Watch the conversation between Jinming and Shenyu, study notes Since coming into contact with Bitcoin in 2011, my view on BTC has remained unchanged, still being a 'digital gold' asset that can be truly held without the need for intermediaries. Some people say that Bitcoin cannot continue to rise because they have not seen a new narrative, while Shenyu believes that 'good assets do not need a narrative, the longer they are, the more valuable they become'. The value of BTC only manifests in extreme situations. How do you view gold? Not looking, nor holding gold. Bitcoin is the better gold. A public blockchain ecosystem like Ethereum may not be for human use, but for AI agents. However, we are still observing whether the scenario of 'large-scale adoption of agents on Ethereum' will occur. The possibility space has been opened up, but it still requires time. The three-layer positioning method shared by Shenyu: 1) Discovering an abnormal signal, buy a position of a few thousandths to no more than 2% as an observation position, and spend time and effort studying the company thoroughly; 2) If the logic is correct, upgrade the position to a 5-10% allocation ratio; 3) We need to go through a leap of faith, where TAM is large enough and both monopoly and growth dimensions are good, in order to upgrade our position from less than 10% to 20% or more. At present, assets that have entered the third level of Shenyu include Bitcoin, Ethereum, and Tesla. SpaceX is still observing and timing. We are also considering whether to downgrade ETH. How to obtain information in daily life now? Completely relying on AI, there are three main Agents An agent is a tool/rational, telling you what happened yesterday; An agent is biased towards women/soft, searching for those things deep inside together, like a psychologist; There is also an agent that combines yesterday's behavior and output to tell you what blind spots you have, which can be referenced or adjusted based on historical events/figures. In addition, there is a note taking system based on evolutionary thinking that abstracts and organizes previous focus/related content, hybridizes some content/articles, and pushes them to the divine fish. There are also some daily newspapers/long articles and other push notifications. Overall, once the Agent system is set up, I believe important information will be retrieved on its own.