
Cryptoshi
456 posts


@AutismCapital you are misquoting Jiang said he said he isn't 100% sure. Sneako gave the answer after researching
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@chamath Nice lets talk DEI and billionaires' tax and forget the war it's only for the peasants anyway #allincuckcast
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@AussieAnarchist @great_martis i agree RBA won't allow it but i do believe they need to keep raising
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@great_martis The RBA will never allow this. They can buy unlimited bonds at whatever yield they want. The Real Estate mega-hyper-bubble will not be allowed to deflate by any meaningful amount. 8% mortgage rates would crush the real estate speculators.
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Aussie 2yr yield looks set to explode.
Who's prepared for 8% mortgage rates this year?

First Squawk@FirstSquawk
AUSTRALIA 3-YEAR YIELD EXTENDS GAINS TO UP 11 BPS AFTER BULLOCK COMMENTS
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@Austriker3 @linzcom doubt it, by then investors will pass on higher rents and mortgage rates will go higher too. Its will become unsustainable very quick
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I've been through the data. This is all electricity, and more specifically it is the effect of very generous rebates rolling off.
Now considering the underlying energy costs for businesses haven't moved (they didn't get subsidies) and prices will probably fall mid-year. This kick in CPI will be short-lived.
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@prince_alcides @GazzettaFerrari it should be more favourable for his driving style he brakes extremely late
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@GazzettaFerrari The way Lewis is aggressive on brakes is better or worse to recovery energy?
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🚨 | Hamilton puts in a good lap on his second attempt, just 0.3s off Russell. The different deployment strategy versus Mercedes is clear: Ferrari uses a lot of energy on the main straight, then saves and recharges on the second stretch up to Turn 4 and then to Turn 11, before both cars deploy everything again on the penultimate straight.
Through the corners, the SF-26 seems to hold up well, and we’re especially seeing Lewis aggressive under braking—something we saw very little of last year.
📰 @Fred__18

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This clip is circulating everywhere.
No, President Trump did not say he “made a mistake” on his nomination of Kevin Warsh for Fed Chair.
This clip has been taken out of context.
He is referring to his appointment of Fed Chair Powell in 2017, because his "Treasury Secretary wanted him so badly".
Warsh was the "runner-up" at the time and he remains Trump’s nominee now.
Filter out the noise.
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@Jason @realDonaldTrump @JDVance you'd be a fool dismiss his attitude is it how you want your kids to be raised or admire
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Prediction: President Trump raises the minimum wage and wins the midterms
Such an obvious power move to fix affordability, can’t imagine @realDonaldTrump @JDVance don’t take it.
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@DavidSacks No one really knows Reid Hoffman the rest are big names
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NYT story on Epstein & Silicon Valley has paragraphs on Elon, Peter Thiel and even photo of JCal who is a total NPC. But Reid Hoffman barely gets mentioned despite having the deepest Epstein relationship and having lied about it. This is the protection that hundreds of millions of dollars in donations to the Democrat Party and anti-Trump lawfare buys you. NYT is a scumbag publication.
Chief Nerd@TheChiefNerd
David Sacks Asks Why the New York Times is Protecting Reid Hoffman 🤔 “The number one person in the Epstein files from Silicon Valley which is Reid Hoffman … stayed at not just the island, but the townhouse and the New Mexico ranch.” “The New York Times clearly has a list of people they consider approved targets. They're all right-coded people like Elon or Peter Thiel … But the people who've donated hundreds of millions of dollars to the Democrat Party and have paid for dirty tricks against Trump, they basically are spared.”
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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.
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@patrickbetdavid mate the rich have already destroyed the middle and lower class.
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@russell_m @chamath exactly businesses and consumers want the lowest cost it's a no brainer. open source is the only winner and late stage capitalism collapses
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@chamath China is going to do what China always does.
In the case of AI, they are going to continue to push frontier open-source models into the world to try to damage the closed-source operators.
Is this really much different than their solar panels or the EV cars?
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Thought exercise:
USA and China both win the AI race.
Our AIs are roughly equally capable: what we can build, they can also build. Whatever next gen weapons we design, they can also design.
This creates a detente where we each stick to our own hemispheres and leave each other alone.
Each of us rely on a few countries for resources, know how and capital. Those chosen countries exclusively work with US or China but not both.
Every other country in the world then becomes a vassal state of either the US or China. With no native AI or critical resources, they lobby to become a protectorate of one or the other.
Huge shift in the global order if this happens.
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@chamath China will win and destroy capitalism. Open source is attack on capitalism. Open source means Europe can adopt Chinese models at a much lower cost its a commodity. Heck even American companies can see through that and take advantage of it. Crypto and network effects is the way
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Chamath's best trade is not a tech stock... it’s copper.
I don’t usually agree with him, but not this time.
- Copper is required across the entire economy
- The market underestimates how severe the shortage is
- There is no viable substitute
- By 2040, supply is projected to be ~70% short
Copper is the best pick for 2026.
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@ianbremmer This is a great counter to the whole censorship free speech debate, the US looks unhinged in comparison Europe as much as there are many issues in Europe itself. It's not because it's the 'left'. All we need is common sense to prevail
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