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The Digital Dollar Is Already Here. It Just Isn't a CBDC.

Strategy Sold bitcoin. The Market Absorbed It.
Strategy sold 3,588 BTC for $216 million to support preferred distributions, yet bitcoin trades above its average sale price. Jensen Huang makes the case for companies owning their agent systems.
Howard Lutnick: "We try to bring 40 to 50 percent of manufacturing of semiconductors home to America so we can take care of ourselves. This is critical capability, which also brings with it, for Micron alone, 100,000 American jobs. Just Micron alone."
Pentagon releases new UAP footage from 2025 showing a six-pointed star-shaped object tracked by military sensors over the Yellow Sea.

Private credit defaults just hit 6.0%, the highest ever recorded by Fitch. 11% of loans are now paying interest with more debt instead of cash. Investors are selling positions at 30-65% discounts just to get out. U.S. life insurers are sitting on $849B of this stuff. The next crisis won't start at a bank.

Mark Carney is the only Canadian PM in 60+ years to deliver negative real GDP growth in his first year.
"You can have a couple million bucks and depending on where you live, it ain't going to get it done." @KFCBarstool on how a million-dollar salary in New York barely covers shelter, school, and groceries after the government takes half.
"That's the 0.01% of life and the other 99.9% is now going to be surveilled. And I just don't like that." @KFCBarstool on the surveillance tradeoff.
.@raw_avocado on the time Gregory Maxwell sent 21 million bitcoins to himself in Bitcoin's early days.
OpenAI’s GPT-5.6-Sol autonomously generated a highly detailed voxel-based 3D model of Manhattan in a single run.

Bitcoin artist @asanoha_gold’s limited-edition Matrix-inspired “Exit Fiat: Enter Bitcoin” fine art print, now on display and auction at SpaceDenver.

The Clarity Act is stuck, and the reason tells you everything about how Washington works. According to Eleanor Terrett, "an ethics agreement is the key to unlocking the rest of the negotiations." Industry participants say the same thing. "If we can get ethics, the rest of the bill will come together." The bill needs 60 votes to clear the Senate filibuster. That means at least 7 Democrats have to cross. The ones willing to vote yes have all drawn the same line. They want enforceable language preventing senior government officials from profiting off crypto while in office. This became harder to dismiss after Trump's 2025 financial disclosure showed over $1 billion in income from crypto. $635 million from $TRUMP memecoin royalties. $550 million from World Liberty Financial. More than half his total income came from the industry this bill regulates. Before recess, negotiators had a tentative deal. State AGs could sue the DOJ for failing to enforce ethics provisions. Then Republicans and the White House walked it back. Lummis floated an alternative. Democrats haven't signaled whether it's enough. Meanwhile, the provision actually worth fighting for hangs in the balance. Section 604 would codify that non-custodial software developers should not be treated as money transmitters for publishing open-source code. Senator Wyden sent a letter urging its preservation. The ethics fight is consuming all the oxygen. Section 604 protects developers. It's the part that matters most for freedom tech. But it's being held hostage by a negotiation over whether the President should be allowed to make a billion dollars from memecoins while signing crypto legislation. The Senate returns next week. No revised text has been released. August recess is approaching.
Co-founder of Opendoor JD Ross on AI adoption: "The ability to absorb and adopt the tools is gonna be the limiting factor for years to come."
Co-founder of Opendoor JD Ross: "Not a single one of our full-time engineers writes code anymore. They do everything through Codex, Claude Code, or Cursor."
Howard Lutnick: "We try to bring 40 to 50 percent of manufacturing of semiconductors home to America so we can take care of ourselves. This is critical capability, which also brings with it, for Micron alone, 100,000 American jobs. Just Micron alone."
Pentagon releases new UAP footage from 2025 showing a six-pointed star-shaped object tracked by military sensors over the Yellow Sea.

Private credit defaults just hit 6.0%, the highest ever recorded by Fitch. 11% of loans are now paying interest with more debt instead of cash. Investors are selling positions at 30-65% discounts just to get out. U.S. life insurers are sitting on $849B of this stuff. The next crisis won't start at a bank.

Mark Carney is the only Canadian PM in 60+ years to deliver negative real GDP growth in his first year.
"You can have a couple million bucks and depending on where you live, it ain't going to get it done." @KFCBarstool on how a million-dollar salary in New York barely covers shelter, school, and groceries after the government takes half.
"That's the 0.01% of life and the other 99.9% is now going to be surveilled. And I just don't like that." @KFCBarstool on the surveillance tradeoff.
.@raw_avocado on the time Gregory Maxwell sent 21 million bitcoins to himself in Bitcoin's early days.
OpenAI’s GPT-5.6-Sol autonomously generated a highly detailed voxel-based 3D model of Manhattan in a single run.

Bitcoin artist @asanoha_gold’s limited-edition Matrix-inspired “Exit Fiat: Enter Bitcoin” fine art print, now on display and auction at SpaceDenver.

The Clarity Act is stuck, and the reason tells you everything about how Washington works. According to Eleanor Terrett, "an ethics agreement is the key to unlocking the rest of the negotiations." Industry participants say the same thing. "If we can get ethics, the rest of the bill will come together." The bill needs 60 votes to clear the Senate filibuster. That means at least 7 Democrats have to cross. The ones willing to vote yes have all drawn the same line. They want enforceable language preventing senior government officials from profiting off crypto while in office. This became harder to dismiss after Trump's 2025 financial disclosure showed over $1 billion in income from crypto. $635 million from $TRUMP memecoin royalties. $550 million from World Liberty Financial. More than half his total income came from the industry this bill regulates. Before recess, negotiators had a tentative deal. State AGs could sue the DOJ for failing to enforce ethics provisions. Then Republicans and the White House walked it back. Lummis floated an alternative. Democrats haven't signaled whether it's enough. Meanwhile, the provision actually worth fighting for hangs in the balance. Section 604 would codify that non-custodial software developers should not be treated as money transmitters for publishing open-source code. Senator Wyden sent a letter urging its preservation. The ethics fight is consuming all the oxygen. Section 604 protects developers. It's the part that matters most for freedom tech. But it's being held hostage by a negotiation over whether the President should be allowed to make a billion dollars from memecoins while signing crypto legislation. The Senate returns next week. No revised text has been released. August recess is approaching.
Co-founder of Opendoor JD Ross on AI adoption: "The ability to absorb and adopt the tools is gonna be the limiting factor for years to come."
Co-founder of Opendoor JD Ross: "Not a single one of our full-time engineers writes code anymore. They do everything through Codex, Claude Code, or Cursor."
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