GC Cooke Profile picture
Sep 19 13 tweets 5 min read Read on X
A crypto company is hoarding $8.7B in gold bars.

Not Bitcoin. Not digital assets. Physical gold.

Mining executives call Tether "the weirdest company ever."

Here's the shocking reason they're buying up gold mines: Image
Image
Tether runs USDT, the world's biggest stablecoin.

$168 billion market cap.
$5.7 billion profits in just the first half of 2024.

They're one of the largest US Treasury holders on the planet.

But their gold strategy caught everyone off guard:
Those $8.7 billion in gold bars?

They're sitting in Zurich vaults right now.
Physical bullion backing their digital operations.

CEO Paolo Ardoino calls gold "natural bitcoin."

His next move shocked the mining industry:
June 2024: Tether invests $105 million in Elemental Altus.

That's a Toronto-listed gold royalty company.

Last Friday: Another $100 million as Elemental merged with EMX.

Total deployed: $205 million and counting.
But Tether isn't stopping at investments.

They're in talks to control the entire gold supply chain:
Mining. Refining. Trading. Royalties.

Traditional executives don't understand what's happening:
"They like gold. I don't think they have a strategy."

That's what one mining executive told reporters.

Another called them "the weirdest company I've ever dealt with."

They're missing the bigger picture:
Tether makes billions from Treasury interest.

Those Treasuries back their stablecoin.
The interest creates massive cash flow.

Now they're using those profits to buy hard assets.
Their commodity trade finance book has grown into billions.

They finance raw material shipments worldwide.

Their gold-backed token XAUt has an $880 million market cap.

Each piece connects to form something unprecedented:
Digital yields funding physical assets.

Treasury profits buying gold mines.
Stablecoin revenues creating commodity empires.

Juan Sartori from Tether confirmed this is intentional.
"We're increasing our gold exposure," Sartori said.

The strategy goes beyond simple diversification.

They're building bridges between digital and physical value.

While others debate crypto vs gold, Tether owns both:
This convergence matters for institutional investors.

Stablecoins aren't just digital dollars anymore.
They're gateways to sophisticated treasury strategies.

The smartest wealth advisors are paying attention:
At Brava.Finance, we help institutions access these opportunities.

Our managed fund provides regulated stablecoin yield exposure.
No protocol complexity. No regulatory uncertainty.

Position your portfolio at the frontier of digital treasury management.

Subscribe to Disruption Capital: lnkd.in/ddVzZJgg

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More from @GCcookeHQ

Sep 22
AI is rewiring your brain—and Silicon Valley says that's the point.

Reid Hoffman: "10,000 prompts is the new 10,000 hours."

You lose detailed problem-solving. You gain 10x ambition.

Why this trade-off is reshaping how leaders think: Image
MIT researchers measured students outsourcing essay writing to ChatGPT.

83% couldn't recall what they'd written. Brain activity plummeted.

But here's the fallacy: That's not how ambitious professionals use AI.

The study measured copy-paste. It didn't measure leadership.
When I use ChatGPT as a founder, it's not to replace my thinking.

It's to multiply it.

I prompt like I'd brief a junior colleague. Then review and edit like I'm managing a team.

The intellectual framing stays mine. The leverage becomes 10x.
Read 16 tweets
Sep 12
AI could make your kids 500 times richer than you.

Tech experts predict 20% annual economic growth.

But unless you're properly positioned, you'll miss the real opportunity.

Here's what you need to know to benefit: Image
First, let's understand what 20% growth actually means.

At that rate, the economy doubles 3 times per decade.

Your children grow up in a completely different world.

Centuries of progress compressed into decades.
ARK Invest predicts 7% annual GDP growth from AI.

That alone would double living standards every decade.

Epoch AI goes further.
They suggest 20% is possible once preconditions are met.

These aren't random numbers:
Read 14 tweets
Sep 8
Trump's Treasury pick Scott Bessent has a solution to America's $29 trillion debt crisis:

Force crypto to buy it!

Stablecoin companies must legally hold US Treasury bills as collateral. That's $2 trillion in guaranteed buyers.

Here's how crypto replaces foreign governments as America's lender:Image
First, understand what just happened.

Congress passed the Genius Act in July.

New law: Stablecoins must back their dollars with ultra-safe assets.

Translation: Treasury bills become mandatory.
Today's stablecoin market holds $250 billion.

Bessent told Congress he expects it to reach $2 trillion in the coming years.

That's 8x growth from where we are now.

Every new digital dollar needs Treasury backing.
Read 16 tweets
Sep 5
The guy who used AI to make a fake Biden and trick voters in 2024 got fined $6 million.

His amateur operation only fooled 5,000 people.

But he accidentally created the blueprint that political operatives will use to target 50 million Americans.

Here's the terrifying blueprint they'll use (and how to spot it):Image
Image
That fake Biden robocall in New Hampshire was just the beginning.

A political consultant created it with voice-cloning tools. Got caught. Faced felony charges.

The FCC's $6 million fine was the first penalty for AI voter suppression.

But while we celebrated catching one guy, something bigger was happening:
In 2024, elections took place in 64 countries.

That's 49% of the world's population voting.

38 of those countries saw deepfakes used to manipulate voters.

We weren't dealing with isolated incidents anymore:
Read 18 tweets
Aug 26
Anthropic downloaded 7 million pirated books to train Claude.

Authors are suing for $150,000 per book—that's over $1 trillion in damages.

The trial starts December 1, 2025.

Here's the copyright case that could bankrupt AI's biggest players: Image
Anthropic allegedly used piracy sites LibGen and PiLiMi to build a "central library."

Their internal goal? Collect "all the books in the world" and keep them "forever."

This wasn't scraping. It was a systematic acquisition.

The scale shocked even the judge:
Copyright damages work like this:

Minimum: $750 per work.
Maximum: $150,000 per work.

7 million books × $150,000 = $1.05 trillion.

Even at minimum damages, we're talking $5.25 billion:
Read 17 tweets
Aug 25
We're definitely NOT living in a computer simulation.

A simple calculation proves it: the entire galaxy couldn't power a single day of fake reality.

The calculation is so simple, a 5th grader could understand it.

Here's the 30-second proof we're definitely living in reality: Image
Google's new first-person view AI simulates human experiences.

You input "paint a wall" or "mow a lawn."

The AI generates a video showing these actions from a human's eyes.

Not text. Not descriptions. Actual first-person perspective video.

It's eerily close to how we experience reality:
This breakthrough sparked a deeper question.

If AI can simulate human perspective this realistically, are we sure our own reality is real?

Simulation theory suggests our entire universe might be running on some advanced computer.

Like we're characters in a cosmic video game:
Read 14 tweets

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