The SpaceX Recovery team is still working to recover Flight 13’s Starship from the Indian Ocean. They’ve been overcoming challenging conditions and increasingly rough seas as they attempt to guide the 52m long spacecraft to port
⚡️Salary-only people are being moved from ownership class candidates into permanent operating-cost status.
The W-2 used to be a bridge.
Work, earn, save, buy house, build retirement, slowly become secure.
That bridge worked because labor income could still catch asset prices.
That relationship is breaking.
The asset side is compounding faster than the wage side, and AI is about to widen the gap because it increases output without giving most employees ownership of the productivity gain.
That is the core reality.
A high salary now often gives the appearance of success while failing to produce sovereignty.
Taxes hit it immediately. Inflation erodes it quietly. Housing outruns it. Insurance, childcare, tuition, healthcare, and property taxes drain it. Layoff risk hangs over it. Credential value decays. Meanwhile, owners get leverage, depreciation, carried gains, debt access, markups, asset appreciation, retained earnings, and exit optionality.
The next 20 years reward people who own appreciating claims on systems.
Businesses. Real estate. Bitcoin. Equities. Private company stakes. Audience. IP. Distribution. Energy. Compute. Land. Cash-flow assets. Anything that compounds without requiring every dollar to come from another hour of personal labor.
The ugliest part is that the professional class still thinks income is status.
That belief is becoming obsolete. Income without ownership is becoming a nicer cage. A $250K W-2 earner in a high-cost city can look elite while being structurally fragile. A business owner with messier income but equity, write-offs, pricing power, and exit value may be far more economically sovereign.
Luxury housing is exposing the truth first because it is the cleanest filter. Those houses increasingly require prior asset appreciation, business equity, family capital, stock concentration, liquidity events, or debt backed by assets. Pure wage earners can still enter, but fewer can enter cleanly. The marginal buyer is shifting toward ownership-derived wealth.
The deeper point: AI destroys the old middle promise. It turns many white-collar skills into tools, features, workflows, or cheaper labor bundles. People who only sell competence get repriced. People who package competence into owned systems gain leverage.
The correct posture is ruthless: treat salary as launch fuel, not destination. Convert it into ownership as fast as possible. Build or buy claims on things that compound. Reduce dependence on any single employer. Learn distribution. Learn acquisition. Learn capital structure. Learn tax architecture. Learn how to own the upside.
The future belongs to asset controllers, not credential holders.
This will likely go down in history as the most expensive tweet ever. It probably cost the State of California around $5bn this year in lost taxes from @elonmusk, and probably more from other Tesla execs who left California. Nice work, Lorena!
America's postal system is a sort of negative lootbox where 99.9% of items are trash but the other 0.1% are special quest items that if not promptly handled result in crippling debts or your arrest.
Coinbase is testing AI agents that show up in slack/email at work, just like any human teammate. To start we're shipping two which are modeled after legendary former Coinbase employees, @FEhrsam and @balajis. (Who brutally frame mogged who in this matchup?)
Soon, it will be easy for any employee to spin up a new agent for themselves or their team. I suspect we will have more agents than human employees at some point soon.
Excited to share that Ramp Stablecoin Accounts are now in public beta. Ramp customers can now:
1. Hold stables on Ramp
2. Earn rewards on stable balances
3. Pay vendors & employees worldwide in USDC
4. Pay off Ramp Card + USD payments using stables
5. Use one system for both fiat + stable obligations with the same approvals, controls, and accounting
We are bullish on the institutional adoption of stablecoins and to bring stable technology to Ramp customers.
BREAKING: 🇺🇸Square to enable bitcoin lightning payments as default for over 4 million merchants ⚡️
Square will auto-enable Bitcoin payments for all eligible partners starting March 30, 2026.
A Terms of Service notice was sent to merchants registered with Square's POS solutions.
This means over four million businesses using Square could become Bitcoin accepting merchants overnight.
Up until now, business owners had to manually activate bitcoin payments and decide whether to auto-convert to USD or keep in BTC.
The rollout is part of Block’s push to integrate Bitcoin payments across its ecosystem including CashApp, leveraging the Lightning Network instant, low-cost transactions.
Sellers will still have the option to disable the feature or automatically convert Bitcoin to USD at the point of sale.
@Square