1/ Multicoin has built a significant position in $ZEC since February. Zcash is a return to the cypherpunk ideals crypto was founded on.

It's been about a year ago since I launched a site called 🇵🇹 Only In Portugal to journal the crazy issues we've experienced as foreigners moving to Portugal with both governments agencies and businesses here, most of them quite Kafka-esque in nature Of course everyone's reaction is "why don't you leave?" But it is one of the most beautiful countries in the world, which has incredible potential And it's nicer to fix things, and while complaining about things doesn't make you popular (I've received many death threats), it is oddly effective if you do it in the public sphere: Collectively complaining about things, as we've seen with Google (they stopped self-sabotaging and are now the leader in AI), the European Union (they are passing laws based on @euacc points), and even Apple (Tim Cook finally quit), does fix things, eventually! So I'm trying the same with Portugal I feel AI governance has a lot of potential, AI can be quite a neutral party that can look at issues and find solutions in a very pragmatic and non-partisan way So I've asked AI to analyze over 300 issues, stories and experiences submitted to my site in the last 12 months, and write an deep analysis report how to fix Portugal in the next 5 years: every argument it makes is based on real experiences from real people , so no AI hallucinations AI believes all issues here are based on 5 core problems: - The Portuguese government is too expensive and too slow to interact with - There aren't enough skilled workers and no incentive to become one - There is zero accountability anywhere in the system - Technology adoption is 15–20 years behind - The tax system punishes productive people and rewards evasion (P.S. of course many of Portugal's issues are a microcosm of Europe's macro issues) AI then created a 5-Year Action Plan to solve it: YEAR 1 — Shock Therapy 1.1 Flatten the Tax System 1.2 Nuke the Immigration Agency, Build a Digital Replacement 1.3 Gut the Public Sector Bureaucracy 1.4 The Accountability Law YEAR 2 — Infrastructure Blitz 2.1 Lisbon Airport 2.2 Digital Infrastructure 2.3 Healthcare Triage YEAR 3 — Culture Shift 3.1 Skilled Trades Academy 3.2 Animal Welfare & Noise Enforcement 3.3 Court Reform YEAR 4 — Economic Acceleration 4.1 Housing 4.2 Transport 4.3 Consumer Protection YEAR 5 — Consolidation 5.1 Measure Everything 5.2 Cultural Campaigns 5.3 The Exit Metric Of course the next challenge is how do you get this to politicians, but we did this with @euacc before, so we can surely do it in Portugal too! You can read the full action plan in the reply below!

And it begins Sullivan & Cromwell just admitted to a federal judge its court filings contained AI hallucinations The firm apologized to the federal judge as they had to submit multiple corrections focused around: • Fictitious Case Names: The filing included names of legal cases that do not exist • Fabricated Quotes: The document contained direct quotes that were never actually spoken or written • Non-existent Statutes: The AI incorrectly analyzed or entirely invented provisions within the U.S. Bankruptcy Code The primary team and secondary review all failed to catch these errors, meanwhile the firm's partners bill $2,000 per hour

How is this different than gas chambers? x.com/PushDemsLeft/status/20…

This could be the offramp the world needs. You can think of it as the best outcome for everyone, under the circumstances. (1) From MAGA’s perspective, if Trump declares victory here and moves on, the US won’t waste yet more blood and treasure in the Middle East. It won’t invade Iran. It also won’t take all the blame for the ongoing global supply chain crisis. It just pulls out and lets everyone work out the regional security equation for themselves. Trump can say he’s fulfilled both his campaign promises: stop Iran from getting a nuke, but also no endless Middle Eastern wars. (2) From Israel’s perspective, Iran has now been shown to be quite hostile to its neighbors, and its military has been substantially degraded. Stopping now is good. Otherwise there’s a danger of overreacting to Oct 7 as Americans overreacted to Sept 11. Israel can stand back and call it a win, because after a US pullout, Iran will have much less excuse for holding the Strait hostage. (3) From the Iranian diaspora’s perspective, it’s unfortunately clear that the current war isn’t going to result in liberalization. Further attacks would push Iran further into fundamentalism, making it even harder to eventually do a liberal reformation. (4) From the long-suffering Iranian people’s perspective, ending the war now would also save countless lives. Otherwise they’ll get hit by friendly fire and drafted by the regime to fight for fundamentalism. (5) Finally, from the world’s perspective, once the US declares victory and goes home, substantial diplomatic pressure will be applied to Iran to simply open the Strait of Hormuz and allow ships through. Iran’s leadership has shown, perhaps surprisingly, that they care about global public opinion…and they would be on the hook for the suffering of billions of people if the Strait remains blocked. TLDR: if Trump declares victory and leaves, Iran no longer has any excuse for blocking the Strait and holding the global economy hostage. Let the matter be worked out diplomatically with pressure from all the 100 affected countries on Iran. America shouldn’t have to spend a single cent more, or send a single soldier more, to the Middle East.

BREAKING: THREE PEOPLE WHO SURVIVED A DRONE STRIKE IN DUBAI WERE ARRESTED AFTER THEY SENT PHOTOS OF THE AFTERMATH TO THEIR LOVED ONES The group were inside their Creek Harbour apartments when a drone struck on Wednesday evening. They survived, and took photos which they sent to family to let them know they were safe. But according to campaign group Detained in Dubai, the survivors were later arrested after police turned up and demanded to see their phones. Detained in Dubai’s Radha Stirling posted online: “Three traumatised survivors of an Iran drone strike were arrested after privately sharing a photo with loved ones confirming they were alive following an explosion on their apartment floor. “Instead of receiving victim support, they were locked up by Dubai police.” “They are asking people to search their phones in the streets,” she added. “Dubai police need to roll back their hypersensitive reaction. These arrests are arguably more damaging than the footage of explosions you seek to censor.” [@LBC]

we're making @blocks smaller today. here's my note to the company. #### today we're making one of the hardest decisions in the history of our company: we're reducing our organization by nearly half, from over 10,000 people to just under 6,000. that means over 4,000 of you are being asked to leave or entering into consultation. i'll be straight about what's happening, why, and what it means for everyone. first off, if you're one of the people affected, you'll receive your salary for 20 weeks 1 week per year of tenure, equity vested through the end of may, 6 months of health care, your corporate devices, and $5,000 to put toward whatever you need to help you in this transition (if you’re outside the U.S. you’ll receive similar support but exact details are going to vary based on local requirements). i want you to know that before anything else. everyone will be notified today, whether you're being asked to leave, entering consultation, or asked to stay. we're not making this decision because we're in trouble. our business is strong. gross profit continues to grow, we continue to serve more and more customers, and profitability is improving. but something has changed. we're already seeing that the intelligence tools we’re creating and using, paired with smaller and flatter teams, are enabling a new way of working which fundamentally changes what it means to build and run a company. and that's accelerating rapidly. i had two options: cut gradually over months or years as this shift plays out, or be honest about where we are and act on it now. i chose the latter. repeated rounds of cuts are destructive to morale, to focus, and to the trust that customers and shareholders place in our ability to lead. i'd rather take a hard, clear action now and build from a position we believe in than manage a slow reduction of people toward the same outcome. a smaller company also gives us the space to grow our business the right way, on our own terms, instead of constantly reacting to market pressures. a decision at this scale carries risk. but so does standing still. we've done a full review to determine the roles and people we require to reliably grow the business from here, and we've pressure-tested those decisions from multiple angles. i accept that we may have gotten some of them wrong, and we've built in flexibility to account for that, and do the right thing for our customers. we're not going to just disappear people from slack and email and pretend they were never here. communication channels will stay open through thursday evening (pacific) so everyone can say goodbye properly, and share whatever you wish. i'll also be hosting a live video session to thank everyone at 3:35pm pacific. i know doing it this way might feel awkward. i'd rather it feel awkward and human than efficient and cold. to those of you leaving…i’m grateful for you, and i’m sorry to put you through this. you built what this company is today. that's a fact that i'll honor forever. this decision is not a reflection of what you contributed. you will be a great contributor to any organization going forward. to those staying…i made this decision, and i'll own it. what i'm asking of you is to build with me. we're going to build this company with intelligence at the core of everything we do. how we work, how we create, how we serve our customers. our customers will feel this shift too, and we're going to help them navigate it: towards a future where they can build their own features directly, composed of our capabilities and served through our interfaces. that's what i'm focused on now. expect a note from me tomorrow. jack

We’re pleased to announce that Bitwise has acquired Chorus One, a leading institutional staking provider with over $2 billion in staked assets. The business has been incorporated into Bitwise Onchain Solutions, the staking division of Bitwise, and expands our staking capabilities to over 30 proof-of-stake networks. Excited for the future —