ElectricGrazerr

[calle @callebtc]

Bitcoin Red Team update: we've grown to 16 globally distributed people working 24/7

We're running a large-scale ecosystem security audit across bitcoin code bases.

27.5 hours in, we've filed 4,962 findings across 390 projects. 85 critical and 635 high severity issues.

We're at 2.31 h+c findings per person per hour

[ElectricGrazerr @KJennerator]

@aiamajedi NGL, this slaps.

[ai am a jedi @aiamajedi]

Bass Windu is back!

"May the Foce Be With Somebody Else"

[Coin Bureau @coinbureau]

📊THIS BITCOIN CYCLE CHART IS GOING VIRAL

It maps every four-year cycle into the same four phases: Bear, Pre-Bull, First Bull, and Second Bull built around Bitcoin's halving schedule.

The pattern has repeated since 2014 and places the current cycle in the red zone.

credit: @saylordocs

[Massimo @Rainmaker1973]

«Remember this video next time you're arguing with someone on the internet»

[JH @CRUDEOIL231]

Global commodities CTA positioning...

The setup in precious metals is slowly starting to look pretty clean to me. Aside from the positioning rinse, CTAs are aggressively leaning short, and the doom posting about metals on X is hitting a fever pitch.

I’m still hesitating bc the USD rollover is a no-show and the yield curve has run way ahead of itself. That said, I did nibble on a tiny bit of gold recently, and I get the feeling I’ll want to size up sooner rather than later.

Since the structural long-term consensus is firmly to the upside, timing the entry is the whole game—though I don’t know if the tape will give us a gift-wrapped opportunity. Might just have to front-run the turn and sweat it out.

#oott #gold

[𝐓𝐗𝐌𝐂 @TXMCtrades]

Brutal chart

[ElectricGrazerr @KJennerator]

@Tesla Mine can't and it has FSD HW3. It can't even dumb summon.

[Jim Bianco @biancoresearch]

President Trump has changed the narrative about interest rates to “higher is always bad for whatever reason,” and “lower is always good for whatever reason.” This is incorrect.

If rates go to 6% because of a strong economy, and see earnings and the low unemployment rate, this will be a good thing. If rates go to 6% driven by accelerated inflation, this will be a bad thing.

The why matters more than the level when it comes to interest rate rates.

But the worst thing is to use government and monetary policy to force them too low, and create speculative excesses. This results in malinvestment that often ends in tears.

[ElectricGrazerr @KJennerator]

@sharm42453 Nine Inch Nails
Poppy
Nils Frahm

[Luke Gromen @LukeGromen]

RE: SPX at ATH while Consumer Sentiment at ATL (per great cht from @charliebilello, bottom):

If you price SPX in gold (red, LS) & then chart it v. Consumer Sentiment (blue, RS), the reason for the divergence b/t Wall St & Main St becomes clear:

It's a currency/inflation issue.

[High Yield Harry @HighyieldHarry]

You've seen the story that the Headhunters have been retained in recruiting Investment Bankers for an Economic Defense Unit.

Here's the Deck going out to potential candidates:

[ElectricGrazerr @KJennerator]

@Tesla Will this give my 2023 Model Y with Tesla Vision only access to summon? I've been summonless for over 3 years.

[ElectricGrazerr @KJennerator]

@Tesla I've had a 2023 Model Y for over 3 years now and standard Summon still doesn't work. When will we get basic promised features that are coming "via a future software update"?

[Brandon Beylo @marketplunger1]

lol who did this.

[Nostalgia @nostalgiaa]

‘How are you so focused under pressure?’

Me in 1995:

[ElectricGrazerr @KJennerator]

Trump is going to be upset at this one.
😂

[Lyn Alden @LynAldenContact]

The Fed has been putting out research reports trying to assess how much goods inflation can be attributed to the tariffs.

https://t.co/F4ND6acO1f

[Ricardo @Ric_RTP]

In 19 days, a jury in Oakland is going to decide whether the entire legal foundation of the AI industry is built on fraud.

Everyone thinks the Musk vs Altman lawsuit is a billionaire grudge match.

Two egos, one grudge, a $150 billion damages number designed for headlines.

Easy to dismiss. Easy to scroll past.

That's exactly what Altman wants you to think.

Because what's actually on trial on April 27 is something much BIGGER than Elon's hurt feelings...

A jury is going to decide whether you can legally take billions of dollars in nonprofit donations, use them to build the most valuable technology in human history, and then quietly convert that nonprofit into a for-profit company worth $850 billion.

If the answer is no, the entire AI industry has a problem.

Because OpenAI is not the only company that did this:

Anthropic was founded by OpenAI defectors using the same nonprofit-first mission language.

xAI pitches itself as building AI "for humanity."

Every frontier lab has used the moral cover of "we're doing this for the good of the world" to attract talent, capital, and regulatory goodwill they would have never gotten otherwise.

An Elon win doesn't just touch OpenAI. It creates a legal precedent that every AI company built on a nonprofit or public benefit promise becomes vulnerable to shareholder and donor clawback suits.

That's why this case matters. And that's why Altman is panicking.

Just look at what he did this week:

Elon filed a motion demanding the court remove Altman and Brockman from their roles and FORCE OpenAI to return to its nonprofit origins.

Then he amended the suit to say if he wins the $150 billion, all of it goes to OpenAI's charity arm. Not him. Zero dollars to Elon personally.

That amendment was surgical. It stripped Altman of his entire public defense.

He can no longer claim this is about Elon's ego or Elon's bank account. Elon is now legally on record saying he just wants the mission back.

OpenAI's response was to panic-write a letter to the California and Delaware attorneys general asking them to investigate Elon for "anti-competitive behavior." Their strategy chief publicly accused Elon of coordinating attacks with Mark Zuckerberg.

They called the lawsuit "harassment driven by ego and jealousy."

That's NOT the response of a company that thinks it's going to win.

Real companies with real defenses don't ask the government to silence the person suing them 3 weeks before trial. They let the evidence speak.

OpenAI is scrambling because they know what's in discovery.
Elon's team has been building this case for two years. Emails, board minutes, internal conversations about the conversion.

The kind of paper trail that juries understand and executives can't explain away.

And the timing couldn't be worse...

OpenAI is trying to IPO at $852 billion. They just raised $122 billion. Microsoft has $135 billion of exposure to them.

A jury verdict that even partially sides with Elon in late April or May would crater the entire IPO runway and send shockwaves through every major AI investor on Earth.

This is why Altman spent the last 2 weeks doing press tours and policy blueprints and "super intelligence agendas" aimed at Washington. He's trying to REFRAME himself as the responsible statesman of AI right before a jury decides if he's a con artist.

Most people will watch this trial start and think it's celebrity drama.

The smart money is watching it and realizing that the legal foundation of the AI boom is about to be tested in court for the first time EVER.

And if that foundation cracks, everything built on top of it is at risk.

[Right Said Fred @TheFreds]

So true…👇👇👇👇👇👇