Very proud of what you guys have achieved in just a short period of time! Clear sign of the immense hunger for use of AI tools that protects your privacy! Onward and upward!
3 million registered users achieved this morning in the sunny lagoon of https://t.co/MtRCdjvV1s 🌅
• 3 million who wanted a ChatGPT that didn't spy on them
• 3 million who wished to avoid the intellectual degradation of paternalistic censorship
• 3 million sovereigns avoiding a future of serfdom
We don't store or log your prompts.
We don't package your personal life to be sold to advertisers.
We don't train on your conversations or share them with any criminal or government (redundant?) who asks for them.
• Text, image, video
• 230+ models
• Web, app, and API
Unrestricted intelligence for today's sovereign individual, whether human or agentic.
Try for free at https://t.co/MtRCdjvV1s
@ErikVoorhees Very proud of what you guys have achieved in just a short period of time! Clear sign of the immense hunger for use of AI tools that protects your privacy! Onward and upward!
We were proud to host @BlockchainAssn last week for the launch of their member listening tour. The momentum behind regulatory progress is real and accelerating. We’re excited to work alongside the BA to ensure policymakers understand the transformative potential of crypto, while advocating for clear, smart frameworks that unlock innovation in the U.S.
@davidsacks47 The only way to grow is to take chances that won’t kill you if you are wrong and pivot, when you make a mistake. This is true for any entrepreneur as it is for nations. Thanks for getting us back on the right track!
Over the past decade, the federal government sold approximately 195,000 bitcoin for proceeds of $366 million. If the government had held the bitcoin, it would be worth over $17 billion today. That’s how much it has cost American taxpayers not to have a long-term strategy.
1/ Today, despite bipartisan support, Pres Biden vetoed the repeal of SAB 121, the SEC’s punitive, anti-crypto accounting guidelines. We’re disappointed that the admin chose to overrule bipartisan majorities in both Houses of Congress who recognized the harm created by SAB 121.
I’m thrilled to announce @Architect_xyz has completed a $12M investment round, led by @BlockTower and @TiogaCapital. We are excited to welcome new investors @CMT_Digital, @paraficapital, A Capital, and @twelve_below, and are thankful to our founding investors @cbventures, @svangel, Third Kind, SALT Fund, and US Digital Trust for their continued participation. This round brings Architect’s total capital raised to $17M since our founding in January 2023.
I am extremely proud of our team for reaching this milestone. Onward!
EXCLUSIVE: @robertalice_21’s “Portraits of a Mind” artwork was acquired by @CentrePompidou ahead of his SOURCE [On NFTs] @ChristiesInc auction
Alice edited @TASCHEN’s “On NFTs” book that will launch in the U.S. today
Learn more below ⬇️
Killer App in Argentina with Lemon Cash @lemonapp_ar
1) Take your pay in ARS, instant convert to USDC
2) Store value in / and p2p pay with USDC
3) Pay anywhere with Visa Debit backed by USDC
4) Cash out anytime into local currency as needed
https://t.co/L4eHiFVbRj
Americans are increasingly alone.
Call your friends. Invite people to dinner. Talk to strangers you meet in town.
You never know what someone is going through.
Some key points by former Federal Reserve Board member Kevin Warsh:
“The cost of stopping inflation would have been lower if the Fed had faced the problem earlier.”
“Inflation was never “transitory,” and it couldn’t credibly be explained away by war and pestilence.”
“The Fed would have been wise to raise rates from zero earlier in the economic cycle. The economy and financial system were decidedly stronger. The country was much better positioned to handle rate increases in 2021 than today.”
“The longer the central bank waited, and the more uncertain its trumpet, the more monetary might had to be deployed to quash the inflation monster, and the more collateral damage to the economy.”
“the Fed, Treasury and FDIC should come to terms with… the breadth of the problem. It’s not about a few troubled banks and an irrational run by panicky depositors. Weekend fire-fighting only buys time. The liquidity-induced holiday from economic history has ended. They should be prepared for a pullback of everything everywhere all at once.”
“The Fed and Treasury should lead a fundamental review, not just of the deficiencies involving a single failed institution, but of the entire post-Dodd-Frank regime. Fed officials, more than most, must know that the end of free money would be deleterious to bank liquidity and solvency.”
https://t.co/fLrXOm89YD
Yellen & Powell said inflation was transitory so they could keep spending & pumping. When it blew up in their faces, the Fed jacked up rates so hard it collapsed a huge bank. Now they want to say it’s startups’ fault—you shouldn’t have kept your deposits there. Give me a break.
The "Jerome Powell and Fed have done a good job" crowd is real quiet this morning as everyone waits to hear what is going to happen to one of the largest banks in the US.
Banks are underwater on long-duration assets because the Fed forced them to chase yield.
Market intervention is horrible for the long-term health of a financial system.
The free market is a better referee.