Wesley Aster (@wesleyaster) header
Wesley Aster (@wesleyaster) profile picture
São Paulo, Brazil
Joined September 2009
Photo by Wesley Aster (@wesleyaster)Photo by Wesley Aster (@wesleyaster)Photo by Wesley Aster (@wesleyaster)Photo by Wesley Aster (@wesleyaster)Photo by Wesley Aster (@wesleyaster)Photo by Wesley Aster (@wesleyaster)Photo by Wesley Aster (@wesleyaster)Photo by Wesley Aster (@wesleyaster)Photo by Wesley Aster (@wesleyaster)Photo by Wesley Aster (@wesleyaster)
PFP NFTs might go down as the “Ringtones” of Web 3. Mainstream adoption, huge revenue, IP and copyright issues, personalization as utility, vast majority of businesses went to 0. Paved a lot of the way for Western mobile commerce.
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Wesley Aster retweeted
Whoever unplugged the crypto machine please plug it back in so things can go up again
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A reminder that Cash is up 22% on the year vs financial assets, and, of course, 135% vs bitcoin.
COUNTERINTUITIVE FINANCE What's the best (short term) inflation hedge? Cash! The great fallacy is that assets are great inflation hedges. They initially collapse when rates go up. Fighting inflation is the pbm. Cash allows one to accumulate assets *after* they collapse.
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Wesley Aster retweeted
One thing most people don't fully grasp: it takes years, often decades, to go from a new infrastructure-level technology breakthrough (like crypto) to a vibrant ecosystem of mainstream applications.
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#Binance is facing problems in Brazil. The exchange had to suspend withdrawals and deposits in BRL after the Central Bank required brokers to update the KYC of customers to offer payment services in BRL. The deadline to comply to this was thursday, but Binance was late +
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Why Celsius and 3AC going under should cause you to worry 1/x
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Wesley Aster retweeted
This discussion between a Google engineer and their conversational AI model helped cause the engineer to believe the AI is becoming sentient, kick up an internal shitstorm and get suspended from his job. And it is absolutely insane. washingtonpost.com/technolog… – at Brooklyn, NY
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DALLE-2 has a secret language. "Apoploe vesrreaitais" means birds. "Contarra ccetnxniams luryca tanniounons" means bugs or pests. The prompt: "Apoploe vesrreaitais eating Contarra ccetnxniams luryca tanniounons" gives images of birds eating bugs. A thread (1/n)🧵
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Wesley Aster retweeted
In February Bolt rolled out a program that allowed employees to take out loans to purchase shares underlying stock options. These loans are 100% recourse. Today Bolt laid off a third of its workforce. Absolutely brutal.
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Wesley Aster retweeted
1/ many would have you believe on-ramps are the critical element for expanding crypto access in emerging markets this misses the forest for the trees off-ramps are the bottleneck now and massive value will be unlocked by whoever aligns with this reality thread inbound 🧵👇
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Wesley Aster retweeted
I’ve seen more term sheets pulled in the last month than in the last decade. Just sayin.
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Wesley Aster retweeted
I get a weekly "Unicorn List" email of secondary shares available in notable companies (via a broker). On 10/4/21 there were 32 names. Today there were 103 names... Probably nothing 🧐
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Wesley Aster retweeted
El Salvador just bought the dip! 🇸🇻 500 coins at an average USD price of ~$30,744 🥳 #Bitcoin
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If passed, the bill goes to the Chamber of Deputies for a vote on some slight modifications, and then to the desk of President Jair Bolsonaro 2️⃣Brazilian crypto investors realized $2.5bn in profits in 2021, per a new report from @chainalysis, up from just $300m in 2020
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Stablecoins down 8.5% YoY
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Wesley Aster retweeted
This is how you pay/buy anything with #crypto in 1.6million establishments in Brazil using @CeloOrg stablecoins + @bitfyapp (wallet) + @Cielo_br (POS machine). Happy to have led the cReal launch and partnerships🇧🇷🙌 instagram.com/tv/CbiWv_JFseJ…
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Wesley Aster retweeted
𝘌𝘛𝘏 𝘙𝘪𝘰 𝘖𝘣𝘴𝘦𝘳𝘷𝘢𝘵𝘪𝘰𝘯𝘴, 𝘈 𝘛𝘩𝘳𝘦𝘢𝘥 🧵
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