Karol Karpinski 🌐
@karolkarpinski
We have to be very strong if we want to do something very wrong. Financial plumber. Everyday Kantian. The cool uncle. All views mine, not my employer’s.
How I feel teaching my AIs about payment systems and financial plumbing:

Elham has been on a tear lately thinking about private markets on her substack: "Put simply: in public markets, liquidity is a feature of the system. In private markets, it’s a condition of the contract. This is not just a difference in degree—it’s a difference in kind."
Read "Market Plumbing vs. Legal Scaffolding: Why Private Credit ETFs Misunderstand Liquidity" here: open.substack.com/pub/marketmicr…
Disraeli vibes!
Absolutely — because Christianity started in the Middle East, not in suburban Ohio. Names like Khalil, Firas, Zaid, and Shadi aren’t exotic intrusions into the faith — they’re native to the region where it was born. If someone named Shadi is explaining the cultural and…
The country with the largest Japanese diaspora in the world does not have a single Uniqlo.
How I feel teaching my AIs about payment systems and financial plumbing: