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Camila Russo Profile
Camila Russo

@CamiRusso

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Chiefess at @DefiantNews . Author of The Infinite Machine, exec. producer of @ETHmovie . Previously at Bloomberg @business in NYC, Madrid & Buenos Aires. Chilena.

New York, NY
Joined November 2011
Don't wanna be here? Send us removal request.
@CamiRusso
Camila Russo
3 years
"Billionaires meet with industry groups to decide on policy in private. Then tell the rest of the world on twitter" True for big oil, big pharma, big tech -- now also true for big coin.
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@CamiRusso
Camila Russo
4 years
Dream come true 💫✨📚 Finding my own book at a book store 📍 @BNBuzz on Union Square
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@CamiRusso
Camila Russo
2 years
Had an amazing time chatting with @VitalikButerin about: Ethereum as the base layer for the global economy Upcoming merge A multi-chain future ETH vs BTC vs AVAX Why Layer 2s are the way fwd Anarcho-tyranny Cancel culture & more :) Interview just out 👇
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@CamiRusso
Camila Russo
3 years
📈📈 Last time ETH crossed $1k There was no Compound Aave Uniswap Synthetix Curve Yearn Balancer ... There was no DeFi. It's amazing how far this army of hackers has come.
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@CamiRusso
Camila Russo
2 years
news is out!! 🎬🎬 The GOAT Ridley Scott and his production company Scott Free, the makers of 🔥 Gladiator 🔥 Alien 🔥 Blade Runner 🔥 House of Gucci 🏆 Nominated for 80 Academy Awards 🚀🚀 Will produce @ETHMovie The Infinite Machine movie!!! WAGMAM ETHEREANS!!!
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@CamiRusso
Camila Russo
3 years
Crazy ETH flash crash to $700 on Kraken. Now back to ~$1,700. Anyone know what happened there?
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@CamiRusso
Camila Russo
2 years
This crash is unmasking what should have been clear Web3 apps succeed only if they provide value after stripping out speculation w/ their native token web3 games should be fun to play defi protocols should provide a financial service nft creators should produce good content etc
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@CamiRusso
Camila Russo
2 years
Steve Jobs talking about DAOs in 1990 :P h/t @historyinmemes
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@CamiRusso
Camila Russo
2 years
so excited... ready?? 🌈 The Infinite Machine is becoming a movie!! The Ethereum movie will ofc be produced together with the Ethereum community. NFTs will fund production and enable its audience to become participants. More 👇 1/1
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@CamiRusso
Camila Russo
3 years
Imagine if you could have owned Facebook stock when Mark Z was building it in his Harvard dorm Or bought Apple shares when Steve Jobs and Steve W were tinkering in their garage Imagine having been able to ** own the internet itself ** That's web3 and ETH Users are also owners
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@CamiRusso
Camila Russo
3 years
The SEC cracking down on the biggest US crypto companies is a calculated move designed to chill the entire industry. It worked with ICOs. It won't work this time.
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@CamiRusso
Camila Russo
2 years
Very surreal day — I just met the Pope and gave him my book 🤯
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@CamiRusso
Camila Russo
3 years
In just the last 10 days Visa TikTok SocGen Twitter are doing their best to catch up with Ethereum shadowy supercoders :)
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@CamiRusso
Camila Russo
3 years
"DeFi" becomes a lot less interesting if it's replacing a centralized, opaque system with another centralized, opaque system. There's potential here to build an actually better financial system. Not a cheaper way to yield farm and trade shitcoins.
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@CamiRusso
Camila Russo
4 years
Ahhh!! My book is available for pre-order!!😱🤩 The Infinite Machine –The untold true story of Ethereum and how it wants to revolutionize the internet and money. Launch date is July 14 #vivelarevolution 🌈 Be the first to get it!
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@CamiRusso
Camila Russo
3 years
"Every startup city will have its own coin" @balajis in Miami, talking about a potential Miami coin 🌴
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@CamiRusso
Camila Russo
22 days
This is huge. Right now more than a third of all global payments are done via Stripe. Google, Amazon, Lyft, Apple, Walmart, Target, all use Stripe. And now crypto (specifically USDC on Ethereum, Solana and Polygoin) will be a native payment option in the flows of all those
@collision
John Collison
22 days
Crypto is back. @Stripe will start supporting global stablecoin payments this summer. Transactions instantly settle on-chain and automatically convert to fiat. Join the waitlist and watch the demo (h/t @Solana ) from Sessions.
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@CamiRusso
Camila Russo
2 years
Every company will be a crypto company.
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@CamiRusso
Camila Russo
10 months
Received lots of good feedback from @EthCC talk, so want to share here: 🤡 Crypto is a Theater Right Now 🤡 1/x
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@CamiRusso
Camila Russo
4 years
Look at what just came in the mail!!!! It’s getting real! My book’s uncorrected copies 😱🌈 #ethereumbook #infinitemachine
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@CamiRusso
Camila Russo
4 years
🗺️ The DeFi Projects Map handy, updated, and ultra complete, so you don't lose your way in this wild west ;) by @simoneconti_
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@CamiRusso
Camila Russo
4 months
I know everyone is losing their minds about the spot bitcoin etf but... ultimately we're packaging bitcoin in a fund, so that a bunch of the same wall st intermediaries can sell them to investors, layering fees on top. feels like crypto should be about pushing in the opposite
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@CamiRusso
Camila Russo
2 years
Excited to record a podcast episode with @VitalikButerin tomorrow! 🙌 What should I ask?
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@CamiRusso
Camila Russo
2 years
This bull run crypto grew to almost $3T market cap. It's promise? Building an open, global & transparent financial system, that for the first time allows everyone to have control over their funds, verify how money is deployed, instead of trusting third parties. Instead: 1/6
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@CamiRusso
Camila Russo
3 years
2017: Will Ethereum ever be able to compete with Visa on throughput? 2021: Visa is settling transactions on Ethereum. This is one of the clearest signs the new financial rails are replacing the old ones. Internet of money is here ✨
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@CamiRusso
Camila Russo
2 years
not that controversial #1 Founders build VCs enable them #2 - Ethereum is the most decentralized & used smart contracts chain - Other blockchains offer cheaper / faster txs making tradeoffs in security and decentralization - There are users and therefore investors for both end
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@CamiRusso
Camila Russo
2 years
🔥 quotes from @gavofyork on @DefiantNews pod: “We’re aiming to have TpS in the 100s of millions over the next 3-5 years while retaining decentralization." “ #Polkadot is the only chain that really provides the ability to secure any other chain — that is very valuable” More👇
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@CamiRusso
Camila Russo
3 years
I'm a simple woman I just want to know who the 21 BSC validators are and what is Binance's connection to them, if any. Please respond if you have receipts (not rumors) Thanks :) cc @cz_binance
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@CamiRusso
Camila Russo
2 years
HOW is tradfi media still calling Celsius DeFi 😂 @WSJ @jonsindreu Celsius is the opposite of DeFi. It is Custodial Off-Chain Opaque DeFi is Non-custodial On-chain Transparent If you want to report on DeFi lenders check out @AaveAave @MakerDAO @compoundfinance
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@CamiRusso
Camila Russo
2 years
Trust in blockchain bridges is crumbling. By extension, that should mean the multi-chain thesis is also crumbling. So, will consensus start to form around a single-chain view for the future? If yes, crypto is about to get even more competitive / maxi.
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@CamiRusso
Camila Russo
3 years
US lawmakers: Want to finance stuff with crypto? Idea: Support the crypto industry. I started The Defiant in NYC bc I have big ambitions for it. Defiant Media has paid a TON of taxes & created American jobs. If crypto is not welcome, we'll go elsewhere, as will 1000s of others.
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@CamiRusso
Camila Russo
3 years
The Infinite Machine movie or Infinite Machine, the movie or The Infinite Machine, the movie or who cares, we're getting an Ethereum movie?? :)
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@CamiRusso
Camila Russo
7 months
I'm sick to my stomach at having to wonder whether I'm safe in NYC today "day of rage." Israeli leadership warns Palestine civilians to evacuate before they attack military targets in a narrow strip of land, responding to barbaric bloodshed. Palestine leadership calls for
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@CamiRusso
Camila Russo
2 years
👸this is crypto 🇧🇷🇨🇱🇦🇷🇲🇽🇺🇸🇨🇴 #ethrio
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@CamiRusso
Camila Russo
2 months
How is this guy's account still live He's going after @laurashin in the most deranged, hateful way bc she cancelled an interview with him. Help report this bully @Pauly0x Also, funny that he cannot fathom Laura doesn't have a boss telling her what to do. I guess it felt
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@CamiRusso
Camila Russo
2 years
1: Vitalik jokes there should be a token called $THE 2: $THE tokens get listed before you could hit RT 3: Degens shake bear off and ape in 4. Uniswap users climb to highest since March and trade activity to highest since June 2021
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@CamiRusso
Camila Russo
6 years
Waiting for the first song about crypto 💃 #SnoopDogg at the xrp party
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@CamiRusso
Camila Russo
3 years
✊ In web3, users are also owners. The way we interact with internet apps and finance (now the same thing) has changed forever. Latest example: @gitcoin airdropped 15M of GTC (now worth ~ $117M) to its users, who can now govern the project. The shift is happening right now.
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@CamiRusso
Camila Russo
2 years
This is the exact opposite of DeFi.
@WatcherGuru
Watcher.Guru
2 years
JUST IN: Metamask has blocked #Ethereum transactions in Venezuela citing compliance with laws.
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@CamiRusso
Camila Russo
5 years
Conclusion: U.S. Congress hates Facebook more than Bitcoin. From comments about lack of decentralization, sounds like they wish Libra was more* like an actual crypto ⛓️
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@CamiRusso
Camila Russo
3 years
⛓ Days like today are good reminders to not take Ethereum's stability for granted. Eth has been under extreme pressure with ICOs, NFTs, DeFi; clients have been under attack; it has forked.. yet it has never had an outage since its 2015 launch.
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@CamiRusso
Camila Russo
3 years
This is wild. Only 2 results for "decentralized finance" in the WSJ 🦕 they don't know what's coming ☄️
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@CamiRusso
Camila Russo
3 years
hey @jack for when you're ready to look into Ethereum, I spent two years researching it to write this book: From the arguments I've seen you make about ETH, I think you might learn something new :)
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@CamiRusso
Camila Russo
3 years
As a resident of your state, I'm asking you @SenSchumer to vote YES on the Wyden amendment and NO on the Portman amendment in the interest of financial freedom and free speech. #DontKillCrypto via @fightfortheftr
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@CamiRusso
Camila Russo
5 years
Personal news📣 I've recently left Bloomberg after eight amazing years to focus on my book on Ethereum with @HarperCollins and to become an independent writer. I'm closing this chapter with huge gratitude and am super excited for this project and for what's next! :)
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@CamiRusso
Camila Russo
2 years
Two #Ethereum book authors walk into @DefiantXColony 😁 So great to finally meet you in person @laurashin !!
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@CamiRusso
Camila Russo
4 years
ETH/BTC 🚀🚀🚀
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@CamiRusso
Camila Russo
2 years
DeFi and web3 advocates shout from rooftops that this blockchain-based financial system is better because it's accessible to everyone, anywhere. and then metamask blocks venezuela, while opensea blocks iran -- those who need crypto the most?
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@CamiRusso
Camila Russo
3 years
Oooohhh interesting from @TheBlock__ : @0xPolygon absolutely killing the L2 game #scalingwars
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@CamiRusso
Camila Russo
3 years
Eth2 is live with 80%+ participation, signaling the chain is healthy #serenitynow (And over 3k+ people watching the livestream) Historic day for Ethereum
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@CamiRusso
Camila Russo
2 years
ETH down +50% from it's ATH has not sparked cascading liquidations in DeFi (yet) Selloff has prob been slow enough to allow for borrowers to top off their collateral. In any case, DeFi has simply worked amid one of its biggest stress tests. Chart from Defiant Terminal
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@CamiRusso
Camila Russo
3 years
hey babe.. what's vitalik doing in our kitchen?🦄
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@CamiRusso
Camila Russo
6 years
🙌 seen at the Hilton lobby #consensus2018
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@CamiRusso
Camila Russo
4 years
Ethereum has 100M addresses 5 yrs after its launch. That's ~10x more than internet users in 1995, 6 yrs after the World Wide Web was founded. Taking the more conservative 40M addresses holding ETH, Ethereum is still beating early internet adoption. 🚀
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@CamiRusso
Camila Russo
2 years
DeFi was primarily about creating a better financial system, not cycling the same capital into different flavored pump and dumps, and I think the sell off is thankfully shaking that sense back into the ecosystem.
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@CamiRusso
Camila Russo
5 years
My country, Chile, is engulfed in massive and violent protests. It's not alone. People are taking to the streets across the globe. There's a seismic shift underway, and open finance is one tool people can use to regain power✊
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@CamiRusso
Camila Russo
2 years
Had a fun chat with @el33th4xor ! We broke down how @avalancheavax works, milestones so far and what's coming up. Plus his spicy take on Layer 2s, saying blockchains relying on them have "given up" on trying to build better systems. Podcast here 👇
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@CamiRusso
Camila Russo
10 days
Interviewing @Ripple CTO David Schwartz @JoelKatz later today :) What should I ask?
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@CamiRusso
Camila Russo
11 months
This brick of papers here was meant to show the U.S. I am worthy of an EB1 visa, which has a path to get a green card. And guess what? It was approved!! 🇺🇸 This means I won’t have to worry about visas ever again.
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@CamiRusso
Camila Russo
3 years
LUNA in July started peeling away from the rest of the smart contracts platforms and it has just kept going 😮 Really a beast on its own now -- what's driving it?
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@CamiRusso
Camila Russo
3 years
Eth devs have been saying proof-of-stake is the future almost since Ethereum launched. 🚀 and now it's finally happening. ETH2, 2020
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Camila Russo
3 years
🧐 where are the non speculative crypto use cases?? 🤩 stablecoins-based savings, streamed payments, instant global value transfers, digital immutable property contracts, decentralized fundraising, open governance systems... 🧐 If only I could find one non trading use case!!!
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@CamiRusso
Camila Russo
4 years
Short story: 🌈🦄: *Building new financial system* 🧐: "But you don't know what ETH supply is" 🌈🦄: "Etherscan?" 🧐: "Needs to be independently calculated from an ETH node" 🌈🦄: *Builds script* 🧐: "How will ETH ever recover" 🌈🦄: *Carry on building parallel finance*
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@CamiRusso
Camila Russo
1 year
Today at @EthereumDenver I spoke about the future of web3 media, on the main stage with my 2mo old baby and husband @Storaker by my side 💙💙💙
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@CamiRusso
Camila Russo
4 years
Once upon a time I posted something about Bitcoin/Ethereum friendship and the tweet got overrun by Bitcoin maximalists trashing Ethereum. The end. 🤷‍♀️
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@CamiRusso
Camila Russo
3 years
ETH CME futures would supposedly stop the music today.. and here's Elon Musk barging in with a marching band, DJ and orchestra :) soon we'll all be dancing on Mars 🧑‍🚀
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Camila Russo
2 years
"Web3 is a set of technologies that allows us to build internet applications that are not susceptible to attack. (...) It’s crucial if the free world is going to survive." "To architect an ecosystem [based on] bridges would be asking for trouble." 👇
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Camila Russo
5 years
Bitcoin is surging in Argentina, trading at ~$12,300 on @buenbit , a premium versus ~$11,400 on Coinbase, where it's having a relatively quiet day. There's a bloodbath in argie markets today after Macri lost in a primary vote and people fear the return of populism. (1/2)
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Camila Russo
3 years
Once again Argentina shows exactly why crypto. The government is imposing a 1-3% tax on people with more than $2.4M in assets. A "solidarity contribution" amid the pandemic (aka they're seizing people's money). Be your own bank.
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@CamiRusso
Camila Russo
6 months
@SanaSaeed @dabit3 Nope. That is a division of the entire Gaza strip, not the area that will be targeted. The pamphlet includes a separate map of the areas that are targeted so that civilians can evacuate. Israel is providing numbered maps for civilians to protect themselves ahead of military
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@CamiRusso
Camila Russo
3 years
💌 Two years ago the first-ever @DefiantNews newsletter was sent! 6/11 ✊ Thanks to a star-studded team and a community of defying individuals, The Defiant is quickly becoming the definitive information platform for the open economy Happy bday you badass toddler!!!! 🎉🎉 1/x
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@CamiRusso
Camila Russo
5 years
100,000 words, 29 chapters, 1 book, sent to my editor. Very first draft: Done ✅ 🎉🎉🎉
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Camila Russo
4 years
DeFi produced dollar-pegged, interest-generating savings accounts for everyone, anywhere. The next step is for these interest-generating stablecoins to become insured* dollar-based savings accounts for everyone, anywhere. This is how DeFi can truly start to replace finance.
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Camila Russo
6 years
So.. at Devcon there's a shrine to pray to the crypto Gods, including Vitalik, lambos and whales. There's a place to kneel and type your sins into a computer. Big one is avarice. It says "I have 5 Coinmarketcap tabs open at all times." 😂
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Camila Russo
2 years
Is there a single famous/recognized economist who likes bitcoin?
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Camila Russo
2 years
Amigos! Se viene The Infinite Machine en español!!! @esferalibros está haciendo la traducción💜 Al fin mi libro en mi idioma! 🙏😂 🇨🇱🇪🇸🇦🇷🇲🇽🇵🇪🇨🇴🇻🇪🇨🇺🇧🇴🇪🇨🇩🇴🇵🇷
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Camila Russo
3 years
kinda sucks all those people waiting in line for a crypto conference that's banned talking about the most interesting stuff happening in crypto
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Camila Russo
4 years
Just tried it and🤯 Sends money to any Twitter handle in the world. Cost me $0.03 and took 3 min. Neither of us even had a Dharma account. Plus, money in the account starts earning interest instantly. Another reason why I'm convinced DeFi is the future of money.
@Dharma_HQ
Dharma
4 years
1/ Introducing Social Payments 💸🐦📲 – a Twitter-native financial ecosystem. Today, you can send USD to any Twitter handle, regardless of where that person lives — even if they don’t have a Dharma account. Now *every* Twitter handle accepts (and earns interest on!) payments.
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Camila Russo
3 years
2018-2019 people thought ETH was dead and asked wtf was I doing writing The Infinite Machine. But I was seeing the ecosystem grow firsthand in hackathons. Today, there are more hackers than ever lining up to build DeFi. One thing I've learned in crypto: watch the builders.
@liamihorne
liam.eth
3 years
HackMoney is the most in-demand hackathon @ETHGlobal has ever organized; ~1000 hackers staked to participate and it starts today @
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Camila Russo
2 years
A little late but, happy new year to all the builders :) Putting your souls into it, not taking short cuts, lifting others up along the way, pushing through every single day. You’ll make 2022 a great one.
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Camila Russo
4 years
now that you mention it... 😆
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@Coinsmash_
nawaz
4 years
The real reason that #Ethereum is mooning and back above $300 is due to @CamiRusso new book. I am about 75% of the way through—up to the #DAO hack—and it’s an incredible read so far. I have a feeling many others in #crypto are also reading it now too.
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Camila Russo
3 years
2020 has been ETH's year. Outperforming btc, defi, us stocks, em stocks, hy bonds, gold, real estate –probably everything except for Tesla :)
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Camila Russo
3 years
About last night — Talking about what it’s like to sell a $70m NFT w/ @beeple ! Little known fact, he bought back a sizable amount of ETH after cashing out 😎
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Camila Russo
2 years
Interviewing @cosmos co-founder @buchmanster later today :) What should I ask / what do you want to know?
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Camila Russo
5 years
My interview with @SergeyNazarov of @chainlink is 🔥 - Next big crypto hack will happen because of a bad oracle - Smart contract privacy to take down enterprise chains - Staking with Link tokens getting finalized and more :)
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Camila Russo
4 years
People in DeFi are taking out leveraged loans to deposit assets in borrowing pools to get the most yield out of their $ They're doing this in minutes, for a couple of bucks, from their laptops, without giving away a single piece of info other than their Eth wallets. #10xfintech
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Camila Russo
3 years
🤫 The no-hype rally. google search:
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Camila Russo
4 years
🤯 There's now +$400M in , a DeFi protocol that didn't exist before yesterday. That's more than assets in Balancer, Curve, and Yearn - TVL in these platforms is sliding as farmers are apparently cycling their crypto into the highest-yielding crops.
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Camila Russo
4 years
Excited to interview @VitalikButerin at @EtherealSummit on Thursday :) What do you want me to ask?
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Camila Russo
2 years
Caption contest 👇
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Camila Russo
4 years
$2B, baby 😎 🚀 2019: TVL 3x in 1 yr 2020: TVL 3x in 6 months
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Camila Russo
4 years
🧪Thinking of an experiment: 1) Putting a small and equal amount of $$ in different DeFi projects enabling passive income 2) Record the process 3) Track and publish returns on a periodic (ej weekly) basis 4) Higher returns by yearend wins :) Which 5-10 projects would you do?
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Camila Russo
2 years
etherscan messages are magic. 1. connect your wallet 2. add someone's wallet 3. send a message they'll get it once they connect (even if they haven't yet)! try it 👉
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Camila Russo
4 years
Money is dumb, but it doesn't have to be. DeFi & Ethereum are enabling the advent of a new framework: Computational money. Actual* smart money.
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Camila Russo
5 months
Hard truths 1. Points don't solve any of the main problems airdrop mining produce / they're a crappy version of actual tokens 2. Inscriptions make absolutely no sense on smart contracts chains 3. Hype beats facts until the air blows out so 1 & 2 don't matter
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Camila Russo
4 years
👹DeFi exploits: June 2019: Synthetix 37m sETH Feb. 2020: bZx $900k Mar 2020: iEarn ~$280k April 2020: LendfMe $25m It's not just one project's problem. DeFi needs better security standards or we'll continue seeing the downside of that composability double-edged sword.
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Camila Russo
6 years
Bitcoin jokes
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Camila Russo
3 years
Venezuela & Cuba: Crumbling apart and starving Rest of LatAm: Yup... That looks like something we should try! * end of rant; back to crypto programming *
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Camila Russo
4 years
In the old world, startup founders aspire to entrench themselves in power. In the new world, startup founders aspire to hand power over. Synthetix, the third-largest DeFi project, is now run by DAOs.
@synthetix_io
Synthetix ⚔️
4 years
The Synthetix Foundation has been decommisioned. The protocol is now under the control of three distinct DAO’s: the protocolDAO, the grantsDAO, and the synthetixDAO.
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@CamiRusso
Camila Russo
3 years
Historic day in Cuba. Thousands of people all over the country are daring to speak up against the communist dictatorship for the first time ever at this scale. They are protesting the lack of food, medicine, and FREEDOM. Centralized power always ends badly for the individual.
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