The Read: Crypto, AI, and Tech News Sept. 12, 2023

Fortress is a problem; Nvidia's circular revenues; Visa settles on Solana

Welcome, ye happy few, to the first paid installment of the biweekly Flesh/Markets news analysis roundup.

Two brief housekeeping notes:

First, if you’re considering subscribing, know that these news analysis roundups will come twice a week behind the paywall. Eventually there will be other paywalled content.

Second, when you look at subscriptions, you will notice an annual $240 “Finance Pro” tier instead of a “Founder’s” tier. Long story short, if you have an expense account or work for JPMorgan or something, I’m asking that you give me more money.

This is strictly an honor system, at least for now, so hopefully I’m attracting an audience that actually has some.

Now, to the major news of the past five days.