JJS

@saylor @AtlasHodld Good news. It compiles. Bad news..

Focus your energy. $BTC

@bergealex4 Yes. They are incentivized to present technically valid improvements in isolation while compressing uncertainty around hardware feasibility. Post-quantum = infrastructure land grab Cloud security Cryptographic infrastructure Enterprise compliance...

When evaluating the claim of deep bag-biased Quantum agitpropagandists, it’s always more useful to look at what they are NOT telling you. Recent claims suggest a Quantum computer using neutral atom arrays would require only (!) ~20,000 logical qubits to break Bitcoin. What they tell you is that this is significant because researchers at Caltech recently demonstrated a 6000 (!) logical qubits array. What they do NOT tell you is that those qubits weren’t not entangled, which is a requirement to run Shor’s algorithm. So what is the state of the art in terms of actually entangled logical qubits under the neutral atoms architecture? NINETY SIX (96) qubits. How long did they maintain coherence? 1-2 seconds. How long did the new Oratomic paper suggest the algorithm they designed should run? DAYS! So not only must state of the art in SIMPLE qubits entanglement increase more than 2 orders of magnitude, their ability to maintain coherence across circuit depth must be preserved ONE HUNDRED THOUSAND times longer than they currently do. Suffice to say they have no idea how to even get there but that shouldn’t get in the way of a headline worthy paper!

Net positive. Forces coordination before capability exists. Post-quantum = infrastructure land grab Cloud security Cryptographic infrastructure Enterprise compliance They are incentivized to present technically valid improvements in isolation while compressing uncertainty around hardware feasibility. They improved: How efficiently Shor’s algorithm is implemented They did NOT: Build a 500,000-qubit machine Solve large-scale error correction Deliver a working crypto-breaking system But Microsoft doesn’t need to crack anything by 2028. They need the market to behave as if migration must happen before then. And this is good for Bitcoin, because coordination is harder than quantum.

Prepare for “quantum” to become the new obsession of the people who have been predicting financial destruction for the last decade.

@nicrypto Google is solving coordination before quantum arrives.

Google says quantum could threaten Bitcoin by 2029. And their new paper makes that timeline even tighter. Breaking Bitcoin's encryption now requires fewer than 1,450 high-quality qubits. Not the "millions" everyone cited. 6.9m BTC (one-third of the entire supply) have already had their public keys exposed. Taproot, Bitcoin's 2021 upgrade, made this worse by making public keys visible by default. Developers have 3 years.

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Solid incentive structure. Managers mark their own books. Higher marks bring higher fees and easier fundraising. This is not opinion. It’s like letting a toddler hand out his own report card. Private credit is huge. Not core, unless stress feeds back into funding and liquidity. It spreads through funds, pensions, insurers. Losses move slow until forced recognition. There is time to fix this. 2008 was banks, housing, collateral. That stopped the machine. Different beast. But the smell is familiar. Bros playing with other people’s money, levered to the tits, collecting fees on the way up.

This may be the most important interview I have ever done. @nicknemo17 used the latest AI tech to analyze private credit by going loan-by-loan. He alleges the truth is VERY different than what is being marketed. Nick could be the next Michael Burry or Harry Markopolos.

@APompliano Suspect rotation. War strips illusion. Gold can’t leave Dubai with your pets.

Will bitcoin be the hedge during geopolitical uncertainty?

@bluewmist It’s not that the desire disappeared. The conditions to act on it got harder.

What if women just don't want to have babies?

@bluewmist People rarely marry “the one.” Timing decides when they commit. Alignment decides whether it works. Love doesn’t need witnesses. Contracts do.

Be honest: Are you actually married to the love of your life, or just the person you were with when it was time to settle down?

@saylor And the fight ain't fair.

There isn’t enough Bitcoin for everyone.

@PeterDiamandis Pretty… pretty… pretty good.

Stories shape our future. Story tellers manifest our destiny. Someone, somewhere, is writing an epic screenplay that is more Star Trek, than Terminator. A vision of a compelling and optimistic tomorrow that will shape humanity’s next few decades. The cell phone, the internet, humanoid robots, self-driving cars, voice assistants, and Starships were all imagined in science fiction before they were built by engineers. Stories are blueprints. Question: What if we asked storytellers around the world to envision an epic and compelling future for humanity, and then funded them to produce that film? What if we could flood the world with positive visions of the future, rather than dystopian predictions? Announcing the Future Vision XPRIZE 🧵

@nicrypto Yes

Saylor just posted his idea of “digital credit.” In simple terms: Buy Bitcoin. Use it as collateral. Raise capital. Then pay investors from the upside. So essentially BTC becomes the base asset for a credit system. Some people love the idea. Others say it looks dangerous. Are we on board with this?

You don't ban cars because someone drives drunk. And you don't call an entire technology a Ponzi scheme because someone was an idiot in a pub. No, Boris. That's not a Ponzi scheme. That's a scam. They existed when your beloved Roman denarius was in circulation too. The same way people get scammed by fake gold bars, fake real estate deals. Ponzi scheme requires a central operator, a promise of returns from legitimate business that don't exist, and early investors paid with later investors' money. You can't have a Ponzi scheme with no central operator, Boris. That's like having a monarchy with no king. It's just not how the definition works. Here's what actually happens when you ban: First: The innovation moves somewhere else. Dubai. Singapore. Miami. Second: The bad actors don't stop. The ransomware gangs? They're already in jurisdictions that laugh at UK warrants. Third: You create a two-tier system. The rich and connected get exceptions. The little guys get crushed by compliance costs. Brutal for a startup with three employees and a dream. Look at the tech sector. Look at investment. Now we have AI agents that will trade, lend, borrow, and invest on our behalf—using crypto because it's the only money that speaks their language. Just pure, machine-readable, programmatic value transfer. Agents don't just transact with each other. They transact with everything. They rent cloud compute. They buy data. They sell predictions. They do all the things humans do with money, but at speeds humans can't even perceive. And the only money that works at those speeds? You got it. Or create a ivory tower where you are: Waiting for the bank to open... Waiting for the ACH transfer to clear. ... Waiting for some human to approve something the humans will never understand.... What is the real value of Bitcoin for the little guy? There's a guy in Nigeria. His currency—the naira—has lost half its value in five years. Bitcoin, for him, isn't a "get rich quick" scheme. It's a get out scheme. There's a woman in El Salvador. She sells pupusas from a cart. The banking system? Forget it. She'd need a merchant account, a terminal, a week of paperwork, and a relationship with a bank that doesn't trust cart ladies. There's a kid in Venezuela. His mother sends money from Spain. Western Union takes 10% and a week. By the time it arrives, the bolivar has devalued again and the money buys half of what it should. Bitcoin? Ten minutes. The kid eats.

I've long suspected Bitcoin is a giant Ponzi scheme and now I'm hearing tales of woe that make me fear I'm right. mol.im/a/15643681

@TFTC21 Helpful capital. Not structural dependence. The US market is powered by American retirement money.

Professor Jiang: “US economy is a ponzi scheme. It depends on GCC investing in AI and tech stocks. If this financing stops the US economy could face collapse and this means that the young man could not afford their OnlyFans and this could lead to a revolution in the streets."

@viewzmass Auto

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@MarioNawfal Yes, it is an escalation. But the escalation itself is the negotiation.

🚨🇮🇷 Iran’s new Supreme Leader just spoke, and it’s worse than I expected Key statements: - “All US bases should immediately be closed in the region, those bases will be attacked” - “We will obtain compensation from the enemy. If they refuse, we will take their assets to the extent we deem appropriate, and if that is not possible, we will destroy an equivalent amount of their property” - "We have foiled attempts to divide the country” - "The Strait of Hormuz must remain closed” - “Countries in the region must clarify their position regarding those who have aggressed against Iran” - "Discussions are ongoing regarding the opening of other fronts in areas where the enemy has little experience and is highly vulnerable. These other, new fronts may be activated if the state of war continues and if it is deemed appropriate” In brief: He is more hardline than his father, his demands from the U.S. are extensive, and he is ready (one could say he prefers) a prolonged war. Taking this statement at face value, things are about to escalate.

@nicrypto The gambler needs to be right. The intermediary only needs the trade to happen.

Goldman is telling private credit clients the Iran war is a welcome distraction from their software exposure problems. Goldman is simultaneously pitching hedge funds on strategies to short those same private credit loans. Both things are true. That's Wall Street.

January 2026: 17 authorized issuers. Same as months before. Two months later, we're at 19. That's not growth. That's evaporation. The market share went up to 67% for compliant tokens, but the pie got smaller. Weekly trading volume for euro stablecoins? Down from $100 million in March 2025. You can't regulate what's outside. And if it's easier to be outside, that's where the money goes. Euro stablecoins are 0.2% of the global market. The dollar is the other 99%. Tether discontinued EURT. The scoreboard doesn't care about good intentions. It only cares about where the money goes. It is going somewhere else

🇪🇺 𝐌𝐢𝐂𝐀 𝐒𝐭𝐚𝐛𝐥𝐞𝐜𝐨𝐢𝐧 𝐔𝐩𝐝𝐚𝐭𝐞 (𝐌𝐚𝐫𝐜𝐡 2026): 19 𝐀𝐮𝐭𝐡𝐨𝐫𝐢𝐳𝐞𝐝 𝐄𝐌𝐓 𝐈𝐬𝐬𝐮𝐞𝐫𝐬 Two months after my January snapshot, here is the latest picture from ESMA’s interim MiCA register (link in comments): → 19 authorized EMT issuers (vs. 17 in January) → from 11 countries (vs. 10 in January) → Country split: 🇫🇷 (5), 🇱🇹 (2), 🇱🇺 (2), 🇲🇹 (2), 🇳🇱 (2), 🇨🇿 (1), 🇩🇰 (1), 🇫🇮 (1), 🇩🇪 (1), 🇮🇸 (1), 🇵🇱 (1) → 29 EMTs issued by 19 issuers • 17 EUR-denominated 💶 • 9 USD-denominated 💵 • 1 CZK-denominated 🇨🇿 • 1 GBP-denominated 🇬🇧 • 1 CHF-denominated 🇨🇭 𝐀 𝐟𝐞𝐰 𝐪𝐮𝐢𝐜𝐤 𝐭𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬: •  𝐌𝐢𝐂𝐀 𝐢𝐬 𝐰𝐨𝐫𝐤𝐢𝐧𝐠. More regulated issuers, more EMTs, more countries granting licenses, and broader currency coverage all point to implementation momentum and policy success. • 𝐓𝐡𝐞𝐫𝐞 𝐢𝐬 𝐬𝐭𝐢𝐥𝐥 𝐦𝐚𝐣𝐨𝐫 𝐮𝐩𝐬𝐢𝐝𝐞 𝐚𝐦𝐨𝐧𝐠 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐬𝐭𝐚𝐛𝐥𝐞𝐜𝐨𝐢𝐧𝐬. Among the top 50 stablecoins by market cap, only USDC, USDG and EURC are MiCA-compliant. The EU's goal for MICA should be to bring a much larger share of global stablecoin activity into the MiCA perimeter. • 𝐅𝐫𝐚𝐧𝐜𝐞 𝐢𝐬 𝐞𝐦𝐞𝐫𝐠𝐢𝐧𝐠 𝐚𝐬 𝐭𝐡𝐞 𝐄𝐔 𝐬𝐭𝐚𝐛𝐥𝐞𝐜𝐨𝐢𝐧 𝐡𝐮𝐛. With 5 regulated issuers, France is currently leading on licensed stablecoin issuance, while Germany leads on licensed CASPs. •  𝐒𝐭𝐢𝐥𝐥 0(!) 𝐀𝐑𝐓𝐬, 𝐧𝐞𝐚𝐫𝐥𝐲 𝐭𝐰𝐨 𝐲𝐞𝐚𝐫𝐬 𝐢𝐧. Since ARTs (stablecoins backed by baskets of currencies/assets or single non-currency assets, e.g. gold) cover a significant part of the framework (Titles III and IV), this continued lack of uptake points to structural barriers. The upcoming MiCA review is an opportunity to address those barriers and make the ART regime workable in practice.

@beechinour director

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