Today’s Nuggets
You Waited 4 Years for the Next 4 Months
Trump: “BTC Is Most Important Investment!”
Jeff Walton on MSTR SPX Inclusion
Carl Menger Thinks MSTR is In
Kraken Secures MiCA License in Ireland
Tesla to Start Producing Tesla Semi
Sam Altman’s Ticking Time Bomb
NVDA up 83% in 81 Days
Grok Supremacy Incoming
Karma is a Cruel Mistress
We have tons of fun stuff to cover today.
Let us jump into the story of what happened this week.
Here is our dashboard of crypto over the last seven days, and you can see everything is kind of boring.
However, it is different when viewed in terms of fiat...
Bitcoin is up 4%, which is not bad.
Solana beat Bitcoin by 3%. ETH fell below Bitcoin. Sui is down. Everything else is kind of green. It is not that much dark green, though, which means everything is steady-eddy for now.
We experienced one of the most revolutionary moments in the history of the world, where transportation is set to be completely automated, and Tesla is down 1.37%.
You cannot make this stuff up. Thank you, mainstream media, for keeping the prices low for us so we can stack. We are very grateful.
Nvidia is up nearly 8.5%. They make the chips that make what Tesla does possible. That is where the real value accrues. Nobody gets that. The multiples on Tesla for the value that they create must be many multiples of the market cap of NVIDIA, which is $3.8 trillion.
Again, the markets are not rational, so I sit back and enjoy positioning myself for the time when they do become rational. The cream does float to the top eventually.
Amazon is up 4%. Microsoft is up 2.6%. We will talk about Microsoft, Meta, and Google today. Apple, we will not cover because, as far as I am concerned, they are a zombie.
Here is a bit of crypto news before we get into the Bitcoin news.
This is the number of transactions per blockchain. Stacks, which nobody uses, has more users than Cardano. I have been making fun of Cardano since 2021 and continue to do so because
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