Bitcoin is completely fucked, having gone nowhere in five years -- with promises to continue going nowhere for the foreseeable future.

Alas, enter the new shiny things on the block: AI, data centers, and the Elon Musk theory of financial markets.

Earlier this month, SpaceX held its inaugural earnings call as a public company, where Elon Musk’s company announced that it would reach an annualised revenue run rate of $100bn by the end of the year.
To reassure any sceptical investors, Deutsche Bank’s analysts — fresh from calling SpaceX “the apex of civilisational ambition, oftentimes expressed in steel and fire, bending the arc of history to make humans multiplanetary by building foundational infrastructure across transportation, connectivity, and AI” — have decided to rigorously examine the case.

The use of meme and selected quotes was, uh, incredible:

archive: https://archive.md/sSZB3