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😲Departure Times Displayed on 3 Screens! 🚌#Fuzhou# #Bus# has launched a smart & convenient new initiative. #SmartCity# #TravelFuzhou# #SustainableFuzhou# #transportation# #FuzhouCity# #inclusion#

🤝 CM Devendra Fadnavis presided over the signing and exchange of MoUs between Sahakar Taxi Co-Operative Limited (STCL) and various organisations. List of organisations: 🔸Maharashtra State Road Transport Corporation (MSRTC) 🔸Navi Mumbai Traffic Police 🔸Mumbai Traffic Police 🔸Thane Municipal Corporation 🔸Navi Mumbai Municipal Corporation 🔸Municipal Corporation of Greater Mumbai 🔸Thane Traffic Police 🔸M/s. Loknete D B Patil Native Project Affected Transport Co-Operative Limited 🔸Cosmos Co-operative Bank Ltd Purpose of these MoUs: ✅To enhance last-mile and first-mile connectivity for MSRTC passengers, improve the overall commuter experience at bus stands via dedicated prepaid systems and promote integrated, sustainable green urban mobility across Maharashtra ✅To provide seamless last-mile connectivity to MSRTC passengers at designated bus stands via the Bharat Taxi platform ✅To establish structured physical prepaid booths at principal transit junctions to cater to walk-in passengers ✅To advance sustainable transport paradigms via structural co-branding layouts on the City Electric Buses and long-distance MSRTC transit fleets ✅To ensure safe, affordable, and accessible transport for all commuters, including women, senior citizens and persons with disabilities ✅To enhance commuter security via tracked, cashless, app-based taxi operations, integrate digital emergency response networks and regulate dedicated taxi facilitation zones ✅To improve urban mobility in the corporation's jurisdiction through safe, organised, app-based and cashless taxi services ✅To enhance first-mile and last-mile connectivity at public transport hubs and high-footfall civic locations; promote green and electric mobility and support TMC, NMMC, MCGM's Smart City and digital governance initiatives ✅To outline the strategic partnership between the Parties for the commercial rollout and day-to-day management of the ‘Bharat Taxi’ platform within the precinct of NMIA Union MoS Murlidhar Mohol, Minister Babasaheb Patil, MLA Manda Mhatre, MLA Mahesh Baldi, MLA Prashant Thakur and other dignitaries were present. 🤝 मुख्यमंत्री देवेंद्र फडणवीस यांच्या प्रमुख उपस्थितीत सहकार टॅक्सी को-ऑपरेटिव्ह लिमिटेड (STCL) आणि विविध संस्थांदरम्यान सामंजस्य करार (MoU) करण्यात आले. सामंजस्य करार झालेल्या संस्था : 🔸 महाराष्ट्र राज्य मार्ग परिवहन महामंडळ (MSRTC) 🔸 नवी मुंबई वाहतूक पोलीस 🔸 मुंबई वाहतूक पोलीस 🔸 ठाणे महानगरपालिका (TMC) 🔸 नवी मुंबई महानगरपालिका (NMMC) 🔸 बृहन्मुंबई महानगरपालिका (MCGM) 🔸 ठाणे वाहतूक पोलीस 🔸 लोकनेते स्व. दि. बा. पाटील नेटिव्ह प्रोजेक्ट अफेक्टेड ट्रान्सपोर्ट को-ऑपरेटिव्ह लिमिटेड 🔸 कॉसमॉस को-ऑपरेटिव्ह बँक लिमिटेड सामंजस्य करारांची उद्दिष्टे: ✅ MSRTC प्रवाशांसाठी प्रथम टप्प्यातील (First-mile) आणि अंतिम टप्प्यातील (Last-mile) प्रवास अधिक सुलभ करणे, बसस्थानकांवर प्रीपेड टॅक्सी व्यवस्था उपलब्ध करून प्रवाशांचा प्रवास अधिक सोयीस्कर बनवणे तसेच महाराष्ट्रात एकात्मिक, शाश्वत आणि पर्यावरणपूरक शहरी वाहतूक व्यवस्थेला चालना देणे ✅ भारत टॅक्सी प्लॅटफॉर्मच्या माध्यमातून निश्चित MSRTC बसस्थानकांवर प्रवाशांना अखंड लास्ट-माईल कनेक्टिव्हिटी उपलब्ध करून देणे ✅ थेट येणाऱ्या प्रवाशांची सोय करण्यासाठी प्रमुख वाहतूक केंद्रांवर सुव्यवस्थित आणि कायमस्वरूपी 'प्रीपेड' बुथ्स उभारणे. ✅ शहरातील इलेक्ट्रिक बसेस आणि एमएसआरटीसीच्या लांब पल्ल्याच्या बस ताफ्यावर संरचित संयुक्त ब्रँडिंगद्वारे शाश्वत वाहतूक व्यवस्थेला प्रोत्साहन देणे. ✅ महिला, ज्येष्ठ नागरिक आणि दिव्यांगांसह सर्व प्रवाशांसाठी सुरक्षित, परवडणारी आणि विश्वासार्ह टॅक्सी सेवा उपलब्ध करून देणे. ✅ ट्रॅकिंग सुविधा, कॅशलेस व ॲप-आधारित टॅक्सी सेवांद्वारे प्रवाशांच्या सुरक्षिततेला बळकटी देणे. डिजिटल आपत्कालीन प्रतिसाद प्रणालीशी समन्वय साधणे. तसेच नियोजित टॅक्सी सुविधा क्षेत्रांचे (Taxi Facilitation Zones) प्रभावी नियमन करणे. ✅ महानगरपालिकेच्या क्षेत्रात सुरक्षित, नियोजित, ॲप-आधारित आणि कॅशलेस टॅक्सी सेवांद्वारे शहरी वाहतूक व्यवस्था अधिक सक्षम करणे. ✅ सार्वजनिक वाहतूक केंद्र आणि नागरिकांची मोठी वर्दळ असलेल्या ठिकाणी फर्स्ट-माईल व लास्ट-माईल कनेक्टिव्हिटी वाढवणे, हरित व इलेक्ट्रिक मोबिलिटीला प्रोत्साहन देणे तसेच TMC, NMMC आणि MCGM यांच्या स्मार्ट सिटी व डिजिटल गव्हर्नन्स उपक्रमांना बळकटी देणे. ✅ नवी मुंबई आंतरराष्ट्रीय विमानतळ (NMIA) परिसरात ‘भारत टॅक्सी’ प्लॅटफॉर्मच्या व्यावसायिक अंमलबजावणी आणि दैनंदिन व्यवस्थापनासाठी धोरणात्मक भागीदारी प्रस्थापित करणे. यावेळी केंद्रीय राज्यमंत्री मुरलीधर मोहोळ, मंत्री बाबासाहेब पाटील, आमदार मंदा म्हात्रे, आमदार महेश बालदी, आमदार प्रशांत ठाकूर व इतर मान्यवर उपस्थित होते. @Dev_Fadnavis @mohol_murlidhar @babasahebpati1 @MlaMandaMhatre @mlamaheshbaldi @ithakurprashant @coopbharattaxi @msrtcofficial @TMCaTweetAway @NMMConline @Cosmospune #Maharashtra# #DevendraFadnavis# #BharatTaxi#

China’s Buildings Rain to Beat the Heat POV: It’s 39°C… but your street, building, and park just turned on outdoor AC. China’s mist cooling systems (rooftops raining, lamp posts spraying, plazas in cool fog) drop temps 3-8°C instantly. Feels like a gentle waterfall, zero extra cost, and it’s everywhere now. Genius summer hack. #ChinaInnovation# #SmartCities#

🚨 THIS IS WHY BITCOIN KEEPS CRASHING BELOW $67,000 If you still think Bitcoin trades like an asset whose price is determined purely by spot supply and demand, you need to read this carefully. Because that market no longer exists. What you’re watching right now is NOT normal price action. This isn’t just an AI stock sell-off. This isn’t just hotter inflation. And this definitely isn’t retail suddenly deciding to dump Bitcoin at the exact same time. Most people have no idea what is actually happening. And by the time it becomes obvious, the damage is usually already done. This didn’t start today. It has been building underneath Bitcoin for YEARS. And now it’s accelerating. Here’s the truth: Bitcoin still has a hard cap of 21 MILLION coins. But Wall Street can create almost unlimited financial EXPOSURE around those coins. That distinction changes everything. Because once derivatives dominate short-term price discovery... Bitcoin stops trading purely on who wants to own the actual coins. It starts trading on: 1) LEVERAGE. 2) HEDGING. 3) MARGIN. 4) LIQUIDATIONS. 5) FORCED SELLING. And that is exactly what is happening right now. It’s the same mechanism that repeatedly drives violent moves in: → Gold → Silver → Oil → Stocks Once derivatives become large enough, spot buyers are no longer the only force setting the price. And this is the part almost nobody understands: Bitcoin’s scarcity didn’t disappear. But scarcity alone no longer controls the SCREEN PRICE. Wall Street built an entire financial layer on top of Bitcoin: → Cash-settled futures → Perpetual contracts → Options → ETFs → Broker lending → Swaps → Wrapped BTC The 21 million cap controls the COINS. It does NOT cap the amount of leveraged exposure that can be created around them. And once that leverage starts unwinding... The market doesn’t care what the long-term thesis is. It SELLS. Look at what just happened: Over $1.9 BILLION in leveraged crypto positions wiped out in 24 hours. More than $1.1 BILLION liquidated in Bitcoin alone. Spot Bitcoin ETFs have already seen roughly $1.9 BILLION in outflows this month. Once leveraged selling overwhelms real buyers, price stops responding only to long-term demand. It starts responding to positions. Hedging. Margin calls. And cascading liquidations. Wall Street does not need to own millions of physical Bitcoin to push the market around. It only needs enough derivatives exposure and enough leverage sitting in the wrong place. The playbook is brutally simple: 1st: Build enormous leveraged exposur 2nd: Push price through obvious liquidity 3rd: Trigger stops and liquidations 4th: Forced selling pushes price even lower 5th: Buy back into the panic 6th: Repeat THIS is why Bitcoin can lose thousands of dollars while the number of coins on-chain barely changes. The coins didn’t suddenly disappear. The PRICE DISCOVERY mechanism changed. That’s what people are missing. Bitcoin is still scarce. But the financial claims built around Bitcoin are NOT. And when leverage controls the marginal trade... 21 million coins can behave like a market with FAR more supply than 21 million coins. That’s not the Bitcoin market retail thinks it is trading. That’s a WALL STREET PRICING SYSTEM built on top of Bitcoin. You can choose to ignore it. But don’t pretend nobody warned you. Bitcoin is now trading around $66,600, its lowest level since August and roughly 48% below the $126,200 high. If $65k breaks, the next level I’m watching is $62k. Reminder: I called the Bitcoin top at $126,000 and told you to start buying again around $60,000. The next call will matter even more. When I EXIT the markets completely, I’ll post it here publicly like I always do. Turn notifications on. If you’re not following yet, you’ll understand why that was a mistake later.

🚨 HERE’S WHY BITCOIN IS NONSTOP DUMPING RIGHT NOW It's NOT because of the stock market AI bubble. It's NOT because of the rising inflation. It's NOT because of retail panic selling. Bitcoin no longer trades like a supply-and-demand asset. The crypto market has changed FOREVER. And what we're seeing right now is not ordinary price action. It’s not weak hands, changing sentiment, or retail panic. Something much bigger is happening behind the scenes, and most people haven't even realized it yet. By the time the crowd catches on, it'll already be too late. This didn't happen overnight. The structural shift has been developing for YEARS, and now we're seeing its consequences. Here's what nobody wants to acknowledge: The moment synthetic supply enters the equation, genuine scarcity loses its meaning. And once scarcity stops determining price, the market no longer discovers value through actual ownership. Price discovery moves into derivatives. That's precisely what has happened to Bitcoin. We've already witnessed this exact transformation in: → Gold → Silver → Oil → Equities Once derivatives became dominant, the underlying market structure changed permanently. Bitcoin is now facing the same reality. The entire original investment thesis was based on 2 fundamental principles: 1. A fixed maximum supply of 21 million BTC. 2. No rehypothecation. Both principles lost their effectiveness once Wall Street built an entire financial system around Bitcoin: → Cash-settled futures → Perpetual swaps → Options markets → ETFs → Prime broker lending → Wrapped BTC → Total return swaps And from that moment onward, synthetic Bitcoin exposure became effectively UNLIMITED. Not in actual blockchain supply. But in the financial markets that determine the price. Synthetic Float Ratio (SFR). This is the missing metric most people aren't aware of. When synthetic exposure exceeds the available real supply, price stops following demand. It becomes driven by positioning, hedging, and liquidation cascades. Wall Street now has the ability to manufacture Bitcoin exposure and trade against the underlying asset. Their playbook is really simple: 1. Manufacture unlimited paper BTC 2. Short aggressively into rallies 3. Trigger cascading liquidations 4. Cover positions at lower prices 5. Take profit and repeat This isn't simple speculation. It's financial inventory manufacturing. A single real BTC can simultaneously support: → An ETF share → A futures position → A perpetual swap → An options delta → A broker loan → A structured note ALL AT THE SAME TIME. 6 separate financial claims backed by one actual on-chain Bitcoin. That's NOT the decentralized free market people believe they're participating in. That's a new financial system operating under the Bitcoin name. You can ignore this reality, but you cannot escape its consequences. Quick reminder I’ve successfully called every major Bitcoin top and bottom for the past 10+ years. I publicly called the $17K BTC bottom in 2022 and the $126K top in 2025. Then, I called the $57K local bottom in 2026. Missed those calls? Don't worry, you'll get another chance soon. If you haven’t followed yet, now is the best time.

overheard from friends talking about AI in China, and it’s very alarming - AI short films went massive in China market because of how good the video models are now - the first wave of people who mastered using AI to generate short films and comics made quite some money because they could produce a lot more content than traditional workflows - but within just a few months, everybody and their mom could make equally good short films because all the expertise could be written in a markdown file - when everyone’s more productive, no one actually has an advantage and it’s a race to the bottom. very quickly it became impossible to make money, and everyone’s busier than they were without AI - the only one making money now is companies like bytedance who owns user demand and distribution. they sell ads to creators who pay to get traffic, and eventually ad spend became 80% of those creators’ operating expense, while AI tokens is less than 5% so what are the problems here? 1. there’s no moat if you are creating anything with AI if a human is really good at something, and it’s hard to find more humans who can do the same, they can leverage the scarcity of their skill to get paid very well but if AI is good at something, it will be infinitely replicated, so there’s no scarcity hence you can’t really expect a sustainable business by creating anything with AI 2. more creators created more content people actually liked. that’s a good thing but the economical benefit of that all got absorbed by the distribution platforms there’s a famous chinese poem 遍身罗绮者，不是养蚕人 - it basically says people who dress well aren’t the people making dresses. that’s exactly what’s happening here if our society doesn’t figure out a better way to distribute wealth, AI will help billionaires become trillionaires while average people become more exhausted than ever

most ppl don’t realize that lobster was once absurdly abundant, cheap as hell, & largely associated with poverty cuz dead lobsters tasted terrible. it was also used as fertilizer or animal feed, & decidedly not a prestige food. then ppl found out if you kill it right before eating it sorta tasted better so eventually through manufactured scarcity it became a luxury food. now it’s a meme about decadence.

Bitcoin is an open, global reserve asset with absolute scarcity. The Investor Guide explores Bitcoin’s monetary properties, investment case, market structure, portfolio role, custody and risks. bitcoin:native

Had a lot of fun chatting again with my twin brother @dylan522p We went through lab economics over the next few years - the shift from inference to training as RSI draws near; and how Anthropic and OpenAI are on track to control most of the world’s usable FLOPs within the next few years (because they can monetize compute better and thus outbid everyone). And then we discuss whether the >$10T of total AI capex we’ll see by the end of the decade will cause a sovereign debt crisis, where hyperscaler debt raises interest rates, drives non-AI exposed countries into bankruptcy, and crashes non-AI equities. One question we weren’t able to resolve is whether there’s anything that can counter all the forces barrelling towards centralization in this industry - the economies of scale in training, the scarcity of compute, and eventually continual learning and RSI. 0:00:00 – Two labs will soon control most of the world’s compute 0:07:01 – $6 billion in fab capex enables $1t+ of end revenue 0:13:08 – Compute prices will rise if the labs outbid everyone 0:18:22 – Which layer will capture most of the surplus? 0:25:40 – Will datacenter regulation slow down AI? 0:29:43 – Labs are shifting compute from inference to R&D 0:33:27 – China gets less than 10% of new compute, but its labs need less 0:48:48 – Will AI cause a sovereign debt crisis? 1:07:52 – Will the world's future workforce belong to a few companies?

Neil Movva (@neilmovva) started his career at Nvidia, working on GPUs and kernels, and has an unusually deep understanding of inference, from software to chips to power. We spend a lot of time on each of those layers, how they connect, and where the important tradeoffs are. What makes this conversation special is how detailed it is (like a 401-level class), yet Neil makes it remarkably clear and easy to follow. Today he runs Sail Research, a company building infrastructure for agents to make tokens as cheap as possible. We discuss: - Latency versus throughput - Why there are no bad chips, only bad pricing - The end of kernel engineering - Buying chips and power no one else wants - New chip architectures - Nvidia lore + his contrarian view of the company - Open source and the frontier labs I learned a ton. Enjoy! TIMESTAMPS 0:00 Intro 0:38 Building a “Token Factory” 4:21 The Future of Background Agents 13:09 Nvidia and the GPU Stack 23:27 Chips, Memory, and Transformers 36:14 The Future of AI Training Data 44:32 Chip Scarcity and Compute Arbitrage 52:44 Reinventing the AI Data Center 59:01 Power and the “Scavenger Strategy” 1:10:10 Open vs. Closed AI