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CHAMATH SAYS BITCOIN WILL EVENTUALLY BE HACKED AND GO TO ZERO Speaking on the Moonshots podcast, billionaire investor Chamath Palihapitiya warned that advances in AI could eventually break Bitcoin’s cryptography. He argues that the community is too divided to coordinate a transition to quantum-resistant security. “I just think it’s capped, and then I think eventually it gets hacked, and then it goes to zero.”

Craziest thing I've seen in a while: • Someone buys $4M worth of BONK • Then posts a DAO proposal asking to transfer $20M in BONK to themselves • Waits 7 days without anyone noticing • Then votes "yes" with their own BONK holdings, and the proposal passes • $20M is transferred to them And now the Bonk team has suddenly realized they lost $20M. This wasn't even a hack. The proposal passed because no $BONK holders checked the governance forum. Insane to see the current state of DAOs.

The Best a16z Fund Ever was $1BN: Large Funds Does Not Mean Lower Performance: @DavidGeorge83 "Our best performing fund ever was a $1BN Fund. In that fund: Databricks returned 7x the fund. Coinbase returned 5x the fund. We also have Github, Digital Ocean and Lyft in that fund. So  the idea that large funds can't have great returns, it's just not true". When you look at your best performing fund @honam @infoarbitrage @chadbyers @Alfred_Lin what are the takeaways or lessons?

16 years ago today you could buy 1,309 BTC for $1. This is the first recorded dollar valuation of Bitcoin, calculated by electricity cost to mine Bitcoin at the time. The people crazy enough to think they can change the world are the ones who do.

i vibe coded a little game called Coldplay Canoodlers you're the camera operator and you have to find the CEO and HR lady canoodling 10 points every time you find them 👇link

If gold is the past and Bitcoin is the future, why are foreign central banks that are preparing for a future where the U.S. dollar is no longer the reserve currency, replacing their dollar reserves with gold and not Bitcoin?

AGI (A Guy from India) will take over your job.

Anti-immigration types like to talk about how "they" built America because they are white. A maladjusted loser who sits in his basement all day scratching himself gets to feel superior to a tech CEO. I'm reminded of Ayn Rand's essay on racism The overwhelming majority of racists are men who have earned no sense of personal identity, who can claim no individual achievement or distinction, and who seek the illusion of a “tribal self-esteem” by alleging the inferiority of some other tribe. Observe the hysterical intensity of the Southern racists; observe also that racism is much more prevalent among the poor white trash than among their intellectual betters. Also, racists don't only hurt members of other races. They always want to restrict the freedom of members of their own group. When men began to be indoctrinated once more with the notion that the individual possesses no rights, that supremacy, moral authority and unlimited power belong to the group, and that a man has no significance outside his group—the inevitable consequence was that men began to gravitate toward some group or another, in self-protection, in bewilderment and in subconscious terror. The simplest collective to join, the easiest one to identify—particularly for people of limited intelligence—the least demanding form of “belonging” and of “togetherness” is: race. You can see the inherent relationship between racism and collectivism in the way that anti-immigration types talk about jobs. It's something that society gives you on account of your identity, not something people give to you because you earn it on account of your identity. They won't stop by excluding Indians.

Let’s give Optimus a hand for catching ball!

My calendar this week