tarunchitra

OH (market maker): “VCs copy trading into perps exchanges because they have hyperliquid fomo is fine; the hardest part is them pretending to know how derivatives work while also screaming about their incompetence on the timeline. Makes me want to leave crypto forever for AI”

Never had to deal with more irony than my tradfi friends asking me how to trade crude right now while ignoring the substrate (crypto) that solves their issue with a lack of 24/7 stuff

I think even @CliffordAsness might realize the value of not closing weekends now 😂

OH (TradFi person who lost money in multiple hacks):

Crypto in 2021 was the 'Future of Work' but in 2025 it is the 'Future of Unemployment'

OH: "People will only verify cryptographic proofs via failed tool calls"

I've been meh on RWA perps beyond indices + commodities (which make sense given existing demand)

BUT

My switching between Nebius, Lambda, Prime Intellect, etc. to minimize my GPU cost has made me really want a price per token or energy per token perp to lower cost volatility

Main economic lesson AI learns from crypto is there is only one equilibrium
- Birkin Bag (high decentralization, moneyness, etc.)
- Cost effective (lowest fees, MEV, etc.)

OpenAI + Google: Birkin Bags
DeepSeek + Qwen: cost effective

Everyone else is a bad expensive Android

OH (Cryptographer): "There will be a unabomber for reasoning models before there is one for ZK, an ironic fact given history"

Crypto people need to learn from the devex of @vllm_project & @DeepSpeedAI; I have rarely used OSS that can go from 0 to 1 as easily for distributed HPC stuff

Half of the HPC C++ stuff I did in 2016 is 5 lines of Python now 🤯

AI has taken my old job (but created new ones ig)