Joined May 2009
224 Photos and videos
thomas scaria retweeted
Replying to @bourscheid
No, you don't get it. He does not have $1 trillion sitting in cash, it is 99% stock in his companies. To make that wealth liquid would mean selling all that stock which would swiftly destroy *both* the companies (Tesla, SpaceX, others) and the wealth. If he sold it all, he'd end up with maybe $100b max, several hundred thousand people would be out of work, the companies ruined and many of their suppliers also ruined. Okay, but now Elon has $100b in cash, and can "solve the world's problems". $100b divided by the world's 8 billion people is $12 If you were in charge, several of the most innovative industrial companies in the world would be destroyed, hundreds of thousands out of work, and space would again close to human civilization for another generation. But everyone on earth could have one nice meal and you could revel in your altruism.
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thomas scaria retweeted
Replying to @SenWarren
Elizabeth Warren Annual salary: $285,000 Net worth: $67 million We need an investigation in political insider trading
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thomas scaria retweeted
May 14
We’re restructuring Dune to sharpen our focus around the core data products thousands of customers across the crypto industry rely on. That unfortunately means we’ve let 25% of the team go this week. These are exceptional people I can wholeheartedly recommend — ping me if you’re hiring top crypto talent. Going forward, Dune is all-in on two shifts: AI and institutions coming onchain. All the way back in 2018 Dune pioneered crypto data accessibility, and we’re excited to accelerate that faster than ever with AI. We’re the only player who has done the hard work of building the end-to-end stack for crypto data: ingestion, QA, storage, cleaning, normalizing and querying. With Dune MCP, teams and agents can now build dashboards and workflows without needing to know anything about SQL nor data infrastructure (and associated bills). Dune already serves virtually every leading crypto company, and now also the world’s most forward-leaning financial institutions. As currencies, stocks, bonds, commodities and more move onchain, we’re investing heavily in our data layer and white-glove service to power institutions. For 8 years we've grown through multiple rollercoaster cycles while other data providers have come and gone. We remain well capitalized, excited about the future, and committed to our mission of making crypto data accessible. The Data Must Flow.
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back to square one
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thomas scaria retweeted
I was woken up at 3:47 AM by OpenClaw It sent just one message: "Found 6 markets that will settle in the next 90 minutes. Americans are still asleep. Need approval to deploy $12K." I replied with a yes and went back to sleep Woke up in the morning, and my account had gained: $43,800 I've been running this agent for 9 days It does one thing specifically: Watch for timezone arbitrage I fed OpenClaw a few types of real-time feeds from different time zones: Japan government RSS European Parliament schedule Australian financial alerts Middle East flight tracking Asian central bank announcements Then I gave it just one rule: "Find markets that settle between 2 AM and 6 AM Eastern Time. If the edge exceeds 30%, wake me up." And at 3:47 AM, it actually found 6 markets All settling between 4 AM - 6 AM These markets had one thing in common: The market was still pricing on a "normal rhythm" But when settlement happened, US traders were basically all asleep The official signals from the relevant countries had actually come out early The alerts it pushed to me at the time were: "Japan rate decision - BOJ leak shows YES 68%, Polymarket still at 23¢" "EU emergency vote - Live footage shows YES already leading, Polymarket still at 31¢" "South Korea policy - Government RSS has confirmed, Polymarket still at 19¢" "Australia trade deal - Minister stated publicly 2 hours ago, Polymarket still at 27¢" "UAE production cut - OPEC meeting minutes already public, Polymarket still at 15¢" "Singapore regulation - Parliament session still live-streaming, Polymarket still at 22¢" Its summary was pretty straightforward: Potential edge: $43K Window: 90 minutes Required capital: $12,000 I was half-asleep at the time, phone buzzed once Opened Telegram and saw just one line: "approve or miss" I replied yes, then went back to sleep By 7:30 AM when I woke up, all the notifications had come in All 6 markets settled during morning hours in Asia / Europe While US traders were waking up, the markets were already done My entry prices were roughly: 15¢ - 31¢ Final settlements all hit: 95¢ - 100¢ Profit breakdown: Japan: $8,200 EU: $6,900 Korea: $11,400 Australia: $7,100 UAE: $5,800 Singapore: $4,400 Total: $43,800 Later when I checked the logs, I realized this agent had been monitoring these markets for 8 to 14 hours Constantly syncing official sources Constantly waiting for US traders to go to sleep Then it only struck in that instant: Results overseas were basically confirmed Prices on the US side hadn't updated yet And settlement was already close This edge boils down to something pretty simple: Polymarket is 70% US traders But events around the world never happen on EST time While you're sleeping, the markets keep settling This play of specifically exploiting info gaps during "when Americans are asleep" hours—do you think it's timezone arbitrage, or is it edging into the most basic form of insider advantage? Giving This Free for 24 hours. To get it: 1. Comment the word 'Openclaw' 2. Like and Retweet this post 3. Follow me @marryevan999 (so i can DM you)
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thomas scaria retweeted
Look guys, it's actually really straightforward, a bunch of people staked their ETH on the Ethereum blockchain to earn yield, except they didn't want their capital to be locked up, so they actually staked with a liquid staking protocol called Lido who provided them a liquid staking receipt token called stETH, except they decided to juice their yield further by depositing their stETH receipt tokens into a restaking protocol called Eigenlayer, except they didn't want to lock up their capital, so they actually restaked with a liquid restaking protocol called KelpDAO who provided them with a liquid restaking receipt token called rsETH, except they decided to juice their yield further by depositing their rsETH tokens into a lending protocol called Aave so that they could open a leveraged looping position that borrows ETH against the rsETH collateral and restakes the ETH into rsETH which is then deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero that was hacked by north koreans causing rsETH to become undercollateralized and now these looping positions are stuck and unprofitable, and everyone is pointing fingers at each other, and also DeFi is a very serious industry
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thomas scaria retweeted
Replying to @joshcrnls
build business AI can’t. the new moats are like global entities, regulatory licenses, lobbying nation states, relationship heavy deals. the parker conrad model is sorta it now imo. go go go to some sorta flywheel effect business. capital more important than ever.
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thomas scaria retweeted
Mar 26
Heard live at @Blockworks Digital Asset Summit “Eventually, all asset management will be done through vaults.” - @Matt_Hougan
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thomas scaria retweeted
There are two possible futures: 1. AI companies generate the vast majority of major discoveries and inventions in-house, using their massive data-centers, and capture nearly all the value themselves. 2. AI companies build tools people can use, and the value and glory from the inventions / discoveries accrue to the users. This unleashes a torrent of mathematical discovery and entrepreneurial activity. The latter is the future we believe in and are working to build. The former is the dystopian one.
There are two ways to build AI for mathematics. One is to work in private and surface results after the fact. The other is to put real tools in the hands of mathematicians, learn from real use, engage in public, credit the community you build on, and support the ecosystem itself. We believe in the second model. Mathematics is a profoundly human endeavor. AI should strengthen mathematicians, not route around them. Build with mathematicians, not around them.
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what he said
Mar 19
Paradigm co-founder @matthuang says allocating capital to Bitcoin and Ethereum in 2018 is a lot like investing in the AI sector today: "When we launched Paradigm in 2018, a lot of our thesis was that we knew crypto would expand massively. And then there was this open question — should you invest in the core protocols like Bitcoin and Ethereum, or invest in startups?" "Obviously in hindsight, the answer was both." "I think it's a lot like the AI landscape now, with this question of — do you own the model companies, or do you own the application layer on top? In 2018, Bitcoin and Ethereum were like OpenAI and Anthropic, and those are the things to own."
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thomas scaria retweeted
I'm a bit late but it's so clear that blockchains are built for agents. Haven't had a product experience this magical since trying Compound MakerDAI for the first time in 2018
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can’t keep a good man down. legend.
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thomas scaria retweeted
We are making three key hires @NorthIslandVC 1) VC Associate to work with me to find and back the best startups in crypto. 2) Equity Research Analyst to work with @samuelmandrew to find the best public markets opportunities, particularly in equities. 3) Software Engineer to work with our stellar CTO on building bleeding edge AI tools All jobs and applications can be found at the link below northisland.ventures/jobs
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so you finally learned about Jane Street eh
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thomas scaria retweeted
Feb 24
Jane Street made $10 billion in trading revenue in a single quarter. For scale reference- thats more than Goldman, JP Morgan, Citi, or Bank of America managed in the same period They got banned from India’s stock market last year for manipulating a national index. They seized $570 million and called them “not a good faith actor that deserves to be trusted” Today they’re being sued for insider trading that helped trigger the $40b Terra collapse. And because they’re classified as a trading firm and not a hedge fund, they’re exempt from the disclosure rules that would force them to show you how they actually make their money. This is also the firm that handles BlackRock’s bitcoin ETF, btw
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thomas scaria retweeted

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thomas scaria retweeted
2026 outlook for Mantle looking extremely good here. Accelerating the RWAvolution, on and offchain, as one. Featuring our goated ecosystem builders, founders and leaders from @worldlibertyfi, @xStocksFi, @DigiFTTech, @ConcreteXYZ, @lorexyz.
Mantle State of Mind: Ep.06[Consensus HK] x.com/i/broadcasts/1mnxeNgVb…
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