---------- Forwarded message --------- From: The Cryptonite Weekly Rap <cryptoniteventu...@substack.com> Date: Mon, Apr 7, 2025, 1:33 AM Subject: Crash or correction?, Teddy Roosevelt the disrupter, Getting out of DOGE, and other great ideas... To: <g...@xny.io>
This ain't 2000, but keeping a positive attitude will still help… ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ Forwarded this email? Subscribe here <https://substack.com/redirect/2/eyJlIjoiaHR0cHM6Ly9jcnlwdG9uaXRldmVudHVyZXMuc3Vic3RhY2suY29tL3N1YnNjcmliZT91dG1fc291cmNlPWVtYWlsJnV0bV9jYW1wYWlnbj1lbWFpbC1zdWJzY3JpYmUmcj0xcDV2MHombmV4dD1odHRwcyUzQSUyRiUyRmNyeXB0b25pdGV2ZW50dXJlcy5zdWJzdGFjay5jb20lMkZwJTJGb29nbGUtc2Ntb29nbGUtd2hlcmVzLXlvdXItcGhkIiwicCI6MTYwMjgxODM4LCJzIjoxNjY1NDgxLCJmIjp0cnVlLCJ1IjoxMDI3MzAwNjcsImlhdCI6MTc0NDAwNDAyNCwiZXhwIjoxNzQ2NTk2MDI0LCJpc3MiOiJwdWItMCIsInN1YiI6ImxpbmstcmVkaXJlY3QifQ.FrIe4K8ZaZQGoHARN0ecIPiSjstAIaKJrWdM6JTNtxg?> for more <https://substack.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.bwerem9VsOtFmoa83P4FRmKsuL41BQcX1hNfxZR4wDY?> Crash or correction?, Teddy Roosevelt the disrupter, Getting out of DOGE, and other great ideas... <https://substack.com/app-link/post?publication_id=1665481&post_id=160281838&utm_source=post-email-title&utm_campaign=email-post-title&isFreemail=true&r=1p5v0z&token=eyJ1c2VyX2lkIjoxMDI3MzAwNjcsInBvc3RfaWQiOjE2MDI4MTgzOCwiaWF0IjoxNzQ0MDA0MDI0LCJleHAiOjE3NDY1OTYwMjQsImlzcyI6InB1Yi0xNjY1NDgxIiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.7jgTE6jmvEVDZFstx5VzX7cwLsAPOQdab-29CVvDB8M> The Cryptonite Weekly Rap <https://substack.com/@cryptoniteventures> and Anthony Perkins <https://substack.com/@anthonybperkins> Apr 7 ∙ Preview <https://substack.com/@cryptoniteventures> <https://substack.com/@anthonybperkins> <https://substack.com/app-link/post?publication_id=1665481&post_id=160281838&utm_source=substack&isFreemail=true&submitLike=true&token=eyJ1c2VyX2lkIjoxMDI3MzAwNjcsInBvc3RfaWQiOjE2MDI4MTgzOCwicmVhY3Rpb24iOiLinaQiLCJpYXQiOjE3NDQwMDQwMjQsImV4cCI6MTc0NjU5NjAyNCwiaXNzIjoicHViLTE2NjU0ODEiLCJzdWIiOiJyZWFjdGlvbiJ9.1k9Evl0-UiF5TvcSAj_g_9h2dEQE58RCR4_UAMSXsWo&utm_medium=email&utm_campaign=email-reaction&r=1p5v0z> <https://substack.com/app-link/post?publication_id=1665481&post_id=160281838&utm_source=substack&utm_medium=email&isFreemail=true&comments=true&token=eyJ1c2VyX2lkIjoxMDI3MzAwNjcsInBvc3RfaWQiOjE2MDI4MTgzOCwiaWF0IjoxNzQ0MDA0MDI0LCJleHAiOjE3NDY1OTYwMjQsImlzcyI6InB1Yi0xNjY1NDgxIiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.7jgTE6jmvEVDZFstx5VzX7cwLsAPOQdab-29CVvDB8M&r=1p5v0z&utm_campaign=email-half-magic-comments&action=post-comment&utm_source=substack&utm_medium=email> <https://substack.com/app-link/post?publication_id=1665481&post_id=160281838&utm_source=substack&utm_medium=email&utm_content=share&utm_campaign=email-share&action=share&triggerShare=true&isFreemail=true&r=1p5v0z&token=eyJ1c2VyX2lkIjoxMDI3MzAwNjcsInBvc3RfaWQiOjE2MDI4MTgzOCwiaWF0IjoxNzQ0MDA0MDI0LCJleHAiOjE3NDY1OTYwMjQsImlzcyI6InB1Yi0xNjY1NDgxIiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.7jgTE6jmvEVDZFstx5VzX7cwLsAPOQdab-29CVvDB8M> <https://substack.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.oRMyaZbaXyNT81-2HG14xOdp6kwXA8cm2t25xdGktRE?&utm_source=substack&utm_medium=email> READ IN APP <https://open.substack.com/pub/cryptoniteventures/p/oogle-scmoogle-wheres-your-phd?utm_source=email&redirect=app-store&utm_campaign=email-read-in-app> <https://substack.com/redirect/d4a937e5-e777-4084-86f5-ed14715e06a6?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> The rice fields in Bali—A place you would rather be. This ain't 2000, but keeping a positive attitude will still help… As we sit here on the eve of 'Black Monday' (CNBC's Jim Cramer's words <https://substack.com/redirect/38315e99-8150-4038-9ab7-d537dc01a897?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>), we thought it might be constructive to lay some simple math on the table to put corporate media's (and Wall Street's <https://substack.com/redirect/01661a09-f231-486b-87ba-b45aaf487d77?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>) recent hysteria into perspective. First, the table below reminds us that we are experiencing a tech stock correction, <https://substack.com/redirect/80fa0900-fed2-488d-90e4-f68ebf6ff3f1?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>*not <https://substack.com/redirect/80fa0900-fed2-488d-90e4-f68ebf6ff3f1?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>* a crash. <https://substack.com/redirect/80fa0900-fed2-488d-90e4-f68ebf6ff3f1?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> A tech crash happened between March 10, 2000, when NASDAQ was at 5,049, and October 9, 2002, when the Internet/NASDAQ Bubble <https://substack.com/redirect/117e232d-2e7c-4376-9531-c1b5da409a31?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> fully deflated and landed at 1,114—a 75 percent collapse!😳 <https://substack.com/redirect/562e1eef-aab9-43f1-8910-4d97c84dcc37?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> *Not a picture of a 'widespread collapse.'* The table shows that after last week's stock blood bath, four of the Magnificent 7 <https://substack.com/redirect/bcaf9d4a-7d75-4685-98e9-e6b6378321ba?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> are still up from 9% (Nvidia) to 30% (Tesla🤔) since April 4, 2024. This contrasts sharply with the widespread collapse of the Internet Bubble pop in 2000. In our December prediction post, we expressed that we couldn't choose any stock picks for 2025 because the market was so pumped up by the Trump Bump and AI hype <https://substack.com/redirect/bcaf9d4a-7d75-4685-98e9-e6b6378321ba?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>. We suggested shorting Nvidia and Google, with the caveat that we have never shorted a stock in our lives. ------------------------------ [image: Cryptonite's predictions for 2025—Short Google, Nvidia, & OpenAI?, TechBro backlash begins, Robotaxis & IPOs up...] <https://substack.com/redirect/3ceb61ee-df01-41c1-9a3f-47b989c27b3f?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> Cryptonite's predictions for 2025—Short Google, Nvidia, & OpenAI?, TechBro backlash begins, Robotaxis & IPOs up... <https://substack.com/redirect/3ceb61ee-df01-41c1-9a3f-47b989c27b3f?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> The Cryptonite Weekly Rap <https://substack.com/profile/146561965-the-cryptonite-weekly-rap> and Anthony Perkins <https://substack.com/profile/1338763-anthony-perkins> · Jan 6 Read full story <https://substack.com/redirect/3ceb61ee-df01-41c1-9a3f-47b989c27b3f?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> ------------------------------ Real revenues, baby… In our 1999 book, *The Internet Bubble: What You Need to Know Before the Coming Shakeout! (HarpersBusiness) <https://substack.com/redirect/41b3fd33-2b21-4957-9dac-c84021a21c06?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>*, we noted that of the 133 Internet companies that went public, over 80 percent had minimal revenues and no profits, and the other 20 percent had no revenues.😳 Who needs revenues? We have eyeballs and clicks!' was the mantra that ultimately drove the economy into a major recession <https://substack.com/redirect/41b3fd33-2b21-4957-9dac-c84021a21c06?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> . In retrospect, all the Internet revenues didn't materialize until *Web2*, with the advent of smartphones, enterprise, and mobile cloud apps. <https://substack.com/redirect/b22a1b4d-21b4-48b0-ad9e-67b7b526a4be?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> *Thank you, Grok3.* *Public tech company revenue* *Public tech companies such as Tesla, NVIDIA, Meta, Google, Amazon, Apple, and Microsoft have shown significant growth in AI-related revenues:* *2021: $50 billion - 2022: $70 billion - 2023: $90 billion - 2024: $130 billion* Private AI company revenue *Companies like Anduril <https://substack.com/redirect/cdb5c996-4404-44c3-adb5-c183212f6107?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>, Anthropic <https://substack.com/redirect/18a026e2-f9bb-484f-b5ac-4ceb6daa1116?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>, Celonis <https://substack.com/redirect/b8569636-e077-47ca-a8b2-cd0898a00660?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>, Databricks <https://substack.com/redirect/075eac63-56df-4ca9-8bc9-710d54537526?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>, OpenAI <https://substack.com/redirect/1d726996-199f-4c51-9d1d-090b77bc54b5?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>, and Perplexity AI <https://substack.com/redirect/71bd11ee-3811-4473-a01a-fa2b418460cb?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>, and others have also experienced rapid revenue increases:* *2021: $5 billion - 2022: $10 billion - 2023: $20 billion - 2024: $30 billion* A significant difference in this chapter is that the AI business is already showing robust revenue growth, driven by advancements in generative AI models, subscription-based services, and enterprise adoption of AI tools. We've already paid for our Grok3 and Perplexity PRO accounts, which cost $20 and $30 a month, respectively, so we see the must-have value. <https://substack.com/redirect/a9ae8605-b1b5-4730-bdde-d50c9a59be28?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> *Early on, the commercialization of the Internet was a rebellion against Microsoft's rise <https://substack.com/redirect/f592615b-88db-40f3-96a0-99ed3bf0bfd7?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> and a desire for an alternative open software development platform. **Art by Grok3.* The Internet Bubble was about everything being free! (Other than your dial-up access). ☎️ And the best part of it all is that no one owned the IInternet 🎶*Ding Dong, the Wicked Bill G is dead.*🎶 Mission accomplished. This over-enthusiasm turned out to be an excellent ROI for *Web2* entrepreneurs and investors, as it inspired 6 billion people to connect over free and ownerless network protocols. This same found now sits at the foot of *Web3*, and the results will be 10x *Web2* (as in $200 trillion of new wealth). The AI-powered new world, much of it built on top of blockchain-based apps to guarantee security and privacy, is ultra-added value. It's the next modern layer on top of the Internet that offers advantages over Web2 we can only imagine. Take heart💜. The prices of our favorite stocks got puffed up, but they aren't going to grind down for the next two-and-a-half years. We promise. ------------------------------ And we’ve only just begun <https://substack.com/redirect/b79a4538-a08b-4185-a274-03c7804a85df?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> ------------------------------ Oh, and those pesky tariffs *Breaking News!* The Elon leaks his tariff advice to the President on X: *"At the end of the day, I hope it's agreed that both Europe and the United States should move ideally to a zero-tariff situation. If people wish to work in Europe or wish to work in North America, they should be allowed to do so, in my view—This has certainly been my advice to the president."* —*Elon's remarks during a video interview with Italian Deputy Prime Minister Matteo Salvini on Saturday.* The Cowardly Lion is effectively recommending the creation of a free trade zone between Europe and North America. Brilliant.😎🤙🏼 More on this in a second. Back to the math. In our last post, we learned from DOGE team member Tom Krause <https://substack.com/redirect/efc8de69-e0ab-4093-92a5-002b4836827e?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>, who was formerly Broadcom's CFO and later President of its Software Group, that 'the Treasury Department uses only one bank account to make trillions in federal payments.' 😳 Mr. Krause further stated that if the government were a public corporation, 'it would not only be impossible for it to pass an audit, but the leadership would likely be in jail.' Do we deserve for our government, as a public agency we fund, to conform to the same GAAP standards and corporate governance principles as the Magnificent 7? In the same way, when you study the chart below (referred to as the 'chart of death' by corporate media), you see that the US has a trade deficit with every major country. You will also see in the 'Tariffs Charged' section that, according to the Boogeyman, we live on a very uneven playing field. Is it reasonable to suggest to our 'trade partners' that WWII is long over, the Marshall Plan is exhausted, we have shifted to a multipolar world order, and the US can no longer play Sugar Daddy to foreign governments? These uneven arrangements are detrimental to the self-esteem of every participating nation and are no longer sustainable. <https://substack.com/redirect/ba57c7a6-b37b-43be-8d8e-bca264726f30?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> In addition to this list, there are about 60 other nations being levied a baseline 10% tariff on all imports. Canada and Mexico were already hit with 25% tariffs tied to border, immigration, and drug issues. The Boogeman practices what we call the 'shock and awe' <https://substack.com/redirect/ff76e1ee-321c-4e5b-814a-8fc9cd25551a?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> global diplomacy. While it is everything but *gentil*, the Boogeyman does get people's attention to what he thinks is a problem real quick. Tacking tariffs on 8o+ countries all at once was definitely a shock. Even so, when you analyze Trump's 'reciprocal tariffs' hikes, they only average 28 percent versus the 57 percent average' trade tax' we pay our 'partners.' So this move is more of a half of a shock and awe. What is in play here is Trump's high-stakes game to erase the US trade deficit, boost domestic manufacturing, reset the global industrial base, and raise revenue (potentially hundreds of billions) to offset the tax cuts he promised the American people. Of course, the Bogeyman haters are banging the alarm bells, and the 'economists' are criticizing his formulas as flawed, noting that they truly do not reflect foreign tariffs and could spark retaliation, higher consumer prices, or even a recession.Those are all fair points, but we have a more optimistic view. Our year-end forecast What we dispassionately see is a 'shock and awe' strategy that has worked with Venezuela and Colombia to take back their gangsters, Panama to cut ties with the CCP in the Panama Canal, and Canada and Mexico to help beef up our border and stem the flow of fentanyl into the US. Inelegant in delivery, with trumped-up details and math? Yes, but our asks to those countries were ultimately fair and challenging to refute. It will be the same with the tariff negotiations. And back to Elon's idea about creating a free zone between the US and the EU. That's the goal! It is far better than charging EU countries 20 percent tariffs and the US running a $260 billion trade deficit with our allies. Indeed, China has quickly 'retaliated' with its own 35 percent tariff hike on US goods. Still, there is growing reason to believe that most other nations are ready and willing to negotiate. While traveling on Air Force One today, Trump told reporters that since the tariffs announcement, he has spoken with 'a lot of leaders in Europe and Asia, who are dying to make a deal.' He also boasted that the US has already 'received $7 trillion of committed investments for building automotive manufacturing plants, chip companies and other types of businesses, at levels that we've never seen before.' Earlier in the day, in a statement to the *Sunday Times*, the UK prime minister's office said Keir Starmer will announce Monday that he understands the rationale behind President Donald Trump's <https://substack.com/redirect/97f937e2-377f-41e3-a6b5-fe9e4945aa67?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> tariffs and acknowledge that 'the West is entering a new economic era, and globalization is over.' The stock market will edge back up by year-end and continue to rise into 2026 because our industry's fundamentals are so strong. We shall see how this announcement goes tomorrow, but if the 'centrist left' Labour Party Prime Minister from the UK can set a tone of partial appeasement with the Boogeyman and inspire other countries to follow suit, there is also hope for a quicker rebound. We will also stick with our prediction that 25 tech IPOs will still happen this year (one down already with CoreWeave). Barring some unforeseen disasters, the US should continue to fortify our government’s operations, cut deficits, balance trade, lower energy costs, stay out of wars, and be at peace with our neighbors. For these things, we pray.🙏🏼 ------------------------------ Who you know, what you know, and when you know it is the most valuable currency in the global Silicon Valley. Share <https://substack.com/app-link/post?publication_id=1665481&post_id=160281838&utm_source=substack&utm_medium=email&utm_content=share&utm_campaign=email-share&action=share&triggerShare=true&isFreemail=true&r=1p5v0z&token=eyJ1c2VyX2lkIjoxMDI3MzAwNjcsInBvc3RfaWQiOjE2MDI4MTgzOCwiaWF0IjoxNzQ0MDA0MDI0LCJleHAiOjE3NDY1OTYwMjQsImlzcyI6InB1Yi0xNjY1NDgxIiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.7jgTE6jmvEVDZFstx5VzX7cwLsAPOQdab-29CVvDB8M> ------------------------------ Channeling Teddy Roosevelt Steve Jobs used to say, 'You don't have to accept the way things are just because they are the way they are.' Every US President has started their administration with the intention of downsizing the scope and power of government and balancing our trade deficits. It is one thing to recognize the big problems, but it's another to solve them, especially in an increasingly complex modern world. The kind of fundamental changes necessary today to return power back to the people requires a disruptor as the leader, not a politician. <https://substack.com/redirect/a66ade81-02bf-43c9-b869-9a2bad1dc356?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> A 1902 political cartoon depicting Theodore Roosevelt in his Rough Rider role from the Spanish-American War promoting the Monroe Doctrine and warning European powers to stay out of American affairs.🤔 *"We can't sustain a system that bleeds billions of taxpayer dollars on programs that have outlived their usefulness or exist solely because of the power of politicians, lobbyists, or interest groups. We are going to go through our federal budget as I promised during the campaign, page by page, line by line, eliminating those programs we don't need and insisting that those that we do need to operate in a sensible, cost-effective way."* *—President Barak Obama on February 24, 2009, during his Address to Joint Session of Congress. President Obama went on to sign off on $5 trillion worth of new legislative costs and drove the federal debt up an additional $4.6 trillion.* President Teddy Roosevelt was a disrupter <https://substack.com/redirect/7b496d49-b4a3-4f2b-a719-d595d7776459?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> because he took on the corporate monopolies that controlled the American economy at the turn of the 20th century. Massive trusts like Standard Oil and US Steel held unchecked power over entire industries, stifling competition, exploiting workers, and taking advantage of consumers. Roosevelt viewed this central corporate power as a threat to both democracy and the free market, and he took bold action to dismantle it. Today, the concentration of power in our government has become the greatest threat to our democracy. It will take a disruptor with the will of Teddy to take down that Beast. ------------------------------ [image: Top 25 Robot VC investors, the F-147 and killer drones, the X/xAI global content juggernaut, the electric BMW M3 for '28, and more scary stuff...] <https://substack.com/redirect/c4b8a13c-bd6c-4080-9574-9efc0b0153df?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> Top 25 Robot VC investors, the F-147 and killer drones, the X/xAI global content juggernaut, the electric BMW M3 for '28, and more scary stuff... <https://substack.com/redirect/c4b8a13c-bd6c-4080-9574-9efc0b0153df?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> The Cryptonite Weekly Rap <https://substack.com/profile/146561965-the-cryptonite-weekly-rap> and Anthony Perkins <https://substack.com/profile/1338763-anthony-perkins> · Apr 1 Read full story <https://substack.com/redirect/c4b8a13c-bd6c-4080-9574-9efc0b0153df?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> ------------------------------ It’s time to get out of DOGE Perhaps the Boogeyman dissentors are right—it's a good time to get out of DOGE. Why not go to a place where people live much more simple and happier lives for a while? Extended stays allow you to become part of the community and reflect upon your life back home in the US. You will find that you have escaped an incredibly stressed-out, often psychotic, busy-busy culture where people have given over their identities to social media and politics. It’s time for a break! <https://substack.com/redirect/c9b1020b-d7ea-4c2c-8888-92ed16c94d7a?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> *A scene from a Lisbon coffee shop.* Unless you've already made your riches and created your personal Neverland nestled along the western Santa Cruz Mountain Hills, looking down on Silicon Valley, we suggest you consider camping out in one of the six cities below that stand out for remote workers and blend affordability with quality of life. Lisbon, Portugal *Quality of Life:* Lisbon offers a mild climate, a vibrant culture, and a welcoming expat community. It ranks high for safety, walkability, and access to beaches and historic sites. Fast internet (average speeds over 100 Mbps), a growing tech scene, and a digital nomad visa make it a hotspot for remote workers. Cafés and coworking spaces abound. *Cost of Living:* Approximately $1,500–$2,000 per month for a single person, including rent in the city center (e.g., a one-bedroom apartment averages $1,000). This is roughly half the cost of many U.S. cities. <https://substack.com/redirect/22e89f3a-5cbd-4b31-9d0d-03e498d129d0?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> Chiang Mai, Thailand *Quality of Life:* Known for its laid-back vibe, lush surroundings, and rich cultural heritage (temples, night markets), Chiang Mai offers a peaceful yet stimulating environment. Reliable internet, a strong digital nomad community, affordable coworking spaces (e.g., Punspace), and great food. *Cost of Living:* Around $800–$1,200 per month, with rent for a modern one-bedroom apartment averaging $300–$500. This is a fraction of U.S. costs. <https://substack.com/redirect/de2e2785-6576-4769-8a9f-086bf3567c2b?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> *The Colombian people will lift your spirit!* Medellin, Colombia *Quality of Life:* Dubbed the “City of Eternal Spring,” Medellín boasts a pleasant climate, modern infrastructure, and a thriving arts scene. It’s safer than its past suggests. *Cost of Living:* Approximately $1,000–$1,500 per month, with a one-bedroom apartment in a good area costing $400–$700. *Why It’s Ideal: *High-speed internet, a growing number of coworking spaces, and a digital nomad visa make it attractive. The friendly locals and low costs enhance the lifestyle. <https://substack.com/redirect/c4651690-9829-4047-9bbf-af9a8ff79c02?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> *The streets of Tbilisi.* Tbilisi, Georgia *Quality of Life:* Tbilisi combines old-world charm with modern amenities, offering a unique blend of Eastern European and Asian influences. It’s safe, walkable, and surrounded by stunning landscapes. *Cost of Living:* 1,000–$1,300 per month, with rent averaging $300–$600 for a central apartment. *Why It’s Ideal:* Excellent internet (fiber-optic widespread), a burgeoning tech scene, and a six-month visa-free stay for many nationalities (plus a low tax burden) appeal to remote workers. <https://substack.com/redirect/c0fa1e86-e9c5-4147-b2b0-58fcc860e203?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>
