Smit (@0xsmit) 's Twitter Profile
Smit

@0xsmit

know something about security, tech, investing |

mev extractor | demotivational speaker |

forbes 7 billion under 7 billion

ID: 931609516805832704

linkhttp://0xSmit.com calendar_today17-11-2017 19:46:32

6,6K Tweet

5,5K Followers

1,1K Following

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Forbes 30 Under 30 just dropped; featuring usualy 1,000 people. At this point, it’s the Forbes 1000 Under 30. The 30 Under 30 to jail pipeline is still undefeated.

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not many know that Kunal (DeFAI arc) has a degree in information security. he could have saved his last employer from getting hacked but he was busy shitposting on twitter 😭😭😭

not many know that <a href="/buntyverse/">Kunal (DeFAI arc)</a> has a degree in information security.

he could have saved his last employer from getting hacked but he was busy shitposting on twitter 😭😭😭
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not sure why bangalore startup bros have "SF/NYC" in their twitter bio while sipping tea at Rameshwaram cafe everyday

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True; this is an old idea, golem network already did that in 2016, it never picked up and it never will. But the market has memory of a goldfish.

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its scam was quite known in the tech circles 6 years ago, yet it got funded for $450M anyone who did basic surface level due diligence would have known this is a scam and there is no Ai here. their Ai was actually interns writing code. $450M burned.

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those who say stablecoin payments will completely replace credit cards are delusional and have no idea how chargeback/risk work. many times have ordered something and gotten rugged by the merchant, filed a chargeback and got refunded, good luck calling vitalik for a refund.

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i miss the early 2017 days when people weren't scared to build original and new blockchain projects like - "Dentacoin : A revolutionary payment token for dentists" "Potcoin : A revolutionary payment token for you know who"

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Stablecoins are the new NFTs; everyone is launching one, not realising that it is a distribution and integration game. Circle paid billions to coinbase and millions to binance to be relevant. Even PayPal's stablecoin doesn't have $1bn mcap in 19 months of existence.

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launching stablecoins is like teenage sex: everyone talks about it, nobody really knows how to do it; everyone thinks everyone else is doing it and having fun, so everyone else wants to do it.