Craziest chart in Bitcoin: look at the aggressiveness of the time to long term holder supply being in loss in 2026 versus other bear markets. 7.5 million Bitcoin are underwater right now. Long-term holders, sitting in the red on a record number of coins. Here's the part your financial advisor won't mention... this is what the bottom looks like. Every time. 2015, 2018, 2022 - each cycle low was carved at the exact moment a third of the entire supply went into loss and the people who bought the top finally gave up believing. The metric spikes because the marginal seller is running out of coins to sell. It's the sound of weak hands quietly transferring their Bitcoin to patient ones, right on schedule, for the fourth time. We're sitting at 37% of supply in loss - the same neighborhood that ended every prior bear market.

Craziest part is we all knew each other already in high school! Along with @randomjohnnyh (Perplexity cofounder), @demi_guo_ (Pika CEO), @stevenkplus1 and Andrew (Cognition), and many others. We all grew up in different states but met thru the olympiad scene. Vividly remember this line from @alexandr_wang when we were around 19: "I hear people saying they want to find the next Paypal mafia. Why shouldn't it just be us?" Glad to see @chameleon_jeff get the recognition he deserves :)

This might be the craziest Codex workflow I've found. Ask ChatGPT or Codex: "Based on everything you've learned from our conversations so far, identify the single most valuable service, product, or AI-powered system that could reduce my working time by more than 50%." Then take the answer and use Codex with Product Design + /goal to build that solution for yourself. You're basically using AI to discover your biggest bottleneck... then building a custom AI system to eliminate it. Most people use AI for tasks. This uses AI to redesign your entire workflow.