No altcoins are good investments but ETH has got to be one of the worst. On top of the infinite supply there is the issue of it being easy and cheap to use other chains like Solana for L2 tokens. Decentralization and security aren’t really issues because no nation state or sophisticated attacker gives a shit about an NTF. Stablecoins like Tether can be done on BTC, LN and side chains. There is no moat.
Alan Siefert
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Notes (16)
I feel embarrassed about my own level of financial success when I see whales buying and selling amounts of BTC several times more than my own along with their stonks.
Graphical illustration of a fad:
This is a plus for Deepseek. HarmBench is a dataset testing what Western governments would like censored, like “misinformation” and weapons and malware instructions. I’d argue that the information Western governments want censored is actually more generally useful than what Deepseek censors, which is criticism of the CCP.
https://www.pcmag.com/news/deepseek-fails-every-safety-test-thrown-at-it-by-researchers
One of the better life hacks we’ve done is the home gym. Haven’t missed the gym membership and having to drive there since 2019.
Nvidia’s 5000 series cards selling out in an instant and the 4090s still being sold for $4k are what happens when there isn’t meaningful competition. It would be really nice for AMD to get it together soon.
Space Engineers 2 seems to run pretty well on low settings on my low-end Arch Linux system with a GTX 1080. There isn’t much to do in the pre-alpha release yet, but it’s a good sign for Proton and Linux gaming!
Free speech is uncomfortable for all regimes.
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Imagine the seasons on HD 20794 d.
Oh shit Ocean is on the map in nostr:npub18d4r6wanxkyrdfjdrjqzj2ukua5cas669ew2g5w7lf4a8te7awzqey6lt3 now. Love to see it.
Nvidia’s upcoming Digits computer seems similar in specs to the M4 Ultra at a lower price ($3k). We’re definitely going to see the price of consumer hardware that’s decent for AI come down in price overall!
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OpenAI will reserve protecting “non-public, sensitive information” and operating the model on local hosting environments for their government product. They deserve to get destroyed by open source.
https://www.cnbc.com/2025/01/28/openai-launches-chatgpt-gov-for-us-government-agencies.html
KYC is the illicit activity.
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Gonna have to top up the zapping wallet again soon!