What a surprise.
The scam lord @cz_binance has been spending time in the UAE, and shortly after, Binance shifts key structures to the UAE, a jurisdiction known for light regulation.
Shortly before that, a $2 billion investment flows into Binance via MGX, an Abu Dhabi based investment firm. The entire $2B was paid in USD1, the stablecoin issued by Trump family backed World Liberty Financial.
USD1 is backed by U.S. Treasuries, meaning WLFI earns roughly $60–80 million per year in yield as long as Binance does not redeem the $2B.
So the money originates from the UAE, flows through MGX into Binance, props up WLFI’s stablecoin, and months later CZ receives a presidential pardon.
Nothing about this is a coincidence.
Billionaire Mike Novogratz: "I don't think anything fundamentally has changed in the crypto story."
6 week warning!!
Here is what comes next for Bitcoin:
CEO's question: What will be the hourly cost of work of a humanoid robot?
Several projections have been published, e.g. by @CernBasher, @adam_dorr and @GoingBallistic5. Here's my take.
I've produced a long-form video on this question (see link in comments).
Here is the essence - based on very conservative assumptions (see attached image).
- Production cost: $30,000. A humanoid is ~5% the mass of a passenger car. The costly parts are actuators and gearboxes; the rest is electronics, sensors, a few kWh of batteries, and plastics—components that are highly scalable in volume manufacturing.
- Operating cost: $30,000 per year, of which $18,000 is human oversight and coordination. This is likely way too high.
- Operating time: 6,600 hours per year (330 days × 20 hours/day). That equals the yearly working time of more than three people.
- Work speed vs. humans: 100% initially. As with industrial robots, later generations will likely reach 200%+.
- Business model: Most manufacturers will offer Robot-as-a-Service (RaaS) rather than selling units, because it drives far higher revenue and margin. Expect an initial one-time fee roughly equal to manufacturing cost plus a usage fee per year, month, day, or hour.
- Service life (incl. repairs): 8 years.
- Market dynamics: Because humanoids will be highly profitable to use (see below), demand will ramp quickly. But many suppliers will enter, so sustained overly high monopoly pricing is unlikely.
Result: Based on these assumptions, a humanoid work hour will cost at most $14.
That’s the highest realistic value. With learning effects and scale, the hourly cost will drop below $10 and likely below $5. @rethink_x even projects that by 2035 a humanoid hour could cost less than $1.
By comparison, a skilled worker’s fully loaded hour is $42.53.
Strategic consequence: In competitive markets, companies will have no real choice: first to replace labor shortages, and soon to replace existing roles. Even at $14/hour, the financial advantage vs. human labor is close to $200,000 per robot per year.
I’ve published a three-part video series on the societal implications of this inevitable shift (see comments).
Urgent advice: If you make or move anything physical, start rethinking your business around humanoids—as a supplier, service provider, or user. It is quiet now, but the ramp-up will be fast.
How about you? Which tasks would you deploy humanoids for first?
.@CorreosAtiende hola, te envié un mensaje privado sobre un paquete destinado a llegar a Italia, que aparentemente ahora desapareció, ¿me pueden ayudar?