one thing that i have been thinking about is how the US equity market is truly abnormal, not the norm, to put such a premium on multiples and such high margins - and with AI commoditizing knowledge and the new ex-US rise, it makes me wonder how trad markets will start to price this ; we are starting to see this with software stocks coming down - but with china cutthroat culture comimg to the world, i wonder how ex US will evolve in the coming decade

The scale here is actually hilarious when you think about it
SF covers *forty-seven* square miles
That's space for roughly 12 Tesla Gigafactories, or *every* major auto plant in Michigan combined
BYD's new complex will be so vertically integrated that lithium ore walks in one  x.com/ShangguanJiewe…

Ole Lehmann

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Ho Chi Minh City is officially entering a new phase in its digital finance development strategy as the Ho Chi Minh City Digital Asset Investment Fund is launched with the ambition to reach a scale of 1 billion USD in subsequent phases...

Ho Chi Minh City launches a $1 billion Digital Asset Fund, aiming to become a "financial hub" for investors.

Original article | Odaily Odaily(@OdailyChina)
Author｜Azuma (@azuma_eth)
In 2014, CZ, who had only been exposed to the concept of cryptocurrency for a year, made the most daring investment of his life—selling his apartment in Shanghai and "All In" on about 1,500 BTC for a three-figure price. Twelve years later, if CZ had never sold, this investment would have brought in a substantial profit of hundreds of millions of dollars (peak return of about $189 million).
Compared to the later establishment of Bina...

The day CZ missed his best investment, Crypto missed out on AI.

BitMEX co-founder Arthur Hayes publicly spoke to Multicoin Capital on the X platform [...]
The article, "Arthur Hayes Bets on Multicoin Founder: HYPE Will Outperform All Altcoin in Six Months with a $100,000 BET," was originally published on BlockTempo, the most influential blockchain ABMedia media.