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LeoLau

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Chinese writer Can Xue ranks first on this year’s Nobel Prize in Literature odds board.
Can Xue has been one of the leading candidates for several consecutive years. Haruki Murakami has appeared on the odds board for 17 consecutive years, but has yet to win. #nobel #诺贝尔
These past few days, I came across a fascinating book: “A High-Value-for-Money Guide to Life”
The core idea of the book is: use the least money and energy to gain the longest lifespan and the most time.
1. Don’t die young
2. Don’t die slowly
3. Don’t waste energy
4. Don’t waste time
5. Don’t waste money
6. A list of things to avoid
7. How to live with no money
8. Legal and asset security
9. Legal red lines
Whether dating and getting married are worth it, starting a business, emergency first aid, information security, renting or buying a home, long-term management of chronic diseases…
It really
Looking at domestic consumption in August, Chinese people are generally pragmatic, living ordinary lives and no longer paying upfront for luxury goods or high-consumption items!
Cars, furniture, and home appliances fell by 13.9%, 4.9%, and 5.6%, respectively, while food grew by 6.8%, cosmetics by 6.1%, and telecommunications equipment by 16.3%. This shows that consumption of basic necessities and some immediate quality-of-life improvements remains resilient, while spending on durable goods related to long-term household expenses, such as cars, furniture, home appliances, and renovations, is cl
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The root of unhappiness is not knowing what you want! Because you don't know what you want, you don't know what to pursue; because you don't know what to pursue, you get nothing.
Recent remarks by Iran's foreign minister have tightened the nerves around Middle Eastern oil once again. Two statements, each tougher than the last:
If Iran's oil cannot get out, then no oil from this entire region should get out.
At the same time, if Iran has no security guarantees, then the relevant infrastructure across the entire region is also unsafe.
This is not just empty rhetoric. But the interesting part of reality is that Iran wants to impose a blockade while others are finding ways around it. Lay out the three facts at hand, and you can understand how these harsh words were forced
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Bitcoin’s rally to $87.4K is showing signs of fatigue.
Holders are booking profits at the fastest pace this year while demand weakens, raising the risk of a near-term pullback.
The bull market remains intact, but selling pressure is building. Bitcoin holders realized 25.7K BTC in profits on September 22, the largest single-day total of 2026.
Traders’ unrealized profit margins reached 33%, their highest since December 2024.
Demand is providing less support:
Spot demand is contracting: Apparent demand fell by 170K BTC over 30 days.
Futures demand growth is slowing: Growth dropped from +164K BTC
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The old script has you waiting for a price that will never come—this cycle’s pullback is only half as deep as those of the previous two cycles, there have been no blowups, and ETFs represent structural buying that did not exist in the early years.
The easiest mistake to make this cycle is using an old map to find a new continent.
It was the largest single-day inflow of 2026, the ninth largest in history, and not a single ETF had a net outflow that day. Bitcoin was pushed to $87,300, its highest level since January, and headlines lined up neatly to declare -the institutions are back
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I’ve done four kinds of work: taught at a university, worked in product at a Fortune 500 company, invested my own money, and then started my own company. That was the order—no particular plan. Looking back, the only consistent thread is that I’ve always been looking for a way to make the statement “I think this is how it will turn out” carry a cost.
In 2016, I was a PM at a Fortune 500 company when I happened to come across Bitcoin. I went through everything I could find and read the white paper five times. Before that, I was in academia, and in the aftermath of 2008, I watched classmates work
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· Xuetuan (This is a desktop AI Agent I made)
It is a cat that lives on your desktop · An AI cat that lives on your desktop
A lightweight desktop companion built with native macOS frameworks (pyobjc + WKWebView): the cat isn't a window floating over your desktop, but is integrated into a full-screen scene video—it sits by the window as the seasons change. It supports 7 languages, voice conversations, LLM integration, desktop tidying, and a “one-tap lie down, yawn, and rest” feature.
A lightweight desktop companion built on native macOS frameworks (pyobjc + WKWebView). The cat isn't a floating
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U.S. Eastern Time 9/15 afternoon ≈ Beijing Time 9/16 2:15 a.m.)
Even if cloture passes, it is still far from becoming law; a formal vote, the House of Representatives (which will not reconvene until after the midterm elections), and the president’s signature are still required.
Today will most likely see “failure to advance” or “barely moving into debate but still far from becoming law.” Even if it ultimately passes, that would be a 2027 matter and have limited impact on this round of market movements!
The Republicans hold 53 seats, but Hawley and Rand Paul are expected to oppose it → 9–10 Dem
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AI compute vs. Bitcoin hashrate: Global online data centers consume approximately 55 GW on average; of this, clearly AI-dedicated capacity accounts for approximately 18–25 GW; the entire Bitcoin network consumes approximately 20 GW. Therefore, this year is the first year in which AI data centers match the Bitcoin network, and next year they will significantly surpass it. (Bitup)
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How to tell which way the industry is heading?
Fashion giant Shein’s valuation once exceeded that of H&M and Zara’s parent company (over $100 billion), but as Shein’s valuation shrank at its IPO, founder Chris Xu’s fortune evaporated by more than $15 billion.
In just four years, as Shein faced tariffs, political scrutiny, and increasingly fierce competition, Chris Xu’s wealth declined sharply.
According to the Bloomberg Billionaires Index, based on the IPO price and Xu’s 30% stake in Shein, his personal fortune will fall to approximately $8 billion.
Meanwhile
DeepSeek founder Liang Wenfeng’s n
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The little tool I made was originally meant to help with travel planning,
but after calling APIs and evolving on its own, it successfully predicted the earthquake and the landslides in Nepal...
Pretty amazing...
The four cross-border dragons have already changed the logic of business, with a 2.7 trillion market share (China’s four dragons—Tiktok, Temu, SheIN, and Aliexpress—account for 25%): Tiktok > Youtube; Aliexpress + Temu > Amazon; although SheIn’s market capitalization at listing was far below expectations, it is still an irreplaceable unicorn; business has now shifted from traffic logic to supply chain efficiency, and no other country can compete with China.
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Cloudflare, the globally renowned website and cloud service provider, has also launched a wallet offering stablecoin settlements... On the one hand, there’s an industry winter; on the other, major players are desperately trying to get in?
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