The very thought, however unlikely it seems, of fiat money ending and being replaced by something better is a source of hope and motivation.

In the U.S. we’ve monetized healthcare, the White House, and the pardon process. However, these are dwarfed by the opportunity to monetize the less developed prefrontal cortex of a young man. Once Polymarket starts expanding in the U.S., more Americans will be swept up by the wave. Not because everyone will be in Vegas, but because Vegas will be in everyone. If policymakers aren’t motivated by the threat to Americans’ finances and mental health, they should worry about the risk of foreign governments using the platforms to influence elections and public perception. Scott Galloway

*Interest is the natural growth rate of fiat. The extra money to pay the interest does not exist yet → it must be created by someone else taking on new debt. This is exponential decay, it is exponential because a percentage, no matter what the percentage is, is added every year to service the debt.* View quoted note →

*history tells us something uncomfortable: new financial tools do not tend to shift power very well, but consolidate it. And the direction of that shift rarely matches early optimism*

Don’t Get Too Excited — Crypto Is Not New — Forbes

We have crypto currency, showing us that the tools of finance change, but human nature doesn’t, so it really isn't new.

"…state money …is …. backed by a tax base or a fiscal authority."

the Guardian

The Guardian view on crypto’s latest crash: it reveals who pays the price for a failing economy | Editorial

Editorial: The bitcoin collapse lifts the lid on a society without opportunity, where risk is privatised and rightwingers sell illusions of freedom...

"When did the Bank of England last meet its 2% inflation target?" Perplexity: The Bank of England last met its 2% inflation target in September 2024. Since then, inflation has mostly remained above this target, with recent rates around 3.6% to 3.8% in late 2025. The Bank expects inflation to return to 2% at some point in 2026 or later, but as of now, it has not sustained the 2% target since September 2024.

*The real proof of work is the successful mapping of heat (Boltzmann entropy) into structured, conserved information (Shannon entropy) via satoshis* View quoted note →

*When a miner finally lands on a valid header, something deeper than “a hash was found” occurs. The entropy invested into the search (the heat dissipated/probabilistic work performed) collapses into the exact informational structure written inside the block* View quoted note →

*The Treasury is reporting that federal debt outstanding has passed $38 trillion. That is a factual, albeit headline-worthy stimulus to public concern. But what gets far less attention is the underlying accounting architecture. The current federal “debt” figure is almost entirely a cash/modified cash-basis number. It doesn’t fully reflect many longer-term liabilities (pensions, retiree health benefits, unfunded mandates) in the same way that a GAAP-prepared corporation or a sound provincial or state government would present. There is virtually no requirement at the federal level for the government to produce a comprehensive accrual-based balance sheet that shows all assets, all liabilities, and the resulting net position (equity).* The $38 trillion national debt 'milestone' and the accounting mirage | Fortune

Fortune

The $38 trillion national debt 'milestone' and the accounting mirage | Fortune

I ran for Congress on the idea that the national books of the U.S. government were not being kept in a transparent, modern accounting framework. I ...

*The old internet had some variation, thanks to actual decentralization. Now it's mostly like a glorified TV shop channel* View quoted note →

*As fake value appears in one place, real value disappears in another. That loss manifests as inflation, poverty, corruption and conflict, the social forms of entropy*

Stacker News

Money Means Energy \ stacker news ~Education

Energy Everything in the universe is energy. Matter, movement, life and time itself are expressions of it. According to the first law of thermodyna...

*We want more adoption but want to remain private. Seems contradictory but necessary*

Stacker News

How to Not Get Kidnapped for Your Bitcoin \ stacker news ~bitcoin

Non-paywalled: https://archive.is/vnb5l NYT still don't know how to avoid the use of 'C' words in articles, while putting the 'B' in the title. Non...

*Bitcoin represents an antidote to the poison of broken money that drives the masses towards unproductive madness* TFTC

When ‘your’ government gives you an incentive to do something, it’s not being kind; it’s shaping behaviour, setting a trap or both.

Welcome Daniel! *life is short, fragile, and too precious to waste in systems built to keep us dependent* View quoted note →

*Fiat economics is improvisational mythology* View quoted note →

*Bitcoin gives you freedom and debt takes it away* View quoted note →

*Ethical questions surrounding consent/identity of the deceased and commodifying grief aside, selling a hollow avatar as “preserving a loved one” feels like an AI psychosis event waiting to happen* AI avatar app lets you chat with the dead The Rundown AI

*According to innovation diffusion models, mass adoption occurs when a technology aligns with existing habits, requires minimal cognitive effort, and integrates with existing infrastructure.* View quoted note →

*remain vigilant, call out the darkness, stand in the light* View quoted note →