#bitcoin is priced somewhat accurately relative to liquidity (blue line). What is not prices accurately is #stocks (orange line). Bitcoin is just functioning as it should.

#IRS firings. MOAR PLEASE

#bitcoin now above neutral and into the stack harder phase. My guess is we visit stay here a couple months a chop then rip down to the overheated once more. 4-5 months of chop?

Buying #bitcoin with debt

Found an old invoice for 4 new tires and labor on my Ford Ranger back in 2010….grand total was $364. That would be at LEAST $1,000 today. #inflation

Gold vaults for ETFs are about to have their FTX moment

If you know an #eth bag holder give them a hug in these trying times….

And whisper in their ear “I told you so”

How Jevons’ Paradox Might Apply to DeepSeek and AI

DeepSeek R1’s advancements, especially in efficiency, seem poised to reduce the computational (and thus financial) cost of running AI models. On the surface, this suggests a reduction in the demand for high-cost resources like GPUs. However, when viewed through the lens of Jevons’ Paradox, a very different scenario could unfold:

1. Lowered Costs Drive Greater Adoption
• DeepSeek’s Efficiency: By reducing the cost of training and inference, more companies, industries, and even individuals could afford to deploy AI models that were previously out of reach.
• Outcome: The cheaper it becomes to operate AI models, the more widespread their adoption becomes, leading to increased aggregate demand for GPUs, even if the demand per individual task decreases.

2. Expansion into New Use Cases
• As efficiency reduces costs, AI can expand into applications that were previously uneconomical or infeasible (e.g., localized AI for small businesses, real-time applications for underserved industries, or consumer-level deployments).
• This would multiply the number of people and companies using AI, resulting in an explosion of new AI workloads.

3. Increased Competition in AI Applications
• With AI becoming more affordable, competitors in various industries (from healthcare to finance to retail) will need to adopt it to stay competitive. The race to leverage AI tools might lead to companies over-utilizing GPUs to improve their models faster.
• This increased competitive pressure could escalate resource consumption overall.

My 4yr old’s favorite toys are a calculator and a timer. Pretty sure he’s going to be a #bitcoiner

Somewhere out there someone is calling #bitcoin a ponzi while cashing their social security check

If a corporation drone says “happy holidays” I make it a point to say “Merry Christmas”. BECOME UNGOVERNABLE

Dollar up big and everything else down