Jacob

[Zac Wize @FroudZac20931]

The Community Era https://t.co/OtM8zPIZe0

[Zac Wize @FroudZac20931]

The Hidden Work: Storytelling as the Real Engine of Artist Growth

Your fans don’t just discover your music. They discover themselves in it.

Read the full piece on my Substack:
https://t.co/lMP8LW1UWx

[Raoul Pal @RaoulGMI]

Check out my latest conversation with @BarrySilbert— from the early days of #Bitcoin to founding @DCGco and his next big crypto venture: Bittensor.

00:00 - Raoul introduces the thesis
05:00 - Barry’s $BTC origin story
10:00 - Birth of Grayscale and DCG
15:00 - Building crypto infrastructure
20:00 - The 2022 crypto crash
25:00 - Fallout from Three Arrows and FTX
30:00 - Surviving crisis and personal hardship
35:00 - Entering the AI + crypto era
40:00 - What is the Bittensor Network?
45:00 - Tor token and subnet mechanics
50:00 - The future of decentralized intelligence
55:00 - Final thoughts and what’s next

As ever, I hope you find it useful. Enjoy!

[siamkidd @SiamKidd]

Sooooo I watched this last night as my mate @DanielPriestley was having a debate with a guy who (in my opinion) has no frickin clue on reality or socioeconomics (despite being a very good trader). https://t.co/5MBniOwgQX @StevenBartlett

It was the most PAINFUL interview I've ever watched with endless emotional virtue signalling/crying by Gary and him just bombarding Dan with pointless questions. Poor Dan didn't have more than 5 seconds airtime to answer something before another emotional burp was thrown at him.

Dan and I think pretty much identically when it comes to this stuff and I think he massively toned down his thoughts to be more 'PC' and try and find common ground here.

Someone on X asked what my solutions would be...here's a quick list:

1.) The system is broken. Autocracies are historically proven to be the best system IF you are fortunate enough to have a good leader. Capitalism works, but NOT crony-Capitalism. We have the latter at the moment due to Keynesian Economics that is brainwashed into every econ student.

2.) You need VERY small Government to do the SINGLE thing that governments were originally mandated to do. Which is to govern. NOT control every damn thing it can. Good examples of this is what Milei is doing in Argentina and Bukele in El Salvador.

3.) The Government needs to balance the budget! Very simple. This video here is something I made in 2020 of how you turn a country around. Milei/Bukele/Trump are literally copying these actions (https://t.co/U19KbPQCjD)…

4.) As part of that you need to dramatically spur growth. You can never do that by hating and taxing the rich. You do this by making the UK the best damn tax and biz place to be. You will then see a flood of million/billionaires which will all come and produce jobs and econ activity. Look at what Trump is doing at the moment. 1 month in, he's had countless bizzes pledge hundreds of Billions in investment and moving factories to the US. Look at Monaco, they have no taxes per se, but they have other ways to fill their coffers, like charging $70k PER DAY to dock your boat there!

5.) If you do 3 and 4 correctly, you can then (in parallel) create a Sovereign Wealth Fund. Again, look at that video link, Trump is literally copying my playbook here.

6.) The Gov needs to become obsessed with DOMINATING and being the one and only harbour for bizzes and entrepreneurs that are ploughing forward with exponential techs. Addictive manufacturing, Crypto, AI, robotics, CRISPR etc etc. You can't do this if you're the most egregious regulated place on the planet.

7.) As Autonomous AI Agents and robots displace humans in the workplace, and non-human GDP starts to overshoot human GDP, this is hyper deflationary as the price of ALL goods and services spirals down to gross marginal costs and so everything becomes 5-10x cheaper for the average Joe. Eventually you can have a Universal HIGH Income for all adult citizens.

8.) Citizens being the key word here. There is a massive immigration issue where you have violent non economically productive people flooding in. That needs fixing. Once crime rates drop (which can only be done with extreme measures like in El Salvador) then people will return to the UK.

9.) The property issue is a thing I can talk about for weeks as the average Joe has been CONNED from an early age to think that the best and most prudent thing one can do is to buy a house early in life when you can't actually afford one! This whole topic becomes a moot point once UHI comes in. Then over the next decade or two, population will start to thin out due to the crashing procreation and fertility rates, autonomous ride hailing miles will dwarf human driven miles and so huge chunks of real estate like car parks will be repurposed and 3d printed homes will be put up 10x faster and for a 5x price reduction. Seriously, there is no long term ROI with property.

10.) Regarding Gary constantly crying out about how his sister can't afford rent or his friends struggling to pay bills etc, at no point in the interview was the topic raised about how frickin LAZY most of the general public is. Ultimately the schooling system has screwed over everyone here because a JOB is the worst wealth generating tool out there. But the energy/resource allocation and prioritisation skills of the 'struggling class' is woefully lacking. I know this from first hand experience as I've done a lot of charity work and community outreach stuff and my wife used to be part of the ITV Fixers project. All these council estates/people that Gary was crying for, they all have MASSIVE widescreen TVs, Xboxs, they smoke/vape and drink to excess, they gamble/do drugs and they are lazy in a work ethic perspective. Pareto principle in full action here of course and I'm getting the big black tar brush out here. People spend more hours watching TV or the football or planning their next car or holiday purchase than putting in the hours to GENERATE WEALTH! Mother Market is a brutal real time reflection of value. If YOU are valuable and have valuable skills, knowledge or know how, then you will be adequately rewarded. If you have NO useful skills etc, then you will not be rewarded. So I'm pretty sure Gary's sister or friends are inept from a skills perspective. And they are most likely not putting in the hours on YouTube or AIs to LEARN and build new knowledge and skills.

[Ase Deliri @AhsanDeliri]

@sama We just cancelled our company plan because Grok is so much better and doesn't pull all this non sense. Ask yourself, which version of Google do you ever recall using? Just keep shipping upgrades and stop with the ridiculous names and variations. People want to solve problems. 🤷‍♂️

[Eleanor Terrett @EleanorTerrett]

🚨NEW per my @FoxBusiness colleague @EdwardLawrence: The #crypto executive order has officially been signed.

Here are the details:

📌The Executive Order establishes the Presidential Working Group on Digital Asset Markets to strengthen U.S. leadership in digital finance.

📌The Working Group will be tasked with developing a Federal regulatory framework governing digital assets, including stablecoins, and evaluating the creation of a strategic national digital assets stockpile.

📌The Working Group will be chaired by the White House AI & Crypto Czar @DavidSacks and include the Secretary of the Treasury, the Chairman of the Securities and Exchange Commission, and the heads of other relevant departments and agencies.

📌The White House AI & Crypto Czar will engage leading experts in digital assets and digital markets to ensure that the actions of the Working Group are informed by expertise beyond the Federal Government.

📌The Executive Order directs departments and agencies with identifying and making recommendations to the Working Group on any regulations and other agency actions affecting the digital assets sector that should be rescinded or modified.

📌The Executive Order prohibits agencies from undertaking any action to establish, issue, or promote central bank digital currencies (CBDCs).

📌The Executive Order revokes the previous Administration’s Digital Assets Executive Order and the Treasury Department’s Framework for International Engagement on Digital Assets which suppressed innovation and undermined U.S. economic liberty and global leadership in digital finance.

[siamkidd @SiamKidd]

More people need to watch this: https://t.co/TRzScUzK0c

More specifically ask yourself why the most influential/deepest person in crypto on the planet @BarrySilbert is going all in on $TAO.

Then a follow on question (if you don't yet 'get it') is "Are you smarter and have higher information flows than Barry/DCG/Foundry and that they don't know what they're doing by going heavy into Bittensor..."

[Truth Signal @de_bose]

M2 inflation (due to moving off the “Gold Standard”) trickled to CoL inflation and forced single-earning families to become double-earning families along with push around Women Labour Force Participation (WLFP).

If a single-earning religious family would have dodged Government’s brainwash to become double-earning family (to collect more tax to pay interests on accruing debts), used Gold as SOV, kept wife/mother as traditional housewife, GDP would take a bump but TFR and QoL would have been higher.

[Jacob @jacobf12341]

@AlexAndBooks_ If your looking for wisdom, depth, and something impactful listen too: Diary Of A CEO - @jimmycarr

[Paprika Girl @PaprikaGirl_JP]

I’m a foreigner living in Japan since 2002, and I love living here.
Here’s a thread of 20 honest advice items to consider if you want to have a good life in Japan.

[CH Egan @ch_egan]

President @realDonaldTrump just announced that @DavidSacks is the new "White House A.I. & Crypto Czar," who will "guide policy for the Adminstration in AI and Crypto."

Here's @chamath pitching him $TAO, the leader in the convergence of AI + Crypto.

So much higher. 🫡

[Trump War Room @TrumpWarRoom]

🚨 President Trump announces that @DavidSacks will be the “White House A.I. and Crypto Czar”

[Jacob @jacobf12341]

@firehustle_net $kas

[Jacob @jacobf12341]

@conorfkenny Kas

[Elon Musk @elonmusk]

This is crazy

[Jacob @jacobf12341]

@SiamKidd @SiamKidd Chamath palihapitiya endorsed Bittensor this week in Napa. A very good sign for TAO. https://t.co/foZ5x9cnfN

[siamkidd @SiamKidd]

This is MEGA! https://t.co/5ipETQLm6z

There's only half a mill in it so far. But as this is Grayscale, expect this to be mega!

Only has 2.92% of the fund in $TAO at the moment. But assuming a measly fund AUM of $1B and this allocation stays the same (which I highly doubt it will), that's $29m inflow to TAO... that will surely boost price up!

I reckon once Bittensor irons out all these niggles then the TAO allocation will increase.

[siamkidd @SiamKidd]

Whoa! Can't WAIT to see this #bittensor doc coming out soon!

People look at price, and think it's a dead duck. But are oblivious to the fact that there are 33 active subnets right now. That's 33 completely separate AI start ups with a team of 1-12 coders.

In each subnet there are over 200 miners all competing with each other improving the algorithms and whatever machine learning on that subnet.

Everyone has to be performing well otherwise they're booted off. All of this is simply the tip of the iceberg. Meanwhile the Foundation are constantly tweaking and making changes that hinders their profitability but maximises the longevity of the project for the future.

Const and Ala are gearing this to still here in 50 years and couldn't care about the price or what's happening in 5 years. In 20 years of Trading and Investing, I've never seen such a lop-sided asymmetric trade...