Edward Snowden said it the best:
"When you say 'I don't care about the right to privacy because I have nothing to hide,' that's no different than saying 'I don't care about freedom of speech because I have nothing to say.'"
"Simply because you are following the law, doesn't mean that you'll be exempt from governmental interference in your private life."
BREAKING: The First AI Era Just Ended
On December 2, 2025, Sam Altman declared “Code Red” at OpenAI.
This is not a competitive setback. This is a phase transition.
The numbers tell a story no one wants to hear:
OpenAI has committed $1.4 trillion in infrastructure spending. Current revenue: $20 billion. Profitability target: 2030. The gap is mathematically unprecedented.
Google’s Gemini 3 hit 1501 Elo on LMArena. First model in history to breach 1500. Two weeks later, Altman issued the highest emergency designation his company has ever used.
But benchmarks obscure the deeper shift.
Gemini is growing 3x faster than ChatGPT. Users now spend more time per session with Gemini despite ChatGPT having higher user counts. The engagement advantage has inverted.
Here is what Wall Street has not priced in:
OpenAI does not own a single data center. Oracle provides compute. Crusoe builds campuses. JPMorgan finances facilities. Nvidia supplies chips. OpenAI orchestrates. It does not own.
Google designs its own TPUs, operates its own data centers, funds AI from $300 billion in annual revenue, and embeds Gemini into 3 billion Chrome browsers and 3 billion Android devices.
The structural asymmetry is existential.
Meanwhile, Anthropic grew from $1 billion to $5 billion revenue in eight months. Enterprise customers pay $15 per million tokens for Claude while GPT costs $1.25. The reliability premium is real.
The talent exodus accelerates. Mira Murati’s Thinking Machines raised $2 billion, now approaching $50 billion valuation. Seven of her first 29 hires came directly from OpenAI.
The capability era rewarded the best model. The reliability era rewards infrastructure ownership, distribution embeddedness, and enterprise trust.
OpenAI built a $500 billion valuation on capability leadership.
That leadership is no longer defensible.
The Code Red is not a crisis response.
It is an admission that the rules have permanently changed.
Read the full deep dive article here - https://t.co/YZYtPiyrJa
Bitcoin is a protocol with an embedded asset (BTC).
To reduce it to just one or the other is to misunderstand its dual nature.
The question is:
Do you hold it to get rich or to exit the system?
Your answer will tell you what Bitcoin is to you.
Japan's bond market is imploding:
Japan's 30Y Government Bond Yield has officially surged to its highest level in history, at 3.15%.
For decades, Japan was known for low long-term interest rates.
Now, they are dealing with high inflation, shifting policy outlook, and a whopping 260% Debt-to-GDP ratio.
On top of this, Japan holds $1.1 TRILLION worth of US debt, making it the largest foreign holder of US debt.
Yesterday, Japan’s Prime Minister Ishiba called the situation “worse than Greece.”
What will Japan do here?
The first tenet of TA is that the market discounts everything. (I have talked about this many times)
But there are two other tenets of TA just as important.
The 2nd one is that the price moves in trends.
But, a good technician doesn’t just ride the trend, they know when to start packing their bags before the train hits reverse.
The 3rd is that history tends to repeat itself.
Fear and greed don’t learn, they just dance in circles, leaving patterns for chart nerds like me to follow.
Since the hack (10 hrs ago) , Bybit has experienced the most number of withdraws that we have ever seen, We have had a total number of more than 350k withdraws requests, so far, around 2100 withdraw requests left to be processed. Overall 99. 994% withdraws have been completed. If your withdraws are completed, please leave a comments here.
Although we have been hit by the worst hack possibly in the history of any medians (banks, crypto, finance), But all Bybit functions and product remain functional, the Whole team had been awake all night to process and answer client questions and concerns. ALL hands on DECK.
rest assured, we are here with you.
A long time ago I created a memecoin factory -- the hope was that if launching a memecoin became SO easy that anybody could do it in a single click, the market would oversaturate and the meta would end.
We won't talk about how close I was to accidentally making pumpdotfun (oops), but either way eventually pump came along and executed my plan perfectly.
Hundreds of launches per day, then thousands, now more. The rugs happened faster and faster. But the meta didn't end, it just became more rabid. Memes quite literally consumed our space, Pump raked in ungodly sums of money.
That was true until today. It seems the curtain has finally been pulled back, and people are recognizing what has been true the whole time - the game has been rigged, always, and not in your favor.
You let an "elite" few rinse you from behind a mask again and again, lining their pockets with YOUR hard earned liquidity, and subsequently removing it from the ecosystem.
You want to know why we haven't had a proper bull run? Maybe it's because there's nothing here for the normie. You enter the space and you see bright flashy signs for all of the great things you can do, but all of those things are designed to drain your pockets and line theirs.
And the good stuff, the communities and protocols we've been building for years, that can provide real tangible benefits, are buried too deep for anybody to find them.
It's time to shed our skin. Let the shit rise to the top, skim it off. Leave the influencer cabals behind and get back to why we came here in the first place: rebuilding the legacy systems one by one, onchain.
BREAKING: Texas Strategic Bitcoin Reserve update
Sen. Charles Schwertner (@DrSchwertner), who chairs the Committee on Business and Commerce, announced a hearing for SB21, Tuesday 18 February.
He also thanked Lt. Gov Dan Patrick (@LtGovTX) for making the bill a priority.
🔥 UPDATE: 🇯🇵 Japan's FSA plans to lift ban on crypto, classify crypto as financial products, and implementing tax cuts from 55% to 20%!
Japan is exploring $BTC reserves, ETFs and pro-crypto policies. 🤝