Devendra Gahlaut

[Dear Bitcoiner ⚡️ @DearBitcoiner]

Hey @elonmusk, you once said #Bitcoin could return to Tesla if 50% of its energy came from renewables.

Well, $BTC is now 56.76% sustainable, outperforming every other major industry.

Will Tesla embrace Bitcoin again? The world is watching. 🌍⚡

[Bhavish Aggarwal @bhash]

With 6 lakh people watching live and close to 8000 people in attendance at the Ola Futurefactory, Sankalp 2024 was our biggest event ever. 💪Capturing some key highlights from the event across Ola Consumer, Krutrim and Electric below:

[Devendra Gahlaut @DevendraGahlau1]

Time for India to get its own Microsoft.

[Indian Tech & Infra @IndianTechGuide]

🚨 Microsoft users worldwide are experiencing the error.

[Bhavish Aggarwal @bhash]

After #ExitAzure, it’s time for 🇮🇳developers to #ExitGoogleMaps! 1 YEAR FREE access to all developers to Ola Maps on @Krutrim, more than ₹100Cr in free credits! https://t.co/qAT4OTarvB

We’ve been using western apps to map India for too long and they don’t get our unique challenges: street names, urban changes, complex traffic, non-standard roads etc. Ola Maps tackles these with AI-powered India-specific algorithms, real-time data from millions of vehicles, leveraging and contributing massively to open source (5 million+ edits just last year!)

We’re outperforming competitors on 
📍 Location accuracy
🔍 Search accuracy
⏱️ Search latency
🚗 ETA accuracy

Here’s more details in our tech blog: https://t.co/LtrdPBD1xa

@suvonilc will share more details too!

[Bhavish Aggarwal @bhash]

On @Linkedin, @Microsoft and their wokeness.

As an Indian institution, Ola is for genuine actions on diversity. We run one of the largest women only automotive plants. Not 1 out of 10 lines, or a small section, but the whole plant! Almost 5000 women now and will grow to tens of thousands in the coming years. And regarding gender inclusivity, we don’t need lectures from western companies on how to be inclusive. Our culture didn’t need pronouns to be inclusive for thousands of years. On a personal note, I had visited Ayodhya last year and learnt about how transgenders had been accorded special respect in our culture from ancient times! Here’s a short video from our national broadcaster DD on this - https://t.co/TGxfSjtM0F.

On the other hand, the pronouns issue I wrote about is a woke political ideology of entitlement which doesn’t belong in India. I wouldn’t have waded into this debate but clearly Linkedin has presumed Indians need to have pronouns in our life, and that we can’t criticise it. They will bully us into agreeing with them or cancel us out. And if they can do this to me, I’m sure the average user stands no chance. As a founder and CEO, this western DEI system has a major impact on my business as it grows an entitlement mindset in our professional lives and I will fight it.

This situation brings me to the need for us to build our own Indian tech platforms. I’m not against global tech companies. But as an Indian citizen, I feel concerned that my life will be governed by western Big Tech monopolies and we will be culturally subsumed as the above experience shows. This is not about Ola or any of my companies. Ola is too small to make any impact against this. I want to confront this forced ideology as a free thinking Indian and do what I can in my capacity. So here are the actions I’m taking. Putting my money where my mouth is.
⁃While we can’t do anything about Linkedin’s monopoly overnight, I’m making a commitment to work with the Indian developer community to build a DPI social media framework. DPIs like UPI, ONDC, Aadhaar etc are a uniquely Indian idea and is even more needed in the world of social media. The only “community guidelines” should be the Indian law. No corporate person should be able to decide what will be banned. Data should be owned by the creators instead of being owned by the corporates who make money using our data and then lecture us on “community guidelines”!
⁃Since LinkedIn is owned by Microsoft and Ola is a big customer of Azure, we’ve decided to move our entire workload out of Azure to our own @Krutrim cloud within the next week. It is a challenge as all developers know, but my team is so charged up about doing this.
⁃Any other developer who wants to move out of Azure, we will offer a full year of free cloud usage. As long as you don’t go back to Azure after that! Mail us on [email protected]. Offer is perpetually open!

Read more here: https://t.co/M27jpJHPWT

[Altcoin Daily @AltcoinDaily]

BREAKING: SEC Approves All 11 Spot Bitcoin ETFs

Grayscale Bitcoin Trust
Bitwise Bitcoin ETF
Hashdex Bitcoin ETF
iShares Bitcoin Fund
Valkyrie Bitcoin Fund
ARK 21Shares Bitcoin ETF
Invesco Galaxy Bitcoin ETF
Vaneck Bitcoin Trust
WisdomTree Bitcoin Fund
Fidelity Wise Origin Bitcoin Fund
Franklin Bitcoin ETF

[Devendra Gahlaut @DevendraGahlau1]

@WatcherGuru Thus, creating another opportunity for the whales to buy #Bitcoin

[Devendra Gahlaut @DevendraGahlau1]

@WatcherGuru Thus, creating another opportunity for the whales to buy #Bitcoin

[Michael Saylor @saylor]

Embrace #Bitcoin

[Devendra Gahlaut @DevendraGahlau1]

Bought some #iota at discount 👊

[Bitcoin Magazine @BitcoinMagazine]

BREAKING: 🇺🇸 Nasdaq files amendment for BlackRock spot #Bitcoin ETF 19b-4 filing.

This is a "big step" according to Bloomberg analysts 👀

[Devendra Gahlaut @DevendraGahlau1]

Buy ##bitcoin

[Crypto India @CryptooIndia]

BREAKING UPDATE FROM INDIA AGAINST CRYPTO EXCHANGES :

Financial Intelligence Unit India (FIU IND) issues compliance Show Cause Notices to nine crypto exchanges.

Including BINANCE, Kucoin, Huobi, Kraken, Gate io, Bittrex, Bitstamp, Mexc Global, Bitfinex

[Bitcoin News @BitcoinNewsCom]

JUST IN: #Bitcoin ⛏️ mining company Marathon Digital is the most traded stock in the last 24 hours, with 💵 $327M in trading volume, surpassing Tesla, Apple and Amazon 🙌

[Bitcoin Magazine @BitcoinMagazine]

NEW: Hashdex just dropped its newest ad for its #Bitcoin ETF

“An idea whose time has come.” 👏

[Bitcoin Magazine @BitcoinMagazine]

MicroStrategy bought $615 million more worth of #Bitcoin as the world's largest institutions are getting ready to offer spot Bitcoin ETFs 🇺🇸

They know FOMO is coming 🚀

[Elon Musk @elonmusk]

𝕏 Spaces with Cathie Wood in ~3 hours

[Sumit Gupta (CoinDCX) @smtgpt]

1% TDS was announced on 1st Feb 2022. Fast forward to 2023, the impact is clear: 94% of revenue flows to foreign exchanges, hurting compliant Indian platforms. The early warnings were dismissed, and now we witness the consequences.

The proposed 0.01% TDS rate, favored by polls, aligns with our initial recommendations.
To nurture India's web3 space, we must regulate without stifling innovation.However, emphasis should be on building guardrails to ensure , safety of the emerging web3 community of builders to “Build from India”.

A focus on building a high-quality developer ecosystem benefits everyone in the long run. We humbly request all Indian policymakers to revisit the crypto taxation mandate to facilitate level playing field for Indian businesses and a conducive environment for a thriving Indian web3 landscape.

@narendramodi @FinMinIndia @nsitharaman

[Elon Musk @elonmusk]

Grok is wise

[Devendra Gahlaut @DevendraGahlau1]

#btc is going parabolic 🚀🚀🚀