Mynah

I've taken a significant position in Bakkt $BKKT I started accumulating shares when I heard that @mikealfred joined the board. And I've been buying since then. They are clearly cooking something big. I'm speculating here... But what if they become the Visa for the AI age? Let's connect some dots: They are building payments infrastructure at the intersection of Bitcoin, stablecoins, tokenized assets, and AI. Mike has hinted at big things on the way... But precise details of their vision are a bit hazy for now. But if I had to guess, I'd say they're building towards providing payments infrastructure for AI agents. Here's why: The new CEO @Akshay_Naheta was previously at SoftBank where he lead investments in AI related companies like NVIDIA. After that, he founded a stablecoin startup with the goal of building "the next generation of global payments infrastructure." He understands AI and stablecoins intimately. Keep in mind, Softbank is the largest investor in OpenAI. And the next wave of AI innovation is going to be agents. Agents that need the ability to transact with one another. Can you see where this is headed? AI agents will be transacting constantly. It's the next frontier in payments. A blue ocean. They will book your hotels & flights, order your groceries, pay other agents to complete tasks, etc. Eventually there will be an entire economy of agents running autonomously, transacting constantly at the speed of light. Daily transaction volume amongst these agents will eventually be measured in trillions of dollars. But these transactions will need to be regulated to monitor for fraud, money laundering, etc. Enter Bakkt. They're building regulated stablecoin payments infrastructure that can be adopted for a wide range of enterprise needs. And with money transmitter licenses in all 50 states (something that not even Elon has managed yet at X)... Bakkt could be positioned to start powering stablecoin transactions for AI. Imagine taking a cut of the exploding AI stablecoin transaction market? Companies like Visa, Stripe, etc. have done very well with that model. But that's just one piece of the puzzle. Bakkt is also infrastructure for tokenizing real world assets. Helping entities unlock liquidity from traditionally illiquid assets (real estate, art) in a regulated, compliant manner. It's another big market to attack. Keep in mind, Bakkt is still worth less than $800 million. The 20th largest crypto coin (safe to assume it provides zero real world utility) is worth nearly $9 Billion. More than 10x Bakkt. Mike was shouting about IREN and CIFR at the lows. They're both up over 20x now. And now he's put his reputation on the line with Bakkt. My guess is that he knows that the new leadership team has the expertise and connections needed to make some serious moves in the AI + stablecoins payments space. Not financial advice, but personally I'm long Bakkt.

What’s your first thought when you see this

Ireland - Day 2 of citizenship ceremonies where 6,000 foreigners will be made Irish citizens. In 2024 the government made 30,000 new citizens, 2025 is set to equal or surpass that. They're giving away our birthright.

How long can you live without organs? [🎞️ db_data_3d]

Thomas Massie's America First Tomorrow. 09.03.25 #MassieAF🇺🇸

Recruitment of new soldiers in Ukraine. The people who claim to care about Ukrainians do care that 69% of Ukrainians (Gallup) want a quick negotiated end to the conflict. Yet, the war narratives must be defended and Europe continues to boycott diplomacy.

Almost a decade ago I was the Harvard economist that said that bitcoin was more likely to be worth $100 than 100k. What did I miss? I was far too optimistic about the US coming to its senses about sensible cryptocurrency regulation; why would policymakers want to facilitate tax evasion and illegal activities? Second, I did not appreciate how Bitcoin would compete with fiat currencies to serve as the transactions medium of choice in the twenty-trillion dollar global underground economy. This demand puts a floor on its price, as I discuss at length in my new book Our Dollar, Your Problem. Third, I did not anticipate a situation where regulators, and especially the regulator in chief, would be able to brazenly hold hundreds of millions (if not billions) of dollars in cryptocurrencies seemingly without consequence given the blatant conflict of interest. cnbc.com/2018/03/05/bitcoin-…

A deep bear market in 2026 is actually the most bullish thing for Bitcoin. I’ll explain why if no one in the comments can.

The situation with Bitcoin development is so much worse than I can discuss publicly. People tell me things in confidence and I have to respect that and you'll just have to take my word for it. It's completely out of control.

On May 17, 1995, 35-year-old Shawn Timothy Nelson stole an M60A3 tank from a local California Army National Guard armory and drove six miles through nearby neighborhoods, crushing cars and infrastructure in his path—though without injuring anyone.

Now that the FBI concluded Jeffrey Epstein blackmailed zero powerful people you have 100% confirmation that he was blackmailing the most powerful people on earth.