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Abbas Khan
@abbaskhan
Just hanging around crypto circles | prev: Startups @ethereumfndn
3K Following    20.6K Followers
I genuinely don’t understand how $ZEC is pumping 10%+ seemingly every single day. I faded it at $50, then again at $205 this year in February thinking it was overpriced, and since then I’ve seen it just go up every fucking time I look at it. Is it still a good buy at 24B mcap?
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Very disappointing to see Circle take this approach in their GTM plan. You can clearly see a lot of their team fundamentally misunderstands meme culture, and I think they made a mistake abandoning their initial vision of Arc as a stablecoin chain. Now it's stuck in this weird middle ground where nobody really knows whether it's supposed to be a meme chain or a corporate stablecoin chain. They really messed up their positioning with memes, and this is going to be very difficult to recover from. I suspect some key decision maker internally just said, “look at robinhood, we should do the same,” without actually understanding why it works for them. There's a good chance Arc gets shut down within a year. The launch landed in no man's land, and the market is already competitive enough as it is. For a public company, it'll be hard to justify continuing to throw money at it if it doesn't start showing meaningful traction and a path to becoming a real business. I expected a competent team like Circle to do a lot better. But let's see if they can recover from it.
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The @EthenaPay cashback and yield will buy me the new IPhone 18.
The cashback on @EthenaPay is insane. So far, I’ve had a great experience using the product. Even though it’s still in beta and not very feature-complete, it definitely has the potential to be one of the top neobanks once it’s available to everyone.
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This is literally insane guy had 5 BTC locked in a wallet for 9 years dumped his old college computer into Claude as a hail mary Claude found the wallet file, debugged btcrecover's password logic, decrypted the keys, converted to WIF, recovered the funds We are so unbelievably early
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