Thomas Hepner

Thomas Hepner@thomas_hepner · 2026/06/18赛道影响

RT @david_seroy: Digital credit is being exposed. BIP110 is failing. Paul is hard-forking drivechains. We're so f***ing back.

AI：偏主题投资表达，释放对基础设施与新叙事的偏多信号。

Thomas Hepner@thomas_hepner · 2026/05/19观点输出

I can see myself applying to this in the future!

AI：延续个人公开立场，强调长期主义、执行效率与行业方向判断。

Thomas Hepner@thomas_hepner · 2026/05/11观点输出

What if lack of privacy is what's preventing central banks from buying Bitcoin? "First, Bitcoin lacks privacy. Transactions can be monitored and potentially controlled, which is why central banks aren’t looking to hold it." Activating a zkSNARK verifier on the Bitcoin L1 will enable Bitcoin to absorb the privacy use case via the Shielded CSV metaprotocol. This was one of my greatest takeaways from Bitcoin Las Vegas. h/t @robin_linus @liameagen @therealyingtong on their excellent presentation.

AI：延续个人公开立场，强调长期主义、执行效率与行业方向判断。

Thomas Hepner@thomas_hepner · 2026/05/08观点输出

RT @david_seroy: In the past week Ark announced plans to add a ZK verification op_code and Liquid is pivoting to BitVM-style (ZK verified)…

AI：延续个人公开立场，强调长期主义、执行效率与行业方向判断。

Thomas Hepner@thomas_hepner · 2026/05/05观点输出

@Langerius Liquidity will scale from 2 unlocks: 1. Fixed Rates (via @Morpho Midnight) 2. Bitcoin ZK verification (via @AlpenLabs and @citrea_xyz ) Excellent write up by @david_seroy from @AlpenLabs here: https://t.co/UE5fZuICny

AI：延续个人公开立场，强调长期主义、执行效率与行业方向判断。

Thomas Hepner@thomas_hepner · 2026/05/04观点输出

There are far too many steps required to use cryptoassets. Proud to support the @BlinkCashX team's efforts to make the consumer UX as seamless and frictionless as possible. @edviiz @jjjjacobx @keyez_andrew

AI：延续个人公开立场，强调长期主义、执行效率与行业方向判断。

Thomas Hepner@thomas_hepner · 2026/04/21政策影响

In February, I joined @joinodf and flew to San Francisco for a one-week in-person onboarding experience as part of its 27th cohort (ODF27). I started the onboarding week feeling depleted and burned out. I left feeling much more energized and excited about what comes next. It has been one of the most valuable communities I’ve been part of. I made genuine friends, including Nilu Kulasingham, @Joy12Cai, and @skinny__chinny , and met many others I’ve stayed in touch with since. A few of us have even continued collaborating on small projects after onboarding ended. Here are some of the lessons I took away from onboarding week. Project → Product → Company. A guest speaker who had built three successful companies shared this framework for how he starts companies. All of them started as projects. Most projects do not become products, and fewer still become companies. This really resonated with me because I often get frustrated by my seeming lack of progress toward starting a company, but starting (and killing) projects is an essential part of the process for building a successful business. The lesson: start more projects. Motion creates clarity. Three types of companies: Rapid Fire, Total Immersion, Long Aim. Another framework that stuck with me was the idea that there are different kinds of companies, and each one needs to be built differently. The one that resonated most with me was Total Immersion: a company where the founder lives and breathes the problem, deeply understands the customer, and often is the customer. The next company I build will almost certainly be of the Total Immersion type. Solo founding is underrated. It is conventional wisdom in Silicon Valley, and among VCs, that every founder needs a co-founder. But I’ve become more skeptical of that advice. Some of the best companies were built by solo founders, and even in companies with multiple founders, the reality is often more asymmetric than the mythology suggests. Solo founders also have a structural advantage: they retain more equity, which can make it easier to recruit exceptional early talent. AI had its second “iPhone moment” in November 2025. When I first started using Claude Code in spring 2025, it honestly did not feel like much of an improvement over using ChatGPT. Wow, has that changed. Claude Code became way more powerful in late 2025. Everyone was obsessed with their newfound powers from using Claude Code, and ChatGPT Codex to a lesser extent. After I left On Deck, I really started tinkering, experimenting, and building artifacts with these tools in earnest. Fractional work is an underrated entrepreneurial path. Before ODF, I had never seriously considered working part-time. One of the people I met in my cohort, Michael Fajardo, worked fractionally for multiple clients. He used that not just to fund himself, but to immerse himself in specific roles, including chief of staff, bookkeeper, and others, in order to uncover opportunities for products or productized services. Later, I also learned about Manual Override, an accelerator focused on helping fractional workers become independent entrepreneurs, through Taylor Crane, an ODFer building https://t.co/0oqRCadNpC. This is a path I am exploring during my sabbatical to extend my runway, perhaps indefinitely, learn new skills, and build a bridge toward a more ambitious business.

AI：偏政策推进，强调合规落地与规则明晰，对监管主线更敏感。

Thomas Hepner@thomas_hepner · 2026/04/14观点输出

Are you a data scientist, data engineer, or software engineer that works with Python? If so, https://t.co/7XtDZa4afC was built just for you. My friend @skinny__chinny built Phemeral to make it super easy to deploy and host your Python app - just like software engineers do with Vercel.

AI：延续个人公开立场，强调长期主义、执行效率与行业方向判断。

Thomas Hepner@thomas_hepner · 2026/03/29政策影响

Demand for Bitcoin increases with its adoption as a pristine collateral asset. After Morpho Markets V2 is released, Bitcoiners will be able to borrow against BTC at 4-10% APY with fixed durations of up to 1 year. This will finance both consumption and credit creation through stablecoin-backed private credit.

AI：偏政策推进，强调合规落地与规则明晰，对监管主线更敏感。

Thomas Hepner@thomas_hepner · 2026/03/26观点输出

The Bitcoin-Backed Mortgage product I would like to see: - 7/6 SOFR ARM - 1:1 BTC to home value backing - interest only (no principal payments) - no margin calls or liquidation on BTC This greatly reduces the monthly payment for borrowers (no principal payments) and increase risk-adjusted returns for lenders (100% BTC collateral > 20% down payment).

AI：延续个人公开立场，强调长期主义、执行效率与行业方向判断。