*the rules of the game are written by the guys who own the banks and have vested interest in the currency* View quoted note →

*The Psychotic Topology of Home Value This is not a market correction. It is a mass psychotic break with reality, where the metaprograms of human cognition have become the delusional architecture of the market itself. · The Global ↔ Specific Psychosis: The Global mind clings to the axiom (remember, an axiom does not have to be proven, yes): "A home's value never falls."*

Stacker News

Why UK Homeowners Are Delusional About Property Values (FT, Hugo Cox) \ stacker news

Here's a nice little report on UK property owners. Like in most Western countries — Australia or Canada probably the worst — the majority of th...

*the reason you will eventually grow out of forums is that they are search queries written by other people. LessWrong was summoned into existence by Eliezer Yudkowsky and Robin Hanson writing a sequence of exceptionally powerful search queries (on Overcoming bias), blog posts so strong that the networks they created survived the exodus of the original nodes. This is what online writing is at its limit—the summoning of a new culture. If we squint a little, we could even say that this is how the internet itself came into existence. In 1963, J. C. R. Licklider wrote a memo about an “intergalactic computer network”, and that search query was so powerful it summoned the aliens. We’re all living inside his search query now.*

A blog post is a very long and complex search query to find fascinating people and make them route interesting stuff to your inbox

When writing in public, there is a common idea that you should make it accessible. This is a left over from mass media.

*you can shape yourself by reshaping your relationships. By changing who you are addressing, and the responses you garner, you steer your development. You become more agentic.*

A blog post is a very long and complex search query to find fascinating people and make them route interesting stuff to your inbox

When writing in public, there is a common idea that you should make it accessible. This is a left over from mass media.

*The way the machine seemed to work was: The more precise and niche the words I input, the better the internet would match me with people I could forge meaningful relationships with. This precision was hard for me, partly because my sense for how communication is supposed to work is shaped by reading mass media. Writing for a general public, you need to be broad and a bit bland. I didn’t want a general public. I wanted a specific set of people, the people who could help me along as a human being obsessed with certain intellectual problems. I didn’t know who these people were. I only knew that they existed. Hence my writing was a search query. It needed to be phrased in such a way that it found these people and, if necessary, filtered others. The pleasant parts of the internet seemed to be curated by human beings, not algorithms. For my writing to find its way in this netherworld, I needed to have a rough sense of how information flowed down there. The pattern was this: words flowed from the periphery to the centers. This was a surprisingly rapid stream. Then the words cascaded from the center down in a broader but slower stream to the periphery again.*

A blog post is a very long and complex search query to find fascinating people and make them route interesting stuff to your inbox

When writing in public, there is a common idea that you should make it accessible. This is a left over from mass media.

*who's going to invest the substantial sums required to manufacturing opensource chips at economical scale? National security states won't make it easy even if there were groups with enough resources to do it... a lot of people will fall out of windows or at least find themselves indicted over a parking ticket if they try undermining the ability to track everyone everywhere all the time*

Stacker News

DISCUSS: Why is it so hard to design an open-source smartphone? \ stacker news

Following SNL #194 conversation around open source phones OS , it seems that every project regarding open source smartphones OS are centered around...

*I didn’t get into bitcoin to store money on other peoples computers* View quoted note →

*Gold's run is a symptom of a dying system. Bitcoin is the cure* View quoted note →

*Nations stacking gold is the last breath of fiat trying to stay alive* View quoted note →

*when money holds its value, parents can plan with confidence* View quoted note →

*Your commitment level determines your threat profile. If you can be compromised, you will be compromised.* View quoted note →

*The adversary doesn’t need to defeat you. They just need to price you. Find the number where you’ll compromise. The threat where you’ll go quiet. The pressure point where principle becomes negotiable.* View quoted note →

*…the fiat operator doesn’t see the system itself as the problem. They see individual data points. Individual market movements. They’re orienting toward symptoms while ignoring the disease.* View quoted note →

*the bigger question is, would you be willing to sacrifice your own wealth for the greater good? Because I can only assume bitcoin would lose a tremendous amount of its value if governments became fiscally responsible* View quoted note →

*On Nostr, Bitcoin exhibits its most fundamental property: programmable liquidity in motion. It doesn’t merely exist on a balance sheet. It transmits information, signals preference, and facilitates exchange without intermediation* View quoted note →

On nostr, *You’re not discussing freedom. You’re forging it. Every note. Every relay. Every zap. Every follow. Every repost.* View quoted note →

*Vince Lanci delivered a sobering assessment of Bitcoin's current trajectory in our latest conversation. Drawing from his decades of experience watching similar dynamics play out in precious metals markets, Vince argued that the US government is attempting to co-opt Bitcoin through the ETF structure. He explained that by creating spot Bitcoin ETFs, approximately 70% of Bitcoin's liquidity shifted from international markets into US-controlled venues. This wasn't accidental—it's the same playbook used with gold futures in 1974. The government doesn't need to own Bitcoin to control it; controlling the liquidity pool is sufficient. Through margin requirements, settlement rules, and regulatory mechanisms, the US now dominates Bitcoin's price discovery. Vince emphasized that this control doesn't mean Bitcoin will fail, but rather that its path forward has fundamentally changed. The US liquidity network is so powerful that even without malicious intent, it naturally becomes the dominant force in any market it touches. For Bitcoin, this means the derivative price now matters more than spot, enabling the same rehypothecation schemes that suppressed gold for thirty years.* TFTC

*It is a move that does sort of play in our favor with helping prevent China from moving into the space that would be open if we did nothing. Argentina does have a wide variety of natural resources that would make investments into it not the worlds worst idea*

Stacker News

Why America just bailed out Argentina with a $20 billion lifeline \ stacker news

Not sure if this came up here on SN, but I find this move kinda weird and kinda goes against the whole saving-money thing Trump’s trying to push....

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