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Hersh Patel
Verified account This account is verified. Learn more@EulerLagrange
Working on fixing the financial system with reusable KYC. A ruthless empiricist, Co-founder/CEO @OpacityLabs
3.1K Following 2.8K Followers 7.4K Posts
Latest posts 5
Closed frontier models are a dead end for economic growth
Medicine, finance, and law are expensive because every decision carries liability
No one will offload a decision they're liable for to a system that can't show its work
Medicine, finance, and law are expensive because every decision carries liability
No one will offload a decision they're liable for to a system that can't show its work
Dr. Benjamin Franklin, Upon Hearing a Caller Defend the Usurpations of the Great AI Companies, Who Would Gather unto Themselves All Power of Decision
I'm trying to have a life outside of being a founder, heres how its going.
Last week I met a girl at a friends party, shes a lawyer and we talked for a while, she asked what I do for fun outside of work.
A simple question that defeated me, the honest answer was the conversation we were having. My only other hobby is studying financial regulation, specifically the securities laws, and shit posting about it in work group chats, but that was her day job so I had nothing to offer.
I had spent that whole week listening to a banger Peruvian cumbia playlist. In my panic I blurted out "cumbia dancing."
Fun fact about me, I cannot dance. Any fluid motion of the hips sends a shockwave of cringe through my entire body.
This morning I put the mix on and tried to practice the shame out of my body.
The YouTube tutorial wants loose arms but not too much, which I have to manage while ignoring the shock the hip movements send through my nervous system.
at least there will be good music and pleasant company
Last week I met a girl at a friends party, shes a lawyer and we talked for a while, she asked what I do for fun outside of work.
A simple question that defeated me, the honest answer was the conversation we were having. My only other hobby is studying financial regulation, specifically the securities laws, and shit posting about it in work group chats, but that was her day job so I had nothing to offer.
I had spent that whole week listening to a banger Peruvian cumbia playlist. In my panic I blurted out "cumbia dancing."
Fun fact about me, I cannot dance. Any fluid motion of the hips sends a shockwave of cringe through my entire body.
This morning I put the mix on and tried to practice the shame out of my body.
The YouTube tutorial wants loose arms but not too much, which I have to manage while ignoring the shock the hip movements send through my nervous system.
at least there will be good music and pleasant company
Can’t wait until CT learns that the crypto lobby has different incentives than most of the industry.
People just assumed they were fighting for industry as a whole (myself included for awhile), when they were fighting for their own interests.
I’ve been thinking about how founders can get together to fund advocacy for shared policy goals, in a manner where the incentives are to actually succeed.
I mean founders directly, not their investors, founders themselves.
To avoid the issue policy gets less jobs/funding if policy goals are actually achieved.
P.S There are really good crypto policy teams that I respect and I think do it right. This is not a broad critique.
…but it is a critique
People just assumed they were fighting for industry as a whole (myself included for awhile), when they were fighting for their own interests.
I’ve been thinking about how founders can get together to fund advocacy for shared policy goals, in a manner where the incentives are to actually succeed.
I mean founders directly, not their investors, founders themselves.
To avoid the issue policy gets less jobs/funding if policy goals are actually achieved.
P.S There are really good crypto policy teams that I respect and I think do it right. This is not a broad critique.
…but it is a critique
🚨NEW: Former House Financial Services Chair @PatrickMcHenry just delivered blistering criticism of the crypto industry on @BloombergTV for squandering its best opportunity to pass market structure legislation this year:View quoted post on X
“Frankly, you had a crypto coalition that blew it. They had an opportunity to legislate, and they were holding out for something that was unattainable, a perfect piece of legislation. And rather than take something that was good, many of them held out for perfection, and now have ended up with nothing legislatively.”
