Jay

@FirstSquawk @gladstein @thsottiaux say it ain’t so. pls keep codex separate

OPENAI TO MERGE CHATGPT, CODEX APP & BROWSER INTO DESKTOP SUPERAPP TO STREAMLINE RESOURCES & USER EXPERIENCE - WSJ

@trq212 CLI only or also Claude code in the app?

We just released Claude Code channels, which allows you to control your Claude Code session through select MCPs, starting with Telegram and Discord. Use this to message Claude Code directly from your phone.

@pitdesi @signulll Aren’t the cumulative profits of the airline industry in the US effectively 0

@signulll You’d have to charge a massive premium over current airlines (like 4x), and I don’t think customer demand would be there. Every major airline in the US lost money flying passengers and only survive bc of credit cards.

some rich billionaire, can you please create an airline that will destroy every other airline? - charge fair straight forward premium prices - optimize for comfort, food, & premium experiences. - fuck the rewards, credit cards, & points. just clean beautiful experiences. maybe acquire few airlines to do it for gate access.

@Timccopeland you should pay something like 17% apy on this stablecoin, I'm sure that will get people to use it

Been thinking about this for a while. What if you created a stablecoin that was pegged to $1 but instead of inefficiently locking up loads of capital, you back it with a second token I know it sounds kinda risky but if it drops below a dollar, people can burn the other token and redeem it for the stablecoin. If it goes above a dollar, they can just sell the stablecoin and redeem it for the other token. I feel like this might work if it captures a flywheel and builds up a sufficient ecosystem to support the daily buying and selling pressure + arbs. What am i missing here?

@mert armpit of america, armpit of

wild that most of the world's political discourse and conspiracies are about a small piece of land the size of new jersey

@lopp the puritans have really killed the discourse

If you're unable to admit that Bitcoin has weaknesses and room for improvement because your bags are heavy, then you don't own bitcoin. Bitcoin owns you.

mpp as an alternative to provisioning keys is neat

how about financial privacy?

@RapidResponse47 @SecScottBessent new level of mental gymnastics

.@SecScottBessent: In the coming days, we may unsanction the Iranian oil that's on the water. It's about 140 million barrels, so depending how you count it, that's 10 days to 2 weeks of supply, that the Iranians had been pushing out, that would have all gone to China. In essence, we'd be using the Iranian barrels against the Iranians to keep the price down for the next 10 or 14 days, as we continue this campaign. So, we have lots of levers.

@haugejostein what does this mean for the dollar...

This is wild. People in *every single one* of the top US allies now think it's better to depend on China than the US. The global balance of power is clearly tilting away from the US and toward China.

@ja3k_ You don’t fill a gallon at a time, and a tank of gas is probably one of the largest recurring expenses for most people

Idk why gas prices are so culturally salient in america. You could drive an hour a day and it probably comes to less than $3k/year. Is it because they put the price on billboards along the road?

tail wagging the dog

@balajis datacenters in the peninsula don’t seem like such a great idea anymore

I'm going to make some obvious points. (1) Blowing up all the oil infrastructure in the Middle East is an insane idea, and may well result in a global economic crash and humanitarian crisis unrivaled in the lives of those now living. We're talking about the price of everything everywhere rising, from food to gas, at a moment when inflation was already high. All of that will be laid at the feet of the authors of this war. (2) The antebellum status quo of Feb 27, 2026 was just not that bad, but we're unlikely to return to it. Expect indefinite, long-term, ongoing disruptions to everything out of the Middle East. (3) Also assume tech financing crashes for the indefinite future. The genius plan to get the Gulf states caught in the crossfire has incinerated much of the funding for LPs, for datacenters, and for IPOs. Anyone in tech who supported this war may soon learn the meaning of "force majeure" as funding gets yanked. (4) Many capital allocators will instead be allocating much further down Maslow's hierarchy of needs, towards useful basic things like food and energy. (5) It's fortunate that all those progressives yelled about the "climate crisis." Yes, their reasoning about timelines was wrong, and much of the money was wasted in graft, but the result was right: we all need energy independence from the Middle East, pronto. It's also fortunate that Elon and China autistically took climate seriously. Now they're going to need to ship a billion solar panels, electric vehicles, batteries, nuclear power plants, and the like to get everyone off oil, immediately. (6) It's not just an oil and gas problem, of course. It's also a fertilizer problem, and a chemical precursor problem. Maybe some new sources will come online at the new prices, but it takes time to dial stuff up, particularly at this scale, so shortages are almost a certainty. That said, China has actually scaled up coal-to-chemicals[a,c] (C2C), and there's also something more sci-fi called Power-to-X[b] which turns arbitrary power + water + air into hydrocarbons. But all of that will need to get accelerated. I have a background in chemical engineering so may start funding things in this area. (7) Ultimately, this war is going to result in tremendous blame for anyone associated with it. It's a no-win scenario to blow up this much infrastructure for so many people. Simply not worth it for whatever objective they thought they were going to attain. But unless you're actually in a position to stop the madness, the pragmatic thing to do is: scramble to mitigate the fallout to yourself, your business, and your people. [a]: reuters.com/business/energ… [b]: alfalaval.com/industries/ene… [c]: reuters.com/sustainability…

@brian_trollz Give carbon steel a shot

I'm sorry to let so many Bitcoiners down, to betray Bitcoin so fucking deeply at a core philosophical level, to turn my back on this entire community in the most hurtful way possible... I'm replacing my cast-iron with Hexclad.

If Hormuz is still closed in a month (it likely will be), this is going to turn into "We are doing more not-QE RMP's into an oil spike, but we are NOT monetizing deficits" so fast that investors heads will spin.

@ramahluwalia Wasn't the whole deal with msft that it would be exclusive for the stateless api and that amzn is only stateful

MICROSOFT MAY SUE OPENAI? Microsoft is not happy with OpenAI's contract with Amazon. It looks like Microsoft was OpenAI's exclusive cloud provider. Now, Amazon has an exclusive on OpenAI's next frontier model. My guess is Microsoft has good lawyers and their read is correct. Also, this isn't the first time Sam Altman deceived investors (such as @elonmusk). What this tells you is OpenAI is desparate for raising capital to fund its $1 Tn in obligations. Recall @altcap did not participate in the round... And I got an email that JP Morgan is pushing or 'offering' the stock to its wealth management base at a higher valuation in an "extension" round. The distribution is already happening... Here's the question... Can Amazon walk out of their investment into OpenAI? Amazon would not have seen the contract between OpenAI and Microsoft. Amazon's investment in OpenAI is contingent on using AWS for services. So, does the OpenAI funding round come undone? What a mess. $MSFT $AMZN

In a traditional bitcoin loan, you're trusting the custodian to decide when to liquidate you. In a DLC bitcoin loan, multiple oracles are in a mexican standoff to make sure nobody fucks around and finds out. Magnolia is proud to run one of Bitcoin's biggest oracles.

@Brad_Setser Just that the U.S. could clearly unilaterally bring the majority of this tax revenue back on shore, but for some reason it’s not a priority and it doesn’t seem like that’s changing

@jaypatel ???

Trying to get the folks who matter to care about industrial scale tax avoidance by US multinationals ...