The whole point of free speech and the first amendment was to explicitly NOT give the already powerful a legal tool to attack folks who criticize them. The whole point is balance of power,to avoid consolidation of power, which people used to think was a bad thing.

This is one of the better write ups of the future Bitcoin security model by @Lyn Alden . The takeaway seems to be that it’s certainly not a guarantee that Bitcoin will collapse in 40 years; there are many scenarios in which a fee market could develop which provides the necessary security. However this is hardly anything like the reassurance one would need to say, sell Bitcoin as a surefire way to pay off the national debt. Bitcoin might not even be around. Of course it might, but that’s not enough to build a national reserve on.

Lyn Alden

Bitcoin: Fee-Based Security Modeling

Originally published: March 2021 Over the past decade, the bitcoin network has been the most secure public blockchain. This is because it has by fa...

Update: Jesse not banned. Bluesky says users are empowered to control their online spaces. View quoted note →

FOMO is not a technology

Tell me again why Satoshi decided to stay anonymous?

He’s on BlueSky now, go have fun View quoted note →

The future, while dark, is at least occasional hilarious

Alright folks,low taper fade until $1m

Not if you’re not selling and they’re not buying. View quoted note →

Sam Harris takes no prisoners

Spotify

#391 — The Reckoning

Making Sense with Sam Harris · Episode

Time for Twitter files 2.0

A computational analysis of potential algorithmic bias on platform X during the 2024 US election | QUT ePrints

Graham, Timothy & Andrejevic, Mark (2024) A computational analysis of potential algorithmic bias on platform X during the 2024 US election. [Workin...

The most bothersome thing about NGU is the fact that your ability to predict something like is pretty much proportional to your ability to universalize greed. The folks who saw this playing out first are at the very tip of the greed iceberg, most people thought, "why would I hoard this 'money' if I'm not actually going to use it anytime soon?"

What could possiblye go wrong?

RBC-Ukraine

Musk was present during Trump and Zelenskyy

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