*We're all going to work until we die OR build something that works while we sleep* View quoted note →

*grateful for China as a forcing function for the US to get its shit together*

Stacker News

Developing nations rack up $3.9 bln in net debt payments to China a year \ stacker news

So, as per the Keynesian writers, the solution to excess Chinese debt is...more debt to China [18 comments]

*Corruption is theft of the next generation’s future, not just its funds.*

Gen Z protests show older generations have failed them — The i Paper

A revolution driven by young people is sweeping the world, from Asia to South America and at both ends of the African continent

*Lloyd's "anti-vibe coding" philosophy exposes an overlooked truth: AI tools that generate flashy demos grab headlines, but the unsexy work of navigating enterprise complexity is where vibe coding’s Achilles heel is — with developers that know how to use AI amplifying their skills, not being replaced by the tech completely.* Warp CEO Zach Lloyd The Rundown AI

*The feedback loop is simple: Markets rise → Public confidence holds → Political risk premiums fall → Markets rise again. …for a while I thought that the stock market was just ignoring politics. But it isn’t! It is politics now, a political actor that can grant or withhold legitimacy. Artificial intelligence fuels valuations, those valuations stabilize public confidence, that confidence grants the administration power, and the administration protects the system that sustains it. …Viktor Shvets sees a cycle - tech is ripping apart society (apparently a good investment) so people are buying gold as a “hedge against destruction”. …AI is extraordinarily expensive but still searching for demand: Training frontier models will likely cost billions of dollars. But only a small fraction of people pay for these services. …AI was sold as the end of slop but what it delivered was more slop. The market rewards attention, not utility, and both AI and politics has adapted to that logic. …The equity market believes the AI story overrides everything else. The gold market believes something is fundamentally breaking. They’re both reacting to the same underlying reality, but they just have different theories about what happens next. …Gold trades on fear of the system. AI trades on faith in the story.* AI Is the Market, and the Market Is the Government, Kyla Scanlon

🤡 *Deutsche Bank predicts Bitcoin could be added to central bank reserves by 2030 as its volatility falls and its behavior resembles gold, despite not being “backed by anything.”*

Stacker News

Central banks will end up holding Bitcoin in their reserves | Good or Bad? \ stacker news

Central banks will end up holding Bitcoin in their reserves even though it is ‘backed by nothing,’ Deutsche Bank predicts Deutsche Bank predict...

*Gold is institutionally collateralized, when gold goes up that means even more dollars can be created as loans against it, a percentage of those dollars find their way to Bitcoin which has a smaller float (higher multiplier). Flywheel effect.*

Stacker News

YTD gold has increased in market cap by 3.5 bitcoin market caps. We are early \ stacker news

Gold has added ~7 trillion in market cap YTD. On the bright side, bitcoin has a long way to run on the monetary side although it looks like this de...

*[Bitcoin] is a tool of empowerment that teaches you to say “no” to the siren calls of the consumer society. It teaches you that true wealth is not found in what you own, but in what you can live without. By offering you the best savings technology in history, Bitcoin does more than just protect your purchasing power; it protects your time, your energy, and your focus, allowing you to allocate them to what truly matters*

Bitcoin: More Than a Monetary Revolution, a Personal Revolution Towards Frugality.

Bitcoin is a tool of empowerment that teaches you to say "no" to the siren calls of the consumer society.

*If Bitcoin can be killed by one attacker sending one instance of illegal content, then it was never antifragile. This argument concedes Bitcoin can’t survive adversarial use, which undermines the entire value proposition* View quoted note →

*Purpose isn’t found in the product, it’s in the process of removing weight*

Stacker News

Vibe Tools, Not Apps \ stacker news

And vibe them for you, because what the hell do you know about what other people want anyway? We've entered a phase of world history where basic co...

*A political party is a little like a religion. It requires people to believe in it for it to matter. Over a long and august history it might amass institutions, pomp and traditions, but these can easily become museum pieces if the idea underpinning it all ceases to be believable and believed.*

The one sign that shows the Tories are in real trouble — The i Paper

The Conservative Party cannot take its future for granted

*It’s worse to be ignored than to be insulted. Even their worst critics seem to have decided they aren’t worth the trouble of shouting at. That points to the danger that the Conservatives are in. If everyone simply stops believing that you are relevant, then it can become a self-fulfilling prophecy.*

The one sign that shows the Tories are in real trouble — The i Paper

The Conservative Party cannot take its future for granted

*We’re living in a time of extraordinary capital concentration. On one end of the spectrum, trillions are pouring into AI platforms and a handful of megacap stocks. On the other, gold and silver, through breaking records, remain afterthoughts in most portfolios.*

The Case For Balancing AI Optimism With Gold Realism — Forbes

Prudent risk management demands that investors consider allocating to risk-off assets, including gold and silver.

*Most people are oblivious to what money is, even those who spend thier lives in finance* View quoted note →

*As The British Empire declined the elites based in The City of London established the offshore tax havens to stash their wealth. Trump is doing the same thing but via virtual means.*

Stacker News

The Point of Crypto is Skulduggery (Financial Times, Jemima Kelly) \ stacker news

The Financial Times get a lot of crap from Bitcoiners, and by and large it's deserved. But this one by Jemima on the Trump family's shenanigans was...