$UMAC chart 🤤🤌
🦅 $5 billion in American drone investment.
Momentum is building to scale the domestic drone industrial base and the critical supply chain behind it.
$UMAC #Drones #AmericanManufacturing #DefenseTech
Michel retweeted
The Internet Needs Crypto to Survive AI: youtube.com/watch?v=TKVY4hVA…
One of the most exciting, and underrated, developments in crypto atm revolves around this @Bankless conversation with @eastdakota of @Cloudflare.
~20% of all websites are routed through Cloudflare, and in this conversation Matthew tells us that the business model of the Web is under attack. To put it simply, agentic traffic is exploding, and agents don't click on ads, but ads underpin much of the "free" stuff we get online. The infrastructure is creaking under agent load.
Matthew's assertion is that microtransactions, at a scale not previously seen, will be needed to pay for access to content, as the advertising model of the Web falls apart with agents. Crypto people have talked about microtransactions forever, but it was for people, which never worked, whereas we're now contemplating it for agents.
He says Cloudflare handles ~500M requests per second, and that 1-10% of those requests may be suitable for this microtransaction model. A blockchain environment is the only payment network that could theoretically handle this scale, and it would need to hit 5-50M TPS.
5-50M TPS in prod dwarfs anything yet attempted in crypto, and is far beyond anything TradFi can handle. There are very few blockchain environments that could conceivably provide this throughput.
Just as important as the scale, is the model and trust assumptions. While Cloudflare may roll this out as a solution for its customers first, what's implicit here is the potential for an entirely new business model for the Web.
If Cloudflare walks this path, I hope that what they build has permissionless validation, allowing for anyone to audit the network.
Cloudflare has been a torch bearer for the open Internet, and so it only follows that if they're to pioneer a new business model for the Web, that the architecture be an open network. Doing so will engender the most trust, goodwill, and adoption in the long run.
Web 3.0 is dead, long live Web 3.0.
Gud list (in hindsight).
base:0xacfe6019ed1a7dc6f7b508c02d1b04ec88cc21bf has pumped a bunch but still deserves to go on the list.
I guess the coins I like the most going into the new cycle are these:
1. $HYPE (perps, L1)
2. $TAO (AI, L1)
3. $NEAR (AI, L1, privacy)
4. $LIT (perps, the best bet on perps after HYPE)
5. $PUMP (memecoins, speculation)
6. $ZEC (L1, privacy)
7. $MON (new L1)
8. $MEGA (new L2)
New coins good, old coins bad. HYPE, LIT, PUMP, MON, MEGA has never been in a bull. Well, you could argue HYPE launched at the tail of the bull, but not a full cycle. TAO and NEAR are clear tokens in the AI narrative. ZEC is the "VC-privacy coin".
But tokens are not stocks, they have no value. Yes, and no. I think this is one of the hardest "dilemmas" of the new cycle. Betting on tokens in 2023 felt like a no-brainer. We all had hopes that our coins would make a comeback at some point. Now, in 2026, with an infinite number of tokens, it's harder than ever to pick something. There is a huge difference between a good product and a good token, and since most tokens are governance tokens, do we really need them? Maybe not, but it remains the main vehicle for speculation.
What about BTC, SOL, ETH? BTC should always be a part of a core portfolio, maybe SOL and ETH also, but I think the ones above will outperform compared to them.
Anyway, my gut feeling says that there will be something else that takes the spotlight, and that "the new thing" will outperform all of the 8 I listed. These are my thoughts today. Next week or next month I could already have changed my mind, so NFA and do your own research.
Michel retweeted
Cybercab is absolutely magical. Tesla has actually done it. A domestically mass-produced affordable autonomous electric vehicle is available to the general public. A car with no steering wheel generating revenue.
It’s sad to come back to a city without Robotaxi after being in Austin. Like stepping back in time. The event was awesome. I know it was tough to follow online, but we all knew the story going in.
This was a launch, not an unveiling. It felt like the city transformed immediately. Cybercabs were everywhere, you couldn’t take a trip without seeing another one. Outside of the ride experience itself, the scale of this launch is what I want to make sure people understand.
On previous trips, Robotaxi felt like a test network (an amazing one). Not anymore. Suddenly it’s real. It’s hard not to laugh when you ride past a Waymo in a Cybercab. Good luck… As I’ve said before, Robotaxi is way smoother than Waymo. It feels natural. Supernatural, really. This holds true for Cybercab. Waymo feels like a computer. And it looks like one too.
The production Cybercab is beautiful. It really is special. The color, the lines, the lighting, the doors. It looks great. While also being the most efficient car in history? Insane. I think it fits perfectly in the space between familiarity and the future. It doesn’t stick out, but it catches your attention. After exiting our first ride, there was a large group of 10-20 people. They were all talking about the Cybercab as we walked by. These doors are like gasoline on a word of mouth wildfire.
Our rides were flawless. Better than a human driver. No anxious moments. Cybercab is very comfortable, even at 6’2. Leg room is particularly notable. It would be tough to find a car that has this much leg room for two passengers at the same time. No pedals, center console, or multiple rows of seating creates a lot of space and a very open feel.
Robotaxi is unquestionably one of those products that will be way cheaper and way better than what existed before. I like those. No one is going to want to roll the dice on some random person and their car when the alternative is a private, safe, comfortable, clean, consistent, quiet, personalized Tesla with tons of room and a massive screen. It’s a premium experience on every level, and we get it cheaper thanks to technology. No noise or air pollution, either.
I don’t have much to critique. Little refinements that I know will happen. Pick up and drop off were satisfactory, over time will become excellent. Grok integration is already impressive, and it’s clear that we’ll eventually be able to just give directions like “pull over around the corner up there.” You can already have Grok update your destination in Robotaxi, it pushes the update to the Robotaxi app on your phone for approval.
I leave the event with more confidence in Tesla’s ability to scale, but also renewed patience. I have a greater appreciation for the intentionality of limitations (service area, times, fleet size) rather than seeing them simply as barriers that have yet to be overcome. I now believe the objective is to build slowly, safely, to critical mass. A tail-risk event is inevitable. The absolute last thing we need is some bad luck on a tail-risk event at an early stage before enough data exists to prove its rarity. That data is accumulating quickly and will become undeniable soon enough.
Huge congrats to Tesla and Elon for this incredible milestone. Decades of work culminating in a life-saving, sustainable, affordable, economically exceptional product. It’s all pretty surreal, a testament to vision and determination. I love this company!
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Interesting…
nitter.cf/teslajapan/status/2096…
Replying to @starship_ride @bradsferguson
Cybercab robotaxi in Japan (aka Tokyo and Osaka) would be a huuuuge hit.
Michel retweeted
$FCX Best in class name looks ready to go here...
Give me $80.
Watchlist!
Copper about to breakout? 👀
Michel retweeted
Why this is a big deal:
this mRNA therapy instructs the body to produce the specific fingerprints of the person's tumor and trains the immune system to hunt and kill it.
First time in a Phase 3 trial.
One way cancer grows is by hiding from the immune system and turning off attacking T-cells. This mRNA therapy provides the tumor's genetic fingerprint so that the immune system can train T-cells to identify the cancer. Keytruda then removes the brakes that cancer had put on the T-cells enabling them to eliminate the cancer.
Borrow USD -> Buy BTC
this dog might have a crystal ball
home.treasury.gov/news/press…
Rocket Lab > Boeing
A new domain opens up for RKLB.
And nice to see very high contract cadence by RKLB.
Kind of a big deal that Rocket Lab is now building satellite buses for geostationary satellites.
viasat.com/news/latest-news/…
Hopefully another one to be included in $KSTR
That's crazy. @aleabitoreddit called it...
Maybe there is hope for $tsla optimus.