Quick BTC update. In the ten years I’ve been here, this is by far the most subdued sentiment I’ve seen. It’s understandable, but the extent is striking -- especially in light of a favorable policy climate in DC, continued sovereign and corporate accumulation, etc.
While overleveraged traders are getting blown out on dips, a sovereign wealth fund like Abu Dhabi’s Mubadala is happy to sit on the bid and take it in.
For traders and investors looking to take advantage of this type of environment, the key is to watch for when price starts to diverge positively from depressed sentiment. For assets in long-term uptrends, that's when huge percentage gains can happen. This was certainly true for eventual winners like AMZN in the years after the tech bust a quarter-century ago; sentiment was terrible, but price gradually started to diverge upwards, quietly regaining levels that were previously lost and reflecting the long-term underlying growth story.
I posted about this in 2023 -- when BTC was 25k, and sentiment was also subdued.
Finally got to upgrade the old 1TB drive to 2TB without any hiccup. Highly recommend these steps: https://t.co/om1znE7EIH
should be covered for next 2-3 years unless we get crazy people putting jpegs on chain again 🤦
The AI ponzi scheme goes like this:
Everyone is generating all these long ass docs and then passing them off for others to read
Then the person receiving is like, wtf this is way too long, and hands that into an AI to read and summarize
Then they are generating a long ass response back
and this cycle goes like that forever. and we call this work now 😅
The token lords watch this from their towers nodding and grinning.
This New Glenn rocket explosion released 20% of the energy of the Hiroshima atomic bomb and that wasn't even the bad part:
→ The pad: LC-36 is the only pad on Earth that launches New Glenn and now it's gone. Over $1B to build. SpaceX needed 7 months to rebuild after a similar hit.
→ The deadline: Amazon needs 1,618 satellites up by July 30 to keep its FCC license. It has ~300. The rocket that was supposed to help fix that just blew up twice in a row
SpaceX made us believe that landing rockets on barges was a normal expectation. Turns out rocket science is hard after all. Wishing the team a speedy recovery 🚀
Until 2021, the Indian Army was still throwing a hand grenade the British designed in 1915. Grenade No. 36 Mk-I, a WW1-era weapon notorious for uneven fragmentation that occasionally maimed the thrower. Solar's EEL replaced it with 10 lakh Multi-Mode Hand Grenades and became the first private Indian company to supply complete ammunition to the armed forces.
That was only the opening act.
The deeper unlock came when DRDO transferred BrahMos solid propellant booster technology to Solar. India had been importing 35 boosters a year from Russia for its flagship cruise missile. ToT to a private company was a privilege normally reserved for DPSUs. Solar today supplies propellants and warheads across BrahMos, Pinaka, Akash and several other indigenous platforms.
Then Nagastra-1, India's first fully indigenous loitering munition at 75 percent local content. 480 units were delivered under emergency procurement in late 2024. Combat debut happened in Operation Sindoor.
January 2026, Rajnath Singh flagged off the first batch of Guided Pinaka rockets from Solar Defence and Aerospace's Nagpur plant. Armenia already buys it. Nigeria and Indonesia are next in the queue. Bhargavastra, the counter-drone system out of the same facility, was test-launched recently.
This company has quietly built a full stack in Indian defence: warhead chemistry, missile propellants, loitering munitions, guided rockets, counter-UAS.
The Padma Shri is absolutely well deserved.
Disclosure: not invested.
Imagine firing a quarter of your company and your first inclination is running to Twitter to post a rambling AI slop humble brag about how innovative and awesome you are for firing people.
Atlassian's revenue: $1.79 billion last quarter
Atlassian's move: fire the engineer who built their infrastructure
his move: post a 38-minute breakdown of every system he built, free for anyone to copy
what he revealed:
> Envoy proxy instead of enterprise load balancers
> sidecar architecture for auth, logging, rate limits
> DynamoDB + SQS for async provisioning
> Packer + SaltStack for automated VM deployments at scale
Atlassian charges per employee across 350,000 customers
this guy just handed you the enterprise playbook for free
save this
I can’t stop thinking about this post. If you do one thing today, I encourage you to give it a thoughtful, thorough read…
And then commit to never living your life this way. Life has wasted success on the people described in this post.
It really is completely pathetic. They say that comparison is the thief of joy - look no further than this post for validation it is indeed true.
On their deathbed they will realize they have lived their life completely wrong. Don’t let it be you.
Today, a CIA whistleblower sat before my committee and confirmed what I've said for years: government officials, including Dr. Fauci, deliberately misled the American people about the origins of COVID-19. This is not a conspiracy theory. This is sworn testimony. 🧵