China’s first aerial mothership, Jiutian SS-UAV, is scheduled for its maiden flight in June.
It can cruise at 15,000m high carrying over 100 small drones or 1,000 kg of missiles, with a range of 7,000km.
Don’t worry, China’s military is peace-oriented from the start. We grow stronger to deter aggression, unlike the US, always attacking other nations.
On memecoins…
Memecoins have generated a lot of buzz recently, and I’ve gotten some questions on how I think about them. I am personally not a memecoin trader (beyond a few test trades), but they’ve become hugely popular. Arguably, they've been with us since the beginning – Dogecoin is still one of the most popular coins. Even Bitcoin is somewhat of a memecoin (one could argue so is the U.S. dollar, once it was disconnected from gold). Just like the early days of the internet with animated gifs, new technologies often look like a toy but evolve into something much more powerful over time. So we should be open minded about where memecoins are going, even if some are silly, offensive, or even fraudulent today. Memecoins are a canary in the coal mine that everything will be tokenized and brought onchain (every post, image, video, song, asset class, user identity, vote, artwork, stablecoin, contract etc).
Coinbase differentiates itself by being the most trusted and easiest to use platform in crypto, so how are we approaching memecoins through this lens? From first-principles, we believe in free market capitalism. If our customers want it, and it's legal, we aim to let them make that choice for themselves. But it's our job to provide them with the best information we can find to make an informed choice. If a token is a scam or fraudulent, we'd want to remove it. But if it's just low quality, the customer should be able to see reviews or community notes, and make their own choice. (Defining what is an outright scam vs low quality is often a blurry line btw, so you need to be careful not to accidentally create a censorship regime.) We want to provide useful information to consumers, not play judge and jury or endorse/recommend investments.
Some memecoins have clearly gone too far lately, to the extent people are insider trading. This is illegal, and people should understand that you will go to prison for this. In every crypto cycle, there is a get rich quick crowd that comes and goes, and learns this lesson the hard way. Don't break the law! And don't try to get rich quick. You should get rich by contributing real lasting value to society (or at least be trying - it's not easy!).
So where do we go from here? We should purge the bad actors and lift up the people trying to build lasting value. We want to bring the next billion users onchain, and the only way to do this is to build products and services which people want. Help them earn a living, avoid high fees when sending money to friends and family, find truth about what's happening in the world, or get a loan to grow their business. Give them access to sound money and financial infrastructure, to accelerate progress in the world. Memecoins have a role to play here, and I think will evolve to help artists get paid, track trends, or who knows what - it's too early to say, but we should keep exploring.
Keep building with this long term mindset, and make something people want.
📣 Todays’ the day! Moo Deng and Peanut the Squirrel are now available for trading on Kraken!
✔️ Deposits and withdrawals are enabled
🎉 Trading is now live!
#MOODENG@MooDengSOL
$PNUT @pnutsolana
*Geographic restrictions apply
Trade here ⤵️
https://t.co/ddAq5wqNpi
The entire crypto community easily recognizes that the owner of Peanut is a notorious villain. Ironically, this situation only adds more drama and exposure to $Pnut, bringing no real downside. In fact, it might even unite those who truly understand the squirrel’s journey and values. $Pnut is the sole vessel carrying all these stories, memories, and emotions—this is the ultimate potential of a meme coin. For this reason, $Pnut will stand out as the most unique among all meme coins, truly becoming the finest gem atop the crown.
Breakout sign for $PNUT, price has bottomed and many investors are accumulating at this price range
Just opened a long position, we are heading to ATH 🥜🇺🇸
Two years ago, I commissioned an art piece: A Fork in the Road.
Had to make sure that civilization took the path most likely to pass the Fermi Great Filters.
From a rocky start to a breakthrough: Dive into the inspiring journey of $PNUT as it secures a major exchange listing! 🚀🌎
Read the full story here https://t.co/2IDjxEDmNW
#DEXTools#PNUT
JUST IN: Peanut the Squirrel's owners to sue the state of New York for executing Peanut and their pet raccoon, Fred.
Mark Longo says justice is coming and he is ready to take on the state of New York.
Longo and his partner Daniela Bittner filed a notice, stating their intention to make a claim against the government.
Longo and Bittner are accusing New York of unlawful search and seizure, violation of freedom of speech, and other violations.
They also say that their pets were legal companion animals and not wild animals like the government claimed.
They are also suing for emotional distress, violations of their constitutional rights, as well as lost wages.