This week’s “Deconstruction” focuses on the Bitcoin rally, Ethereum wallet disruptions, pressure from U.S. regulators, book destruction for AI, and the illusion of autonomy in bunkers.
Short Squeeze and Incomplete Capitulation
Bitcoin sharply surged to $79,500 amid massive short covering of nearly $3 billion in a day. Despite most indicators pointing to extreme downturn levels, analysts are hesitant to declare a full reversal.
Long-term holders are offloading coins, and new capital has yet to arrive. As a result, the market remains thin, and the real accumulation phase, according to historical models, is postponed to the fall.
Ethereum Wallet Disruptions Due to Update
The upcoming Ethereum Glamsterdam update will change the fee calculation logic, adding charges for transfers to new addresses. This will prevent older crypto wallets with fixed limits from calculating costs, causing the blockchain to reject their transactions.
Developers are making this move consciously, sacrificing user convenience to slow database growth and preserve decentralization.
Regulatory Pressure on Congress
U.S. regulators (SEC and Treasury) have decided not to wait for Congress and have introduced their own strict rules for crypto, notably leaving stablecoins without government insurance. This coordinated flow of documents directly pressures lawmakers stuck in disputes.
For the market, this means immediate clarity, but without comprehensive legislation, these rules remain vulnerable and could be rewritten with a change in power.
Book Destruction for AI
To protect its neural networks from degradation due to machine content, Amazon is buying rare print editions, digitizing them, and then physically destroying them.
The corporation uses a legal precedent where destroying the original after scanning is considered a legal “format change,” not piracy. It’s simpler and cheaper for the company to dispose of paper copies than to negotiate with millions of authors.
Illusion of Autonomy in Bunkers
The IT elite is buying bunkers, attempting to build a fully autonomous underground digital civilization with local neural networks and satellite Bitcoin.
However, in practice, this idea faces technical limitations. Without the internet, AI becomes unreliable, Bitcoin transaction speeds drop without global resources, and server hardware inevitably requires parts that are unavailable in isolation.
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