Last year was by all means a Brutal Bear Market for me, but I'm so glad to have stumbled into this @unchained podcast by @laurashin with core Gems💎 by @cburniske & @cobie. Plus the timing was f*cking perfect. I highly recommend for those navigating the #cryptomarket
10 months ago, Raoul Pal said we are in an elongated business/debt cycle and that bitcoin would climb higher and then we would see a -35% drawdown and “everyone will be sure that it is over… and it won’t be over.”
You need to watch this again. And again. And again. And again.
This whale made over $100M holding SOL for 5 years.
In that time, his SOL went from $26M to a peak value of $337M. Now it's worth $26M again. Over the past 5 years, he cashed out $137.67M of SOL.
Will he hold through the bear market again, or sell the rest of his SOL?
“So you think GTCO is going to underperform from here?”
“No that’s not the interpretation.
I think GTCO is pricy (relative to others and normal). Whether or not it will underperform is a function of the growth it delivers and other fundamentals. But before you buy it, understand that it’s pricy”
Ray J and Adrien Broner almost got into a fight after AB said he'd met Ray J's girlfriend before and started PRESSING Ray J for sleeping with Sexyy Red 😳👀
People buying ZEC in a year will have no idea that this bug was patched and led to a fud storm, in the same way that people who bought BTC years after GOX, inflation bugs and numerous other "existential" events, had no idea about any of that.
Discourse in the moment is almost always too emotional, and overblown. It's even worse in the Elon bucks age where the incentive is to promote the doomer view.
Incorrectly extrapolating present events and their impact long into the future is one thing humans are consistently bad at.
Good take
My guess is
- demand for intelligence is near infinite
- but 80% of workloads will be running on 99% cheaper models within 12-18 months
- 20% of workloads will still run on latest gen models where IQ maxing is important (scientific breakthroughs, higher level ochestrator agents?)
- rough analogy might be what % of macbooks or gaming PCs sold have the maxed out specs for CPU/GPU, prices are falling much faster than Moore's law here though
- this leads me to think the limiting factor will be energy and compute, not better models
At Coinbase we're working hard on routing prompts to cheaper models where appropriate, and in some cases have been able to keep costs roughly flat, while token usage continues to grow exponentially.
Lastweek, i went the NASS to discuss govt involvement in crypto adoption & education in Nigeria.
The plan is to get more funding to builders within the ecosystem.
¡¡¡ POR DIOS, MIREN ESE PAISAJE !!!
Puteamos muy poco a los pilotos de F1, la vida que tienen es increíble.
Tiene que haber carreras todos los fines de semana, que me importa si se cansan.