xG.T404

I owned my first house at the age of 25. At 15, I worked two jobs. At 17, I became vegetarian and grew my own vegetables. I never ate out at restaurants. At 22, I sold my car and bought a bike. I only ever bought second-hand clothes. At 25, my parents gave me a house.

Always great to share discussions and perspectives with members on @RealVision 🙏 I learn a lot from others, but I’m always happy to share when I have something to contribute from my side.

Small additional thought. When I was growing up in the 1980s, most neighborhoods had small local businesses — a butcher, a bakery, small shops. Over time many of those disappeared as large supermarkets and big retail chains centralized everything. The convenience increased, but economic power also concentrated in fewer and larger companies. I sometimes wonder if technology might be entering a phase where part of that centralization could slowly reverse. Today many businesses depend heavily on large platforms for storage, compute, and software services. But with the rapid improvement of AI tools, hardware efficiency, and small-scale infrastructure (local servers, NAS systems, edge computing), it might become possible for individuals or small groups to run meaningful digital services locally at relatively low cost. Not necessarily competing with hyperscale infrastructure, but offering localized services, niche platforms, or community-based digital infrastructure. In that sense, AI could lower the technical barrier enough for more people to build and operate their own tools rather than relying entirely on centralized platforms. Curious whether others see any realistic path toward partial decentralization of digital infrastructure, or whether hyperscale platforms will remain overwhelmingly dominant.

I’ve been thinking about the Jevons paradox in the context of AI and infrastructure, and I’m curious how others see this playing out. Historically, when technology becomes more efficient, total consumption often increases rather than decreases. Greater efficiency lowers costs, which encourages broader usage. Instead of reducing demand, it can expand it. AI seems like a good modern example. As AI tools make complex tasks easier, more people can build software, launch services, generate media, run simulations, or automate workflows. In theory this could lead to an explosion of digital activity, not a contraction. If millions more people are able to create or run computational processes, that could mean dramatically higher demand for: - compute - memory - storage - networking - electricity This might partly explain why infrastructure companies (storage, memory, networking, semiconductors, data centers) are seeing strong momentum recently. At the same time, there are real constraints: - energy availability - grid capacity - environmental limits - geopolitical differences in energy strategy (US vs Europe vs China) So I’m wondering: Are we witnessing the early phase of a Jevons-style expansion of digital infrastructure, where AI efficiency leads to massively increased activity and therefore more hardware demand? Or is the current infrastructure boom closer to a capital cycle overshoot that will normalize once supply catches up? Curious to hear how people in the industry, tech, finance, energy markets, or semiconductor space are thinking about this. Thanks!

@iamkennethchan I guess the replay budget will be lower next time...

Stumbled onto the Team Canada Fan Fest at Jack Poole Plaza on this dreary day. Organized by the Canadian Olympic Committee. They're replaying the Vancouver 2010 gold medal hockey game. 🇨🇦 A heritage momemt. #TeamCanada #Olympics

HUGE: The $TRUMP and $MELANIA memecoin carnage is even worse than we thought. A new report from CryptoRank reveals retail investors have lost a staggering $4.3 BILLION as these assets collapsed 90%+ from their highs. The math is disgusting: => Retail: -$4.3 Billion (2M+ wallets underwater) => Insiders: +$600 Million cashed out => Ratio: For every $1 insiders made, ordinary people lost $20. The "official" seal of approval was the ultimate liquidity trap. Be careful out there.

@IceCapGlobal Definitely adding gas to the car before the end of the day!

Whew!

@RaoulGMI @zephyr_z9 People love immediate financial results, yet still watch videos from 6 months ago. With the actual situation, it's a bit of nonsense.

@zephyr_z9 This interview is 18 months old. Ive been writing about AI for 5+ years as part of my macro research, which is not just crypto. Crypto happens to be the best expression of the view over time for me.

He pivoted from crypto to AI???

@AndreasSteno How can you not be bullish with such a cool jacket! The new Jensen Huang is on RealVision!🐉💹

I joined one of the biggest online shows, Raoul the Journeyman, again to explain why I think the current setup is incredibly different from the dot-com crisis. The market is currently doing the EXACT opposite of the run-up to that crisis, which makes the bubble chatter very much blown out of proportion in my view. We go through how AI will impact sectors, how the CapEx is more often than not backed by an incredible backlog for the hyperscalers - and why I’m wearing one of the ugliest jackets on earth. Free to watch. Link below!

@DTAPCAP It's already a lot better than last week! I don't remember anything as bad for previous similar moments

Today most negative sentiment have "felt" since last bear mkt. Eth Denver reports so bad almost funny. Well known crytpo guys giving up. Alts all dead "forever." Btc lost digital gold narrative. Nothing left now. Shorts bragging/talking 45k. Etc. We're due a face ripper.

@RichardDias_CFA I can't wait to hear a talk on Nuclear Energy in the Loonie Hour! Or maybe the next one? ;) "Denison Mines ($DNN) has received regulatory approval for the Phoenix in-situ recovery (ISR) uranium mine in Saskatchewan's Athabasca Basin. "

@DTAPCAP @scottmelker Not very @DanTapiero style People need to stop adding fake AI-generated titles to try to get views. Create good conten,t and people will follow... When do we get a update of @RaoulGMI and @DTAPCAP combined?

@scottmelker Bitcoin is not broken. Bad title. Wrong title.

This Bitcoin Selloff Is Different And Nobody Understands What Comes Next! w/ @DTAPCAP 🔥 youtu.be/XM3GMkAh9GU

This is my 5th major crypto crash. If it's your first, I know it feels devastating. But nothing about Bitcoin's value proposition changed in the last 30 days. The infrastructure got better. The adoption grew. Real use cases have emerged—from payments with stablecoins to tokenized equities. Crypto will come back stronger.

@RaoulGMI I wish I had more money available. Your fries like them roasted?

Presented without comment

@RaoulGMI Exactly... But It's getting dry for sure. More liquidity please!

The game you should be playing.... Market cap from $3trn to $100trn in next 8 to 10 years. Strategy: Hold high quality assets and do nothing... 1/

@AndreasSteno I think the future will be more nodal than ever. Where each app is a node who can be replaced at all time. With input and output.

I mean with dealing with softwares each day who are very expensive to run and we're using those GPU many years before AI or cryptocurrency. And also not for the game industry. I can tell that those software still have a long long wage before something else may replace it. Not until 3-5 years min honestly. But for now. New users are going away. Making each senior worker rare. New workers just don't want to join by fear. And sentiment.

In case someone missed it, Jensens clients are software companies

@paulguerratv @tyler @RaoulGMI @BittelJulien yeah every graph publish spread like crazy

@tyler Love to see @RaoulGMI and @BittelJulien work reaching more people!

👀

@AndreasSteno @RaoulGMI @BittelJulien Oh damn, I arrived too late at the McDonald's. You guys got replaced already! 😜

@RaoulGMI , @BittelJulien and me, if the ISM to BTC correlation breaks down as well this year! Stay tuned!

@SteveSaretsky Let's go! 😅

Things to watch…

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