eminem

☠️ Monday funday

A generational wealth trade! Assume they hodl all 180k they mine. 180,000/19,600,00 =under 1% float dynamics 180,000 x $68,000=12 billion in float out of supposed 1.2 trillion market cap The halving is a complete non-event less miners that will zero and degens that draw parabala curves to 1 million.

Do you remember your first #halvening?

NiceHash - Leading Cryptocurrency Platform for Mining and Trading

$mara they have 16,000 bitcoin 220 million shares at $38 = 8 billion/16,000 = 350 million in debt as well a nonsense stock

2024 colours

Bitcoin play in 2024 (90 days after in-kind bitcoin etf)

"we pinpoint weaknesses and inconsistencies in Dr. Satoshi Nakamoto’s paper–strengthening our belief that he is (or was) a competent scientist but not a combinatorialist...At last, despite the inherent theoretical limitations of consensus in distributed computing as illustrated in [FLP], bitcoin’s ‘consensus’ computes at a market capitalization of > 100billion USD." https://sites.math.rutgers.edu/~zeilberg/mamarim/mamarimPDF/bitcoin.pdf

Equities yield 4% Bonds 4% Inflation 4% Alas… Gold/bitcoin zero opportunity cost

Gresham’s Law

long/short fund strategy: all-in short $nvda against $arkk long

this year’s fab 7

ELI5 the #OpenAI drama using a Feynman diagram: It's pretty straight forward - OpenAI spontaneously emits @sama and @gdb, producing a short-lived @miramurati that converts to an @eshear via @bradlightcap decay. @sama and @gdb undergo @satyanadella-catalyzed fusion with @MSFTResearch in a temporary bound state. Since @eshear is a gluon he can mediate color-charge exchanges among board members: the @hlntnr exchange with @LHSummers preserves DC charge, and @TashaMcCauley exchange with @btaylor preserves SV-charge. @adamdangelo is his own antiparticle and so remains in place, but traveling backwards in time. The first half now plays out in reverse-time: the @MSFTResearch superposition collapses, @bradlightcap is re-absorbed along with @sama and @gdb into a new stable bound state. The slight mass difference between exchanged board members adds 501(c) KeV of energy, causing net acceleration of the OpenAI ensemble.

X (formerly Twitter)

Andrew Côté (@Andercot) on X

It's pretty straight forward - OpenAI spontaneously emits @sama and @gdb, producing a short-lived @miramurati that converts to an @eshear via @brad...

this should be permanent