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Alex Shin Profile
Alex Shin

@AlexShin

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Crypto in Korea and Japan. @megaeth_labs @suinetwork @berachain @initiaFDN — prev. cofounder @teamblind @hashed_official

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Joined December 2015
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@AlexShin
Alex Shin
5 years
A friend in Seoul can’t withdraw $700 without... proof as to why he needs more than $700. Like printed proof to bring to the bank in person. He can however, move $500k/day on a local Korean crypto exchange.
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@AlexShin
Alex Shin
1 year
For those of you wondering why $APT is $17. Aptos is a meme coin in Korea. The #1 asset class in Korea is real estate — more specifically, Apartments. Retail is calling Aptos “apartment” claiming people can one day afford to purchase an actual apartment if they hold $APT.
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@AlexShin
Alex Shin
1 year
This is real. Not a joke.
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@AlexShin
Alex Shin
5 years
Their excuse: to protect you from voice-fishing incidents....? What the hell kind of excuse is that? This was in person, at the bank.
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@AlexShin
Alex Shin
5 years
Yes it’s a major bank. No he’s not a criminal. He just haven’t used his debit card in a while.
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@AlexShin
Alex Shin
1 year
Lots of friends coming out to #ethtokyo #daotokyo next week — so some local crypto FAQs 🇯🇵🧵
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@AlexShin
Alex Shin
5 years
life update.
@arrington
Michael Arrington 🏴‍☠️
5 years
Arrington XRP Capital Welcomes Alex Shin, Former #Hashed Partner, As New Venture Partner @AlexShin
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@AlexShin
Alex Shin
6 years
Korea Blockchain Week is lookin’ intense. Here a guide I wrote up. (In progress) #koreablockchainweek #beyondblocks #hashednight
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@AlexShin
Alex Shin
5 years
In an UBER now. Got to talking about their IPO. Driver says they are getting cash bonuses based on tenure — $500 for the two years she’s driven for UBER. It’s not much, but pretty cool that they’re paying drivers.
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@AlexShin
Alex Shin
3 years
@arrington Korea is the only country where by mandate, lightning cables are required to have any additional line of insulation to avoid breaks like those. 😎
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@AlexShin
Alex Shin
5 years
Friend says even the teller looked confused as to why they had such hideous rules.
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@AlexShin
Alex Shin
6 years
@Cointelegraph Not sure if wall street analyst is the most credible source for Bitcoin’s fate.
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@AlexShin
Alex Shin
5 years
Recently caught up with some non-tech + non-crypto friends. Tried to explain Maker. I’m pretty sure they think I’m crazy.
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@AlexShin
Alex Shin
5 years
I recently tracked down my 5th grade elementary school teacher and emailed him an update of my life. He remembered me and it absolutely made his day. I encourage everyone to do this.
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@AlexShin
Alex Shin
5 years
I lol’d. And then I was sad.
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@AlexShin
Alex Shin
5 years
@davidiach It’s absolutely insane. Trying to give your parents a cash gift shouldn’t be this hard.
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@AlexShin
Alex Shin
5 years
“Crypto Twitter is very US centric” @JoyceInNYC this is so true.
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@AlexShin
Alex Shin
5 years
Took a selfie with an Uber driver. I was his 10,000th ride, over 6 years. Ya’ll don’t have loyalty programs?? No driver bonus?? What about fireworks in the driver’s app or something? @Uber_Support
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@AlexShin
Alex Shin
6 years
@ummjackson Your points are valid, but language translation problem is real. If you haven’t tried to conduct/lead business in another country with your 2nd language, you have no idea how much of a challenge this is.
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@AlexShin
Alex Shin
6 years
The hottest project from Korea raises $32 million seed. Amazing working with you guys. @polychaincap @hashed_official @1kxnetwork @KeneticCapital @binance @arrington and others!
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@AlexShin
Alex Shin
5 years
@cz_binance Amazing communication man. Props!
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@AlexShin
Alex Shin
2 years
@gettindabucket @cobie @CapitalShipyard @lawmaster Sounds like something’s been going on with payroll already.
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@AlexShin
Alex Shin
5 years
@arrington Who’ve you been talking to...?
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@AlexShin
Alex Shin
1 year
Friends coming to Seoul Korea for #KBW Where to stay, BBQ etc. Couple of tips.
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@AlexShin
Alex Shin
6 years
In general, if you don’t have a working product with users or a lick of code written somewhere. Most of what you say about why you need to raise $30 million in a token sale is meaningless.
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@AlexShin
Alex Shin
2 years
Bear market founders are hungry. Literally and figuratively.
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@AlexShin
Alex Shin
5 years
@cz_binance Thanks for sharing this!
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@AlexShin
Alex Shin
2 years
Quick update. Along with 2022 I wrap my role as EIR @ SamsungNEXT. Amazing people. Wonderful time. So much autonomy. 🙏🏻 It’s back to the drawing board for me. This year, more writing. More doing.
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@AlexShin
Alex Shin
4 years
@mattcharris Lots of truth in this thread — I just think the markets were looking for a reason to correct.
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@AlexShin
Alex Shin
1 year
So after Kyoto, people should know that the Japanese crypto market is the next frontier.
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@AlexShin
Alex Shin
1 year
Talking to several protocols exploring Korea/Japan. Very clear who is ready to win and who isn’t.
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@AlexShin
Alex Shin
1 year
If you are exploring the Japanese market and don’t know Joi, you are missing out.
@SuiNetwork
Sui
1 year
Along with presentations and demos, the afternoon featured a fireside chat with @Joi and @AlexShin about AI and the blockchain, two of the hottest topics in tech.🔥
Tweet media one
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@AlexShin
Alex Shin
6 years
This is a serious challenge for us. We call it “language barrier” but it runs deeper than that, in this case its outright discrimination. Crypto is a global phenomenon. I hope everyone realizes this sooner than later.
@arrington
Michael Arrington 🏴‍☠️
6 years
I don’t like bullying. I just witnessed a group of American crypto people mocking and laughing at someone who has serious on the ground experience but not perfect English at an event. Calling it a day, going to the gym.
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@AlexShin
Alex Shin
4 years
Seoul Population: 9,963,000 Area: 605sq km Population Density: 15,763sq km Covid19 Cases: 628 Deaths: 2 New York City Population: 8,393,748 Area: 784sq km Pop. Density: 11,000sq km Covid19 Cases: 251,690 Deaths: 15,074
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@AlexShin
Alex Shin
1 year
Some of the most influential folks locally are @Joi and the Parasol team @WatanabeSota , and the OG crypto folks @missbitcoin_mai and @obnty Key interest areas are Yen Stable Coins, Digital IP, Wallets, custody, middleware etc
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@AlexShin
Alex Shin
6 years
One of our partners just got an email from a headhunter—CTO role at a “well funded started up.” Turns out it’s a portfolio company. Damn.
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@AlexShin
Alex Shin
4 years
@mdudas @shakeshack @dhmeyer Didn’t Harvard get $9million? They have a 41 billion endowment.
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@AlexShin
Alex Shin
5 years
@danheld That TRON dinner that never happened.
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@AlexShin
Alex Shin
4 years
@kevinleeme My father passed a few months ago. Literally earlier this year, I saw him and he was fine and I felt like we had decades. Time is precious man.
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@AlexShin
Alex Shin
1 year
Crypto founders! So US is no bueno, come to Asia. But when you do — Please hire local people who understand the scene here. I can refer you to great folks. Don’t just walk in here and do random events. You will be labeled as dumb or scam, usually both.
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@AlexShin
Alex Shin
4 years
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@AlexShin
Alex Shin
5 years
@cz_binance @VitalikButerin This is better than Microsoft’s Window’s 95 launch dance.
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@AlexShin
Alex Shin
1 year
Suddenly, everyone is a bitcoin maxi. 😎
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@AlexShin
Alex Shin
5 years
@cz_binance Let’s be real, you had this tweet ready in your draft folder. Right?
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@AlexShin
Alex Shin
1 year
Yes. $APT is apartment and my fellow Koreans are having a blast buying it. Not a joke. And no I’m not throwing shade @ the good folks over at @Aptos_Network . I just thought it was interesting information to share. And lots of people inquired about $APT volume in Korea.
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@AlexShin
Alex Shin
6 years
Woot woot! #seoul stepping up their game!
@beyondblocks_
Beyond Blocks
6 years
Park Won-soon, the mayor of #Seoul , has revealed a five-year plan that will invest $108 million to make the South Korean capital a smart city powered by #blockchain .
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@AlexShin
Alex Shin
6 years
@ummjackson @JensenSbj Or CZ doesn’t manage their official twitter channel. Probably a better guess.
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@AlexShin
Alex Shin
5 years
@bendreyfuss I’ll do you one better. Cheesecake Factory is in fact, good.
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@AlexShin
Alex Shin
5 years
@arrington @NataliePropy he’s texting and driving.
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@AlexShin
Alex Shin
5 years
What is the best, most concise explanation of bitcoin ever?
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@AlexShin
Alex Shin
1 year
Who’s coming to Tokyo in April?
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@AlexShin
Alex Shin
6 years
@itstheDoom @Storm_Token @AdamDraper 🔥🔥🔥 @SimonYuSEA I wish I was there! Represent the PNW!
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@AlexShin
Alex Shin
5 years
@garrytan I had friends interview at Theranos and come back completely puzzled and pretty sure the whole thing was built on lies.
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@AlexShin
Alex Shin
6 years
#koreablockchainweek kicks off tomorrow. #hashed is bringing the entire crew go #BeyondBlocks on the 17th and 18th. Come say hi!
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@AlexShin
Alex Shin
5 years
@Incogni85044148 @cz_binance Just so you know, Korea’s GDP is like 11th or 12th in the world. $700 here is $700.
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@AlexShin
Alex Shin
3 years
#squidgame #1 on Netflix in 90 countries. Korean soft power all time high.
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@AlexShin
Alex Shin
1 year
And the investment firms that operate here. The team at @GumiCryptos @ivcryptofund @emoote_ @hyperithm and of course @xxstevelee @IkumaUeno and MZ cryptos which is @yousuckMZ ’s approach to web3.
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@AlexShin
Alex Shin
6 years
Prediction. Network valuations for new crypto projects will drop significantly. The market has spoken, Alts need to prove utility.
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@AlexShin
Alex Shin
1 year
Top markets for $XRP has always been S. Korea. 36% of all trading volume today on Upbit was $XRP. 🔥
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@AlexShin
Alex Shin
2 years
@mrjasonchoi I think you are missing the point. People don’t wanna play hot potato or musical chairs anymore.
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@AlexShin
Alex Shin
4 months
This is exactly the problem with crypto. Korea will no longer be price discovery and liquidity markets for the west.
@CryptoHayes
Arthur Hayes
4 months
$ENA is fucking ripping and the Koreans aren’t even involved yet. When that kimchi hits … oh baby. Yachtzee 😘😘😘
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@AlexShin
Alex Shin
3 years
The problem with crypto is crypto people.
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@AlexShin
Alex Shin
1 year
The startup community in Japan is somewhat of a tight circle. Get to know what they are cooking — @kiyokb , @tmiyatake1 and his tech savvy audience or the one and only @jtwald . I’m still looking to chat irl @0xshugo 😎
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@AlexShin
Alex Shin
5 years
@arrington @DoveyWan You guys can tip me anytime. 👍🏻
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@AlexShin
Alex Shin
5 years
Uber driver lady asks me if she can call a friend. She dials: Driver: “I got me a rider in the car, so censor yourself.” Friend: “...” Driver: “I’m off the market.” Friend: “wait, you alone?” Driver: “my passenger got earphones on, he working.” Me: “that’s right.”
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@AlexShin
Alex Shin
5 years
This is crazy. Women getting groped on subways is a real problem. (Subways in Tokyo have women-only cars) True story, I witnessed this in Seoul some years back and stepped in by making a scene trying to blatantly grab the guy’s ass.
@katherineykwu
Katherine Wu
5 years
Yesterday a total stranger grabbed my arm in the subway to get me to talk to him and today another man followed me into a CVS store and blocked my path to “ask about my background”. Both times I had earphones in. Afterwards I went home & angry-cried over how powerless I felt.
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@AlexShin
Alex Shin
5 years
When “adoption” is in question, look towards Asia for clues. 1.) Samsung Galaxy s10 ships with a private key wallet 2.) KYC/AML into Upbit via Kakao, the leading messaging app. 3.) super low penetration of @MyCrypto and @myetherwallet , people keep their crypto on exchanges.
@AriDavidPaul
Ari Paul ⛓️
5 years
1/ Crypto will conquer the world, but it will do so partly by becoming low friction to end users. It’s currently “too hard” to do everything. Pasting an alphanumeric string is hard enough to keep out 95% of the world.
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@AlexShin
Alex Shin
2 years
I was trying to explain web3 — and someone at the table said “you mean like www …?”
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@AlexShin
Alex Shin
5 years
Speculation is a form of trust.
@APompliano
Anthony Pompliano 🌪
5 years
Bitcoin's volatility is what made it the best performing asset over the last decade. Volatility is a requirement for outsized returns.
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@AlexShin
Alex Shin
1 year
My baby
@TeamBlind
Blind
1 year
More than 95% of Twitter employees are now on Blind after Elon Musk's acquisition. We've become the de facto communication channel for Twitter employees and professionals all over, according to @TIME #TIME100Companies
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@AlexShin
Alex Shin
2 years
Dog is a man's best friend. Diamonds are a girl's best friend. Narratives are a VC's best friend.
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@AlexShin
Alex Shin
5 months
EthDenver = most tiring crypto conference ever.
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@AlexShin
Alex Shin
5 years
Took a 55 minute flight from Seoul to Fukuoka Japan. It’s taking longer to get a working SIM card.
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@AlexShin
Alex Shin
3 years
@SisunLee @PassTheBaton Last Christmas, I gave you baton. The very next day, you gave it away.
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@AlexShin
Alex Shin
1 year
My 60 year old Korean uncle just said: “Why do projects issue coins? Just price? Unregistered stocks right?” They are catching up to the game.
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@AlexShin
Alex Shin
1 year
Downloadable podcast, book, YouTube video reqs to consume on a 15 hour flight to Denver, CO. Can be long form. Like Balaji on Tim Ferriss.
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