LexSokolin
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Chime's problem isn't execution.
It's imagination
While global neobanks are building financial superpowers, Chime is optimizing for American subscriptions
The next decade belongs to borderless banking built on stablecoins
I want Chime to win and think even bigger
It's imagination
While global neobanks are building financial superpowers, Chime is optimizing for American subscriptions
The next decade belongs to borderless banking built on stablecoins
I want Chime to win and think even bigger
Remember:
Banks aren't your friends
They're businesses
And you're leaving money on their table
Money market yields > Bank yields
Also stablecoins literally made from money market funds
Banks aren't your friends
They're businesses
And you're leaving money on their table
Money market yields > Bank yields
Also stablecoins literally made from money market funds
Remember when people debated if the internet was useful?
No?
That's exactly how we'll remember web3 skeptics in 10 years
No?
That's exactly how we'll remember web3 skeptics in 10 years
Breaking: Your bank account is a donation to bank shareholders
Meanwhile money market funds are yielding 4%+
Be smarter with your cash
Move it to brokers
Stop subsidizing banks
Also, stablecoins are money markets.
Meanwhile money market funds are yielding 4%+
Be smarter with your cash
Move it to brokers
Stop subsidizing banks
Also, stablecoins are money markets.
The US should have just let all these retailers become Industrial Loan Companies
Commerce doesn't want to pay banks net interest and interchange
Stablecoins disintermediate both payments and deposits by letting retailers use tokenized money market funds, ie stables, for commerce
Commerce doesn't want to pay banks net interest and interchange
Stablecoins disintermediate both payments and deposits by letting retailers use tokenized money market funds, ie stables, for commerce
Circle IPO enthusiasm hits different
But so did:
Robinhood
Affirm
Marqeta
Block
Hope Circle breaks the curse
But so did:
Robinhood
Affirm
Marqeta
Block
Hope Circle breaks the curse
What I like about Web3
- DeFi
- Stables
- DePIN
- DeGPU and DeAI
- Capital markets for Digital Art
- The people making new systems
What I don’t like about Web3
- CrimeFi
- InfoFi
- SocialFi
- GameFi
- Memes
- inflation tokenomic games
- bridges
- The people abusing systems
- DeFi
- Stables
- DePIN
- DeGPU and DeAI
- Capital markets for Digital Art
- The people making new systems
What I don’t like about Web3
- CrimeFi
- InfoFi
- SocialFi
- GameFi
- Memes
- inflation tokenomic games
- bridges
- The people abusing systems
We are entering the age of a new machine economy.
Humans, software machines, and our ever-evolving hybrids are connected through fintech financial networks and anchored to blockchains.
Humans, software machines, and our ever-evolving hybrids are connected through fintech financial networks and anchored to blockchains.
Remember when banks said crypto was dangerous?
Now they're working with regulators to let them issue stablecoins
Funny how that works
Now they're working with regulators to let them issue stablecoins
Funny how that works
Look
Banks had a monopoly on money for 100 years
Now?
💵Stablecoins process $10T annually
🏦Money markets yield 4%+
⏱️DeFi never sleeps
The game changed
No more:
• 0.01% savings rates
• 3-day ACH transfers
• Predatory overdraft fees
• Legacy tech stacks
• Regulatory capture
Either innovate or evaporate
The future is permissionless
Banks had a monopoly on money for 100 years
Now?
💵Stablecoins process $10T annually
🏦Money markets yield 4%+
⏱️DeFi never sleeps
The game changed
No more:
• 0.01% savings rates
• 3-day ACH transfers
• Predatory overdraft fees
• Legacy tech stacks
• Regulatory capture
Either innovate or evaporate
The future is permissionless
Here's what banks don't want you to know:
Money markets outperform savings accounts
Stablecoins move faster than wire transfers
DeFi works on holidays
The emperor has no clothes
Time to build the future
Money markets outperform savings accounts
Stablecoins move faster than wire transfers
DeFi works on holidays
The emperor has no clothes
Time to build the future
Let me get this straight
Coreweave:
• Started in crypto mining
• Pivoted to AI compute
• Now worth $70B+
That's more than:
• Deutsche Bank ($47B)
• Square/Block ($38B)
• Affirm ($17B)
The AI compute gold rush is real folks
Coreweave:
• Started in crypto mining
• Pivoted to AI compute
• Now worth $70B+
That's more than:
• Deutsche Bank ($47B)
• Square/Block ($38B)
• Affirm ($17B)
The AI compute gold rush is real folks
Remember this moment
When a former crypto mining company
Became worth more than Deutsche Bank
The lines between crypto, AI, and traditional tech are disappearing
When a former crypto mining company
Became worth more than Deutsche Bank
The lines between crypto, AI, and traditional tech are disappearing
Not to state the obvious but
DeFi founders build financial legos
AI founders build cognitive legos
Wait until they discover they need each other
DeFi founders build financial legos
AI founders build cognitive legos
Wait until they discover they need each other
DeFi founders 🤝 AI founders
Staying up late arguing about
token economics vs compute economics
Same game different tokens
Staying up late arguing about
token economics vs compute economics
Same game different tokens
The hardest thing about being a DeFi founder?
It's not the code
It's not the market
It's not the competition
It's fighting the feeling that everything could disappear tomorrow because of one regulator's bad mood
That's the real pressure
It's not the code
It's not the market
It's not the competition
It's fighting the feeling that everything could disappear tomorrow because of one regulator's bad mood
That's the real pressure
The 4 most important things to learn in the 2025s:
- Web3
- Artificial Intelligence
- Capital Markets
- Crypto
- Web3
- Artificial Intelligence
- Capital Markets
- Crypto
Remember when
Coinbase was just a Bitcoin wallet
Stripe was just an API
Robinhood was just free trades
Revolut was just a travel card
Now they're infrastructure
That's the power of first principles thinking in fintech
Coinbase was just a Bitcoin wallet
Stripe was just an API
Robinhood was just free trades
Revolut was just a travel card
Now they're infrastructure
That's the power of first principles thinking in fintech
Coinbase → crypto everything
Stripe → payments everything
Robinhood → investing everything
Revolut → banking everything
The super app playbook is writing itself
Stripe → payments everything
Robinhood → investing everything
Revolut → banking everything
The super app playbook is writing itself
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