Ten31 Timestamp: Spirit of '63

<p>Marty and John Arnold dig into Anthropic's S-1 numbers, Meta's first negative free cash flow quarter in over a decade, and why Treasury Secretary Bessent is invoking Lincoln's National Currency Act of 1863 to sell stablecoins.</p>

<p>🔗 <a href="https://bitcoinproducts.com">https://bitcoinproducts.com</a></p>

<p>In this episode:</p>

<ul>

<li>Anthropic's S-1, revenue per dollar of compute, and Fortune 500 penetration</li>

<li>Meta's CapEx surge, negative free cash flow, and $95B equity raise plan</li>

<li>Why GPU rental prices keep rising while bears call the bubble</li>

<li>Gulf oil and LNG flows back above pre-war levels</li>

<li>The Qatar LNG deal, Henry Hub, and a possible Russia Ukraine peace deal</li>

<li>Reshoring, China export controls, and a bifurcating world</li>

<li>The 1863 National Currency Act, the GENIUS Act, and T-bill backed digital dollars</li>

<li>Gold convertibility in 1879 and what it means for gold and the Bitcoin reserve</li>