if you were the CCP and you were in the process of developing an international gold exchange and encouraging trade partners to settle in gold, one of your priorities would be to make gold look amazing and make competitors like bitcoin look terrible. right now the price action is taking place outside of wall street hours. we were in a wall street run market with the etfs for the last few months. it seems like gold and bitcoin are in an asia run market again.

$8.50 per watt cited in the Morgan Stanley report means most on grid publically traded miners should simply sell themselves to big-AI since they have never been good stewards of shareholders' value. let's return bitcoin mining to the energy cockroaches

don't eat soy  View quoted note →

seems strange but perhaps immigrants were driving demand for houses in the US

energy generating assets are greatly outperforming bitcoin this cycle if those assets can be used to power reliable data centers. it is only time before people begin to sweep their profits from building those energy assets into energy backed money we are on track to Kardashev type 1 civilization

the same group lending to $bitf is coordinating data center buyouts. i predict $bitf will be selling or acquired by this consortium from nvidia and blackrock

BlackRock, Nvidia, xAI, Microsoft Form Investment Consortium In $40 Billion Data Center Takeover  | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

just wait until botnets adapt using agenetic LLMs

it is possible that elon is starting to get it

One day I hope to be able to buy a phone as user friendly as iOS or Android and just sign in with my nsec and pull down all my apps with @Zapstore and log into my messengers as well seamlessly

modern tech and manufacturing

when it comes to trade, china holds all the cards when it comes to financial rails, the US holds the cards. The problem is that you can only use the financial rails card once but the trade cards can be used over and over again. View quoted note →

Stacker News

Less is More: Recursive Reasoning with Tiny Networks \ stacker news ~AI

A tiny 7 Million parameter model just beat DeepSeek-R1, Gemini 2.5 pro, and o3-mini at reasoning on both ARG-AGI 1 and ARC-AGI 2. It's called Tiny ...

Less is More: Recursive Reasoning with Tiny Networks A tiny 7 Million parameter model just beat DeepSeek-R1, Gemini 2.5 pro, and o3-mini at reasoning on both ARG-AGI 1 and ARC-AGI 2. It's called Tiny Recursive Model (TRM) from Samsung.

Great documentary on alphago development

i hear people say "running it hot" in finance all the time. really they should say "increasing your tax bracket by inflation"

to train your personal AI, start saving copies of everything that has made you who you are. I save a copy of every excellent podcast. All of my books have ebook archives Every scholarly article I have read is categorized. We need to be archiving our lives and knowledge. No one knows if it will be available in the future.

never understood why we are racing china for "AI supremacy" seems like everyone wins as these models flow everywhere. no one can keep this mathematical model to themselves

digital id seems overt and dystopian but all of us if we have ever logged into a microsoft, apple, google, or meta service even while on a vpn has a digital id.

walked into my local gold/silver shop and asked his ratio of buyers to sellers. he said 99% sellers. people trading in old coins and jewelry. he says occasionally, somebody might buy a couple silver coins, but no one's buying gold 

hopefully in a year when "spam" on bitcoin is either more, less or the same, someone admits they were wrong and acknowledges that someone else was correct. then we can all learn the truth in practice through observation