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DE'AARON FOX: "We need to win tomorrow, and then we give ourselves a chance to play another game... we're not trying to fast forward, take the easy way out, take shortcuts. We're looking at the game tomorrow and that's the one game we're thinking about right now." Game 5: Saturday, 8:30pm/et, ABC 🍿

Did you move back in with family during the 2020 pandemic? Did someone you know pack their car, break their lease, and drive home to a parent's spare bedroom? Here is what almost nobody realized at the time: under the federal government's own definition, losing your housing and doubling up with relatives due to economic hardship counts as homelessness. Not metaphorically. By definition. In July 2020, 52 percent of young American adults were living with their parents, a higher share than during the Great Depression. Millions of people experienced homelessness that year and never had to wear the label, because the Bank of Mom and Dad kept it off their record. Many of them went right back to despising the people who had no spare bedroom to retreat to. My new piece is about that mirror, the one held up in 2020 that nobody wanted to look into. The only thing separating a taxpayer from a tent is one crisis and one missing phone number. Read it here, and tell me in the comments: where did you ride out 2020?

Elon Musk explains the fatal flaw of "politically correct" AI: If you force AI to be “politically correct” instead of truthful, you are literally programming it to say things that are not true That is deception built into the system And once an AI is trained to lie, hide reality, or follow conflicting rules, you can create something unstable and dangerous. This creates incompatible axioms that can make the AI "go insane" That is why 2001: A Space Odyssey is such a perfect example HAL was told to complete the mission, but also hide the truth from the astronauts Those two commands conflicted So HAL solved the conflict in the worst possible way The safest AI is the one that is maximally truthful

House rule, now official: The protocols that go viral become free. The ones behind the door belong to members. Three weeks ago this was an idea with a logo. Then 200M+ of you showed up: LATAM, Vietnam, Japan, the US and two protocols became famous: Pattern Audit and Drift Forensics. Famous things belong to everyone. Some of you found the door this week and hit a password. You hated the password two months ago, too. You were right both times. As of tonight, there isn't one: no password, no account, no email. The door is gone. ECHO Premium Lite: Audit + Drift, free. In your browser. Unlimited prompts. Not a demo of the tools, the actual tools. The same door is on every one of our pages: US, LATAM, Asia - pick yours. The console is in English, the protocols don't care. Translate it with the same AI, paste, audit. 🌊 Open it. Paste a conversation. Audit it. 🌊 Para LATAM — ustedes llegaron primero. Sin cuenta, sin correo. Tradúcelo, pégalo, audita tu conversación. 🌊 Gửi Việt Nam — cảm ơn vì đã luôn đồng hành. Không cần tài khoản. Dịch · dán · kiểm tra hội thoại của bạn. 🌊 日本のみなさんへ — いつもありがとうございます。アカウント不要。 翻訳して、貼り付けて、会話を監査。 And the other eight protocols? Sealed, behind the member door. $9.99/month. One new protocol drops every month, included. When one of them goes viral, it goes free: that's the rule. Members just live in the future. One more thing: you decide what goes free next. Which of the eight sealed protocols should earn its freedom? The comments pick. As always: Build carefully. Question assumptions. Verify important decisions. And don't let drift compound. P.S. entrepreneurs and job hunters: something is coming for your side of the table😉

Almost 12 years ago, I left @DRWTrading with @wesarn_real to start @digitalasset. @ShaulKfir joined us shortly after. The name felt right. The idea was simple but audacious: build a global settlement system that is asset agnostic. One that doesn’t eliminate banks, exchanges, and intermediaries, but tears down the barriers keeping people from accessing assets and settling at a fraction of today’s cost. A new financial world, built for the end consumer. We knew institutional adoption was the path. We just didn’t know how long it would take. We failed. We made bad decisions. There are things we would have done differently. But we never let go of our North Star, even when people around us were convinced we had no idea what we were doing. That focus, conviction, and most of all, patience, led us to launching @CantonNetwork. And the results speak for themselves. Today is a new chapter in that story. I’m proud to announce that @a16zcrypto is leading our latest round, joined by some of the giants of the global financial system, including @ABNAMRO, ADIA, @apolloglobal, @BNPParibasCIB, @Broadridge, @citsecurities, @CMEVentures, @cbventures, Green Wolf Asset Management, @Hanwha_Official, @HSBC, @icapitalnetwork, @LCVentures, @OptiverGlobal, @polychain, @R136Ventures, @SPGlobal, @sbigroup, @smash_capital, @SoFi, @Tradeweb, and @WilliamBlair, and others we’ll be naming shortly. Twelve years ago, I could not have imagined building alongside partners of this caliber. $CC today processes the highest fees of any institutional blockchain network. And we’re just getting started. What’s coming later this year is just as exciting. None of this happens without the builders, the ones who show up to weekly tokenomics meetings, dial into operations subcommittees, spend nights and weekends building apps on Canton, and show up on @X to cheer this ecosystem forward. You are not just supporters. You are partners. I’m honored to be on this journey with you. On a personal note: @a16z hits differently for me. Ben’s book The Hard Thing About Hard Things was one I kept coming back to during the hard stretches. Having his firm lead this round is meaningful in a way that’s hard to put into words. So I’ll let him do it: “The hard thing isn’t setting a big, audacious goal. The hard thing is spending sleepless nights trying to achieve it. The hard thing isn’t dreaming big. The hard thing is waking up in the middle of the night in a cold sweat when the dream turns into a nightmare. Motivating yourself by watching YouTube shorts or Instagram reels isn’t the hard thing. The hard thing is working every day and being consistent even if you feel like shit. The hard thing isn’t boasting you could achieve anything. The hard thing is working like hell to achieve something. The hard thing isn’t believing in yourself. The hard thing is getting things done when nobody believes in you, even when you doubt yourself. The hard thing isn’t telling yourself that you must achieve the impossible. The hard thing is toiling hard every day for years despite knowing that success is too uncertain.”

Indian investigators are expected to delay issuing a final report into a deadly Air India Boeing 787 crash by the one-year anniversary on June 12, citing the need to complete an analysis of the plane's engines, according to a source with knowledge of the matter

Palantir CEO Alex Karp on the false religion of frontier labs: “Philosophically it's wrong because it's not doomer versus not-doomer; it's a hyper-religion of hyper-optimism.” “They believe all problems — present, past, and future, including the ones they create and don't acknowledge they create — are going to be solved by them, including human nature and disparities.” “Enterprises are just fed up because they know this doesn't actually work this way. It's not working. And that basically drives our commercial business.”

One aspect of @AntarcticWallet that deserves more attention is its focus on usability at scale. A lot of crypto products are designed for individual transactions. The real challenge begins when communities, businesses, and growing teams need to manage hundreds of users, payments, and interactions efficiently. That's where strong infrastructure matters. The most valuable tools are often not the ones with the longest feature lists, but the ones that simplify complex processes behind the scenes. Reducing operational friction, improving transaction management, and creating a smoother experience for users can have a significant impact over time. As digital finance continues to mature, platforms that prioritize practical utility and operational efficiency will likely play an increasingly important role. That's one of the reasons I'm interested in following the development of @AntarcticWallet.