cipher maid

he’s back

@ESPNcricinfo Rohit 2007 and 2024?

The multiple men's T20 World Cup champs 🏆 🏆

@Shuri2060_defi rookie numbers

is this the plan? someone tell me this is the plan

FROM SILICON VALLEY TO STARTUP CITIES The techxit is on, and not a moment too soon. Now that Elon, Larry Page, and Peter Thiel are all safely out of the failed state of California, anyone who's still there by choice is just in denial about the reality that San Francisco is the next Detroit. Here are ten thoughts on why technologists should immediately exit California, and why we'll need to build something better. (1) First, you can do tech anywhere in the world. That's because the Internet is global. And there are now 400+ cities with unicorns. So you don't need California to do tech: This is good. Technology can and must decentralize out of the Bay Area, rather than be concentrated in one place. SF was a single point of failure. (2) Second, from a moral standpoint, America was founded by those who left the chaos and violence of Europe. The entire country was predicated on the idea of exiting failing states. That's what it means to be a nation of emigrants. Did the Irish Americans betray Ireland by emigrating? Did the Puritans who left for Massachusetts betray England? Exit is the origin of America, and exit is the right response to the decline of California. (3) Third, from a logistical standpoint, no silicon is being mined from the hills of Silicon Valley. And because it's almost impossible to build, there are very few factories there either. So there is just very little in the physical world that truly tethers tech to the Bay Area. Just cancel your office lease and get another somewhere else. (4) Fourth, in terms of security, you need to recognize that anti-tech violence is ramping up. Remember: most of the violence in the 20th century was not on the basis of race, but on the basis of class. That's what communism was: mass murder of the capitalist class. Tens of millions died because of class hatred. Critically: technology is a class, and the technologist is the capitalist of the 21st century. With all that entails, including extreme, irrational, murderous rage towards the technologist class by those who feel disrupted. This is already obvious. When Democrats are torching self-driving cars with impunity in the streets of SF, the message is: today it's the car, tomorrow it's you in the car. So there is absolutely no reason to simply sit in California and wait for predictable anti-tech violence. (5) Fifth, tech companies are already global. They are Internet First. Consider the Mag7: 70-90% of their users, >50% of their revenue, and >50% of their employees aren't American. This is even more obviously true for the hundreds of younger non-American unicorns. That's because the Internet is as American as America was British. Of course the Internet owes a debt to its worthy progenitor, but it's just far larger in population and economic heft at this point. The only thing the Internet really lacks is territory, but perhaps we can print out social networks into the physical world (and more on that later). (6) Sixth, there is simply no way that the Internet business model can beat the Democrat business model within California. Because the way the Dem Scam works is to cause a problem like the "homeless" crisis (really, the drug and mental illness crisis) and make money from exacerbating the problem while pretending to solve the problem. For example: drug dealer Democrats make $1B+ from "homelessness" in SF alone. By setting up injection sites and handing out syringes, they grow the population of drug addicts they're paid to manage. They're like McKinsey for MS-13: With only 800k people in San Francisco, drug dealer Democrats make >$1000 per person per year. This shows that Democrat monetization per head in SF will always be much better than technologist monetization, because Democrats just tax the money while technologists have to work for it. This is part of a broader point. The Dem Scam, the blue business model, is just far more lucrative than working for a living. It's not just the homeless industrial complex. It's the $100B California train to nowhere, which is legal graft that funds union workers, who do no work but do vote Democrat. The Dem Scam is also just about every other state "program" and NGO. Maintaining the blue business model is simply win-or-die for California Democrats. Their entire lifestyle relies upon continued one-party control of the Californian state, and infinite inflation, taxation, and redistribution to support their many clients, from illegal aliens to unions. Technologists simply do not have their entire life tied to gaining political power in California in the same way. They can lose an election without going out of business. And until this 2026 wealth seizure, politics just wasn't existential for tech like it is for Democrats, who need to control the state to hand out the $$$ to their many clients. Now it is existential, but too late. The numbers just aren't there. Tech can't realistically fight and win in California because they just don't have the mass appeal. And that's because the Internet is increasingly seen as correlated with the decline of Blue America. One way of seeing that is to look at this graph: The Internet completely disrupted Blue America by taking away their media jobs. Though the Democrats certainly did counterattack, after 15 years of all-out digital war, you have to score this as a total victory for the Internet. Think about it: the Internet took away the Democrats' power over media (via AI), over money (via crypto), and over speech (via social). This disrupted them economically and destroyed their sense of identity. Thus, the Paper Belt Blue American feels visceral hatred towards the Internet for the same reason the Rust Belt Red American feels simmering anger towards China. It doesn't matter if the Internet products are many respects better than Blue American products, or if the Blue Americans are old money nepotists and the Internet guys are self-made technologists. None of that matters, because the Blue American correlates the rise of the Internet with their personal decline. Sure, the Internet might be good for Tech Americans, and for billions of people around the world, but it's bad for blues, and that's bad when blues surround you. (7) To be blunt: given that blues hate tech, it is a terrible strategic mistake to base AI in San Francisco. That is: it's just a bad idea to make billions publicly in the bluest city in the bluest state in America, with your names and faces known, talking constantly about how you're going to disrupt all these blue jobs with AI — journalists, artists, doctors, lawyers, teachers, bureaucrats — while also training your models in part on their public work, while the US dollar collapses against gold and digital gold, and while tech is seen (IMO incorrectly) to be politically predominant in DC while all this is happening. You can make excellent arguments as to why AI is globally productivity-increasing, and good for everyone in the long run, and of course I'd agree with you. You can also argue that everyone will adapt and retrain in the long run, like they did in the Industrial Revolution, and I'd agree with you on that too. Nevertheless, it is a best practice to keep the Luddite-disrupting factories out of striking range of violent Luddites. (Of course, I do have sympathy for the disrupted, as disruption sucks when you're on the other side of it. And I think we should invest in retraining and the like for social stability. But in reality, it will be simply impossible to insulate everyone given the scale of today's technological and political disruption.) (8) Anyway: you can readily move tech out of California, because tech doesn't actually make much money from California. Think about it: all these SF companies aren't making their money by selling concessions in Candlestick Park, or driving cars over the Golden Gate. They are monetizing credit card swipes in Bangalore and Budapest and Brazil. In other words, they're making money from the digital world, which is subsidizing SF. Literally trillions of wealth created on the Internet has been incinerated to prop up California Democrats. (9) Now that business model is coming to an end. The intended consequence of the California wealth tax is to enable Democrats to rob or exile their main possible competitors for political power in California, namely the technologists, before someone gets bright ideas. It is pure class warfare, tribal warfare. And in this political fight, technology must recognize it is by far the weaker tribe in California. Tech is after all composed largely of immigrants, many Chinese and Indian, many on visas, many who literally can't vote. Meanwhile, California Democrats are wokes like Gavin Newsom and Chesa Boudin, with generations of political connections. So technologists simply can't beat nepotists and Democrats in a fight for the state of California, because they don't need the state, but the Democrats do. Again: it's win-or-die for Democrats, because they need to control California to ensure that Democrats can pay all the many clients of their one-party state. (10) There's much more I can say, but perhaps the single most important point is that the Internet community did grow out of Silicon Valley, but now it's grown out of Silicon Valley. The technologist class now understands the grave consequences of failing to build political legitimacy, of failing to gain sufficient democratic strength to have some say over the land under our feet. And that's the next step. We've started new companies and new currencies. Now we need to found our own communities and cities and countries, our own startup societies and network states.

@Crypto_McKenna impressive

HIP-3 now accounts for 5.1% of Hyperliquids open interest. Hyperliquid OI = $9.4Bn HIP-3 OI = $480M

@MacroMate8 why no ZEC?

my 2026 bull market portfolio now consists of: BTC (digital gold) SOL (trading execution chain) HYPE (perps chain) ENA (best USD yield) AAVE (bank killer) PUMP (meme resurgence play) KAMINO (solana beta play) and 2 memecoins: PEPE YABAI (japan coin) LFG

the overton window just got thrown wide open, once more.

9 out of the 22 fastest companies to reach $100 million in revenue are built on Solana let that sink in

LFG! Milady.

@_jhunsaker @LoganJastremski Nobody used Uber just to farm the incentives.

@LoganJastremski Uber subsidized usage for many years

I will be honest I'm pretty over points The focus should be on building products, getting users, and making revenue

@fiddybps1 hover and check the slippage? making fees zero reduces the overall execution cost, but cheap execution is not the accurate measure of liquidity, slippage is.

@ciphermaid this is for $100k still orders of magnitude cheaper

once we add prediction markets we'll be 3/3 higher

@fiddybps1 *0.28 bps and so on.

@ciphermaid liquidity^^ that's the one thing an exchange should do really really well everything else is moot liquidview.app/widget-builder

@thesamparr Hope you have read the book Americana. If not yet, you’ll love it.

Carnegie became a billionaire working only 2 hours a day. He famously said: "You must be a lazy man if it takes you ten hours to do a day's work." He never went to his factories and worked from Europe (before phones existed). He pulled this off by getting weekly statements with detailed numbers on the business and would send these wild letters to his team that were masterful in management. He said: What I do is to get good men [as employees], and I never give them orders. My directions seldom go beyond suggestions. Here in the morning I get reports from them. Within an hour I have disposed of everything, sent out all of my suggestions, the day's work is done. I'm obsessed with reading about history, particularly business history. Why? Because I think business is one of the best ways to design your own reality. How you work, where you live, who you hire, what your days look like, how your org treats people. And I often think that on social media (me included) you get advice that sounds similar to one another and you just start to think that there's only one way to build a great company or a great life So the reason I'm obsessed with history is I just love seeing how other people have accomplished and lived and I get to decide what I copy and what I avoid.

Still stuck answering “khane mein kya banana hai?” every morning? most apps just help you plan your diet. cookmate actually gets it done. It lives on WhatsApp and coordinates with your cook - voice notes, recipes, alternatives, ordering groceries. one less thing to think about every day. link: cookmate.food

@mdudas great take, Mike. had the same feeling reading that post. heard the vibes on ground at SBP was insane

What hill are you willing to die on is what you should be working on this moment.

@alexhalliday Airops And congratulations, Alex :)

Founders: build the biggest thing you are personally excited to create. Don’t worry what anyone else thinks.