Let your love be stronger than your hate or anger.
Learn the wisdom of compromise, for it is better to bend a little than to break.
Believe the best rather than the worst.
Here's where this goes...
Firstly, kiss successful insurance claims goodbye.
Any accident will be blamed on "sub-optimal driver performance", and that time your hands moved briefly from the 10-and-2 or your eyeline wasn't correctly picked up by the mirror sensor will be used to blame your fender-bender on you.
Secondly, there will be a big "people drive dangerously" propaganda push. "ADDW data harvesting has shown up 80% of us might be driving more recklessly than we think", or "most veteran drivers slip in to bad habits, reports show".
Then comes the new legislation to act on this totally fabricated problem. What is it? Oh, it's re-certification. Every driver has to be re-certified after X years on the road.
Or maybe your driver monitoring data will be uploaded to a database and scanned for errors. Those errors put points on your license and if you go over a certain number of points, your ability to drive is taken away pending recertification.
You can appeal, and drive while the appeal takes place. But the appeal fee is greater than the recertification fee, and if you lose, you have to pay legal costs, and you're not allowed to drive for double the usual amount of time.
You'll have to pay a "processing" fee for re-certifying, of course, and if you fail, you'll have to wait X amount of months before you can try again.
Headlines will celebrate both the (fictional) decrease in traffic fatalities and that the smaller number of private vehicles on the road has improved the pollution levels in the inner cities.
An opinion piece from an anonymous "former driver" will appear in the Guardian "I lost my drivers license, and it's the best thing that ever happened to me".
It will talk up how much money they're saving on petrol and road tax, and how much fitter they get walking everywhere and how they know their neighbours so well now.
And all sorts of cosy anecdotes about the charming characters and life-affirming tableaux that public transport exposes you to.
🚨 BITCOIN MAX SUPPLY IS NO LONGER 21 MILLION NOW.
And this is what causing market's crash.
If you still think Bitcoin price is moving only because of spot buying and selling, you are missing the bigger picture. Bitcoin no longer trades purely as a supply demand asset.
That structure changed the moment large derivatives markets took control of price discovery.
And that shift is a big reason why price behavior feels disconnected from on chain fundamentals today.
Originally, Bitcoin’s valuation was built on two core ideas:
• Fixed supply of 21 million coins
• No ability to duplicate that supply
This made Bitcoin structurally scarce.
Price discovery was driven mostly by real buyers and sellers in the spot market.
But over time, a second layer formed on top of Bitcoin, a financial layer.
This layer includes:
• Cash settled futures
• Perp swaps and options
• Prime broker lending
• WBTC products
• Total return swaps
None of these create new BTC on chain. But they do create synthetic exposure to BTC price.
And that synthetic exposure plays a major role in how price is set. This is where the structure changes.
Once derivatives volume becomes larger than spot volume, price stops reacting mainly to real coin movement.
It starts reacting to positioning, leverage, and liquidation flows.
In simple terms:
Price moves based on how traders are positioned, not just on how many coins are being bought or sold physically.
There is also another layer to this, synthetic supply.
One real BTC can now be referenced or used across multiple financial products at the same time.
For example, the same coin can simultaneously support:
• An ETF share
• A futures position
• A perpetual swap hedge
• Options exposure
• A broker loan structure
• A structured product
This does not increase on chain supply. But it increases tradable exposure linked to that coin.
And that affects price discovery.
When synthetic exposure becomes large relative to real supply, scarcity weakens in market pricing terms.
This is often referred to as synthetic float expansion.
At that stage:
• Rallies get shorted through derivatives
• Leverage builds quickly
• Liquidations drive sharp moves
• Price becomes more volatile
This is not unique to Bitcoin. The same structural shift happened in: Gold, Silver, Oil, Equity indices.
Once derivatives markets became dominant, price discovery shifted away from physical supply alone.
This also explains why Bitcoin sometimes falls even when there's not much spot selling.
Because price pressure can come from:
• Leveraged long liquidations
• Futures short positioning
• Options hedging flows
• ETF arbitrage trades
Not just spot selling.
So the current Bitcoin decline cannot be understood only through retail sentiment or spot flows.
A large part of the move is happening in the derivatives layer, where leverage and positioning drive short term price action.
This does not mean Bitcoin’s supply cap changed on chain.
The 21 million limit still exists. But in financial markets, paper Bitcoin is now dominating and this is what's causing the crash.
What in the F is an AI factory?
I had to investigate what the unelected @EU_Commission is talking about today
So according to them, it's some data centers (which they call supercomputers) in 6 different EU countries
I checked out the most powerful one: Karolina, a Czech data center, it mostly has CPUs though (see pic) not GPUs, so mostly useless for AI
The GPUs it does have are 72x 8x NVIDIA A100 GPU, so 576x A100, or equivalent of 240x H100s
(H100 is about 2.4x the compute power of A100)
So let's compare that:
@xAI has 200,000x H100 GPUs
So the xAI data center has 800x more compute than the Czech one
If we combine xAI, Meta, AWS, etc. it's about 750,000 H100s
If we assume the other 5 data centers in the EU are equivalent to the Czech one (which is massive stretch because most of the others seem AI consultacny services, they don't even HAVE chips!), the EU's new "AI factories" have a total of 1,440x H100 GPUs, let's round up to 1,500 to be nice
So the EU is trying to compete with 750,000 GPUs with their own 1,500 GPUs, so 500x less??
Correct me if I'm wrong but it's just seems very low impact and another ridiculous idea and burning of EU tax payers money that will end up in local cronies and bureaucrats and will do NOTHING to improve the AI business climate for Europe
The best way to improve it is to deregulate, make it super easy and low tax (especially when starting out) to start AI companies in Europe
🚨🇬🇧 “All UK Citizens will have to have it”
“What if I just don’t get the Digital ID?”
“Is there a fine for not doing it?”
Watch how quickly Labour Culture Secretary Lisa Nandy buckles under the slightest bit of challenge around Digital ID - she knows she’s lying, we know she’s lying, she knows we know she’s lying.
Poland has become the first EU country to introduce compulsory gun & shooting classes in all its elementary schools
Following Russia’s invasion of Ukraine, the Polish state wants to familiarize all kids from a young age with weapons
Patriotism is a key component of the classes
THIS IS WHY they’re AFRAID of RFK. The CDC held Secret Meetings about the Rise of Autism DUE TO Vaccinations…
“So they looked at one vaccine, which is the hepatitis B vaccine. They looked at kids who had gotten it in the first 30 days…and there was a 10,000% increase…”
CLIMATE LOCKDOWNS BEGIN
SPAIN: Same playbook as Covid psyop: create mass psychosis using a "shock" event (e.g. Valencia floods) to implement draconian restrictions and to further Agenda 2030 goals.
People are snitching on each other for driving in the rain or going for a walk outside during heavy rains in Malaga (just like in 2020!); all activity halted today in Granada (schools, shops,etc.) due to a light shower.