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Degens Deteriorating
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NEW: Bitcoin Devs take steps to address the Quantum threat

An updated version of BIP 360 has been merged into the official Bitcoin BIPs repository.

The proposal introduces Pay to Merkle Root, or P2MR, a new opt in output type that removes Taproot’s quantum vulnerable key path spend while maintaining compatibility with Tapscript and script trees.

Key updates:

β€’ Removes Taproot’s quantum exposed key path in a separate new output type

β€’

β€’ Lays groundwork for post quantum signature schemes using Tapscript and script tree optionality at spend time

β€’ Implemented as a soft fork, existing Taproot outputs remain unaffected

β€’ Adds Isabel Foxen Duke as co author to improve clarity and accessibility beyond the developer community

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Every time the market drops, the same thing happens.

Bitcoin falls and people panic.

Suddenly everyone says:

β€œBitcoin is dead.”

β€œIt’s going to zero.”

β€œIt’s a scam.”

β€œIt has no value.”

But this isn’t new:

In 2013, they said it was dead.

In 2015, they said it was over.

In 2018, they said the bubble had popped forever.

In 2022, they said crypto was finished.

And now they’re saying it again.

Every cycle, when the price crashes, people lose hope and forget that this has happened before.

When Bitcoin is going up, everyone calls it the future.

When Bitcoin is going down, everyone calls it a scam.

Years later, when the price recovers, the same people who said β€œit’s going to zero” will start asking:

β€œIs it too late to buy?”

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AI is driving historic profitability in the market:

The S&P 500's net income margin excluding financials is up to a record 13%.

At the same time, the S&P 500's net margin excluding the Magnificent 7 and tech is down to 9%.

This marks a ~4 percentage point gap between tech and non-tech sectors, the largest on record.

Margins for companies in the index outside of tech and financials have declined -2 percentage points over the last 4 years.

AI is transforming profitability.

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Epstein was given permission to KILL somebody

β€œI give you permission to kill him"

He then replied, β€œNo one will lie to you and get away with it. Not with me. No one. β€˜Whoops’ is correct"

Who is the person who gave Epstein a green light to murder somebody and why his name is redacted?

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Multifamily mortgage delinquencies are surging:

Seriously delinquent rates in multifamily mortgages at Freddie Mac are up to 0.48%, the highest in at least 21 years.

The percentage has DOUBLED over the last 2 years.

At the same time, Fannie Mae multifamily serious delinquencies rates are up to 0.75%, the highest since 2021.

By comparison, the 2008 Financial Crisis peak was 0.80%.

Multifamily 90+ days delinquency rates at Freddie Mac and Fannie Mae averaged ~0.01%-0.10% between 2014 and 2019, well below current levels.

Multifamily mortgage pressures are building.

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NEW - Microsoft AI CEO, Mustafa Suleyman, says that "most, if not all, professional tasks" undertaken by white collar workers will be fully automated by AI within the next 12 to 18 months

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2 years later Goldman figured it out:

"We’ve written about it before, but the β€˜energy as an AI hedge’ has caught significant momentum in recent weeks. Prior to the start of the year, XLE faced 4 straight years of outflows, spilling $15 billion over the stretch. Sentiment has since reversed since the start of 2026, garnering over $4 billion, fueled by price action and positioning dynamics… the punchline: XLE’s index is on track for 7 straight weeks of outperformance vs SPX, yielding a near 25% performance differential."

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If aliens visit us, who should be in charge of speaking on behalf of humanity?

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NOW - Border Czar Tom Homan: "For those that say we are backing down from immigration enforcement or the promise of mass deportations, you are simply wrong. Look at the data!"

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The British Parliament votes MASSIVELY AGAINST an investigation into child rape scandals noting that an investigation would make Muslim rapists look bad

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A small copper-alloy artifact, recently reanalyzed after being excavated over a century ago from a Predynastic cemetery at Badari in Upper Egypt, has been identified as the earliest known rotary metal drill in the region.

Dating to around 5,300 years ago (late 4th millennium BCE, during the Naqada period), it predates the rise of the first pharaohs and pushes back evidence of sophisticated drilling technology by more than two millennia.

The tool operated via a bow drill mechanism: a leather thongβ€”remnants of which survive as fragile coilsβ€”was wrapped around the shaft and moved back and forth with a bow to generate rapid, controlled rotation. This allowed ancient artisans to bore precise holes into hard materials like stone, wood, or beads with far greater speed and accuracy than manual twisting alone.

What stands out even more is the alloy's composition. Chemical analysis (using portable X-ray fluorescence) revealed copper combined with arsenic and nickel, plus noticeable traces of silver and lead. This deliberate mixture created a harder, more durable, and visually distinct metal than pure copper, reflecting advanced metallurgical skill.

It also suggests the ancient Egyptians sourced diverse oresβ€”potentially through trade networks reaching the Eastern Desert or even farther into the eastern Mediterraneanβ€”indicating early long-distance material exchange.

The device's design demonstrates a deep grasp of rotary mechanics, applied force, and efficiency, pointing to specialized, knowledgeable craftsmanship well before the dynastic era. Far from random trial-and-error, this reflects an established technological tradition emerging thousands of years earlier than often assumed.

Given that such mechanical and metallurgical sophistication existed over five millennia ago, it raises a compelling question: just how much of prehistoric innovation have we overlooked or undervalued?

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BREAKING - Judge sets Feb 2027 date for Trump's $10bn lawsuit against BBC

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BREAKING: Tom Homan announces ICE has located 3,364 unaccompanied alien children in Minnesota so far that the Biden regime wasn’t even LOOKING for

Great job by ICE

Biden and Mayorkas were complicit in the worst child traffcking operation in US history.

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