mcmaxims retweeted
Palantir's CEO just exposed Sam Altman and Dario Amodei for robbing every Fortune 500 company.
Within two minutes, Alex Karp took the entire frontier AI industry apart on national television.
His exact words:
"Every single enterprise in this country, these people are LIVID. They are paying for tokens that create no value. These people are stealing the weights and alpha of my business."
He literally said the entire frontier AI business model is intellectual property extraction dressed up as a subscription.
Then he also destroyed the pricing model with a single question that Silicon Valley still refuses to answer:
"If it was so valuable, let's say I can make you $1 billion tomorrow. Wouldn't I say I'll make you $1 billion and I want 30 percent? Why are they charging for tokens if it's so valuable?"
That question breaks the industry.
If OpenAI and Anthropic's models truly delivered the productivity gains the labs claim, they would take equity or a share of the profit they generate. They would not sell access by the million tokens.
Token pricing is itself the CONFESSION that the product cannot produce reliable value at scale. If it did, they would price for the value. But they price for the compute because that is what they are actually selling.
Karp went even further...
He called the entire arrangement "a wealth tax that does not help the poor. It just punishes."
American businesses are transferring the alpha of their operations, meaning the workflows, the customer data, the strategy memos, the internal models that make them competitive, directly into the training pipelines of a handful of Silicon Valley labs. Once those labs retrain, the customer's own edge becomes the next enterprise product sold back to their competitors.
And the part the AI industry does not want anyone thinking about:
Every enterprise running its confidential documents, its customer conversations, and its financial models through a frontier model is potentially teaching that model HOW to replace them.
The vendor collects the token fee AND the compounding intelligence about that customer's business. That is the mechanism. And that is why Karp used the word "stealing."
He claims this is why every executive he meets is furious in private and silent in public. Nobody wants to be the CEO who called out the labs and then discovered their next competitor was built on their own leaked workflows.
The entire AI industry has been priced for perfection on one assumption:
That frontier labs produce durable, defensible value that justifies infinite compute spend.
But Karp just told us that the customers do not believe that assumption anymore. They believe they are being taxed without benefit, watched without consent, and copied without recourse.
The moment enterprises stop believing, the whole valuation stack shakes.
Back on placing some predictions on @alphaarcade again
Starting with small ones for the warm up.
mcmaxims retweeted
Does it mean anything?
HOGSWAP route aggregator live on app.liquihog.com aggregating through multiple dexes. Still working on some more optimizations and adding more pool types. Nice starting benchmark swapping 1,000 solana:EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v to algorand:native and only going to get better.
We used no connected wallets to benchmark the base rates for the route aggregators for normal users. feel free to run your own comparisons
Still need to add stable pools and lending pools so efficiency will continue to grow. But starting with CP pools for STAMM, pactfi, and tinyman v2 it seems like its doing pretty dam good
Discount model used for routing fees is a base 0.05% fee on output per swap. every 1 HOG discounts it by 1% so 100 HOG is a free aggregator.
As things develop that might change, but for now things are live and running smoothly
#Algorand #DeFi #HOGSWAP
mcmaxims retweeted
Its pig pets and belly rubs time to tell them good night! Low light with just my phone so the video feed can get a little fuzzy.
@mcmaximz I know you were looking forward to this one, enjoy!
mcmaxims retweeted
#Algorand community, I am putting out a call for assistance, much as I hate to do so. I have lost most everything as of now due to the Algoblow website rekey attack, for which I am ashamed and contrite to have fallen for. If any of you have it in your heart to contribute, I have a second account fuel.moonjuice.algo that can accept funds. The actual wallet address is CAPNOR6NRE5KJUPGOOYWRIONENOTS2JRJRSAK77UTM4TYFZPP7DIQ42EPM. The reason I am asking this is that I have over 200 animals I care for on my farm that cost around $700 a month to provide basic feed and care for and my Algorand account is what I used to provide for their expenses and my living expenses, which is now gone.
I have some other assets I can sell off for funds and will do so, as well as trying to sell off my animals or harvest them for meat, and I am applying to jobs to try and attain whatever employment that I may be able to get, but if any of you can spare some Algo or USDC to help me rebuild in the meantime I would be grateful and thankful for any assistance you can provide.
Sorry to have to be like this, and I promise never to click on an unknown wallet connect ever again, I've been out of work for three years plus now, have lost my former brokerage licenses, now have a farm that costs more than it earns, have hundreds of animals under my care, and I have few real options right now to rebuild my Algo account as I have no income. If you can help out in my time of need I will not forget it. Again, I am so sorry I fell for this scam. I feel only pain and regret over what happened. Thank you all for your time and attention and I appreciate you all. Love to the Algofam and hate to the scammers.
mcmaxims retweeted
🔥🔥
JUST IN: Prediction market @alphaarcade is 3rd in weekly transactions. Only behind Polymarket & Kalshi.
This puts Alpha Arcade in front of other prediction markets like @opinionlabsxyz @MyriadMarkets @trylimitless and others!
While the argument for platform sustainability seems beneficial at first glance, it is flawed at its core. Let me explain.
I see $TINY holders calling it a good move, because "MORE BURN," like flies attracted by a flashlight. Very delusional.
Generally, companies tend to increase their revenue by releasing new products and expanding their offerings. Newest generation products have a higher margin while margin for older -mass adopted- products decreases, making them even more accessible.
In Tinyman's case this would mean developing new AMM protocols and adding more valueable products. But, they still stick around with a years old AMM contract, without having released anything meaningful in the recent years.
Now, to compensate a lack of development, they increase the fees for their basic and only real product, which is technically outdated.
Their current AMM contract is an old Toyota, when people can drive Lambos, for even less fees elsewhere.
We have seen major developments from other DEX teams, they have clAMMs, dynamic fees, multi-token pools (...). A wide range of products which could have been developed by the Tinyman team too, they had years to do so. Also platform volume was sufficient to pay devs. But the only user facing product Tinyman released besides basic AMM pools is limit orders ... wow
Nothing significant was released besides this and a broken governance system.
For example, implementing different fee tier pools would increase platforms competitiveness and capital efficiency, and protocol revenue, but at least 20%!
Technically, it's not hard to do, and would increase tinymans efficiency and competitiveness instantly! Also increasing platform revenue by at least 20%
This is a low hanging fruit, the team refuses to grab.
I was suggesting to implement different fee pools 1.5 years ago already.
1 year ago I created a governance proposal, which was received very well by the communitiy and holders. It took another 8 months, until the team has shown a reaction. They implemented it ... in their "longer term roadmap." At this point, I don't need to argue why this is laughable.
You can't even blame Algorands DEX volume, because the Team also didn't develop new trading tools when volume was at ATH.
Maybe they will release something good, at some point. But for now, factual evidence seems not to support this fact.
I loved Tinyman from the beginning and also invested (and locked) a good amount of tokens for 4 years. Just in case, anyone comes to the idea I am trying to fud. It's just reality.
I think it's a good step towards the longevity of our ecosystem if the community stops living in a dream bubble. Dreams only come true if you .. do something.
Have a nice day everyone 👋
Wait, does this mean that if Tinyman had changed a few variables in its contract, platform revenue could have increased by 20%, fully offsetting the current fee increase? The platform would then generate the same revenue as it does now after the "great beneficial increase," while remaining more competitive?
Yet their leaders chose to take a step backward
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mcmaxims retweeted
Listen, I get that Solana is currently 'winning'
I'm not blind.
The ecosystem is booming.
FireDancer is impressive.
Alpenglow is potentially a game-changer.
It's one of the most used networks right now.
But here's what actually matters:
How. We. Got. Here.
And that foundation? Built on lies.
Let's review the receipts:
🔸Lied about circulating supply, tried to cover it up
🔸Misrepresented TPS until backlash forced explorer changes
🔸Inflated TVL by over 2x to attract capital
🔸Prints $10-$15M daily in new tokens
🔸Network stopped working 8-13 times depending on who counts
🔸FTX/Alameda controlled ~16%+ of supply
🔸Over 90% of stablecoin volume exposed as fake
🔸42-66% of revenue comes from MEV 'tips'
🔸95-98% of txs are consensus spam and bots
🔸$48B in wash trading volume from one wallet in 2 days
Every. Single. One. Verifiable.
Now watch the responses:
"But everyone does it"
"Old FUD"
"Ngmi staying poor"
Same people will tweet next week asking why institutions won't touch crypto and retail thinks we're all scammers.
You know why?
Because we ARE acting like scammers.
Ignoring fraud because your bags are up is the exact behavior that keeps this space in the gutter.
You want real adoption? Real legitimacy?
Start demanding real transparency.
Or keep celebrating the pump while wondering why Web3 never escapes the casino narrative.
Your call.
mcmaxims retweeted
"Algorand and Silvio Micali don't get enough credit for what they did for the industry as a whole, as pioneers:
Introducing the Pure Proof-of-Stake (PPoS) consensus mechanism
Achieving immediate transaction finality without forks
Providing a foundational, quantum-secure blockchain that meets standards like ISO 20022 compatibility
Setting new benchmarks for speed, scalability, and security, and truly providing a reliable backbone for the next generation of global finance and everything that will come out of that."
Algorand $ALGO
@_NodeKeeper_ I remember you sold approximately at 11$ too
What’s your buyback price target?
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