I am glad that both the WEF and BlueSky exist. I mean, in both cases these people have herded themselves into a highly visible pen, where they feel comfortable enough to generate a veritable geyser of insane shit from the cultish ideologies into which they’ve been indoctrinated. What could be better for society?

America is resilient AF

So Reddit apparently sold most of their bitcoin, and this comes after they pissed everyone off last year by announcing charges for API access. Instead they could have made a deal with one of the big AI companies to help make the wittiest AI out there (Reddit has many flaws but many of the subs I subscribe to are freaking hilarious). Are Reddit the dumbest company is tech?

Decrypt

Reddit Dumped Most of Its Bitcoin Well Before 'Uptober' Pump - Decrypt

Social media giant Reddit once described digital assets as a new frontier—but now has put up a border around them for its balance sheet.

I keep telling people that Bitcoin mining acts like a huge flywheel on the grid. Which has mainly just taught me that the majority of people have no fucking clue what a flywheel is.

Big news for wallet devs. Soon you’ll be able to double click the side button on your iPhone to launch your preferred wallet app and emulate an NFC card.

Engadget

Apple will allow developers access to its NFC technology, avoiding an EU fine

EU developers will get access to Apple's NFC technology.

Absolute banger episode with @npub128tl...fadp Fascinating how the Emirates and Saudis are positioning themselves. 🍿 View quoted note →

Good piece, but due to Bitcoin (Niall’s not into it, per his appearance on @Peter McCormack's show), a constitutionally minded Supreme Court, and the federal system, history should merely rhyme—not repeat.

Niall Ferguson: We’re All Soviets Now

A government with a permanent deficit and a bloated military. A bogus ideology pushed by elites. Poor health among ordinary people. Senescent leade...

Interesting point made in this podcast that we’re suffering from a wholesale exile of lateral thinkers in influential positions. https://pca.st/episode/7683f5b5-4657-4a93-ba59-5c759a2ef432

“they all come from a world in which bullshitting hard enough will tend to yield a positive return in the end” Nailed it. View quoted note →

Ok, this was surprisingly good. Gotta admit this adjusted some of my priors. https://pca.st/episode/3635e2f5-8c4d-49ec-8845-946cfdb655e2