ignorant to believe that solar power is useless for serving air conditioning demand. (which is driven by sunlight) Peak demand yesterday was 77 GW Peak net of solar was 71 GW Net of solar and storage was 68 GW Without solar and storage, we would have
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@tpurves
Thomas Purves
11 months
"With the imposition of these tariffs, it is as though Trump has self-imposed what many foreign adversaries have only dreamed of: a partial blockade of the United States of America."- Joseph Politano
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@tpurves
Thomas Purves
1 year
I don't see stablecoin investments as a solution for payments, so much as symptom of how bad (North American) bank have gatekept access to fiat-based funds movement options. Compare with say EU/UK with legislated open banking, RTP, variable recurring payments etc.
@terryangelos
Terry Angelos
1 year
This is a great move by Stripe and will shake up the entire processor landscape. Bridge serves as a conduit between stablecoins and traditional fiat so that merchants like starlink can easily accept payment in any form. Worth listening to @zcabrams on the tokenized podcast
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@tpurves
Thomas Purves
1 year
Everything is a trade off. So you save weight on legs, but you then carry extra fuel mass to boost back to pad vs landing downrange. If 99% landings you save big turnaround time but 1% attempts you accidentally nuke whole tower from orbit, was it worth it? I Guess we'll see!
@NikMilanovic
Nik
1 year
if this doesn't move the needle for you at least a bit, I don't know what will
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@Microinteracti1
Gandalv
1 year
@Mylovanov The West has completely failed when, in 2024, we’ve got North Korean and Chinese soldiers standing in Europe. After a billion warnings for Europe and the U.S. to toughen up, they still chose weakness. Now we’re paying the price, and there’s no excuse for letting it get this far.
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@tpurves
Thomas Purves
1 year
Fundamental contradiction in US realtime payments is that it was and has never been designed to succeed. The banks are inherently conflicted on it because of the ROI problem. Without network fees or gov mandate, the near-term ROI is materially negative to incumbent banks.
@davistrazza
Davi Strazza
1 year
Exactly a month ago, I shared my thoughts on how the US is lagging in instant payments adoption, mainly due to entrenched card reliance, fragmented regulation, and bank readiness challenges.
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@tpurves
Thomas Purves
1 year
Sigh. 1/ "Basically no one"? Famously, Bill Gates launched Teledesic in 1994 proposing 840 satellite constellation, 8 yrs before SpaceX. 2/ As launch costs come down, surprisingly few markets are opening up. SpaceX has to sell most of their launch capacity to themselves.
@Austen
Austen Allred
1 year
What the SpaceX team grasped from the early days that basically no one else understood is that if price to launch changes by orders of magnitude entire markets are opened up. Starlink is just one example; it wasn’t even an idea when SpaceX was founded.
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@ghost_motley
Charlie
1 year
I see a lot of people railing against this, but actual Fiber infrastructure is so much better than Starlink and you aren't vendor locked.
@GovTimWalz
Governor Tim Walz
1 year
Today we announced $52 million in grants to expand broadband access to over 7,500 homes and businesses in Minnesota.   By connecting Minnesotans to businesses, education, and health care through broadband, we’re making Minnesota the best place to work, live, and do business.
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@tpurves
Thomas Purves
1 year
This is huge. Like @sytaylor agree having rules is increasingly important in an RTP + scam-heavy world. But that this particular rule will also create issues. I do think 50:50 is much better than 100% either way. But what of some % responsibility to the user too?
@sytaylor
Simon Taylor
1 year
Today is a huge day for payment regulation. The world's first scam reimbursement rule went live in the UK on October 7th. 👇 It says 1. Customers can be reimbursed up to £85,000 ($111k) 2. They must be refunded within 5 days 3. Liability is split 50/50 between sending and
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@tpurves
Thomas Purves
1 year
Early in my career as a bank Product Manager, we used to have to spend a periodic day at the call center, riding along on calls. This was a great eye opening experience. Both in learning from real customers and in not taking our cushy head office jobs for granted!
@anpaure
anpaure
1 year
home depot swes are gonna have a blue collar experience
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@tpurves
Thomas Purves
1 year
When I learned how insane state-level regulations for everything is in the US, also when it 1st dawned on me how disingenuous the so-called 'small government' and 'business friendly' party is by also promoting 'states rights' thus creating 50x worse redundancy in gov bureaucracy
@regulatorynerd
Matt Janiga
1 year
12/ In all, something that should have been a quick 15 minute exercise has eaten up over an hour. Now multiply that "simple ask" from 47 different states to just "slightly modify" this doc or that doc, and that's why it takes so long to get your money transmission licenses.
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