Exploring the intersection of macro trends, Web3/DeFi, AI, and the dynamics of our exponential age
Joined May 2025
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₿ennyC retweeted
I'm buying the dip.
AI is not going anywhere.
There's no such thing as enough intelligence.
AI will become millions of times bigger than it is today, (just in the short - medium term).
Some people will ask: "But won't money become irrelevant after the Singularity? What's the point of investing or making money?"
Two reasons:
1. Investing is my way of supporting AI companies/contributing to acceleration.
They need enormous amounts of capital to build data centers, expand compute infrastructure, accelerate research, and ultimately develop ASI.
2. We're still in the early stages of crossing the bridge.
On the other side of that bridge lies the mature Singularity, abundance, and a civilization where many of today's economic limitations will no longer exist.
But we're not there yet.
We're still living in the old world, with its financial constraints, limited medical capabilities, and countless problems that money can help solve.
You could develop a rare disease next month and suddenly need $100 000s for treatments, specialized care, or other medical expenses just to survive long enough to reach 2030 and beyond.
Money still matters enormously during this transition.
The destination is post scarcity.
But we still have to cross the bridge to get there.
We're investing in the very technologies that could eventually make investing obsolete.
There's nothing contradictory about investing in a future where money loses its importance, that's precisely the future worth investing in.
₿ennyC retweeted
We are coming around 👏 #fakehacks
So Binance-linked MMs have allegedly been trying to break Bitcoin below 80k for over a week now.
And they haven’t managed to push it down significantly.
Why?
Because massive whales have been accumulating billions worth of $BTC throughout this entire period.
Now here’s where things get very interesting.
I believe the last straw for Binance was $HYPE suddenly attracting legitimate institutional interest and attention.
We’re talking about a roughly $4B increase in market cap within just 16 hours, starting from around $20B.
Do the maths.
20B + 20% in a single day.
And all of this while Bitcoin refused to break down significantly.
So in my view, Binance had two problems on its hands.
Bitcoin refusing to break below 80k.
And HYPE suddenly attracting dangerous amounts of attention.
What followed?
A swift market rug under the cover of an alleged hack. To cuck momentum.
And this is where things get even stranger.
A hack that was very conveniently contained by USDC and Tether.
Maybe a tad TOO quickly for my taste.
I’ve witnessed countless hacks in this space since 2018, and something about this one feels extremely odd.
It’s not how North Korean hackers usually operate either.
They typically manage to move a significant chunk of the stolen funds before anyone can intervene.
Yet this time, almost the entire $2B was reportedly frozen within a remarkably short period.
Interesting, isn’t it?
Given the reach of international law enforcement, I struggle to imagine many actors capable of pulling off something of this scale and escaping the consequences, apart from groups operating beyond that reach, such as Lazarus.
And if you think the official narrative automatically tells the whole story, that’s on you.
In my opinion, Binance is doing more harm to this industry than good.
And I believe much of that harm is deliberate.
First 10/10.
Now this.
Market manipulation at its finest, if my suspicions are correct.
SHUT YOUR MOTHERF*CKING EXCHANGE DOWN AND REMOVE YOUR CLAWS FROM THIS SPACE.
I’m counting the days until the Trump administration is gone, because I believe the scrutiny surrounding these players will intensify significantly.
And if wrongdoing is established, those responsible should face the consequences.
Stay safe out there.
Sincerely yours,
Skully
₿ennyC retweeted
If you are wondering about the somewhat muted price impact to Bitcoin after last night's Binance hack, for reference, the MT Gox hack of 2014 was ~750K Bitcoin, which was about 30 days of trading volume at the time. Yesterday's Binance hack was 18,270 Bitcoin, or roughly 1/5th of a single day of Bitcoin's trading volume today, making Mt Gox ~167X worse for price impact.
₿ennyC retweeted
The biggest mistake is assuming the next 5 years will resemble the last 5.
They won't.
The exponential curve doesn't care about our intuition.
₿ennyC retweeted
Here we go the real story is emerging.
U.S. Department of Justice: Binance is required to cooperate with law enforcement agencies - @Bloomberg
Michael Selig, Chairman of the CFTC, commenting on the Binance hack: We want to provide cryptocurrency exchanges with the opportunity to register with the CFTC at the federal level – @CNBC
₿ennyC retweeted
What’s coming was avoidable, but Republicans in Congress let Trump start a war, increase spending, arm a genocide, betray MAHA, and cover up for Epstein’s coconspirators. I was ousted with over $30 million of foreign lobby money for refusing to go along, and here we are.
₿ennyC retweeted
Trump's decision to cancel his appearance in Kansas as well as all future appearances through the midterms was made for one reason.
He could no longer escape Epstein.
The crowds that used to cheer for him, support him and stand by him no matter what have turned.
He is being openly challenged, questioned and mocked at his own rallies by the same people who once thought he could do no wrong.
He's no longer the God he thought he was and his ego JUST CAN'T TAKE IT.
₿ennyC retweeted
There was no meaningful explanation for 10/10 and now equally meaningless explanations for 10/29.
Blame and rhetoric.
People are coming around.
₿ennyC retweeted
People are coming around 👏
Call me crazy, but the @binance hacker stole BTC, ETH, USDT etc worth $6 BILLION, but ZERO $ worth of binancecoin:native
Okay. Do with that what you want.
arkm.com/explorer/entity/21a…
₿ennyC retweeted
People are coming around 👏
Good evening.
To everyone reading about the $5.9 billion Binance hack and declaring cryptocurrencies and Bitcoin dead, two things:
1) Bitcoin itself was not hacked, an exchange managing cryptocurrency wallets and holding the keys was hacked.
2) Former CEO CZ says that he expects Binance to fully cover the losses with their $144B balance sheet.
This event in no way shape or form exposed or impaired the Bitcoin network.
Have a great night.
₿ennyC retweeted
crypto or not, security is the one thing you have to obsess over rn
only the paranoid survive
₿ennyC retweeted
CZ Binance to Elon Musk:
“Elon, I have a lot of respect for you, but this is NOT the time to troll. Please stop.
Our SPCX shares, from the $500 million we invested in your Twitter takeover, are now worth over $1 BILLION.
The least you could do is show us some support.”
₿ennyC retweeted
🚨#BREAKING: With five days until the midterms, Trump is finally informed he is toxic to Republican Senate candidates, and cancels all upcoming in-person events and rallies. MAGA is dead.
₿ennyC retweeted
A huge high five to the Red Baron marketing team!
Awesome response and the correct response!
₿ennyC retweeted
Can someone explain why ALL OF THIS is happening at once?
Billions in crypto potentially stolen from the world’s largest exchange.
Polymarket hacked. Millions gone.
South Korea activating emergency cyber defenses.
Japan scrambling after a massive wave of cyberattacks.
Government websites, banks, and critical services being shut down over security vulnerabilities.
Iran openly discussing attacks on the cables that keep the internet connected.
And now governments are telling ordinary people to prepare emergency supplies.
At what point do we stop calling these isolated incidents and start asking what the hell is going on?
Because this is getting TERRIFYING.
