Knowing others is intelligence; knowing yourself is true wisdom. Mastering others is strength; mastering yourself is true power. If you realize that you have enough, you are truly rich.
~ Lao Tzu
TSMC was too naive from the start.
Intel is emerging as a serious competitor. TSMC has been extremely strict about preventing Samsung-designed chips from being manufactured at TSMC, so why did it allow Intel to manufacture chips at TSMC?
At this point, TSMC obviously has no reason to allocate CPU capacity to Intel anymore. Instead, it will—and should—actively allocate wafers to Intel’s CPU competitors.
The attacker continues to drain hundreds of ethereum:0xcf5104d094e3864cfcbda43b82e1cefd26a016eb holders, with total losses now $20M + .
$9M has been swapped for ETH, while $9.9M remains in ethereum:0xcf5104d094e3864cfcbda43b82e1cefd26a016eb tokens and has yet to be swapped.
The Humanity token price have dumped 87% due to the sell pressure
Theft addresses below
Stay smart.
the majority of whales is already partly out of the crypto market
in the old days, we had the true believers: people literally held 100% of their networth in btc or eth with only enough cash to cover living expenses. they truly believed in their bags and just wanted to stack more btc and eth
these times are definitely over today
i hardly meet someone who made it in crypto who hasn’t diversified part or even most their holdings out of crypto.
crypto is an asset that took so many of us from 0 to 1. but once you are at 1, you are just irresponsible if you are still 100% invested in an asset that already 100 - 1000xed. instead, most my friends either hold stocks, bought houses or did some private equity deals. not so much vc, i know few guys who made good money on early stage vc deals, most my friends got burned there
my message is this:
crypto was a large scale transfer of wealth
it took money from the pocket of unprofessional gamblers and retail and distributed it in the pockets of crypto founders, vcs, crypto infra companies like cexs, mms, etc and a few lucky investors/traders
and they all took the money and used it to upgrade their lifestyle, bought financial freedom and they do not plan to give it back to retail
at the end of the day, 0.01% of all crypto companied ever created have actual utility. it’s basically only tokenisation of real assets that have 24/7 crossborder liquidity via dexes and stablecoins. the rest is pretty much useless
but at least some of us got rich along the way
it might come back, it might not, i don’t know but i do know one thing:
there is so much opportunity out there and restricting yourself to crypto is not a good strategy
And god forbid you succumb to the noise
So much of what you see on social media is just noise. NOISE NOISE NOISE
Thousands of words just to overcomplicate things and get in your own way
Some of you guys should just stop worrying about everything
More often than not the best thing to do is nothing at all
Just let go and let things play out
This is why so many people make bad trades
They succumb to the short term compulsion of feeling that something must be done. A moment of mental weakness jeopardizes the entire trade
Find the middle path and keep yourself centered
All these fucking dorks at Anthropic do is yap about how insane their product is and how end-of-the-world it will be
Someone tell these jabronis to shut the fuck up, holy Christ they're so annoying
Erik Voorhees explains how Venice's dual token model actually works
"You can stake 100 VVV to get pro access to Venice. We take a bunch of our revenue, buy the token, and burn it"
"We want to take that to its extreme and try to buy every last token we can and burn it all"
"You lock up VVV to mint DIEM. Each DIEM you hold gives you $1/day to use on any AI model you want"
"We built it so AI agents could hold an asset and get marginally free inference"
"It changes the economic calculation. We thought that'd be an interesting design space to explore"
@Route2FI The life of zero obligations is no different from the life of a child, which says a lot about the developmental state of many adults these days
@nikshepsvn $VVV really the only crypto token I’m fine holding these days
The crypto part being almost an afterthought in the grand scheme of the Venice thesis helps