E180: KAST Founder: Most crypto neobanks will be gone in 12 months @raagulanpathy is the founder and CEO of @KASTxyz , a global stablecoin neobank, and a former Circle exec. He raised $80 million at a $600 million valuation on the thesis that the real prize isn't the stablecoin - it's the bank you build on top of it. We get into the money, the grind, and the token decision that pissed a chunk of his community off. Timestamps 00:00 Introduction 01:58 How Raagulan Decides What Gets Done At KAST 04:35 The Chaos KAST Employees Deal With Daily 05:38 Raagulan's Hiring Philosophy At KAST 07:02 Why Firing Is Harder Than Hiring 08:35 The One Error That Could Kill KAST 09:52 How Raagulan Convinces Stablecoin Skeptics 10:46 What Outsiders Miss About The Payment Industry 12:06 Why KAST Needs So Many Different Departments 18:32 Partnerships: @variational_io & @Bitwise 19:24 Raagulan's Real Take On Fees 21:55 KAST's Best Type Of Customer 23:53 The Thing Raagulan Can't Say Publicly 26:54 Founders Can't Chase All These Three Things At Once 29:04 Raagulan's Experience With GLP-1s 31:39 How KAST Kept Growing When Bitcoin Crashed 50% 34:05 KAST Is On Track For $100 Million In Revenue 36:55 Why KAST Hasn't Blown Up From Overspending 41:04 Why Everyone's Racing To Build Neobanks 42:52 What Makes Neobanks So Hard To Build 44:54 Why Neobanks Keep Shutting Down 45:57 What KAST Offers That Exchanges Can't 49:14 KAST Isn't A Card Business 50:43 How KAST Is Building Momentum 54:57 Raagulan On His Competitors 56:29 Partnerships: KAST & @Trezor 57:33 Kevin's Honest Take On KAST 58:59 What KAST Is Doing With the $80 Million they raised 01:01:55 Would Raagulan Ever Sell Equity? 01:06:57 Who Buys In At A $3B Valuation Next? 01:08:39 Is Your Money Actually Yours Inside KAST 01:10:49 What Happens To Your Money If KAST Collapses 01:17:38 Custodial Vs Self-Custodial: Pros And Cons 01:19:52 Why KAST Obsesses Over Design And Brand 01:22:42 Partnerships: @JupiterExchange & @ethena 01:23:26 KAST Points & Token: Should The KAST Community Feel Cheated? 01:34:13 What's Actually Behind This Tokenized Stock? 01:35:25 The Hill Raagulan Will Die On 01:36:41 One Prediction That Comes True In 5 Years 01:37:59 Is The Worst Behind Us In Crypto? 01:42:57 The One Thing To Remember From This Conversation 01:45:16 Closing Thoughts

The Circus Telegram Bot is now open to everyone 🥳 To celebrate, we're giving away $1,000 (10 winners × $100). How to enter: 1️⃣ Open @CircusFYIBot on Telegram and send /start 2️⃣ Run /odds <site> <sport> and screenshot the result 3️⃣ Quote this post with your screenshot Good luck! 🍀

Turns out, people like having a little more upside in the things they already do. Trade. Swap. Play. Pay. Earn. And get a shot at $1M+ in prizes. More apps are bringing Megapot into their experience.

who's going to singapore??? see you there @phantom @joinbingbong comment if you need that invite 😏

tomorrow.

It's been brought to our attention that multiple individuals have found Clipur.ai It is our unreleased product that allows anyone to launch viral distribution Trained on 500+ successful campaigns accumulating in billions of views and tens of millions of dollars in business value We were not planning on releasing or announcing this yet, but we needed to shed clarity on some nefarious accusations that have surfaced recently

We've spent three years talking about AGI as if it is something happening to us. A black box that thinks, decides, and one day replaces us. I've spent those years inside the box, and I'm just going to tell you straight up, it's not magic. Models are each good at some things and poor at others, wrapped in products designed to make you forget there's engineers making it feel that way. That's where the real rubber meets the road. Not whether AGI arrives, but what we build it as. One path is we hand over the work, the judgment, and eventually the reason to get up in the morning. Big labs are convincing us to automate ourselves out of our own lives, one convenience at a time. The other is we build it as a tool. Something you pick up, use with intent, and put down. That path needs a different way of using AI, not just a better model, but as a new type of AI product. So I made three early decisions when building Potentially, got to work, and never looked back. The model is not the product. Change the model anytime, or the modality, halfway through a thread and the context holds. This lets you text drafts with Deepseek, generate images with Nano Banana, and build 3D models with Trellis, in one chat. One thread, and you're the one directing it. One balance for everything. No separate account, subscription, so you can test out new models without giving your credit card details to 100 different AI companies. Your chats stay on your device, because a tool doesn't need to remember everything about you to be useful. Sovereign AGI, will require us to all remember the value of our attention, our thoughts, and back the future we want to see. These engineering problems can all be solved by building carefully. That's what the Potentially app is, an attempt to forge a new path. It's now live on iOS and web at Potentially.com Create Anything. Protect Everything. Now it's time to get it in the right hands.