founder and exec chairman of @bitpanda

Joined November 2014
190 Photos and videos
Eric Demuth retweeted
.@BernieSanders , it is a time to celebrate. @elonmusk has created enormous value for society by building @SpaceX, driving down the cost of rocket launches and creating a global satellite communication network that has brought high speed, low-cost internet and communication access to hundreds of millions and eventually billions of people along with critical advantages for our military and our nation’s defense. SpaceX and its technologies will cause an acceleration in the growth of wages and wealth creation globally, including in some of the poorest communities in the U.S. and around the world. Access to low-cost, high speed communications everywhere will allow children around the world to be educated, families to build businesses, and life-saving medical knowledge and care to be available everywhere. SpaceX will materially bring down the cost of compute, advancing AI and humanity. Meanwhile, 4,000 SpaceX employees yesterday became millionaires, including hourly wage employees who you claim you are trying to help. The Elon Musks of the world drive growth, global GDP, and provide access to goods and services at lower cost that would otherwise not exist. Elon’s nominal trillionaire status is due to his ownership of SpaceX, Tesla, Neuralink, the Boring Company and his other initiatives that have brought new technologies that improve our everyday lives. Elon is not sitting on a trillion dollar pile of cash, jewelry and gold. He is using his controlling stakes in his companies to advance mankind. Elon’s companies don’t pay dividends. They reinvest all of their capital to accelerate innovation and value creation. Elon is working 24/7 for all of us. He deserves respect and appreciation, not smears. Bernie, your socialism would never allow a SpaceX to be built. Socialism has only proven to impoverish mankind and lead to death and destruction. We need to create the conditions for more SpaceXs to be built, not attack the great entrepreneurs who are helping to advance our country.
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Very true.
it's not lack of compute that's the issze. it's that in Europe, it's unthinkable to pay a guy in his mid 20s $600k salary and give him resources and freedom to train models without having oversight by a committee of gerontocratic professorswho don't keep up with the research
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Funny, but we all know it is true
If the EU built Claude
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I want to build the next generation of our Crypto Card and I need your help to make it outstanding. Right now, you can already spend over 700 cryptos globally with the Bitpanda Visa Card, seamlessly, without any prefunding, directly from your Bitpanda wallet. Groceries with Stablecoins, coffee with DOGE or Bitcoin, whatever you prefer. You can switch the crypto asset anytime. Our users have loved this product for years because it gives them maximum flexibility. But for the next version: what features and goodies would you want to see?
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Bevor jemand fragt: Ich bin selbstverständlich gegen die Abschaffung der Haltefrist in Deutschland auf Bitcoin bzw. Krypto. Das war damals bereits ein Fehler der Regierung in Österreich und Deutschland sollte dies keinesfalls nachmachen. Das werde ich der Politik auch so kommunizieren.
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Eric Demuth retweeted
New Week, new Leaderboard
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Siemens: Europa droht bei KI-Investitionen leer auszugehen Wegen überbordender Regulierungen (EU AI Act & Data Act) will Siemens den Großteil seiner 1-Milliarden-Euro-KI-Investitionen in die USA leiten statt nach Europa. CEO Roland Busch: Die Regeln verfehlen ihr Ziel und behandeln industrielle KI wie Verbraucher-Apps bloomberg.com/news/articles/…
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We just launched Bitpanda Fusion fully integrated inside the Bitpanda App. An exchange with the highest liquidity globally across 2,000 trading pairs. Switch seamlessly between broker and Fusion in one interface. By aggregating order books from the world’s largest exchanges into one unified market, directly on Bitpanda. No routing. No fragmentation. Fully MiCA compliant. Super low fees from 0.02%. PS: API access for AI agent builders and pro traders coming soon.
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I became such a fan
Apr 14
We've redesigned Claude Code on desktop. You can now run multiple Claude sessions side by side from one window, with a new sidebar to manage them all.
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Was ist da los @AmarCoDTV @Rumathra @Trymacs und vor allem @krokoboss1090 😂
Week 9 👽 Two leaders are crystallizing at the top
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Eric Demuth retweeted
🧬 Ready? 15.04.26
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Eric Demuth retweeted
Claude: "I estimate this will take 1-2 weeks to complete" Me:
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Can't wait
We released Claude Opus 4.6 just two months ago. Today we're sharing some info on our new model, Claude Mythos Preview.
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Eric Demuth retweeted
BREAKING 🚨: Germany Germany's share of Global GDP expected to fall to 4% by 2030, the lowest level in AT LEAST half a century 🤯👀📉
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Eric Demuth retweeted
Vision is now in focus. The Bitpanda DeFi Wallet is officially evolving into Vision Wallet. Same features. Same security. New name. Get ready to see a lot more Vision in your life.
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20,000,000 Bitcoin mined. 1,000,000 left. Next million will take 114 years. Meanwhile central banks can create trillions in a weekend. Bitcoin is the hedge.
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Whoever abandons their pet in Dubai or wherever and leaves the country: I have nothing but disgust for you. If you can cowardly abandon an animal that depends entirely on you, you should never be allowed to have pets again. I genuinely hope every single person who does this gets banned for life from ever entering the UAE again.
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Hard truth: If you don’t go all in on AI and learn to master it, your career will end sooner than you think. Be ahead of the curve! And yes, Europe won't be an exception. Regulation slows the clock. It doesn’t stop it.
Feb 26
we're making @blocks smaller today. here's my note to the company. #### today we're making one of the hardest decisions in the history of our company: we're reducing our organization by nearly half, from over 10,000 people to just under 6,000. that means over 4,000 of you are being asked to leave or entering into consultation. i'll be straight about what's happening, why, and what it means for everyone. first off, if you're one of the people affected, you'll receive your salary for 20 weeks 1 week per year of tenure, equity vested through the end of may, 6 months of health care, your corporate devices, and $5,000 to put toward whatever you need to help you in this transition (if you’re outside the U.S. you’ll receive similar support but exact details are going to vary based on local requirements). i want you to know that before anything else. everyone will be notified today, whether you're being asked to leave, entering consultation, or asked to stay. we're not making this decision because we're in trouble. our business is strong. gross profit continues to grow, we continue to serve more and more customers, and profitability is improving. but something has changed. we're already seeing that the intelligence tools we’re creating and using, paired with smaller and flatter teams, are enabling a new way of working which fundamentally changes what it means to build and run a company. and that's accelerating rapidly. i had two options: cut gradually over months or years as this shift plays out, or be honest about where we are and act on it now. i chose the latter. repeated rounds of cuts are destructive to morale, to focus, and to the trust that customers and shareholders place in our ability to lead. i'd rather take a hard, clear action now and build from a position we believe in than manage a slow reduction of people toward the same outcome. a smaller company also gives us the space to grow our business the right way, on our own terms, instead of constantly reacting to market pressures. a decision at this scale carries risk. but so does standing still. we've done a full review to determine the roles and people we require to reliably grow the business from here, and we've pressure-tested those decisions from multiple angles. i accept that we may have gotten some of them wrong, and we've built in flexibility to account for that, and do the right thing for our customers. we're not going to just disappear people from slack and email and pretend they were never here. communication channels will stay open through thursday evening (pacific) so everyone can say goodbye properly, and share whatever you wish. i'll also be hosting a live video session to thank everyone at 3:35pm pacific. i know doing it this way might feel awkward. i'd rather it feel awkward and human than efficient and cold. to those of you leaving…i’m grateful for you, and i’m sorry to put you through this. you built what this company is today. that's a fact that i'll honor forever. this decision is not a reflection of what you contributed. you will be a great contributor to any organization going forward. to those staying…i made this decision, and i'll own it. what i'm asking of you is to build with me. we're going to build this company with intelligence at the core of everything we do. how we work, how we create, how we serve our customers. our customers will feel this shift too, and we're going to help them navigate it: towards a future where they can build their own features directly, composed of our capabilities and served through our interfaces. that's what i'm focused on now. expect a note from me tomorrow. jack
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Eric Demuth retweeted
Replying to @sabinedoering
In der USA sind die meisten Menschen enthusiastisch. In Europa werde ich beschimpft, Leute schreien REGULIERUNG und VERANTWORTUNG. Und wenn ich wirklich hier eine Firma baue dann kann ich mich mit Themen wie Investitionsschutzgesetz, Mitarbeiterbeteiligung und lähmenden Arbeitsregulierungen abkämpfen. Bei OAI arbeiten die meisten Leute 6-7 Tage die Woche und werden depentsprechend bezahlt. Be uns ist das illegal.
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I am totally locked in after experiencing the power of Claude Cursor. I have built Bitpanda for 12 years without any ability to code. Always trying to express my ideas to builders. Now I can build an MVP within a day on my own. This is a total game changer.
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