SirCentavos

[Aakash Gupta @aakashgupta]

This might be the wildest thing to happen in payments all year.

140 companies that compete on everything just agreed to back the same dollar. That same day, Circle fell 16%. Those two facts are the same fact.

A stablecoin issuer takes your dollars, parks them in Treasuries, and keeps the interest. Circle earned around $1.7B in 2024 doing exactly that, on roughly $44B in reserves. The coin costs you nothing. The yield on the reserves is the whole business.

The model already had a crack in it. Circle paid Coinbase $908M in 2024, about 54 cents of every dollar it earned, simply to be the place people park USDC. Coinbase doesn't issue the coin or manage the reserves. It still made more from USDC last year than Circle did. The distributor out-earned the issuer.

OUSD is 140 distributors staring at that math and asking why they pay an issuer at all. No mint fees, no redemption fees, and most of the reserve income routes back to the companies moving the coin instead of the one that printed it. Visa, Mastercard, Amex, Stripe, BlackRock, Coinbase, Google, and a wall of banks make up the distribution layer itself. They just built the vehicle that lets them keep the yield.

The structure is the smart part. An independent company runs it, governed by the partners, with no single issuer in control. Facebook tried this in 2019 with Libra and regulators ended it fast, because one company steering global money is one easy target. Spread the identical idea across 140 owners with nobody in charge, and there's nothing single left to aim at.

Circle's chart already named the loser. The float was always the prize. The companies that decide where the coin lives just stopped paying rent on it.

[@jason @Jason]

NotebookLM is one of the best products from Google in a long time

10x the funding on this @sundarpichai and let them keep cooking!

Don’t Google reader them!

[Wall Street Apes @WallStreetApes]

Instagram launches forced Data Collection to use their app

If you login and get this prompt, you must accept data all this data collection or you will be promoted to log out and not allowed to use the App

Here is a full down of what’s mandatory to give up to use Instagram:

Collection and use of personal data: They collect our activity on Instagram (posts, stories, likes, comments, searches, time spent), device info, IP address, contacts (if synced), messages, location (when enabled), demographics, and inferred interests

Sharing of data with other Meta companies. They take all the personal data they collected and share across Facebook, WhatsApp, Threads, Oculus, etc.

Cross-border transfers of personal data: Your data is sent and stored in the US and other countries where Meta has offices/data centers or partners.

Location information: Precise location (GPS when you use features like Stories or check-ins), approximate location from IP/Wi-Fi, and location-based activity history.

Stop using META products

[@jason @Jason]

As I’ve warned, ChatGPT is coming for every single app

[ALX 🇺🇸 @alx]

This is insane

[Cole Grinde @GrindeOptions]

Today, $SOFI has launched small business loans now funded by SOFI.

This is a very big moment for the company as it moves towards bringing all parts of their business in house.

[John Crigger @JohnCrigger11]

@bennyjohnson https://t.co/JRqFQlz0Mt

[Serenity @aleabitoreddit]

For robotics companies, I have a favorable view on Unitree and Agility Robotics, two humanoid players.

And I have largest concentration in Agility Robotics, since I personally prefer US humanoid players.

For upstream component exposure, I currently own:

- Harmonic Drive (6324) given high content BOM on things like harmonic reduction gear.
- Vishay Precision for sensors and a possible candidate for Telsa Optimus.

LeaderDrive (688017) and Schaeffler I have favorable views on but don't own personally.

Many of the other AI DC players, I have indirect exposure to robotics like memory.

Don't recommend anyone to copy, just sharing personal positions/thoughts.

Humanoid sector is large, and as seen with Goldman Sachs report that "Korean companies will command a 30% direct and indirect share of global humanoid robot production".

Lot of players out there globally. This was an older report but just linking it again since you see all of them pop up in GS institutional reports + what they cover.

Agility Robotics is my personal favorite as of now.

[Sawyer Merritt @SawyerMerritt]

With 𝕏 Money you currently get:

• 6% APY on all cash deposited into 𝕏 Money (no limit)
• Up to $10 million of aggregate FDIC insurance coverage
• Unlimited 3% cashback on all card purchases*
• Physical metal card. Card may be used anywhere Visa is accepted. 𝕏 Money can also be used with Apple Pay
• All your 𝕏 Creator payouts paid out through 𝕏 Money
• Free wires, bill payments, checks, and more
• Free ATM withdrawals. You get reimbursed for fees incurred at out-of-network machines
• Visa's Zero Liability Policy ensures you won’t be held responsible for unauthorized card transactions
• Early direct deposit: Receive your paycheck up to 2 days before your usual payday when you sign up for direct deposit
• Instant P2P payments: Send, receive, or request money instantly from anyone on 𝕏

*The 3% cashback excludes stamps and coin stores, precious stones and metals, watches and jewelry, betting, lottery tickets, etc.

[Autism Capital 🧩 @AutismCapital]

People are already paranoid that their devices are reading their thoughts (they are). Imagine now. God help us all not even thoughts are safe anymore. Jesus Christ.

[Myron Gaines @MyronGainesX]

They gotta push the hasbara far and wide!

[Mario Nawfal @MarioNawfal]

🇺🇸 Trump calls for the SAVE AMERICA ACT after Supreme Court ruling on voter rights:

"ALL VOTERS MUST SHOW PHOTO I.D.

ALL VOTERS MUST SHOW PROOF OF CITIZENSHIP.

NO MAIL-IN BALLOTS (except for illness, disability, military, or travel).

There is only one reason to oppose — CHEATING!"

Pretty clear message here: no more excuses.

Source: @realDonaldTrump / Writer: Oliver

[Common Sense Investor (CSI) @commonsenseplay]

10 Rules for Building Wealth

1. Keep 4–6 months of expenses in an emergency fund.

2. Always have health insurance and term life insurance- don't mix insurance with investing.

3.Avoid high-interest debt. Keep total loan payments below 25–30% of your income.

4. Build a balanced portfolio with both liquid and long-term assets.

5. Invest in yourself every year. Your skills are your greatest asset.

6.Avoid speculation or going all-in on one stock! Wealth is built slowly, but can disappear overnight.

7. For most people, low-cost index funds are the best way to invest.

8. If you pick individual stocks, 15–20 quality holdings are usually enough.

9. Include safer assets like cash, or fixed-income investments for stability.

10. Invest in your health. Exercise, eat well, and remember: wealth means little without good health.

Here are the 7 top index funds everyone should be investing in!

[Mario Nawfal @MarioNawfal]

🇬🇧 Scientists found a butterfly that barely ages, and it might teach us a thing or two about living longer.

A University of Bristol study found that tropical Heliconius butterflies can live nearly a year, while one close relative taps out at just 14 days. That's a 25-fold gap.

And they don't get frail. In grip-strength tests, the old ones kept pace with the young, while their shorter-lived cousins faded fast.

The secret sauce seems to be diet. These butterflies eat pollen, not just nectar, which helps them keep their muscle.

Though even without it, they still outlived the rest, so evolution clearly handed them something extra.

Scientists now want to figure out exactly how they pull it off.

Source: University of Bristol / Writer: Julie

[Michael | Hypermarkets @itsmichaelluu]

ROBOTICS & PHYSICAL AI CHEATSHEET:

(so you know whats going to explode next...)

[Shay Boloor @StockSavvyShay]

U.S. stock futures:

[Oguz Erkan @oguzerkan]

Combined net profits of CXMT and YMTC through 2028 is projected to exceed $100 billion.

They can reinvest it to ramp up the commodity DRAM capacity and position themselves to aggressively cut prices and take market share once overall supply constraints loosen and price competition in commodity DRAM returns.

[Spencer Hakimian @SpencerHakimian]

This is the only reason we are at war in Iran.

[Autism Capital 🧩 @AutismCapital]

You will live in the pods. You will eat the bugs. You will stream the compute. You will own nothing. Your entire life will be rented. Participation in society will be permissioned. You will have a social credit. And if you go against the allowed narrative you will be dehumaned.

[Mario Nawfal @MarioNawfal]

Elon: George Soros hacked the system to turn NGOs into graft machines

"He figured out that you could leverage a small amount of money to create a nonprofit, then lobby for the politicians to send a ton of money to that nonprofit.

So you can take what might be a $10 million donation to create a nonprofit and leverage that into a billion-dollar NGO.

The government continues to fund that every year, and it'll have a nice sounding name, like the Institute for Peace, or something like that, but really it's a graft machine."

Source: @joerogan, RoganRecut (YouTube) / Writer: Ian