https://xitter.cf/t.co/vYu7T6SiXO https://xitter.cf/t.co/KL8jAIlktv https://xitter.cf/t.co/JP5mnIuupl

Terran System
Joined March 2008
To reiterate - because I have a feeling it may come up down the road - it's not bitcoiners' fault that governments over-spent and killed their currencies.
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Gen X is the last stand between America and communism.
Gen X: the smartest generation
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How has global poverty changed in our lifetimes? No matter what poverty line you choose, the share below it has declined globally.
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this is gold's quantum FUD but it's way worse because you can't software update gold.
Last month, we demonstrated high-rate alchemy: turning mercury into real, stable gold, beating CERN’s record by a factor of 10. Last week, we enriched isotopes in the world’s most powerful plasma centrifuge, beating the Soviet record that stood for 40 years. Now, we’re building a fusion reactor in San Francisco to achieve record power density.
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Dan retweeted
I’m very thankful for the foresight of the industry in developing certificate transparency. You don’t have to panic over “have I been MITM’d” the next few days, or from the last few years, thanks to this making attacks detectable
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Dan retweeted
I could keep calling myself an ancap since, philosophically, I align with the ideals. Reality doesn't give a shit about philosophy. That's the harsh truth. Most issues are essentially a trolley problem. You can claim the so-called "moral high ground" by not participating. Call yourself a better human because you didn't side with the lesser of two evils. But understand that the world is filled with people who don't share your morals, aren't interested in making the world a better place, and want to take control of the power structure. They will use it against everyone who stands in their way. These people will blame you for their shortcomings, steal from you, and even murder you and your family if they get the opportunity. Philosophy: The state shouldn't exist. Reality: The power structure exists. It has existed for all of human kind. It is not going away. Someone will take control of it. What are you going to do about it?
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Dan retweeted
I don't know what to say on the valuation of frontier models or bottleneck trades, but a productivity boom from AI is absolutely happening its just a matter of how setup the business is for it and how skilled the users are which is likely causing a dispersion in teh data. Internally at @Blockworks we've hit a genuinely absurd acceleration in productivity in recent months, it's insane. We live in the future. Anyone saying otherwise I'm just going to attribute it to a skill issue.
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Absolutely incredible… Elon once again showing the Billionaire class how it’s done. Bypassing the state completely, the fraud, the waste of tax dollars, the NGOs, and giving capital directly to American children. They will directly own a piece of American exceptionalism.
Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many.
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unfathomable damage done to America. You could have abundant, cheap, emission-free electricity flowing to your home right now if it weren't for these people.
Ralph Nader, 1997: “When we came out against nuclear power in the early '70s, the government had predicted that there would be 1,000 nuclear plants by the year 2000 in the United States, and there's 109 and shrinking, as more and more get shut down.” pbs.org/wgbh/pages/frontline…
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Any transfer of wealth that bypasses government is a good thing. No ability for them to leverage it up as debt, spend it on nonsense or channel it off to their mates. More billionaires will be happy to transfer their wealth if it goes straight to the kids.
Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many.
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France has the highest social spending of any country in the world
A nice old building burns, and so the pearl-clutching begins. Where were these pearl clutchers when austerity was wrecking a generation? Why does one town hall grab their attention but millions of schools, hospitals, and homes dilapidated by neoliberalism are of no importance?
Readers added context they thought people might want to know
France's level of public social spending was third highest in the world at 30.6% of GDP in 2024. Excluding the pandemic, it is slightly down from its 31.9% high in 2014. Total public spending is 57.2%, second highest among large countries not at war and near all-time highs. ourworldindata.org/grapher/social… ourworldindata.org/grapher/histor…
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Ark Invest: "Tesla has scaled to seven cities across three states, and has completed more than 1 million unsupervised driverless miles in ~7 months, ~4x faster than Waymo’s first million. Tesla expects the ramp to accelerate with FSD V15 late this year. Tesla has framed FSD V15 as the gating factor for scaling its robotaxi service."
ARK Invest has just released their new Tesla valuation model, projecting @Tesla could reach a $17.5 trillion valuation by 2031, and upwards of $20.4 trillion in a bull case. ARK's 2031 Tesla base case: $4,400/share • ~1M Optimus robots sold externally, generating ~$212B in revenue • Robotaxi is ~80% of Tesla's enterprise value (down from ~90% in ARK's 2029 model) • ~8.1M robotaxis deployed, with ~$753B in ride-hail revenue • Total revenue of ~$1.45T and EBITDA of ~$902B • Market cap of ~$17.5T • Tesla's AI infrastructure spend grows from ~$7B to $225B cumulatively ARK's 2031 Tesla bull case: $5,000/share • EV revenue (excluding credits): $355B • Robotaxis: 10M vehicles and $899B in ride-hail revenue • Energy storage: 2,693 GWh deployed and $193B in revenue • Optimus: 1.2M robots sold externally and $254B in revenue • Total revenue: $1.62T • EBITDA: $1.045T, a 65% margin, with a 72% gross margin • Market cap: $20.4T ARK's model does not assume SpaceX and Tesla merge, but they estimate combined SpaceX and Tesla could generate $3.8T in revenue by 2031, with SpaceX contributing ~62%.
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Aline started working at age 12. Over the next three decades she built La Barrique, a restaurant in Paris’s 10th arrondissement, from scratch. She cooked, served, and became part of the neighborhood. On October 17, rioters broke in, destroyed the place, punched her in the face, and set the building on fire. By morning her restaurant was ashes. 34 years of work, vaporized in a single night. Obviously, Aline is an immigrant, one who went to work every day, contributed to the economy and served her community. One of liberalism's fatal flaws is the fear of drawing distinctions. Distinctions between men and women. Distinctions between cultures. Distinctions between countries. Because apparently noticing any differences means that you are violating your commitment to equality; it means that you are discriminating, and in the hierarchy of evils in the liberal world, there is no worse sin. This is literally baked in to the French national motto: Liberté, Égalité, Fraternité Égalité means equality, specifically social or political equality. Which means that drawing any distinctions is the same as discrimination. But this is completely untethered from reality because these distinctions are REAL. And if you craft and enact policies that ignore these distinctions, the chickens (ok since this is France, the Gallic rooster) will come home to roost.
🇫🇷 Owner of La Barrique, Aline, was beaten and disfigured. Her restaurant was completely burned down. She has lost everything...
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Someone who looks at this and thinks “Burn it” Doesn’t belong in Western civilisation.
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If you live in one of the gray states, your governor has blocked scholarships from the new Trump federal scholarship program from being given to kids in your state. And I would recommend upgrading to a better governor.
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Researchers gave 2,000 unemployed people €560/month for two years and tracked them to see how they differed from otherwise eligible nonrecipients. They didn't do any more or less crime. Nothing changed.
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When winter closed in on the Ozark hills in 1931, the Walker family no longer had a home above ground. Like countless families during the Great Depression, they had watched the bank reclaim nearly everything they owned after the economy collapsed across rural Arkansas. Samuel Walker, a forty-two-year-old stone mason, suddenly found himself responsible for keeping his wife and five children alive with almost no money as freezing weather approached the mountains. Then he remembered something hidden beneath a nearby hillside: an old limestone shelter tucked deep into the earth on land that had once belonged to him. The cave was small, rough, and cold by most standards, but it remained dry and naturally held a steady temperature throughout the year. Samuel approached the new landowner with an unusual offer. If the family could stay there through the winter, he would build a retaining wall from stone in exchange. The deal was accepted. Within days, the Walkers moved underground. The cave became their world. Quilts hung across the entrance as makeshift doors while packed dirt covered the floor beneath their beds. During daylight hours, Samuel disappeared into the forests gathering timber and cutting stone from the hillsides. At night, beneath the glow of lantern light, he worked endlessly shaping rock by hand inside the shelter. First came the retaining wall promised to the landowner. Then he carved shelves directly into the stone and built a fireplace to help warm the underground space. When winter passed, the family still could not afford a proper house, so they remained beneath the hillside through another cold season. Samuel slowly expanded the cave itself while continuing to gather materials one piece at a time for the home he dreamed of building above ground. By the winter of 1933, he finally began laying stone for a small house on the hillside, placing each block carefully after long days of labor. Every wall rising above ground had first been shaped in the darkness below it. Then, in the spring of 1934, after three winters spent living beneath the earth, the stone house was finally complete. The family moved inside in May, carrying what little they owned out of the cave that had kept them alive during the hardest years of the Depression. Yet that first night inside the new home brought an unexpected moment none of them anticipated. The youngest child, now seven years old, reportedly struggled to sleep because the house felt too large and too quiet after years spent surrounded by close stone walls beneath the hill. Samuel never abandoned the cave afterward, later using it to store vegetables and supplies through the seasons. Decades later, one of his grandsons discovered Samuel’s old journal containing a final sentence that survived long after the family itself had changed: “The house stands finished. The cave carried us through.” And nearly a century later, the story still leaves behind one haunting question: how many families survived impossible hardships only because they learned to find shelter in places others would never think to look?
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These should go into Trump accounts. There is no greater good this fund can do than give each child a stake in America's wealth and progress.
We’re committing a portion of Anthropic’s shares to the Anthropic Public Benefit Fund, a new wholly owned entity dedicated entirely to the public benefit. It will start off with 5% of our shares. For every 50% increase in the company’s value over a set baseline, we can contribute up to an extra 2%, subject to our board’s discretion. In total, this means that roughly 20% of Anthropic’s shares are committed to the public good. Our co-founders have already pledged to donate 80% of their equity, and around half our employees are donating a portion of their equity as part of a donation matching program we’ve run since our founding. In the post below, we share more details about our new fund. anthropic.com/news/public-be…
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What we know: 1. She's a member of the French left-wing party and an activist, one of the biggest advocates for opening up migration to North African peoples. 2. She owns a small chic boutique in an upscale spot, she stood in her shop trying to save it from looting and theft telling them that she's a famous activist. 3. She told them I'm so-and-so, the activist for asylum, I'm with you, I've defended you and your entry and stay in France, they spat on her, knocked her down, and trampled her with their feet, good thing she's still alive. 4. And they looted the whole shop, losing all the struggle and work of her lifetime in a moment. Standing there stunned, not believing that these thieving, rabble-rousing, criminal, barbaric hordes are the ones she's spent her whole life defending, and advocating for them to invade her country and destroy it
Readers added context they thought people might want to know
La mujer de la fotografía es una manifestante que intenta impedir el saqueo del establecimiento. Ella no es la propietaria. Es un supermercado de la cadena Franpix. En el vídeo completo de puede ver. instagram.com/reel/DenbGUyid…
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Capitalism lets people who can’t stand each other make each other richer. Your revolution can’t survive a disagreement in the group chat.
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If you want to listen to other people's opinions on assets, best to listen to long-term oriented investors, and ignore traders. Your interests can easily be aligned with a long term investor's, whereas who knows what game traders are playing on social media.
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