Crypto Updates
Tether Surpasses Countries in US Treasury Bills Holdings
Tether has become a major buyer of US Treasury bills with $72.5 billion in exposure, ranking ahead of nations like the UAE, Mexico, Australia, and Spain. The stablecoin maintains over 60% market dominance with daily trading volumes exceeding $50 billion.
Stanford Blockchain Week Unveils 3 Must-Watch Trends
Key developments include maturation of Zero Knowledge Proofs technology, modular blockchain solutions from projects like Arbitrum and Chainlink, and renewed Bitcoin attention across tech and culture sectors.
Hit Network and BitBoy Crypto Part Ways Amid Controversy
BJ Investment Holdings severed ties with Ben Armstrong over allegations of substance abuse and staff harm. Armstrong disputes this characterization, claiming an "attempted coup." The BitBoy Crypto brand's future remains uncertain.
MakerDAO's Decision Sparks Debate: Solana vs. Ethereum
MakerDAO co-founder Rune Christensen announced the NewChain network would use Solana's codebase, prompting Vitalik Buterin to sell his remaining MKR tokens and sparking community debate.
El Salvador Educates Students on Bitcoin
El Salvador's Ministry of Education partners with Mi Primer Bitcoin and Bitcoin Beach to introduce Bitcoin education in public schools by 2024, aiming for global leadership in public Bitcoin education.
AI Updates
Google Unveils New AI Tools
Google announced 20 new prebuilt AI models, the SynthID watermarking tool, next-gen training chips, and Duet AI rollout across Workspace applications, alongside partnerships with General Motors, FOX Sports, and others.
Zoom Launches AI Assistant
The new AI Companion offers chat composition, real-time transcription and translation, meeting recaps, and action item generation at no additional cost for subscribers.
The Cost of Execution Goes to Zero
A Bain report highlights decreasing weekly work hours across industrial revolutions. Distribution has shifted, with top earners now working most hours, raising questions about valuing strategy over execution in knowledge work.
Anguilla Benefits from .ai Domain Surge
The Caribbean island managing .ai addresses expects significant revenue from doubled domain registrations driven by artificial intelligence demand, with major companies like Google and Microsoft adopting .ai domains.
Travel Update
Georgia as a Digital Nomad Destination
Georgia offers visa-free one-year stays for 98 nations, affordable Tbilisi living costs, reliable internet (15 EUR/month for unlimited mobile data), easy local bank account access, and mountain, beach, and wine region attractions.
Content Currently Consuming
Listening: Tigerbelly: Dan Soder & Jellabiya Boys (podcast episode)
Watching: One Piece (Netflix series adaptation of the manga/anime about pirate captain Monkey D. Luffy)
Tool of the Week
Airbnb Experiences — Locally-led activities and tours in worldwide destinations offering cultural immersion, skill-building, and authentic travel connections through small private group settings.
Inspiring Quotes
"Not only do people who do great work never become haters, haters never do great work." — Paul Graham
"The secret to happiness is to face the fact that the world is horrible." — Bertrand Russell
"I'm a greater believer in luck, and I find the harder I work the more I have of it." — Thomas Jefferson
Productivity Tips and Tricks
Surrounding Yourself With Like-Minded People
Community membership provides clear direction through shared aspirations, reduces distraction, offers knowledge-sharing opportunities, prevents common mistakes, provides motivation through witnessing peers' success, and creates emotional support during entrepreneurial challenges.
Published: September 11, 2023