CryptoDonsk

PONZI Trader and FIAT Miner

[Elon Musk @elonmusk]

Time to return to sanity

[CryptoDonsk @CryptoDonsk]

@Polymarket As a Californian…. Why the fuck would I want to vote for him? Our state has been downhill since he took charge

[The Rabbit Hole @TheRabbitHole]

“Tax the rich”
We already do.

“Make the rich pay their fair share.”
They already do.

These slogans are catchy but inaccurate. They reveal that someone is misinformed on taxation in the United States.

[Ole Lehmann @itsolelehmann]

Jeff Bezos just bet $12 billion that you'll be able to support your whole family on a single paycheck again.

his reasoning: AI will let companies make more stuff with fewer people and less money.

and when something gets cheaper and easier to produce, and lots of companies can do it, they compete and the price drops.

it's why a flatscreen TV that cost $2,000 a decade ago is $300 today.

bezos thinks AI will do that to almost everything you buy.

in his words, it raises "the basket of goods people can afford."

your paycheck buys more without anyone handing you a raise.

the problem: look at which prices have actually dropped.

so far, AI has only made *digital* things cheap, like code and content.

but the stuff that really eats your paycheck is *physical*.

rent, cars, medicine. cheaper code doesn't lower your rent.

that's exactly what bezos just spent $12B on.

Prometheus, his new company, is building AI tools that help engineers design and manufacture physical products faster

things like cars, machines, and medicine.

the goal is to make building physical things as fast and cheap as writing software.

if it works, 1 income starts covering what used to take 2.

which is when his prediction kicks in:

"perhaps one of those earners will choose not to be in the job market, so they'll become a one-earner household." or "some people who are working overtime will stop working overtime, because they don't want to."

one paycheck covering a whole family again, like the 1950s.

[Spencer Pratt @spencerpratt]

Folks, we're dealing with a fraction of a percentage point difference, there's still hundreds of thousands of votes outstanding, and LA officials have given us the next 3 weeks to count! Let's git-r-dun!

[Joe Lonsdale @JTLonsdale]

Everyone who over-hired or lowered the bar too much in the 2021-2023 wave, or isn’t growing as fast as budgeted, now pretends they’re laying people off “due to AI productivity.”

[Senator Cynthia Lummis @SenLummis]

I did not spend years on this issue to watch another country write the rules that govern the assets Americans invented. Let’s pass the Clarity Act.

[Killa @KillaXBT]

Percentage of $BTC supply in profit at each bottom.

2012: 47.77%
2014: 42.23%
2019: 40.20%
2022: 47.98%
2026: 47.91%

Most people don't realize how close we are to the bottom.

The 30K calls are just like the 10K calls last cycle, everyone expected them, but they never came.

[The ₿itcoin Therapist @TheBTCTherapist]

We are quite literally at the absolute bottom of what should be possible and there is objectively $500,000 of opportunity above us.

Fair value according to this model is $165,000.

When bitcoiners say we are undervalued this is what we mean.

We never even had a bull run.

[TechDev @TechDev_52]

Stop comparing this correction to past bear markets.

We’re still mid-cycle.

A significantly extended cycle.

At the first bullish inflection since 2020.

[Elon Musk @elonmusk]

The reason ID is banned in California (and New York) elections is to enable large-scale fraud.

When you combine no ID and mail-in voting, fraud is de facto legalized.

[Brian Armstrong @brian_armstrong]

People still think (or feel) because Bitcoin is down crypto is down.

Derivatives/perps, stablecoins, prediction markets, etc are all up in crypto.

Crypto touches every area of finance, and is much broader than Bitcoin now. It will take some time for this to sink in.

(And yes - Bitcoin is going to do great and is as important as ever - one of many cycles we've all been through.)

[Senator Cynthia Lummis @SenLummis]

If the United States doesn't establish the global standard for digital asset regulation, someone else will.

China is not waiting.

The Clarity Act is how America leads — and how we ensure our adversaries don't write the rules of the next financial era.

[CryptoDonsk @CryptoDonsk]

@NancyMace Did you hit your head? What average working American has enough money right now to shoulder the additional burden so old boomers don’t pay taxes?

Like honestly? Think about it for a minute. Those people also your constituents

[DREW DANIEL @DDDrewDaniel]

AI boosterism graduation speeches getting booed by Gen Z is a clear indicator of generational fracture. Rich people in their 50s & 60s have tech-centered stock portfolios pumped up by AI hype that (so far) keep rising in value; young people see a world without jobs or homes.

[Peter Berezin @PeterBerezinBCA]

AI companies really need to come up with a better pitch to the public than “You’re all gonna lose your jobs and end up paying way more for electricity”.

[Geiger Capital @Geiger_Capital]

Americans are overwhelmingly against AI, specifically the buildout of data centers…

Everyone you talk to outside of tech/finance.

This will be a huge issue in 2028 and unless you want Bernie and AOC running America's national AI policy, Big Tech needs to clean up their pitch to the Middle and especially the Right.

Jeff Bezos, Bill Gates and Mark Zuckerberg telling Americans that they need to use their land, resources and electricity so that we can "beat China" is laughable. If that's the goal then Gates wouldn't have pushed insane climate policies on our own nation for 15 years, and Zuckerberg wouldn't have funded groups facilitating mass illegal immigration.

If Big Tech really cared about America winning and "beating China", Amazon wouldn't be replacing American tech workers with H-1B's to save a few bucks. They certainly wouldn't hire Chinese nationals and put them directly into America's most important companies.

Aside from Elon, Big Tech has done almost nothing for the Right in America. Except censor them. The path ahead is: Nationalism vs Communism. One side is already trying to seize your assets and would likely cheer if you were gunned down in the street tomorrow. Tech guys should consider backing their newfound "patriotism" claims with policies that actually support it.

[Pierre Rochard @BitcoinPierre]

The fourth bitcoin bear market has materially decoupled from past cycles, for now. This strength is likely a combination of a muted bull market on the frontend, ETF inflows, and bitcoin treasury companies accumulating.

[Eleanor Terrett @EleanorTerrett]

🚨NEW: Support for crypto market structure legislation is crossing party lines with 52% of voters supporting the bill and just 11% opposed, according to new polling from @HarrisXdata.

The Clarity Act is backed by a majority of Democrats, Republicans and Independents alike, underscoring broad voter demand for clearer rules and stronger consumer protections for digital assets ahead of a critical vote in the Senate Banking Committee next week. ⬇️

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Bitcoin rises above $80,000 for the first time since January 31st.