they pushed the rocket to the limits in this flight
306 karma · joined November 24, 2016
they pushed the rocket to the limits in this flight
Most probably this is driven by their use of it in ChatGPT, which is on fire from PMF. Clearly they're experimenting with the cheaper GPT-4 in ChatGPT right now as it's fairly turbo now, as discussed earlier today.
I also believe that it's the solution to blockchain scaling – this finally lets us have the entire 'web3' have more than the computing power of one single machine.
In the words of Jack Dorsey, wow
1: https://twitter.com/elonmusk/status/1604617643973124097 2: https://twitter.com/paulg
I do it; on Aave you can deposit USDC and borrow USDT against it, earning an interest on USDC and paying interest on the USDT. It currently costs me about 3 APR to short Tether. What's nice is that you can iterate the strategy, e.g. deposit 1000 USDC, borrow 950 USDT, swap this USDT for USDC, deposit the USDC, borrow more USDT...
https://app.aave.com/ offers "E-mode", which lets you borrow stablecoins worth up to 99 % of the stablecoins you deposited.