Founder @psifi_app / Co-founder @directdotdev • PhD @Cornell • ex-Quant • ✍ defibooks.org (top 3 @amazon)🛡️🇺🇸🇩🇰 psifi.app/@jesper

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direct.dev is live! we're on a mission to fix RPC in web3 We can save you money on RPC (up to 90%) while making it a lot more resilient and fast (down to ~0 ms -- yes that's real). DM me for early access, no cost to get started Help us spread the word, please!
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Demos show happy paths. Ops lives in exceptions. PsiFi: working capital for global businesses, settlement finance can book, compliance chart risk can read. psifi.app
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Jesper - jtk.eth retweeted
oh yeah btw guys we can do integer multiplication faster than n log n lol I was definitely very surprised when this one came in lol github.com/openai/math/tree/…
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Jesper - jtk.eth retweeted
Stock options trading is now live on Coinbase for US customers, starting with buying calls and puts, with zero commission for the first month. You should be able to trade everything in one place, with great capital efficiency and liquidity. And over time, it's coming onchain.
Stock options starter pack: ✅ Calls ✅ Puts ✅ Defined risk before you trade ✅ Same app you already have open ❌ Commissions More everything, in one place. Now live on Coinbase.
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"We're about to see an absolute bloom in software development as the price of development plummets and everyone realizes how much automation we still have left to do in this world... Don't go down with the pencils. There's so much to build. We need you." world.hey.com/dhh/over-my-de…
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Rain is now applying to become a national trust bank. The line between crypto companies and fintech / financial institutions keeps disappearing.
Rain has filed with the @USOCC to establish Rain National Trust Bank. If approved, the bank will: 1. Provide fiduciary custody of digital assets and dollars 2. Manage reserves for permitted stablecoin issuers 3. Issue and redeem USD-backed stablecoins Rain will stay a payments platform. It will not take deposits or make commercial loans. Brandon Soto, former CFO of Square Financial Services and most recently CFO of Coastal Financial Corporation, will serve as the proposed President and CEO of Rain National Trust Bank. The public portion of the application will be posted on the OCC's website shortly. Full press release linked below.
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Demos don’t fund payroll. Exceptions do. PsiFi: working capital for global businesses banks sideline—compliance chart included, books that close. psifi.app
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JUST IN: CFTC Chair Mike Selig says "BIG" news is coming.
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Microsoft CEO Satya Nadella wrote that a company renting an AI model “essentially pays for intelligence twice”: Once in money, and again in the proprietary knowledge it has to reveal to make the model useful. This mechanism is called the learning loop: every prompt and correction captures some of the company's know-how. That knowledge is distilled and, with a closed model, the provider keeps that information. If your usage data is worth more than the token cost to serve, providers might end up paying you to use their models. The precedent exists: OpenAI created an opt-in program that gives accounts up to 1M free tokens a day on certain models in exchange for training rights on that traffic. Chips can be rented and algorithms can be leaked or distilled, but the prompts and corrections flowing through a model compound privately for whoever holds them.
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JUST IN: Anthropic has reportedly been “aggressively lobbying” the Vatican to take AI consciousness seriously after Pope Leo XIV declared AI cannot think or feel.
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"If you're not embarrassed by the first version of your product, you've launched too late" @reidhoffman
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Banks say no. Demos say yes. Ops lives in the gap. PsiFi: working capital for global businesses—exceptions first, compliance chart you can show, paths finance can book. psifi.app
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Jesper - jtk.eth retweeted
JUST IN: 🇺🇸 Congress considers expanding crypto rules to allow banks and credit unions to hold digital assets, issue stablecoins, and use blockchain.
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Demos hide exceptions. Ops doesn’t. PsiFi: working capital for global businesses banks sidestep—plus a compliance chart finance can book against. psifi.app
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Jesper - jtk.eth retweeted
BREAKING: The US 30Y Note Yield rises above 5.60% for the first time since June 2002. That’s another +36 basis points this month alone. 8% mortgages will arrive next week.
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Jesper - jtk.eth retweeted
"Slop" has become a comfort blanket for a cohort of programmers stuck somewhere between anger and bargaining on their way to acceptance. There might be some kicking and screaming, maybe a little crying, but eventually you have to let the blanket go and update your priors.
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JUST IN: Morgan Stanley launches an internal lab to test stablecoin payments and DeFi apps
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Introducing Eleven v4 and Eleven v4 Turbo, our fastest and most emotive voice models yet. Ranked #1 by Artificial Analysis.
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Jesper - jtk.eth retweeted
[ ZOOMER ] COINBASE GETS CFTC APPROVAL FOR ITS OWN DERIVATIVES CLEARING HOUSE: BLOG
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Founder note: PsiFi exists because demos don't survive exceptions. Working capital product. Compliance chart up front. Routes finance can close local when banks won't serve the business. psifi.app
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