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Governments 'asleep at the wheel' over social care, says head of review
Governments around the world are seeking to speed up data centers’ connections to local power grids, to curb a growing reliance on on-site natural gas plants that threatens to increase emissions from the AI boom, according to BloombergNEF
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Governments of the world: stock up on food and water.
AI companies: we are going to have to turn off the internet.
Trump:
Governments are borrowing at the fastest pace since the pandemic.
Net borrowing by advanced economies will reach 5.2% of GDP this year, the highest since 2021, per the IMF.
The U.S. and China are on track for deficits of 8% of GDP or more in 2026.
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Governments in Europe are taking websites offline in response to warnings about critical security vulnerabilities in a programming language that underpins the internet.
Governments hold 3% of all bitcoin
Combined, they sit on about 646K BTC.
The top three:
🇺🇸 US: 328K BTC (~$27B)
🇨🇳 China: 190K BTC (~$16B)
🇬🇧 UK: 61K BTC (~$5B)
via @cryptounfolded
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Governments worldwide are insulating commerce from other areas of tension with less-than-friendly partners, ensuring that #trade# can continue with “frenemies.” Learn more. #AMGFL26#
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Governments these days be like:
“Here’s our homemade sovereign crap rocket...absolutely no idea if it even makes it halfway without blowing the entire thing up”
“But SpaceX can launch it for a fraction of the cost...and more safely”
“Nah. Here’s a billion dollars...just go burn the money” 😂
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Governments will keep spending money they don’t have, central banks will keep creating money that didn’t exist, politicians will absolutely not develop fiscal discipline, and human beings will continue being human beings.
Anyway, incredibly risky thesis for Bitcoin, right?
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Governments should be preparing, but most aren’t
