shaquille o'atmeal retweeted
Bitcoin will never break its all-time high again." — Jason Calacanis
Jason, I'll bet you $1,000,000 it will break its ATH. Here are the terms:
Bitcoin hits or exceeds $126,210.50 on or before October 28, 2028, 12PM PST
I’m happy to trust you to pay or if you prefer we can each escrow the dollars with independent party.
The bet is either settled when Bitcoin hits the ATH or on October 28, 2028.
@jason Do we have a bet?
shaquille o'atmeal retweeted
"bitcoin is nothing beyond a store of value"
-umm that is literally the most important aspect of any financial asset or monetary medium 😅😅😅
A brutal year for Bitcoin is just getting started.
Give me three minutes to explain why you should dump it now.
Outflows from ETFs are signal and will continue.
We will test the 57k low again in the next 12 months.
Why?
Because there are far too many dynamic places to put your money that are creating MUCH more value.
Why put your resources into a dead network that offers nothing beyond a store of value?
What's the point of place the BTC be if Bitcoin's Ponzi-scheme nature has gone away!?!
The viral nature of bitcoin was it's power... if you didn't own you were MOCKED!
Now? Completely reasonable, heck, SMARTER, to ignore bitcoin and place other bets!
No one is trying to convince people to buy Bitcoin anymore... the memes and NFTs are gone.
No one is saying $ BTC can change the world, because it won't — and BECAUSE AI HAS!
Just sell and shift from Bitcoin to Super Intelligence because one provides little to no value, and the other provides unlimited upside for humanity.
This should be obvious to everyone right now.
Bitcoin will never break its all-time high again.
Matt Cole took time out of his busy day to write an essay convincing Sam Sam to stay bullish, and you still didn't sell everything?
Replying to @TheSamsPodcast
Our capital markets decisions are driven by what we believe will maximize our *long-run* total returns. We have been consistent that we believe the most powerful and sustainable engine to power total returns in excess of Bitcoin is our amplification ratio.
We've built a leading amplification ratio today at over 60%, but maximizing our amplification ratio over the long-run requires continuing to support our Digital Credit products. Demonstrating continued access to capital markets during drawdowns and slower periods has been provably helpful in building a track record of success for the credit strength embedded in those instruments. I expect the importance of this track record, specifically how Strive executed during this bear market, to increase in the coming years.
I respectfully disagree that a "honeymoon" period is over for Strive as I believe we've only now built an amplification engine that has a durable moat along with no PIPE warrants remaining. I don't think most investors even understand the value of our amplification engine yet, which makes sense as amplification is designed to generate returns when Bitcoin moves up, and its been largely flat this year.
When Bitcoin slows down, our base case is patience, and we've demonstrated that several times during this past year, but we've also demonstrated we're always ready to take bold actions on a moments notice.
Less macro than the above, but we think $SATA has continued to trade very strong with strong demand. Even with the significant spike in $SATA short interest reported on 10/15, which was shortly after the announcement of $SATS, $SATA remains not much below $99, without a single dollar of buybacks. There are index rebalances coming up which should put in some decent size orders for $SATA. We've generally leaned towards increasing the interest rate over buybacks, but have also demonstrated multiple times that patience (doing nothing) can do the trick as well, as these are very attractive products.
Lastly, there is an interesting, but large divergence in the viewpoint among many retail investors vs institutional shareholders in terms of common equity ATM usage. The institutions overwhelmingly want more common equity ATM usage with any premium, many retail investors want less or none.
Our view has consistenly been in the middle, and I believe taking the extreme on either side would raise our overall cost of capital. We recently explained this to several of our large institutional shareholders asking for more common equity ATM usage during the $SATS IPO, and I want to offer the same to the retail investors asking for the opposite.
During the last bull market, the vast majority of excess returns for MSTR over Bitcoin were driven by accretive common equity issuance. We've been consistent in our belief that it wasn't a sustainable model because there was no amplification engine, but also believe it was the rational decision at the time, as a high mNAV without amplification wouldn't have been sustainable either.
The ideal scenario has always been having an amplification engine that has scarcity and sustainable growth while also being able to issue common equity accretively. Importantly, accretive common equity issuance isn't a requirement, as the amplification drives the majority of returns, unlike the last bull market, but it's a potential return amplifier.
What this means in practice is likely less relative common equity ATM issuance than what investors saw MSTR do during the last bull market. That said, it will probably be more common equity issuance than some retail investors would want, and less than many institutional investors want, driven by what we believe will maximize total returns based on all of the data and information we have access to.
shaquille o'atmeal retweeted
The honeymoon period may be over for $ASST
It has been an incredible year for Strive. Of that, there is no doubt. But now, eyes are being drawn toward what may lay ahead. And it could be a sliding doors moment.
With $SATA a couple of bucks off par, and new guidance stating that no issuance of shares for the purposes of buying more Bitcoin will take place below $100, AND a desire to generate "total returns", the questions are really simple. But really important.
Will any potential Bitcoin purchases come exclusively from $SATS?
Will reserves be used to buy back $SATA?
Will we see a couple of weeks with no Monday morning announcements at all?
And the one I and many other shareholders are watching: Will Strive ATM the common, to either buyback SATA, buy Bitcoin, or increase the cash reserve now that SATA losing par may be creating some market pressure?
Strive has yet to put a foot wrong. The entire execution has been flawless, and rightly lauded by many.
But sometimes the market presents particular questions at particular times, and it feels like for the first time, Strive must show its hand for the short to medium term future.
Bitcoin Treasuries dont need to race to a certain stack size too quickly. They dont need to announce moves every week.
Sometimes you just put the lid on the pot, turn down the heat a little, and let things simmer for a while before any taste tests or the addition of any more ingredients.
It's going to be very interesting to see how Strive plays this.
shaquille o'atmeal retweeted
Excited to share Genie 4 today our most realistic and interactive world model:
- steer dynamic environments in real time, shaping events, camera angles, and actions
- generate native audio matched to the world, from realistic background sounds to characters who can converse in real time!
- simulate photorealistic scenes and real-world physics
- create more coherent multi-step events through reasoning from Gemini
We've started to roll out as a research preview to trusted testers. Coming soon to Google AI Ultra subscribers in Project Genie and early access partners via the Gemini API and AI Studio.
shaquille o'atmeal retweeted
Today Physical Superintelligence PBC is announcing solutions to five long-standing problems in quantum information theory.
psi.inc/research/oqp-batch-2…
Thread 👇
shaquille o'atmeal retweeted
🚨#BREAKING: North Carolina Libertarian state Senate candidate Jonathan Miller arrested after an hours-long armed standoff with police, following alarming 𝕏 posts referencing a potential shootout.
shaquille o'atmeal retweeted
I think most AI job losses happen this way.
Slowly cull your workforce through voluntarily or accelerated attrition while drastically slowing hiring. Not necessarily mass layoffs just a grinding halt to new hires.
“Microsoft is offering buyouts to around 60,000 employees”
This is also where productivity growth will show up. Existing workers will do the work of departing employees with the help of AI.
shaquille o'atmeal retweeted
Microsoft is offering buyouts to 60,000(!) employees. Headcount and revenue growth is really starting to diverge at tech companies.
shaquille o'atmeal retweeted
ANNOUNCEMENT: SPAM EMAILS HAVE BEEN SENT THAT APPEAR TO HAVE COME FROM OFFICIAL FOUNDATION DOMAINS.
We have traced this back to one or more compromised API keys on Cloudflare, and have already revoked all API keys.
The malicious domain in the spam email has been taken down.
Funds stored on Passport are safe and Passport hardware is not compromised.
We are working nonstop to discover exactly what happened and will put out a report ASAP.
shaquille o'atmeal retweeted
“COBOL is still deeply load-bearing in banking, especially at the core: account ledgers, overnight batch processing, and card/ATM authorization. The widely cited estimates are that roughly 43% of banking systems and 95% of ATM swipes run on COBOL code, and that around 80% of in-person banking transactions pass through it.”
shaquille o'atmeal retweeted
Brazil $EWZ down ~20% overnight…
The beauty of socialism.
shaquille o'atmeal retweeted
I'm hitting new heights of Halloween cheer with my next email newsletter, all about Skull Architecture. Sign up today, get it tomorrow! 70s-sci-fi-art.ghost.io/
Artists here: Two uncredited covers, Philippe Caza, and David A Hardy.
shaquille o'atmeal retweeted
I'm ready to print, I think 🤔. I have a CAD file .. I have concept, and a working prototype. So what's next!
shaquille o'atmeal retweeted
파리에서 벽 질감 수집하는 사람.. 휴대용 스캐너로 훑으니까 벗겨진 표면이랑 얼룩이 그대로 그래픽이 됨. 청록색 사이로 흰 자국 남은 거 너무 좋다






































