Excellent essay.
Pushing AGI is clearly the right fundraising posture but the economic reality of companies using LLMs is more difficult and incremental.
TL;DR:
- Trump can't just pick what goes into a Strategic Crypto Reserve.
- There will be some report/proposal with criteria for what goes into a reserve, then Congress will need to approve.
- It's highly unlikely that they can formulate serious criteria that allows shitcoins like XRP to pass and not [insert random memecoin].
- The Crypto Reserve will likely be Bitcoin and few other PoW coins.
- It's likely that the Crypto Reserve will come into existence because Trump seems set on fulfilling his "Crypto Capital" promise.
- If the Crypto Reserve gets stacked with random shitcoins, prepare to accelerate into degeneracy like never before.
Plan accordingly.
🦛 @VitalikButerin the co-founder of Ethereum, donated 10 million baht to support wildlife conservation efforts at Khao Kheow Open Zoo in Thailand.
#Charity#Ethereum
https://t.co/JDXJhf3nbh
Just look at that shine😎
On Dec. 7, Jupiter will be at its brightest for the year! Look to the east-northeast after sunset to see the planet rising. It'll be visible all night long. Use a telescope if you want to see details like Jupiter’s cloud bands.