Starting Part 3 of The Stolguard Incident. It is so fucking good.

Is it possible to unfollow your entire follow list so you can start fresh?

TIL you can just buy a fusion power plant and for some reason the US gov’t isn’t just building dozens of these….wtf? View quoted note →

What I’m getting at here is I largely agree with Dr. Jeff and Booth regarding the denominator and the rejection of fiat, etc., but if you imagine a civilization on the bitcoin standard in a world where there are still remaining fiat civilizations, bitcoin will have an extremely valuable exchange rate for fiat currencies _because_ the bitcoin civilization is thriving. If the other fiat-citizens aren’t willing to exchange their fiat for bitcoin—excluding tyrannical capital controls prohibiting free exchange— that would be evidence that the bitcoin civilization is a shithole. If it’s thriving the exchange rate will be high. NGU might not be the _most_ important thing but it is completely fucking essential and if you don’t understand that then we just fundamentally disagree on how economics, markets, and human cooperation coordinated through money work. View quoted note →

What I’ve found after a number of years in this “space” is that most self-reported “toxic bitcoin maximalists”: 1) usually have no idea how bitcoin even works beyond being able to operate signing device—while calling it a “wallet” and having no idea why I would put that word in quotation marks; and 2) have a genuinely trivial understanding of economics. They are meme aggregators. They’ve spent some time identifying a constellation of talking points (which are often incompatible with each other) and then deploy those talking points to larp as a cypherpunk. I think I’m in a bad mood.

Also, I’m a huge proponent of using bitcoin as money — you should — but I think it’s a little misguided to think we are going to collectively will into existence hyperbitcoinization by selling each other products and services for bitcoin. The reality is that if bitcoin is the best money it’ll win because the people we hate ultimately agree and use it, not because the plebs (and I use this term pejoratively) convinced their local hotdog stand to accept it for payment. View quoted note →

I love DJ, but him and Mr. Booth say this kind of stuff a lot and I agree that it’s philosophically true and is a sound long-term perspective. But, beyond a way of framing your view of the world, it is practically meaningless for most people who struggle to save money and who live paycheck to paycheck. Again, this is _most_ people. TLDR: NGU is not just a meme, if number doesn’t go up then it won’t be the denominator in any meaningful sense. View quoted note →

Imagine a future where your computer is connected to a _local_ LLM machine and all of your software is built in real time, as you need it with what you need. It’s TAILS on steroids where all of your computing activity is ephemeral. View quoted note →