In early August, BitMEX co-founder Arthur Hayes published a long-form article (Yen-quake). His central thesis was that the U.S. and Japan would work together to guide the yen higher—not by having the Bank of Japan raise interest rates, but by revamping the Fed’s FIMA Repo Facility. Japan would use its U.S. Treasury holdings as collateral to obtain dollars from the Fed, then buy yen. This process would effectively expand the Fed’s balance sheet, and the additional dollar liquidity would ultimately drive up hard assets such as $BTC . He also judged $BTC and $ETH to be undervalued, and singled out $ENA as having room for a 5–10x recovery over the coming months. Two months have passed, making this a good time to take stock:
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The future of hundredfold coins absolutely includes storage! From 'cloud storage' to 'soul carriers': Why is storage the ultimate holy grail of Web3? 🚀
Many people are optimistic about AI and computing power, but often overlook the cornerstone behind computing power—storage. If computing power is the internal combustion engine, then data is the fuel, and storage is the 'container' that supports the continuation of human civilization. 1. Ultimate Demand: When the digitization of consciousness becomes possible Imagine if in the future our consciousness, memories, and emotions could be digitized and uploaded; how much data would that generate? According to preliminary estimates in neuroscience, the human brain has about 10^{14} synaptic connections. To completely simulate or store a person's consciousness, the data volume could reach PB (Petabyte) or even higher. In an era of digital immortality, the 'consciousness backups' of billions of people worldwide will create a storage black hole close to infinity.