Jonathan Khoury

[Ricardo @Ric_RTP]

Palantir's CEO just exposed Sam Altman and Dario Amodei for robbing every Fortune 500 company.

Within two minutes, Alex Karp took the entire frontier AI industry apart on national television.

His exact words:

"Every single enterprise in this country, these people are LIVID. They are paying for tokens that create no value. These people are stealing the weights and alpha of my business."

He literally said the entire frontier AI business model is intellectual property extraction dressed up as a subscription.

Then he also destroyed the pricing model with a single question that Silicon Valley still refuses to answer:

"If it was so valuable, let's say I can make you $1 billion tomorrow. Wouldn't I say I'll make you $1 billion and I want 30 percent? Why are they charging for tokens if it's so valuable?"

That question breaks the industry.

If OpenAI and Anthropic's models truly delivered the productivity gains the labs claim, they would take equity or a share of the profit they generate. They would not sell access by the million tokens.

Token pricing is itself the CONFESSION that the product cannot produce reliable value at scale. If it did, they would price for the value. But they price for the compute because that is what they are actually selling.

Karp went even further...

He called the entire arrangement "a wealth tax that does not help the poor. It just punishes."

American businesses are transferring the alpha of their operations, meaning the workflows, the customer data, the strategy memos, the internal models that make them competitive, directly into the training pipelines of a handful of Silicon Valley labs. Once those labs retrain, the customer's own edge becomes the next enterprise product sold back to their competitors.

And the part the AI industry does not want anyone thinking about:

Every enterprise running its confidential documents, its customer conversations, and its financial models through a frontier model is potentially teaching that model HOW to replace them.

The vendor collects the token fee AND the compounding intelligence about that customer's business. That is the mechanism. And that is why Karp used the word "stealing."

He claims this is why every executive he meets is furious in private and silent in public. Nobody wants to be the CEO who called out the labs and then discovered their next competitor was built on their own leaked workflows.

The entire AI industry has been priced for perfection on one assumption:

That frontier labs produce durable, defensible value that justifies infinite compute spend.

But Karp just told us that the customers do not believe that assumption anymore. They believe they are being taxed without benefit, watched without consent, and copied without recourse.

The moment enterprises stop believing, the whole valuation stack shakes.

[Anthony Scaramucci @Scaramucci]

Not a billionaire but you should think about not being left behind. How many people are going to say that they took advantage of the “Michael Saylor is going to get liquidated period in the early summer of 2026? I ride with @saylor

[Jeremy Lindenfeld @jeremotographs]

Koreatown, Los Angeles the moment Mexico scored their goal against South Korea.

[Lyn Alden @LynAldenContact]

Call me crazy, but I think parents should determine what their teenagers do online rather than the government.

And that governments shouldn't use system-level ID checks to identify and monitor everything.

[Michael Saylor @saylor]

32?

[Elon Musk @elonmusk]

Who specifically is the asshole who added DEI lies to Academy Awards eligibility instead of it just being about making the best movie?

[Adeniyi.sui @EmanAbio]

we're introducing THE NEXT ERA OF PREDICTION MARKETS ON SUI with @DeepBookonSui

bet on any asset, at any price, in any range, with leverage

DEEPBOOK PREDICT... SHIPPING SOON...

[Altcoin Daily @AltcoinDaily]

🇺🇸 MASSIVE: The crypto market structure bill (CLARITY Act) will advance to a Senate Banking Committee vote on May 14.

[Shaun Maguire @shaunmmaguire]

As @spencerpratt goes viral today

It’s worth reposting this banger that @LatinosPorPratt made

Saca La basura!

[Micah Adams @MAdamsStatGuy]

If you remove free throws from everyone, Bam Adebayo's night would rank 73rd all-time.

Most points in single game
1. Wilt 100
2. Bam 83
3. Kobe 81

Most points without free throws
1. Wilt 72 (100-pt game)
2. Kobe 63 (81-pt game)
3. Wilt 62 (78-pt game)
--
T-73. Bam 48

[🏆LakersGuru🏆 @GuruLakers]

THE MIAMI HEAT ORGANIZATION SHOULD BE ASHAMED OF THEMSELVES. WHAT WE JUST WITNESSED WAS THE MOST SHAMEFUL DISPLAY OF EVERY UNETHICAL CONCEPT IN EXISTENCE. A DESPICABLE WATCH.

[David @david_eng_mba]

Venezuela Just Proved the Bitcoin Bull Case, And No One Is Paying Attention

Maduro used Tether to move 80% of Venezuela's oil revenue. Billions in sanctions evasion, settled on Tron since 2020.

Then the US made a phone call.

Tether froze the wallets.

Game over.

Everyone's focused on the arrest. The real story is the lesson every finance minister on earth just learned in real time:
Stable coins are a leash, not an escape.

If someone can freeze it, it isn't money. It doesn't solve sovereignty.

First principles:
USDT is dollar plumbing without SWIFT. Faster. Cheaper. Still has a CEO. Still has a compliance department. Still picks up when Washington calls.

This is why USDT adoption exploded, 71-year-old grandmothers in Caracas pay their HOA fees in tether now. But useful ≠ sovereign.

The entire value proposition for sanctions evasion just got publicly falsified.

Now do the game theory:
You're Iran. Russia. Any country hedging against dollar weaponization. You just watched Venezuela's "crypto solution" get shut off like a light switch.

Where do you put reserves now?
USDT? Compromised.
Yuan? Political strings.
Gold? Try settling $500M across borders in 10 minutes.
CBDCs? Same kill switch, government branding.

There's exactly one asset that clears final settlement without asking permission from anyone.

21 million units. No CEO. No freeze function. No phone number.

This is the ad Bitcoin never had to buy.
The most desperate, highest-stakes capital on earth just learned there's only one door.

Price doesn't reflect it yet.
It will.

[Cristiano Ronaldo @Cristiano]

A special moment to end the year on. I carry on with the same passion, commitment and hunger as always to reach my goals.

Thank you to everyone who has supported me this year!

[Adam Carolla @adamcarolla]

Want to see what a two and a half million dollar foundation looks like in California. This is for a 2000 sq ft single family house

[Raoul Pal @RaoulGMI]

I know no one wants to hear bullish ideas and everyone is scared and wants to fling poo at each other... but the Road to Valhalla is getting very close.

If global liquidity is the single most dominant macro factor then we MUST focus on that.

REMEMBER - THE ONLY GAME IN TOWN IS ROLLING $10TRN IN DEBT. EVERYTHING ELSE IS A SIDESHOW. THIS IS THE GAME OF THE NEXT 12 MONTHS.

Currently the gov shutdown has forced a sharp tightening of liquidity as the TGA builds up with no where to spend it.

This is not offset by the ability to drain the Reverse Repo (it is drained). And QT drains it further.

This is hitting markets and in particular crypto which is the most liquidity driven. TradiFi asset managers have had one of their worst years of performance vs benchmark and are now having to chase markets and that is allowing tech to be more stable than crypto. 401K flows help too. If this liquidity drain keeps going longer, stocks will get hit hard too.

However...

As soon as the gov shutdown ends, the Treasury begins spending $250bn to $350bn in a couple of months. QT ends and the balance sheet technically expands.

The Dollar will likely begin to weaken again as liquidity begins to flow. Tariff negiotiations will have largely been completed, removing uncertainty

Ongoing bill issuance increases, adding more liquidity via bank balance sheets and money market funds (and stable coins).

Ongoing rate cuts (we will have economic weakness from the shutdown that will add to the evidence that rates need to come lower but no, there is no recession)..

SLR changes free up more of the banks balance sheets allowing for credit expansion.

The CLARITY ACT will get passed, giving the crypto regs so deserately needed for large scale adoption by banks, asset managers and businesses overall.

The Big Beautiful Bill then kicks in to goose the economy into the midterms. The entire system is now being geared toward a strong economy and strong market in 2026 for these elections.

China will continue to expand its balance sheet. Japan will work to strenghten the Yen, and also fiscally stimulate.

The ISM will rise as rates fall and tarrif uncertainty drops away.

You just need to get through the Window of Pain and The Liquidity Flood lies ahead.

Always remember the Dont Fuck This Up rules...and wait out the volatility. Drawdowns like this are common place in bull markets and their job is to test your faith.

BTFD if you can.

td:dr - When this number goes up, all number go up.

[Tony Seruga @TonySeruga]

A country run by banks will
always be in debt

Healthcare run by Big Pharma
will never cure disease

A state run by war
will never know peace

A nation run by media
will never know the truth

[Nayib Bukele @nayibbukele]

😎

[amit @amitisinvesting]

$HOOD

ROBINHOOD LAUNCHES THE FIRST EVER PRIVATE STOCK TOKENS FOR CUSTOMERS TO ACCESS IN THE EU

The first two private companies?

SpaceX and OpenAI.

Oh. My. Hoodness.

[Andrew Tate @Cobratate]

Bonnie Blue is the end result of extreme feminism.

The extremity of women empowerment creates OnlyFans models and pornstars.

The same way the extremity of male empowerment creates warlords.

Historically,

A woman's virginity was treated as sacred.

And it was sacred. TO MEN.

It was MEN who defended it.

MEN who kept it scarce, MEN who gave it power.

A father would protect his daughter by assuring she only gave her virginity to a man who would protect her FOR LIFE.

Sex had immense value.

Sex would result in a LIFETIME of protection and provision.

With extreme female empowerment,

When a female is taught to disregard her father and be a girl boss.

When she's taught that she knows best.

When she's taught that her body count doesn't matter and she's put to the same standard as men.

She's taught to be a whore.

She'll use sex as a tool to get what she wants, she'll even just give it away for fun.

When you can print unlimited money, what do you do?

You print.

Bonnie Blue wouldn't exist in a patriarchy.

She would have been protected from herself.

You can watch a full breakdown of modern feminism here: https://t.co/A3xhRJoHBN

[Dan Bilzerian @DanBilzerian]

@Cobratate @JamesWynnReal You will remain a slave as long as you worship money.