tom11 retweeted
"SAFU" came from this video: youtube.com/watch?v=DelF6zEH…
one of the things i've always respected about @binance is the philosophy behind SAFU.
what started as a simple meme, “funds are safu,” eventually became something much more meaningful: a billion-dollar emergency reserve designed to protect users.
launched in 2018, SAFU has already been put to the test. when binance suffered a 7,000 BTC hack in 2019, users were made whole.
fast forward to 2026, and the fund has reportedly transitioned to 15,000 BTC, with a commitment to replenish it to $1B if its value falls below $800M.
what stands out to me isn't just the size of the reserve. it's the mindset behind it.
crypto moves fast. markets change, narratives come and go, and new products launch every day. but trust is built differently.
it takes years of consistency, accountability, and putting users first.
as a founder, i believe this is one of the most important lessons we can learn from @cz_binance, @heyibinance, and the team at @binance.
building a product is one thing. building something people can trust through multiple market cycles is another.
funds are SAFU. but more importantly, trust is earned.
tom11 retweeted
ETH/BTC is still in the accumulation phase.
Last cycle, BTC outperformed ETH.
This time, it's ETH turn to shine.
tom11 retweeted
The BTC.D death cross has now happened.
The last 2 happened right before the 2017 and 2021 Altseasons
You know what that means 👀
tom11 retweeted
Old dev abandoned $Harold we made a new x and updated the dex too
Follow @HaroldOnSF 🦆
The quack stays on
tom11 retweeted
🚨 JUST NOW: Elon Musk, shoulder to shoulder with President Trump, explains why AI is going to lift up ALL of humanity -- not force them into poverty
@elonmusk: "I think by FAR the most likely outcome is an AGE OF ABUNDANCE where we don't have just universal basic income, we have universal HIGH income. And people speak about medical benefits.
"Maybe it's worth talking a bit more about that. When you have robots and you have superintelligence, it means that EVERYONE in the world can have better medical care than anyone here, including ME. And wouldn't that be wonderful?!"
Jobs are going to change. Jobs have ALWAYS changed.
But being a computer used to be a job. There used to be buildings FULL of people doing calculations, but now digital computers to do those tasks. I don't think anyone is pining to go back and do calculations all day to do bank interest rates, which is what they used to do.
So I think we'll see an evolution of roles. And as the President has mentioned, it's not as though unemployment has increased. In fact, there's a TREMENDOUS demand for people.
So I think the most likely outcome--and it's probably worth looking at--the most likely outcome is one which is INCREDIBLY beneficial. And it's a future that you, if you could look into the future, it has a future you would WANT."
WELL SAID, Elon. No notes 👏
tom11 retweeted
Replying to @pointfarmcap
Culture is one of the most powerful moats
Check the holders tab of $Harold on @fomo youll see real culture
This is truly the best community on @LaunchOnSF, PFC surprised youre not in yet
tom11 retweeted
quack mode $Harold
tom11 retweeted
Have you heard the good word of our quack and savior harold
harold loves you, you just have to accept him into your heart
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