Silicon Valley takes the side of the military industry
🗣 The New York Times article discusses the shift in Silicon Valley, where companies like Google, Meta and OpenAI began to actively cooperate with the US military. Previously refusing to develop weapons, they are now working on new technologies: Meta creates virtual points for training, OpenAI — means against drones. This is due to the political climate and competition with China for leadership.
Billionaire Michael Saylor Says This Bitcoin-Backed Investment Could Replace Your Retirement Plan
Michael Saylor positions Bitcoin-backed securities as retirement alternative offering 9.5% yields versus 0.1-4% bank rates as MicroStrategy launches STRC preferred stock.
Billionaire Strategy Executive Chairman Michael Saylor has positioned his company’s Bitcoin-backed securities as a compelling alternative to conventional bank savings for retirement planning, presenting yields of 9.5% versus traditional savings rates ranging from 0.1% to 4%.
During MicroStrategy’s second-quarter earnings call on July 31, Saylor highlighted the firm’s newest preferred stock offering, STRC, as especially appealing to conservative investors seeking returns on their income.
According to a Blackrock insider (and a former manager of one of his funds), today's governments continue to support the system on artificial life support. But at the same time, they are preparing a complete reboot of the banking, financial and currency systems, in order to eventually fully transition to the new digital world.
Ilya Sutzkever, a former employee and co-founder of OpenAI, warns that an artificial superintelligence smarter than all humans put together may emerge within 6 years.
The documents of the US Federal Reserve actually contain all the legal grounds for the official revaluation of gold to $20,000 per ounce. Could they do the same with Bitcoin?
US Spot Bitcoin ETFs See Two Consecutive $1B+ Inflow Days for First Time
Only Seven Days of $1 Billion+ Inflows Recorded Since ETF Launch Nate Geraci, president of NovaDius Wealth Management, noted in an X post that since the launch of these ETFs, there have been only seven days with inflows exceeding $1 billion.
Notably, two of those occurred in the last two days. The previous high was $1.07 billion on January 17, 2024.
second-largest daily figure since inception, surpassed only by the $1.37 billion inflow on November 7, 2024, the day of Donald Trump’s US presidential election victory.
Matt Hougan, Bitwise Invest’s chief investment officer, highlighted that while the Bitcoin network produced roughly 450 BTC on Thursday, spot Bitcoin ETFs bought about 10,000 BTC.
Similarly, blockchain analytics firm Jan3 noted that on Wednesday, Bitcoin ETF demand was 22 times greater than the daily mined supply.
However, Jan3 CEO Samson Mow cautioned that such demand is unlikely to be sustainable at current price levels.
Big Beautiful Bill can start a financial domino effect that has already been repeated in history. The scenario of France in the 1790s, Germany in the 1920s, and America during the time of the continental dollar is repeating itself.
⚡️NEWS: US senators proposed a simply unthinkable plan that, in their opinion, would solve all existing problems: national debt, spending, budget deficit. But the most interesting thing is that he will release 3.3 trillion dollars of free money for investment.
When you read the news about the US strategic altcoin reserve and the Bitcoin reserve, remember, the politicians are not doing it for you. They are pursuing their own interests, and they clearly do not include your enrichment. Look at it through such a prism.
Crypto Banter channel, 1.16 million subscribers, spoke about trading bots for predicted markets. #PCULE is on the list. Ran also believes that such projects are the best beta bets on the success of the predicted markets.