$BTC Class of 2017; Real estate attorney; Cats; Boston University; University of Illinois College of Law. No legal or financial advice given. Just opinions.
Baltimore, MD
Joined November 2021
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David Rahnis retweeted
Interesting
The governor-elect of Texas, Gina Hinojosa, has explicitly said that all currently permitted datacenters in Texas will be allowed to finish construction. This essentially covers all of the 2027 and likely well into 2028.
She is going to pass laws that ensure that all *newly* permitted datacenters going forward for delivery in 2028/2029 will pay taxes, commit to no increase in power prices for consumers, don’t impact water availability for people, be constructed with union labor and give “Texans a seat at the table.”
Sounds reasonable. She doesn’t want to lose a lot of good blue collar jobs and property taxes for small towns in rural Texas.
Datacenter commentary starts at 6:30 in this interview.
Also attaching her official campaign position from her website in the next post.
Sidenote: After watching a bunch of her speeches and interviews, I do think she is a political talent and probably has a future in national politics.
youtu.be/D-T6H3b8ZeE?is=mEWu…
David Rahnis retweeted
It’s kind of fascinating that Tucker Carlson and Megyn Kelly think there is a path to them getting out of the Trump era unscathed by it.
Like we have forgotten how they fluffed him for years.
David Rahnis retweeted
The collapse of Reddit will be studied.
After reporting earnings, its stock collapsed 30% in a single day.
It's down 44% in 2 weeks.
But the most important detail is what was revealed in that earnings call.
The CEO said AI is killing Google search.
People no longer get sent to Reddit from Google. They merely get their answers from the AI Mode itself.
Even Google confirmed this themselves with their disastrous results - AI mode is cannibalising their search business.
Pretty soon, no one will visit Reddit voluntarily. Its traffic will continue to crater.
The worst part?
Reddit isn't alone. There are millions of companies and publishers that rely on search traffic.
That's what happens when you rely on a single funnel for discovery.
David Rahnis retweeted
The #Chiefs add Justin Tucker, the 7-time Pro Bowler, to their practice squad, the first time he's signed since serving a 10-game suspension for violating the league's Personal Conduct Policy.
He's insurance for Harrison Butker, who has missed 15 total kicks since the start of the 2025 season.
David Rahnis retweeted
Probably one of the most horrifying statistics I have seen today
Married + home by 30 years old in America
> 1950: 50%
> 1960: 52%
> 1970: 48%
> 1980: 45%
> 1990: 43%
> 2000: 35%
> 2010: 25%
> 2026: 12%
David Rahnis retweeted
SpaceX earnings call makes it clear that compute demand is growing, supply is very tight and AI infrastructure stocks have been unfairly punished.
Asset bubbles burst when there is a lack of demand and excess supply.
David Rahnis retweeted
The 20 richest people in crypto.
1. Changpeng Zhao : $114.6B
2. Giancarlo Devasini : $89.3B
3. Paolo Ardoino : $38B
4. Jean-Louis van der Velde : $38B
5. Stuart Hoegner : $24.7B
6. Brian Armstrong : $9.4B
7. Justin Sun : $8.5B
8. Chris Larsen : $8.4B
9. Pavel Durov : $6.6B
10. Michael Novogratz : $5.6B
11. Michael Saylor : $4.8B
12. Jed McCaleb : $3.9B
13. Tyler Winklevoss : $2.9B
14. Cameron Winklevoss : $2.9B
15. Fred Ehrsam : $2.6B
16. Song Chi-hyung : $2.6B
17. Tim Draper : $2.3B
18. Matthew Roszak : $2.26B
19. Vitalik Buterin : $560M
20. Anatoly Yakovenko : $500M to $1.2B
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