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Elon Musk says SpaceX and Tesla are aiming to produce 200 gigawatts of solar per year and take it to space, where "it's essentially always sunny." He says the U.S. has to scale power dramatically to compete with China, which he says has about three times America's electricity production. He also bets that every 1% increase in U.S. power usage will bring roughly a 1% increase in GDP. "SpaceX is aiming together with Tesla to do 200 gigawatts of solar production per year. And if brought to space, you get the nameplate or better on the solar power, whereas if it's on the ground, you're going to get somewhere between a fifth and an eighth of the solar power generation, and you need enormous batteries." "You've got to scale energy; you've got to scale chip production. I think we're winning on software, on anything intellectual or digital. But in the long run, we need to be able to generate enough power to compete with — I think essentially China is the biggest competitor. And China has about three times the electricity production of the United States." "The average power consumption in the United States is about 500 gigawatts. So, every 5 gigawatts of incremental steady-state production is a 1% increase in the power used... I would bet anyone that a 1% increase in power usage corresponds to roughly a 1% increase in GDP. Because the intelligence per watt keeps increasing."
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Get ready for @askar_dex "Part 2" 😎 Built on the @CantonNetwork Non-custodial wallet & DEX on Canton Network. Atomic swaps, private by design, global composability. Your Keys. Your Assets. One Synchronized Network. 🟡 We always hear the words "Atomic Settlement" but what exactly is that? 🤔 Atomic: Transaction Finality = No partial fills & No counterparty Risk! Private: Data shared strictly on a need-to-know basis Composable: One wallet across every app on the Global Synchronizer 1) Features: 👇 Everything a Canton wallet should be...which is😉 "An independent wallet built to run on the Canton Network...only now in your pocket!" Non-Custodial by Design: Your private keys are generated and stored only on your device. Nobody — including us — can touch your funds. Atomic Settlement: Trades either complete fully or not at all. Real-time finality with zero counterparty risk on the Canton ledger. Global Composability: Interact with any application connected to the Global Synchronizer — no bridges, no silos, one wallet. Trustless Swaps: Swap Canton Coin and tokenized assets peer-to-peer, settled instantly and atomically on-ledger. Sub-Transaction Privacy: Canton shares transaction data strictly on a need-to-know basis. Your activity is invisible to everyone else. Real-World Assets: Hold and manage tokenized RWAs alongside crypto — built for the network where institutional finance settles. *** @WalletConnect Support *** Connect @askar_dex Wallet to dApps on the Canton Network with WalletConnect! Simply scan, approve, and sign every session securely from your phone...😎🔥 2) Runs on the Canton Network 👇 The network where real finance goes on-chain... The Canton Network is a privacy-enabled, interoperable blockchain network designed for institutional-grade assets. @askar_dex Wallet is an independent, non-custodial wallet built to run on this network. 01 Privacy with compliance... canton-network:native is the only public network with sub-transaction privacy. Participants see only the data they are entitled to, while remaining fully auditable. 02 Institutional-Grade Rails... Built by @digitalasset and operated by a decentralized ecosystem of banks, exchanges, and market infrastructure providers moving real value on-chain. 03 The Global Synchronizer... A decentralized interoperability backbone that lets independent applications transact atomically with each other. No Wrapped Assets & No Bridges! 3) The App 👇 Designed to feel effortless... A clean and Very Fast interface for everything you do on the cc rails...from your first Canton Coin, to bridging and swapping tokenized assets, Askar DEX has you covered! *Portfolio - Track Crypto & RWA holdings at a glance *Swap - Trustless Atomic Swaps settled on-ledger *Bridge - Move Assets in & out of Canton *Activity - Full Transaction history with live status *Profile - Manage your identity & security settings 4) Get Started 👇 On the network in three steps... From download to your first atomic transaction in minutes. 1: Download & Install Get Askardex Wallet on your Android device. Setup takes less than a minute. No account or email required 2: Create or Import a Wallet Generate a new wallet with a 12-word recovery phrase, or import an existing one. Keys never leave your device. 3) Transact on Canton! Send, receive, swap, and bridge assets across the Canton Network. Every transaction signed by you, settled atomically...😉 Website: Wallet:
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🚨 JUST NOW: Elon Musk, shoulder to shoulder with President Trump, explains why AI is going to lift up ALL of humanity -- not force them into poverty @elonmusk: "I think by FAR the most likely outcome is an AGE OF ABUNDANCE where we don't have just universal basic income, we have universal HIGH income. And people speak about medical benefits. "Maybe it's worth talking a bit more about that. When you have robots and you have superintelligence, it means that EVERYONE in the world can have better medical care than anyone here, including ME. And wouldn't that be wonderful?!" Jobs are going to change. Jobs have ALWAYS changed. But being a computer used to be a job. There used to be buildings FULL of people doing calculations, but now digital computers to do those tasks. I don't think anyone is pining to go back and do calculations all day to do bank interest rates, which is what they used to do. So I think we'll see an evolution of roles. And as the President has mentioned, it's not as though unemployment has increased. In fact, there's a TREMENDOUS demand for people. So I think the most likely outcome--and it's probably worth looking at--the most likely outcome is one which is INCREDIBLY beneficial. And it's a future that you, if you could look into the future, it has a future you would WANT." WELL SAID, Elon. No notes 👏
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Five and a half years ago, @crispheaney, @bigz_pubkey, @davijlu and I set out on a weird, winding, and wonderful journey to build a perpetual futures exchange. The crypto market structure was extremely immature then. Perps were just starting out, most DeFi users were paying $200 to execute a single transaction on Ethereum. We were one of the first to bring a fully on-chain perpetual DEX to market and launched for the first time on Solana in November 2021. Today, as the exchange relaunches and enters its next chapter, I'm stepping down from Drift, now @VelocityDEX. I'm extremely proud of what we built – one of the largest exchanges on Solana with over $150B traded. Chris and Z, our technical cofounders, led the technology front to build every piece of the exchange stack, while David and I put together an incredible and experienced growth and operational team. I poured my heart, soul, and many years of the most insane ups and downs into building and growing Drift – a gruelling, but immensely fulfilling journey. In many ways, it felt like my first child. This April, we faced a state-level attack by DPRK, after a long-planned six months of social engineering infiltration. Going through it and the aftermath was by far the worst week of my life. Within ten sleepless nights, we closed a deal with Tether that put users on a path to recovery. We hired @redacted_noah, ex-head of protocol engineering at Helium, to lead the rebuild of Velocity’s smart contract technology, a difficult task he took on enthusiastically and with zest. We brought on @namanmtl, who joins us from Binance and Trust Wallet to lead Growth and Recovery to grow our trader base for the relaunch. I am proud of my team who stepped up to take initiative above and beyond – especially @tracybbd who personally took the pains to speak to every single trader and market maker on the exchange. Over the next few months, the team refused to quit and hunkered down to rebuild the exchange with a full security upgrade. Designing DFX as well as coordinating on multi-nation asset recovery working alongside @zeroShadow_io and local law enforcement agencies to freeze assets was a huge feat. This week, Velocity finalized their audit by @osec_io and @asymmetric_re and fully open-sourced the exchange. After a long and arduous journey, with many security audits in tow and with massive effort from the team, the exchange relaunches today – even better and faster than before. I would like to shout out the incredible team that will be carrying on the Velocity product. @davijlu, along with Foundation, will continue to move on the asset recovery and law enforcement work. @redacted_noah will continue to build out Velocity’s technology, shipping new features like CLOB and Prop AMM that will make the product even better and smoother. @Defioppa, who previously led product at Binance, will continue to lead the product at Velocity. @tracybbd will lead partnerships and stakeholder relationships. @namanmtl will join us from his extensive background at Binance to lead growth. With a heavy heart, I fully own this decision to step down. I have always done my best work building from zero to one. Velocity is now at the stage where it needs operators who can take it from one to ten, and I trust this team to take it to the next level. It is the right decision for me and for the protocol, to open a new chapter for Velocity. I've been all in on crypto, my whole career since I was 19. Now I will be spending energy on exploring what’s next for me personally. I care about building bridges between Asia and the US, between digital and physical infrastructure, and about bringing what I've learned home to my local community in Southeast Asia. I will actively continue to champion Velocity, and the founders and teams I’m backing. To our users and partners: thank you so much for the trust. I know the Velocity team is genuinely giving the relaunch all they have. To our investors: thank you for all your guidance and support all these years. To our team: thank you for everything. I couldn't have imagined doing this with anyone else.
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New Coin Launch: NFT (Trading-Withdrawal Schedule) @AINFTcom . ethereum:0x198d14f2ad9ce69e76ea330b374de4957c3f850a is now available on Bitkub! . - Check the current price of NFT at: . Cryptocurrency and digital tokens involve high risks; investors may lose all investment money and should study information carefully and make investments according to their own risk profile. . #Bitkub# #BitkubExchange# #NFT# #AINFT#
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Stablecoins are getting easier to hold. The harder question is still: what can you actually use them for? In most wallets, the loop stops at Hold → Send → Receive. Changer+ is building the next layer: global eSIMs, tickets, and everyday digital services — redeemed with supported stablecoins. Not just holding stablecoins. Using them.
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JUST IN: 🇨🇳 China's top intelligence agency warns anonymity in crypto is a "false proposition" and an "illusion." China's Ministry of State Security says foreign intelligence agencies use the "illusion" of crypto anonymity to trick citizens into espionage recruitment, claiming crypto is untraceable. China says blockchain transactions leave a permanent digital trail, and converting between fiat and crypto makes it easy to expose people's identities.
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BNB Chain is already home to one of the largest user bases in crypto with rapid growth across stablecoins and RWAs. Today, we’re welcoming @thomasxchen as our Chief Business Officer as BNB Chain deepens its focus on institutions, capital and onchain market activity. Thomas brings deep experience across traditional finance and digital assets, with a strong track record building institutional businesses across capital markets, custody, trading and growth. At BNB Chain, his focus is clear: bring more institutions and capital onchain, deepen liquidity, grow volume and strengthen long-term value across the ecosystem. Welcome to BNB Chain, Thomas. Let’s keep building.
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