The ongoing war between Binance and Tether is scary for the future of crypto. I wonder if one of them falling will lead to both falling. Uncomfortably, I must admit that currently the safest place to keep my money is in a bank account. I used to believe otherwise.

Traders that think “You missed X move” are about to have a reality check when markets come crashing down after being long only. This mentality is dangerous. Every time you try to catch a move, you risk portfolio drawdown in an uncontrolled manner.

Consumers rekt before companies? They will be double rekt once earnings recession hits and massive layoffs begin. Few reasons to stay in the market right now. Better to hoard cash.

After witnessing Yuga, Azuki, DeGods, Doodles, Moonbirds fall after a new collection/season, I can safely say: - NFT bros are literally ready to flame anyone for anything. Sheep herd mentality all day. - The real challenge is creating a community of intellectuals.

Well said.

So OpenAI just acquired a company that has senior engineers from gaming companies like Riot Games and tech companies like Google and Facebook. The devs they acquired made a game Biomes in a web browser, so maybe next stage is ai + gaming (+maybe crypto (worldcoin))?

Market nukes 10%. Which stablecoin is the one making problems though?

US media: Look at China’s economy lololol US gov: Look at how much better we are than China \*a few moments later\* Burry puts in his shorts, crypto goes to hell, stock market finally dipping after shallow ai hype of MAFT, NVDA that held up markets Cash is king.

If there is one thing to learn in life, it’s that when people point fingers at others, it’s usually a deflection of their own inadequacies. US government and media pointing fingers at China is a great example. A real crisis is brewing in the US.

The SEC is allowing Ethereum to be under an ETF but not Bitcoin? Did I read it wrong or what’s the deal?

China has the upper hand, US could be forced into an ugly recession. China has enormous savings. 1) Export inflation to US by forcing spending by law 2) Pull investments out of US companies 3) Invade Taiwan Xi playing chess, Biden sleeping, Russia+Saudi cut oil production.

Friend Tech is just another ponzi, first in, first out, else you get burned

The only catalyst for a crypto bull run in the near future is the reopening after COVID lockdowns in the US. - masks by October - full lockdown like last time by December First, we get a depressionary lockdown, then once things reopen, people go gambling

What a change of tune…

2008 Financial Crisis timeline 👇

That's it, switching from OpenAI to Perplexity. It's simply better in my experience. Now with GPT-4 Turbo, the ChatGPT experienced has dropped for my coding tasks and an effective search for context that Perplexity leverages gives me more accurate answers.

Can someone make GPT-4 good again?

This is incredible competition from AMD. They now beat Nvidia in both speed and price for inference. They just need to catch up with robust software - with time, it looks like they will beat Nvidia in the performance/cost trade-off. community.amd.com/t5/instinct-ac…