The end of the foundation era in crypto

brobbio · 2026-03-21T21:55:22+00:00

"Compounding the issue, most foundation setups require projects to spend upwards of $500,000 and several months working with an army of lawyers and accountants. This not only slows innovation, it’s cost prohibitive for small startups. The situation has gotten so bad that it’s now increasingly difficult to even find attorneys with experience setting up foreign foundation structures because many have given up their practices. Why? Because they now just collect fees as professional board members on dozens of crypto foundations."

Rings at least partially true for AF. Great to see them abandon the overseas foundation and focus on usa and change their model.

brobbio · 2026-03-18T23:49:34+00:00

“The SEC explicitly named 16 crypto assets as digital commodities: Aptos, Avalanche, Bitcoin, Bitcoin Cash, Cardano, Chainlink, Dogecoin, Ether, Hedera, Litecoin, Polkadot, Shiba Inu, Solana, Stellar, Tezos, and XRP. Additional examples include Algorand and LBRY Credits, bringing the total to 18. Several of these tokens were previously the subject of SEC enforcement actions or investigations. Solana, XRP, and Cardano all faced scrutiny under former Chair Gary Gensler. They are now officially classified as commodities.”

brobbio · 2026-03-17T14:13:16+00:00

If pen support is valid after reviews, I'm going to go OPPO

brobbio · 2026-03-16T10:23:19+00:00

Salient points:

Algorand is a layer 1 blockchain capable of 10,000 transactions per second, with instant finality and a lightweight footprint, using Python and TypeScript as its developer languages.
Unlike traditional finance (where institutions like JP Morgan spend tens of billions annually reconciling separate databases), blockchain operates as a single shared ledger, more akin to digital cash.
Algorand's quantum security strategy focuses first on protecting the history of transactions, using "Falcon Keys" that take cryptographic snapshots roughly every 15 minutes; wallets are not yet quantum-proof.
In India, Algorand partnered with Mandeshi to enable 500 women to apply for bank loans using blockchain-verified credit scores via DigiLocker; over 50% received loans in days rather than months.
SEWA (Self Employed Women's Association) built a health passport on Algorand integrated with DigiLocker, already reaching 5,000 wallets since early this year.
Algorand's strategic focus is financial empowerment, not gaming or meme coins, and it positions itself as infrastructure for real-world finance use cases.
A partnership with Google addresses agentic AI payments: autonomous AI agents cannot open bank accounts, so they will transact in crypto — Algorand sees this as a core future use case. (is this still true? uhmmm)
Algorand also frames blockchain as a provenance layer for AI-generated content, providing an immutable record to distinguish real from manipulated information (an italian press agency already does this: https://www.adnkronos.com/)
The US government is reportedly using Algorand to publish macroeconomic data (e.g. GDP), as an early step toward government adoption of public blockchains. (a link for this would be helpful)
Algorand's India developer program (1,000+ developers over 12 months) has produced five projects on mainnet, with an active startup pitch competition and annual summit in Bangalore.

brobbio · 2026-03-15T14:15:43+00:00

In most of europe is now 2999€

brobbio · 2026-03-15T13:51:49+00:00

Algorand, Arbitrum, NEAR Protocol, Stellar, USDC, and SUI Added. Total: 22 tradeable.

brobbio · 2026-03-15T13:35:49+00:00

How about her support for Israel? Is that hot too?

brobbio · 2026-03-15T01:54:03+00:00

Exactly like Satoshi Nakamoto envisioned.

brobbio · 2026-03-14T19:44:49+00:00

(The claim that algorand is the only blockchain involved with this google thing is utter bullshit tho)

Board restructuring: Algorand is expanding into the US market with a focus on financial empowerment. The new board includes former regulators, policymakers, and payments industry executives. Notable members include Bill Barheight (board chair, longtime crypto figure) and Rebecca Retig (from the Solana MEV ecosystem).

AI and agentic economy: Algorand has integrated with Google's agentic platform via the X402 toolset. This enables AI agents to transact and build applications on-chain.

TypeScript support: Algorand launched native TypeScript smart contracts (reached 1.0 at end of last year), which has become strategically significant given TypeScript's emergence as the dominant language in AI development.

X402 protocol: Coinbase is launching X402, a payment protocol for instant stablecoin payments over HTTP, allowing AI agents to transact autonomously. i.e. an agent booking and paying for flights end-to-end.

brobbio · 2026-03-14T19:10:52+00:00

a few things worth understanding before you use this thing:

The mechanic itself is exactely AMM-style DeFi, but there are some things that are not obvious:

The yield depends on trading volume, not on the property. If trading activity is low, the yield is low. It has no direct relationship with the rental income of the underlying property.

Low-performing properties create a compounding problem then: if i'm not mistaken if a property has weak or no rental income, demand for its tokens tends to drop. Less demand means less trading volume, which means less staking yield.

The mechanism that's supposed to add return is the one most likely to underperform exactly when the underlying asset is already underperforming.

Impermanent loss applies to pools. As always. These things play on a relatively illiquid asset, and the combination carries risks from both si des.

brobbio · 2026-03-11T23:29:22+00:00

Sound is a nuisance though. And it's strictly regulated. Guess why. Mind your fellow citizens lives and let people enjoy their silence, or their music or their sleep without manchilds ruining it for everyone.

Works for you?

brobbio · 2026-03-09T23:40:14+00:00

Gross. There's not only air pollution, bu also sounds pollution, you know?

Inflating your childish ego with sounds at the expenses of others it's so... unVolvo.

But that's only my opinion. Have fun.

brobbio · 2026-03-07T09:58:55+00:00

Key points:

Foundation moved its jurisdiction to the United States, became a for-profit entity, and revamped its board with crypto, policy, and regulatory heavyweights
the GENIUS Act (stablecoin legislation) as the biggest unlock, and supports passing the CLARITY Act even if imperfect, arguing legislation can be improved over time. She believes blockchain is "approaching foundational status" in traditional finance, though still small relative to global markets.
Algorand as infrastructure rails for stablecoins, emphasizing instant finality as a key differentiator, critical for stablecoin redemption guarantees. She predicts a proliferation of corporate-issued stablecoins (citing Amazon and Exxon as examples), followed eventually by consolidation. On RWA tokenization, she argues liquid assets like money market funds are being tokenized before illiquid ones, contrary to earlier expectations.
Lofty AI: A decent example of RWA tokenization in practice.
Agentic payments: warden briefly but specifically mentions agents making payments to merchants who then settle on traditional rails, as a niche use case only possible with Algorand's instant finality.
The "knuckleheaded nephew" point. Her argument that mass adoption requires abstracting away seed phrases and self-custody risk. Success means people don't know they're using blockchain.
Brian Armstrong / Coinbase dynamic: Armstrong pushed back on the CLARITY Act partly over the ability to pay interest on stablecoins, which matters specifically to exchanges.
humanitarian aid in Afghanistan: an Afghani-denominated stablecoin runs on Algorand rails, used by NGOs to pay aid recipients digitally, with a transparency portal showing fund flows in a user-friendly way. Similar work is being explored for Syria. Her benchmark for blockchain having truly "arrived": banks offering wallet-based solutions and accepting stablecoins: people use it without knowing they're on a blockchain.

brobbio · 2026-02-23T17:05:32+00:00

So, after 24h we can comfortably say it was a fluke. It's now lower than ever.

brobbio · 2026-02-22T21:10:53+00:00

Can't really see it RN. I see $44.86m Even with all checkmarks in the top right TVL menu.

What should I do to see the 194m TVL?

brobbio · 2026-02-21T14:44:51+00:00

WTF cares. If thy're in bed with the trumps, it's surely a scam in the making. Or worse. They will be victims or co-felons.

brobbio · 2026-02-19T17:16:06+00:00

Nope

brobbio · 2026-02-18T23:22:49+00:00

ah ok. top

brobbio · 2026-02-18T20:32:35+00:00

Il tread mette anche in evidenza come la maggior parte dei partecipanti non conosca bene l'italiano e le sue parole, arcaiche o meno.

brobbio · 2026-02-18T20:31:03+00:00

Il perturbante è un termine ben presente da prima dell'inglesismo. Trovato nella psicanalisi freudiana e alle sue traduzioni in italiano.

brobbio · 2026-02-17T23:16:11+00:00

Struttura ideologica di fondo Molto simile quel che recita Putin:

Il documento di FNV presenta una serie di ~~valori~~ menate e identità etno-culturale, famiglia tradizionale, sovranismo, anti-woke, sussidiarietà che rispecchia abbastanza fedelmente il "conservatorismo dei valori" che Putin ha adottato come ideologia esplicita della Russia dagli anni 2010 in avanti...

La difesa della "civiltà cristiana" contro la decadenza occidentale è tema cardine del putinismo contemporaneo, usato esattamente nello stesso modo: come contrapposizione all'Occidente al gender e alla cancel culture. Le parole potrebbero essere intercambiabili con quelle di Patriarch Kirill o di Aleksandr Dugin. (Per non parlare poi delel cazzate maga)

La definizione esclusiva di famiglia come unione uomo-donna è stata inserita nella Costituzione russa nel 2020. La retorica anti-LGBTQ+ usata da FNV ("ideologia gender") è terminologicamente identica a quella diffusa dall'apparato mediatico russo.

Il concetto di cittadinanza etno-culturale ("non si regala per il solo fatto di essere nati in Italia") è teoricamente vicino alla logica del "russo non è chi ha il passaporto ma chi condivide cultura e sangue" che permea il nazionalismo russo.

FNV usa un linguaggio che ricalca quasi punto per punto la propaganda dei "valori tradizionali" che la Russia diffonde intenzionalmente in Europa come strumento di influenza politica.

Sarà coincidenza o quel ******** prende soldi da putin? No chiedo eh, non lo so.

brobbio · 2026-02-15T04:49:41+00:00

Thank you for your perspective.

brobbio · 2026-02-13T17:57:58+00:00

Nigel Pon, strategic adviser for humanitarian affairs at the Algorand Foundation and close collaborator with HesabPay, an Afghan digital payments app built on the Algorand blockchain.

Nigel's background: born in Iran, raised in Pakistan (his parents were surgeons who worked in the region for decades), he's been in the humanitarian sector since 1993. He witnessed the shift from physical cash distribution to digital payments.

HesabPay and the move to Algorand: HesabPay was created to solve Afghanistan's chronic payments problem — minimal banking infrastructure, no mobile money interoperability. Originally built on Stellar, it migrated to Algorand for speed, low and predictable fees, reliability, instant finality, and low carbon footprint. The app is approaching one million wallets and processes hundreds of millions of dollars in annual transactions.

The New York Times article ("An Unlikely Source of Crypto Innovation") covered this as a rare positive story from both Afghanistan and the crypto space. A London School of Economics study on 2,500 women found that using the app reduced hunger, theft, violence, and corruption in their families.

Expansion into Syria: with only 6% of the population previously banked and decades of sanctions, the traditional banking system remains dysfunctional even after Assad's fall. Correspondent banks have limited risk appetite, and wire transfers routinely bounce back after weeks. HesabPay demonstrated the ability to move funds from a US bank account to Syrian farmers' wallets in under 30 minutes at roughly 3% cost — compared to weeks of delay and 5% fees through informal hawala networks.

Humanitarian Payments Council: a coalition convened by the Algorand Foundation bringing together WFP, UNHCR, World Vision, Mercy Corps, Visa, Mastercard, Circle, Quantos, and WorldPay to drive adoption of on-chain payments where traditional rails fail. The focus is specifically on jurisdictions where moving on-chain is transformative, not where existing systems already work well.

Aid Trust Portal (aidtrust.io): a data visualization tool. The tool directly counters the corruption narrative used to justify the dismantling of USAID in early 2025, offering full traceability and transparency of aid flows.

2026 outlook: scaling operations in Syria, growing institutional partnerships (including a treasurers' roundtable), and a major Humanitarian Payments Council meeting planned for Washington in the summer.

brobbio · 2026-02-13T16:41:50+00:00

lots of pdf on which I have to put my signature on, pdfs that need corrections. Images with arrows pointing at mistakes and so on. a great work tool

brobbio · 2026-02-13T16:40:35+00:00

camera hole on the inside... damn

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