inveniet viam aut faciet - I shall find a way or make one.
Joined March 2021
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everything I can remember base leadership has done to its own community in one thread
bookmark this for the next time someone tells you “base is different now”
whenever you think of trusting base, remember this thread
jesse pollak’s coins
the head of base used the official coinbase X account to promote “base is for everyone” on zora. it spiked to $17M mcap in an hour. crashed 90% to $1.9M within 20 minutes. people thought it was an official base token. jesse said it was “an experiment” and that he “personally approved the post”
months later he launched his own JESSE token through the base app. called it a “creator coin, not a memecoin.” two snipers extracted $1.3M from it within seconds of launch. the token peaked at $25M and dumped. $50M in volume flowed through it and the regular users who trusted the head of base got sniped by bots while he collected LP fees
he then used those LP fees to buy other creator coins on zora. so the fees generated from his community getting sniped went to propping up more creator coins that also dumped
him and brian promoted tokens linked to balaji srinivasan and other figures. all crashed. one critic pointed out “the same users kept eating the downside on team-promoted tokens.” nobody at base adjusted
he endorsed a soulja boy token, a person zachxbt publicly documented running 73+ token promotions, 16 NFT collections, most of them rugs or abandoned, earning $730K+ from paid crypto scams. jesse invested $1,500 and promoted it publicly. zachxbt’s report was from 2023. it was public. the head of base either didn’t bother to check or didn’t care
he shared a GIF playing on “base is for everyone” that rotated through the phrases “base is for pimping” and “base is for squirting.” had to publicly apologize. the guy running a coinbase-backed chain, a publicly traded company, posting this to hundreds of thousands of followers
after all of this he said base won’t “pump tokens” or “support the chart behind the scenes.” the same person who launched multiple coins that dumped on his community won’t help yours. his charts get LP fees. yours get abandoned
the $BRIAN disaster
brian armstrong, CEO of coinbase, $50B+ publicly traded company, changed his pfp to a $BRIAN memecoin. 10,000 people bought in. the CEO of the chain is backing it: what could go wrong? he removed the pfp 23 hours later. coin went to zero. 10,000+ people down 99% after trusting the literal CEO
1/3
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and then one day you piss off Nikita so much he suspends you and you lose access to all your financials
good tech
A social media app just shipped a better deal on your
money than most banks in America.
𝕏 Money went live today.
6% APY on your cash. No minimum.
Apple pays 3.4%. Cash App pays 3.25%.
Your money is insured up to $10 million.
Most banks stop at $250K.
3% back on everything. Metal Visa card with your @ on it. Not your name.
No fees abroad. Free ATM. Pay rent, send wires, send
money to anyone. All from 𝕏.
Think about what your bank does. It takes your money, lends it out, and keeps most of the profit. The interest they pay you is whatever's left over. That's why it's basically nothing.
𝕏 doesn't need your money to make money. X makes money every time you scroll. Every ad you see. Every $40 Premium subscription.
Your cash sitting in 𝕏 Money is just the reason you open 𝕏 instead of Chase.
That's 𝕏 Money. You don't even need to download anything new.
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team cooked, spicily
We’ve designed and built our first AI chip: Jalapeño.
Designed from the ground up by OpenAI and brought to production with @Broadcom, Jalapeño is purpose-built for the LLM workloads powering ChatGPT, Codex, the API, and future agentic products.
Chips are foundational to the AI economy. Building our own expands our full-stack platform from products to models to infrastructure, and will help us scale intelligence, serve more people, and expand access to AI.
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.@OpenAI Head of Product Design @iansilber on if their Jalapeño AI chip is the right shape:
"It's not really shaped... it should've been maybe triangular or something."
"Or a Jalapeño. That would've been maybe a little bit hard to cut."
We’ve designed and built our first AI chip: Jalapeño.
Designed from the ground up by OpenAI and brought to production with @Broadcom, Jalapeño is purpose-built for the LLM workloads powering ChatGPT, Codex, the API, and future agentic products.
Chips are foundational to the AI economy. Building our own expands our full-stack platform from products to models to infrastructure, and will help us scale intelligence, serve more people, and expand access to AI.
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this is probably the 1st ai chip designed and built primarily by ai models.
apparently codex / internal models used which means openAI just opened up a new race that’s arguably as important as anthropic’s pursuit of frontier coding AI:
custom AI hardware. the bedrock of what any future AGI will run on
no use having frontier intelligence if it runs on sub-optimal infra. all openai needs is for the chips to work well on THEIR models and they can accelerate model development significantly
more inference, better optimization.
genius if they pull it off
We’ve designed and built our first AI chip: Jalapeño.
Designed from the ground up by OpenAI and brought to production with @Broadcom, Jalapeño is purpose-built for the LLM workloads powering ChatGPT, Codex, the API, and future agentic products.
Chips are foundational to the AI economy. Building our own expands our full-stack platform from products to models to infrastructure, and will help us scale intelligence, serve more people, and expand access to AI.
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Just do things.
this is actually insane
> be tech guy in australia
> adopt cancer riddled rescue dog, months to live
> not_going_to_give_you_up.mp4
> pay $3,000 to sequence her tumor DNA
> feed it to ChatGPT and AlphaFold
> zero background in biology
> identify mutated proteins, match them to drug targets
> design a custom mRNA cancer vaccine from scratch
> genomics professor is “gobsmacked” that some puppy lover did this on his own
> need ethics approval to administer it
> red tape takes longer than designing the vaccine
> 3 months, finally approved
> drive 10 hours to get rosie her first injection
> tumor halves
> coat gets glossy again
> dog is alive and happy
> professor: “if we can do this for a dog, why aren’t we rolling this out to humans?”
one man with a chatbot, and $3,000 just outperformed the entire pharmaceutical discovery pipeline.
we are going to cure so many diseases.
I dont think people realize how good things are going to get
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AI agents and Agentic infra are the most interesting plays in crypto rn.
There may be a rotation back to SOL at some point (there are some good narratives forming) but nothing that has escaped the CT bubble.
When confidence comes back, this narrative is likely the first thing capital will be aimed at.
The infrastructure is forming, the story gaining mindshare, and it’s still early. The beach ball is being held underwater.
Dreamers will win.
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Only thing that will pull you out of poverty is being early in the Agentic AI meta.
Just like ICOs in 2017.
Just like DeFi in 2020.
Just like NFTs in 2021.
Just like memes in 2024.
Right now it feels slow and boring but cycles always start like this.
Things will start heating up hardcore from April onwards.
And by the time the crowd realizes it…
the early ones are already sitting on multiples.
Patience is the price you pay for being early.
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this means that Solana token transactions (i.e payments, transfers etc) will very soon become **20 times** more efficient
TWENTY
get ready to learn increased bandwidth buddy
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There's no comparison to Gake, It4i, Waddles, Euris and many more.
These guys extracted the market with 100% talent and skills on catching good coins and narratives.
If you dare to compare the old good traders to anyone making 6 figs p&l (month) today, you're actually an idiot.
The game isn't the same
Today people making money are thiefs, not traders.
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