@DipWheeler Fifa world cup. Fédération Internationale de Football Association world cup. Note it's not FISA. Those who call it soccer, you have been lied to. My condolences.
One of the more concerning long-term Bitcoin metrics. The Annual Fees miners earn (ex. block reward) over trailing 12 month period has just dropped to its lowest point since 2019! Bitcoin's transaction throughput fee revenue is in free fall, block rewards keep halving and AI compute demand is through the roof. It's no wonder every single public Bitcoin miner is pivoting away from Bitcoin and into AI. At some point in the future, this line needs to go up if Bitcoin is to be sustainable in years to come. On the positive side, this metric does normally hit a major low at the bottom of bear markets when interest in Bitcoin is lowest.
@Tom__Capital@ClareONeilMP It has to be by design Tom. Nobody can be so consistently incompetent. The orders are coming from higher up, as it is similar coordinated sabotage in many western countries around the world.
Instead of doomscrolling,
search "Perpetual Perspectives" on Youtube or Spotify
Few know that I hosted what I believe is one of the most genuine set of conversations (won't even call it a podcast).
26 episodes over the course of 2024 and part of 2025.
The motivation behind this was fueled out of passion and my own curiosity.
I spoke to people I genuinely wanted to have a conversation with (hence the sparse episodes).
Episodes include conversations with Huss, Mercury (2x), Doc (2x), TheFlowHorse (2x), Magus, CredibleCrypto, Giver, 0xKun, Joshua, Luckshury, NikAlgo, Sting, Mayne, Linn, Hoeem, CryptoBully and more.
Still get DMs about people listening to some of these 2-3 times which makes me feel somewhat satisfied that I was able to give back in some form.
Let me trace the timeline here because nobody's connecting it.
Step 1: Scrape the entire internet. Every book, every article, every conversation, every piece of art, every forum post. Do it without asking. Do it without paying.
Step 2: Train a model on all of it. Call it "artificial intelligence."
Step 3: Go to BlackRock's Infrastructure Summit and announce: "We see a future where intelligence is a utility, like electricity or water, and people buy it from us on a meter."
Step 3 is where you sell people's own knowledge back to them. On a meter.
They took the collective output of human thought, compressed it into a model, and now they want to charge you by the token to access a version of what you and everyone you know already created.
One Reddit user put it perfectly: "They stole all this data from us, the people, our life's work, creativity, art, by devouring the internet and blowing through all copyright laws. Now they want to sell it back to us in the form of a utility."
Imagine if someone photocopied every book in the public library, burned the library down, and then opened a subscription service for the copies.
That's the metered intelligence business model.
And they're pitching it to infrastructure investors as though they invented water.