Andrew .... ⛏️💡

For 15 years, Bitcoin has been the ultimate digital vault. But what if that vault could generate yield without you ever handing over your private keys? Welcome to the Bitcoin Frontier. The biggest friction in crypto—the "Bitcoin write problem"—is officially being dismantled. Thanks to the Stacks ecosystem, Bitcoin is transforming from a passive store of value into a fully programmable powerhouse. We just saw the Genesis Bond prove this in real time: institutions securely locked 230 BTC in self-custodial bonds and earned native yield directly from network consensus. No wrapping. No bridging. No centralized lending desks gambling with your capital.And this isn't just for institutional whales. Pooled staking means everyday holders can finally put their idle capital to work. With the infrastructure fully proven and leadership dialed in for hyper-growth, the next era of DeFi belongs to Bitcoin https://x.com/defi1crypto2/status/2106261766976180629 #btc #bitcoin $STX $BTC #stacks #stx

When you realise that NVIDIA has lent out a lot more than 100B to customers to fund them buying chips and that most of those chips are still sitting in warehouses waiting to go into data centres (https://www.wheresyoured.at/wherere-all-the-ai-chips/), rapidly becoming obsolete, you'll understand why Jensen sounds so panicky at times in this interview It's a shame. At a quarter of the current MC NVIDIA is still a massively successful company. Gravity is a terrible thing to choose to fight against. #AI https://youtu.be/HjurAWAr_nY?si=1aLo--7Tng4k_zF0

The unwinding of the debt here which, just like the GFC, is much worse than what we can easily see, will be horrific. They go through the various ways in which that could happen. None are good. They range from prolonged recession (think Japan's 'lost decade' which has lasted nearly 20 years) to depression. There's no way to escape it, it's baked into everything at this point, but you can try and limit your exposure to the worst of it. Here's some of the things I'm working on doing myself (bearing in mind that everyone's situation is different): - switch some or all of your AI workloads to Chinese models: The Chinese market is very competitive, very diverse and not saddled with huge amounts of debt. Added to this China is actually deploying power and data centre capacity so they are better placed to meet spikes in demand. - Decrease AI investment risk: Index funds are AI heavy. If you're not going to hold just cash, make sure your investments are in sectors which have the least to lose from an AI crash. Notice I said 'least to lose' instead of 'most to gain'. I don't think there's any winners from this crash and I think trying to find some 'The Big Short' opportunity is as risky as thinking the line will go up forever. - Decrease AI debt risk: Many money market funds are now full of repackaged AI debt. Companies can default on debt, and the AI debt will default en-mass, countries rarely do. That's because they can print money. That money may deflate, but the debt won't default. If you're holding with a 20-30 year time horizon then the current interest rates will compound nicely over that time. Anyone betting advanced economies will collapse in the next 50 is likely on drugs or mentally ill or (likely) both. - Deploy capital into crypto: Crypto is the only proper alternative to tradefi markets. There is a good chance a decent chunk of the world's investments end up in crypto post crash and they stay there. The GFC birthed the blockchain. What confidence people still have in tradefi will be sorely tested by yet-another tradefi disaster. A 1000 crypto crashes would not even approach a meaningful percent of the value tradefi destroyed via the GFC. Crypto might be wildly volatile, and risky, but it's open and fair in a way that tradefi cannot ever compete with. Winning is not about being 'great' it's about being better than your competitors. - Position yourself as sceptical of AI hype, but not sceptical of AI. Paul Krugman was right when he called the dot com boom a dangerous bubble. He was wrong when he called the internet no more useful than fax machines. AI is good tech that is (currently) way over-hyped. There's a heap of grift going on right now from consultants and companies selling the same snake-oil many sold leading up to the dot com crash. Post crash people will still want to leverage AI, so keep the receipts and use them to win out over the charlatans when the reckoning comes. #AI https://open.spotify.com/episode/3UhaOShrjx6Me9jH9I5fXe

Still plenty of work needed to bring utility to Bitcoin. If BTC is to be a store of value then native BTC needs to be useful in finance. It's not going to be directly on the L1, so we need networks that can scale Bitcoin and still retain what makes it so unique and important. $BWBTC https://youtu.be/Lg1ao3Benu4?si=M_2E_o2kM84HHfri

This is what I've earned the last 90 days on Wurk.Fun A little is in jobs, but most of it is in Vault rewards and I've been eligible for those rewards by holding $WURK and being a creator on the platform. I've spent more creating jobs than I've earned. Or the way I look at it: I've been able to test ideas and learn at a discounted rate. Some weeks I've broken even; I've covered my costs with earnings. It's a great time to build something in crypto. Platforms like Wurk.Fun take a lot of the overhead of running marketing campaigns. They even have a @solanamobile app to make it even easier to manage your jobs wherever you are. Join Wurk as a creator, or wurker, or both https://wurk.fun/?ref=PXQEHD5 Check out the communities I've been experimenting with https://wurk.fun/community/6de8fe03-294c-4bd5-a258-09587647aa50 https://wurk.fun/community/98e160ba-00dd-4028-829a-446521cee9e8

It all comes down to energy. Without energy you can't get started on anything. Fix your energy first and everything else becomes a lot easier. https://youtu.be/xmRSO9g_QBg?si=75Qi4nTVXPpo3LyE