AI companies have no network effects
even the hardware providers with proprietary programming languages such as CUDA have zero network effects -- with LLMs, you could easily translate between one programming, language and another
you can easily take your data, your code, and your text files and move to another service provider and use a different LLM
imagine investing in an entire ecosystem with zero moat and high valuations
Byzantine
byzantine@stacker.news
npub1t5wc...6dke
even the byzantine empire fell
anyone buying physical silver is a fool, but may not know you are a fool until you try and sell it.
silver brokers are happy to sell you silver but don't want to buy it from you.


giving an artificially intelligent external api access to your email, password manager and file system is going to end so badly.
π₯BREAKINGπ₯ clawdbot malware copies entire network credentials of ABC Inc to unknown caiman island server
π§¨
π
View quoted note β
climbing taipei tower is nothing compared to this beast of a climb
best part about winter storms is turning on my old s19 heaters next to some exposed pipes
i recently learned that saylor built a dollar reserve. his shareholders should be embarrassed. at the very least he should have built a gold reserve if he wanted to hedge his btc risk and appease institutions.
π€₯
View quoted note β
Business pay taxes on profits not revenue
Citizens pay taxes on revenue (income)
Most referenced threads and posts
Most referenced threads and posts
Two great satoshi threads
:nevent1qqsfa4gqgqyj4dhsy4ytvlda4akxja75u3gdjq33jynxqf4rmdvgs7qpz9mhxue69uhkummnw3ezuamfdejj7q3qt5wc8h37uhkau9tsw82sjxndq04d3n8p634utpdfvs4tm5xmt2sqxpqqqqqqzjd0vmt
Satoshi Posts
Satoshi Posts
I gathered every Satoshi Nakamoto thread.
I gathered every Satoshi Nakamoto thread.
so many bitcoin podcasts are garbage these days. seems like a way better use of time to just read bitcointalk forums or just have AI read forum posts to you.
if you owned greenland, why would you sell it for dollars!?


every day like today shows you how few people understand bitcoin.
we are nowhere near mass adoption.
View quoted note β
View quoted note βthe wallet from @BULL BITCOIN is wonderful
In deuterium-tritium fusion, high-energy neutrons drive "multiplication" reactions to close the fuel cycle by producing the tritium needed to sustain operation. Making use of those neutrons to drive a multiplication reaction on mercury-198, our approach produces mercury-197 which then decays in a few days to the only stable isotope of gold.

Stacker News
Marathon Fusion has announced the transmutation of gold \ stacker news
Marathon Fusion has announced a solution to the millennia-old grand challenge of alchemy: the transmutation of gold. Unlike previous attempts, our ...
explaining this further.
new federal reserve notes are backed by nothing but issuance is dependent on the FED and they may not cooperate
a treasury bill backed stable coin that circulates feeling like tether can have its interest rates for stable coin loans set by the market and supply dictated by demand of the market
treasury can issue as many treasury bills as the market makers of the usd stable coin can absorb
the treasury becomes directly in control of the interest rates of its treasuries and and can mandate low interest rate payments to stable coin issuers who just collect interest.
banks keep the stable coins for depositors so they can issue loans and use the stable coins as "reserves" rather than fed bank reserves.
the US gov doesn't need to abolish the FED and can instead make it irrelevant
also they get to directly export inflation worldwide via their treasury bills which back the stable coins and have full visibility into capital flows
this also eliminates the euro dollar system by replacing it with a stable coin based system
then many counties ban stable coins, then they fight the US and eventually we get to hyperbitcoinization
everyone is a scammer and this interview showed his true colors with how defensive he became with @Danny Knowles simple innocent question
View quoted note β

Everyone's a Scammer | Satoshi Nakamoto Institute
There is a war going on for your bitcoins, and willpower is your only defense.
