I wonder what will Meta be renamed into just like a16z frontier?
Tried creating Libra/Diem stablecoin, lost huge chunks.. Jumped into Metaverse craze, renamed the company, tried building Ready Player One IRL
Vice President JD Vance breaks down the data:
"If you are working as an H-1B visa in the United States of America, you’re earning $20,000 less than an American citizen hired in the same position. If you were brought in by one of these foreign outsourcing firms, you’re making $48,000 less than an American citizen in a similar position. So I’m sure that everybody here understands the game that is being played. You bring in indentured servants from outside the country, you lay off American workers and, if you’re a corporation, you make a ton of money by under cutting the wages of American workers, replacing them with people who frankly shouldn’t be in the United States of America to begin with."
Wrote a blog reflecting the current state of chains 👇
proxikle.com/global-blog/th…
You don't need another redundant L1 or L2. You just need to improve the current L1s and L2s rather than raising money and trying to scam once again.
And this keeps repeating endlessly for half a decade and still new chains raise money, scam users, make 6 figure paychecks and shut down with a sorrowful X post.
Looks like a death spiral unless users or VCs wake up!
Abstract went down within days after Blast announcement, VCs money got burned, users got scammed, founders and retarded engineering teams got 6 figure paychecks.
Bitcoin started slow, Satoshi built it for 1+ year and gained global recognition after 8 years of going live only in 2017. But crypto companies are building chains in days which cannot even sustain a single bear market shows a clear sign of failure with founder optics!
In the midst of all these, we are building a Blockchain cloud which runs incredibly lean entirely on bare metals and can stand the test of time without failing 🚀
So one more went down! 99% of crypto projects challenged they can build the next big thing and finally winding down within a few years. Only Bitcoin, Ethereum and a very few chains along with few blockchain companies can sustain and stand the test of time.
Blast will be shutting down.
We launched Blast with the goal of building a self-sustaining chain for users and developers. Unfortunately, the economics of operating the chain no longer make sense: the ongoing costs of maintaining Blast exceed the revenue generated by the L2, and
A startup doesn't have to be your life's work, but if it is, you become much harder to defeat. You play the long game and you outlast everyone. Because practically everyone else is an opportunist by comparison.
Wish Craig Federighi was named the CEO, but Apple being a hardware company since the start it was of no surprise for voting John Ternus as the CEO!
Big journey ahead since Tim grew Apple from a product first company to revenue first company! Looking forward how this progresses!!
@signalapp should start integrating BTC & XMR payments by ditching Mobile Coin for building a truly decentralized & private payments infrastructure in their payments feature.
No one probably uses MOB & it isn't fair for an app which truly values privacy to support this shitcoin.
Books and blogs are something where the AI learns from and provide half baked shitty answers for some really good questions!
Find out the source and read those with your human brain to crack the answers for some really difficult questions!!!
The crypto bear market is a state where you cannot find so many new web3 developers popping up and not many protocols rising up but it is indeed a quiet time frame where many of the important innovations tend to happen in dark but they are known only during the next bull run.
155 Followers 1K FollowingArchitectural home and environment Designer with a passion for international culture and lifestyles. I use the internet to discover others who share with me.
42K Followers 4K FollowingCreator of the #YubiKey and big fans of multi-factor authentication. Join us on our mission to make secure login easy and available for everyone!
19K Followers 5K FollowingGP @a16zfrontier. Common sense will not accomplish great things. Simply become insane and desperate. See disclosures: https://t.co/pgAyryVFLe
330K Followers 1K FollowingBuilding new things @thinkymachines. Also dabble in robotics at NYU. Cofounded @PyTorch. AI is delicious when it is accessible and open-source.
532K Followers 6K FollowingCo-founder & CEO of Discovery Loop. Former Chief Scientist, Google. Helped build many Google products, TPUs, Gemini, TensorFlow, MapReduce, Bigtable, ...
831K Followers 940 Followingchief ai officer @meta, founder meta superintelligence labs, founder @scale_ai. give everyone the adulthood they dreamed of in childhood
813K Followers 2K FollowingFounder/President @p3institute
Author: Runnin' Down a Dream, link below!
Founder: Runnin' Down a Dream Foundation
Former VC @benchmark
Trustee @sfiscience
602K Followers 3K FollowingNVIDIA Director of Robotics & Distinguished Scientist. Co-Lead of GEAR lab. Solving Physical AGI, one motor at a time. Stanford Ph.D. OpenAI's 1st intern.
1.8M Followers 135K FollowingNokia is advancing connectivity for the AI era, bringing global leadership across fixed, mobile, and transport networks.
For phones, visit @HMDdevices.