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🏠 We Are So Back

🏠 We Are So Back

If you don't know, now you do

Stephen Flanders
December 06, 2023

Gm. Not sure how many of you have Apple Music, but if you do and are looking for some new music, check out Memento Mori. It’s The Weeknd’s radio show, and he plays one absolute banger after another. I’ve probably picked up 30 new songs in just the last week.

— Stephen Flanders

🏠 CRYPTO

Fire Up The Rocket Ships

On Monday, I polled you all on what you think bitcoin’s price will be on New Year’s. Usually, you all don’t get to see the results until the following Monday, but this is a special situation:

I thought my ranges were pretty reasonable, but there’s a reason I’m a writer and not a trader. Because as I type this, one bitcoin is worth 44,000 United States Dollars. For context, when I wrote that poll, bitcoin was hovering around $39,000.

Maybe I should run that poll more often.

But it’s not just bitcoin that’s ripping right now. As is so often the case in crypto, when bitcoin rips, everything rips:

ETH is at $2275, up 20% in the last month.
SOL is at $64, up 60% in the last month.
Random bitcoin meme coin ORDI is at $57, up more than 700% in the last month.

I don’t know if this is the beginning of a bull run, but it sure feels like it. The cancers of last cycle have been incinerated. Interest rates seem bound to go down soon. The largest asset manager in the world is actively pursuing a bitcoin ETF. The bitcoin halving is 132 days away. Crypto Twitter is alive again. My friends are reviving our 2021 group chats. And the tech has monumentally improved over the last week.

Is that light I finally see?

Patience Rewarded: For those of us who stuck with crypto through the bear market, it appears our reward might FINALLY be around the corner. Hopefully. Remember, I’m a bad trader.

🤝 THE LATEST IN…

TECH

If you’re in the market for a Model 3, make sure to get it before the tax credits fall off in January.
Apple is grinding away on 6G.
Nvidia got a stern talking to from the government.
X is now licensed for payment processing in a dozen states.

AI

The details about Sam Altman’s firing keep trickling out.
Elon’s raising a fresh billy for xAI.
Meta 🤝 IBM.
ByteDance wants its own GPT Store.

SCIENCE

If you have a grand to spare, you can store a message in DNA on this card.
Ultrasound can push vaccines into the body without needles.
Breaking news, you can listen to eyes.
IBM released the first-ever 1,000-qubit quantum chip.

CRYPTO

Did you know that crypto offers cheap 5G cellular service?
AI agents are going to be extremely important.
El Salvador is back in the black.
Coinbase is making it so you can send money through everything from iMessage to TikTok to email.