China Afternoon Missive The Law of Unintended Consequences will play out at least with #China and the moves by Trump to levy tariffs. While America, regardless of which party is in power, projects duality of there being either friend or foe, China’s approach has always been to find transactional opportunities with all. At this juncture the threat is of “America First” quickly turning into “America Alone”. Unlike 2017, the Chinese have gamed out this exact scenario. If you watch carefully, any apparent defensive action taken by China will - in all reality - be an offensive play which will further alienate American policy across the globe.

Trump's antagonism risks pushing U.S. allies closer to China

Trump has played hardball with Canada, Colombia, Denmark, Mexico and Panama — all countries that have traditionally been strong partners with the...

Tariffs??!! Who cares when you have the true “Number Go Up” technology.

The Chinese know how to do a firework show for sure.

Getting ready for the big Hong Kong Chinese New Year fireworks show!!

Nathan Hale gave it everything and paid the ultimate price … at the age of 21 @ODELL @HODL And did it all for his country. We are slowly returning to that time.

For those still following the DeepSeek development, this piece from Toms Hardware is pretty decent. Gets more into the technological accomplishments made by DeepSeek. Not that the findings have stopped so many techbros from coping hard. They’d better just put their heads down and get back to work.

Tom

DeepSeek

Dramatic optimizations do not come easy.

NYT reaches out to discuss the key players running DeepSeek. Apparently the comments I shared didn’t align with the stories message. Not the first time. And not the last time I’m sure

Happy Chinese New Year to those that celebrate. 恭喜发财

Again, it is nothing but cope. OpenAI is having to learn quickly and the hard way that it will need to do better. And as @jack said “open source will win” no matter the origin.

After the mayhem of today, and the final workday before Chinese New Year, out for the night.

We are now talking about a loss of nearly $350bn in market cap.

NVDA down 6% is roughly a $200billion loss in market cap. @Mark Camper

“A bunch of giga autist at a Chinese quant fund are going to cause the Nasdaq to crash but nobody has realized it yet”. Looks like this point hit home among investors over the weekend. DeepSeek causing a market selloff???

Well this escalated quickly. Open source for the win.

China Morning Missive The world’s worst kept secret, at least here in China. For all the moves made to keep Bitcoin out of the closed capital system, it has remained steadfast. P2P interlocuters have remained over the years regardless of what policy is put out from Beijing. Granted, there has also been the more nefarious play of “capital flight” with agents using the likes of Tether to assist with moving capital offshore. For Beijing, this is by far the more heinous act and looks to be now coming back into the cross hairs. I can attest personally to there being a hodgepodge of individuals seeing a market and the ability to profit off the “spread”. If there’s money to be made, you can be certain that a Chinese will be there to make that market. There could be yet another “China bans crypto” headline in the future. Then again, it wouldn’t be a four year cycle without a “China ban” headline.

Somebody needs to find this kid and get him on Nostr. He has laid out perfectly what might be - inadvertently or not - the end aims of DeepSeek. Also have to laugh. I get called a host of nasty names by those outside China. “Panda hugger” is always my favorite.

This has been making the rounds. Jokes aside ….. he’s not wrong. The guys who built DeepSeek did it as a side project for their quant fund. Nvidia and all those associated to the closed source OpenAI are looking to have a very rough week ahead in the markets. Also, no relation with “goodalexander”