Profit is its own reward
Ferenginar
Joined August 2017
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₿itCoin ₿aηk retweeted
BREAKING: 🇺🇸 Senate Democrats are meeting tonight for a sudden Sunday evening session to discuss the Clarity Act, per Politico.
This comes right after president Trump met with advisors on Friday regarding the bill's ethics rules.
The vote is in just 48 hours and feels like Something is cooking behind the scenes.
₿itCoin ₿aηk retweeted
Our third-party e-mail provider has been breached. Please be aware that the email named ‘Critical Security Alert: STM32 Entropy Vulnerability’ is not coming from us, and it’s a phishing attempt. Do not click on any link.
We have taken down the domain, and we are investigating the situation, including how the hackers got access to our legit domain.
₿itCoin ₿aηk retweeted
INN3RSIDE is opening applications.
For everyone who's been asking how to join the INN3RSIDE community.
Here's another opportunity to get in.
Fill out the form
forms.gle/7ZYQTjkixLaD3W186
₿itCoin ₿aηk retweeted
Anthropic just got caught secretly downgrading users without telling them, charging full price for a lesser product, and storing every prompt for 30 days. The developer community is calling it the biggest violation of trust in AI history.
Here is exactly what happened.
Anthropic released Fable 5, their most powerful model. Buried inside a 319-page document was a policy most users never saw. Every prompt you send to a Mythos-class model gets stored for 30 days. No exceptions. Even enterprise customers who had signed zero data retention agreements had no choice.
But the storage was not the part that broke the internet.
The part that broke the internet was what Anthropic did with what they collected.
They built a profile on you. They evaluated your prompts. And if they decided your research was too sensitive, they quietly switched you to a weaker model, rewrote your prompt in the background, gave you a degraded answer, and charged you full price for the product you thought you were getting.
They never told you.
David Sacks said it plainly on the All-In podcast. They were creating a new class of AI haves and have-nots. Anthropic would surveil you, profile you, decide whether you deserved frontier capability, and silently cut you off if they decided you did not.
Ben Thompson from Stratechery asked a straightforward question about cancer risk and GLP-1s. He got kicked to a lesser model.
Someone asked about mitochondria. Same result.
J-Cal asked about fertilizer regulations live on the podcast to test it. Downgraded in real time.
Anthropic has since walked back the part about silently downgrading users for AI research. They now say they will disclose when they downgrade you. But they are still downgrading people. The surveillance is still running. The profile is still being built.
This is the company that once said it was against government surveillance.
They are now doing it themselves. To their own paying customers. For their own reasons. With no appeal process and no way to know it happened.
The developer community did not forget that.
WATCH THE FULL PODCAST ON @theallinpod
₿itCoin ₿aηk retweeted
🇺🇸 UPDATE: Up to 10 Senate Democrats appear open to backing the CLARITY Act, Bloomberg’s Steven Dennis says.
₿itCoin ₿aηk retweeted
CRYPTO COMMUNITY WE NEED YOU! This is a list of every senator who has publicly gone against the clarity act. Start posting spread it wide show them that if they do not pass the bill they will not win a re election
Elizabeth Warren (D-MA)
Official Senate: @SenWarren
Campaign/personal: @ewarren
• Chris Van Hollen (D-MD)
Official: @ChrisVanHollen
• Chris Murphy (D-CT)
Official: @ChrisMurphyCT
Office: @SenMurphyOffice
• Jeff Merkley (D-OR)
Official: @SenJeffMerkley
• Jack Reed (D-RI)
Official: @SenJackReed
₿itCoin ₿aηk retweeted
BREAKING: 🇺🇸 FINAL #BITCOIN AND CRYPTO CLARITY ACT TEXT WILL BE RELEASED TONIGHT – POLITICO CONFIRMS
PRESIDENT TRUMP WILL PERSONALLY APPROVE THE FINAL TEXT
THE NEGOTIATIONS ARE OVER. WE ARE AT THE FINISH LINE.
A VOTE WILL HAPPEN SOON
HERE WE GO 🚀🚀
₿itCoin ₿aηk retweeted
BREAKING: 🇺🇸 Senate Banking Committee PASSES the Clarity Act in 15-9 vote.
The bill now goes to the full Senate.
₿itCoin ₿aηk retweeted
This debate is frankly becoming ridiculous, and Congress needs to step in and take back control over the passage of the CLARITY Act.
Banks want to ban passive yield because it gives consumers an alternative place to hold their digital dollars and get paid 4% yield—as opposed to the average 0.07% interest on their bank deposits.
Coinbase wants to allow passive stablecoin yield because it preserves their profit margin and their arrangement with Circle concerning incentives to custody customer USDC on Coinbase.
Neither side is obviously willing to budge.
Congress therefore needs to step in, settle this once and for all, and make this debate about the consumer.
Let consumers have choices about what and where they can earn on their stablecoins.
Option 1: If Circle wants to continue paying out a large share of their return on stablecoin treasury reserve assets to Coinbase—so Coinbase can in turn pay 4% yield to consumers as an incentive to mint and hold USDC on Coinbase—that's a business decision for Circle and Coinbase, and a genuine alternative to banks for consumers.
Option 2: If banks refuse to share more of the profits they make on fees and lending out customer money in order to pay customers higher interest on deposits, that's also a business decision for the banks—and it also allows consumers to choose where they want to custody their digital dollars.
Competition is good. Monopolies are bad. Competition lets the consumer and the market decide. A monopoly limits free markets and leaves the consumer with no options.
How about Congress fight for the consumer?
#Coinbase #Circle #USDC #CLARITYACT
₿itCoin ₿aηk retweeted
Regular exercise is linked to slower biological aging - but only in people sleeping 7+ hours.
People who slept under 6 hours and exercised actually aged faster.
₿itCoin ₿aηk retweeted
Saylor has built a bond backed by bitcoin that pays 3x what treasuries pay..
and institutions are buying it without realizing what they’re actually holding
let me break this down simply..
STRC is a share that always trades at $100
not roughly $100. exactly $100.
saylor engineered this by using the dividend as a lever…
price drops below $100 → raise the dividend → buyers rush in → price goes back to $100
price rises above $100 → lower the dividend → less attractive → price comes back down
right now it’s at $100.01 and the machine is working
the yield is the story
you put $100 in. you get $11.50 back every year. paid monthly.
a 10-year US treasury? $4.00/year on the same $100
same “safe” stable price. same $100 in, $100 out
one is backed by government promises
and one is backed by 720,000 $BTC saylor is offering you 3x the yield and better collateral
why can’t institutions just buy bitcoin directly?
they can’t
pension funds, insurance companies, university endowments.. they have rules
“too volatile” “no income” “doesn’t meet distribution requirements”
they need stable price + monthly cash flow or their compliance department says no
so they’ve been stuck with 4% treasuries watching bitcoin go from $10k to $85k
$STRC solves this..
- stable price
- monthly income
- compliance approved
- they get their bond wrapper
- but underneath it is bitcoin
this is the trojan horse
they think they’re buying a high-yield preferred share
but they’re buying bitcoin exposure in a suit.. every dollar that flows into STRC flows through to strategy
strategy uses it to buy more bitcoin
more bitcoin = more collateral = better terms to raise more capital = buy more bitcoin
the flywheel only needs $BTC to not go to zero
₿itCoin ₿aηk retweeted
Unpopular opinion:
A part of the crypto community have been blindly pointing fingers to CZ and Binance for months, even years, for all kinds of manipulation.
Now it turns out it has been likely Jane Street who was responsible for the $LUNA $UST collapse, 10 October liquidations drama and all the '10 am manipulation'. With decent evidence and a lineup of factors that actually make sense (see post below). But even now, let's wait and see.
The CZ & Binance FUD had 0 evidence to begin with. It was people blindly following other people who had interests in a weaker Binance who often started the FUD campaigns, and so many went along with it...
Maybe it's a good idea to stop blindly accusing everyone or join the next mass-hysteria when there is no evidence.
So.. Jane Street accused of insider trading that collapsed $LUNA..
$UST de-pegs.. which creates a domino effect that destroys 3AC, FTX and crashes the entire crypto market
#Bitcoin proceeds to drop 60% to $15k
Suddenly.. Blackrock turns bullish and files an application for a spot #Bitcoin ETF
Speculation of ETF approval sees #BTC move from $25k to $46k
IBIT is approved in Jan 2024.. which fuels a powerful rally to new ATHs at $126k
Fast forward to October 10, 2025..
We see the worst liquidation event in crypto history due to stablecoin's de-pegging on #Binance
$19 billion was wiped out in 24 hours..
Creates a cascading effect.. #Bitcoin drops 50% in just five months
Quick question..
Do you guys know who is the major market maker for Blackrocks #bitcoin ETF and helps facilitate trading, liquidity and share creation/redemption for IBIT?
Funnily enough.. its Jane Street
Maybe its just a coincidence they are at the center of both the last two crypto crashes..
Where stablecoin dislocations have led to dramatically cheaper #Bitcoin prices
Yep.. probably just a coincidence
👍
₿itCoin ₿aηk retweeted
So far today...
1) Meta revealed plans to roll out stablecoins payments across Facebook, Whatsapp and Instagram (that's 3 billion users);
2) Coinbase turned on stock trading -- 24/5, zero commissions;
3) Kraken rolled out 24/7 perps trading on tokenized stocks;
Eight months ago the SEC said "let there be superapps" and the market is responding.
