Crucible Capital founder @Melt_Dem says compute will be this century’s oil, and America should win the same way it built the petrodollar: financial engineering. "I am a compute maximalist. The core view we have is a view I call capital markets maximalism. America is incredible at financial engineering" "This is why the US dollar is the petrodollar. If the oil industry was the most consequential of the last century, I think the compute economy will be the most consequential of this century. How does America win? Shit ton of financial engineering. Let's do what we're really good at." "If banks are stepping back, if credit funds get more rigorous with their underwriting, we see the whole debt complex repricing from 7 to 9% into the low teens. That means we need new sources of capital to step in." @CrucibleCap