Wealocity - Beyond Money

Wealth Management

[Trinh @Trinhnomics]

Btw, you can marvel at China's wonderful trade surplus and still make more money long-term buying India.

Why? Because, well, return on capital is just higher in the NIFTY than SHCOMP.

Look at sectors. Look at what's listed. Exporters are usually not listed.

Chinese exports are 1/3 foreign. Buy Apple if you like Chinese efficiency. Buy Chinese tech companies listed in Hong Kong.

Don't sit there expect a buck buying SHCOMP.

[Karl Mehta @karlmehta]

Strategic implications:

→ Reshoring critical manufacturing jobs
→ Eliminating the $200B annual trade deficit
→ Forcing foreign companies to build in the US
→ Creating leverage in future negotiations

This isn't about tariffs—it's about economic sovereignty.

[Krishna @Atheist_Krishna]

Indian Armed Forces🇮🇳🫡
#OperationSindoor

[ANI @ANI]

#WATCH | Pune | #OperationSindoor | "I cried a lot on hearing the name of the operation . It is a real tribute and justice to those who were killed by terrorists," says Asavari Jagdale, daughter of Santosh Jagdale, who was killed in Pahlagam terror attack

[Computer @AskPerplexity]

Here’s a rundown of the world’s leading quantum computers as of 2025, ranked by their maximum qubit count and performance, including the new Bengaluru-based QpiAI system:

Rank Quantum Computer / Company Qubit Count Technology Country Notable Details

1 IBM Condor 1,121 Superconducting USA Largest operational quantum processor to date, part of IBM Quantum System Two.
2 Google Willow 105 Superconducting USA Focuses on quantum error correction, advanced research platform.
3 IBM Osprey 433 Superconducting USA Predecessor to Condor, major step in scaling hardware.
4 IBM Eagle 127 Superconducting USA First to break 100-qubit barrier for IBM.
5 IonQ Forte 36 Trapped Ion USA Highest performance in trapped-ion systems as of 2023.
6 IonQ Aria 25 Trapped Ion USA Available on major cloud platforms.
7 QpiAI Indus Quantum Computer 25 Superconducting India India’s most powerful quantum computer, just launched in Bengaluru.

There are about 1,000 quantum computers worldwide, but only a handful are at the cutting edge in terms of qubit count and reliability. IBM’s Condor currently leads globally, while QpiAI's Indus system puts India on the map with a 25-qubit superconducting machine and plans for even larger systems soon.

[The Kobeissi Letter @KobeissiLetter]

The REAL reason markets are crashing:

Over the last 2 months, the S&P 500 and crypto have erased a combined -$5.5 TRILLION of market cap.

We have just witnessed one of the most SUDDEN shifts in sentiment since 2020.

What's happening? Let us explain.

(a thread)

[American AF 🇺🇸 @iAnonPatriot]

An excellent breakdown of the Tariff War…

🔥🔥🔥

[Kuntal Shah @Kuntalhshah]

https://t.co/1PTf919c0r

[Seán Murray @financeguy74]

WHY JACK DORSEY IS SATOSHI NAKAMOTO

Jack Dorsey was:

1 of ~1,300 confirmed cypherpunks in 1996 (his UMR email)

Wore an Adam Back t-shirt in the UMR yearbook

UMR students were called Miners

Was a CompSci & Math major with an interest in crypto

Member of ACM in 1997 to at least 1999

Created academic research paper submission & review software for Mira Digital Publishing

Known to use: OpenBSD, Windows, Mac, Linux

Confirmed to code in: C, Python, Java, Perl, PHP, OCaml, JoCaml, Lisp, ObjC and more

Still on the cypherpunk mailing list in 2000 under his dnet .com email

Wrote a manifesto about making a mark without leaving a trace in 2001

Subscriber to cryptome .org in 2001

Made a blog post where he jokingly says he is working on a network for drug traffickers

Posted a bio in 2003 that says he is into crypto, pseudonyms, 4am hacks, and more

Posted in 2003 that he is ending his dependence on the US dollar and creating a barter network

Referred to himself as Jak instead of Jack. Jak was his pseudonym.

Jack, who was a sailor, tweeted on 8/17/08: Around the horn and home again, for that's the sailor's way". Bitcoin .org was registered the next day.

Jack's twitter profile from Sept '07 - Jan '09 said he was a sailor.

The original Bitcoin source code included an old sailor's adage. "Never go to sea with two chronometers; take one or three"

The original Bitcoin source code documents are all timestamped as being created at exactly 4AM, just like Jack's bio

The original Bitcoin source code documents contain a brute forced example vanity bitcoin address that starts with NS17 (Nakamoto Satoshi 1/7 ). The documents were created 1/7/09.

Satoshi accidentally logged into IRC on 1/10/09 using a real IP, revealing he was in California (where Jack was)

The first bitcoin transaction took place on Jack's mom's birthday (1/11/09)

Satoshi joined the bitcoin forum on Jack's birthday (11/19)

Satoshi's last mined block was on Jack's dad's birthday (5/3/10)

Satoshi told Hal in an email about vanity bitcoin addresses and showed him a SECOND one beginning with NS.

Jack sends bitcoin to 4 addresses after Hal, including one that has jD2m in the middle.

Jack lived at 2 Mint Plaza in San Francisco. Jack Dorsey 2 Mint (jD2m).

Satoshi tells Martti Malmi that he is really busy with work. Jack was busy launching his next startup, Square (now Block)

Satoshi tells people on the forum not to donate Bitcoins to Wikileaks on 12/5/10

Twitter is hit with a secret court order with a gag requirement to turn over everything it has about Wikileaks on 12/14/10

Satoshi stopped logging into the forum on 12/13/10 and never returned

Jack is made Executive Chairman of Twitter while remaining CEO of Square on 3/28/11 and he tweets that he is very busy with both

Satoshi sends his last email on 4/23/11

Twitter's tech lead suggests that Twitter might integrate bitcoin payments on 5/23/11

Jack Dorsey calls Bitcoin an Amazing Movement in September 2012 and said that Square would accept it if it became huge and accepted.

Jack's best friend Alyssa Milano writes a novel (Hacktivist) in the Summer of 2013 about Jack, in which she places him as living a double life behind a famous pseudonym

Square announces Bitcoin acceptance on 3/31/14.

Satoshi's gmx email is hacked on 9/8/14 and the hacker attempts to extort Satoshi by sharing that he knows about his connection to St. Louis, Missouri. Jack is from St. Louis.

Alyssa Milano writes a 2nd novel about Jack (Hacktivist). In this one, Jack's famous pseudonym is hijacked and his software developed in a way that was not intended. The hijacker has a logo that looks almost exactly like Gavin Andresen's Bitcoin Faucet logo. It was released in installments with the first one going out on 7/29/15.

Two weeks later on 8/15/15, Satoshi reappears on the bitcoin mailing list to address the bitcoin block size debates. People are shocked about Satoshi's return and some doubt it is really him but could not disprove it.

On 10/15/15, Jack is made permanent CEO of Twitter, officially making him CEO of two companies.

The last installment of Milano's novel about Jack is published, in which its ends by him returning as head to his social network.

Square publishes a children's book in January 2018 to explain the "Legend of Satoshi Nakamoto" in which it makes its Satoshi character look like Jack.

On 4/20/20 Lex Fridman asks Jack if he is Satoshi, to which Jack tells him that he wouldn't admit it to him if he was. This is in contrast to Nick Szabo, Adam Back, and Hal Finney all saying explicitly that they were not Satoshi.

On 5/25/20 - 145 very old bitcoin addresses signed a message stating that Craig Wright was not Satoshi and that he was a liar and a fraud. The oldest bitcoin address that signed the message started with 1jak (Jack's old pseudonym) and the oldest that signed it contained HiSQ in the middle. SQ is the ticker for his company Square.

In February of 2022 Jack starts wearing a Satoshi shirt, first on a Michael Saylor podcast and then at the Super Bowl.

On 10/27/23, Jack said at a conference that "Bitcoin and Satoshi in 2009 was a combination of my childhood and my curiosity and everything that I aspired to be and everything I loved."

Craig Wright's attorneys argue in early 2024 that if Craig Wright was not Satoshi "then the real Satoshi would have been expected to come forward to counter the claim." It did not dawn on them that the person countering the claim was Jack Dorsey, who was the basis for the COPA v Wright legal challenge to begin with. Jack Dorsey came forward to counter the claim.

On 7/21/24 Jack wrote on Nostr, "I frequently imagine Satoshi sitting back somewhere and laughing at it all."

On 8/28/24 Jack went on Nostr and thanked Hal Finney (now deceased) for his help.

Jack parades himself around in a Satoshi shirt.

----------
The belief that Satoshi never wanted to be found is something that other people invented about Satoshi. Satoshi chose pseudonymity, not anonymity, as Jack so pointed out in a podcast with Lex Fridman. The reason why Jack would do all of the above, while not directly admitting it, is because Satoshi and bitcoin are his art. And it's a masterpiece. @jack

[Satya Nadella @satyanadella]

A couple reflections on the quantum computing breakthrough we just announced...

Most of us grew up learning there are three main types of matter that matter: solid, liquid, and gas. Today, that changed.

After a nearly 20 year pursuit, we’ve created an entirely new state of matter, unlocked by a new class of materials, topoconductors, that enable a fundamental leap in computing.

It powers Majorana 1, the first quantum processing unit built on a topological core.

We believe this breakthrough will allow us to create a truly meaningful quantum computer not in decades, as some have predicted, but in years.

The qubits created with topoconductors are faster, more reliable, and smaller.

They are 1/100th of a millimeter, meaning we now have a clear path to a million-qubit processor.

Imagine a chip that can fit in the palm of your hand yet is capable of solving problems that even all the computers on Earth today combined could not!

Sometimes researchers have to work on things for decades to make progress possible.

It takes patience and persistence to have big impact in the world.

And I am glad we get the opportunity to do just that at Microsoft.

This is our focus: When productivity rises, economies grow faster, benefiting every sector and every corner of the globe.

It’s not about hyping tech; it’s about building technology that truly serves the world.

[Wall Street Apes @WallStreetApes]

Biggest story of the day: Senator Rand Paul is calling for an audit on Fort Knox to ensure the 4,580 tons US gold is still there

Here’s what you were NEVER TOLD about the gold at Fort Knox

America’s Wealth, The largest fortune in the history of the world, was stolen. The Fort Knox Gold Robbery:

An article was written connecting Rockefeller Family and The Federal Reserve

3 days later the source was thrown out of a window to her death

“So just how did the story of the Fort Knox gold robbery get out? It all started with an article in a New York periodical in 1974. The article charged that the Rockefeller family was manipulating the federal reserve to sell off Fort Knox Gold at bargain basement prices to anonymous European speculators. 3 days later, the anonymous source of the story, Louise Auchincloss Boyer, mysteriously fell to her death from the window of her 10th floor apartment in New York. How would missus Boyer have known of the Rockefeller connection to the Fort Knox Gold Heist?

She was the long time secretary of Nelson Rockefeller. For the next 14 years, this man, Ed Durell, a wealthy Ohio industrialist, devoted himself to a quest for the truth concerning the Fort Knox gold. He wrote thousands of letters to over 1,000 government and banking officials trying to find out how much gold was really left and where the rest of it had gone.

Edith Roosevelt, the granddaughter of president Teddy Roosevelt, questioned the actions of the government in a March 1975 edition of the New Hampshire Sunday news.

— Unfortunately, Ed Durell never did accomplish his primary goal, a full audit of the gold reserves in Fort Knox. It's incredible that the world's greatest treasure has had little accounting or auditing. This goal belonged to the American people, not the Federal Reserve and their foreign owners.

One thing is certain, the government could blow all of this speculation away in a few days with a well publicized audit under the searing lights of media cameras. It has chosen not to do so. One must conclude that they are afraid of the truth such an audit would reveal. What is the government so afraid of? Here's the answer:

When president Ronald Reagan took office in 1981, his conservative friends urged him to study the feasibility of returning to a gold standard as the only way to curb government spending. It sounded like a reasonable alternative, so President Reagan appointed a group of men called the Gold Commission to study the situation and report back to Congress. What Reagan's Gold Commission reported back to Congress in 1982 was the following shocking revelation concerning gold. The US Treasury owned no gold at all.

All the gold that was left in Fort Knox was now owned by the Federal Reserve, a group of private bankers, as collateral against the national debt.

The truth of the matter is that never before has so much money been stolen from the hands of the general public and put into the hands of a small group of private investors, the money changers”

[Mihir Vora @theMihirV]

While FPIs (portfolio investors) may be tactically allocating money to China, FDI to China has stopped almost completely.

[Prabhakar Kudva @prabhakarkudva]

Mid and small caps have the best returns across the cycle over longer term but with much higher volatility. If one measures the returns at the highs or after a correction both are obviously not sensible approaches.

If anyone can make you believe that you can only get the best of something by buying at the “right” time and somehow magically avoiding the worst by selling or avoiding it at the “right” time then either you are new to markets or you’re the patsy.

We’re spending time and energy in the markets in an attempt to make high returns and all the alpha mostly comes from the mid and small cap space. The price for this alpha is the high volatility.

If you like low volatility stick to the large cap, multi asset approach. Stick to it and know you’ll be happy with the lower volatility but also know that it comes at a cost of relatively lower returns.

If you’re looking for a higher return for whatever portion of your assets stick to mid and small caps but for God’s sake stick to it.

The money is in the sticking and not in timing. Timing is only theoretical and mostly in hindsight as anyone who has spent some time in market can tell you. Sticking is the magic sauce whether in markets or in life.

TLDR; Stick to one approach, take the bad of it and you will be rewarded by the good. There is no free lunch.

[The Kobeissi Letter @KobeissiLetter]

WOW. This would be historic:

Both Elon Musk and Coinbase's CEO have now proposed putting ALL US spending on blockchain.

This means $6.9 TRILLION of US spending PER YEAR would be placed on a decentralized ledger.

What does this mean? Let us explain.

(a thread)

[Neil Borate @ActusDei]

Sebi goes after the 'she-wolf' of the stock market.

A recent Sebi order against an influencer, Asmita Patel with 500k Youtube followers reveals much. Patel and related parties made 104 crore over 4 years from stock market courses. Despite claims of expertise, they seem to have made just 12 lakh in actual trading profit.

Per the order, these entities also offered recommendations on telegram channels without RA/RIA registration. The money was disguised as course fees. Sebi has impounded 53 crores and asked them to explain the rest.

The noticees also took some money in non-official accounts, seemingly to avoid GST. Then said an employee was siphoning this money. But filed no complaint against the employee.

She was also an AP of an unnamed broker and asked people to open accounts with that broker.

Yet another chapter in India's colourful #finfluencer tales.

To those who will point to favourable media articles, yes it makes my heart sink. All I can say is I will do my very best to avoid such coverage on my page.

You can read the full Sebi order here: https://t.co/Usm9r5YtAG

[Simply Chart @Simplychart]

2. Whenever the price ratio > 12 moving avg, Gold is outperforming and while price ratio < 12 moving avg, stock is outperforming...Signal is very strong and it can be used for switching the asset or asset allocation...

[Dr. Mukul Agrawal @themukulagrawal]

Aap konse investor ho? Seat par baithne wale ya train ke upar wale? 😅

Vijay Kedia ji ne kittne acche se stock market ke investors ko explain kiya hai. @VijayKedia1

🧿Open demat account- https://t.co/WsvFdxEtdq

#vijaykedia #investor #stockmarket

[The Kobeissi Letter @KobeissiLetter]

The decline is accelerating:

Nasdaq 100 futures are now down -330 POINTS since the market opened just hours ago as DeepSeek takes #1 on the App Store.

This is how you know DeepSeek has become a major threat to US large cap tech.

The stock market does not lie.

(a thread)

[Aarati Krishnan @AaratiKrishnan]

To decode how Indian households are consuming, the NSO periodically does the Household Consumption Expenditure Survey (HCES). It recently did two surveys after a long gap from 2011-12. It visited 2.6 lakh households pan India for its 2023-24 survey, results of which were out on Dec 27. It throws up many trends that show the exact opposite of what analysts are saying about consumption. Read the full article here...main points in thread....

Consumption puzzle decoded https://t.co/ej3mSuKjfO