AGI is the dream that supports the surge of US stocks.
Is it possible for this dream to be realized in 50 or even 100 years?
The benefit is that no one can disprove it. Suddenly, I feel that the story told by the funds bullish on AI in the US stock market is too great in terms of creativity.

In a Bear Market, I feel allergic to the following words; I want to vomit just hearing them:
Flywheel, Spiral, Double Click, Critical Hit, Surge, 10x

Getting a Hong Kong card is simple, but the most important point to remember is:
Absolutely do not use HSBC, Standard Chartered and other banks to receive funds from the crypto world, you will eventually get your account banned!
These banks are great and should be cherished; they are essential in certain scenarios.
You can use payment methods like ZhongAn and MOX, and then even enter the stock market and come out later to go to HSBC.

As an old sucker, this bear market is obviously different:
1. In the past, altcoins were essential for bottom fishing, but this time everyone is completely uninterested.
2. In the past, there were people investing in the top 100 altcoins by market cap, but now no one dares to.
3. In the last bull market, no matter how badly BTC dropped, those who bought the dip were very optimistic about the future. This time, many old OGs have sold the BTC and ETH they held for many years.
4. In the past, the cryptocurrency space was a huge innovation; now, AI is the innovation of a civilizational level.

After driving a TSL, what I once thought was cool, like a Bentley, now feels like a carriage that is just decorated very luxuriously.

I found something particularly interesting: having chatgpt and gemeni debate some questions I care about, letting them each provide their proposals, and then repeatedly critique each other's proposals. I noticed that at the beginning, they were very polite and absorbed from each other.
However, after discussing several times, both sides will get heated, start to launch personal attacks against each other, and begin to mock some of each other's decisions.

Someone in the country should create an app called True Knowledge.
Just create a Zhihu that doesn't allow storytelling.
Let Zhihu return to zero.
Every answer below is a pile of fabricated stories, mocking those who already have little knowledge.

After 519, the crypto world depeg policy
Short-term bearish, long-term bullish
It's just a pity that the fruits of labor are handed over to others.

When I have a good outlook on a project, I tend to be overly optimistic.
So now I generally have a good chat with several AIs about a particular asset I want to heavily invest in. I let them all pour cold water on me, but I require their arguments to be reasonable and well-founded.
Until the end, the AI said to me, "You are amazing!"

Why is the expansion of USDC beneficial for the American debt? Is it even a necessary path? (Simplified version)
In essence: USDC = the United States outsources the "minting power" of the dollar system to the global market, allowing the world to voluntarily help it bear the demand for dollars, thereby prolonging the dollar hegemony and debt cycle.
1) USDC = Uncollateralized US Dollar demand machine
As long as the world is willing to hold USDC, there will be buyers for U.S. Treasury bonds.
Because for every 1 USD of USDC issued, an asset worth 1 USD (usually US Treasuries or short-term debt) wi

Under the pressure of US Treasury bonds, what is being supported is not stablecoins, but CIRCLE.
The GENIUS Act passed in 2025 has been effective at the federal level since July.
1. Only "payment stablecoins" (USDC) are recognized, the random coins you have are not recognized.
Focus on Payment + Settlement Function
Explicitly classify it as a digital asset, not a digital currency.
The pile that involves investment and financing / profit distribution / algorithm adjustment is all off the "main path."
Only the model of "I give you 1 dollar, you give me 1 stablecoin, and I can exchange it back an

IBKR is particularly difficult to use, but the benefit is that it makes people hesitant to open it, which leads to diamond hand.

I transferred all my stock positions to CRC in the evening.
All in done, feeling good, average price just over 70.
If it drops to 30 in the future, I will take another shot, but I won't have any bullets left.

If you could only choose one of the following targets for a Heavy Position over 20 years, which one would you choose?
NVIDIA: AI has just begun, and the demand will continue to grow.
GOOGLE: The Hexagonal Warrior of the AI Era
Bitcoin: A New Choice Against Fiat Currency Inflation
CIRCLE: Longing for the new era digital dollar, longing for dollar hegemony

After all these years, humanity has still not moved beyond the three vices of gambling, drugs, and prostitution, among which gambling is still the quickest way to make money.
The most dominant forms in the crypto space right now are: CEX, DEX, PREP DEX, and prediction markets.

the past year
USDT increased by 51B, reaching 184B
USDC increased by 37B, reaching 76B
In 26 years, with the implementation of the bill, the scale of USDC will exceed that of USDT.
#Investment Memo

If you are at work or were at work in the past
May I ask, were you making money with your brain or your physical strength?

Gold, stablecoin, Bitcoin represent three futures.
Gold: China is attempting to create a new monetary system based on gold rather than the US dollar.
Stablecoin: The new weapon for globalization of debt by the United States, a weapon for the new phase of the US dollar.
Bitcoin: The strongest weapon against the continuous issuance of fiat currency.
Holding a few of these three will determine many future matters.