Stebco.eth

That time I accidently won a trade with @chumlee_ on @pawnstars.... 🤣😇 youtu.be/A_HC84qysRU?si…

🚨 The $TAO subnet halving wave is coming close to half way there. And most people have no idea what's coming. Right now, 128 independent alpha tokens are moving toward their first halving at their issuance. The mature subnets are already 45-49% of the way there. Look at the data from subnethalving.com Courtesy of @taostats Compute Horde (SN12): 5,133,741 alpha issued (48.89%) Chutes (SN64): 5,055,019 alpha (48.14%) Targon (SN4): 5,020,836 alpha (47.82%) IOTA (SN9): 4,995,946 alpha (47.58%) Vanta (SN8): 4,923,606 alpha (46.89%) BlockMachine (SN19): 4,873,799 alpha (46.42%) Quasar (SN24): 4,802,061 alpha (45.73%) These subnets are emitting 1.00 alpha per block to participants right now. Miners, validators, subnet owners they're splitting a full alpha every block (plus the alpha_in injected into subnet pools). When each subnet crosses 10.5M alpha issued, that drops to 0.50 alpha per block. Cut in half. Overnight. Automatically. No warning beyond the math you're looking at right now. $TAO already halved in December 2025. That was the network-level supply shock. Now comes the subnet-level supply shock. Each alpha token has its own independent halving schedule. Compute Horde hitting doesn't affect Targon. Chutes halving doesn't affect IOTA. 128 subnets = 128 independent supply compression events, each triggered by that subnet's own issuance milestone. What happens when emissions halve: 1. Miner rewards drop 50%. Right now, miners split 41% of 1 alpha per block = 0.41 alpha. After halving: 0.205 alpha. Same work, half the rewards. 2. Validator dividends drop 50%. Validators and stakeholders split 41% of 1 alpha per block = 0.41 alpha. After halving: 0.205 alpha. 3. Subnet owner emissions drop 50%. Owners get 18% of 1 alpha per block = 0.18 alpha (burned immediately). After halving: 0.09 alpha burned. 4. New supply entering pools drops. Alpha_in (liquidity injections) scales with TAO_in. Post-TAO-halving, alpha_in is already compressed. Post-alpha-halving, participant rewards compress further. The result: immediate supply shock + reduced sell pressure + tighter subnet economics. Subnets approaching halving first have The strongest early-mover advantage. Why? Because Pre-halving stakers accumulate alpha at 2x the rate of post-halving stakers. Example scenario: ▫️You stake 100 TAO on Compute Horde today at 48.89% to halving ▫️You accumulate alpha through validator dividends at current emission rate ▫️Halving hits ▫️New stakers now earn half the alpha per block you were earning ▫️Your alpha position = larger share of total supply ▫️Your governance weight (if Conviction launches) = higher ▫️Your exit liquidity = better (you accumulated more alpha relative to new entrants) Early stakers own a disproportionate share of post-halving supply. The math is brutal: Let's say Compute Horde is currently emitting 1 alpha/block to participants. Over 30 days (216,000 blocks at 12 sec/block), that's 216,000 alpha distributed. Post-halving: 0.5 alpha/block. Over 30 days, that's 108,000 alpha distributed. Same time period. Half the new supply. Existing holders control larger relative stake. And it compounds with every subsequent halving: ▫️1st halving (10.5M): 1.00 → 0.50 alpha/block ▫️2nd halving (15.75M): 0.50 → 0.25 alpha/block ▫️3rd halving (18.375M): 0.25 → 0.125 alpha/block Each halving cuts new issuance in half again. By halving 10, subnet emissions drop to <0.001 alpha/block. Meanwhile, subnet utility keeps scaling. Compute Horde validators don't suddenly serve half the inference requests after halving. IOTA doesn't process half the distributed training jobs. Vanta doesn't cut trading volume in half. Work scales up. Emissions scale down. Scarcity increases. Economics tighten. This is the deflationary subnet flywheel. subnethalving.com $TAO DYOR

Aave is my life's work and we're working nonstop to find the best possible outcome for users. I’m personally contributing 5000 ETH to DeFi United as we continue working together with partners on formalizing more commitments. I’m working to see this resolved and market conditions normalized as soon as possible. DeFi United.

Hyperliquid is becoming the default venue for both crypto and TradFi traders. -> It processed $2.6T in 2025 trading volume, twice as much as Coinbase -> Their user base has expanded to ~1.89M (240,000+ daily active perp traders) -> TradFi markets (stocks, oil, gold, silver, indices, etc) represented 35–45% of total trading volume at peak -> HL commands over 70% of open interest in decentralized perpetuals. Traders are migrating to Hyperliquid because it offers what legacy venues can't. You get self-custody, onchain settlement, and round-the-clock access to markets. When the Iran crisis sent oil prices surging on a Saturday, Hyperliquid was the only venue open. It crossed $1.5B in crude oil volume in one day. Traders no longer have to wait until Monday with Hyperliquid. This is exactly why we're building Hyperscaled natively on Hyperliquid. The infrastructure for the next generation of prop firms should sit at the trader's preferred venue. Hyperscaled is the first decentralized prop firm infrastructure built directly on Hyperliquid. You trade on Hyperliquid as you normally would and associate the funded account with your Hyperliquid wallet. Hyperliquid.

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Most of you will ignore this. But Bitcoin OGs will get this instantly. 👇 I’ve been around long enough to know how early opportunities feel. When I was accumulating Bitcoin, most people didn’t get it. They called it useless, risky, and said it would never work. The ones who understood it early didn’t wait for approval, they paid attention, learned, and positioned. I’m starting to see that same early-stage misunderstanding again with @Bittensor. This isn’t just another altcoin people trade for quick gains. It’s something deeper. It’s infrastructure being built quietly while most of the market is distracted. Instead of chasing hype, it’s focused on creating real systems around decentralized intelligence. ▪️Decentralized AI networks actually producing value ▪️Real incentives, not fake yield ▪️Subnets competing like startups, but open What stands out to me is how early this still is. $TAO isn’t just a token you flip, it’s becoming the base layer for decentralized intelligence, similar to how Bitcoin became the base layer for money. The difference is, this time the market is even bigger. You’re not just looking at finance, you’re looking at AI, data, and computation all merging into one open network. Most people will ignore it because it’s not simple to understand yet. That’s exactly how Bitcoin looked in the beginning. The same doubts, the same hesitation. But if you’ve been through one cycle early, you start to trust the pattern. I’m not saying it replaces Bitcoin, nothing does that. But I am saying this: opportunities at this level don’t come often. Bitcoin was the first time I saw it. Bittensor feels like the next time I’m seeing it early again. You can study it now while it’s still quiet, or you can come back later when everyone is talking about it and pay a much higher price to understand the same thing.

Wondering what's the difference between Principle and Federated miners? Now you know the answer. 👇

Trump fabricated eight AI-generated women and claims Iran agreed not to execute them at his request. Iran has said it has no women prisoners currently facing the death penalty. We asked Grok and it stated they're AI generated not Iranian female prisoners mugshots. But Hannity and the other Trump sycophants keep claiming with zero evidence that the story is real.

Winter's Over

I have three monitors on my desk. The left one shows the order book. The middle one shows Truth Social. The right one shows the investigation queue. On April 21st, the left screen moved first. I am a Senior Surveillance Analyst at a commodities exchange. I have held this position for nineteen years. My job is to monitor trading activity for suspicious patterns and generate compliance reports. I am employee of the quarter. I have a mug. At 19:54 GMT on April 21st, someone placed 4,260 sell orders on Brent crude futures. They did this during post-settlement. The window after the market closes when daily volume is typically in the dozens. Sometimes single digits. Sometimes I watch the screen and nothing happens for forty minutes and I think about whether my daughter is happy. On April 21st, someone placed $430 million in directional bets in 120 seconds during that window. One hundred and twenty seconds. I timed it on my watch because the system clock rounds to the nearest minute and I have found, in nineteen years, that precision matters to no one but me. At 20:10 GMT, the President posted on Truth Social that he was extending the Iran ceasefire. Brent dropped from $100.91 to $96.83. I flagged the trade. I flag a lot of trades. I want to tell you what happens to my flags. My flags go into a system called TRACE. Trade Review and Compliance Evaluation. I did not name it. The system generates a report. The report goes to a committee. The committee has a name I am not allowed to share but I can tell you it meets quarterly and the conference room has a credenza with bottled water that is sparkling because someone once put still water in the room and a managing director sent an email about it that was longer than most of my surveillance reports. The committee reviews my flags. The committee has reviewed all of my flags. Here is the complete record of actions taken on my flags in 2026: Reviewed. That's it. "Reviewed" is a status. In compliance, a status is the absence of an action that has been given a name so it looks like one. Let me show you my flags. March 9th. Someone bet millions on oil falling at 18:29 GMT. Forty-seven minutes later, a CBS reporter posted that the President said the Iran war was "very complete, pretty much." Oil dropped 25%. Forty-seven minutes. I flagged it. March 23rd. Someone sold 5,100 lots of Brent and WTI crude futures between 10:49 and 10:50 GMT. Fourteen minutes later, the President posted on Truth Social about a "COMPLETE AND TOTAL RESOLUTION" to hostilities. Oil dropped 11%. Over 13,000 contracts traded in sixty seconds after the post. Fourteen minutes. I flagged it. April 7th. Someone established a $950 million short position in oil futures at 19:45 GMT. Three hours later, the President declared a two-week ceasefire. Nine hundred and fifty million dollars. I flagged it. April 17th. Someone placed $760 million in bearish bets twenty minutes before Iran's foreign minister confirmed the Strait of Hormuz would reopen. Seven hundred and sixty million. I flagged it. April 21st. The $430 million. Fifteen minutes. I flagged it. That is $2.1 billion in directional oil bets in April alone. Every one of them landed on the correct side of a presidential announcement. Every one of them was placed in a window so narrow you could measure it in bathroom breaks. I flagged every single one. The CFTC chair told a Congressional committee that his organization has "zero tolerance" for fraud and insider trading. I wrote that quote on a Post-it note and stuck it to my right monitor. The one that shows the investigation queue. The investigation queue has not moved since March. Zero tolerance. Zero staff. Zero budget. Zero prosecutions under the STOCK Act since it was signed in 2012. Fourteen years. The law has existed for fourteen years and has been enforced zero times. In compliance, we call that a compliance rate of one hundred percent. No cases filed means no cases lost. You cannot fail an audit you never conduct. We call that excellence. Last month the White House sent an internal email to staff. I was not on the distribution list but I have read reporting on it and I need you to sit with what I am about to say. The email instructed White House staff not to use insider information to place bets on prediction markets. The White House had to send a memo telling its own employees not to insider-trade. I want you to read that sentence again. Not because the instruction was unclear. Because the instruction was necessary. Because someone in the building looked at the same pattern I have been flagging for months on my three monitors and decided the appropriate response was an email. The President's son sits on the advisory board of Kalshi. He is an investor in Polymarket. Both are prediction markets. Both saw accounts created days before U.S. military action. One account. I cannot stop thinking about this account. It was called "Burdensome-Mix." It was created in December. On January 2nd, it placed $32,500 on Venezuela's president being removed from power. On January 3rd, Maduro was seized by U.S. special forces. Burdensome-Mix collected $436,000. Then it changed its username. Then it disappeared. One account is a coincidence. But there were six. Six accounts were created on Polymarket in February. All bet on U.S. strikes on Iran by the 28th. When the President confirmed the strikes, the six accounts collected $1.2 million between them. Five of the six never placed another bet. The sixth went on to correctly predict the ceasefire date and made another $163,000. My surveillance system logged all of this. My system logs everything. My system does not have opinions and neither do I. I generate reports. The reports go to committees. The committees meet quarterly. Between meetings, the windows get shorter and the bets get larger. March 9th: 47 minutes. March 23rd: 14 minutes. April 17th: 20 minutes. April 21st: 15 minutes. The window is compressing. In March, you had time to make coffee between the trade and the announcement. By April, you had time to send a text. By summer, at this rate, the trade and the announcement will be the same event. The spokesman said any implication that administration officials are engaged in insider trading is "baseless and irresponsible reporting." Then the White House sent the email again. I have been in compliance for nineteen years. I have seen insider trading run out of strip mall offices by men who could not spell "derivative." I have seen pump-and-dump schemes coordinated over WhatsApp by people who used their real names. I have seen a man try to manipulate soybean futures from a Panera Bread. I have never seen $2.1 billion in perfectly timed trades across five presidential announcements in a single month go uninvestigated. But I have also never seen a compliance system work this beautifully. Every trade flagged. Every report filed. Every committee briefed. Every quarterly meeting attended. Bottled water: sparkling. Minutes: distributed. Zero prosecutions. As long as the flags go up and the cases don't, my performance review says I am meeting expectations. I am meeting expectations. The system is meeting expectations. The $2.1 billion is meeting expectations. The fourteen-year-old law with zero prosecutions is meeting expectations. The left screen moves. The middle screen moves. The right screen stays perfectly, immaculately still. In my field, we call this price discovery.

I specifically remember some folks saying that if we didn't vote for Trump, we would have war and socialism Jokes on you, he gave you both

So Republicans have money for Spirit Airlines, the UAE, Argentina, and farmers screwed by Trump’s tariffs … but not for Western North Carolinians devastated by Hurricane Helene. America first my ass!

The profits are private in good years, while the losses are socialized in bad years.

Oh cool so apparently socialism is ok if you’re an airline but very bad if you can’t afford food or healthcare so they cut SNAP and Medicaid

$TAO INVESTORS - A Bitcoin OG just openly shared how excited he is about TAO Bittensor and its 128 subnets. Much respect, @LLuciano_BTC Most bitcoin:native OGs still can’t recognize the value of what Bittensor is building as a real, productive ecosystem. Not perfect. Not trying to replace BTC. Just building.

Democrats: "If you redo the TX maps we're going to redo other states." Republicans: "Suck it libtards. Cope." Democrats: "Ok, so we're doing CA and VA." Republicans: "Wait.. no. What? This is the end of America. Stop. You guys are mean."

Funded capital is only worth it when you can trade your preferred pairs. -> 10+ crypto pairs (95+ pairs on Hyperscaled) -> 20+ forex assets -> 40+ equities All major markets for traders to trade their edge.

The Trump admin is going to bail out Spirit Airlines with $500 million of your tax dollars but refuse to do anything to lower the cost of health insurance. Or cost of living. Or gas and diesel. Those are actually going up because of Trump’s war in Iran with no end in sight. By the way, customers rated Spirit Airlines: poor customer service, uncomfortable, non-reclining seats, and high fees for luggage. But Spirit gets a $500 million dollar taxpayer funded bailout. No you don’t get a DOGE check. No you don’t get a tariff refund check, actually you pay back tariffs by the billions. You get another foreign war that you have to pay for and someone you know gets shipped off to serve in. You get told to shut up and called a “Panican” for being outraged over Trump fighting the Epstein files and calling it a hoax. And you get the same America LAST bullshit from your government. It’s absolutely UNREAL. NOT what America voted for.

As a Bitcoin OG since 2015, I’ve seen a lot in crypto. Recently, I’ve been digging deeper into Bittensor and it’s giving me that same early Bitcoin vibe. Real potential. I agree with @Jason : $TAO has the upside to surpass $BTC. Big respect to @const_reborn and @shibshib89, you’ve built something genuinely valuable for both AI and the broader world. #Bittensor is where AI is heading. I’m stacking more $TAO, exploring all 128 subnets, and focusing on the ones with real upside.