Jake Eaton

@mert lolz if it costs $500k to educate someone the better question is wtf?? You could pay a 1-1 tutor for 4 years at $125k for that much.

leave Canada before it's too late to be clear: - you already pay for the school in Canada (which is not cheap) - you obviously pay your taxes that whole time when you are there as well as paying the oligopolies of banks, housing, and telecomm, swathes of money - you earn less than any American doing the same job AND the currency you earn in is worse AND the prices of all commodities are higher - when you leave, you have the "exit tax", which makes you pay full taxes on ALL your assets as if you just sold all of them (including illiquid startup equity btw, that was fun) - and now the proposal is to pay an additional half a million in cash *just to leave the country* zero

@Flowslikeosmo Yeah seems interesting my case was that if traditional products coming onchain is going to be a huge part of the future of blockchains these tools being able to rebuild some of those tradfi products as well could be a huge part of the valuation. Awesome stuff!

@_JakeEaton Thanks Jake! Good idea, I’ll consider it for the next time I write a price on them. For the most part, the focus was the valuation. But I can understand how future products could affect the valuation. For now I think Boros is right where it needs to be.

@AdamBLiv Banger, no comments

Bitcoiners will watch a 9 hour podcast about sovereign debt collapse while eating shredded cheese out of the bag at 1:14 AM, refresh the price every eleven seconds, whisper “they have no idea what’s coming” to a dog that clearly wants to go outside, and go to sleep fully clothed next to a laptop with 37 open tabs titled things like GLOBAL LIQUIDITY FINAL FINAL v2 and MSTR model REAL. Then wake up, see Bitcoin down 2.7%, stare into the bathroom mirror like a Civil War widow, and still buy another $48.63 because the voice in their head that sounds like Michael Saylor and untreated spiritual warfare said the fiat goblins are getting sloppy.

@MLFiuk @chamath Or maybe a higher cash comp and a lucrative discounted share purchase program. If someone opts in and DCAs over time the may have more commitment.

@chamath Fair point! Straightforward to shift the balance over time to as org matures (option heavy at first, then heavier on cash) as well

This is 💯 The outcome is that employees will want more direct comp and you will see it in EBITDA and FCF.

Fucking Anthropic …

@1914ad As part of your research did you analyze if he has ever covered many of the other projects working on this like @adam3us /@Blockstream, @btc_quantum, and others? Or only his company?

@nic_carter can you share your opinion sometime on other solutions trying to tackle quantum. For example I haven’t heard you talk about @adam3us ‘s conversations about @Liquid_BTC/@Blockstream or @btc_quantum. Meanwhile when my AI agent did a few hours of research it called out a lot of what these two are doing.

This is your heads up to become an expert in maritime salvage law before it becomes a big topic on here

@coinjoined @giacomozucco

Meanwhile the Gays of Hormuz require payment in Ethereum

Stablecoin Payouts are now available for Circle Mint Singapore partners, expanding Circle’s payout infrastructure into Asia. As demand grows for faster, more transparent, and more operationally efficient cross-border payments, Singapore is a natural place to expand Circle’s global payout infrastructure. For payment service providers, fintechs, and global payments companies, this means: → More automated payout workflows → Less manual operational complexity → A compliant path to scaling cross-border payouts with USDC This is another step in the evolution of Circle Mint into full-stack payments infrastructure for internet-native money movement. circle.com/blog/circle-pa…

@btc_quantum @BTQ_Tech @Bankless, @TrustlessState, and @RyanSAdams this would be a good on to cover. I feel nobody is talking about this project and their PQ testnet. Despite that throwing some of the top Claude and Gemini models at PQ for BTC they both flagged this company and their testnet for me.

🚨 GOOGLE VALIDATES URGENT RESPONSE TO SECURING BITCOIN FROM QUANTUM THREAT 🚨 Today Google announced major progress towards breaking cryptography using quantum computers. They show that Shor's algorithm can crack ECDSA using 1,200 to 1,450 logical qubits. Timelines continue to shrink as this represents another 20-fold reduction in the number of qubits required to break the fundamental cryptography underlying Bitcoin. "This is a continuation of a long history of gradual optimization in compiling quantum algorithms to fault-tolerant circuits." Bitcoin Quantum is now in V3 of testnet. It is the only concerted effort to re-build Bitcoin for a quantum era. Join us in building a quantum-safe future.

@austincampbell Interesting. I guess retail might not think about it but the United States has already broken its gold convertibility promises in the past. Do you think that would hurt the credibility of this?

0/ Absolutely incredible. This slams together so many things into a single topic that are either unrelated or actively counter to each other. In classic fashion, it's going to take way more text to explain this than it is to say it, so I'll start breaking it apart.

@judyshel Interesting. I guess retail might not think about it but the United States has already broken its gold convertibility promises in the past.

Here’s a useful visual. The United States has most dominant global reserve currency and highest level of official gold reserves. We should play to our strengths and combine them through new initiatives enabling stablecoins backed by gold-convertible long-term Treasury bonds. It would be a one-two punch in support of sound money and establishing a solid foundation for productive economic growth.

@mert The moon

all in all, america is still objectively the least worst system there is but something needs to unify them sooner rather than later

americans vastly underestimate i) how outnumbered they are on the internet ii) how susceptible their population is to propaganda given their political system iii) how much the rest of the world hates trump, specially now that he's trolled pretty much all of them

@mert It’s crazy and many are so bad about it and in the era of AI we don’t know how it will be used. Like GM motors just got in trouble for stealing peoples driving data and selling it to data brokers who used that to risk profile people and jack up their rates.

people think privacy is about hiding from big brother, but it's mainly about security data you give to others is data that will be stolen to attack you ai is accelerating this and it's about to get a lot worse encrypt everything. self-custody. cold hardware.

as information & intelligence become abundant, markets become the main global information system this is how polymarket predicted the elections and why oil prices are used to gauge the war crypto's task is scaling and hardening this system at planetary scale

@blockchainchick I think median rent is also up 50% in that timeframe.

FIVE YEARS OF GROCERY RECEIPTS JUST EXPOSED THE MOST PROTECTED LIE IN ECONOMICS. Since 2019, the government says cumulative inflation is about 25%. Here is what actually happened to the things you buy every single week: Eggs: +79% Ground beef: +77% Coffee: +68% Car insurance: +55% Electricity: +43% Bacon: +26% Bread: +24% Five out of seven of those are running 2x to 3x faster than the official number. And the only two that tracked near CPI? Bacon and bread. The lowest-cost, lowest-margin items in the basket. The things that actually drain a household budget, the protein, the energy, the insurance you are legally required to carry, those are the ones the official number keeps understating. The CPI was retooled in the 1990s to reduce reported inflation. They added substitution adjustments. They changed how they weight housing. They smoothed out the things that spike. This is documented BLS methodology, not conspiracy. Food overall is up 30% since end of 2019. Car insurance premiums up 54% since 2020. Electricity just hit all-time record prices. But the official line is 2.4% annual inflation and the Fed debates rate cuts. Your grocery receipt is the only honest inflation report left.

I can feel it

Bitcoin needs to get ready for the quantum era. We need to strengthen initiatives like BIP 360. We need to invest more efforts in finding creative, smart solutions to ensure Bitcoin is post-quantum secure. Saying that quantum computers are coming is not FUD. FUD is claiming Bitcoin can't adapt to whatever challenges quantum brings. It can adapt, I have no doubt about that. Just need to start working on these solutions TODAY.

@ronrule @UziCryptoo Based

@UziCryptoo Option 3. Do #1 and then in 20 years complain about $7500 rent and “boomers” in a house now worth $3M they only paid $300k for. Most people seem to choose option 3. 🙄

Option 1, rent a house for $2500/month Option 2, give the bank $100,000 and pretend you own a house for $4000/month knowing $2700 is going to interest.