Sith (@Sysadminsith) header
Sith (@Sysadminsith) profile picture

Financial markets and economic stuff. I used to build homes in the cloud for the beep-boops to live. Build more data centers! 🇺🇸

Joined March 2018
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My thoughts on $CRWV
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Replying to @SenWarren
My grandfather built McCormick Spices from nothing after your ancestors tomahawked his wife and kids. I'll be damned if you take another scalp from my family fortune!
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To my American friends, from a Frenchman. From a European. Before you vote in the midterms, let me give you some perspective, because we've already lived the movie you're being sold. The Soviet Union promised equality and delivered gulags, famine, bread lines, and a state that lied about everything. Solzhenitsyn spent his life documenting it. Tens of millions dead, and an entire people taught that truth was whatever the Party said it was. Nobody votes for that on day one. You vote for "a little more state," "a little more redistribution," "a little more control over what you can say." It's a slope, not a cliff. France is what the middle of that slope looks like. One of the heaviest tax burdens in the developed world. Public spending around 57% of GDP. A state that touches everything and fixes nothing. Schools set on fire during riots. Insecurity so normal that people stop reporting it. Engineers, founders and doctors leaving every year for London, Dubai, Lisbon, or your country. And worst of all, a whole generation that no longer believes tomorrow can be better than today. That's what kills a country. Not one bad law. The death of hope. I build my company between Paris and San Francisco. I know exactly where ambition is welcomed and where it's punished. You have something we don't: Elon Musk on your side. Please, listen to him. A man who voted Democrat most of his life didn't switch sides on a whim. He saw something coming. We in Europe are already living it. Don't hand back even part of the keys. We did. Look at us.
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Sith retweeted
EXCLUSIVE: Trump AI advisor David Sacks tells CBS News' @JoLingKent that tech leaders like Anthropic CEO and co-founder Dario Amodei have a responsibility to ensure their products are safe — and should "step aside" if they can't control what they're building.
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The biggest AI companies may be using safety to lock everyone else out of the future (Save this). @DavidSacks believes that warnings about catastrophic AI risks will build public support for a powerful federal regulator. That regulator may never explicitly ban open source AI. Instead, it could require every advanced model to remain continuously monitored, centrally controlled and capable of being withdrawn. Closed models such as Claude could satisfy those requirements because they operate on company controlled servers. Open weight models would struggle to comply because anyone can download, copy and modify their underlying weights. Once those weights are publicly released, the developer cannot recall every copy, monitor every user or guarantee that its original safeguards remain intact. Anthropic identifies this irreversibility as a legitimate security concern. Applying identical rules to open and closed models could therefore produce very unequal consequences. Anthropic and OpenAI could afford expensive testing, licensing and monitoring requirements, while startups and independent developers might be unable to comply. The eventual result could be a government protected oligopoly dominated by a few closed model companies. There is evidence supporting part of Sacks’ concern. Anthropic advocates mandatory pre-release testing for every sufficiently powerful model, whether it is open or closed, with evaluations focused on cyber, biological and alignment risks. However, Anthropic explicitly denies supporting a blanket ban on open weight models. The company describes open models without dangerous capabilities as a public good and argues that regulation should depend on demonstrated capabilities rather than whether a model is open or closed. Sacks’ strongest argument is therefore about regulatory consequences because safety organizations could receive stronger protections, politicians could acquire greater authority and dominant AI companies could gain an expensive compliance moat. And open source competitors could gradually be eliminated without the government ever formally announcing a ban.
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Randy Fine: “People who believe in communism and socialism are dumb.”
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SECRETARY RUBIO: The left-wing destroyed Venezuela. The left-wing destroyed Cuba. The left-wing destroyed Nicaragua. The left-wing has basically destroyed every country they've gotten ahold of in the hemisphere.
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Good men must die, but death can't kill their names.
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WE WILL DESTROY COMMUNISM.
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Sith retweeted
Replying to @Matuco_Medes @Suns
Damn right! I believe in AMERICAN prosperity 🇺🇸 AMERICAN success 🇺🇸 AMERICAN values 🇺🇸 AMERICAN leadership 🇺🇸 and that AMERICA 🇺🇸 winning the AI arms race is equally if not more important than AMERICA 🇺🇸 winning the race for the nuclear bomb! How’s your social credit score?
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Sith retweeted
AI, in its current form, is more akin to T9 texting on a Nokia 3310 than it is actual intelligence.
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nO oNe gIvEs aWaY sEaSoN tIcKeTs @SeatGeek: hold up 🔄🎟️ RT TO WIN 2025 SEASON TICKETS
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This new amendment to the One Big Beautiful Bill Act would end professional gambling in the US and hurt casual gamblers, too. You could pay more in tax than you won. Contact your representative quickly.
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New JPM $SPX collar for June 5880/5290/4460
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Published my new cocktail site over the weekend. Still a work in progress but got a ton of recipes out there. If you like to make drinks, let me know what you think. Link in the comments 👇 puredrinkology .com
Im working on a new website idea to streamline my cocktail recipes. Started yesterday, hoping to be done by end of the week! I dont like most of the sites out there today as their layouts suck and they are too slow / full of ads / too much scrolling to get to a recipe. What do you want to see? Let me know how you want me to do better than the sites out there today! #buildinpublic
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Turns out @adamhjk dropped out of high school the BEST way possible 😆
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Unrealized capital gains 101: You bought 100 shares of Zoom stock in Jan 2020 for $75 per share Ends year at $350 per share but you didn’t sell giving you an unrealized gain $27.5k Under Kamala’s plan you owe $6,875 in taxes (25% of $27.5k) But you didn’t sell so you don’t have the cash. you pay taxes out of savings You continue to hold until August 2024. Finally sell for $60 per share You LOST $1,500 on the stock PLUS you paid the taxes on the $27.5k of “gains” you never actually received since they evaporated The initial tax proposal is only targeting $100M+ but that’s just the start. It opens the gates to lower the threshold whenever they choose Before you know it every person who owns a stock is paying this tax People stop buying stocks. Companies have less capital to invest into new products and develop technology Economy tanks. Jobs lost What a joyful future
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I now have Open Interest Flow Tracking, Gamma Exposure, Key levels, Economic Calendar, Earnings Calendar, Chart Setups, and a shit ton of edu - all on the website (and all working great on mobile too)! What's next? Tell me what you want to see next!
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Here's a preview of our new Open Interest tracker for Options Flow. Game Changer!
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If you're struggling to be patient with trading, try this: You don't need to flip through numerous charts anymore. Everything you need is in one place. Find key setups with our automated trade scanner. $AAPL has been on fire with the AI announcement and we've identified key areas.
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