.@LloydWahed had to sit through an hour of me talking, so now you have to as well. ✅

'AI is a centralising force. Crypto is a decentralising one. The two have to coexist.' 'The Intersection: AI, Crypto & The Institutional Moment' Four operators on where this actually goes: 👉 @brevsin (@tribecap) on why blockchain becomes the ownership layer for the AI economy 👉 @perkinscr97 (@FTDA_US) on why institutions now have more risk if they're NOT in the space 👉 @syrupsid (@maplefinance) on the innovator's dilemma flipping in reverse 👉 @x10xalex (@RaylsLabs) on what banks actually need from a blockchain Searching for Mana - Season 8, rolls on... Full episode out now 🔽

RE TGE is coming soon. A new era for the internet native insurance capital market begins. More details here: blog.re.xyz/re-governance-to…

Smuggled out of Russia has a nice ring to it. 🤫

The amount of people who think everything is "staged" is truly insane… Yes. Trump convinced a 31-year-old Kamala donor to charge the Secret Service with multiple firearms and go to prison for life so he could… still be unpopular and build a ballroom that’s already being built.

If you are a business owner in NYC, and you are *still* moving fwd on hiring or building or investing in NYC... well, you can't act surprised about additional taxes and penalties. Say what you want about the mayor, he is (gleefully) transparent about what he wants to do.

Marcus Hutchins, the guy famous for stopping the WannaCry Ransomware, probably has the best take on Mythos doing vulnerability research

Great panel lined up for Sunday at the 2026 MIT Bitcoin Expo, taking a look at funding in crypto. Boris Revsin @brevsin of Tribe Capital @tribecap Haley Huang @Hui_Huangg of YZi Labs @yzilabs Mario Mena of Digital Currency Group @DCGco "The State of Crypto VC" 🎟️Grab your seats now 🎟️

You have no experience. You’ve never started a company. You’ve never had a full time job. Nike is going to kill you. You’re a kid. You don’t have technical skills. You shouldn’t build hardware. Apple is going to kill you. You can’t build hardware. You can’t measure heart rate non-invasively. Athletes don’t care about recovery. Under Armour is going to kill you. It won’t be accurate. You don’t listen. You’re an ineffective leader. You can’t recruit great talent. You’re going to have to pay every athlete. You can’t measure sleep non-invasively. It’s too expensive to research. Athletes are a small market. The product costs too much to make. The product costs too much to sell. Your valuation is too high. Consumers aren’t going to want it. Hardware is too hard. You should measure steps. Fitbit is going to kill you. You can’t build a marketing engine. You can’t raise enough money. You need a real CEO. Google is going to kill you. You can’t be a subscription. You can’t build a brand. You can’t do consumer in Boston. Your valuation is too high. You shouldn’t make accessories. You shouldn’t make apparel. Lululemon is going to kill you. You can’t predict Covid. Stay in your niche. You are going to run out of money. You can’t build a health platform. Amazon is going to kill you. You can’t measure blood pressure. You can’t get medical approvals. The market is too small. You don’t understand AI. The market is too competitive. It won’t work internationally. The supply chain is too complicated. You can’t build an AI. You can’t raise enough money. It’s too competitive. Healthcare isn’t going to want it. … Just keep going ✌️

Do you ever feel like markets aren’t all that perfect?

🎉 Edition 47 of my newsletter, The Funding, is live! Many thanks to @HadickM, @rhadiARK, @tklocanas, @richwgalvin, @MikeBucella, @AllBusinessPump, @ani_pai, @LexSokolin, @MathijsM11 and @brevsin for the insights — and to @tiago4maral for the data bit! 🙌

Fully collateralized. Direct Fed access. No bailout strategy. Probably doing banking wrong. youtube.com/watch?v=o2n9maL2…

Exclusive: Kraken has won access to the Fed's core payment systems, making it the first crypto firm to be able to move money on the same rails used by banks and credit unions on.wsj.com/4u8Pc4M

$GRASS is up 38.8% today after ranking in the top 3 DePIN projects by revenue at ~$33M.

I understand individuals who would rather not have any industrial project in their backyard. We all choose where to live, whether it’s urban, suburban, agrarian, or industrial. I do not understand the impulse to prevent our country from advancing technologically—except as civilizational suicide. This instinct seems to infect the far left across lots of domains: immigration, crime fighting, and the national debt to name a few. You can tell they’re just sort of yearning to submit our society to outside forces: mobs, international councils, or communist China. Maybe they’re exhausted and just want a few years of taxpayer-funded rest before they shuffle off. I don’t want to go gently. I love this country, and want her to rise. That’s why Mississippi has become the home of the world’s most impressive supercomputers. We are committed to America and American power. We know that being the hub of the world’s most awesome technology will inevitably bring prosperity and authority to our state. There is nobody better than Mississippians to wield it. I am tempted to sit back and let other states fritter away the generational chance to build. To laugh at their short-sightedness. But the best path for all of us would be to see America dominate, because our foes are not like us. They don’t believe in order, except brutal order under their heels. They don’t believe in prosperity, except for that gained through fraud and plunder. They don’t think or act in a way I can respect as an American. So, let’s see Americans (and Mississippians) dominate this space—no matter how many leftists want us to roll over and die instead.

❤️