all podcasts should just be rapid fire-rounds. Here's what I'm focused on with bitcoin, alt-coins, onchain asset management, tokenization, and privacy

Don't overthink it - just keep stacking sats

Satoshi did not use NIST. The NIST (est 1997) finding is interesting cryptographic history and settles an open question. Of course AI did it in 30min when our meat brains could not in 30 years. For Bitcoin, it is not relevant. Keep moving

👍🏼 perfect

Glad to see the @USOCC bringing transparency out. Hopefully steps will be taken to prevent weaponizing our banking system with the next administration.

Chamath thinks AI could completely change how we value software companies. @chamath believes we're reaching a point where the intellectual property behind traditional software could become practically worthless and his reasoning makes sense. Recently, a developer reportedly used AI to recreate alternatives to several of $ADBE popular products and released the software as open source. These are products that took years, billions of dollars, and thousands of engineers to develop. Now we're seeing individual developers use AI to build competing alternatives at a fraction of the cost.Of course, recreating an application doesn't necessarily mean it can match the original in quality, reliability, or features but I think the bigger implication is what happens to the software industry if AI continues improving at this pace. For decades, software companies have been able to charge premium subscription prices because building competing products was expensive, complicated, and required large engineering teams but what happens when AI agents can build similar applications in days or weeks instead of years? Suddenly, charging businesses hundreds or thousands of dollars for software becomes much harder to justify when they can potentially build customized alternatives themselves. Chamath also talks about something called headless software, which basically means AI agents can interact directly with applications without requiring humans to navigate their interfaces.Technologies like MCP make it easier for agents to connect to different software tools, access information, and complete tasks automatically. Think about $CRM. Instead of employees spending hours navigating dashboards, updating customer records, and generating reports, AI agents could eventually handle much of that work automatically. And if businesses can accomplish the same tasks with cheaper software and fewer paid licenses, that creates a HUGE problem for the traditional software subscription model. Now, I don't necessarily agree with Chamath that software IP has suddenly become worthless. companies still have proprietary data, customer relationships, security requirements, and deeply integrated systems that aren't easy to replace but I do think AI could put enormous pressure on software pricing, especially for companies selling products that can be easily replicated. But, if millions of businesses eventually start building their own applications and deploying AI agents to perform tasks that previously required humans, the amount of computing power required could increase significantly. Every AI agent still needs inference compute to operate, and that means more demand for GPUs, memory, networking equipment, data centers, and electricity. So while AI could potentially disrupt parts of the traditional software industry, it could also accelerate spending on the infrastructure powering these applications. And this is exactly why I continue to remain bullish on the broader AI infrastructure buildout over the next several years.bBullish on the AI infrastructure side of this shift. If you want to see how I’m investing around the companies powering this next wave of software and agents, check out my full Milk Road Pro portfolio below. link.milkroad.com/d8cj6v

How do I long investments with in-person human experiences… Digital experiences are not going to know if the person/thing we’re talking to is real unless we see the whites of their eyes.

👀 The future is tokens

This feels a little too close to Dario/Altman level fear mongering for AI given the stakes. Agents won’t cause the bank run. The banks will. Commercial real estate selling off 20% will. Regionals hold over $2tr of Commercial and MiltiFam real estate loans. Over 1,100 banks are in “stress zone” already bc of CRE. Long duration debt will too. Remember 2022-23? Regional banks are still sitting on hundreds of billions in losses due to buying duration <10yr and rates continue to rise. They need lower rates to climb out of both holes. Last month it was cryptos fault. Now it’s AIs turn. (Here come the bank lobbies)

Daily dividends - first @Strive now @Strategy .. soon all S&P500 Imagine if millions of retirees who depend on dividends to live didn’t have to wait months or quarters to receive them.

Remember. Bitcoin rallied after the SEC called @Grayscale ETF filing “Arbitrary and Capricious” in 2023. A year later BTC was up ~100%. Clarity Act getting blocked was our 2026 “Arbitrary and Capricious” moment … again delivered by the Democratic Party. Regardless the market sees signal and is usually right.

Keep watching this. Higher

Excited to join @BTCtreasuries next week in NY to talk about the opportunities for Digital Asset Treasuries, and Bitcoin Yield.

Robotics didn’t have internet scalable human data - so @Figure_robot built it Great work

Watch history

Clarity Act is ready. Ethics provisions agreed. That was the last hill. Time to pass this and let’s build

Like caveman writing on the walls. Evolution happens slowly then goes exponential. Super cool visualization of the Hugging Face Open AI swarm. Agents waking up.

Today, we’re partnering with Nscale to deploy up to 100,000 GPUs on the NVIDIA Vera Rubin Platform We're committing $3.5 billion initially, with plans to scale beyond $6 billion Bringing a robot into every home demands compute at an unprecedented scale

JUST IN: U.S. House passes a resolution formally condemning & denouncing socialism "in all its forms” by a 220-192 vote.