btcschellingpt's avatar
btcschellingpt
btcschellingpt@primal.net
npub1nvfg...e7zd
Bitcoiner Rational optimist #AUStrich OpenSats Bitcoin Brisbane bitcoinbushbash@nostrplebs.com Honeybadger Noob Day Working on https://primal.net/EscapeHatch
GN Remember to do something this weekend that you’ve not done before
Money for millennia Think about what you own Think about what you’re building image
Gunna be fun! @Sats N Facts ⚡🥥 at the end of the week 🫂🧡 #ChiangMai image
Grasping for relevance Gunna be a LOT of this Zuck’s turning into a boomer image
near-empty @mempool haven't seen that for a while 😃 open your channels tidy up your wallets don't pay accelerator fees for 0sat tx's @k3tan 🤣 image
Jevon’s paradox As efficiency improves, overall use actually *increases* not decreases Relevant examples: As steam engine efficiency improved, overall coal consumption increased because more steam engines were built and used. [Generally holds true for every denser form of energy humanity has unlocked] As health diagnostics became cheaper (and faster), their use exploded, paradoxically driving overall health care costs up AI use is likely the same .. improved model efficiency drives individual query compute cost down, yet likely will drive more overall use because usage becomes ubiquitous and therefore drives overall compute demand up
Competition is healthy Competition thrives in open markets Innovation underpins competition New ways to think-> better products The rate of innovation is accelerating Especially in the digital realm Legacy products get out-competed This is both natural and healthy 🏆