Inflation's cruel hand,
Steals from pockets unseen, vast,
Society frays thin.
If you aren’t watching the NFL Toy Story Funday Football game you are missing an early glimpse into the future. There are definitely glitches, but the tech is only going to get better and is going to open up much more innovative ways for producing and consuming content. Market size will explode 📈
I’m zapping good posts with hashtag #proofofwork
Easy money, hard life.
Hard money, easy life.
Think we need a new term instead of giving pills to kids…
Sats / ribeye
Take 30 minutes you were going to be scrolling socials and instead read a physical book during that time, will do wonders
Book of the day:
Make cash flow investing great again
Sauna and RHR vibes
Fiat is attacking from all sides. Resist
In a world that is only speeding up and becoming more connected, there is an edge in slowing down and separating from it all
Spray and pray model is dead, "VCs” not yet aware
Most of the world is asleep at the wheel
Real time deepfakes are here: https://github.com/facefusion/facefusion
General extrapolation of the fact that despite approaching a billion dollars of revenue, they are burning a shitload of cash on an operating cost basis, but then if they do start to approach some level of profit (EBITDA), it will be more than offset by the massive capital requirements of the business (GPUs -> capex -> depreciation and amortization in their income statement, hence EBIT will be negative). it’s obviously some speculation, but I think margins will erode and will be tough to compete with free models provided by open source, so I think the headwinds will only increase
OpenAI will never make positive EBIT. Few understand this.
my favorite communications with founders are the late night ones. always a lot of embedded signal there.
fiat companies are already dead and dying, but their knowledge of such is not evenly distributed