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▽ How AI broke the smart home in 2025  Wed, 24 Dec 2025 12:05:18 GMT
▽ The Nvidia chip borrowing boom Tue, 23 Dec 2025 12:00:13 GMT
Chipwrecked: Can Nvidia avoid the crash? Mon, 22 Dec 2025 18:15:40 GMT
▽ Doing the robot into 2026 Mon, 22 Dec 2025 12:22:01 GMT
The Vergecast is heading back to CES! Fri, 19 Dec 2025 17:32:09 GMT
▽ AGI is on the way out Fri, 19 Dec 2025 12:07:59 GMT

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From: "The Verge" <vergedaily@...
To: [email protected]
Date: Tue, 23 Dec 2025 12:00:13 GMT
Subject: ▽ The Nvidia chip borrowing boom

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style="background-color:#fff;margin:0;padding:0;-webkit-text-size-adjust:none;text-size-adjust:none"><div class="sailthru-emco-preheader" style="display: none; max-height: 0px; overflow: hidden;">The AI industry is using a lot of loans.</div><div style="display:none"><a href="https://sailthru.com"><img src="https://link.theverge.com/img/6927830d52f971372306c18epph25.amq/58cc24ce.gif" alt="" border="0" /></a></div><table class="nl-container" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff"><tbody><tr><td><table class="row row-1" align="center" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tbody><tr><td><table class="row-content stack" align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;color:#000;width:500px;margin:0 auto" 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border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tbody><tr><td><table class="row-content" align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;color:#000;border-radius:0;width:500px;margin:0 auto" width="500"><tbody><tr><td class="column column-1" width="25%" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-left:10px;padding-right:10px;padding-top:10px;vertical-align:middle"><table class="image_block block-1" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad" style="padding-bottom:5px;width:100%"><div class="alignment" align="right"><div style="max-width:105px"><img src="https://media.sailthru.com/composer/images/bazh/hl2fkmfb/c6o/87w/97z/Jess%20Weatherbed%20verge%20image.jpg" style="display:block;height:auto;border:0;width:100%;border-radius:999px" width="105" alt title height="auto"></div></div></td></tr></table></td><td class="column column-2" width="75%" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-bottom:5px;padding-top:5px;vertical-align:middle"><table class="paragraph_block block-1" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div style="color:#202020;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:16px;font-weight:700;letter-spacing:0;line-height:1.2;text-align:left;mso-line-height-alt:19px"><p style="margin:0">Jess Weatherbed</p></div></td></tr></table><table class="paragraph_block block-2" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div style="color:#202020;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:12px;font-weight:400;letter-spacing:1px;line-height:1;text-align:left;mso-line-height-alt:12px"><p style="margin:0">NEWS WRITER<a href="https://link.theverge.com/click/43178909.13778/aHR0cHM6Ly93d3cudGhldmVyZ2UuY29tLz91ZWlkPWJjNjIwNzJjNzlhYzdiZTk5MDQyMGUzMzM1ZDBjOTUyJmJ4aWQ9NjkyNzgzMGQ1MmY5NzEzNzIzMDZjMThl/6927830d52f971372306c18eB08ab92c5" target="_blank" style="text-decoration: underline; color: #5200ff;" rel="noopener"></a></p> </div></td></tr></table></td></tr></tbody></table></td></tr></tbody></table><table class="row row-3" align="center" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tbody><tr><td><table class="row-content stack" align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;color:#000;border-radius:0;width:500px;margin:0 auto" width="500"><tbody><tr><td class="column column-1" width="100%" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;vertical-align:top"><table class="paragraph_block block-1" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div style="color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:17px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:26px"><p style="margin:0"> The circular deals propping up the AI boom have been widely discussed, but fully understanding what that actually entails — regarding datacenters, chip deals, startup investments, and more — was enough to make my brain hurt before I had the pleasure of reading Liz Lopatto’s GPU banking breakdown. I gift this knowledge to you all in turn, before I depart for the year. I’ll be back in January to cover the newsletter again while Dom is attending CES. Happy holidays!</p></div></td></tr></table> <table class="divider_block block-2" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad" style="padding-bottom:20px;padding-left:10px;padding-right:10px;padding-top:20px"><div class="alignment" align="center"><table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #e9e9e9"><span style="word-break: break-word;">&#8202;</span></td></tr></table></div></td></tr></table></td></tr></tbody></table></td></tr></tbody></table><table class="row row-4" align="center" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tbody><tr><td><table class="row-content stack" align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;color:#000;border-radius:0;width:500px;margin:0 auto" width="500"><tbody><tr><td class="column column-1" width="100%" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;vertical-align:top"><table class="heading_block block-1" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad" style="padding-left:10px;padding-right:10px;padding-top:10px;text-align:center;width:100%"><h1 style="margin:0;color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:26px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:31px"><span class="tinyMce-placeholder" style="word-break: break-word; color: #000000;"><span style="word-break: break-word; color: #5200ff;">/</span> In today’s issue</span> </h1></td></tr></table><table class="list_block block-2" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word;color:#5200ff;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:17px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:26px"><tr><td class="pad"><div style="margin-left:-20px"><ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert"><li aria-level="1" style="Margin:0 0 2px 0"><span style="word-break: break-word; color: #000000;">Nvidia's chips on the table</span></li><li aria-level="1" style="Margin:0 0 2px 0"><span style="word-break: break-word; color: #000000; font-family: inherit; background-color: transparent;">What is a podcast?</span></li><li aria-level="1" style="Margin:0 0 2px 0"> <span style="word-break: break-word; color: #000000; font-family: inherit; background-color: transparent;">Bitcoin boozers</span></li><li aria-level="1" style="Margin:0 0 2px 0"><span style="word-break: break-word; color: #000000; font-family: inherit; background-color: transparent;">Spotify got scraped</span></li><li aria-level="1" style="Margin:0 0 2px 0"> <span style="word-break: break-word; color: #000000; font-family: inherit; background-color: transparent;">Samsung Wide Fold, GoPro laptop 📲</span></li><li aria-level="1" style="Margin:0 0 2px 0"><span style="word-break: break-word; color: #000000;">ChatGPT wrapped, CECOT report, Instacart AI 📰</span></li></ul></div></td></tr></table><table class="divider_block block-3" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"> <tr><td class="pad" style="padding-bottom:20px;padding-left:10px;padding-right:10px;padding-top:20px"><div class="alignment" align="center"><table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #e9e9e9"><span style="word-break: break-word;">&#8202;</span></td></tr></table></div></td></tr></table></td></tr></tbody></table></td></tr> </tbody></table><table class="row row-5" align="center" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tbody><tr><td><table class="row-content stack" align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;color:#000;border-radius:0;width:500px;margin:0 auto" width="500"><tbody><tr><td class="column column-1" width="100%" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;vertical-align:top"><table class="divider_block block-1" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad" style="padding-bottom:10px;padding-left:10px;padding-top:10px"><div class="alignment" align="left"><table border="0" cellpadding="0" cellspacing="0" role="presentation" width="15%" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="divider_inner" style="font-size:1px;line-height:1px;border-top:5px solid #5200ff"><span style="word-break: break-word;">&#8202;</span></td></tr></table></div></td></tr></table><table class="heading_block block-2" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad" style="padding-left:10px;padding-right:10px;text-align:center;width:100%"><h1 style="margin:0;color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:26px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:31px">Chipwrecked</h1></td></tr></table><table class="paragraph_block block-3" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div style="color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:14px;font-weight:400;letter-spacing:0;line-height:1.2;text-align:left;mso-line-height-alt:17px"><p style="margin:0">By Elizabeth Lopatto</p></div></td></tr></table><table class="paragraph_block block-4" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div style="color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:17px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:26px"><p style="margin:0;margin-bottom:16px"> The AI data center build-out, as it currently stands, is dependent on two things: Nvidia chips and borrowed money. Perhaps it was inevitable that people would begin using Nvidia chips <em>to</em> borrow money. As the craze has gone on, I have begun to worry about the weaknesses of the AI data center boom; looking deeper into the financial part of this world, I have not been reassured.</p><p style="margin:0"> Nvidia has plowed plenty of money into the AI space, with more than 70 investments in AI companies just this year, according to PitchBook data. Among the billions it’s splashed out, there’s one important category: neoclouds, as exemplified by CoreWeave, the publicly traded, debt-laden company premised on the bet that we will continue building data centers forever. CoreWeave and its ilk have turned around and taken out debt to buy Nvidia chips to put in their data centers, putting up the chips themselves as loan collateral — and in the process effectively turning $1 in Nvidia investment into $5 in Nvidia purchases. This is great for Nvidia. I’m not convinced it’s great for anyone else. </p></div></td></tr></table><table class="button_block block-5" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad"><div class="alignment" align="center"><a href="https://link.theverge.com/click/43178909.13778/aHR0cHM6Ly93d3cudGhldmVyZ2UuY29tL2FpLWFydGlmaWNpYWwtaW50ZWxsaWdlbmNlLzg0ODk4OC9udmlkaWEtY2hpcC1sb2Fucy1jb3Jld2VhdmUtZ3B1LWRlYnQtYWktbmVvY2xvdWQ_dWVpZD1iYzYyMDcyYzc5YWM3YmU5OTA0MjBlMzMzNWQwYzk1MiZieGlkPTY5Mjc4MzBkNTJmOTcxMzcyMzA2YzE4ZQ/6927830d52f971372306c18eB0a4423c0" target="_blank" style="color:#ffffff;text-decoration:none;"><!--[if mso]> <v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word" href="https://link.theverge.com/click/43178909.13778/aHR0cHM6Ly93d3cudGhldmVyZ2UuY29tL2FpLWFydGlmaWNpYWwtaW50ZWxsaWdlbmNlLzg0ODk4OC9udmlkaWEtY2hpcC1sb2Fucy1jb3Jld2VhdmUtZ3B1LWRlYnQtYWktbmVvY2xvdWQ_dWVpZD1iYzYyMDcyYzc5YWM3YmU5OTA0MjBlMzMzNWQwYzk1MiZieGlkPTY5Mjc4MzBkNTJmOTcxMzcyMzA2YzE4ZQ/6927830d52f971372306c18eC0a4423c0" style="height:40px;width:190px;v-text-anchor:middle;" arcsize="10%" fillcolor="#5200ff"> <v:stroke dashstyle="Solid" weight="0px" color="#5200ff"/> <w:anchorlock/> <v:textbox inset="0px,0px,0px,0px"> <center dir="false" style="color:#ffffff;font-family:sans-serif;font-size:15px"> <![endif]--> <span class="button" style="background-color: #5200ff; mso-shading: transparent; border-bottom: 0px solid transparent; border-left: 0px solid transparent; border-radius: 4px; border-right: 0px solid transparent; border-top: 0px solid transparent; color: #ffffff; display: inline-block; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 15px; font-weight: 400; mso-border-alt: none; padding-bottom: 5px; padding-top: 5px; padding-left: 20px; padding-right: 20px; text-align: center; width: auto; word-break: keep-all; letter-spacing: normal;"><span style="word-break: break-word; line-height: 30px;"><strong>Read the whole story</strong></span></span> <!--[if mso]></center></v:textbox></v:roundrect><![endif]--></a></div></td></tr></table><table class="divider_block block-6" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad" style="padding-bottom:20px;padding-left:10px;padding-right:10px;padding-top:20px"><div class="alignment" align="center"><table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #e9e9e9"><span style="word-break: break-word;">&#8202;</span></td></tr></table></div></td></tr></table></td></tr></tbody></table></td></tr></tbody></table><table class="row row-6" align="center" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tbody><tr><td><table class="row-content stack" align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;color:#000;border-radius:0;width:500px;margin:0 auto" width="500"><tbody><tr><td class="column column-1" width="100%" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;vertical-align:top"><table class="divider_block block-1" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"> <tr><td class="pad" style="padding-bottom:10px;padding-left:10px;padding-top:10px"><div class="alignment" align="left"><table border="0" cellpadding="0" cellspacing="0" role="presentation" width="15%" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="divider_inner" style="font-size:1px;line-height:1px;border-top:5px solid #5200ff"><span style="word-break: break-word;">&#8202;</span></td></tr></table></div></td></tr></table><table class="heading_block block-2" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad" style="padding-left:10px;padding-right:10px;text-align:center;width:100%"><h1 style="margin:0;color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:26px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:31px">It’s finally time to retire the word ‘podcast’</h1></td></tr> </table><table class="paragraph_block block-3" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div style="color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:14px;font-weight:400;letter-spacing:0;line-height:1.2;text-align:left;mso-line-height-alt:17px"><p style="margin:0">By Andru Marino</p></div></td></tr></table><table class="paragraph_block block-4" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div style="color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:17px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:26px"><p style="margin:0;margin-bottom:16px"> According to YouTube’s 2025 Recap feature, the podcast I consumed the most on its platform was Seth Meyers’ recurring segment “A Closer Look” on his show <em>Late Night</em>. Last year, I would have argued that this is not a podcast. That it is, in fact, a clip of a TV show. But in 2025, with almost every major podcast now having a video component, the definition of the word “podcast” has become pretty meaningless.</p><p style="margin:0"> A decades-old TV show talk show format is now almost indistinguishable from podcasts like <em>Good Hang with Amy Poehler</em>, <em>Armchair Expert with Dax Shepard</em>, <em>Club Shay Shay with Shannon Sharpe</em>, and other shows at the top of Spotify’s podcast charts.&nbsp;So in 2026, instead of trying to define what a podcast is, I think we need to stop using the word altogether. “Podcast” is becoming an outdated or even a potentially cringe internet relic, similar to how the phrase “web series” faded from use online. </p></div></td></tr></table><table class="button_block block-5" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad"><div class="alignment" align="center"><a href="https://link.theverge.com/click/43178909.13778/aHR0cHM6Ly93d3cudGhldmVyZ2UuY29tL2VudGVydGFpbm1lbnQvODQyNDU3L3BvZGNhc3Qtc2hvdy1uYW1lLWNoYW5nZT91ZWlkPWJjNjIwNzJjNzlhYzdiZTk5MDQyMGUzMzM1ZDBjOTUyJmJ4aWQ9NjkyNzgzMGQ1MmY5NzEzNzIzMDZjMThl/6927830d52f971372306c18eB5f139b18" target="_blank" style="color:#ffffff;text-decoration:none;"><!--[if mso]> <v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word" href="https://link.theverge.com/click/43178909.13778/aHR0cHM6Ly93d3cudGhldmVyZ2UuY29tL2VudGVydGFpbm1lbnQvODQyNDU3L3BvZGNhc3Qtc2hvdy1uYW1lLWNoYW5nZT91ZWlkPWJjNjIwNzJjNzlhYzdiZTk5MDQyMGUzMzM1ZDBjOTUyJmJ4aWQ9NjkyNzgzMGQ1MmY5NzEzNzIzMDZjMThl/6927830d52f971372306c18eC5f139b18" style="height:40px;width:190px;v-text-anchor:middle;" arcsize="10%" fillcolor="#5200ff"> <v:stroke dashstyle="Solid" weight="0px" color="#5200ff"/> <w:anchorlock/> <v:textbox inset="0px,0px,0px,0px"> <center dir="false" style="color:#ffffff;font-family:sans-serif;font-size:15px"> <![endif]--> <span class="button" style="background-color: #5200ff; mso-shading: transparent; border-bottom: 0px solid transparent; border-left: 0px solid transparent; border-radius: 4px; border-right: 0px solid transparent; border-top: 0px solid transparent; color: #ffffff; display: inline-block; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 15px; font-weight: 400; mso-border-alt: none; padding-bottom: 5px; padding-top: 5px; padding-left: 20px; padding-right: 20px; text-align: center; width: auto; word-break: keep-all; letter-spacing: normal;"><span style="word-break: break-word; line-height: 30px;"><strong>Read the whole story</strong></span></span> <!--[if mso]></center></v:textbox></v:roundrect><![endif]--></a></div></td></tr></table><table class="divider_block block-6" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad" style="padding-bottom:20px;padding-left:10px;padding-right:10px;padding-top:20px"><div class="alignment" align="center"><table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #e9e9e9"><span style="word-break: break-word;">&#8202;</span></td></tr></table></div></td></tr></table></td></tr></tbody></table></td></tr></tbody></table><table class="row row-7" align="center" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-size:auto"><tbody><tr><td><table class="row-content stack" align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-size:auto;color:#000;border-radius:0;width:500px;margin:0 auto" width="500"><tbody><tr><td class="column column-1" width="100%" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-top:5px;vertical-align:top"><table class="heading_block block-1" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad" style="padding-bottom:10px;padding-left:10px;padding-right:10px;text-align:center;width:100%"><h1 style="margin:0;color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:26px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:31px"> <span class="tinyMce-placeholder" style="word-break: break-word;"><span style="word-break: break-word; color: #5200ff;">/</span> Comments section</span></h1></td></tr></table><table class="html_block block-2" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad"><div style="font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;text-align:center" align="center"><div class="quote" style="background:#f8f5ff;padding:15px 20px 0px;margin: 0 10px 0;color:#353535;font-size:16px;line-height:1.5;text-align:left;font-weight:700;"> sierra_sunlight<span>:</span> </div></div></td></tr></table> <table class="html_block block-3" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad"><div style="font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;text-align:center" align="center"><div class="quote" style="background: #f8f5ff;color:#000000;padding:0px 20px 15px;margin: 0 10px;font-size:17px;line-height:1.5;text-align:left;"> “Welcome to Hell, Bari Weiss” </div></div></td></tr></table><table class="paragraph_block block-4" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div style="color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:15px;font-weight:400;letter-spacing:0;line-height:1.2;text-align:left;mso-line-height-alt:18px"><p style="margin:0"> ➝ See the conversation: <a href="https://link.theverge.com/click/43178909.13778/aHR0cHM6Ly93d3cudGhldmVyZ2UuY29tL3BvbGljeS84NDk0MzIvNjAtbWludXRlcy1jZWNvdC1jZW5zb3JlZC1jYW5hZGEtbGVhaz91ZWlkPWJjNjIwNzJjNzlhYzdiZTk5MDQyMGUzMzM1ZDBjOTUyJmJ4aWQ9NjkyNzgzMGQ1MmY5NzEzNzIzMDZjMThlI2NvbW1lbnRz/6927830d52f971372306c18eBf2675455" target="_blank" style="text-decoration: underline; color: #5200ff;" rel="noopener">The 60 Minutes report on CECOT that Bari Weiss censored is now internet contraband</a></p></div></td></tr></table><table class="divider_block block-5" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad" style="padding-bottom:20px;padding-left:10px;padding-right:10px;padding-top:20px"><div class="alignment" align="center"><table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #e9e9e9"><span style="word-break: break-word;">&#8202;</span></td></tr></table></div></td></tr></table></td></tr></tbody></table></td></tr></tbody></table><table class="row row-8" align="center" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tbody><tr><td><table class="row-content stack" align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;color:#000;border-radius:0;width:500px;margin:0 auto" width="500"><tbody><tr><td class="column column-1" width="100%" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;vertical-align:top"><table class="divider_block block-1" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad" style="padding-bottom:10px;padding-left:10px;padding-top:10px"><div class="alignment" align="left"><table border="0" cellpadding="0" cellspacing="0" role="presentation" width="15%" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="divider_inner" style="font-size:1px;line-height:1px;border-top:5px solid #5200ff"><span style="word-break: break-word;">&#8202;</span></td></tr></table></div></td></tr></table><table class="heading_block block-2" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad" style="padding-left:10px;padding-right:10px;text-align:center;width:100%"><h1 style="margin:0;color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:26px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:31px">Bitcoin does cultural diplomacy in a dive bar</h1></td></tr></table><table class="paragraph_block block-3" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div style="color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:14px;font-weight:400;letter-spacing:0;line-height:1.2;text-align:left;mso-line-height-alt:17px"><p style="margin:0">By Tina Nguyen</p></div></td></tr></table><table class="paragraph_block block-4" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div style="color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:17px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:26px"><p style="margin:0;margin-bottom:16px"> Bitcoin culture, by nature, is anarchical and chaotic. It <em>has</em> to be, given the nature of Bitcoin itself and the people who adopted it: free-market libertarians who’ve gone all in on turning computer code into a form of money divorced from central banks, government intervention, and traceability. In short, it’s the exact opposite culture of Washington, DC, home of the federal government, where everyone agrees that the American dollar exists and is worth X amount because the government says so. </p><p style="margin:0;margin-bottom:16px"> So it was a bizarre shock to K Street, the corporate lobbying heart of the nation’s capital, when it was announced that Pubkey, a Bitcoin-themed dive bar from New York City, would open its second location in downtown DC — smack dab in expense-card restaurant territory. Pubkey DC was going to be a vessel for the Bitcoin community’s political aspirations and influence. Instead of policy white papers and government affairs work, they were going to invite people — Republican, Democrat, important people, not-important people — into their quirky, very nice, superchill world, full of Bitcoiners who wanted to work with the government rather than evade them at all costs. </p><p style="margin:0">First things first: hide the wonky policy stuff behind the bar — literally.</p></div></td></tr></table><table class="button_block block-5" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad"><div class="alignment" align="center"><a href="https://link.theverge.com/click/43178909.13778/aHR0cHM6Ly93d3cudGhldmVyZ2UuY29tL3BvbGljeS84NDkxMzMvcHVia2V5LWRjLW9wZW5pbmctYml0Y29pbi1iYXI_dWVpZD1iYzYyMDcyYzc5YWM3YmU5OTA0MjBlMzMzNWQwYzk1MiZieGlkPTY5Mjc4MzBkNTJmOTcxMzcyMzA2YzE4ZQ/6927830d52f971372306c18eB087ea826" target="_blank" style="color:#ffffff;text-decoration:none;"><!--[if mso]> <v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word" href="https://link.theverge.com/click/43178909.13778/aHR0cHM6Ly93d3cudGhldmVyZ2UuY29tL3BvbGljeS84NDkxMzMvcHVia2V5LWRjLW9wZW5pbmctYml0Y29pbi1iYXI_dWVpZD1iYzYyMDcyYzc5YWM3YmU5OTA0MjBlMzMzNWQwYzk1MiZieGlkPTY5Mjc4MzBkNTJmOTcxMzcyMzA2YzE4ZQ/6927830d52f971372306c18eC087ea826" style="height:40px;width:190px;v-text-anchor:middle;" arcsize="10%" fillcolor="#5200ff"> <v:stroke dashstyle="Solid" weight="0px" color="#5200ff"/> <w:anchorlock/> <v:textbox inset="0px,0px,0px,0px"> <center dir="false" style="color:#ffffff;font-family:sans-serif;font-size:15px"> <![endif]--> <span class="button" style="background-color: #5200ff; mso-shading: transparent; border-bottom: 0px solid transparent; border-left: 0px solid transparent; border-radius: 4px; border-right: 0px solid transparent; border-top: 0px solid transparent; color: #ffffff; display: inline-block; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 15px; font-weight: 400; mso-border-alt: none; padding-bottom: 5px; padding-top: 5px; padding-left: 20px; padding-right: 20px; text-align: center; width: auto; word-break: keep-all; letter-spacing: normal;"><span style="word-break: break-word; line-height: 30px;"><strong>Read the whole story</strong></span></span> <!--[if mso]></center></v:textbox></v:roundrect><![endif]--></a></div></td></tr></table><table class="divider_block block-6" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad" style="padding-bottom:20px;padding-left:10px;padding-right:10px;padding-top:20px"><div class="alignment" align="center"><table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #e9e9e9"><span style="word-break: break-word;">&#8202;</span></td></tr></table></div></td></tr></table></td></tr></tbody></table></td></tr></tbody></table><table class="row row-9" align="center" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tbody><tr><td><table class="row-content stack" align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;color:#000;border-radius:0;width:500px;margin:0 auto" width="500"><tbody><tr><td class="column column-1" width="100%" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;vertical-align:top"><table class="divider_block block-1" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"> <tr><td class="pad" style="padding-bottom:10px;padding-left:10px;padding-top:10px"><div class="alignment" align="left"><table border="0" cellpadding="0" cellspacing="0" role="presentation" width="15%" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="divider_inner" style="font-size:1px;line-height:1px;border-top:5px solid #5200ff"><span style="word-break: break-word;">&#8202;</span></td></tr></table></div></td></tr></table><table class="heading_block block-2" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad" style="padding-left:10px;padding-right:10px;text-align:center;width:100%"><h1 style="margin:0;color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:26px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:31px">Pirate library rips 86 million of the most popular songs on Spotify </h1></td></tr></table><table class="paragraph_block block-3" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div style="color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:14px;font-weight:400;letter-spacing:0;line-height:1.2;text-align:left;mso-line-height-alt:17px"><p style="margin:0">By Emma Roth</p></div></td></tr></table><table class="paragraph_block block-4" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div style="color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:17px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:26px"><p style="margin:0;margin-bottom:16px"> Spotify says it has launched new protections against “anti-copyright attacks” after the open-source library / pirate activist group Anna’s Archive announced it’s ripped 86 million songs from the platform. The first torrent released says it contains metadata, such as album art, song title, and artist name, belonging to 99.9 percent of Spotify’s 256 million tracks. The group says it plans to make the 300TB worth of music files available at a later date.</p><p style="margin:0"> Anna’s Archive, which describes itself as “the world’s largest shadow library,” says it “backed up Spotify” as part of an attempt to create a “preservation archive” for music using Spotify’s “popularity” metric to determine which tracks to download first. According to the group, “We have archived around 86 million songs from Spotify, ordering by popularity descending. While this only represents 37 percent of songs, it represents around 99.6 percent of listens.”</p></div></td></tr></table><table class="button_block block-5" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad"><div class="alignment" align="center"><a href="https://link.theverge.com/click/43178909.13778/aHR0cHM6Ly93d3cudGhldmVyZ2UuY29tL25ld3MvODQ5MTQxL3Nwb3RpZnktc2NyYXBlLWF0dGFjay1icmVhY2gtYW5uYXMtYXJjaGl2ZS1tdXNpYy0zMDB0Yi1kb3dubG9hZD91ZWlkPWJjNjIwNzJjNzlhYzdiZTk5MDQyMGUzMzM1ZDBjOTUyJmJ4aWQ9NjkyNzgzMGQ1MmY5NzEzNzIzMDZjMThl/6927830d52f971372306c18eBe143b92b" target="_blank" style="color:#ffffff;text-decoration:none;"><!--[if mso]> <v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word" 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mso-border-alt: none; padding-bottom: 5px; padding-top: 5px; padding-left: 20px; padding-right: 20px; text-align: center; width: auto; word-break: keep-all; letter-spacing: normal;"><span style="word-break: break-word; line-height: 30px;"><strong>Read the whole story</strong></span></span> <!--[if mso]></center></v:textbox></v:roundrect><![endif]--></a></div></td></tr></table><table class="divider_block block-6" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad" style="padding-bottom:20px;padding-left:10px;padding-right:10px;padding-top:20px"><div class="alignment" align="center"><table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #e9e9e9"><span style="word-break: 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width="100%" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;vertical-align:top"><table class="heading_block block-1" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad" style="padding-left:10px;padding-right:10px;padding-top:10px;text-align:center;width:100%"><h1 style="margin:0;color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:26px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:31px"> <span class="tinyMce-placeholder" style="word-break: break-word; color: #000000;"><span style="word-break: break-word; color: #5200ff;">/</span> <strong>One great deal 💰</strong></span></h1></td></tr></table><table class="list_block block-2" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word;color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:17px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:26px"><tr><td class="pad"><div style="margin-left:-20px"><ul start="1" style="margin-top:0;margin-bottom:0;list-style-type:revert"><li style="Margin:0 0 1px 0"> <a href="https://link.theverge.com/click/43178909.13778/aHR0cHM6Ly93d3cudGhldmVyZ2UuY29tL2dhZGdldHMvODQ5MDY1L2JlYXRzLWhlYWRwaG9uZXMtcGl4ZWwtMTAtcGFwZXJ3aGl0ZS1kZWFscy1zYWxlcz91ZWlkPWJjNjIwNzJjNzlhYzdiZTk5MDQyMGUzMzM1ZDBjOTUyJmJ4aWQ9NjkyNzgzMGQ1MmY5NzEzNzIzMDZjMThl/6927830d52f971372306c18eB3bef1374" style="text-decoration: underline; color: #5200ff;">You can save up to $200 on Beats Studio Pro</a></li></ul></div></td></tr></table><table class="divider_block block-3" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" 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