
Building neobanks at Whish Money | Ex - @plumenetwork. Ex-HashKey Capital. Recovering decentralization enthusiast.
Joined December 2021
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Good news everyone! You don’t have to worry about AI doomerism anymore
Under pressure from Israeli prime minister Benjamin Netanyahu, the Trump administration may be within days of launching a nuclear strike on Iran. The target would be Pickax Mountain in central Iran, where Israeli intelligence claims the Iranian government has restarted its nuclear enrichment program. No conventional weapon in the American arsenal can penetrate 300 feet of solid granite to destroy the tunnels where enrichment is supposedly taking place. The only military option is a nuclear strike. Netanyahu has been pushing hard for one. “Bibi calls Trump about it every day,” says an informed observer.
Netanyahu is cornered and desperate. After last week’s election results, he can’t form a government unless Trump intervenes directly in Israeli politics and brokers a deal with other parties that gives Netanyahu 61 seats in the Knesset. Otherwise, he is out as prime minister and on his way to ignominy, investigations and possibly jail. Netanyahu must stay close to Trump. He needs this war.
To that end, he’s applied maximum pressure to his closest allies in the administration, including Secretary of Defense Pete Hegseth and CENTCOM commander Brad Cooper. Both oppose a negotiated settlement to the war they’ve so grievously mismanaged; both are pushing to restart major combat operations. Secretary of State Marco Rubio and CIA director John Ratcliffe are also following Netanyahu’s lead, as are leaders of the Democratic Party. In a recent meeting on the subject, former president Barack Obama said he opposes the current Iran peace deal being drafted in Doha.
The rest of America’s longtime allies in the Middle East are terrified by the prospect of more war. On September 27th, Netanyahu flew secretly to Abu Dhabi to enlist the UAE in his lobbying effort for a final attack on Iran. The Emiratis refused. After eight months of conflict, Gulf economies are teetering. So are global energy and fertilizer markets. They won’t recover soon. Globally, there are a total of about 850 supertankers used to transport oil from producers to the rest of the world. In October alone, 11 of them were badly damaged in Hormuz. At this pace, a global depression is imminent. A nuclear strike would radically accelerate the destruction. Fallout from a ground explosion at Pickax Mountain would contaminate the Persian Gulf, poisoning the water supply for 100 million people.
And those are just some of the immediate consequences for the region. The rest of the world is every bit as exposed. No country other than the United States has ever used a nuclear weapon in war. Some would like to. An American nuclear attack on Iran would set a new precedent. The Russians have already told at least two other governments that an American nuclear strike on Iran would free them to use nuclear weapons against Ukraine. Pakistan and India would be tempted to do the same against each other, as would North Korea against Seoul. After the first nuclear strike, World War Three is inevitable. That war would be short and final.
We’ve been sleepwalking toward this moment for months. Since February, the administration has quietly rewritten America’s nuclear doctrine to make first use of so-called “battlefield nukes” easier and therefore more likely. No one in Washington in either party seems bothered by this. Now we’re on the brink of it.
Close observers say Trump is likely to decide by next weekend whether or not to use nuclear weapons. That would be November 7, six days from now. To his credit, he’s hesitating. At the moment, Trump is listening to his vice president, JD Vance, and to his envoy and friend Steve Witkoff, both of whom argue a deal with Iran can be made.
They’re right, though it won’t be simple. The Iranians are famously frustrating to negotiate with under any circumstances, and elements of that government have become more radical since Ayatollah Ali Khamenei and his family were killed in February. After decades of isolation, even relatively moderate Iranian leaders seem confused by how decisions are made in the West. (There is a widespread belief in Tehran, for example, that the United States government controls Israel.) But overall, people who have spoken to decision-makers in Iran say there is consensus there that more war is bad for everyone and a deal is worth making.
One group that hasn’t been consulted so far is the global population — the hundreds of millions of people who will be killed along with their children if Trump is pushed by Netanyahu into launching a nuclear strike next week. Now would be the time for them to speak up.
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Hate to say it but I’ve been on this page for the last few years
Limited amount of defi exposure — the rest on CEXs
completely stopped using self custody and hot wallets this summer after the coldcard attack
various kyc leaks from other providers have reinforced my opinion that self custody needs to reinvent itself before it’s usable
just use cexes and tradfi until then
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Kind of a sick idea honestly
Palmer Luckey reveals the startup he'd build today: oxytocin doping to end divorce
"I would try to end the tragedy of divorce with oxytocin doping for marriage counseling."
"We understand mammal pair bonding pretty well. There's a lot of people who want to stay together. Most of the people who don't want to stay together should stay together, especially for their kids."
"And we can, if people think SSRIs are fine, which they're not, but if they were, then oxytocin doping to stay together is definitely fine."
"It's the mammal pair bonding chemical. There's things you can do to increase the uptake, and it's very well understood. Also, totally unregulated, which is great. Unregulated spaces are a lot easier to do. You can go buy a kilogram of oxytocin on Sigma Aldrich Chemical Supply right now, and if you do that, maybe you won't die alone."
"It's pure biology. It's used for women who don't bond with their kids, and now for women who don't bond with their husbands. It's also used for kids with various neurological issues, some kids with autism who struggle with pair bonding."
"The cool thing is it's a self-reinforcing loop. We understand that very well. Unlike most drugs, it doesn't form a chemical dependency. It actually unburdens you from a chemical dependency."
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Jack Ratkovich retweeted
I give it 5 years until the last docx will be phased out for Markdown.
Computers are for agents now, and token-efficient representations will dominate.
It's going to be Python, Markdown, and JSON all the way down.
Jack Ratkovich retweeted
Strong Pokemon. Weak Pokemon. That is only the selfish perception of people.
Truly skilled trainers should try to win with their favorites.
Everyone’s talking about the yen today — I released an article last week talking about my expectations here
Yes it’s bad. The response could be good for crypto though.
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Brilliant idea
Meet Crumbs, built on Robinhood Chain.
Shop at Costco, get $COST. Buy from Apple, get $AAPL.
Turn eligible receipts into stock-token rewards from the companies you already shop with.
Join us before launch: crumbs.family
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NYC dating apps vs other cities is like Netflix vs Cable
There are so many options, you end up with decision paralysis and often can’t figure out what to watch
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Jack Ratkovich retweeted
Life hack:
If u have a poor attention span, can't focus etc
Commit a crime that gets u sent in prison for 1-3 months
That way ur forced to reset ur brain bc u cant scroll or do anything else than sit in ur cell all day long
You'll come out as a different man and make millions of dollars because you have unlocked superhuman levels of focus and mind control
The original "dopamine detox"
Someone tried to hack my X account this morning. It’s already that point in the cycle.
Make sure to activate 2FA
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I feel like this has been tirelessly reiterated but the crypto market is at saturation and I don't expect it to grow enough to justify competing.
You're not competing with major CEXs or Phantom or Rabby for marketshare over crypto users. It just won't happen.
And net new users aren't going to be "degens" who care about things like self-custody or any of the "cypher-punk" ideals.
Depending on your market, new users will want things like storing their money outside their local banking systems. They shouldn't need to understand or even see the crypto element to be able to accomplish this.
The industry has changed. It's time we all grew up with it.
my #1 advice to all of neobank founders…
stop building for just the crypto audience.
99% of people don’t care about crypto, stablecoins, or what infrastructure you use.
positioning yourself as a “crypto neobank” just limits your market.
instead build for the 99% of consumers who simply want a better banking experience.
just because your infrastructure runs on stablecoins doesn’t mean your brand has to revolve around them.
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