Arc retweeted
After six years in stealth, Atomic Machines is out. Our mission: on-demand, universal command of matter. First beachhead: the Matter Compiler, an AI-native manufacturing system that builds working micro-machines from code alone. No per-product tooling. No process development. Different code, different machine.
Arc retweeted
Woah! Tesla just registered a record 150 Cybercabs for its Robotaxi fleet, bringing the total number of Cybercabs registered to date to 319 (up from 169), according to the Texas DMV.
Tesla just nearly doubled its registered Cybercabs overnight.
Arc retweeted
~69,000 Powerwall owners across California are currently dispatching more than 500 MW to the grid, helping meet peak demand during today's heatwave
Equivalent to the output of a power plant, but from Powerwalls already in people's homes
Arc retweeted
Coinbase CEO Brian Armstrong says donating to charity is net negative
"The common view is that philanthropy is this noble cause, and Bill Gates is like 'I'm going to go rehabilitate my image and do philanthropy.'"
"A lot of charities and philanthropies are actually net negative for the world and they get captured. It's remarkably hard to find a foundation that has not gotten captured by ideology.”
“By trying to do something good, like criminal justice reform, it turns out they just increased crime. I have a donor advised fund and I put money toward things helping civilization advance, but I don't think at this moment I would ever create a foundation."
"If you look at the Ford Foundation, I think Henry Ford would be turning over in his grave if he knew what they were up to.”
“I have a DAF, a donor advised fund, and I just try to put money toward things that I think are helping civilization advance. But I don't think at this moment I would ever create a foundation."
Arc retweeted
Remember the people who, all of ten weeks ago, were existentially questioning the entire bitcoin thesis, modeling $MSTR's total liquidation, and telling you macro capital was never coming back?
Yeah. Never listen to those people again.
Arc retweeted
“You don’t get rich by diversifying into 50 mediocre assets. You get rich by finding 2 or 3 asymmetric home runs.”
— Stanley Druckenmiller
Arc retweeted
As a fund manager, my ideal so-called "Bitcoin Treasury Companies" are those that meet the following criteria.
They:
- build products or services that make the world a better place
- have significant and sustainable current and future operating cash flows
- hold a meaningful portion of their earned income as bitcoin for the long-term
The three that currently top my list may be surprising to some:
- Space Exploration Technologies Corp. $SPCX
- Tesla, Inc. $TSLA
- Block, Inc. $XYZ
Arc retweeted
BTC is overdue for ripping bears nuts off, putting them in the blender, and making them drink their goddamn ball soup.
Arc retweeted
Most of what young people blame on “capitalism” is actually the result of statism: big government; monetary debasement; regulation that blocks housing supply; taxes that punish work and investment; and political privilege that protects insiders.
Young people are not victims of free markets. They are victims of a big government system in which political spending rules, central banks subsidize debt instead of promoting price stability, savings, and prudent investment, and bureaucrats decide who gets opportunities.
More government will not solve any of it.
dlacalle.com/en/this-is-a-sl…
Arc retweeted
The Blue Zones—places where people supposedly live past 100 at extraordinary rates—aren't real.
A 🧵 on what went wrong: bad record keeping, pension fraud, and lots of money.
