Amanda Askell, who has no children, was previously married to William MacAskill, co-founder of Effective Altruism
Dario and Daniela Amodei, CEO and President of Anthropic, used to live in a rationalist group house with Holden Karnofsky, who co-founded GiveWell, an early Effective Altruism-aligned organization
Daniela and Karnofsky are now married.
Anthropic also received significant funding from Sam Bankman-Fried.
SBF was also a prominent Effective Altruism donor, prior to the collapse of FTX due to fraud.
These connections between Anthropic leadership and the Effective Altruism community are alarming and if you go down the rabbit hole and trace the money trail, it will be very interesting…
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Dario and Daniela Amodei, CEO and President of Anthropic, used to live in a rationalist group house with Holden Karnofsky, who co-founded GiveWell, an early Effective Altruism-aligned organization
Daniela and Karnofsky are now married.
Anthropic also received significant funding from Sam Bankman-Fried.
SBF was also a prominent Effective Altruism donor, prior to the collapse of FTX due to fraud.
These connections between Anthropic leadership and the Effective Altruism community are alarming and if you go down the rabbit hole and trace the money trail, it will be very interesting…
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Google, $GOOGL, CEO said that they don't know how AI is teaching itself skills it is not expected to have
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LIQUIDATION CONTAGION
Wealth taxes are even worse than you think. Any asset held by Californian billionaires or Dutch citizens is now at risk of experiencing forced liquidation pressure.
So: it’s not just that you don’t want to hold assets as a Dutchman. You also don’t want a Dutchman to hold your assets. Because the logic of forced liquidation is contagion.
Let’s think it through.
(1) First, suppose there is an asset with a total market cap of $10,000, with 10 shares total, of which 1 share each is held by 10 different holders, all in the Netherlands. To simplify the math, assume the Dutch holders bought those shares at par, or close to $0.
(2) Now suppose today is the unrealized cap gains tax day, and the share price is $1,000 per share. Each Dutch guy is hit with a 36% tax, and owes $360. The first guy sells his one share, gets $1,000, and pays $360 in tax while retaining $640.
(3) But the first guy’s sale reduces the market price to $960 per share. So when the second guy sells, he only retains $600 after paying $360 in tax.
(4) Now assume that by the 7th guy, all the selling has pushed the share price to collapse to $200 per share. This is a very reasonable scenario if 60% of the cap table has suddenly been dumped. Indeed it might go much lower.
(5) At $200 per share, the 7th guy actually has to go into debt to pay the tax as he owes $360. He sells his one share, pays all $200 of the proceeds in tax. And still owes $160 more in tax.
(6) The 8th, 9th, and 10th guys are even more screwed. By the time they sell, the price will likely have crashed to $100 per share or less. As with the 7th guy, even 100% liquidation will not cover their tax burden.
(7) So we immediately see many negative things about the Dutch unrealized cap gains tax bill.
(a) First, it will cause large simultaneous forced liquidations. Everyone must sell 36% of their stake near the same time.
(b) Second, it may be literally impossible to pay if a critical mass of the cap table is all subject to it at the same time. In the example above it was 100% Dutch holders, but has it been just 60% the result would have been much the same: a collapse in the share price.
(c) Third, that means it would be disastrous to have too many Dutch citizens (or Californian billionaires!) on the cap table. Their forced sales will crash your share price.
(d) So, you might have to start mass blocking those resident in wealth-taxing jurisdictions from investing in your companies.
(e) This in turn makes the poor Western European guy even poorer, as he gets locked out of high growth assets.
To be clear: I really do feel bad for the formerly Flying Dutchmen, now Crying Dutchmen. They invented much of modern capitalism. They founded New Amsterdam, now New York. They’ve punched way above their weight. I wish them only the best.
Nevertheless…they should prepare for the worst. This may be a tough century for Western Europe. The first ones out might get to freedom, while the slowest may be stuck behind a new Iron Curtain, spending a century paying off the debts their states incurred over the last century.
Because the long run fruits of Western Keynesianism are the same as Soviet Communism, in the sense of wealth seizure and pauperization.
I mean, if you knew the future, you wouldn’t want to co-own a farm with a Russian in 1916. For similar reasons, you might not want to co-own a share of stock with Dutch national in 2026. Or with anyone in a seizure-curious jurisdiction…which unfortunately includes much of Western Europe, Canada, and Blue America.
You instead want assets that are not held by those subject to forced liquidations. Now, I grant that this is an unusual way to rank assets…Dutch holders considered harmful?!? Yet it might sadly cont…]
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Wealth taxes are even worse than you think. Any asset held by Californian billionaires or Dutch citizens is now at risk of experiencing forced liquidation pressure.
So: it’s not just that you don’t want to hold assets as a Dutchman. You also don’t want a Dutchman to hold your assets. Because the logic of forced liquidation is contagion.
Let’s think it through.
(1) First, suppose there is an asset with a total market cap of $10,000, with 10 shares total, of which 1 share each is held by 10 different holders, all in the Netherlands. To simplify the math, assume the Dutch holders bought those shares at par, or close to $0.
(2) Now suppose today is the unrealized cap gains tax day, and the share price is $1,000 per share. Each Dutch guy is hit with a 36% tax, and owes $360. The first guy sells his one share, gets $1,000, and pays $360 in tax while retaining $640.
(3) But the first guy’s sale reduces the market price to $960 per share. So when the second guy sells, he only retains $600 after paying $360 in tax.
(4) Now assume that by the 7th guy, all the selling has pushed the share price to collapse to $200 per share. This is a very reasonable scenario if 60% of the cap table has suddenly been dumped. Indeed it might go much lower.
(5) At $200 per share, the 7th guy actually has to go into debt to pay the tax as he owes $360. He sells his one share, pays all $200 of the proceeds in tax. And still owes $160 more in tax.
(6) The 8th, 9th, and 10th guys are even more screwed. By the time they sell, the price will likely have crashed to $100 per share or less. As with the 7th guy, even 100% liquidation will not cover their tax burden.
(7) So we immediately see many negative things about the Dutch unrealized cap gains tax bill.
(a) First, it will cause large simultaneous forced liquidations. Everyone must sell 36% of their stake near the same time.
(b) Second, it may be literally impossible to pay if a critical mass of the cap table is all subject to it at the same time. In the example above it was 100% Dutch holders, but has it been just 60% the result would have been much the same: a collapse in the share price.
(c) Third, that means it would be disastrous to have too many Dutch citizens (or Californian billionaires!) on the cap table. Their forced sales will crash your share price.
(d) So, you might have to start mass blocking those resident in wealth-taxing jurisdictions from investing in your companies.
(e) This in turn makes the poor Western European guy even poorer, as he gets locked out of high growth assets.
To be clear: I really do feel bad for the formerly Flying Dutchmen, now Crying Dutchmen. They invented much of modern capitalism. They founded New Amsterdam, now New York. They’ve punched way above their weight. I wish them only the best.
Nevertheless…they should prepare for the worst. This may be a tough century for Western Europe. The first ones out might get to freedom, while the slowest may be stuck behind a new Iron Curtain, spending a century paying off the debts their states incurred over the last century.
Because the long run fruits of Western Keynesianism are the same as Soviet Communism, in the sense of wealth seizure and pauperization.
I mean, if you knew the future, you wouldn’t want to co-own a farm with a Russian in 1916. For similar reasons, you might not want to co-own a share of stock with Dutch national in 2026. Or with anyone in a seizure-curious jurisdiction…which unfortunately includes much of Western Europe, Canada, and Blue America.
You instead want assets that are not held by those subject to forced liquidations. Now, I grant that this is an unusual way to rank assets…Dutch holders considered harmful?!? Yet it might sadly cont…]
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OpenClaw creator steipete is the literal “Ok Claude, make a $1B company, make no mistakes” gigachad meme
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Jacksonville, Ill. — A female-to-male-identifying woman named Marissa "Marty" Teubner has been arrested over the shooting m—rder of a woman.
Teubner, who uses "he/him" pronouns, is charged with first-degree homicide and aggravated discharge of a firearm.
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Teubner, who uses "he/him" pronouns, is charged with first-degree homicide and aggravated discharge of a firearm.
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JPMORGAN CEO REJECTS FED CHAIR ROLE
Jamie Dimon said he would “absolutely positively no chance, no way, no how” accept becoming Fed Chair.
He said he would consider Treasury Secretary, but added:
“What they want and how they want to operate would be important to me.”
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Jamie Dimon said he would “absolutely positively no chance, no way, no how” accept becoming Fed Chair.
He said he would consider Treasury Secretary, but added:
“What they want and how they want to operate would be important to me.”
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The usual suspects in Germany beat and rob a German and no one intervenes, they just film. Thanks Merkel
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Palantir boss wants to 'drone FENTANYL-LACED URINE' on CIVILIANS as admits 'lower' code
Pentagon gave leg-twitching Karp $10B
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Pentagon gave leg-twitching Karp $10B
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INSIDERS ARE ABOUT TO DUMP STOCKS AT THE FASTEST PACE SINCE THE PANDEMIC.
I analyzed the top 100 insider trades of the past week. Here's what’s happening:
- Zero buys
- 100% proposed sales
- Largest single sale: $2.22 billion
- Total proposed sales (top 100 trades): over $50 billion
The timing couldn’t be worse.
The US economy is fragile.
Stocks look weak.
Global uncertainty remains high.
If this massive selling occurs in the coming months, it could devastate the markets.
In a stock market dump, our crypto bags will likely go into hibernation.
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I analyzed the top 100 insider trades of the past week. Here's what’s happening:
- Zero buys
- 100% proposed sales
- Largest single sale: $2.22 billion
- Total proposed sales (top 100 trades): over $50 billion
The timing couldn’t be worse.
The US economy is fragile.
Stocks look weak.
Global uncertainty remains high.
If this massive selling occurs in the coming months, it could devastate the markets.
In a stock market dump, our crypto bags will likely go into hibernation.
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Politico called the viral photo of Kallas from the Munich Conference the "worst poker face".
Her face became a "symbol of Europe's discontent towards Americans", the article says.
The head of European diplomacy pursed her lips and puffed out her cheeks when US Permanent Representative to the UN Walts was talking about Washington's successes in ending numerous wars.
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Her face became a "symbol of Europe's discontent towards Americans", the article says.
The head of European diplomacy pursed her lips and puffed out her cheeks when US Permanent Representative to the UN Walts was talking about Washington's successes in ending numerous wars.
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😁5
> raise $1m seed
> vibecode a pixel-perfect clone of a public SaaS in 45 mins
> post a github repo
> short the stock with $990k (20x leverage)
> spend remaining $10k on "SaaS is dead" influencers and AI engagement farmers
> watch the ticker tank 20%
> close position
> infinite money glitch
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> vibecode a pixel-perfect clone of a public SaaS in 45 mins
> post a github repo
> short the stock with $990k (20x leverage)
> spend remaining $10k on "SaaS is dead" influencers and AI engagement farmers
> watch the ticker tank 20%
> close position
> infinite money glitch
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$5,000,000,000 in short positions are piling up above.
Majority of longs have been liquidated already.
Time for shorts
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Majority of longs have been liquidated already.
Time for shorts
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Media is too big
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Theyre trying to sell the solana whorehouse now on instagram (with an absolutely outrageous price tag at the end)
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Imagine you’re Dario Amodei.
You spent a year embarrassing OpenAI.
Everyone’s using Claude Code.
You’re winning.
Then you get comfortable.
You send a cease and desist to an open source GitHub project while sitting on a fresh $380B Claude valuation.
Your competitors see and smell blood.
Peter Steinberger sees it.
Sam Altman sees it too.
He puts him on a podcast.
You go on a podcast about… you.
Meanwhile the AI bros only want to hear about one thing: the agentic lobster synthesizer man.
But you’re in the wrong room discussing the wrong topic at the wrong time.
Your competition doesn’t make the same mistake.
They make him a huge offer.
He probably would’ve taken less.
But you insulted him.
Made him rebrand twice.
Now you buttfumbled at the 1 yard line.
Mark Sanchez would be proud.
A year behind in the AI race now.
And somehow you got posturemaxxed, jestergooned, and beardmogged all in the same week.
Comfort isn’t allowed in the AI space.
Greed will smite you.
Remember: timing is everything.
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You spent a year embarrassing OpenAI.
Everyone’s using Claude Code.
You’re winning.
Then you get comfortable.
You send a cease and desist to an open source GitHub project while sitting on a fresh $380B Claude valuation.
Your competitors see and smell blood.
Peter Steinberger sees it.
Sam Altman sees it too.
He puts him on a podcast.
You go on a podcast about… you.
Meanwhile the AI bros only want to hear about one thing: the agentic lobster synthesizer man.
But you’re in the wrong room discussing the wrong topic at the wrong time.
Your competition doesn’t make the same mistake.
They make him a huge offer.
He probably would’ve taken less.
But you insulted him.
Made him rebrand twice.
Now you buttfumbled at the 1 yard line.
Mark Sanchez would be proud.
A year behind in the AI race now.
And somehow you got posturemaxxed, jestergooned, and beardmogged all in the same week.
Comfort isn’t allowed in the AI space.
Greed will smite you.
Remember: timing is everything.
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