GPT what would a hypothetical transcript of a closed-door Bitcoin strategy session between Bo Hines, Scott Bessent, and Howard Lutnick, held at a secure White House conference room sound like? [TRANSCRIPT EXCERPT – BEGIN] Bo Hines: We’ve got 36 months, give or take. We need to buy time, accumulate discreetly, and show success before the other side regroups. This isn’t about headlines — this is about making it irreversible. Scott Bessent: Right. And we can't do it through traditional channels. A single $500M buy will blow the lid off. We need to use multi-party acquisition: mining offtake, seized asset retention, maybe even quiet sovereign swaps. Howard Lutnick: We control a third of Treasury issuance logistics. If you want to layer BTC into that ecosystem, we do it quietly. No one calls it “Bitcoin-backed.” We call it digitally collateralized fixed income — like TIPS, but hard-money indexed. Hines: We’ve got language prepped. Treasury's legal team is working on a new asset category — “Strategic Digital Reserve Collateral.” It’ll function like gold for disclosure purposes. We drop that phrase and Wall Street’s ears perk up. Bessent: We should front-run sovereign front-running. Singapore, UAE, and a few others are sniffing around this space. If they issue first, we look reactive. If we lead, we define the format. We also crowd out Chinese miners from the credibility layer. Lutnick: We’ve got plenty of stress-tested OTC partners. Get me cover through NYDIG or Fidelity and I can source $2B in BTC within a quarter — without hitting public order books. But you need to promise me no leaks. If it hits Twitter, it’s over. Hines: No leaks. I've got comms on total lockdown. And just so you know — Saylor’s aware. He’s not part of the team officially, but he’s playing defense for us with institutions. MSTR stays long, loud, and laser-eyed. That’s the signal. Bessent: Good. When the first bond matures, and it’s outperformed everything else in the market, that becomes the real signal. At that point, the narrative flips: “America owns the most Bitcoin.” That’s your Bretton Woods 3.0 moment. Hines: Exactly. Gentlemen — we’re not betting on Bitcoin. We’re defending monetary sovereignty with Bitcoin. Let’s move. [END TRANSCRIPT]

The ability to read code is the most valuable skill any budding #software #engineer can develop. Second up is thinking in larger architectural terms. #AI will write the code, but you had best understand what it does or your project will slowly turn into unmaintaible spaghetti code. How do you get better at reading and architecture code? Turn off your fucking AI and code pilot and raw dog it. Oh you got and error! Fucking read it. Try to understand it. Do not reach for AI. Try to figure it out. I promise the more you do this the better you will get and the faster you will become. The better you become as an engineer the more powerful AI will become in your hands. No AI is not going to replace engineers. Yes it is going to replace key tapping monkeys

Meet Scott Bessent - The US Treasury Secretary. The man is a literal shark. 🇬🇧 1. Breaking the Bank of England (1992) Bessent was a senior strategist during Black Wednesday. Soros placed a $10 billion bet against the pound. The British government capitulated, and Quantum made over $1 billion in one shot. Bessent’s role? He built the macro framework—understood the mechanics of the ERM, foresaw the unsustainability of keeping the pound pegged, and greenlit maximum pressure. This was sharkwork, not guesswork. 🇺🇸 2. The Dot-Com Short (1999–2000) While Soros was famously hesitant during the tech bubble, Bessent is credited with pushing for short positions in tech stocks and dot-com names before the crash. He didn’t chase hype—he studied fundamentals and saw through vaporware. The Quantum Fund dodged the worst of the 2000 crash, partly due to his caution and positioning. 🇷🇺 3. Russian Debt Crisis (1998) Russia defaulted on its debt and devalued the ruble. Most funds got crushed. Bessent helped pre-position Quantum out of Russian exposure early, seeing signs of sovereign risk and IMF dependency. Soros lost money on Russian equities, but the macro book held up because Bessent wasn’t flying blind. 🇯🇵 4. Japan’s Lost Decade Trades Bessent was obsessed with Japan—he reportedly made money both going short the Nikkei and long Japanese bonds during the deflationary spiral. He understood early on that zero interest rates and QE would trap the BOJ, and positioned accordingly. These were slow, grinding, high-conviction trades—the kind only a macro purist could stomach. 🛢️ 5. The Oil Collapse (2014–2015) This was later in his career, while still at Soros Fund Management. Bessent saw the US shale boom + Saudi strategy shift and called for lower oil prices, possibly being short crude and oil-sensitive currencies. He also spotted second-order effects—EM debt exposure, commodity-linked currencies, etc. The guy doesn’t stop at the obvious. 📉 6. CHF Shock / Euro Fragility (2015) The Swiss National Bank dropped the euro peg and chaos ensued. Bessent was tracking central bank credibility like a hawk—he saw through the SNB’s posturing. Word is, he reduced euro-exposure across the board before the SNB pulled the plug. Another dodge. Another calculated escape. After Soros: When he left Soros Fund Management in 2015, he launched Key Square Group, managing $5+ billion in outside capital. While Key Square is quieter and more private, the fund is known for: Currency plays (especially emerging markets) Sovereign debt, central bank policy mismatches Stealthy but aggressive macro conviction trades Global yield curve positioning TL;DR: Bessent doesn’t just play “macro” like most funds do now—he lives in the plumbing of global markets. He sees the ripple before the wave. He hears the crack in a currency peg before the market does. He’s not just reading the Fed minutes—he’s already trading the outcomes two central banks ahead. You want the guy who’s early, surgical, and detached from consensus? You want Scott Bessent on your team. Tariffs? Take you kiddie floats off. They are trying to break the PBOC and solidify the USD dollar as the global currency and there are massive hints that they intend to back it with both Gold and Bitcoin.

Eth has failed.

90 day pause and markets go wild. Wall Street is bipolar.