“I think sovereignty and open source are vital. I also leave my basement and walk among normies. We aren't gonna intellectually revolutionize the masses. Change comes through utility.”

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No Coin and Nothing Stable: Crypto Crisis (Financial Times, Rana Foroohar) \ stacker news

Full disclosure: I'm fucking mad today... miss Foroohar's crap propaganda gets to feel it So we're back at this: "crypto (ugh) is unstable and vola...

NGU is the only signal that will get people's attention. People are dumb. They are distracted. They are ignorant. They are lazy. Their one weird friend getting rich will be a wake up call. If you think people are suddenly gonna wake up to Austrian economics or sovereignty or any of the many other things that attracted most of us you are delusional.

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No Coin and Nothing Stable: Crypto Crisis (Financial Times, Rana Foroohar) \ stacker news

Full disclosure: I'm fucking mad today... miss Foroohar's crap propaganda gets to feel it So we're back at this: "crypto (ugh) is unstable and vola...

“What the apparatus says and does are also two different things, Microsoft and Musk... arguably two of the most important defense contractors, are the standard bearers of closed source models. From a natsec/competitiveness perspective, what they ultimately care about is who can produce the chips (to power weapons), energy to power the chips and manufacturing (of weapons), and data-warehouses from which to glean intel (on how to best use weapons). Having AI processing/data domestically also means SIGINT, packets going over Cisco equipment and US-laid submarine cables, not Huawei's. Bitcoin is a good analogy here, it's a digital thing like a model that's only as secure as the flow of energy, chips, and communications networks in the real world... all things that fall under the direct control of the natsec apparatus.”

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Open Source and America's AI Action Plan \ stacker news

I was meaning to do an analysis from the open source perspective of America's AI Action Plan last Friday but irl took over and I didn't have enough...

“In a nomad economy, capital moves where it’s wanted.” View quoted note →

"…bitcoiners usually don’t understand hard money, even if they’re sitting on it." "…if you're counting on nation-states or treasury firms to pave the way, you're deluding yourself completely.) Ultimately, Bitcoin could "win" in fiat valuation while utterly failing its revolutionary promise. Let that sink in again: ”Bitcoin can lose, while its fiat price goes up.” (avb_21)" "…the revolution won't hodl itself." Source: The Bitcoin Standard obituary, on why the book that brought so many into bitcoin, actually turns them away Alles Voor Bitcoin Jul 28

Social mobility will become progressively locked as AI progresses. What is at risk is not simply job loss, but the very idea of income distribution. In recent history, the interdependence of social classes implied a convergence of interests. Valuable skills commanded a premium in the marketplace, which would lead to social mobility. Things have changed; the concept of valuable skills is vanishing in real time. AI-driven production systems are becoming increasingly self-sufficient, which will diminish the income flows redistributed across society. Productivity gains will come from improvements in AI, not from the upskilling of workers or human ingenuity. Wealth will be passed down within closed networks, with little need for outsiders. In this highly probable scenario, income distribution as we know it will cease to make sense. This problem is even more concerning than job automation. AI will kill social mobility | Matthieu Téhénan | The Critic Magazine

The Critic Magazine

AI will kill social mobility | Matthieu Téhénan | The Critic Magazine

Tech executives are racing to outdo one another with increasingly alarming claims about AI-driven job automation. Their estimates vary, projecting ...

“The true mark of wealth is whether you can afford to do the things you believe in even when they are costly.” View quoted note →

“We lose some OGs who don’t get the bigger picture every cycle. We lost way more to Bcash” View quoted note →

“There are no shortcuts. Self custody is the only sustainable path” View quoted note →

“It seems like every wave of adopters has to learn the same lessons with different window dressing” View quoted note →

“If MSTR is the biggest custodian, they will be in a position to negotiate with the united states to capitalize a new banking system, like JP Morgan did in 1907”

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MSTR wants to be the largest shareholder in the 3rd Bank of the US (BOUSA3) \ stacker news

I think I'm starting to understand the plan for microstrategy. It wants to be largest shareholder in the third bank of the United States (BOUSA3) �...

“If MSTR is the biggest custodian, they will be in a position to negotiate with the united states to capitalize a new banking system, like JP Morgan did in 1907”

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MSTR wants to be the largest shareholder in the 3rd Bank of the US (BOUSA3) \ stacker news

I think I'm starting to understand the plan for microstrategy. It wants to be largest shareholder in the third bank of the United States (BOUSA3) �...

👀 “anyone who brings MSM garbage into nostr is an agent provocateur” View quoted note →

“imagine a mature mesh network where every packet is cached and forwarded peer-to-peer. imagine the line between mobile devices and nostr relays begins to blur.” View quoted note →

“meshnets are the future of freedom” View quoted note →

“In the short term, the basic arithmetic of bond markets has deteriorated; more supply coupled with a reduction in both reliable and speculative demand. And that means higher bond yields look probable, forcing governments to pay more to fund their ever-growing deficits. The maths of governing developed countries looks likely to get increasingly difficult.”

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The Bond Maths Isn't Mathing Anymore (FT, Philip Coggan) \ stacker news

We know; it's pretty much GG for pretty much all government. I'm enjoying the show. Funny opening: "Government bond for sale: will accept any reaso...

“Until recently, technological assistance in self-correction was mostly limited to plagiarism detectors. But things are changing. Machine-learning services such as ImageTwin and Proofig now scan millions of figures for signs of duplication, manipulation and AI generation. Natural language processing tools flag “tortured phrases” – the telltale word salads of paper mills. Bibliometric dashboards such as one by Semantic Scholar trace whether papers are cited in support or contradiction.”

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AI will soon be able to audit all published research... \ stacker news

... what will that mean for public trust in science? (rest of the title). I'm not sure I have a strong opinion yet about this second part. What cau...