Major Duffles 🍌💧

Printing Just A Little Bit I’d say we are roughly at the 2 minute mark …

Ya’ll sold?!??

Just left a late lunch with some of the brightest minds on this planet. people at the frontier of chemistry, medicine, security, biotech, thermodynamics, finance and co. I’m impacted psychologically from this gathering more than any other meeting I ever had in my life, in Silicon valley, in East Coast, in London, in Singapore. We all came to the same uncomfortable conclusion… tech reached a point where AI can already do better research than the best humans in every science and area. We’re getting defeated… it doesn’t feel gradual anymore. Today is a moment that I personally switched on how I’ll see this world for both me, the earth and our children.

Make 2 or 3 good investment decisions a year max Buy irrational panic on quality assets Occasionally harvest euphoria Ignore the charts in between. Rest of your time build family, work your craft, and max out vitamin D levels Also oysters. Most people overlook this part. Slug loads of oysters whenever the opportunity arises. + Une bouteille de Chablis Finish with beef tartare for optimal results. Do this and you cannot fail.

58k gang waking up after being declared dead for the 69th time.

⚡️The middle class is where the system hides its extraction because the middle class still believes obedience will be rewarded. The poor are visibly dependent. The rich are structurally insulated. The middle class is trapped inside the moral contract of responsibility. Work hard. Pay taxes. Buy insurance. Save for retirement. Don’t cheat. Don’t default. Don’t complain. Don’t take too much. Don’t fall behind. Keep your credit clean. Keep your kids on track. Keep your career moving. Keep the mortgage paid. Keep smiling. Then the system taxes that obedience. The middle class is easy to extract from because its income is visible, its behavior is predictable, and its fear of falling is powerful. W-2 income can be captured before it ever reaches the bank account. Property taxes attach to shelter. Healthcare attaches to employment. College aid disappears once income crosses thresholds. Tax credits phase out. Professional licensing, insurance, childcare, commuting, housing, and retirement all become toll booths. The rich escape through structure. The poor survive through assistance. The middle pays retail. That is why it feels like the most expensive place to live. It is the zone where you make enough to be denied help and not enough to buy freedom. You are too “successful” for sympathy and too exposed for security. This is also why the middle-class anger is going to grow. These people are the stabilizing class. They follow rules, raise kids, pay bills, fund municipalities, staff companies, buy homes, carry insurance pools, and keep institutions functioning. When they start realizing the bargain no longer compounds, political trust breaks hard. The deepest betrayal is that income stopped being the path to safety. Asset ownership became the path to safety. The middle class earns income to buy assets, but asset prices keep moving away because monetary policy, debt, housing restriction, financialization, and investor demand pushed the ladder higher. So the worker runs faster while the asset-owner floats. That is the hidden class split. The middle class is not poor enough to receive the system’s mercy and not rich enough to command its architecture. It is the payer class. The compliance class. The full-price class. Bottom line: The middle class is expensive because it is where responsibility gets monetized. The system extracts most efficiently from people who still believe playing by the rules will save them.

An Austrian Tongue Choir from the Alps region of Tyrol sings ‘Moscow Nights’ with their tongue in a 1982 performance. If not for the Internet, we’d never know music videos like this existed.

💯

AGI has been achieved internally. Episode dropping tomorrow.

The crew at the Sydney meet up today! 🚀

Been thinking the last few hours, you can’t overstate how much social media has fueled political polarization. Algorithms feed us media/content that causes a reaction. In times like this, I’d like to think there’s more common ground than it seems. The algos are tearing us apart.

Toast

Estimates from Goldman, UBS, Morgan Stanley, and Elon on humanoid robot sales over the next 10 years: Been following this space more closely recently, becoming my highest conviction theme behind BTC/gold. The future is sci-fi. Get ready to speak beep beep boop bop buddy.

Good God, what is happening here. Just bang already.