I lost everything in Crypto.
I was exactly where this guy is at one point.
I lost most of the money i made from selling a business(over $250,000).
I lost my wifes and mothers money.
Then i got into $50k of debt and tried to make it all back.
Lost that as well didn't I.... LOL fuckkkk
Not kidding.
This is a 100% true story.... feels weird writing this out again and remembering the emotions.
I was heavily depressed, but I just kept showing up in the trenches and learning.
Kept training my mind and body.
Refused to let that situation define me.
And rose out of the ashes and eventually became very comfortable financially within the same industry that took everything from me initially.
If you are in this position, as I am sure a fair few are right now...
You gotta realise its not Crypto's fault.
Its yours.
And there is a liberation in accepting that, because once you accept its your fault, you can be the one to change it.
You weren't screwed over, you just weren't good enough.
The pain i went through during that period is what enabled me to become who i am today. Without it, I wouldn't have made it here.
The loss is what creates the seeds that eventually grow the win.
I ended up making much more money for my wife and mother after that, and the story has a much happier ending.
But it wouldn't have if i threw the towel in when i was down and out.
You just gotta find a way to keep going.
And the ones that can handle that loss, are the only ones that will rise again.
That's just the way it is.
You can cry, blame and hate everything...
But you aint gonna win.
@MominISheikh And India’s capable of launching missiles at our dams, and we are capable of launching our missiles at theirs.
There’s got to be another outcome instead of mutual flooding, erasure of agriculture.
@Serendipit30567@Phazaell@worqas But… additional context, they have an IPO coming up.
Chinese models undercut pricing+performance in ways Americans can’t compete with.
Incredibly lofty claims, and pure snakeoil salesmanship is what they resort to. While anthropic’s own codebase got leaked repeatedly by ai.
@NawabRafiq@SaadInCyber Dunno if you’ve ever been to Emaar in DHA phase 8 Karachi, but it has multiple parks and play areas and tall apartment buildings right next to the beach.
It’s arguably the best housing society in Pakistan.
@aliomerhorzum@lex_node It was trained on copyrighted data, both from the internet and off internet. Their models were trained of theft. They don't get to claim ownership over it. That is my thesis.
This is extraordinarily rare.
In fact, according to a key figure in the German business community (who is a dear friend of mine), it's unprecedented.
An op-ed, two pages, centerpiece, in Germany’s most important economic newspaper (the Handelsblatt) that begs the German establishment to stop looking at China via the prism of propaganda. And it's by their Shanghai bureau chief - not some outside contributor.
The title is "The China debate cannot continue like this!" and the article makes the case that it's suicidal, from a German and European standpoint, to keep reducing China to false caricatures rather than facts.
In effect it's rubbish in, rubbish out: if you tell people lies about China - whichever direction they go (anti or pro) - then obviously the policies that come out will be rubbish, designed for a mirage of a country that exists only in people's imagination.
Needless to say, this is absolutely music to my ears because it's literally the main point I've been making in my advocacy around China for now almost 10 years. Some are finally seeing the light...
I also believe, as I argued in my article "Are Western media turning China-friendly?" last year (https://t.co/Xg1hoSRtNy) that this type of coverage was bound to happen, and there will be more and more of it.
Why? For a very simple structural reason: China is now too powerful to coerce. The West, and Europe in particular, just don't have the leverage anymore. Which means that if you tell China to do something and they don't want to, they just won't do it. Period.
In this situation, incapable of coercing, your only remaining choice is... convincing. And what do you need if you want to convince someone? Well, you need to understand them: understand how they think, how they behave, what drives them, what they actually want.
In other words: the moment coercion stops being an option, not only does propaganda stop being useful, it begins to be actively harmful as genuine understand becomes a strategic necessity. Reality is finally becoming profitable again.
Which means, if you're a journalist reading this and you're peddling some of your usual lies, describing China as some sort of cartoonish dictatorial dystopia that's simultaneously on the verge of collapse yet a "threat" to the whole world (in short, if you write on China for The Economist or the FT), be on notice: the real threat to your country isn't China. It's you.