Jordi Visser

A growth company, and this will all lead into positive things for Bitcoin eventually, so don't worry about it.

But when Kathy talks about this being temporary, that is a mistake for everyone who owns software names.

This is never going away.

There are no winners in terms of winning.

The winners are not public companies.

So when Kathy tells you there are winners in AI, I don't work for a public company anymore.

I don't work for a company.

I chose that because the power of AI is for individuals sitting at home.

And guess what?

There are 7 billion people on the planet who've never been able to partake in capitalism.

That is the positive story for Bitcoin.

But everyone has free intelligence now, everybody.

So what is going on literally as we sit here?

And at a morning meeting today, I said to everyone, 4%.

Opus 4.6 came out last week.

I didn't have the time last week to spend with it.

Guys, it's five times more powerful than Opus 4.5, which is what caused this whole disruption.

So we are speeding up at a point where recursive self-improvement is happening as we speak, which means the models are building themselves.

So to sit there and think that there is a public company with individuals and friction having worked in it and watched the pantry conversations with people that don't work hard

this is over meaning this stuff is real so the market has to digest this it has to go through this and i bring this up because this is not going to change so the hyperscalers are at risk the software companies are at risk not to collapse because they're going to make money but what is happening in the market is they are dealing with the fact that no company now has a moat their businesses are no longer defensible and my attraction to bitcoin was based on my belief