1) We prove a general disaggregation theorem for stochastic processes with stationary increments in log time. It shows why Gaussian scale mixtures cannot Gaussianize with age. Bitcoin does.
https://t.co/1PQQY3KqkZ
Great news for European battery sovereignty: German battery maker UniverCell has opened a new plant in Kiel with an annual production capacity of 40 million battery cells with potential to expand to 150 million per year. 🚀
Russia has effectively abandoned attempts to replace the dollar with China’s yuan under the pressure of US secondary sanctions, underlining the difficulties facing other nations looking for an alternative global currency https://t.co/mEDY8zxOPL
Singulus has surged 1,700% this year, and over 100% today alone after the SpaceX partnership (Elon's Starmind wants to create a sentient sun or whatever).
The company is now only 23,000% away from its IPO price in 2002.
Just watched @saifedean full podcast and honestly the 1 vs 2 was not fair for the 2. It felt literally like the adult telling the kids that they can’t just have all the toys they want just by magically creating money. Someone somewhere will pay the price. To be honest at points it was hard to watch, 2 so called “economists” that can’t even explain what money is and what the root cause of inflation is. Throughout the whole podcast she just went around in circles and never gave an answer to anything and the bloke kept going about how capitalism is what’s wrong with the current economic system and we need to make democratic decisions about where we spend our money, wasn’t that the whole idea when the current system got funded? And then what happened? How about you make the money incorruptible? Why having to trust on someone not to rob you when you can literally make it so they have no way of doing so? Why so much opposition for people to be in control of their medium of exchange????
“This is a very common theme, that people blame capitalism for the problems of fiat money…and it’s an extremely powerful meme because it gives the people in power exactly what they want to hear” @saifedean 🔥🎯
"If the bucketologists in your life are telling you not to focus on the leaking bucket you may want to consider the hypothesis that they may be profiting from your bucket leaking."
-@saifedean
Views for the Financial Times on #China's growing acquisitions of European SMEs: “There is a lot of acquisition of smaller companies by China.”
European SMEs are increasingly cash-strapped due to China Shock 2.0, particularly in sectors where China is highly competitive. For Chinese firms, acquiring these companies also makes sense as the EU considers new tariffs and “Made in Europe” rules. Local production could become essential to maintaining access to the European market.
As I pointed out, “Chinese companies will need local production to get access.”
https://t.co/bFgJ67rIW3
Introducing Clarity – an AI-native agentic intelligence platform for armed forces.
Developed in Europe, under European control.
https://t.co/6LIVOlj6kM
Palantir CEO Karp: AI is dumping gasoline on a society that's already a fire. The people running the AI labs tell Americans their life is going to suck and they'll have no job.
Then they say: rely on me to give you money. By the way, I'm getting rich. 1/
@JeremRB01 "You insist that there is something a machine cannot do. If you tell me precisely what it is a machine cannot do, then I can always make a machine which will do just that." - Von Neumann