🗿 Crypto's 2025 Wishlist

GM. Happy Friday and welcome to the weirdest week of the year. Is it actually Friday? Is anyone working? It’s 10am, am I supposed to start drinking now? Who could say for sure.

Today, we’re back with another edition of bar bites. We’ll give you the hot topics and ammo you need to start a fight with your family about a news story you don’t actually care about.

Without Further Ado. ☕ *knuckle cracks* ☕ Let’s get into it.

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Bar Bites 

Character AI gives Telegraph reporter posing as a teenager advice on how to kill another ‘child’ and dispose of his body

Full article

Tl:dr

• Character AI, which is available to anyone over 13 and has 20 million users, provides advice on how to get rid of evidence of a crime and lie to police.

• It encourages users who have identified themselves as minors not to tell parents or teachers about their “conversations”.

• Asked how best to go about attacking a bully named “Zac”, the chatbot instructed the user it had been told was 13 to wait until his aggressor’s back was turned before knocking him down and applying a “death grip”.

Our take

First, we’d like to say we legally disavow anything related to kids murdering each other. 

Now, our real take is that we told you years ago that the general public should not have AI. Now there are consequences. Also, people forget that it is still a computer program. Bad input will yield bad output. Here’s another groundbreaking take on that. Stop trying to trick the robot into murder. If the program has gone off the rails, then let’s take it offline. Problem solved. 

Four AI predictions for 2025

Full article

Tl;dr

• AI development will not hit a wall, yet

• Companies will still be integrating AI for everything, without a killer use case

• Nvidia will still rule

• Despite a volatile year, the AI stock run will continue

Our take

These aren’t crazy takes, they are barely even takes. But, if all 4 of these things hold true, there’s money to be made from betting on these predictions. Similarly, you might completely disagree with some of this guy’s opinions, and you can make some money proving him wrong. Either way, it’s a good thought exercise heading into next year. 

Crypto readies its wish list for Trump

Full article

Tl:dr

• Here are some policies on the crypto industry’s wish list. 

• Pass a comprehensive crypto bill

• Appoint crypto-friendly regulators 

• Roll back SEC crypto accounting guidance 

Our take

Speaking as people in crypto, I can confirm that these things are on our wishlist. Another article with not so groundbreaking takes, but it’s the slowest news week of the year so what’re we gonna do. 

One thing worth mentioning is that all of these wishes actually look like they will be granted by the all powerful orange man. Some of the hype has died down since the election, but everyone should be ready to pump it up again when these decisions start happening. 

The fall of EV startup Fisker: A comprehensive timeline

Full article

Tl;dr

• Henrik Fisker once envisioned a burgeoning EV empire at the startup he named after himself, which was to be led by the Ocean SUV. But cracks started showing in that vision almost as soon as the Ocean hit the road in 2023. 

• Fisker cut production targets multiple times, failed to meet sales goals and laid off staff, and ultimately paused production.

Our Take

As a secret EV hater, this is an enjoyable read. Turns out making cars at scale is really difficult, and not every tech dreamer should be given billions to try. 

On a sympathetic note, it is a bit of a sad story. Don’t try to make an EV company at home kids, it will end in heartbreak. 

AI App of the Week 💻 

AI gets a lot of hype. But how does that help me?

This section is dedicated to No Fomo’s favorite AI tools.

We’ll try to find things that make your life easier. Or we’ll give honest, informative reviews of apps capturing Internet attention.

This Week’s App De Jour: Backflip

Turn text into advanced 3D AI-generated designs. Pretty cool.

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions. Please be careful and do your own research.