Stephan Livera

Get ready. You can't buy insurance after the house has burned down. MacroScope @MacroScope17 12h A huge print is starting to come into view. We’re obviously not there yet, not even close, but the eventuality is taking shape. Traders should be developing a gameplan in advance -- things to keep on the screen and an understanding of historical precedent. Before a print

In 4 years, when you can run something like Opus 5.5 at home, what happens to all the GPU capex hyperscalers and neoclouds are doing right now? AI will still be transformative. The stocks tied to centralized inference might not be.

AI can cut the cost of white-collar tasks from $100k/year down to $20/month. GDP will paradoxically show less activity. Mises would call the difference psychic profit: the subjective gain you receive even as the monetary transaction shrinks. Watching GDP to see if AI is

Mining Bitcoin With the Heat You Already Use | Alex Busarov SLP787 @alex_heatbit of @heatbit_com explains why his Bitwater element mines bitcoin all year, and where the payback, hashrate and halving risks sit. Timestamps

Stop Tokenizing Apple Shares | Paolo Ardoino SLP786 @paoloardoino of @bitfinex explains why tokenizing Apple shares is not innovation, from exchange OPSEC and Lightning physics to emerging-market securities and AI-era attacks. Timestamps