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Illya Gerasymchuk
Entrepreneur / Engineer

⬇️ My Thoughts ⬇️

User Illya Gerasymchuk -

2024-12-25 16:44

πŸ‡ͺπŸ‡Ί The future of Web3 & DeFi in the EU πŸ‡ͺπŸ‡Ί Legal compliance is fundamental for wide adoption of Web3 & DeFi. While security audits of DeFi protocols are a common practice, the same is not true for regulatory compliance audits All investment services in the EU, including those… https://

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User Illya Gerasymchuk -

2024-12-14 16:29

🚨JUST IN: Quantum Computer Hacked #Bitcoin Satoshi Nakamoto has been suspiciously quiet since the news broke out 🀫 According to experts on social media, the recent advancements in quantum computing have just made Bitcoin obsolete. Of course, neither the market, nor…

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User Illya Gerasymchuk -

2024-12-02 16:34

Bad news for #USD πŸ‘Ž The value of a currency is a direct reflection of the organic demand for it. Sanctions will decrease the demand for US Dollar, via disincentives Plus, it’s the US consumer that will be paying for the tariffs, not the BRICS countries πŸ€·β€β™€οΈ

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User Illya Gerasymchuk -

2024-11-24 15:06

πŸ‘‰ Sold at par πŸ‘‰ 0% coupon πŸ‘‰ Unsecured debt πŸ‘‰ Option to convert to equity at $672/share For the loan of the principal you’re getting an option to buy $MSRT stock at $672 in 2029 - 60% higher than the current share price of β‰ˆ $420 Why not just buy $BTC directly? πŸ€·β€β™€οΈ

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User Illya Gerasymchuk -

2024-11-21 12:27

Very interesting alternative USD market Usual flow: πŸ‡ΊπŸ‡Έ buys oil from πŸ‡ΈπŸ‡¦, πŸ‡ΈπŸ‡¦ reinvest excess back into UST New flow: πŸ‡ΈπŸ‡¦ reinvests excess into πŸ‡¨πŸ‡³-issued USD bonds Result: USD flows to πŸ‡¨πŸ‡³, instead of πŸ‡ΊπŸ‡Έ, as the USD-denominated debt (bonds) are issued directly by πŸ‡¨πŸ‡³

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User Illya Gerasymchuk -

2024-11-15 10:15

Part of Bitcoin's value derives from the total electricity cost of maintaining a decentralized, trustless, immutable ledger of transactions for >15 years 20% of GDP is spent on financial services. Blockchains remove intermediaries & improve efficiency It’s apples to oranges πŸ€·β€β™€οΈ https:/

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User Illya Gerasymchuk -

2024-11-05 21:36

πŸš€πŸŽ§ Podcast covering #BRICS Currency on the blockchain is out! πŸ”—πŸ”ˆ: πŸ€– Smart contracts & #DeFi are an ideal match for #BRICSPay showcased at #BRICS2024 summit. Podcast & article exply why 🎀 AI Audio created with NotebookLM https://

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User Illya Gerasymchuk -

2024-10-27 17:40

πŸ‡―πŸ‡΅πŸŽ§ Added an audio version of the article It’s an AI-generated podcast of the article using NotebookLM audio overview with custom sources & instructions πŸ”— http

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User Illya Gerasymchuk -

2024-10-27 15:50

1/10 πŸ‡―πŸ‡΅ Ever wondered how Japan protects deposits when banks fail? 🀯 Their deposit insurance system handled 180+ financial institution failures, including the massive 90's banking crisis πŸ‘‰ Here's how Japan's Β₯10M deposit guarantee scheme works: 🧡

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User Illya Gerasymchuk -

2024-10-22 09:25

Something tells me this will be an interesting session πŸ‘€

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User Illya Gerasymchuk -

2024-10-19 12:52

πŸ‘€ Tried out the BRICS Pay demo. Gold/#XAU is one of the supported currencies (the only real money in the list!) 🌏 To be supported cross-border, within every member nation πŸ’³ You can use VISA/Mastercard to load up your account πŸ‡ͺπŸ‡ΊWe urgently need an akin system in the #EU

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User Illya Gerasymchuk -

2024-07-27 00:46

proof of everything.

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User Illya Gerasymchuk -

2024-07-03 15:42

Public petition to call them MinaFTs πŸ˜„

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User Illya Gerasymchuk -

2024-06-23 16:28

If you think you understand futures contracts, you must learn bond futures Besides some differences, like dynamic settlement price, you will quickly realize how much #DeFi improves over #TradFi The future of finance is on-chain Simplicity, transparency & efficiency http

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User Illya Gerasymchuk -

2024-06-12 18:16

πŸ“š Learning how derivatives are priced will make you realize that all the models are based on financing with an interest rate (IR). Future value of a derivative is discounted with an IR. Where does this extra money come from? πŸ”Ž Hint: you may see it manifest as #inflation πŸ˜‰

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User Illya Gerasymchuk -

2024-06-10 12:08

Forward rates compute the borrowing cost of money for a future period. They're derived from the existing interest rates in the market. Useful to compare investments, arbitrage on lend/borrow positions and even predict future inflation value Here’s the concept visualized πŸ‘‡

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User Illya Gerasymchuk -

2024-06-07 10:18

And the first rate cut comes from the European Central Bank (#ECB) Federal Reserve (#FED) coming up next A few days ago I tweeted about how a rate cut is imminent, as suggested by the Treasury Bond rates falling below the overnight exchange rateπŸ‘‡

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User Illya Gerasymchuk -

2024-06-04 12:48

Reaaaaady. Let’s go hardfork

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User Illya Gerasymchuk -

2024-06-03 20:59

Besides inflation there is also discounting, which measures the time value of money Discounting states that money today is worth more than tomorrow, since it can be invested to earn an interest You can compute today’s value of future money using the formula below πŸ‘‡

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User Illya Gerasymchuk -

2024-06-02 23:03

πŸ”΄ Every time the Treasury Bond rate (#DGS10 / #US10Y) raises above the Fed Funds Rate (#FEDFUNDS / #EFFR), the Fed Funds Rate decreases dramatically Historically, this has always been the case and this is exactly what's happening now Expect a rate cut from the #FED very soon

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User Illya Gerasymchuk -

2024-06-02 16:19

Treasury rates (Treasury Bills & Bonds) are risk-free, but they do not represent the risk-free rate, as they have artificial incentives. The risk-free rate must represent the true cost of borrowing money. Overnight exchange rates are a much better measure of the risk-free rate. http

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User Illya Gerasymchuk -

2024-05-30 18:57

🌍 Imagine 24/7 global video surveillance that doesn't compromise privacy 🀯 Sounds impossible? 😎 Zero-Knowledge Proofs disagree Here's why πŸ§΅πŸ‘‡

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User Illya Gerasymchuk -

2024-05-27 14:13

Linguistic vocal communication is such a wild concept 🀯 Like, I can take an abstract concept that I have in my mind, transform it into vibrations, transmit it wirelessly over air and have another individual parse it back into a similar abstract concept, now in their mind

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User Illya Gerasymchuk -

2024-05-26 13:01

🚨 PRIVACY IS A MYTH! πŸ•΅οΈβ€β™‚οΈ Digital privacy is fundamentally unfeasible, unless we rely on verifiable computation constructs like Zero-Knowledge Proofs (#ZKP) πŸ” A thread 🧡 on why ZKPs are the key to true digital privacy πŸ‘‡ #Privacy #ZeroKnowledge #Web3

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User Illya Gerasymchuk -

2024-05-24 11:24

Advanced prompt injection technique for GitHub Copilot GPT-4 πŸ˜†

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