Bringing BNPL on-chain (and shitposting in my spare time) Founder @YumiFinance ex. miki.digital, @0xoogabooga

Hong Kong
Joined December 2023
Mikhail (buying now, paying later arc) retweeted
okayy our devs at @YumiFinance are SO passionate about product building that I (a bizdev) toy with the idea of learning to code just for fun.
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I'm literally texting our angels in WeChat This is how global Yumi is bro
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We're nearing the point in stablecoin adoption when market cycles will stop to matter If Russia, China, India, Africa are on their way to using a blockchain/ledger to facilitate trade - do you think US or any other country will just sit still because it's "bear market"?
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Investing in AI is such a weird landscape. VCs always want prior experience, i.e. if you're building a crypto card ideally you should have worked at a neobank, fintech, etc. However, many AI founders simply talk to companies, learn their problems, and disrupt the field with AI. Domain expertise becomes commercialized.
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Just learned that Affirm(BNPL) issued a virtual card for every transaction with Apple Pay Pretty insane when you think about it
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Chatted to @Nomaticcap last week about our vision on payments and DeFi, really enjoyed it. We agreed that Visa/tradFi companies won't just stand and watch crypto take the market. But for Visa, even having a symbiotic relationship with crypto cards will mean less margin. Inspired me to write an article: "Hey crypto cards, VISA wants its margins back". Out on Monday!
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Caught myself thinking that crypto cards might be a tiny bubble: every card is getting funded left and right. But if crypto cards have at least a 10% chance of competing with traditional cards, then all the valuations are stupidly cheap. $AVICI(@AviciMoney) is at $24m now, imagine Revolut trading at that? Or any other neobank? Yes, it's hard to predict which card will solve the distribution and ultimately win. But it's not a "winner-takes-all" market. I would place a small bet on every card, with more size on cards like @ether_fi, who were slightly earlier. NFA DYOR tho
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> AI-native insurance becomes a massive opportunity. once agents handle billions of decisions, someone must underwrite the risk. Yumi pivot?
THIS IS WHAT'S KEEPING ME UP AT NIGHT: 1. AI will kill the concept of a 9–5 for millions. MANY get laid off, become freelancers, shift to portfolios of agent-assisted work. 2. livestreaming explodes 100×. it becomes the only way to prove you are real and not AI. Twitch will look like one of the greatest acquisitions of all time. 3. the creator economy is graduating into the founder economy. audiences are mobilizing into companies, funds, and franchises. MrBeast was just the prototype! 4. we’re entering the app recombination era. the biggest startups of 2026 will be built by remixing three or four existing AI tools into new vertical workflows. 5. agents will start talking to other agents, and you won’t be in the loop. every “human in the middle” job becomes an API call between two models. 6. AI is collapsing the value chain. agencies, recruiters, consultants, and project managers disappear while micro-operators running ten-agent stacks take their place. 7. distribution goes agentic. every AI company will run a thousand influencer agents testing titles, thumbnails, and CTAs nonstop. ad spend becomes a living organism. i hope you like testing. 8. personalization flips commerce. the same product sells for fifty prices through fifty custom funnels, each built by AI for that buyer. price discovery becomes dynamic. this is prob better for business owners and worse for consumers :( . 9. data privacy becomes the new luxury. entire brands form around “human-only,” “no-model,” or “offline verified.” authenticity becomes a trillion-dollar aesthetic. 10. creators will own AI studios instead of channels. one prompt becomes a short, an app, a brand, a product line. the boundary between content and company disappears. 11. the big social platforms fracture into signal markets. people will trade ideas, audience data, and prompt assets the way day-traders swap stocks. virality gets financialized. already happening. 12. energy becomes the next constraint. every AI boom ends in a power bottleneck. whoever solves cheap, local compute with solar or geothermal wins the century. 13. storytelling becomes an economic engine again. the only moats left are narrative, taste, and trust. 14. AI-native insurance becomes a massive opportunity. once agents handle billions of decisions, someone must underwrite the risk. 15. an AI glut means deflation everywhere except in ideas. when intelligence is free, originality becomes priceless. 16. governments create national models to protect sovereignty. data turns into a weapon and compute becomes foreign policy. 17. as agents handle logistics, humans move up the stack into aesthetics. art direction becomes a daily skill. everything becomes branding. 18. the next decade’s wealth comes not just from building AI but from deciding where not to use it. restraint will make fortunes. 19. AI compute arbitrage becomes a trillion-dollar trade. people buy cheap cloud in underdeveloped markets and rent it globally, like Airbnb for GPUs. 20. AI-native brands dominate e-commerce by owning micro-trends. they launch new products daily, test a thousand ad variants, and kill losers overnight. 21. the AI gold rush ends with a massive data rush. whoever owns or licenses niche, verified datasets controls the supply chain of the future. 22. the next $10 billion fund is hybrid: part VC, part compute allocator, part data warehouse. capital moves from money to intelligence. 23. once personal AGIs hit, subscription fatigue dies. consumers will want one AI that handles everything. the first “super-app for life” could be a trillion-dollar company. 24. most billion-dollar outcomes this decade come from repackaging existing industries through AI... the AI accountant, AI real-estate broker, AI logistics coordinator starting as highly vertical versions of familiar services. 25. mobile UI shifts from taps to chat + camera. the screen becomes a lens, the conversation becomes the interface. the app era quietly turns into the agent era. @meetLCA is a design agency i co-founded that is behind the biggest AI apps rn, seeing it play out now. 26. every industry is about to unbundle into interface companies. whoever owns the customer interface, not the backend or the model, controls the value chain. it’s Shopify vs AWS all over again. 27. vertical media merges with vertical SaaS. every niche publication births a product; every software company births a content arm. the media-product line disappears. 28. the internet used to reward consistency. the new internet rewards experimentation. the faster you test, the faster you compound. 29. AI blurs the line between work and art. products start to feel authored, like albums or films. founders become creative directors of automation. 30. AI regulation prob will look like climate policy... too slow, too messy, full of loopholes. innovation moves to places that treat compute like oil. 31. the internet fragments into private ecosystems. niche communities curated by AI become the real web. public feeds feel like Times Square; private groups feel like homes!! 32. the first fully autonomous startup launches within 3 years. no employees, no meetings, no deadlines, just connected agents generating profit. insanity. 33. we are living through the great compression. timelines that used to unfold over decades now happen in months. this is the closest thing to a gold rush most people will ever see. 34. people will look back on 2026–2029 the way we look at the early internet. the difference is you don’t need permission, capital, or credentials. you just need to build something people actually care about. 35. mobile consumer apps feel alive again. they talk back, remember you, and evolve with you. static interfaces begin to feel prehistoric. 36. the next decade of wealth will belong to people who understand three things: distribution is leverage, taste is strategy, and AI is infrastructure. im tired because i havent slept but wired because... THIS IS THE BEST TIME IN HISTORY TO BUILD. our future will look very different than our past/present. life as we know it changing. i hope you get some sleep.
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Why do all successful crypto products look like they are out of a black mirror episode? @KaitoAI - "Nosedive" @daremarket - "Common People" Memecoins and the attention economy - "Fifteen Million Merits"
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Stablecoins made money global. Onchain credit will make spending global That’s what we’re building with @YumiFinance - BNPL rails that let any crypto neobank or payment gateway lend everywhere. That’s my biggest bet.
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I did this for free like every week for the past 3 months, and now @daremarket tells me there's a bounty?
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Best crypto apps to airdrop farm in 2025 1. Neobanks 2. There's no 2nd place Thank you for your attention to this matter
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Visa charges 2–3% and merchants still love it. Why? Because it owns distribution. If accepting Visa means 30% more sales, that 3% fee is cheap. That’s how every BNPL company (Klarna, Affirm, etc.) wins - not on price, but on volume.
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If life is poker, then I'm going all-in on onchain 'buy now, pay later' You are also welcome to bet against or with me
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The dynamic with chains is so weird to me tbh, the closest web2 comparison is cloud providers. AWS earns money because Netflix uses AWS. BUT Netflix can't switch to Google Cloud in one day—there's a very high degree of vendor lock-in with AWS. In crypto, almost every successful product is multichain. This is where it gets weird because then the chain has to convince users to stay on, while users don't really care, as the product is the same on other chains as well. If I want to watch K-dramas on Netflix, I don't care where it's deployed - AWS, Google Cloud, Alibaba, whatever. Just give me my K-dramas. So why should a crypto anon care? P.S. Tbh had zero time to watch anything in the past 3 months, but here's a good show I used to watch before building a startup - "Our unwritten seoul"
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Hot take: the only good token utility is incentives and definitely not buybacks With stocks, if a company starts paying dividends to holders, it means that it has stopped spending money on growth and is stagnating, which is really bearish So why are buybacks bullish in crypto?
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Normalize sending calendly links to your matches on Tinder
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You can now deposit crypto directly into Revolut. How will it affect the majority of crypto cards? Better yet, how do you even win when your biggest competition(Revolut) copies your core feature?
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