BUILD COMPLIANCE COURTS

“I thought you were gonna go down a different rabbit hole, the tail emission rabbit hole where you don't change. You know, freeze the coins. They're out of circulation, but just put them back into, the you know, they can be mined over the next, hundred years. I mean, it actually should be that. If I could actually pick one, it's we fixed the the long term revenue problem.”

“The SEC came out with new guidance this week, specifying that DeFi front end such as Uniswap that expose users to tokenized securities, they don't necessarily need to register as broker dealers as long as they don't monetize the order flow or offer investment advice or take custody of user funds. Yeah. This is the most actually, I think it's the most sensible SEC policy I've ever seen. And we achieved it without clarity. So good things are possible without legislation.”

“The government the government saves us. I know it's not a very Bitcoin. So only the US government can save Bitcoin. They have to appoint a court appointed, solver, someone who does the salvage, and, kinda like salvaging a shipwreck. And so this firm would get exclusive rights to salvage Bitcoins or consortium of firms. They would get a finder's fee but not ownership. The coins themselves would go into a trust that is claimable by Satoshi or others if they prove belatedly that they mined the coins.”

“I really like this Hyper Liquid piece by Colossus this week. But this piece was written by Dom Cook, and it's a full profile of Jeffrey Yan, the founder of Hyper Liquid. What an incredible story this guy had. I mean, it seems like he was grinding like no other. At one point, the piece, they say he worked fourteen hours a day when he was building it, clocking a hundred hours a week. His fiance was living with him in Puerto Rico, but for the first year, she was only allotted thirty minutes of his attention the trading algorithms.”

“Leo Ashbrenner. Like, I he might be from a different planet. I mean, I figured out why he's so good at trading stocks. It's not that he's a time traveling Hapsburgian vampire from the sixteen hundreds, so I did think it was that. His fiancee is the chief of staff at Anthropic. She is the best models, first of all, so that's very unfair. Second of all, he knows who Anthropic is buying compute from. So why is his trades are incredible. He took this fund from 500,000,000 to over 5,000,000,000 in a a year and a half.”

“The purists if you were a purist, you should be disillusioned by now because Bitcoin does have these big corporate influences and MicroStrategy is getting on their way to a million coins and the government has a Bitcoin reserve and these people kinda cheered for that. So I don't I think Bitcoin has selected for people that are actually not purists anymore. And so I think even the hardcore ideologues, you know, they're gonna be sitting at the kitchen table and their wife's gonna be like, so our retirement's in Bitcoin. Right?”

“There's a kind of a scandal developing in Miami. So it's like a multibillion dollar project. It was meant to be done years ago. Now it's been extended to 2029. Huge boondoggle. Colossal boondoggle. And the the, bridges are cracking. The concrete isn't good. And at the same time, they built an entire stadium for the World Cup in under a year. So here's the puzzle, Matt. If they can build a whole stadium in one year, why is it taking them ten years to build the bridge?”

“So the ETFs, they probably won't give you they won't sell off either coins and give it to clients. They'll just, that'll be their own balance sheet, the sold off losing fork. Because I think if I'm in big asset manager, I'm just rejecting a fork out of hand that doesn't freeze the coins because it's too risky. So I think they'll actually just act like it doesn't exist.”

“There is a Hollywood movie coming out. I mean, this is the most baffling thing I've ever seen because this is there are serious a listers in this movie, but it appears to be in support of Craig Wright's ambitions. Bitcoin, it's just called Bitcoin, is the true story of one man's quest to prove that he is in fact the the creator of Bitcoin, a claim that puts his life in peril and sets off a global firestorm. So this is in the tank for Craig Wright. Craig Wright is the one man on Earth who has been officially designated as not Satoshi by a court of law.”

“Here's what I think we need. We need a chancery court of blockchains. So why is Delaware the go to state or at least used to be for business disputes? Because they have specialized courts that are fast for corporate disputes. What about a court that is digital that's on chain? So this would be something that Circle would voluntarily submit to. This court agrees to monitor the blockchain twenty four seven. It's not a real court with it doesn't have jurisdiction anywhere. And it makes pretty snap decisions.”