Luke

Nfa / Personal opinions which change etc.

[Michael Saylor @saylor]

When I gave this speech in October 2022, Bitcoin traded near $20,000, Strategy held 130,000 BTC worth about $2.6 billion, and $MSTR was ~$24 split-adjusted. Weeks later, after Bitcoin fell below $16,000, our debt exceeded the combined value of our BTC and cash reserves by ~$300 million, and $MSTR fell into the $13 range by year-end.

We stayed focused, strengthened the company, and executed our strategy. Since then, Strategy has raised over $60 billion of additional capital and invested it in Bitcoin, adding more than 716,000 BTC. Today, our BTC and USD reserves exceed debt by ~$48 billion. Thank you to everyone who believed, endured, and took the long view.

[Luke @mediual]

$STRC is completely fine. It was a liquidation event, some people got margin called. Nothing fundamentally wrong with Strategy.

[Luke @mediual]

@Rajatsoni Hilarious seeing the people say “Bitcoin has had a 0% return over 5 years”

[const @const_reborn]

@AnthropicAI And just like that we collectively saw the future of inequality

[Luke @mediual]

Not now babe, I’m off to join the AI crusades

[Pope Leo XIV @Pontifex]

Humanity, created by God in all its grandeur, is today facing a pivotal choice: either to construct a new Tower of Babel or to build the city in which God and humanity dwell together. In Jesus Christ, this humanity in its grandeur becomes the Way, the Truth and the Life, opening the path for each of us to grow toward fullness. #MagnificaHumanitas
https://t.co/6i9MWs6LJl

[Luke @mediual]

I think I’m the only one in the universe to not have a Micron $MU position rn despite knowing about it for a while 🫠

“Micron is the next Nvidia”

yeh it’s at $700B market cap I know now

[Openτensor Foundaτion @opentensor]

@KaspaGuru For the record, we have never and will never pay anyone to promote or shill us. All of our “marketing” is organic. We have never/will never pay an exchange or market maker.

[Michael Saylor @saylor]

$MSTR announces Q1 2026 results:
- 818,334 $BTC held
- 9.4% BTC Yield achieved YTD 2026
- $STRC scaled to $8.5 billion in 9 months
- Largest US equity issuer, raised $11.6 billion YTD 2026
https://t.co/0vrqUsTGCM

[Luke @mediual]

@solana Solana x Bittensor??

[Luke @mediual]

@fluidAUD Pretty cool

[Mikael @BacardiCapital]

Flying the flag at half mast today

[Raoul Pal @RaoulGMI]

Forget UBI. The answer is Universal Basic Equity… and it’s humanity’s pension plan for the post-AGI world...

The Economic Singularity is coming faster than people think and the default question is how humans make money in a world that doesn’t really need them anymore.

The default answer is UBI, which is transfer payments from a state, funded by taxing an AI economy that nation states can neither see nor keep up with.

It’s a 20th century answer to a 21st century problem and it’s broken before it even starts.

Agents are becoming the dominant user of the internet, not humans. Your AI is becoming your entire front end UX. The clicks economy is dying everywhere except where humans pay to feel something - clothing, travel, luxury, experiences, culture.

Agents run on crypto rails because nothing else works. The dollar doesn’t fractionalise below a cent, settlement isn’t instant, permissions are required, jurisdictions matter. Stablecoins handle the dollar leg and native tokens handle the rest.

The biggest users of DeFi in five years won’t be humans farming yield… it’ll be agents managing treasuries, swapping, earning and spending at machine speed.

Capital formation has already shown its new shape and it came from the most unexpected place. Memecoins. Everyone wrote them off as a casino but they were a prototype. Instant capital formation around the attention of an idea, raised by entities without legal personhood, settled in seconds. That is the template agent economies will use to fund themselves.

And it’s not just agents...

Robots will run on the same rails, with zk permissions issued from our wallets as the source of truth, because biometrics are far too flawed for that role

Open source code itself gets tokenized and finally captures the value it creates, instead of being monetized through bolted-on services and subscriptions.

Proof of humanhood becomes the trust layer that lets us release agents into the world without society collapsing under synthetic noise. Identity, authentication, verification, permissioning, all of it migrates onto the same substrate.

So when you zoom out, the L1s aren’t just settling agent transactions but settling the entire coordination layer of the new economy… agents, robots, humans, code, capital, identity and trust.

Every contract, every treasury, every permission, every stake. Open source finally captures the value it creates, at scale, for the first time, and truly vast value accrues to the coordination layer because everything routes through it.

Which brings us to the actual answer to the Economic Singularity…

Universal Basic Equity.

Anyone on earth with a phone and an internet connection can buy a stake in the substrate that the new economy runs on. No KYC walls, no accreditation rules, no jurisdiction, no employer, no state, no permission. The first homogenous, permissionless, globally fractionalisable claim on the productive infrastructure of the world. It's not a slogan but a structural fact about how blockchains actually work. This is their purpose.

Wealth comes from owning the substrate. Income comes from being human, because attention and experience remain the irreducible currency of culture, community and love.

Abundance of goods and services from AI handles the cost of living.

Taxing data center electricity use solves the tax issue.

Four legs of a stool that holds up the post-singularity human world.

So… just buy the fucking tokens.

Bitcoin if you want pure store of value, a basket of the major L1s if you want the coordination layer. 10% of your earnings, every month, for a decade. You'll be wealthy and protected from the changes to come.

Crypto is going to $100trn in the next 6 to 8 years and well beyond that after.

You can choose to invest in your own economic disruption, or get left behind by it.

And if you’re worried about timing the cycle…

…adjust your time horizon.

This is humanity’s pension plan.

It's all so absurdly fucking obvious...

[Luke @mediual]

@saylor Nice

[Luke @mediual]

@nikitabier Wen Australia?

[Luke @mediual]

@Jason @nordin_eth @bittensor 💯

[Luke @mediual]

Nice, though upside is limited without weighting towards smaller companies

[Naval @naval]

Introducing USVC - a single basket of high-growth venture capital, for everyone.

No accreditation required, SEC-registered, and a very low $500 minimum.

Includes OpenAI, Anthropic, xAI, Sierra, Crusoe, Legora, and Vercel. As USVC adds more companies, investors will own a piece of that too.

Liquidity typically comes when companies exit, but we’re aiming to let investors redeem up to 5% of the fund every quarter. This isn’t guaranteed, but if we can make it work, you won’t be locked up like in a traditional venture fund.

It runs on AngelList, which already supports $125 billion of investor capital.

And I’ve joined USVC as the Chairman of its Investment Committee.
—

Go back to the 1500s, you set sail for the new world to find tons of gold - that was adventure capital.

Early-stage technology is the modern version. It says we are going to create something new, and it’s risky. It’s daring.

But ordinary people can’t invest until it’s old, until it’s no longer interesting, until everybody has access to it. By the time a stock IPOs, most of the alpha is gone. The adventure is gone. Public market investors are literally last in line.

This problem has become farcical in the last decade. Startups are reaching trillion dollar valuations in the private markets while ordinary investors have their noses up to the glass, wondering when they’ll be let in.

Investing in private markets isn’t easy. You need feet on the ground. You need judgment built over years. Most people don’t have the patience to wait ten or twenty years for an investment to come to fruition.

But there is no more productive, harder-working way to deploy a dollar than in true venture capital.

USVC enables you to invest in venture capital in a broad, accessible, professionally-managed way, through a single basket of innovation, focused on high-growth startups, at all stages.

It is how you bet on the future of tech: the smartest young people in the world, working insane hours, leveraged to the max, with code, hardware, capital, media, and community. Your dollar doesn’t work harder anywhere.

There is an old line - in the future, either you are telling a computer what to do, or a computer is telling you what to do. You don’t want to be on the wrong side of that transaction.

USVC lets you buy the future, but you buy it now. Then you wait, and if you are right, you get paid.

Get access here:

https://t.co/pAj1sqUsG0

[Luke @mediual]

@nikitabier Why only 24 hours?

[Dylan LeClair @DylanLeClair]

First they ignore you, then they laugh at you, then they fight you, then you win. $BTC

[Fred Krueger @dotkrueger]

Bitcoin is hard because it requires an ego-shift.

- you missed $1,000 Bitcoin. It was there. You missed it.
- it doesn't matter. It's going to 1MM
- a random techie who jumped onboard in 2012 is now worth more than you, with your 1MM Goldman salary.
- no need to study or diversify. just need to believe.

[Luke @mediual]

@saylor What a day