*At some point though everything will equalise to model compute. The currency that wins will be a form of tokenised model compute* View quoted note →

*"Unless a pick-up in nominal growth drives higher incomes and tax revenues – AI investment and/or productivity per se might not be enough – some countries might face tough consolidation challenges," HSBC analysts wrote last week. The consolidation needed would be large. With borrowing costs at current levels, HSBC estimates that the U.S. would need a fiscal adjustment of over 4% of GDP to stabilize its debt-to-GDP ratio, with 3% required by France, and 2% by the UK and Germany. Consolidations of such scale are rare. In major advanced economies since 1990, there have been only eight of over 4% of GDP during a 5-year period, with fifteen over 3% of GDP in that timeframe. Whether all this fiscal expansion ends in currency debasement, hyperinflation and crashing bond markets is a separate debate. But even if these doomsday scenarios fail to play out, it's fair to assume that bond markets will be under pressure moving forward.* Reuters

*an orthodoxy of defiant oppositional disorder dunces* 😂 View quoted note →

*Your land only stays yours while government chooses not to take it. Your sats stay yours until someone breaks your security* View quoted note →

Perplexity 'thinks' I am involved in engineering so keeps dropping engineering based analogies....: Bayesian epistemology reframes knowledge not as a binary "true or false" but as degrees of confidence updated probabilistically via Bayes' theorem: when new evidence arrives, you revise your prior belief in a hypothesis by weighing how well it predicts the data against alternative explanations. This sidesteps Gettier-style luck by demanding beliefs be stable under reliable evidence streams, much like a well-calibrated model avoiding overfitting on flukes—your credence hits near-certainty only if the update path is robust, not accidentally propped up by misleading inputs. For engineers, it's belief as an online learning algorithm, tuned for noisy real-world signals rather than crisp justifications.

*the suiciding of these individuals comes from their identity crisis, baked into the biological processes in the brain, where they realise they have been played, in order to play other people* View quoted note →

*Satoshi can't be pressured, bribed, or subpoenaed because no one knows who to pressure. The conspiracy theories are a feature, not a bug — uncertainty is the defense* View quoted note →

*The conspiracy theories matter less than the incentive architecture* View quoted note →

*people overthink what evil actually means - it just means deliberately injecting errors that produce outcomes that fit your goals* View quoted note →

*Every decentralized protocol gets origin conspiracy theories because mysterious founders make people uncomfortable* View quoted note →

*Bitcoin adoption isn't zero-sum replacement, it's parallel infrastructure building* View quoted note →

*once you are freed from these chains, you will see the two versions of yourself waiting for you: the child who dreams and the elder who remembers* View quoted note →

*discernment and clarity of thought is the existential threat to extractive systems* View quoted note →

*Who puts the constraints on government power? who enforces that? The government. It's a circular argument. Power vacuums get filled regardless, you either wear the boot or the boot wears you.*

Stacker News

Trump, Immigration, and ICE \ stacker news

By Llewellyn H. Rockwell Jr. Restoring the rule of law and Constitutional government on immigration—something wrecked by Trump’s rule-by-decree...

What i thought i was doing: helping to separate money from state What i am actually doing: facilitating oversimplifications on a protocol with about 12 users

*Artificial intelligence is a surveillance weapon, just like BTC* Interesting but I think Lightning improves the privacy situation View quoted note →

*As ossification advances, the cost to change for political reasons rises toward infinity. Block size. Opcode expressiveness. Script convenience. Economic policy by proxy. These are preference disputes. Power and meaning disputes. At the same time, the cost to change for survival reasons remains finite. A broken SHA-256. A proven cryptographic failure. An existential flaw that halts execution. These are not arguments about meaning. They are facts about reality. This creates a deliberate break-glass dynamic.* View quoted note →

*Asymptotic Ossification Asymptotic ossification doesn’t mean freezing Bitcoin in amber. We cannot reach 0% change. Existential uncertainty forbids it. Unknown cryptographic failures. Unknown physics. Unknown adversaries. A system meant to last must admit that some changes may one day be necessary to survive. The question isn’t whether change is possible. It’s what kind of change remains legitimate. Asymptotic ossification follows Zeno, not a roadmap. Halfway to the door. Then halfway again. Forever. Each step reduces the surface area for interpretation. None claim finality. Change approaches zero without ever reaching it.* View quoted note →

*A system that requires future humans to agree on meaning isn’t trustless. If opcodes can be reinterpreted, deprecated, optimized, or morally reframed, the protocol carries semantic risk. The rules may stay the same. Their meaning does not.* View quoted note →

*Living languages drift. They can’t help it. Meaning slides as power shifts, incentives change, and fashion intrudes. The word stays put. The referent moves. Inflation is the clean example. It once meant expansion of the money supply. Now it means rising prices. Same word. Different pointer. Anyone with a long-duration contract learned what semantic drift costs when the bill came due.* View quoted note →