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techfeudalist
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Blessed by tech; working to bring the benefits to everyone. Freedom, incorruptible money, privacy.
Loved this video. My takeaways: On life: 1. Things usually work out if you persist and really believe in what you’re doing. 2. Your willingness to fail gives you the ability to succeed. 3. Don’t let fear of failure hold you back. Even if you fail, nobody will remember. 4. Anything worth doing is hard. 5. With enough persistence, most things that seem impossible become possible. 6. Don’t take ‘no’ for an answer too easily. 7. Most people do what’s expected of them and not what they believe in. 8. Leadership is having a belief system, knowing what you believe in, an internal compass. 9. The world is changed by a very small number of people who follow their core beliefs and don’t listen to others. 10. Only those who fail greatly can succeed greatly. On VCs: 1. Almost all VCs add no or negative value. 2. If you haven’t built a startup or have equivalent experience, you haven’t earned the right to advise an entrepreneur. On startups: 1. Business plans are useless except for showing the issues the entrepreneur is thinking about. 2. If you want to change the world, join a startup and not a big company. 3. All the exciting opportunities are at the fuzzy, obscure edges of the system where things are uncertain. 4. Don’t listen to experts. Their predictions are no better than dart throwing monkeys. View quoted note →
This article is very true. I believe America as a constitutional republic, as envisioned by the framers, is gone. Unfortunately never to return. There is already a low grade civil war underway. Expecting this to get much worse as claims on dwindling resources continue to increase. (Let’s see what happens when California and Illinois need a bailout from Texas and Florida.) Hopefully remnants of those core foundational principles, that once made America great, will survive in some of its future parts. View quoted note →
I just saw an article that California was going after the Ghost Gunner team for creating another company called Coast Runner to sell metal CNC machines. Ghost Gunner uses them to create untraceable guns from the comfort of your own home. Here’s Coast Runner. I didn’t realize that the home tech had gotten this good. Makes 3D parts out of titanium and other metals.
“I think Americans are used to seeing people arrested for bullshit technicalities and thrown in jail for long periods of time. But in the rest of the world, it is quite uncommon. For a non-US Bitcoin entrepreneur, the US is a scary and dangerous place. American authorities seem resourceful, competent, and motivated to destroy your life just to prove a point. This line of thinking is not paranoia, nor is it cowardice.” 🤔 This has a ring of truth to it. 🇺🇸 now a police state? View quoted note →
I just watched MicroStrategy’s launch video of their new Orange ID platform and honestly I don’t get it. As Saylor has previously pointed out, bitcoin has value partly because of its tie to the real physical world through its proof of work process. Its link to the real world is what makes it relevant. But consider those IDs that Orange will issue. What links them to the real world? Who or what verifies that the ID that says it’s from me was actually created by me? Anyone could write in my name and publish it to the blockchain. Where’s the link to the real world? Presumably he would need some central registry 🤮 or some web of trust 🤷‍♂️ to complete the picture but that wasn’t mentioned. I’m confused.
It looks to me that the allegations are that Ver sold $240 million worth of bitcoin in November 2017, during the blocksize war. If he used those proceeds to buy bcash (created in Aug 2017) then he’s down ~70% on that amount. It really hurts when the tax bill on the sale is about the same as the amount you have left. 😬