Ledger is investigating reports of loss of funds from users in South East Asia who purchased products from a reseller named CryptoBillis. As a precaution, and pending the results of our investigation, we have asked CryptoBilis to pause all sales and shipments of Ledger devices. We recommend Ledger users who purchased from this reseller in the last 90 days to not initiate set up if you have not done so yet. If you have set up your Ledger device, consider moving assets to a new Ledger signer (with new seed). We will continue to inform customers of updates as the investigation progresses. Reach out to Ledger customer support through official channels with any questions: support.ledger.com/

Office should be a cold 68F environment with extreme silence, occassional equipment noise. "Co-working" places are like a fake office where leisure and fucking around is central to its mission. Doesn't seem like a place where deep work can happen, where excellence has a chance.

Announcing Personal Computer. Personal Computer is an always on, local merge with Perplexity Computer that works for you 24/7. It's personal, secure, and works across your files, apps, and sessions through a continuously running Mac mini.

Claude buying Bun. It hit me today: the AI era is compressing the entire developer-tooling stack into the hands of a few players way faster than anyone expected. For a decade, dev tools felt like the last truly decentralized frontier - open-source, scattered, community-led. Even big moments like Microsoft taking GitHub or the npm acquisition barely shifted the day-to-day reality for most developers. But suddenly? Runtimes, package registries, auth layers - the tiny pieces that make up the developer workflow - are being absorbed one after another. If you track concentration (CR5), the curve tells the whole story: Pre-2018: fragmented, CR5 < 35%. 2018–2021: consolidation starts, ~40%. 2022–2025: jumps to ~50% as AI/cloud giants go on a buying spree. Look at China to see where this could end up: middleware is ~70% controlled by the top five; AI-agent platforms sit around 88%. That’s how you end up with a world where SaaS struggles to exist at all - there’s simply no room left, extreme concentration kills the oxygen for small players. GenAI is the accelerant. When AI rewires the entire software-creation flow, owning the toolchain becomes a strategic moat. Hard to stop, even with open-source foundations and regulation. Feels a bit like we’re inching toward the “mega-tech consortiums” sci-fi writers imagined. Power law wins again. What should we do? Face the challenge and fear - position ourselves. Get financial freedom asap, then, if we still want to build in this arena, choose a niche where we can actually survive the gravity of the giants.