I work for the Internet, at @stripe, mostly on accelerating startups. At the moment, volunteering as CEO at Vaccinate The States. All views my own.
Excellent podcast on Tether/stablecoins and the broader impact on the cryptocurrency ecosystem: https://t.co/5FrMy23HAU “The elevator [can] go down much faster than it came up.” a standout quote to me.
I'm reading a really excellent book about community banking and an *arresting* line from it was, approximately: "A typical community bank has $150M in assets and a 4% net interest margin for about $6M in revenue covering 40 FTEs. Community banking is thus a small business."
I bought it yesterday and couldn't put it down. My other favorite in this extremely specific genre is the Dagger and the Coin series, which as a banking/dragon crossover suffers from too little banking and too few dragons, but is otherwise one of my favorite fantasy series ever.
Great thread about bystander effect and technical processes. I think a better intuition to develop about this sort of thing is “It takes 33 bits to identify anyone on earth. You noticing an outage is already, at bare minimum, 10. You noticed one where you work? 20+.”