Adam Stradling

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JUST IN: 🇷🇺 Russia slams 🇺🇸 US stablecoin push. Special adviser to Putin, Anton Kobyakov, says it’s a scheme to shove $35T debt into crypto, devalue it, and reset the system.

@brucefenton Oh, you forgot, they will also add coin inflation that matches GDP growth.

Talking point from the next upcoming fork war: “Listen. You had fun with your nerd money and we appreciate your enthusiasm for open systems and this cypher cyberpunk thing or whatever you call it. But now this asset is actually important and needs proper governance. We adults are in the room are here now. We aren’t changing anything major - just some common sense KYC and coin freezing protocol added to Bitcoin. It’s less than 80 lines of code. Clearly we can’t support terrorism and anyone against this simple change is against progress. The radicals basement dwellers who want to never change things just aren’t realistic about mainstream finance in the real world. If we don’t do this simple change we will see Bitcoin drop by 80%. The key devs, experts and big holders agree.”

@brucefenton It's the tax laws. We've know that for a while now.

In 2015 there were 130+ restaurants in Portsmouth NH who accepted Bitcoin. There was a Bitcoin embassy and a Bitcoin shop that only accepted Bitcoin. Conferences including the Satoshi Roundtable would see 70% or more to ticket sales transacted in Bitcoin. Today Portsmouth has basically zero businesses that accept Bitcoin. Last year the Satoshi Roundtable, for the second consecutive time in 11 years, had zero tickets paid for using Bitcoin. I used to use Bitcoin all the time for payments. Money needs to be used as a medium of exchange. IMHO this is a major failure. I don buy the argument that people just want to keep their Bitcoin more and so therefore aren’t spending it. You can always spend and replace. Using Bitcoin for purchases is a great way to grow the network and increase holders. Why has this failed? Some blame the Lightning Network for failing to deliver on adoption of easy & cheap payments. Some have shifted the goalposts and have either forgotten or choose to ignore that Bitcoin was used as money and a means of exchange. Some say that the lack of privacy harmed Bitcoin. Others blame regulations. Some say that it doesn’t matter anymore or that digital gold is the main use case. What are your thoughts? Should Bitcoin be a medium of exchange? Can Bitcoin succeed without being widely used for daily purchases? What is most needed to fix this? What prevents you from using Bitcoin more often for purchases?

The last few days in AI is insane 🤯 12 most incredible developments from Google, OpenAI, Alibaba, Unitree, Manus and more 1/ China unveils new Quantum Computer ‘Zuchongzhi-3’—a 105-qubit machine that performs calculations one million times faster than Google's Supercomputer.

$VVV is how agents will access inference and compute onchain

Ironic that we got free AI from a hedge fund and $200/month AI from a nonprofit.

@paulg First? ... What about the Concorde in the 80s/90s?

Unless there's some technical glitch or weather problem, the first privately developed supersonic aircraft will go supersonic in about 4 hours.

@dogeofficialceo Stable Diffusion author was from Germany

It’s so over for Europe

@BrianTycangco "Without implementing tariffs, Chinese EVs will eviscerate the competition globally" -- Elon Musk

Tesla's market cap is $1.37 trillion. Alone, it's worth more than SEVEN TIMES the entire China EV industry. BYD Company $BYDDF $106.83b Geely $GELYF $19.86b Nio Global $NIO $9.40b Li Auto $LI $23.46b Xpeng Inc. $XPEV $11.65b Zeeker $ZK $6.94b Zhejiang Leapmotor $ZJLMF $5.10b Polestar $PSNYW $2.15b China EV industry (listed firms) total: $185.39b Even if we threw in Xiaomi's $101b market cap, the total would amount to just $286.39b. And they haven't even really started selling that many EVs yet!

Blackrock officially recommends a 2% allocation to #Bitcoin The world has $900T in assets and 2% of that implies a Bitcoin market Cap of $18T ~ $900K Per Coin. Are you paying attention?

No f*cking way. Either we are in a simulation or this is something else because how is this even possible?

ChatGPT moment is coming. The power about to be unlocked is unfathomable. I expect QC will have its "AI Moment" within the next 2 to 3 years where its immense value becomes obvious, much like ChatGPT did less than 2 years ago. When this occurs, we will see a rapid repricing of this industry which is absurdly trading under $10B today despite its insane growth rate in processing power which shows no signs of slowing (qubits). When Bitcoin had a $10B mcap, it was trading for $500. Imagine buying Bitcoin at $500.

@jeremykauffman In America, the **mean** wealth is at least double the **median** wealth. In other "rich countries", income disparities are much lower than America. Your data needs to be adjusted for skewness. Result: healthcare in America is very expensive for the poor.

Luigi Mangione's manifesto includes a superficially damning claim. However, it's wrong. Want to understand why the US spends so much on healthcare to get such poor results? Read this thread to see the greatest (and most unknown) analysis of US healthcare ever done.

@nic_carter @TuckerCarlson TONS of people respect this guy. Especially those who built the industry early on.

@TuckerCarlson Almost no one in bitcoin respects this guy. He championed a hostile fork to Bitcoin (Bitcoin cash), failed miserably, and has been whining ever since. He also evaded taxes and is now getting his due.

Roger Ver is facing life in prison for revealing how the US government worked secretly to subvert cryptocurrency and prevent economic freedom. More people should hear this story. (0:00) Roger Ver Facing Extradition (7:49) The Hijacking of Bitcoin (12:18) How the Government Tracks Your Every Transaction (26:26) Who Is Satoshi? (27:13) Why Ver Chooses to Speak Out (38:19) Ver’s Experience in a Spanish Prison Includes paid partnerships.

GM #Bitcoin

Feels weird to say this after so long.. But it's officially Altcoin Season! (according to the index).

Wow. This is the highest the Altcoin Season index has been since 2022. We've been waiting for this for years!

@atheorist It also ignores how large the dimension space for "intelligence" actually is. A singer or hockey player has a very different type of intelligence than a physicist or engineer. No test in existence encompasses all intelligence dimensions.

Something I hate about IQ discourse is that it's never rooted in benevolence for those with lower IQs. The conversation is always centered around finding IQ differences - with little concern for actually helping people. I realize the reason for this is because IQ realists feel that debate is often suppressed so the discourse has simply become debating 'over the facts' of who has what IQ. However, if IQ realists wanted to be taken in good faith I think the approach to their findings would be far more connected to good policy and exhibit clear compassion for those who simply just have less compute.

WARNING: Housing defaults have skyrocketed This is unlike anything we’ve seen in a decade A thread 🧵