Seems more and more likely that AI is going to have a large short term disruptive impact on employment. This will lead to panic - I'm already seeing it from normie white collar job friends who think they'll be unemployed in a year and are making big decisions factoring this in. I honestly don't know what the fuck will happen and I'll probably panic too. But you know who will really panic? Governemnts. And they will both feed off and feed into the panic. The most obvious thing people will demand is guaranteed income and more welfare to protect them - I think even normies will realise AI is too powerful to simply regulate. This will lead to money printing. And this will happen before AI has a chance to grow the economy enough (i.e. pay the national debt from more taxes paid by Google and OpenAI). I don't know if Bitcoin goes higher in this scenario, but it increasingly looks like the one thing that can't be fucked with.

Hmmm, wtf happened to Signal on @Zapstore ?

I often hear "Bitcoin needs a new narrative", and usually from people pushing for some change to Bitcoin. Pretty sure sound money is a timeless narrative that we don't need to dilute. Some people get it now, others will learn the hard(er) way. If you want something short term then feel free to push the robot payments narrative.

Used Cursor to make a small change PR to my company's app. Took quite a few iterations of it being retarded until it did what I sort of wanted. Still needed an engineer to help figure out why it wasn't able to make the exact change I needed, and then to help correct all the deployment tests that my change broke. Probably was a really bad example of AI coding prowess, but seemed to confirm my intuition that these tools will be complements and not substitutes for software development.

Damn, maybe most people want their lives controlled and fear being free

Elon is both the best bullshitter AND the most impressive entrepreneur in history. It's wild how he can make any conversation seem simple and accessible and still challenges people who are extremely specialised in an area. He says stuff that is truly imaginative and makes it sound obvious (e.g. all compute will be in space in 5-10 years). A lot is likely oversold but there's an element of vision that will transpire and pushes things forward. Actually incredible to be alive to see it and even have him explain things on podcasts. (This is a completely separate observation from his ethics in various domains - I think the above is true regardless of other conclusions you make about him)

A good portion of my Bitcoin is worth 0, regardless of the price, unless we have ways to spend. Fortunately many places do accept it, and Bitrefill is indespenaible to me but these are not guaranteed. Even today it's much harder to use Bitcoin for some transactions such as putting down a deposit for a home - both the exchange (even hardcore bitcoiner ones) need to know where funds originated, and most solicitors refuse to do a source of funds check for it. If you actually care about the value of your Bitcoin (i.e. what you can buy with it) then adoption is far more important than any arbitrary narrative about price. Zero times anything is zero.

I always thought Bitcoin was interesting and I was intellectually open to it, but it was only after I rode the 2014-17 bear, sold some to break even, and then watched it runaway to $4k that my conviction truly solidified. The IBIT people are only halfway through this journey.

Feeling nervous about buying this dip, probably means it's close to a bottom but who the fuck knows

I still sleep better having something that I truly own possibly dip 50% vs. having an IOU for something that rises by 50%. Most people only realise the former is better when it's too late.

New quarter, new bullshit changes from senior management to look like they're adding value.

Can't be = won't be. Can be = might be. This is infinitely better.

Doesn't seem to be possible to extend my @primal premium subscription. Can't do it in the app even though I installed from @Zapstore and not the Play store. And then the web app remote log in thingy doesn't work at all 🤷‍♂️

centrist centralists vs. principled decentralists

Nothing slower than a child getting ready for school when you're late for work

Hmmm, all the LLMs seem to think Simon Dixon was a BSV advocate, but I can't find any working links to their sources. Anyone remember? Sus that he's suddenly a major influencer / OG, but doesn't even know what eCash is.

Silver dumping and they haven't even built any new mines yet. FAFO.