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jimmy.txt is at mcon 🌊 (🦇,🔊) Profile picture
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23 Aug, 7 tweets, 2 min read
Crypto has changed my life.
And not from a money standpoint, I’ve met the smartest, most passionate people EVER who are my friends that I respect and care about very much

I wake up everything day knowing that I’m contributing to a greater vision for the internet and for our futures
I get to work at a job that I love with an insane vision: we're letting people OWN their usernames

My job is to build cool shit for devs and hang out with developers in the community

medium.com/coinmonks/dece…
Because of crypto, I get to nerd out with my GVO gang every week on Twitter Spaces

Because of crypto, I got to go to Paris and hang out with these incredible people

Because of crypto, I got to explore the PNW with @wvaeu and @KeeferTaylor Image
Just feeling extra grateful today. I love all you beautiful people! Life is good

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More from @0xJim

jimmy.txt is at mcon 🌊 (🦇,🔊) Profile picture
9 Sep
1/ Pretty disappointed at defi innovation right now

Maybe that's why CT has been so encapsulated with NFTs - it's where the new ideas are

We need to stop copy pasta'ing the same degen playbook and reinvent new primitives that people will actually use after LM rewards dry up
2/ Here's some shit that I want to see:
- Composable primitives that aren’t possible in tradfi
- Structured products with real-world use
- Reputation-based primitives

Here's shit I don't want to see:
- leveraged pools
- same primitive, different L1
- ponzinomics yield farming
3/ Innovation means reimagining financial products from first principles, leveraging what blockchain can do that is impossible in tradfi

@AlchemixFi combined yield on Yearn w/ upfront loans
@RariCapital created isolated lending pools
@OlympusDAO created protocol-owned liquidity
Read 9 tweets
jimmy.txt is at mcon 🌊 (🦇,🔊) Profile picture
9 Sep
1/ Summarizing “Algorithmic Insurance” by @0xtuba for @scribedao

TLDR; Smart contract insurance has PMF due to user need (from degens) and deterministic payout from on-chain events, but also has drawbacks due to subjectivity in the claims process
2/ Link btw: tuba.mirror.xyz/72Oo_gd-e_XxyX…

Context: Insurance is an intuitive use case for defi bc (1) immediate payout, (2) objective claims information, and (3) transparency for the claimant

But adoption is hampered by the trustworthy oracle problem for off-chain data
3/ Smart contract insurance has found PMF with @NexusMutual leading the way; @cozyfinance @AnteFinance @riskharbor newer entrants

Each has a different implementation on Payouts and Pricing: from human actuaries to supply-demand interest rate matching against a bonding curve
Read 6 tweets
jimmy.txt is at mcon 🌊 (🦇,🔊) Profile picture
26 Aug
1/ It's here: a megathread on how to get a job in Web3

We'll cover must-dos & 3 scenarios
1) working in CeFi/a big company
2) working in a smaller startup
3) working at a DAO

TLDR; it's all about investing time & energy to showcase your interest before you even apply for a role
2/ First thing before getting a new job is reflecting on ur what ur solving for

Ask yourself
- Why do I want to work in web3?
- What do I want to get out of that experience?

This will help you better prioritize ur search based on sub-industry, mission, size, etc.
3/ When I was looking for a web3 job, I did that exercise & stack-ranked my priorities

- Mission: build smtg transformational
- Industry: i wanted to work in payments
- People: I want to work with crypto natives

U can read more this exercise on my blog: bit.ly/3jibaQI
Read 18 tweets
jimmy.txt is at mcon 🌊 (🦇,🔊) Profile picture
25 Aug
1/ I'm not an art guy - I mainly collect based on provenance and mimetic desire, but I instantly resonated with @ArtbyNafay's Light Streaks collection

So happy to be a holder of one of his pieces
2/ I feel so much emotion when I look at his work. It reminds me of the sleepy sunsets of my travels

Combined with the fantastical nature of my favorite movie Your Name
3/ The fact that this collection is going for an order of magnitude less than his SuperRare pieces made it a must buy for me

Read 4 tweets
jimmy.txt is at mcon 🌊 (🦇,🔊) Profile picture
21 Aug
1/ It started as a tweet (like many awesome things in crypto) -- half joke half serious.

I needed scribes to help me sift through my mountainous stack of 'To Read Soon' bookmarked articles

Now, we're 110% serious and are creating ScribeDAO Image
2/ The problem: too much shit is happening in crypto and way too quickly

It started with core design + trading. Now, crypto is also about art, gaming, governance, coordination games??

It went from tech to money to a social movement w/ political and philosophical implications??
3/ People don't have time to read everything

No one person knows all the different problems and initiatives that are happening in this space — although that doesn't mean we can't try Image
Read 12 tweets
jimmy.txt is at mcon 🌊 (🦇,🔊) Profile picture
11 Aug
1/ People that don't understand the pudgy pengus don't understand the power of mimetic desire & in-group signaling

If there are people that you respect and want to be 'accepted' in their group, you'll likely mimic their behaviors & actions
2/ Mimetic desire is baked into our brains, as an evolutionary mechanism to belong to a group in order to maximize survival

In our modern society, this is reflected in literally 90% of our actions & behaviors: our hobbies, our clothing, our slang

All to belong
3/ For all pfps, there's a sense of signaling. It's the combination of two reasons why ppl are saying that pfp projects are pumping: flexing & community.

Flexing = ur signaling outwardly of being a part of an exclusive group
Community = u reap the benefits of being in the group
Read 9 tweets

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