Bitcoiners may feel rugged, but zoom out: the U.S. sees stablecoins as a route to dollar dominance, making everything else in crypto secondary. Bitcoin doesn't need them; the stablecoin industrial complex does. Bitcoin doesn't need anything from these people. But the stablecoin industrial complex (every major bank wants in) needs them badly. So, incentives were always going to align. I don't think this means the Bitcoin Reserve idea is dead, but it does mean it's taking a back seat to what they think is the "bigger picture."

Are you enjoying the cheap seats? I think people have the wrong perspective on the recent dip. Considering a global trade war is heating up, the Memecoin bubble is collapsing, stagflation is setting in, and AI money is slowing down, Bitcoin is doing great. But the bumpy ride is far from over, and I explain why in today's This Week in Bitcoin: https://www.thisweekinbitcoin.show/episodepage/48 Grab it in your app of choice: https://episodes.fm/1733733790/episode/NjgzOTQwNTItODc4My00OWQxLTlmYzEtMmI1MmQ0NTAzNmRi

Podcast: How the Memecoin Casino is Impacting Bitcoin https://www.thisweekinbitcoin.show/episodepage/bitcoins-two-roadblocks_638755941882944588 originally posted at https://stacker.news/items/891071

Have you ever wondered why Bitcoin tends to sell off on news of higher inflation - when it's supposed to be the greatest inflation hedge ever? I get into that and a lot more this week, enjoy! https://www.thisweekinbitcoin.show/episodepage/why-bitcoin-sells-when-inflation-goes-up_638749855507515104 Player of choice: https://episodes.fm/1733733790/episode/ZTUzZTVlODItMWU5MS00YjMxLWJlMmQtZDE2Y2EwZjE2YzU5

I've been a little quiet over here, heads down on today's episode of This Week in #Bitcoin. All the Bitcoiners following the Fed, or looking historical cycle charts are in for a big shock. There's a new boss in town! Catch today's episode here: https://www.thisweekinbitcoin.show/episodepage/45 Or in your favorite podcast app: https://episodes.fm/1733733790/episode/MTc2NWNjZTMtZjEwYS00ZDEyLTlmYTctYTYwZDMzYWMzZTk0

We're recording episode 600 of LINUX Unplugged today! We'll be live in just under 3 hours from this post. Join us over in our #nostr chat at:

Jupiter Broadcasting

Live Stream | Jupiter Broadcasting

Independent coverage of Linux, BSD, Open Source, System Administration, Information Security, News, Software Development and Discussion.

🎉 It's out a bit late so I could slip in the latest news, but a fresh This Week in Bitcoin is out, and I'd love it if you checked it out. I recap why the Bitcoin community declared war on Ripple/XPR this week, why I think Trump is walking into an economic trap and much more! On Fountain:

Fountain

This Week in Bitcoin • Strategic Ripple War • Listen on Fountain

Why many Bitcoiners went to war with Ripple/XRP this week, the Fed policy's impact on Bitcoin post-Q1, and why I think Trump is walking into an eco...

On the web: https://www.thisweekinbitcoin.show/episodepage/44

Nearly $1.5tn in stock market value wiped out today on the news of DeepSeek being cheap. And people say Bitcoin is risky. 🤣

The hits keep coming when the market is already down! 📰 JUST IN - Chinese DeepSeek AI launches multimodal "Janus-Pro-7B" model with image input and output. "This new model beats OpenAI's DALL-E 3 and Stable Diffusion across GenEval and DPG-Bench benchmarks." It's already posted, too:

deepseek-ai/Janus-Pro-7B · Hugging Face

We’re on a journey to advance and democratize artificial intelligence through open source and open science.

And it's also under the MIT License. The market might be taking a beating on this news, but in the long term, this surely only increases competition, right? I'm already hearing talk of "AI's Sputnik Moment." Chances are, in my humble opinion, that in the long term, this only serves to pump the AI bubble harder and faster. What do you think?

Hey look a surprise Bitcoin sale! It's a blood bath out there today. As I post this: - NVIDIA shares dropping like a stone. Last down over 16%. (NVIDIA has erased more than -$600 BILLION of market cap today.) - Microsoft almost down 4% - Google almost 3% - Taiwan Semi Conductor down 14% - Oracle down almost 13% Not everyone is down tho... - META up 1.46% and Apple up 2.25% The only two in the bunch. Both of whom have focused on open source / local AI. It's all in reaction to DeepSeek exposing how much waste has been going into US AI projects. DeepSeek is ~96% CHEAPER than ChatGPT. - Cost of OpenAI o1: $60.00 per 1M output tokens - Cost of DeepSeek R1: $2.19 per 1M output tokens And, again DeepSeek R1 is MIT Licensed. Total panic at the tech companies and the wider market today. And they should be. I have been trying out DeepSeek R1, locally on my LAPTOP - and it works great. And fast. This is a win for open-source.