FX | Crypto | AI
Nigeria
Joined October 2020
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- Following825
- Followers1.1K
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Melchizedek retweeted
“The reason why I bought my Gwagon is because nobody has this custom in this Nigeria, I’m number 1 in everything and that’s why my house has the 001 sign. I deposited 100k dollars and I was able to move it to 1.4 million dollars in 6 days. If you want to be successful, you need to stop chasing women”
- Kecyy
Melchizedek retweeted
Power is Power
The chart below shows electricity prices in Europe just now, priced per MWh. Just horrific and economically ruinous for any modern economy.
The world spends about $4.2 trillion on electricity and this is split between:
• Generation (2/3
• Transmission & Distribution (1/3)
The world spends around $1.5 trillion on capex and $2.7 trillion on opex. The $1.5 trillion capex gets you 1-2% capacity growth each year. So a rough rule of thumb is that every 1% of GDP you spend on power infrastructure gets you 1-2% more electricity.
If you wanted to grow your power supply by eg 8%, you might expect that to cost 6% of GDP. Nobody has the supply chain to do that, if you want to grow this particular supply chain it will cost you more GDP points on second order things.
Now…
Demand for power around the world is booming, because of 3 big technology trends.
1. Air Conditioning (yes still) +20% consumption
2. Electric Vehicles +80% consumption
3. AI Data Centers +XYZ% consumption
Different regions have different progress on these three trends. US has a lot of AC, little EV and a lot of DC, Europe has little AC, lots of EV little DC. China has a lot of AC and EV.
Now generation splits into fixed costs for the generator plant (site and technology specific) and variable costs for fuel.
Dispatchable Power Cost, by Fuel Type
1. $6 / MWh - Uranium
2. $19 / MWh - Nat Gas 🇺🇸
3. $22 / MWh - Coal 🇺🇸
4. $40 / MWh - Coal 🇨🇳
5. $90 / MWh - LNG
6. $130 / MWh - Biomass
7. $160 / MWh - Nat Gas 🇪🇺 🇯🇵
8. $200 / MWh - Oil
Fracking has given the US a structural energy cost advantage. If you talk to people in China about what is the most impressive thing the US has done they say “fracking”. The challenge with US Nat Gas is that it’s now fully developed and expansion is sort of tapped out.
What the 21st Century demands is a lot of power, you either have it or you don’t. When you look at planetary scale energy and compute trends you see myriad gigantic arbitrage opportunities.
Interesting times!
Melchizedek retweeted
@Vfdbankng
May I know how a scammer created an account in your bank
With my full name and details?
Account name - Ojiako kenechukwu
Account number - 5015319207
How was kyc done?
How did this happen?
I don’t even have a bank account with you guys!!!!
VFD I need answers. I need this scammer brought to books and fast. This is ridiculous!!!!
Melchizedek retweeted
We have made significant progress in redesigning the Igbo Apprenticeship System.
We have now signed an agreement with a German Ausbildung programme, one of the world’s most respected vocational training systems in the world.
We will be selecting 20 young people between the ages of 16 and 25 from across the five South-Eastern states for specialised training in various trades, including carpentry, plumbing, welding, masonry, and other technical skills.
The selected participants will first undergo nine months of intensive German language training in Enugu before securing Ausbildung placements and relocating to Germany for specialised vocational training.
Upon completing their training, they will return to Nigeria to train others, transferring their knowledge and expertise to local communities as we progressively expand the programme.
Our core focus is precision, technical excellence, and world-class craftsmanship.
We want to develop a generation of highly skilled professionals who can build infrastructure, transform industries, create jobs, and contribute meaningfully to the development of our society.
These are the people who will build the future of our region.
We are deliberately building the human capital required to transform the South East.
The best.
Expecting gold to buy to 4027.2
Gets there and riches awaits
Trade idea shared for free t.me/Tradewithkene
Melchizedek retweeted
People say, “Manipulate others to get what you want.”
But Carl Jung said:
“Know all the theories, master all the techniques, but as you touch a human soul, be just another human soul.”
Melchizedek retweeted
Game theory teaches that if you have an edge over other players, you must shut up about it. Don't announce you have the winning hand unless that's the way you win. Ed Thorp would only bet when math was on his side: he invented card counting in blackjack and his hedge fund had 20% returns over 20yrs with only 3 months down. (He invented a formula for option pricing that he never publicized; when others did, they got a Nobel prize).
Buffett thought the same way; when he felt out of touch with the game, he closed his partnership in 1969. These Masters go around teaching how they did it, but they know no one can compete with them. Game selection is as important as skill, and it can't be taught in a one-hour speech. "If 30 mins into a poker game you don't know who the patsy is, you are the patsy"
Melchizedek retweeted
they’re calling it “Black October” and i don’t think people realize how serious this is
in the last 48 hours there have been over 27 major cybersecurity incidents. not in a month. not in a week. in 48 hours
any ONE of these would normally be the biggest story of the year
PHP: critical vulnerability in the software running 80% of the web. severity 9.2 out of 10
Node.js: high-severity flaw letting attackers take over servers remotely. affects versions 22, 24, and 26
Java: also compromised. three of the most used programming languages on earth hit at the same time
GitLab: a perfect 10 out of 10 severity hole in every version since 2014
Railway: hosting platform compromised. API keys for OpenAI, Claude, Stripe potentially exposed
Signal: a bug that could leave your mic and camera on after you hang up
WordPress: hackers stole a plugin maker’s keys and planted backdoors on websites
LiteLLM: an AI tool downloaded 3.4 million times a day was poisoned with a password stealer
and that’s not even half the list
thousands of AI agent swarms are reportedly scanning and attacking vulnerable servers right now. automated. around the clock
security researchers are saying this might be the early stages of a global cyber incident that nobody fully understands yet
if you run a website, use cloud services, store API keys on hosting platforms, or use any software built on PHP, Node.js, or Java you are potentially affected
update everything. rotate your API keys. change your passwords on critical services. enable 2FA everywhere you haven’t already
this is not a normal week on the internet. this is something different
Store your money in crypto wallets
The China state-aligned threat actor Storm-0940 used the agentic AI penetration testing framework ARTEX to automate attacks targeting hundreds of organizations globally across a broad range of industries. Microsoft Threat Intelligence assesses that Storm-0940 was responsible for the recently disclosed ConnectWise supply chain compromise of a multitenant application. msft.it/6018aakEE
Our investigation found that Storm-0940's use of ARTEX accelerated the speed of compromised application abuse to authenticate to target environments through applications that had already been granted access, allowing the threat actor to operate without requiring an interactive user sign-in. AI-accelerated follow-on activity included reconnaissance, application credential changes, and attempts to modify privileges that could enable expanded or persistent access.
Read our blog for a detailed analysis and indicators of compromise (IOCs), along with Microsoft Defender detections, protection recommendations, and guidance on investigating service principal sign-ins and unexpected application credential or privilege changes.
