In 2020, @throughnothing and I led a panel on #Bitcoin & #GlobalMacro. Our chat with @kineshanko & the late @mjdsouza2 remains relevant today. We don't like to hit home runs and not have enough skin in the game 😉. The macro case for Bitcoin endures! Watch the #MacroWTF panel here https://t.co/iXdUYnwSkX
What people are missing about the US government's AI regulation announcement:
ID verification will now be forced on all accounts to prove citizenship.
Frontier labs will take your data, and your sovereignty is officially dead.
A permanent underclass division and a total control society are beginning right now.
People ignored me when I started saying this last year, but it is happening right in front of our eyes.
Get into Open-Source and Sovereign AI.
Advancing together through collective intelligence is the only way to fight back.
NEWS: Founders Fund turned a $600 million bet on SpaceX into more than $50 billion.
Peter Thiel's Founders Fund was the first institutional investor in SpaceX. It put in about $600 million across several rounds over nearly 20 years.
At the $135 $SPCX IPO price, that roughly 3% stake is worth more than $50 billion, Bloomberg reports. It is one of the great venture bets of all time.
Founders Fund is not alone. Bloomberg says Valor Equity holds about 4% worth nearly $70 billion. Andreessen Horowitz sits on more than $10 billion.
Thiel saw it coming. "I would never bet against Elon in anything." Hard rule number one in Silicon Valley.
6/ What remains: #ATS registration, #clearing, #custody, surveillance. Proposal, not final — 60-day comment period. But the binding constraint just changed from "structurally impossible" to "administratively solvable."
Full analysis 👇 https://t.co/3rcntuTmAN
1/ The SEC just proposed rescinding #Rule611 of #RegNMS — the trade-through rule that has defined US equity market structure since 2005.
This reads as a TradFi story. It's also the biggest regulatory unlock yet for US #tokenizedstocks. 🧵
5/ The sequencing is the story: clear the hardest market structure obstacle via rescission, handle venue registration via the innovation exemption. Add #DTC digital twins + Nasdaq's equity token design and you're watching US equities get systematically rewired for public rails.
BREAKING: @Solana’s largest DAT, Forward Industries(@FWDind), made a non binding all stock proposal to acquire Brera Holdings PLC (SLMT) (@Solmate), which holds 2.1M $SOL. The offer valued $SLMT at a 30.7% premium, but Brera rejected the proposal.
The crypto asset class is not a bet on any one country or system. In that sense it is a portfolio diversifier.
h/t @chainalysis geography of crypto report