RT @dhh: I love the word ikigai almost as much as omakase. The Japanese really know how to encapsulate a complicated concept into a single,…
— Abhay 🇸🇬🇮🇳 (@Abhay08)
Aug 10, 2025
RT @KobeissiLetter: BREAKING: President Trump officially signs Executive Order allowing Bitcoin and crypto in 401(K)s.
— Abhay 🇸🇬🇮🇳 (@Abhay08)
Aug 8, 2025
https://t.co/qRM5yer9Wv
— Abhay 🇸🇬🇮🇳 (@Abhay08)
Aug 8, 2025
PyTorch in One Hour: From Tensors to Training Neural Networks on Multiple GPUs https://t.co/tVY8ZKCBuR
— Abhay 🇸🇬🇮🇳 (@Abhay08)
Aug 2, 2025
Thanks @jas_shah for your detailed blog, which made me share my views on how genius act might be underlying factor for all of this.
— Abhay 🇸🇬🇮🇳 (@Abhay08)
Aug 2, 2025
🎬 THE BOTTOM LINE: JPM’s “data tax” is a desperate attempt to preserve a $49B revenue stream in the face of blockchain-native payment rails that cost pennies. They’re not protecting consumers—they’re protecting profits. The future of payments is being decided right now.
— Abhay 🇸🇬🇮🇳 (@Abhay08)
Aug 2, 2025
🔮 WHAT’S NEXT: Other major banks will likely follow JPM’s lead, potentially killing consumer-friendly fintech innovation. Meanwhile, stablecoins continue eating payments infrastructure from the bottom up. The question isn’t if, but when traditional rails become obsolete.
— Abhay 🇸🇬🇮🇳 (@Abhay08)
Aug 2, 2025
⚖️ REGULATORY ARBITRAGE: While EU’s PSD2 mandates free data access, US banks exploit regulatory uncertainty. But consumers generate this data through their transactions—banks store it, they don’t own it. Just charge for storage right?
— Abhay 🇸🇬🇮🇳 (@Abhay08)
Aug 2, 2025
🏦 DEFENSIVE STRATEGY: JPM sees billion-dollar businesses like Plaid, Cleo ($280M ARR), and CreditKarma ($7.1B acquisition) built on “their” data. Classic innovator’s dilemma—they’re trying to tax innovation instead of embracing it.
— Abhay 🇸🇬🇮🇳 (@Abhay08)
Aug 2, 2025
🌍 GLOBAL CONTEXT: Cross-border remittances cost 6.35% using traditional rails vs 0.5-3% with stablecoins. Sending $200 US→Colombia: $12.13 traditional vs $0.01 stablecoin. The infrastructure disruption is already happening globally.
— Abhay 🇸🇬🇮🇳 (@Abhay08)
Aug 2, 2025