Discover and read the best of Twitter Threads about #Venmo

Most recents (8)

1/ #CryptoCrap - CEO (Michael Stollery
aka Michael Stollaire) of Titanium Blockchain Infrastructure Services Inc (#TBIS)/EHI Internetwork & Systems Mgmt Inc (#EHI) sentenced to 4.25 yrs for the $21m #TitaniumBlockchain (#BAR) crypto #ICO #fraud (justice.gov/opa/pr/ceo-tit…).
2/ According to court documents, from 2017 Michael Stollery, touted #TBIS & the unregistered #TBIS crypto ICO (purportedly a decentralised enterprise infrastructure services platform, monetised by a native crypto token: #BAR). Investors were lured through a series of …
3/ false & misleading statements including fake client testimonials + false claims that he (#EHI) had business relationships with the Federal Reserve & dozens of prominent companies to create the false appearance of legitimacy. ‘Team Titanium’ had apparently “over 2 centuries …
Read 7 tweets
1/4 $PYPL Venmo

- doing almost $0.25 trillion of TPV
- close to 90 million active accounts of (55 million active monthly accounts)
- driving over $100 million of revenue every month
Dan Schulman, CEO

➡️ A run rate revenue of $1.2B, i.e. 33% higher that 2021 revenue c$900M
2/4
- creating teen accounts -> addressable market for Venmo by some 20 million or 30 million incremental people.
- looking at international expansion there
Dan Schulman, CEO

➡️ International expansion could be huge. Any incremental increase in TAM (teen accounts) is a bonus
3/4
“then obviously, we've got Pay with Venmo, Amazon. Amazon is 30% of U.S. e-commerce-ish, think about the number of merchants that we would have to sign up here in the U.S. to get that same scale for Pay with Venmo, it would be multiple, multiple millions.” Dan Schulman, CEO
Read 4 tweets
#Telcoin thread with a little bit of info on #TEL:

TL;DR
We may not have to pay Capital Gains Tax on $TEL.

Thread below, take everything with a grain of salt, either way, it should be informational to those looking into Telcoin.
So my discussion on $tel last night started with talks on TA and how technical analysis is the act of taking past historical data, identifying volume and percent gains among so many other things and identifying future possible trajectories.
#LB649 Passed into law yesterday authorizing #telcoin to become the first digital asset bank in the state of Nebraska. This is unprecedented for any #cryptocurrency so far, to be spoken on in a positive light by US Senators who are proud to represent their constituents.
Read 19 tweets
1/ #Coinbase $COIN- The Big Cryptocurrency Revolution,
The world watches as the largest #cryptocurrency exchange is now set to go public on NASDAQ through #directlisting. With 56M users, the platform is bigger than its traditional counterparts (#Robinhood, #Venmo , etc).
2/ Opening New Doors for Investors
The day will be marked as a historical event in the books of #WallStreet as it bridges the gap between legacy investors and the #cryptomarket.
The quarterly results have already shown a surge of 847% i.e. $1.8B revenue
3/ Why is now the right time to go public?
This move takes advantage of the current market conditions.

The last two quarters have seen investments of $7B in #Bitcoin. Major companies like $TSLA and @elonmusk have also shown keen interest in Bitcoin & Crypto
Read 9 tweets
the trash truck roars as its engine ignites. Ralph wakes up and remembers where he is. he reaches for a plastic cup and relieves himself. he gets dressed and finishes his food reserves. his dirty clothes in one hand and his cup of urine in the other, he steps outside of his tent
Ralph leaves his cup on the ground to his left and his clothes to his right. The urine is collected and harvested for phosphorous, and the dirty clothes are collected and converted to raw materials.

Ralph reaches into his pockets, finding a clean pair of gloves and a fresh mask
"Phosphorous is perhaps more valuable than gold: it is present in our teeth and bones and is known to gardeners and farmers as one of the three major nutrients needed by plants along with nitrogen and potassium."

localbanquet.com/stories/on-the…
Read 87 tweets
🚨Thread Alert! 🚨
Yes we are at this again!

Let's talk #HoloFuel ⚡️

In the recent events of #HoloPorts being shipped by the end of 2019, everyone's asking about the HoloFuel. We know you want to know so here we go 💥

#Holochain #Holo
▶️1/2 This week we’re taking an in-depth look at the HoloFuel transactor, which operates “under the hood” of the HoloFuel UI we discussed in the Dev Pulse 52. This will give you some insight into how HoloFuel’s agent-centric design has an advantage over other digital currencies
▶️2/2 Understanding how the transactor works is important, not only for hApp devs, but also for promoting network user adoption as a way to provide asset backing of the currency. Holo & Holochain are promoting HoloFuel as the micro-currency that powers the Holo Hosting network.
Read 20 tweets
The 50 years ending in the Roaring Twenties also spawned more transformational innovation than any other period except now: yield curves were inverted more than 50% of the time, with the steepest inversions during periods of most rapid growth thanks to “good deflation”.
How will banks respond to inverted yield curves that will crush their net interest margins, not to mention online services like the #CashApp by and #Venmo by nipping at their heels and #Marcus by with high interest-bearing accounts aiming for their heads?
Banks could activate the $3 trillion+ in fiat “kindling” that has accumulated in reserves at the Fed during the past 10 years. With an aggressive push into variable rate loans, they could arrest the decline in money velocity and raise the specter of inflation once again.
Read 4 tweets

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