Sovereign Kook. 58OZ Gang
7.1K posts

Sovereign Kook. 58OZ Gang
@Bitcoin_kook
The wages of fiat is death, the gift of #bitcoin is life.
Secret spot Katılım Mart 2020
2.7K Takip Edilen1K Takipçiler

@EddyElfenbein @LynAldenContact With @NickSzabo4's "Shelling out: The origins of money" as the precuel, and then with @saifedean 's "The Bitcoin Sandard" , @timevalueofbtc's "Layered Money" and @LynAldenContact's "Broken Money" as episodes 1,2 and 3, you get the most epic story of money of all times.

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Morgan Stanley just filed for a spot Bitcoin ETF.
The ticker is $MSBT. It will trade on NYSE Arca. Fidelity is the custodian. BNY Mellon handles cash custody. Seed capital: $1,000,000.
This is the first major US bank to file for its own spot Bitcoin ETF.
Morgan Stanley manages $1.2 trillion in wealth management assets. They were one of the first wirehouses to allow their financial advisors to pitch Bitcoin ETFs to clients. Now they want their own product.
For context, here's the timeline:
2017-2020: Wall Street's biggest names called Bitcoin a fraud.
Jamie Dimon: "Bitcoin is a fraud... worse than tulip bulbs."
Warren Buffett: "Rat poison squared."
Larry Fink: "An index of money laundering."
January 2024: The dam broke. The SEC approved 11 spot Bitcoin ETFs in a single day. BlackRock (IBIT), Fidelity (FBTC), Grayscale (GBTC), ARK (ARKB), Bitwise (BITB), VanEck (HODL), Invesco (BTCO), Franklin (EZBC), Valkyrie (BRRR), WisdomTree (BTCW), and Hashdex (DEFI) all launched.
In just over a year, spot Bitcoin ETFs have crossed $120 billion in total AUM. They are the fastest growing ETF category in history. Net inflows in 2025 alone: $23 billion.
March 2026: The banks arrive. Morgan Stanley's filing signals a new phase. The asset managers built the infrastructure. Now the banks that called Bitcoin a fraud want to manufacture their own products and collect fees on it.
Every major Wall Street institution now wants a piece of Bitcoin. The transformation from "rat poison" to regulated financial product is complete.

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Sovereign Kook. 58OZ Gang retweetledi

China imports 95% of its helium. 90% of that comes from Qatar. When Iranian drone strikes forced Qatar to halt LNG production at Ras Laffan on Sunday, they didn't just disrupt gas markets. They cut off a non-substitutable input to every advanced chip fab in China.
Qatar produces 21-35% of the world's helium, all as a byproduct of LNG processing. Helium is required to cool EUV lithography systems, the machines that print every cutting-edge semiconductor on Earth. Each system consumes over 10,000 liters annually. There is no alternative coolant. When the gas stops, the helium stops, and the fabs stop.
Beijing knew US helium reserves were a strategic vulnerability and deliberately restructured its supply chain around Qatar to reduce American leverage. That bet just detonated.
The US now controls 51% of global helium reserves. Without issuing a single new sanction, kinetic action in the Persian Gulf just achieved what years of export controls and entity list additions couldn't: severing China's access to a critical chipmaking input.
The AI chip war, the ASIC supply chain, the entire global semiconductor buildout all run through a noble gas most people associate with birthday balloons. The helium chokepoint is real, it's binding, and it just got weaponized.

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Take the fight to the meme level. stop telling people they're gay, stupid, pedo, nozi... Meme your stance. @adam3us @hodlonaut, @knutsvanholm ,@giacomozucco. I'm concerned with the censorship resistance's possible degradation the bip-110 proposal can bring about.
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I've long suspected Bitcoin is a giant Ponzi scheme and now I'm hearing tales of woe that make me fear I'm right.
mol.im/a/15643681
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Sovereign Kook. 58OZ Gang retweetledi

Nonsense
It's the other way around: the evidence tells us that AI is dependent upon Bitcoin for its expansion
For example, bitcoin mining can be used alongside AI for strategic advantages including
- monetizing energy during AI datacenter construction
- using forward-purchased energy that would otherwise be wasted
- smoothing demand patterns of AI load and recategorizing AI datacenters as FLC (flexible load consumers) source: web.archive.org/web/2024033021….
As FLC, AI datacenters become far more likely to win contracts with grid operators, and help grid operators delay infrastructure investment costs that AI would otherwise necessitate (source: nicholasinstitute.duke.edu/sites/default/…)
As for the profitability of mining, this lacks nuance (to say the least). Here's why
1. In places such as Europe, where electricity prices are high, mining still exists because often miners view heat recycling as the primary revenue, SATS as the byproduct
2. Bitcoin mining companies increasingly buy generation assets, allowing them to mine for zero marginal cost
3. Bitcoin mining companies can use older mining rigs on intermittent power sources, getting a very cheap rate.
4. Stranded energy such as O&G and landfills provides the chance to mine at ~1c/kWh in return for higher upfront CAPEX
5. Demand response, FCAS, RECS, carbon credits all provide ancillary revenue sources that aren't factored into general "mining is unprofitable below level-x" pronouncements
6. Prices can and often do go negative where there are renewable electricity surpluses, despite the general wholesale price of electricity (Again, a suitable source for older mining rigs)
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@cryptomanran YEAH SURE... AI IS CURRENTLY SUPER PROFITABLE AHAHAHAHAH AND IT COMPETES DIRECTLY WITH BITCOIN ON STRANDED ENERGY AND REMOTE SOURCES AHAHAHAHHA GFY!!
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AI has killed Bitcoin forever.
It became Bitcoin mining’s biggest competitor.
Not another crypto.
AI.
Because both industries compete for the same thing:
electricity.
And right now, AI is willing to pay much more for it.
Bitcoin mining revenue per MW:
$57 – $129
AI data center revenue per MW:
$200 – $500
Same electricity.
But up to 8x more profitable.
That’s why miners are starting to pivot.
Core Scientific signed a massive AI hosting deal.
Hut 8 signed a $7B AI infrastructure agreement.
Cipher Mining cut its hashrate 51% to focus on AI compute.
So a new question is emerging:
If AI becomes the highest bidder for electricity, what happens to Bitcoin?
In my new video, I break down:
• Why miners are switching
• What it means for hash rate
• And the two scenarios that could play out for Bitcoin
[link in comments]

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Sovereign Kook. 58OZ Gang retweetledi

Netanyahu posted a proof-of-life video. People said it was AI because he had 6 fingers. He posted another one ordering coffee and showing 5 fingers. People said that was AI too because the coffee didn't spill.
We've crossed a line we can't uncross. The same AI tools that can generate a convincing fake of anyone on Earth have made it impossible to prove anything is real.
The technology that was supposed to give us more information has made all information less trustworthy.
This isn't about Netanyahu. Every world leader, every CEO, every public figure now lives in a world where "that's AI" is an unfalsifiable response to any evidence.
Proof of life now requires multiple videos, press witnesses, and cafe Instagram posts. People still don't believe it.
We built tools so powerful that seeing is no longer believing. Nobody has figured out what replaces it.



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