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25th October 2024 > > UN, AI, Denmark & MS.

Updated: Oct 27, 2024

tl;dr

Defund the UN campaign starts now. A.I is about to empower the feral scumbag scammers. Denmark is setting its face against the crypto revolution. Microsoft investors lean the other way.


Market Snap


Market Wrap

BTC is outperforming, probably because we saw another $200mm inflow yesterday to the ETFs.


Occasional Series – The UN is morally bankrupt


Putin is standing on a large block of wood for this staged photo, as he spends much of the rest of his life looking at peoples’ waists. Despite seeing that block of wood, Secretary-General of the UN, Antonio Guterres, bows his head in an act of supine supplication to a murderous fiend. Who’s the bitch now, Guterres?


If only the UN were financially bankrupt too, the world’s problems would be a whole lot easier to deal with.


Curious Cryptos’ Commentary – Artificial intelligence

I came across this statement about an upgrade to Claude 3.5:


“But here’s where things get really interesting. The upgraded Sonnet isn’t just smarter; it’s now capable of controlling your PC. Anthropic calls this new feature ‘computer use’, and it’s currently in public beta. The way it works is, you give Claude access to your desktop, and a task to execute. The AI will then begin to act as if it were a human using your computer via a remote desktop—moving the cursor, clicking buttons, and typing out commands and filling forms and text fields just like a human would.”


Holy mackerel.


This is a scammer’s delight.


Curious Cryptos’ Commentary – Denmark

It’s such a shame. It seems impossible that anyone could ever hold a grudge against the Danes, but there are some senior naysayers within the government machinery who are attempting their own Operation Choke Point against crypto investors. Do they know quite how antagonistic such a stance really is?


Denmark’s Tax Law Council has issued a 93-page report discussing crypto taxes:



The first sentence says it all:


“The Tax Act has looked at how the rules for taxing profits and losses on trading in financial crypto assets can be designed so that investors in the future are taxed more appropriately.”


That “taxed more appropriately” is technocrat speak for “pay more taxes”.


The report leans towards a model of taxation that mirrors US Presidential Candidate Kamala Harris’ own preference – to tax unrealised capital gains.


This is a blatant attempt to make investing in crypto assets less attractive (you won’t get a refund on unrealised capital losses) and to ensure an increased number of sellers at any one time (to cover the cost of being taxed on unrealised gains).


Truly the antipathy towards cryptos is very deeply embedded within the global technocratic elite.


Curious Cryptos’ Commentary – Microsoft

Microsoft has announced the agenda for its annual shareholder’s meeting in December and it is very exciting:


It is important to note that the Board recommends against assessing investing in BTC, but the fact that the proposal has made it this far is indicative of the direction of travel. In time, BTC will become a staple in the Treasury reserves of all listed companies.

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