First, Democrats started the Central Bank in our country, which set the stage for an unbacked currency (making it so you can print infinite amounts), outsourcing money creation to a private bank and buying its own currency via debt instead of creating it debt free via the US Treasury.
Then Democrats signed us up for NAFTA and the WTO which took all of our jobs overseas and combined with deficit spending eroded our wages and wealth via inflation.
Then they blamed "corporations" and the "rich" for these problems.
Company goes from $250m in cash to $60 billion in Bitcoin while having one of the best performing equities of the decade.
“awful business model poorly executed”
Uh, if that isn’t successful… what WOULD be successful?
@TradexWhisperer That's what I mean, I just found you and you just keep reposting stuff from the past.
I'm happy for everyone that found you last year... but got any insight for the next 12 months+?
This is absolutely insane. Elon Musk's XAI reportedly spent $40 billion to build their data centers
Based on public disclosure of the Anthropic and Google deal, XAI will get paid $26 billion per year to license the compute from these data centers
That is a payback period of 18 months for all the data center spend, from just two customers
And you still think AI infrastructure capex is a bubble?