EA

Right now just testing it

[Ricardo @Ric_RTP]

Palantir's CEO just exposed Sam Altman and Dario Amodei for robbing every Fortune 500 company.

Within two minutes, Alex Karp took the entire frontier AI industry apart on national television.

His exact words:

"Every single enterprise in this country, these people are LIVID. They are paying for tokens that create no value. These people are stealing the weights and alpha of my business."

He literally said the entire frontier AI business model is intellectual property extraction dressed up as a subscription.

Then he also destroyed the pricing model with a single question that Silicon Valley still refuses to answer:

"If it was so valuable, let's say I can make you $1 billion tomorrow. Wouldn't I say I'll make you $1 billion and I want 30 percent? Why are they charging for tokens if it's so valuable?"

That question breaks the industry.

If OpenAI and Anthropic's models truly delivered the productivity gains the labs claim, they would take equity or a share of the profit they generate. They would not sell access by the million tokens.

Token pricing is itself the CONFESSION that the product cannot produce reliable value at scale. If it did, they would price for the value. But they price for the compute because that is what they are actually selling.

Karp went even further...

He called the entire arrangement "a wealth tax that does not help the poor. It just punishes."

American businesses are transferring the alpha of their operations, meaning the workflows, the customer data, the strategy memos, the internal models that make them competitive, directly into the training pipelines of a handful of Silicon Valley labs. Once those labs retrain, the customer's own edge becomes the next enterprise product sold back to their competitors.

And the part the AI industry does not want anyone thinking about:

Every enterprise running its confidential documents, its customer conversations, and its financial models through a frontier model is potentially teaching that model HOW to replace them.

The vendor collects the token fee AND the compounding intelligence about that customer's business. That is the mechanism. And that is why Karp used the word "stealing."

He claims this is why every executive he meets is furious in private and silent in public. Nobody wants to be the CEO who called out the labs and then discovered their next competitor was built on their own leaked workflows.

The entire AI industry has been priced for perfection on one assumption:

That frontier labs produce durable, defensible value that justifies infinite compute spend.

But Karp just told us that the customers do not believe that assumption anymore. They believe they are being taxed without benefit, watched without consent, and copied without recourse.

The moment enterprises stop believing, the whole valuation stack shakes.

[EA @EArbkbm]

@zacodil @proximityfi How do you think we can connect the bank to on chain then?

[NEAR Protocol @NEARProtocol]

NEW LAUNCH

near​.com is bringing euros onchain.

This new on-ramp enables EU users to move euros from their bank accounts onchain and trade across crypto markets using their own wallets.

🧵

[EA @EArbkbm]

@NEARProtocol Confidential Features - Lending Features per the Staked positions - or Lending based on how much a person Hold similar to Rhea Finance - and a Card where I can use USDC or Dollar everywhere

[NEAR Protocol @NEARProtocol]

NEAR Intents is live on @SimpleSwap_io.

Self-custodial, 10M+ users, 8 years on the market, now running intent-based execution alongside its existing provider pool.

You state the outcome. Solvers compete to deliver it.

[EA @EArbkbm]

@CryptoMichNL I want to see 38,000 BTC

[EA @EArbkbm]

@BSCNews It won’t pass and no one cares about crypto

[Illia (root.near) (🇺🇦, ⋈) @ilblackdragon]

Busy couple of weeks with sometimes 3 podcasts per day.

Bringing vision and progress of NEAR ecosystem. The teams have made amazing progress and more to come.

User ownership is coming to everyone

[NEAR Protocol @NEARProtocol]

Every AI agent needs infrastructure it can trust.

IronClaw is building that foundation: a secure, open-source agent harness where credentials stay protected, workflows stay confidential, and agents operate with hardware-backed security from day one.

https://t.co/rrOAGHPrns

[NEAR Protocol @NEARProtocol]

NEAR Intents is the fastest-growing cross-chain infrastructure, now routing value across 30+ chains and 180+ assets.

From RWAs to perps to NEAR Agent Market, Intents is steadily integrating more assets, more markets, more order flow to become the money rail for agentic finance.

[EA @EArbkbm]

@JesusMartinez Ben Cowen says it could go to a terminal price, I dont know what that is,. But the price is 38k btc

[EA @EArbkbm]

@NEARProtocol I love buying more at these levels

[EA @EArbkbm]

@shahh yeah I was born in El Salvador - that is nothing

[EA @EArbkbm]

@CryptoMichNL Accumulating on spot

[Commentary Donald J. Trump Truth Social Posts On X @TrumpTruthOnX]

The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil. Those prices are dropping like a rock! In other words, customers are being “gouged.” I have instructed the DOJ to immediately start looking into this. Gasoline prices better start going down a lot faster than what I’m seeing! President DJT

( TS: Jun 24 2026, 12:12 AM ET )​​​‍​​‌‍​​‌‍​​​​​​​‌‍​​​​​​​​​‌‍​‌‍​​​​‌‍​​‌‍​​​​‌‍​‌‍​​​​​​​​‌‍​​​​​‌‍​​​​​​​​‌‍​​‌‍​​​​​​​​​​‌‍​​​​​​​​​‌‍​​​​​​​​​‌‍​​​​​‌‍

[EA @EArbkbm]

@leolanza They are not going to pass it because it is competition for the banks

[NEAR Protocol @NEARProtocol]

[email protected] is live for Confidential Intents users on https://t.co/YBUSFVdjxE.

When Confidential Intents TVL reaches $70M, eligible users receive [email protected]. It converts 1:1 into NEAR only after NEAR holds a $3.33 VWAP for 3 consecutive days.

The community sets the pace.

[NEAR Protocol @NEARProtocol]

Privacy is a requirement for financial markets.

Lending, borrowing, trading, and payments at scale all depend on confidentiality.

As more capital moves onchain, confidential execution becomes a foundational part of the infrastructure.

[EA @EArbkbm]

@Kylechasse I am tired of all the FEAR that the media throws at everyone. It just reminds me to the hunger games. Fear more fear

[EA @EArbkbm]

@Kylechasse Time to go back to stone age, who is with me?