$CLIPPY and #MEMECOIN battled with quiet revolts and meme magic, but $CLIPPY's sabotage sparked the anti-dystopia win!
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To date, we have manufactured all tinyboxes in America. However, we buy parts from abroad. There is no way to buy an American made GPU or motherboard, and there won't be for a long time. If these tariffs stand as is, we would have negative margins on tinyboxes.
Our motherboard manufacturer has already reached out and tried to get us to pay the tariffs on things we already agreed on the delivered price for. But I don't blame them. Their margins probably go negative with the tariffs too.
I sort of doubt we'll be getting our 5090s at the price we agreed on either. If that's true, the whole thing really is out the window. And even more stupidly, there's a restricted list of countries you can ship 5090s to, so I'm not so sure we could move manufacturing of the green v2, and the product may just be cancelled.
I'm not going to spend my time figuring out weird loopholes and incentives and reexport and FTZ and maybe try to eek out a small profit after all the administrative costs. Tariffs are regulations. When difficultly of doing business goes up, many people only marginally making money just stop doing business.
The US has an "ease of doing business" ranking of 6, Hong Kong's ranking is 3. If we manufacture here in HK, we have free trade, and can continue our policy of selling everywhere and passing the tariffs on to the buyer (EU people have been dealing with this for a long time, now US people will too). If we can't get 5090s cause of shortsighted US export regulations, we'll have to switch to something we can get (9070XT?). But here's the kicker, so will the rest of the world.
Long term, this hands the future of AI hardware to the Chinese, because it's what everyone will be able to buy. And truthfully, this is probably good for tiny corp long term. The minute there's decent Chinese chips, we'll be ready with the software, as tinygrad is the easiest framework to port to any hardware.
No #USDT is not going to be de-listed on EU exchanges tomorrow.
This is just classic #Tether FUD. Probably driven by #USDC and possibly Ripple (for obvious reasons).
NB: Organisations have 18 months grace from entry into application with MICA regulations.
I've noticed something interesting on the #Bitcoin weekly chart.
As you can see, Bitcoin is on a clear uptrend, but it experiences almost 15-20% pullbacks along the way. Since August 2023, an interesting pattern has formed. The first leg up completed at the 2.618 Fibonacci level of the prior pullback, followed by a 20% pullback. If it follows the same pattern, the second leg up (current leg) must be completed at the 2.618 Fibonacci level of the prior pullback, which is around $72356.1, with a 20% pullback afterward. Then, the third leg will take us to the next target of around $107k, which is my first target for this bull run.
Let's see how this chart develops.
Thank you Emmy for showering me with 2,500 Diamonds and getting me to shamelessly tweet this out. If you're a Solana OG head to https://t.co/awn8KND85l to claim the Diamonds you've earned
Yo communities lets make some noise. And tag them (binance and kucoin)
Yo @kucoincom yo @binance
Your missing out insane amount of trading fee. There is alot of people trading but not on your exchange
Can we get $PAAL $ARC $TAO $RVF $DIONE $ATOR listed