*The whole point of Bitcoin is to route around the state without direct violent confrontation.* View quoted note →

*there definitely was consensus about enabling Taproot, as far as people understood what it would give them, but there definitely was NOT consensus about enabling inscriptions. That can accurately be classified as an unintended use-case of Taproot's features by using an exploit to disguise arbitrary data as part of the transaction's witness section, which no one realized would be the case at the time of activation* View quoted note →

*there is a massive difference between using Bitcoin for its intended purpose as money to BUY an NFT, even if you or I think NFTs are stupid, vs using Bitcoin for an unintended purpose to STORE an NFT* View quoted note →

Bitcoin is a digital bearer asset. Tokenisation offers 'exposure' to assets. Robinhood CEO: “I think [tokenization] will become the default way to get exposure to U.S. stocks outside the U.S.,” "The tokenization of real-world assets, from stocks to real estate, will spread to financial markets around the world" CNBC

*The midwit always wants a simple heuristic to solve complex problems and hence overcorrects when problems arise, creating a new set of problems* View quoted note →

Stay humble, stack tats Twin brothers from Coventry spent £40k on tattoos - BBC News

Twin brothers from Coventry spent £40k on tattoos

Dylan and Drew Wearing say they do not plan to stop adding the ink.

I note the irony of the extracting a quote from your note…… *Writers face a dilemma: do they write for people to read or for algorithms to process and shred into highlights? The paradox is that AI democratizes access to ideas while trivializing the experience of reading them.* View quoted note →

Stacker News

Once-in-a-Lifetime Bird in Flight Eclipse Wins Bird Photographer of the Year \ stacker news

Absolutely fantastic photo, but linking to the whole piece because there are some other pretty nifty shots. [2 comments]

TIL about John Searle’s Chinese room thought experiment.

*Nicolas Dufourcq, the head of France’s state investment bank Bpifrance, warned that Europe is becoming “doubly colonized” by Chinese industry and U.S. tech.* CNBC

*Most people have invested too much of their lives in the fiat based monetary and belief system to reject it for something so alien as a decentralised algorithm based protocol with no leader and no hierarchy. People want familiar power structures because they provide a sense of security and most peoples experience is that challenging established power structures is unrewarding and dangerous. With Bitcoin you are declaring war on the core of the power structure people live under, and most people who depend upon that power structure for their sense of wealth, security and purpose do not want to declare war on that.*

Stacker News

What is it that people say they don’t like about Bitcoin? \ stacker news

What is it that you/people say they don’t like about Bitcoin?—do you/they really dislike Bitcoin, or just the discomfort of letting go of the b...

*The real world of consequence is a harsh teacher, but it is the most effective one. It teaches reality, not theory.* View quoted note →

*there are likely far more people who think they want open intelligent dialogue than those who actually enjoy it. Most find it unappealing and choose to go back to the comfort of just having their priors confirmed*

Stacker News

Why people leave nostr (and SN?) \ stacker news

https://primal.net/e/nevent1qqs083hwcxwx6jtrlh8fxt5rz7ua47tm8m4nems95mql2n8xnsajntqvkuvwr I thought this note was interesting and potentially relev...

*The performance of a tool can drop as much as 20 percentage points when it is tested out of sample, on data from other hospitals. In one study, a pneumonia detection model trained on chest X-rays from a single hospital performed substantially worse when tested at a different hospital*

Stacker News

AI isn't replacing radiologists \ stacker news

It's cool to see The AI Replacement Hypothesis not playing out in this case. Optimistically, I suspect AI will work like this in most industries. I...

*Walton emphasizes how companies with massive valuations like Nvidia ($4 trillion market cap) hold just $54 billion in actual capital, creating enormous risk gaps* TFTC *Strive deal points up fact that different bitcoin hoards can trade at different prices depending on who holds them* Financial Times