Once code can be written in plain english, transparency reaches a crucial point.
At that point, the source code of protocols become a type of constitution that anyone can understand.
xellox
xellox@iris.to
npub1nt2x...lhax
Building next-generation solutions for cold storage and self-custody.
Charging fees from merchants to accept payments is damaging economic growth.
It costs large enterprises crazy amounts of money that could be directed towards new innovations and providing cheaper prices.
Creativity can’t be forced.
Your creativity is sparked when you’re really passionate about something.
2% inflation gives money a half-life of 30 years…
Transferring and receiving money should be free.
For individuals and businesses.
All around the globe.
Banks will most likely embrace self-custody of stablecoins at some point.
It removes their need to secure customer assets and lets them focus on printing money in the form of loans.
Winners write history.
To be a winner, you first have to make history, then write it!
“People who are really serious about software should make their own hardware.”
~Alan Kay
Monopolies tend to form in cyberspace since no governments rule there.
The end product for AI is a digital and physical assistant that serves humans, an android. Different AI companies will slowly start to merge to fulfil this goal.
People doubted the iPhone when it first came out.
People do and will doubt XR headsets. The fact is that it’s simply a logical next step. From a 2D display to a 3D display.
Code is language, releasing code to the public is free speech and cannot be banned.
It would be easier to take the guns from Americans than to take bitcoin from the people.
It’s presumed that the ancient Egyptians were the first to adopt gold as a form of money.
They worshipped the sun god Ra. It’s a pretty logical theory that they chose gold because it’s the colour of the sun (at least how we see it from earth).
We need a safe, easy and self-custodial way to store our money.
It doesn’t matter what form of money we use if it’s all held by centralised institutions. The downfall of the gold standard is a good example.
Why is a degree valuable? Because it requires effort, that effort is rewarded with the degree.
The same goes for anything valuable. It must require effort and sacrifice to attain in order for it to be valuable.
The reason why banks want inflation is to incentivise people to invest their money into the biggest casino, the stock market, in order to escape inflation.
The most important trait of money is that it’s value is widely recognised.
Hence if we want to adopt a new form money, we need to demonstrate that it has these traits by making it usable for people.
Money doesn’t need a utility besides being a means of exchange.
The best form of money is scarce, easily divisible, easily transferable and very hard to confiscate.
Creativity is about combining existing innovations to create something new and revolutionary.
You could argue that there are no completely new innovations, all “new” innovations build on existing knowledge.
Modern social media is very damaging.
We should aim to create a social media that focuses less on sensationalism and more on people sharing their insights and ideas.