The central-planning enthusiastic bank bureaucrats have long worked against crypto via numerous harsh and highly anti-competitive regulations. Now, it seems they have to pivot course following stablecoin initiatives in the US, Japan, and other nations. "Central bankers ought to be more humble," I wrote two years ago. Not long ago, experts claimed the internet would have the same modest economic impact as the fax machine. Then they declared Bitcoin and crypto currencies as worthless... But did you know they even tried to ban the number zero back in the day? #sweden #riksbank #bis #crypto

The EU's von der Leyen appears to be setting up her own CIA. This appetite for control and surveillance becomes largely understandable when you realise that fiat leaders such as the UK's Keir Starmer, France's Macron and Germany's Merz are just about as popular as The Black Plague. The last time I calculated the net approval rate (net balance) of Starmer he was actually a smidgeon less popular than the Black Plague...

Have you noticed how new laws eroding privacy always follow a tired script? Politicians invoke the "four horsemen of the infocalypse" to scare us into accepting surveillance "for the children" or "for security". The reality is, neither our kids nor the public get any safer, just less free. Full piece! ↘️ View Article →

Is AI everywhere? We have: - AI in phones - AI in cell towers - AI in data centers - AI in space... In Sweden, we even have AI terrorists!

🇸🇪🌩️🤔 Ekonomidags avsnitt 74 UTE NU! Tema AI: - Uberchaufförer ska träna AI - tecken eller järtecken? - Nvidia investerar i Nokia - vad är "AI-RAN"? - Datacenter i rymden och "batteripass" i EU. Vad är det egentligen som pågår? #ai #nvidia #nokia #sverige

Fountain

Ekonomidags • 74. Tema AI-nyheter med gäst Rasmus • Listen on Fountain

Rasmus Nordström som till vardags arbetar operativt med AI-implementeringar gästar podden och diskuterar fyra nyheter på temat!Hoppas ni uppskat...

OpenAI lost ~$13 billion in the last quarter, but plans to spend $1400 billion more on "compute". When Sam Altman is asked about this by one of his investors, he becomes defensive and starts attacking short sellers (who aren't even present, and can't be). Is it because things are going so well that OpenAI are seeking guarantees from the US government to more easily finance its enormous projects? And Nvidia seems onboard with this kind of begging (presumably for geopolitical reasons), given the recent statement by NVIDIA CEO Jensen Huang. According to Michael Cembalest at JPMorgan, AI has been responsible for 90% of the growth in S&P 500 capex since ChatGPT was launched. What happens to the US economy if the AI wave starts to falter? The Mag-7 companies comprise almost 40% of the S&P500. The credit risk in Oracle (5y CDS) is already at its highest in a couple of years. Also: isn't it strange that Meta is making AI investments off its balance sheet? I remember how banks and financial institutions thought they were oh-so-clever with SPVs and other off balance sheet shenanigans before the great recession in 2008. However, accounting tricks can only be taken so far. The risk is still there. Apparently Palantir trades with a forward PE ratio of ~240. As always, fun times in the fiat world!

🇸🇪🌩️🤔 Ekonomidags avsnitt 73 UTE NU! - Anställda hos Clas Ohlson får sänkta löner, medan VD:n badar i bonusar - Tokeniseringen av "allting" har börjat, enligt munter BlackRock-VD - Vad är tokenisering? Och varför är Larry Fink så glad?

Fountain

Ekonomidags • 73. Tokeniseringen av allt (feat. en glad Larry Fink) • Listen on Fountain

Trevlig lyssning!Donera månadsvis: www.underorion.se/stottaSwish: 123 696 24 43För att skriva lyssnarbrev, ställa frågor eller annat så använ...

#liberalism #blackrock #tokenisering #nft #sverige #tokenization

🇸🇪🦁🇦🇷 Ekonomidags avsnitt 72 UTE NU! Återbesök av Sveriges kanske främste Argentinakännare: - Vad händer i Argentina? - Var är guldet? - Vaknar några lejon? - Och hänger det senaste räddningspaketet ihop med skifferoljan i Vaca Muerta? Lyssna där du brukar! #sverige #podcasts #argentina

Fountain

Ekonomidags • 72. Tema: Återbesök Argentina med gäst Bengt Svensson • Listen on Fountain

Argentinakännaren Bengt Svensson återbesöker oss, tar oss igenom allt som har hänt i Argentina senaste året och svarar på alla våra frågor!...

Serious IT problems have once again affected large parts of the internet (Snapchat, WhatsApp, Signal, etc.). Last year it was due to CrowdStrike, this week it was due to Amazon outages. "Wherever something is wrong, something is too big", Leopold Kohr wrote in 1978 - an idea worth revisiting. View Article →