Bag Holder

On Khamenei: We don’t list markets directly tied to death. When there are markets where potential outcomes involve death, we design the rules to prevent people from profiting from death. That is what we did here. I know some of you disagree and prefer that we list these markets without a death carveout because it keeps the rules simple and because many traditional markets, like oil futures, can be proxy markets for war and death. But we believe that’s different than having a market directly settling on someone’s death, which is not allowed for US regulated entities. What’s the point of the market, then? A market on Ali Khamenei out as Supreme Leader was important because leadership changes in Iran have major impact on the world order: • geopolitical implications • economic consequences • national security considerations • oil and commodity prices, many of which move based on news and expectations around this outcome And it’s always possible for a ruler to step down or transition power without death, even in autocracies. It just happened in Venezuela. In these instances, we make the caveat clear in the rules and in the market page, but today is a good learning that we can do more in terms of improving the UX and adding more ways to surface the rules. We are committed to improving. In the meantime, here’s what we’re going to do: • We are reimbursing all fees from this market • If you have a position from before Khamenei died, you will be paid out on the last-traded price before his death. (This was clear in our rules) • If you have a position from after he died, we’re going to fully reimburse your cost of entry

"Look, software is oversold. We're getting a lot of calls from LPs and big institutions saying, do you still have room? Are you open? And we're not. There are some very big, large investors that have a lot of experience that are looking to deploy capital, especially in the private market in software… there are some jewels in the public markets right now that are worth so much, that have 30 years of domain expertise built into their process, built into their product. And those companies are really, really cheap right now." — Orlando Bravo on CNBC today

There are stupid tweets then there is this. This is tops. The best thing Trump has going for him is the incompetence of Democrats on this topic.

Probably not the message you want to be sending to the crypto community before midterms.

This is a well-coordinated, nefarious take-down by a group of manipulators. This appears to be a coordinated and malicious attempt by a group of manipulators. They must be well-capitalized to execute such a strategy. This situation does not involve original investors or retail Bitcoin holders selling off their BTC. Instead, large amounts of Bitcoin have been utilized to drive the price down by 50% over the past several months. This must be investigated by Congress. Saylor, Tom Lee, Armstrong, and CK must be subpoenaed and made to answer what happened on October 10th and continuing to this day.

HODL

First, the good part of the Anthropic ads: they are funny, and I laughed. But I wonder why Anthropic would go for something so clearly dishonest. Our most important principle for ads says that we won’t do exactly this; we would obviously never run ads in the way Anthropic depicts them. We are not stupid and we know our users would reject that. I guess it’s on brand for Anthropic doublespeak to use a deceptive ad to critique theoretical deceptive ads that aren’t real, but a Super Bowl ad is not where I would expect it. More importantly, we believe everyone deserves to use AI and are committed to free access, because we believe access creates agency. More Texans use ChatGPT for free than total people use Claude in the US, so we have a differently-shaped problem than they do. (If you want to pay for ChatGPT Plus or Pro, we don't show you ads.) Anthropic serves an expensive product to rich people. We are glad they do that and we are doing that too, but we also feel strongly that we need to bring AI to billions of people who can’t pay for subscriptions. Maybe even more importantly: Anthropic wants to control what people do with AI—they block companies they don't like from using their coding product (including us), they want to write the rules themselves for what people can and can't use AI for, and now they also want to tell other companies what their business models can be. We are committed to broad, democratic decision making in addition to access. We are also committed to building the most resilient ecosystem for advanced AI. We care a great deal about safe, broadly beneficial AGI, and we know the only way to get there is to work with the world to prepare. One authoritarian company won't get us there on their own, to say nothing of the other obvious risks. It is a dark path. As for our Super Bowl ad: it’s about builders, and how anyone can now build anything. We are enjoying watching so many people switch to Codex. There have now been 500,000 app downloads since launch on Monday, and we think builders are really going to love what’s coming in the next few weeks. I believe Codex is going to win. We will continue to work hard to make even more intelligence available for lower and lower prices to our users. This time belongs to the builders, not the people who want to control them.

LIKE 👍 IF YOU THINK ANN VANDERSTEEL SHOULD HOLD A PRESS CONFERENCE IN FRONT OF THE SEC HQ - Ann Vandersteel says she plans to release key information that could expose the SEC’s inaction in protecting retail investors ALL RETAIL SHOULD LIKE $MMTLP $GME $AMC $GNS $QNTM $BYND

Throwback to ~7 years ago when this was one of the main talking points: "When the big automakers choose to make electric vehicles they will crush Tesla"

LOOK at those prices and realize what they’ve taken from us: