What are you prepared to do?
There are two futures facing us now: one is spider capitalism, and the other is crypto capitalism.
Sun Ge travels the world, discussing AI or nuclear fusion, all for the sake of greatly increasing his personal capital
Peter Thiel is "Western," capitalist, and his core aim is to maintain the hegemony of Western civilization
AI fuels bubbles, moral criticism is worthless, the key is how to deal with bubbles and utilize them, a16z Viewed as media, globalized expression generates emotional resonance, thereby securing control over hot topics and issues. Understanding this is crucial to comprehending a16z's long-term bet on SocialFi: they could invest in 99 projects and none would make money, but they absolutely could not miss out on the one that would. AI-powered tools—reading, writing, editing, and even publishing and managing—have drastically lowered the barrier to entry for individuals, to the point where marginal costs are practically zero. Individuals have become part of a vast network of agents. Musk has long been adept at leveraging this media influence. He is Tesla's media, Sun Ge is the media for TRC-20 USDT, and Peter Thiel is the media for Western civilization. They are all one person, one person's media company. Daily tweets are as important as SpaceX's exhaust plume; the desire to express oneself is the propellant for exploring Mars. Furthermore, the relics of this AI bubble have been locked in advance: AI Coding/Vibe Coding has become commonplace. Even if GPT-5 is not entirely satisfactory, Kimi K2 is sufficient. Image Description: A New Wave of Layoffs Image Source: @Layoffsfyi Entrepreneurship is becoming increasingly personalized, or rather, gang-like. The pinnacle of traditional hierarchical systems is not the administrative system, but the KPIs and 996 work schedule of large companies. The fact that humans are less efficient than GPUs is becoming increasingly real. The Luddite movement targets large machines, and smashing GPUs will not damage Nvidia's five trillion dollar company. This doesn't mean humans are being forced out of the workforce by AI and reduced to cyberstreet vendors. Rather, it means humans are coordinating the production system under AI. This is a process that requires a price, the price being the labor of humans. Media and code are becoming cheaper man-made natural resources than air and water. Everyone must learn to coexist with them, and the crypto industry happens to excel at this. Conclusion: Super-individuals, AI Agents, another wave of mass entrepreneurship. Starting with Peter Thiel's critique of capitalism, we see the stumbling of industrial and financial/information capitalism. While AI capitalism may still be convincing, crypto capitalism is still in its infancy. Cryptography is, in essence, a reshaping of capitalism's core concepts, its programming, modification, and misuse. In the AI era, with a double surplus of capital and industrial goods, crypto experiments are no less significant than aerospace or nuclear fusion. Crypto practitioners, especially entrepreneurs, need to manage the relationship between media and code effectively, and use new productivity architectures and systems to defeat competitors—this is not far off. Giant waves, giant waves, ever growing! Encrypt! Encrypt! Quickly muster your strength and shoulder the responsibility for the rise and fall of AI!
Coincheck is now the first Japanese crypto exchange listed on the Nasdaq, raising substantial capital through its IPO. The company plans to use the proceeds for acquisitions, aiming to expand its presence in the U.S. and Japan's crypto markets.
AnaisMicrosoft shareholders overwhelmingly rejected a proposal to add Bitcoin to the company's balance sheet, with only 0.55% in support. The board expressed concerns about Bitcoin's volatility, despite acknowledging its potential as an inflation hedge.
WeatherlyPresident-elect Donald Trump has pledged to make the US a leader in cryptocurrency, declaring, “We’re going to do something great with crypto” after ringing the NYSE bell. But can he turn this promise into action or is it just rhetoric?
CatherineTaiwanese prosecutors are investigating the death of Miffy Chen, a leading crypto forensics expert, who died in a car crash on 4 December. Chen’s work helped law enforcement seize NT$9.3 billion in suspected illegal assets from 60 fraud cases this year. Her death prompts questions: was it an accident, or is there more to uncover?
KikyoThe American economy is divided between two contrasting visions: Joe Biden’s stabilising approach, focused on international cooperation and supporting the middle class, and Donald Trump’s bold reforms, driven by protectionism and tax cuts for the wealthy.
CatherineSEC Chair Gary Gensler has intensified scrutiny of Elon Musk, targeting Neuralink with a 48-hour settlement ultimatum. Musk responded with satire, portraying Gensler as a snail in a suit. Is this Gensler’s last move before his expected resignation?
KikyoThis initiative, funded by OpenAI and Microsoft, leverages nearly one million digitised books from Google Books to expand resources for AI training, advancing the use of public-domain literature in AI development.
CatherineWith TOMA’s launch just a week away, Telegram game Tomarket has pivoted from The Open Network (TON) to Aptos, a rival layer-1 blockchain. This unexpected move raises the question: is TON losing its edge?
CatherineOpenSea's Cayman Islands foundation has fuelled speculation of a token launch, with the NFT community hoping for an airdrop to reward early users. This comes amidst declining trading volumes and rising competition.
KikyoSuchir Balaji, a 26-year-old former OpenAI researcher, was found dead in his San Francisco apartment on 26 November, with authorities ruling it a suicide. Before his death, Balaji had been a vocal critic of AI companies' use of copyrighted material, raising concerns about the ethical practices of generative AI systems like ChatGPT.
Anais