Nick Ihm

AWS Solutions Architect. AI builder and certified Machine Learning specialist. Previously co-founder and CTO of a Siemens-acquired startup

[Nick Ihm @nickihm]

@0xraspberrycat LLM

[Nick Ihm @nickihm]

@RotateMatrix It seems they won't buy new bitcoin. Only acquire it from forfeitures and budget-neutral strategies. This won't drive up price.

[Nick Ihm @nickihm]

US Government decides to HODL

No buying –
"The government will not acquire additional assets for the Stockpile beyond those obtained through forfeiture proceedings."

No selling –
"The U.S. will not sell any bitcoin deposited into the Reserve."

This ends the bubble of speculation that the Gov would accumulate. Crypto markets down in the last hour since announcement:

[David Sacks @davidsacks47]

Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve.

The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it will not cost taxpayers a dime.

It is estimated that the U.S. government owns about 200,000 bitcoin; however, there has never been a complete audit. The E.O. directs a full accounting of the federal government’s digital asset holdings.

The U.S. will not sell any bitcoin deposited into the Reserve. It will be kept as a store of value. The Reserve is like a digital Fort Knox for the cryptocurrency often called “digital gold.”

Premature sales of bitcoin have already cost U.S. taxpayers over $17 billion in lost value. Now the federal government will have a strategy to maximize the value of its holdings.

The Secretaries of Treasury and Commerce are authorized to develop budget-neutral strategies for acquiring additional bitcoin, provided that those strategies have no incremental costs on American taxpayers.

IN ADDITION, the Executive Order establishes a U.S. Digital Asset Stockpile, consisting of digital assets other than bitcoin forfeited in criminal or civil proceedings.

The government will not acquire additional assets for the Stockpile beyond those obtained through forfeiture proceedings.

The purpose of the Stockpile is responsible stewardship of the government’s digital assets under the Treasury Department.

PROMISES MADE, PROMISES KEPT

President Trump promised to create a Strategic Bitcoin Reserve and Digital Asset Stockpile. Those promises have been kept.

This Executive Order underscores President Trump’s commitment to making the U.S. the “crypto capital of the world.”

I want to thank the President for his leadership and vision in supporting this cutting-edge technology and for his rapid execution in supporting the digital asset industry. His administration is truly moving at “tech speed.”

I also want to thank the President’s Working Group on Digital Asset Markets — especially Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick — for their help and support in getting this done. Finally Bo Hines played a critical role as Executive Director of our Working Group.

[Nick Ihm @nickihm]

@delaware_smp No new bitcoin will be acquired for the stockpile unless through forfeitures. Many bought speculating that the Gov would accumulate BTC, driving up the price. This is minor market correction.

[kepano @kepano]

new PDF → Markdown model from @MistralAI looks particularly good at math OCR

plain text is the past is the future

[Nick Ihm @nickihm]

@0xmetaschool Count me in. I've been working on agents for many enterprises, since function calling was introduced. Used langchain, Bedrock agents, and my own "framework".

[Nick Ihm @nickihm]

Anyone else feel the ground rumbling for a couple minutes in Westchester county, NY too? #earthquake

[Randy Clarke @wmataGM]

The irony of a car company starting a rail line to its car factory because it’s more efficient & convenient! Welcome to the past, present, future 🤷‍♂️

[ashe @ashebytes]

Calling NYC x AI builders 📢 Sign up below to join us Wednesday, May 10 at AWS Loft for food & a panel discussion on building with @langchain & other tools 🦜🔗

https://t.co/xTvhsC8TGl

speakers inc @hwchase17 @maddiehawkinson @bernhardsson @NicolaeRusan @karinanguyen & me 👋

supported by @huggingface @AWSstartups @HearthAICo @expa @costanoavc

[Nick Ihm @nickihm]

@spiritedgifts you have customer service? I emailed twice and did a live chat but no response. I bought two of something but only got one.

[Nick Ihm @nickihm]

@Edge_182 @PatEmDownEQ And on the 20th anniversary too. Appreciate you appreciating.

[Hedera @hedera]

The @emtech_inc initiative "Project New Dawn" leverages @Hedera for interoperability to provide public trust in a private #CBDC network.

This paper introduces the 'Digital Cash Infrastructure Framework' to Congress and The Federal Reserve.

✍️ Whitepaper: https://t.co/6OTLtwbAuV

[Bytemark, Inc. @bytemarkinc]

TODAY, 1 p.m. EST @APTA_Transit's #APTAmobility21: #Bytemark Chief Strategy Officer and Co-Founder @NickIhm will discuss how proactive and effective #cybersecurity can deflect threats to #publictransit. Register https://t.co/LBOPhSTIXu @MaxCybersec @rideact @AWS @VIA_Transit

[Bytemark, Inc. @bytemarkinc]

Too often, payment #innovations exclude some of the most vulnerable populations, ones who rely on cash to conduct their transactions. @NickIhm will address these potential disparities at #ePayConnect2021! REGISTER https://t.co/9k0eltRacb @ePayResources_ @AtlantaFed
#MovingBeyond

[Siemens Mobility @SiemensMobility]

#Throwback to the fabulous @CES in Las Vegas 🎉. Very proud of our strong team and a big thanks to everyone who joined us @sallyeaves @AkwyZ @Kevin_ODonovan @EvanKirstel @JimHarris @theclymobrief. Now all eyes on the first all-digital #CES2021! #movingbeyond

[InComm Payments @InCommPayments]

Through our partnership with @bytemarkinc, #Austin, #Texas-area riders will be able to buy #fares and load in-app wallets at #retail stores using #cash: https://t.co/fvyVTn6wS2

[Bytemark, Inc. @bytemarkinc]

#Bytemark Chief Strategy Officer @NickIhm explores the future of #transit in light of the #pandemic, offering insights on innovations designed for this time, including flexible, equitable, & accessible solutions. https://t.co/BakcWPTX6D #newnormal @SiemensMobility @HaConTimetable

[Nick Ihm @nickihm]

@mr_z_ro @cguess @emyyy @krueck @Q2U Amazing it all still works, especially with the 'first-time' setup wizard.

With that said, what do you think of switching everything to IPFS and Signal Protocol? xD

@signalapp

[Bytemark, Inc. @bytemarkinc]

Introducing AirGate™, a hands-free solution provided by #Bytemark that recognizes, surveys, and validates fares. Part of the #BytemarkBridge Plan, Book & Pay™ platform, #AirGate™ integrates easily into your system. — #movingbeyond @SiemensMobility https://t.co/6sQJvtK0J3