this NVDA rally has gone from "incredibly impressive" to actually scaring me a bit. not for AI safety reasons. I'll explain. I'm lucky enough to be an early investor in CoreWeave, one of the most incredible startup stories I've ever seen. one of the most interesting things

i'm finding it increasingly difficult to participate in modern discourse to the point that i don't really know what to do or how to talk to people over the past few years, i've seen the capabilities of ai continue to improve, and all the goalposts of what ai should/shouldn't be

🪙 TON (The Open Network) is an infinitely scalable blockchain that we helped develop years ago to meet the needs of Telegram’s hundreds of millions of users. Today, TON is the economic backbone of Telegram — much like a national currency powers a country’s economy.

🧠 It’s no surprise that Verb Technology — to be rebranded as TON Strategy — has chosen TON as its treasury asset. It’s mirroring MicroStrategy’s bitcoin playbook, which let it grow from $1B to $100B+ in 5 years. The half a billion $ Verb is investing into TON is just the start.

THE TELEGRAM NETWORK STATE? The Telegram TON IPO could be important. Mainly because they get the importance. But first...ok, yes, what got announced it isn’t technically a Telegram offering, nor is TON formally issued by Telegram, nor is it really even an IPO. To be precise,

Bitcoin triumphs over the banks. The network triumphs over the state.

Euros are yielding double the rate on Aave than any European fintech. Statement that DeFi has won in Europe. Powered by Ethereum.

if you're in ai, pivot back to crypto lol

This is wild! During the crypto winter, we forecast that bitcoin would hit $117,482 on Aug 11, 2025. It did!!! Our model analyzes the stock-to-flow ratio across each halving. Below is the chart from that analysis updated to today. Read more: panteracapital.com/blockchain-let…

13-F clone of Situational Awareness (which is not a perfect proxy, I know, don't @ me) suggests they are running something like a 60 vol long book (!) and have added 19 percentage points of security selection alpha YTD, which is definitely impressive but not near 47% either.

What it feels like to select o3 in the Legacy Models menu.

Sol is actually contrarian again

New record for DeFi. Aave reached $70 billion deposits.

#NewProfilePic

nic carter everyone I know believes we have a few years max until the value of fiat totally collapses and capital accretes to bitcoiners on a runaway loop - basically banx' worst nightmare/fantasy. this is the permanent undercoin thing. and everyone I know subscribes to it

Industrial Revolution pattern matchooors in shambles This and Eric Wall’s write up on his feelings about AI (linked below) are the two pieces I’ve read that best sum up where I think the world is going and how it feels

🇦🇪 CZ SAYS THE UAE ALREADY HAS #BITCOIN RESERVES & CHINA WILL BUY SOON NATION STATE ADOPTION IS HAPPENING 🚀

Remarkable how every time you get a correction from new highs so many people start to fret about the cycle top. Over and over again. Some thoughts on the market: - This indeed is not early in the move, bitcoin is already 7x from the 2022 lows, and much of the move recently is

The chart below shows Mag7 earnings. Not the top.

you put shopping on the internet, and you get a trillion-dollar outcome (Amazon, Shopify) you put Hollywood on the internet, and you get a trillion-dollar outcome (Netflix, etc) you now put markets on the internet, and you get Solana, an eventual trillion-dollar outcome