Ashish Anand Profile
Ashish Anand

@CryptFyn

1,261
Followers
934
Following
585
Media
7,510
Statuses

The RWA Builder @bru_finance

Real World
Joined July 2015
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@CryptFyn
Ashish Anand
1 month
@alpha_defense In Iraq they pulled down statue of a dictator. In Bangladesh, they pulled down statue of the man who lead them to freedom. Poles apart.
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@CryptFyn
Ashish Anand
10 months
@IndianTechGuide This guy did something similar — 175 (138 balls) after 17/5 and then went on to win the World Cup.
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@CryptFyn
Ashish Anand
10 months
@theliverdr @TheEconomist Neither brilliant, nor scathing. Rather a sensational, dishonest, clickbait of a header. It’s not turmeric but the adulteration of turmeric by adding leaf chromate that is causing deaths.
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@CryptFyn
Ashish Anand
3 years
30% tax on #cryptocurrency income will drive many transactions to underground OTC markets. Tax Evasion to rise.
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@CryptFyn
Ashish Anand
2 years
@rajeshsawhney Shadi dot com is the unofficial dating app of India.
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@CryptFyn
Ashish Anand
3 years
If you are a startup or developer in Web3 space, please understand that #cryptocurrency taxation is under section 2(47) which is capital gain taxation. Your grants and salaries won’t be taxable under it. Chill. Buidl more, trade less. 😀
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@CryptFyn
Ashish Anand
3 years
If you don’t understand why BTC & ETH are ⬆️ in USD but ⬇️ 15% in INR, you should not be trading. ARB if you have funds on exchanges. #WazirX #CoinDCX #cryptocurrency
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@CryptFyn
Ashish Anand
11 months
@stats_feed People applying BODMAS and still coming to the conclusion of 9. 6➗2 OF (1+2) = 6➗2 OF 3 = 6 ➗6 = 1 This is how BODMAS is to be applied. It’s not 2*(1+2) when there is no notation between a number and a bracket. It’s 2 OF (1+2).
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@CryptFyn
Ashish Anand
1 month
@Rickbaruah @alpha_defense That’s really troublesome for India and everyone is aware who benefits from this instability.
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@CryptFyn
Ashish Anand
10 months
@theliverdr Ad hominem is the first sign of an illiterate and unwise man who does not have any answer. If that is your retort, you have to learn how to become wise from just being knowledgable. For your own good and for the good of society.
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@CryptFyn
Ashish Anand
2 years
@tejeshwi_sharma It’s the reverse. India punches way below its weight. Both Indian lack of vision on manufacturing as well as Indian society’s dim view of manufacturing jobs being menial/low-profile have created this over-dependence on services sector.
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@CryptFyn
Ashish Anand
8 months
@sulemanali The same reason investment advisors, Hedge Funds, VC funds don’t get disrupted despite regularly underperforming the index. People need comfort of perceived expertise.
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@CryptFyn
Ashish Anand
4 years
@ilex_rubra @WineandHair This is traditionally a welcome to a newly wed woman when she reaches her husband’s house for the first time.
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@CryptFyn
Ashish Anand
9 months
The day of an entrepreneur (15th Dec):- 8-9:30 AM :- Emails, WhatsApp 10:00 — X + Chores 11:00 - 12:30 PM :- Government Tender Meet + X shitposting in parallel 12:30 - 1:00 PM :- Meeting with legal team of a business partner 1:00 - 4:00 PM :- Sales pitch and sales calls
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@CryptFyn
Ashish Anand
2 years
@akothari @tanayj Even Africa and Latin America — Talent is abundant in those continents and we don’t have to pay Silicon Valley salaries that developers from India demand.
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@CryptFyn
Ashish Anand
5 months
It’s not on-chain unless every single loan is originated, disbursed and collected on-chain. Lending is about collection and not disbursement. — Fintechs learnt it hard way and RWA lenders will also learn it soon. We identified the problem with Lend East model 18 months back
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@CryptFyn
Ashish Anand
2 years
Attended India Fintech Festival and paid Rs. 300/- in CASH to the food counter. 😂 No other mode of payment was acceptable.
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@CryptFyn
Ashish Anand
11 months
@girdley Why will you get cancelled for hiring a cook? In Indian metros, every middle class family has a cook and a maid. Some of them have drivers too and typically private tutors take care of education outside of school. With both partners working 10-12 hours a day and sometime even
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@CryptFyn
Ashish Anand
5 years
@CharlieShrem Libracoin is more a threat to #Bitcoin than #Ripple . Banks are not going to use Libracoin but it may turn out to be the Peer-2-Peer Cash Bitcoin was thought to be. #Facebook #GlobalCoin
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@CryptFyn
Ashish Anand
4 years
Hey @finshots great thoughts. One addendum :- Not a paper idea at all. We at @WHR_Loans have 1400 #warehouses from both private and public sector geotagged on our platform. Check our farmers’ app AnnDhan app at Playstore.
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@CryptFyn
Ashish Anand
3 years
Soybean chart, Not #Crypto #सोयाबीन
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@CryptFyn
Ashish Anand
3 years
@superdavehodge @AriannaSimpson Standards and crypto don’t go hand in hand. We still don’t know who created Bitcoin. Web2 “standards” will have to change to accommodate web3 way of working; anonymity is a feature here, not a bug.
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@CryptFyn
Ashish Anand
9 months
@GhazalAlagh We at @WHR_Loans have been offering one day extra leave every month to our female employees for past two years and that has not resulted into us reducing pay for them. This is in addition to being a 100% remote workforce. Going by the logic given, maternity leave should also
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@CryptFyn
Ashish Anand
9 months
@PhilSalesses @pitdesi I never recline as a habit and yes because of people reclining in front of me, I have almost stopped using my laptop on flights. But it’s their right to recline and not my right to ask them to suffer just because I want to finish my work on a laptop.
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@CryptFyn
Ashish Anand
11 months
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@CryptFyn
Ashish Anand
3 years
@OzJoeGoodacre @rajeshsawhney Not really. Western and northern states have higher GDP than eastern states. Indian non-vegetarians actually eat veg. food most of the time. Non-veg diet is partaken on occasions (once or twice a week or sometimes even at longer duration). Income level increases the frequency.
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@CryptFyn
Ashish Anand
4 months
@shriyanevatia And thus speaketh the Indian. It’s exactly the same perspective that makes the Indian kids go from cramming in school to engineering to B-school in USA while students in west take a year off to explore the world or pursue their hobbies and make career in a field they love.
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@CryptFyn
Ashish Anand
11 months
@GhoshAmitav @latha_venkatesh That is akin to saying that Nazi persecution of Jews was a tragedy. Colonialism was not a tragedy but planned loot and massacre. The colonists need to be brought to justice, must face their own Nuremberg and while reparation of the loot may not be possible in full but the
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@CryptFyn
Ashish Anand
10 months
🎉 Exciting News: Another Milestone at @bru_finance 🌐 We are thrilled to share yet another feather in our cap, marking a significant moment in our journey of innovation and impact. On the auspicious occasion of Diwali, Indian festival of light, we created history by launching
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@CryptFyn
Ashish Anand
1 year
@garrytan When my son moved to middle school this year in the USA, being new to USA’s education system it was a real shock to discover this absurdity of differentiated mathematics teaching. If students in small poor village schools in India can learn algebra in class 6, what stops a
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@CryptFyn
Ashish Anand
8 months
@rajeshsawhney The winner will need to build a 360 degree platform — care, diagnosis, surgery, insurance, support system, etc. else it’s best run as a gig vertical by the likes of urban, portico etc.
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@CryptFyn
Ashish Anand
3 years
@schrockn Criticism is less of Zillow and more of how concentrated bets on a few businesses are destroying the factors market. We have normalised & even celebrate Zillowesque loss seeking behaviour, turning economics upside down & destroying entire sectors forever.
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@CryptFyn
Ashish Anand
3 years
@twobitidiot Crypto, as of today, is not occupy Wall Street — It’s just another Wall Street on high. Highly speculative prices, 100X leverages, unfairly priced hedging products, unsustainable yields, which of these are solving for Main Street or the person at the bottom of pyramid?
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@CryptFyn
Ashish Anand
2 years
@ctford Guess some education is needed here. Birth of AI — 1943, First meaningful Application — 2015, First Scaled Application — 2022 (ChatGPT) Birth of Blockchain — 2009, First meaningful application — 2009 (Bitcoin), First scaled application — 2014 (Ethereum)
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@CryptFyn
Ashish Anand
4 years
#Blockchain Value Network
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@CryptFyn
Ashish Anand
1 year
@simplykashif This is not exactly how current accounting rules work. The buyer would be able to account for Bitcoin (as of today) at 25,000 - not at 15,000. On the disclosure date there is no impairment once price has moved back to higher level and hence there is no impairment loss. Yes,
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@CryptFyn
Ashish Anand
2 years
@lukesophinos While the marketing strategy looks fantastic, how were they able to get data of minor students from insta? Did insta sell data to gas? Also it appears that data that was used was personal and not anonymised. Would love to understand the data acquisition practise.
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@CryptFyn
Ashish Anand
4 months
Just joined @yup_io ! Finally Farcaster and Twitter in one app.
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@CryptFyn
Ashish Anand
3 months
The consumer does not need a crypto app. It needs an app. Our job is to find crypto to integrate in consumer behaviour. Till that happens, better idea is to let crypto run in background and keep just the app in foreground.
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@CryptFyn
Ashish Anand
11 months
It was wonderful chatting about RWA with @simplykashif & @impranavm_ Thanks for hosting me folks! 🤝
@bitinning
Bitinning
11 months
🚨 New Episode: 158 #Web3KiDuniya 🗓️ 23-10-2023 ⏰ 8:00 PM 🔴Join us live today with @simplykashif , @impranavm_ & @CryptFyn from @bru_finance Topics: -RWAs in Crypto🌐 -Fractional Ownership -Better Liquidity📊 -Future of RWA🚀 📍Link:
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@CryptFyn
Ashish Anand
2 years
Is a #crypto event meeting is even a meeting without the customary selfie! Discussing how to bring real world lending DeFi with Brad Harrison - CEO of @VenusProtocol
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@CryptFyn
Ashish Anand
4 months
Crypto may hate them, but at @bru_finance we love farmers.
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@CryptFyn
Ashish Anand
3 months
Consensus 2024 ✈️
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@CryptFyn
Ashish Anand
2 years
@max_gagliardi @KonstantinKisin As per him, poor UK makes only 2% contribution to global warming. The global population share of UK is 0.87%. When is he going to bring it to the level of 0.87%? Of course we are not asking to account for 350 years of colonial emission but just bringing it in line with global avg
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@CryptFyn
Ashish Anand
4 months
If you don’t include L2 and L3 Metrics in Ethereum metrics data and compare Ethereum with another blockchain, you are just being intellectually dishonest.
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@CryptFyn
Ashish Anand
10 months
@ercwl @HviidHEX This should be a community note.
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@CryptFyn
Ashish Anand
2 years
Will institutions ever come to crypto? Engaging discussion at #IVSCrypto event in sunny @VisitOkinawaJP Great panel put up by organisers @ivcryptofund
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@CryptFyn
Ashish Anand
2 months
RWA is the pathway to users for crypto. Ignore it at own peril.
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@CryptFyn
Ashish Anand
3 years
2021 has been the year when our work at the intersection of Blockchain, Agriculture & DeFi was recognised world over. Heartfelt gratitude to 🙏 all the wonderful people & organisations who supported our journey through awards & recognition. Massive confidence boosters.
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@CryptFyn
Ashish Anand
4 months
Twitter block is the new Writer’s Block.
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@CryptFyn
Ashish Anand
2 years
@debarghya_das How to behave better in public:- 1. Don’t defecate on the pavement 2. Don’t urinate in public 3. Don’t make the entire area stink of dead rats 4. Don’t make it unsafe for public at large All this in city with $13 B budget, just blocks away from city hall & your hometown in US.
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@CryptFyn
Ashish Anand
3 years
@nickbilton 26th Jan — My WhatsApp Chat 👇
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@CryptFyn
Ashish Anand
4 months
A 30,000 feet view of asset tokenisation
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@CryptFyn
Ashish Anand
1 year
@NeckarValue @nntaleb By corollary, an author should not run a long options fund.
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@CryptFyn
Ashish Anand
11 months
@cryptomanran Their attitude and arrogance is cultural to the US Airline industry. — and is very fast seeping in the Indian Airline industry. When you give power to airlines to decide a No-Flier list, such arrogance is bound to creep in.
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@CryptFyn
Ashish Anand
9 months
@soorajchandran_ Once you turn atheist from agnostic, you will not feel it deeply. During the agnostic phase, we still have not fully crossed the rubicon. “Aaj to khush bahut hoga tu” happens only in Bollywood, not in real life. My son was born a preemie, stayed in NICU for 15 days. During
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@CryptFyn
Ashish Anand
3 months
What are some of the best crypto/web3 Co-working spaces in New York City?
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@CryptFyn
Ashish Anand
3 months
How come an L2 using EVM is a Bitcoin L2!! 🤔
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@CryptFyn
Ashish Anand
5 years
@EDadoun @APompliano It has paid handsomely in past few years to short Indian Bankers (the PSU variety ofcourse).
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@CryptFyn
Ashish Anand
2 years
At Brú we care for our community members and do it in exceedingly well. 👇 Using our test net makes the community eligible for airdrops + they also become part of early adopter group. That means better LP rewards, Social Impact NFTs and many more benefits in future.
@bru_finance
Brú Finance
2 years
Brú Finance has completed the audit and has incorporated some new features. We are thrilled to announce that our platform is open for Beta Community Testing - #DeFiwithBr ú #Airdrop #Beta
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@CryptFyn
Ashish Anand
4 months
Non-custodial is a political invention. The right phrase is self-custodial. There is nothing ‘non’ about self-custody. It’s essentially right to hold one’s property in one’s own name/hand/homestead.
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@CryptFyn
Ashish Anand
3 months
The chain that innovates the most is going to win, not some copy pasta chain.
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@CryptFyn
Ashish Anand
5 years
@rorynotsorry @clairlemon Have watched at least 5 times and can’t have enough of that movie.
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@CryptFyn
Ashish Anand
3 years
@BranBTC @DCbuild3r @cburniske In 2017, they were on paper.
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@CryptFyn
Ashish Anand
2 years
@debarghya_das India certainly has a long way to go and is not No. 1 but finding Indian cacophony as ‘reverse cultural shock’ is either a subconscious bias or else a protected lifestyle speaking without awareness of its own surroundings.
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@CryptFyn
Ashish Anand
4 months
Even Grok is familiar with Brú Finance. You don’t know what you are missing, Anon.
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@CryptFyn
Ashish Anand
3 months
Just realised today — I have not sold a penny of crypto in my life. #LongOnly
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@CryptFyn
Ashish Anand
2 years
@Nithin0dha That’s too smart a risk disclosure on part of coinbase. Customer funds can’t be treated as unsecured creditors in any case of bankruptcy. It’s money in trust. You know better yourself. Depositories only hold equities. By this logic, cash in Zerodha account is at risk too, right?
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@CryptFyn
Ashish Anand
1 year
How to solve for bringing RWA on-chain:- 1. Linkage between RWA & On-Chain NFT :- Use third party custodians. If transfer requires a government registry for approval, get the registry onboarded to blockchain. 2. Veracity of on-chain data :- Use a decentralised network of
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@CryptFyn
Ashish Anand
3 months
Can we believe that this same country gave us 1789 revolution!! Now they revolt by taking a dump! 💩
@devchart
Devchart 👨🏻‍💻
3 months
French People are mass organizing to go take a shit in the River Seine and the reason why is freaking hilarious. Here is a recap: - The people of Paris are against the #2024olympics due to the cost. - French President Macron promised 1 billion euros to clean the Seine River for
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@CryptFyn
Ashish Anand
3 months
If airdrops are the customer acquisition method then we need to find ways to retain that customer.
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@CryptFyn
Ashish Anand
4 months
The $700 M Pizza Party. Happy #Bitcoin   Pizza Day!
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@CryptFyn
Ashish Anand
3 months
Crpyto’s understanding of absolute privacy and the way regulators want privacy of data are in conflict with each other. That’s why governments feel threatened by the sort of privacy that crypto advocates. The crypto industry will first need to go to the stage where personal
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@CryptFyn
Ashish Anand
3 months
Solana has the best UX in Crypto Industry.
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@CryptFyn
Ashish Anand
4 months
Lightning is 10 years in making and during this time stablecoins became the de facto MoE. Can we stop making such ridiculous claims in 2024?
@BitcoinMagazine
Bitcoin Magazine
4 months
JUST IN: Former PayPal President and Lightspark CEO David Marcus says every corporation in the world will end up using #Bitcoin Lightning to settle transactions 🚀
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@CryptFyn
Ashish Anand
11 months
Time to talk RWA and Crypto once again — Thanks @officialnordek and @MohantySonny for the invitation.
@officialnordek
NORDEK
11 months
Welcoming our 2nd guest for the 6th episode of The Bit Talks Podcast. 🔥 Ashish Anand - @CryptFyn , Co-Founder & CEO - @bru_finance 🎤 Catch him live:
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@CryptFyn
Ashish Anand
4 years
@BethanyAllenEbr While i have no sympathy for China, this evil of global jurisdiction was started and nurtured by American courts, unfortunately.
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@CryptFyn
Ashish Anand
2 months
BTC at 57,000 — in February and in July.
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@CryptFyn
Ashish Anand
2 years
@mikealfred Says someone paying $8 for a blue ✔️.
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@CryptFyn
Ashish Anand
4 months
Understanding the difference between endogenous vs exogenous price drivers of ETH vis a vis BTC is crucial. BTC acts as digital gold, hedge against inflation and hence always needs external price drivers/narrative - War, Inflation, ETF flows etc. At the other hand, Ethereum’s
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@CryptFyn
Ashish Anand
4 months
The first computer assembly of my life. 👇 Kids can make you do anything 😀😀
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@CryptFyn
Ashish Anand
1 month
@aeyakovenko @ethereumintern_ @MaxResnick1 @base An intern that is forcing the greatest of Solana megaphones to come and take dig on his views has already won.
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@CryptFyn
Ashish Anand
5 years
@jamespoulos For the largest part of Human History, Asia has been the biggest contributor to GDP, as late as till 18th century. 21st Century is only the course correction of a 300 year old anomaly (the western dominance).
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@CryptFyn
Ashish Anand
2 months
And then these people ask what’s the utility of Blockchain.
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@CryptFyn
Ashish Anand
4 months
Just crossposted this to Farcaster and Twitter at once with @yup_io .
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@CryptFyn
Ashish Anand
4 months
In crypto, one needs to identify with a Cult — Bitcoin Maxi, Ethereum Evangelist or Solana Shills. It’s so trial over here, man!
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@CryptFyn
Ashish Anand
2 months
There is nothing wrong in gas fees. Customers pay for services everyday. They pay fee for remittances. Every trader pays for brokerage. Every Uber eats order has delivery fee. What user’s hate :- 1. Variable fee 2. Large fee for small transactions Need to solve for 👆
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@CryptFyn
Ashish Anand
11 months
Always read the tape, that’s where Alpha lives - Jesse Livermore.
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@CryptFyn
Ashish Anand
11 months
@boxmining And still 5% up — are the traders thinking that there is no smoke without fire? In any other market, by now gains would have entirely wiped out; rather market would have gone red.
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@CryptFyn
Ashish Anand
3 months
The democrat idea of getting the crypto votes.
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@CryptFyn
Ashish Anand
2 years
The three spectacleers. Great to meet you @HRotaq #IVSCrypto
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@CryptFyn
Ashish Anand
2 months
Get your customer segmentation right: If devs are your customer — Focus on Devrel If Normies are your customers — Focus on BD
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@CryptFyn
Ashish Anand
3 months
Why only Solana should have all the fun!
@WuBlockchain
Wu Blockchain
3 months
Linea Blockchain stopped producing blocks between 5081800 and 5081801 for about an hour. The reason is currently unknown.
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@CryptFyn
Ashish Anand
3 months
This is better than “Ek Taraf Aaloo, Dusri Taraf Sona’ 😂😂 Even India’s Prime Scientist can’t match this shit.
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@CryptFyn
Ashish Anand
4 months
Asset classes like Equities and bonds took centuries before losing their volatility and for valuation models to develop. Tokens have characteristics beyond equity as well as beyond currency. Markets will take years before right token pricing models are developed. We need to
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@CryptFyn
Ashish Anand
5 years
@udaykotak On a risk adjusted basis, Gold outperforms Sensex.
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@CryptFyn
Ashish Anand
2 months
I really am perplexed with the behaviour of some of the ETH aligned founders, attacking their own roots. One L2 CEO is attacking L3s, another VM founder is attacking EVM L2s. Bros, are y’all going to fight Solana or going to kill your own Layer 1 chain?
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@CryptFyn
Ashish Anand
3 months
To solve the marketing problem of Ethereum, every L2 and L3 needs to prefix ETH to its name. ETH Poly , ETH Base, ETH Arb and so on. 😀😀
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@CryptFyn
Ashish Anand
4 months
In my formative years of 1980s and 1990s, most of the Indians saw Equity markets as purely speculative casinos. Web2 VCs/founders denouncing and deriding Crypto are in the same category — the limited exposure blinding them towards the legitimacy of a fund raising instrument.
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