*For my father in law to accept bitcoin for the moral corrective it is, is to tacitly accept that his nominal gains were the fruit of debasement* View quoted note →

*Originally CashApp did only peer with select nodes because of legal and compliance reasons. I guess at some point they figured they could earn a bunch if they put a node running LDK between them and the rest of the network. It's frankly a bit strange how they act like they earn from routing while they are just an exclusive gatekeeper for CashApp lightning.*

Stacker News

CashApp is making nearly 10% APR (aka yield) on its bitcoin via lightning \ stacker news

from X (Bummed that I missed this talk.) [29 comments]

*For context, Kupperman notes that Netflix brings in just $39 billion in annual revenue from its 300 million subscribers. If AI companies charged Netflix prices for their software, they'd need to field over 3.69 billion paying customers to make a standard profit on data center spending alone — almost half the people on the planet. "Simply put, at the current trajectory, we're going to hit a wall, and soon," he fretted. "There just isn’t enough revenue and there never can be enough revenue. The world just doesn’t have the ability to pay for this much AI."*

There's a Stunning Financial Problem With AI Data Centers — Futurism

"I recognize an insanity bubble, and I recognize hubris." Over the past few years, the tech industry's plans for artificial intelligence have grown...

*Physicists keep burning money trying to centralize in a lab what Bitcoin has already solved: entropy resolution into conserved, immutable structure* View quoted note →

"Regulation doesn’t remove risk; it shifts it to third parties" View quoted note →

*Bitcoin is the savings layer, but business is still the creation layer* View quoted note →

*You don’t hedge against the future by hoarding—you shape it by living deliberately. Build today for tomorrow by building.* View quoted note →

*With its horsepower subscription, Volkswagen is asking big, vital questions about our consumerist society. Questions like: for this morning’s commute, do you really require access to all the power your car was built to produce? Do you need to drive at all? Why not take the bus? Why not just stay in bed?* Opinion: VW’s horsepower subscription is great for consumers | Top Gear https://share.google/pKcUy6EdTKxVQQZzV

*[Bitcoin is] like a very good battery while tether or government currency is just wiring to connect* View quoted note →

*we are in a "stealth capital controls" world, ie there are many holders of these "high quality" bonds that are trapped, they are legally required to hold them and can't sell for various reasons*

Stacker News

To What Extent Is Bitcoin Responsible for Spiking Bond Yields? \ stacker news

So, I was reading how the bond yields of many developed economies (safe heaven assets) spiked recently, and was wondering if Bitcoin can be conside...

*…I stack. Not to hit a number, but because I want more: more productivity, more proof of effort, more alignment between my work and my future* View quoted note →

*Why stay bound to manufactured stagnation when we can opt into volatility that’s at least honest, transparent, and predictable in its unpredictability?* View quoted note →

*wealth measured in fiat is still tethered to the same old game* View quoted note →

*They handed us student debt, arts degrees, and money that bleeds. They told us to save while inflating away our future* View quoted note →

*The danger in building a new civilization isn't the obstructions. It's the temptation to absurdity and meaninglessness* View quoted note →

*Think of Bitcoin as a global firewall made of electricity. To attack it, you’d need to outspend entire nations in energy and hardware. It’s like trying to outshine the Sun with a flashlight* View quoted note →

*Be strategically, intentionally, devastatingly salty about things that actually move the needle of human flourishing, not the performative controversies designed to exhaust your capacity for genuine political thought* View quoted note →

*we’ve become critically promiscuous, spending our intellectual salt on every minor transgression while remaining curiously docile toward the truly consequential* View quoted note →

*Whatever remedy the court issues, there will be a simple measure of its effectiveness: namely, whether people who work at big companies like Google start quitting their jobs to start new companies. The 1956 antitrust agreement between AT&T and the Justice Department, which limited AT&T to the telecommunications industry, helped spawn America’s semiconductor industry as people fled Bell System to start new companies. The antitrust action taken against Microsoft in the 1990s paved the way for today’s internet platforms. Today’s tech sector, to a degree not always appreciated, is in the midst of a slow-moving succession drama. The central question is whether the dominant platforms, especially Google, can hold onto their power in the A.I. age. It would be a mistake to assess this or any other antitrust remedy too narrowly. Like the felling of a large tree in an old forest, the question is what it does for the ecosystem — or more precisely, what grows out of it.*

Opinion | Google Could Get Broken Up This Week. Here’s What It Would Mean.

It will be effective if people who work at big tech companies start quitting their jobs.

*Whatever remedy the court issues, there will be a simple measure of its effectiveness: namely, whether people who work at big companies like Google start quitting their jobs to start new companies. The 1956 antitrust agreement between AT&T and the Justice Department, which limited AT&T to the telecommunications industry, helped spawn America’s semiconductor industry as people fled Bell System to start new companies. The antitrust action taken against Microsoft in the 1990s paved the way for today’s internet platforms. Today’s tech sector, to a degree not always appreciated, is in the midst of a slow-moving succession drama. The central question is whether the dominant platforms, especially Google, can hold onto their power in the A.I. age. It would be a mistake to assess this or any other antitrust remedy too narrowly. Like the felling of a large tree in an old forest, the question is what it does for the ecosystem — or more precisely, what grows out of it.*

Opinion | Google Could Get Broken Up This Week. Here’s What It Would Mean.

It will be effective if people who work at big tech companies start quitting their jobs.