Devils Advocate

Why are we waiting so long to reduce inflation? Do we really need another committee to study it and recommend that we lower gradually? Let's reduce by 1% each month until we reach 4%, then evaluate. What's the worst that could happen? Price goes down 😂. $ATOM

Polkadot’s economic upgrade begins rolling out in 10 days. Enhanced tokenomics increases DOT scarcity and introduces new governance and staking mechanisms. ▸ DOT supply capped at 2.1B ▸ Emissions cut 53.6% ▸ Unbonding from 28 days to 24-48 hours More details ⤵️

A billionaire just went on the biggest podcast in the world and said America is HEADING for civil war. This is a man who owns stocks, real estate, and companies. David Friedberg, investor, All-In Podcast host broke down how de-dollarization is gutting the middle class in real time. The government keeps spending and the dollar weakens. Stocks, real estate, goes up and everything the wealthy own keeps climbing. They don't even have to do anything. Most Americans don't own assets. They're net negative. They live off a paycheck. The dollar loses value, and that paycheck shrinks. Rent climbs, groceries cost more. The top 1% now holds 31.7% of all wealth in America. Highest share ever recorded. The bottom 50% holds 2.5%. $55 trillion sits with the wealthiest 1%. That's roughly what the bottom 90% has, combined. And the gap is still widening. The Gini coefficient, the global standard for measuring inequality just hit a 60-year high. Worker wages as a share of GDP? A 75 year low. Now drop AI into the middle of it. Yesterday, Jack Dorsey gutted nearly half of Block's entire workforce. Over 4,000 people, gone in one single firing. Block wasn't struggling and they posted $10 billion in gross profit last year. The stock ripped 22% higher on the announcement. Sit with that for a second. 4,000 people lost their livelihoods and investors made billions. That's the economy Friedberg is warning about. Dorsey went further. He told the world most companies will follow within a year. "Intelligence tools have redefined the process of creating and managing a company." Look at the last two months alone. Amazon, 16,000 jobs in January. Dow, 4,500. Pinterest, Meta, Nike, Allianz, WiseTech, all pointing at AI. 49,000 tech jobs wiped out since the start of 2026. Forrester says 10.4 million American jobs will be permanently gone by 2030. These jobs are gone and replaced by models and automation. And the money those systems generate? It goes straight to shareholders and executives. The people being replaced never see a dime of it. Friedberg pointed at what's already happening on the streets. Minnesota protests. 50,000 people marching through Minneapolis in January. He said the economic divide is the fuel underneath all of it. Then he said the thing no billionaire is supposed to say. A wealth tax might be unavoidable. Not because he wants one because the only other option is worse. "Can you do it violently or nonviolently? If there's a nonviolent path, that's probably the preferable path." A billionaire is telling you the system is cracking. AI is speeding it up. The people getting laid off can't buy stocks with their severance. The people making billions off AI aren't hiring replacements. This is the biggest economic story of the decade. Bookmark and share it with everyone.

Here it comes… Ro Khanna + Bernie Sanders are proposing a *national* wealth tax on billionaires. Going even further than California, they want this 5% unrealized wealth tax to be annual.

On November 13, 2025, we announced that Drop is shutting down operations. Today, we’re providing clear details on how the redemption process will work, including when and how users can claim their native tokens and any accrued staking rewards. Withdrawals will be processed through a force-unstake mechanism. The protocol’s underlying stake and rewards will be undelegated from each network (Cosmos Hub, Celestia, Neutron, and Initia), after which users can redeem their native assets by burning the corresponding LSTs. All redemptions will be honored at the protocol’s final exchange rate. There is no need to swap out of dAssets in advance and incur slippage. Please review the important dates below: 📆 February 26 (Today) Ahead of the unstaking process, we will disable the creation of, and voluntary unstaking of dAssets. 📆 March 2 • All underlying assets will begin unstaking. • After this date, dAssets will no longer earn APR. Users will continue to see their dAssets in their wallets, but the protocol’s redemption rate will no longer increase. 📆 March 16 • Users will be able to instantly claim unstaked dTIA via the Drop website. 📆 March 23 • Claims for the remaining assets (INIT, ATOM, and NTRN) will open. • Users can convert their dAssets into the underlying assets via the Drop website. Please take note of these dates and plan accordingly.

Fidelity is building a Digital Asset Operating Platform for onchain finance. They are also hiring talent across EVM, Solana & Cosmos SDK. 2026 is shaping up as the year institutions shift from being onchain to operating onchain.