Most people seeing the big headline number and overreacting.
But no one seems to have actually read how income is being defined here: "Market income refers to income from employment and non-employment sources, such as rental and investment earnings."
$MSTR is now a Bitcoin seller. Under its just-announced “Bitcoin Monetization Program” it may sell Bitcoin for three purposes: to raise up to $1.25B to fund its USD reserve, to pay preferred dividends & debt interest, and to fund $1B of preferred and $1B of common stock buybacks.
Strategy announces a Digital Credit Capital Framework designed to strengthen Digital Credit, enhance liquidity, preserve long-term Bitcoin exposure, and support long-term value creation. $MSTR $STRC https://t.co/AUoUCtem53
If you buy $NVDA stock 1 month before earnings, 9 out of 10 of the last earnings you would have been profitable.
$NVDA's next earnings are on 26 August. Are you buying?
Binance is pulling out of the EU because of their failure to obtain a MiCA license. This post explains what MiCA is and why crypto exchanges with this license will be able to gain a competitive moat in the EU region.
Unfortunately the pain is not over for bitcoin:native yet. cycle lows pbbly around 30-40k this cycle, and thats where i will be buying.
Only question is if $MSTR survives...
Mythos reportedly cracked classified systems at the NSA within hours.
This will stoke intense AI fears, which will lead to calls for more regulation and federal oversight. It is hard to see a world where the government doesn’t get more involved if the technology is accelerating at this pace.
But the bigger story to me is that AGI is essentially here. We have technology that is not only smarter and more powerful than humans, but the technology is training itself to improve at rates that are hard to comprehend.
Humans are no match for the models.
Given the pace of innovation over the last two years, we have become desensitized to these major leaps forward. Each model release has brought bigger expectations and a higher degree of confidence that technology is going to improve.
We have to address the negative trade-offs, but this remains one of the most exciting times in human history. Superhuman intelligence is abundantly available to anyone. The possibilities are endless and society is going to be a big winner in the end.
Introducing Brain in Computer.
Brain is a continuously learning memory system. Every task on Computer plugs into a context graph built by Brain.
It makes Computer more stateful with every run.
Available as a research preview for all Perplexity Max subscribers.
What a great interview with both sides making excellent points. Regardless of your position its always useful to hear counter arguments and analyse if they apply to your current situation.
For me personally, i like bitcoin:native and own an equal amount of ethereum:0x45804880de22913dafe09f4980848ece6ecbaf78. i trade both and see both as stores of value. In an era where the US prints money and contributes to inflation, it is wise to hold other stores of value. Doesnt need to be a competition.
If i had to choose one though, i definitely think there are more predictable gains in bitcoin:native because of the 4 year cycle.