MARKET UPDATE: Hunter Biden Scams Us, $INTC Rips, Commodities Onchain, Anthropic's Skynet Risk — 1000x

This week, Intel rips 20% and Avi's $88 call pays off. We discuss Hunter Biden's $LAPTOP coin and why every political meme coin is explicitly telling you it exists to extract from you, why a bad first experience in crypto poisons the well for everyone, and where the actual trade is if you want to punt it anyway. Jonah then makes the case for putting commodities onchain — jet fuel perps, regional gasoline, Nigerian crude differentials — and why ICE and NYMEX are structurally incapable of launching anything new. We also get into why getting people invested in the market is a national security issue, why you can no longer earn your way out of your income bracket, why it has never been easier to be a quant, why the Bitcoin trade is in peril as flows rotate back to AI, and why Jonah thinks AGI is already here and markets melt up right until Skynet terminates us all. Enjoy!

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Timestamps:

(00:00) Coming Up on 1000x...

(00:37) Intel Rips: The $88 Call Pays Off

(05:27) Hunter Biden's Laptop Coin Is Pure Extraction

(16:13) Putting Commodities On Chain

(20:42) Why ICE And NYMEX Can't Innovate

(34:50) Getting People Invested Is A National Security Issue

(41:55) It's Never Been Easier To Be A Quant

(46:27) The Bitcoin Trade Is In Peril

(51:09) AGI Is Here (And Skynet Is Coming)

Disclaimer: Nothing said on 1000x is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Avi, Jonah and our guests may hold positions in the companies, funds, or projects discussed.