Vanguard says Bitcoin is “immature” and has “no inherent value.”

Then quietly becomes the top shareholder of a company holding over $9B in BTC.

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I just saw a post on this topic go viral.

It alleged that the British are why South Asian groups tend to have relatively low lean mass.

So a reminder: this phenotype is likely very ancient and the British have not yet invented time traveling.

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#Taiwan. Truck with unsecure load.

This is a good reminder to always turn on your wipers when large machinery attacks you.

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The Department of Defense will begin using Grok.

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BREAKING:

FED, FDIC AND OCC ISSUE JOINT STATEMENT ON CRYPTO CUSTODY.

US BANK REGULATORS PROVIDE BLUEPRINT FOR LENDERS HOLDING CRYPTO.

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JUST IN - A new generation of 'Super Drones' is transforming war and industry, with sizes as small as a mosquito, speeds of up to 300 mph, intelligent 'swarms' working together without pilots, hi-tech 'cloaking' capabilities and single craft able to both fly and swim, experts told the Daily Mail.

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US equity ownership is heavily skewed toward older generations:

Baby Boomers now hold 54% of all US corporate equities and mutual fund shares, down only slightly from 57% in Q1 2020.

By comparison, Millennials own just 8% of all equities, up from ~2% in 2020.

Gen X accounts for 22%, roughly unchanged over the same period.

Meanwhile, the Silent Generation still holds 16%, experiencing a decline from 19% seen 5 years ago.

In other words, ~70% of all equities remain in the hands of Americans born before 1965.

The generational wealth divide is massive.

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Thomas Sowell on the Tax System

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Retail investors haven’t shown up yet.

Historically, Bitcoin only peaks once retail interest goes parabolic.

Will this time be different ?

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JUST IN - U.S. DoD awards xAI and Grok a $200 million contract to "modernize" the Defense Department

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