Bitchat me babe

Also, suitgate

Hey!

Made it back from Cannes without incident.

Gearing up to head to LA for the Big Base Event next week. If you’re there or also going, give me a shout!

Love,

Deana

Editor: Miranda

The Aptos Experience is in NYC on October 15-16, will you be there?

Register here and enter code BOYSCLUB at checkout for a special rate.

Bitchat. Twitter and Cash App founder Jack Dorsey’s new app is called Bitchat. Bitch…at? BIT CHAT?

Bitchat is a Bluetooth-powered, off-the-grid messaging app that lets people talk without cell service or WiFi. Messages hop peer-to-peer, up to 300 meters, and are end-to-end encrypted. Extremely cool. Use cases to consider: anytime a network goes down (crowds, emergencies) or when you want max privacy (activism, just general surveillance avoidance) or, well, for local ~commerce~ that doesn’t want a paper trail. In 5 years we’ll be using Bitchat to airdrop each other thirst traps from our underground bunkers. Shout out to Offline Protocol who have been on this grind.

Did Zelenskyy wear a suit? A $242M suit debate took Polymarket by storm this week.

Is this a suit?

After photos surfaced of Volodymyr Zelenskyy in a “black outfit” at the end of June, a prediction market betting on whether he’d wear a “suit” before July 1 briefly resolved “Yes,” until the voters who determine the outcome of the markets challenged the outcome, triggering chaos and governance drama.

This story wasn’t really about fashion, it was about the power of the voting blocks that emerge from the market resolvers, and their imperfect incentive structures. The market ultimately landed on a “NO” last night, and I lost $20 in the process.

Quick Hits.