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A CommentBitcoin (Symbol: BTC) hit an overnight low of $80,084 in Asian time Monday 10 March 2025 (Crypto currencies trade 24/7).Now, what if we gauge the Trump 2.0 administration's fortunes based on the level of the price of Bitcoin?Strangely enough, there was a lower at $78,219 a few weeks ago.The date: 28 February, the same day as the infamous Oval Office press conference.

Bitcoin: a Trump Meter.

A CommentIt appears Wall Street has finally got around to admitting Trump's tariffs are not a great idea.Sanewashing over for now?<figure id="figure-1jfpbh4xs5m7ulh8lv"><iframe id="1jfpbh4xs5m7ulh8lv" src="https://player.vimeo.com/video/1069252232" class="w-full bg-gray-100 rounded-lg md:rounded-xl lg:rounded-2xl" style="aspect-ratio: 16/9" allow="autoplay; encrypted-media" allowFullScreen="" data-url="https://vimeo.com/1069252232?share=copy#t=0" data-corners="default" data-fullWidth="false"></iframe></figure>

Tariffs: Wall Street Wakes.

A CommentSwitzerland's central bank boss said bitcoin is too volatile and not liquid enough for use as a reserve currency "(they) do not meet the standards...that a good currency should have," are "extremely volatile", making them difficult to manage.".Funny, that volatility thing.Martin Schlegel SNB President on the day before Trump's announcement.<a data-mce-href="https://www.swissinfo.ch/eng/banking-fintech/swiss-central-bank-chief-rejects-holding-bitcoin-in-reserves/88947727" href="https://www.swissinfo.ch/eng/banking-fintech/swiss-central-bank-chief-rejects-holding-bitcoin-in-reserves/88947727" target="_blank" rel="noopener">Swiss central bank chief rejects holding bitcoin in reserves</a> Via <a data-mce-href="https://www.swissinfo.ch" href="https://www.swissinfo.ch" title="https://www.swissinfo.ch" target="_blank" rel="noopener">SWI Swissinfo.ch</a>

Swiss Central Bank BTC Too Volatile

A CommentThe White House narrative is they booted Zelenskyy out. What if it was the other way around, and he finally had enough of their nonsensical 'diplomacy' and told them to get lost. "It has been reported that Trump’s team asked Zelenskyy to leave, though the Ukrainian president said it was best “to leave this to history”.From <a data-mce-href="https://www.theguardian.com" href="https://www.theguardian.com" target="_blank" rel="noopener">The Guardian's article</a> on Sunday 2 March 2025 <a data-mce-href="https://www.theguardian.com/world/2025/mar/02/zelenskyy-offers-no-apology-to-trump-as-he-says-row-brought-nothing-positive" href="https://www.theguardian.com/world/2025/mar/02/zelenskyy-offers-no-apology-to-trump-as-he-says-row-brought-nothing-positive" target="_blank" rel="noopener">Defiant but tactful Zelenskyy seeks to move on from White House fiasco</a>

Did Zelenskyy Walk?

A CommentOn a first read, this comes across as yet more Canadian Trudeau baiting, and Gretzky promotion. Only then we get to 'He supports Canada the way it is, as he should...'.&nbsp;Say, what? Start of walk back time or just more (S)pinhead talk?Truth Social, 'Wayne Gretzky is a fantastic guy!' post Feb 27, 2025, 12.08 AM

Canada: walking back?

A CommentBelow is Perplexity AI's summery of what I think is the relevant and revelling, translation of a Chinese People’s Daily article on 24 February 2025 “Seizing the Historic Opportunity for the Development of Artificial Intelligence” by Gao Wen of Pengcheng Labs:"Open and shared AI, exemplified by the DeepSeek large model, is a catalyst for technological innovation and industrial upgrading. Its open-source nature allows for secondary development, lowering application thresholds, expanding business needs, and fostering innovation. This (open source) approach breaks down barriers, enhances transparency, promotes standardization, and creates a fair and healthy AI development ecosystem, ultimately leading to cost reductions, efficiency gains, and the growth of high-tech companies." (my bolding).(Pengcheng Labs is a Huawei partner).This post is the source material for my previous post <a data-mce-href="https://thewayrider.com/blog/us-ai-killer" href="https://thewayrider.com/blog/us-ai-killer" target="_blank" rel="noopener">"US AI Killer - After DeepSeek, part of China's continuing move to effectively blow a hole in the US AI market?"</a> The original summary of this article can be found via the link below under the sub heading 'AI Fever' via Bill Bishop at <a data-mce-href="https://sinocism.com/" href="https://sinocism.com/" title="Sinocism" target="_blank" rel="noopener">Sinocism.</a> Which in turn is part of a longer article translating these subjects: <a data-mce-href="https://sinocism.com/p/ai-chips-taiwan-plan-down-under-capital?utm_source=post-email-title&amp;publication_id=2&amp;post_id=157912104&amp;utm_campaign=email-post-title&amp;isFreemail=true&amp;r=zk6o&amp;triedRedirect=true&amp;utm_medium=email" href="https://sinocism.com/p/ai-chips-taiwan-plan-down-under-capital?utm_source=post-email-title&amp;publication_id=2&amp;post_id=157912104&amp;utm_campaign=email-post-title&amp;isFreemail=true&amp;r=zk6o&amp;triedRedirect=true&amp;utm_medium=email" target="_blank" rel="noopener">AI; Chips; Taiwan; PLAN down under; Capital outflows</a> A full translation by Bill Bishop, of the AI summary above, can be found <a href="https://abalone-taleggio-85c.notion.site/Seizing-the-Historic-Opportunity-for-the-Development-of-Artificial-Intelligence-1a41b804835280a78b44d17e0ef92a04" target="_blank" data-mce-href="https://abalone-taleggio-85c.notion.site/Seizing-the-Historic-Opportunity-for-the-Development-of-Artificial-Intelligence-1a41b804835280a78b44d17e0ef92a04" rel="noopener">here.</a>

Comments & Videos

Bitcoin: a Trump Meter.

Tariffs: Wall Street Wakes.

Swiss Central Bank BTC Too Volatile

Did Zelenskyy Walk?

Canada: walking back?

China's AI Strategy