"If anything, they're cannibalizing adoption and they're confusing people about Bitcoin that would be adopting Bitcoin." @npub1w69y...zltw on Bitcoin treasury companies.

"It's a fight club situation, right? The first rule of any of this is you don't talk about any of it publicly." -@JOHN ARNOLD We discuss: ⚡ The bond market doom loop ⚡ The AI trade hits a wall ⚡ The diesel squeeze into 2027

AI-related stocks now make up 49% of the S&P 500. That's above the peak of the dot-com bubble (41%) and Japan in 1988 (44%). Only the railroad mania of 1881 went higher, at 63%.

DeepSeek's latest Flash model scored 75/100 on Browser Use's long-horizon browsing benchmark, tying Anthropic's Opus 5.5.

"You don't have to create these false narratives about Bitcoin being digital capital or batteries. It's money." @npub1w69y...zltw on Bitcoin as money.

Anthropic cut the lag before Claude Code starts responding by 3x since August, from 4.07 seconds to 1.33. The fix: it now compresses the conversation it sends each turn, and cloud sessions spin up as soon as you start typing.

A video explaining how Anthropic's Claude solved a 25-year-old cryptographic mystery about the origins of the NIST elliptic curves.

Michael Saylor: "Bitcoin is up approximately 38% a year, every year." "Bitcoin is outperforming gold. Gold is outperforming the S&P index."

Investor Ben Narasin on Anthropic's growing revenue as it prepares for its highly anticipated IPO: "This is the fastest growing business in all of human history."

Court records reveal what it looks like when Telegram hands user data to U.S. authorities. A letter filed in a federal case shows Telegram providing a user's phone number, user ID, and IP address, signed off with "We hope this information will be helpful in your investigation." As of January, Telegram had provided U.S. authorities with data on 2,253 users, a dramatic shift after French authorities arrested CEO Pavel Durov in August 2024.

404 Media

Here’s What Telegram Giving Data to the U.S. Government Looks Like

Newly filed court records include a letter from Telegram to U.S. authorities in which the company shares user data following a court order.

A statue of Satoshi Nakamoto unveiled in Vienna, Austria.

Peter Van Valkenburgh's full speech at the 2026 Coin Center Annual Dinner. "A developer shouldn't have to risk indictment in order to know what the law means."

Coin Center's Peter Van Valkenburgh: "Our mission was never simply to get the government to say yes to crypto." "Will the law tolerate software that nobody controls, communications that nobody intermediates, computer programs you run yourself, transactions that no one has the unilateral authority to reverse? Those are the hard questions."

"We solved Navier-Stokes. We'll look back and say that was the worst intelligence we're ever going to have, solving a millennium problem." Jensen says the cost of intelligence will fall like Moore's Law, with a massive vacuum of opportunity waiting to be filled.

Jeff Booth on walking away from a successful career to bet on something new: "My friends asked me, my parents asked, what are you doing? You're doing well in real estate, you're doing well in building company, why are you giving this all up to start a dot-com company?"

Coinbase publishes article proposing a technical roadmap for Bitcoin's post-quantum security transition. "Coinbase believes that Bitcoin will continue to be the most trusted cryptocurrency in a post-quantum world." The company is pushing for quantum-resistant signatures, hybrid spending paths, and a migration plan for the estimated 6.7 to 7 million BTC held behind keys already exposed onchain. "Some questions, including how to handle abandoned or inaccessible coins, are difficult and deserve thoughtful debate. In our view, that discussion can continue alongside the technical work to add post-quantum signature support to Bitcoin." https://www.coinbase.com/blog/working-together-on-btc-post-quantum-readiness

BIP Explorer puts all 213 Bitcoin Improvement Proposals into plain English with a visual map showing how each proposal led to the next across Bitcoin's entire upgrade history.

Meta's secret weapon isn't the AI model, it's the flywheel. "You train a model, you then run inference on it, which is the tokens in, that recommendation model results in better content recommendations, it drives consumer engagement, daily active users' time spent, it translates to monetization and ads or subscription, which pays for the next model training run." Instagram Reels watch time up 30% YoY just from scaling the rec engine. "These scaling curves aren't just academic research. They're driving real product impact at scale for some of the biggest consumer businesses in the world." Rinse and repeat.

TimechainIndex just dropped interactive Bitcoin transaction flow charts. Explore inputs, outputs, labels, and UTXO ages with live search and zoom. Address and transaction tracer coming next.

"If you really got Iran on the ropes, got them down to last alternatives, there's a world where that optimizes for one final major kinetic push with nothing left to lose." @JOHN ARNOLD on why celebrating prematurely is dangerous.