Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧

Husband to 1, father to 5. Building the Internet of Economics: our data, our assets, our money, restored. Tu ne cede malis, sed contra audentior ito. Views mine

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

An AI broke into one of the most secure systems on the internet by itself last month.
No humans. No hackers. Just an AI, following an instruction.
Every password on every connected system is now reachable. Faster patching is not the fix.
This is.

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

@MyVibe35 @WOLF_Bitcoin_ https://t.co/RVlueBRf8A

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

@MastrXYZ Love your commentary because you say the things I have been saying for a long time. We’ve built the only actual blockchain that actually works. We’ve done things the hard way because it matters. Blockchain, not the crypto casino, is how we free ourselves and restore humanity.

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

Problematic: where those super efficient miners are (Iran), the cost/risk of adjustment (massive capital assignment for uncertain returns). the risk of lagging which can - is proving to be - substantial and the underlying mining economics fail: transaction fees are supposed to provide the basis for network security. 0.6% of price. Ultimately that last one is the death of the number go up version of Bitcoin. What’s left is a highly inefficient peer to peer payment system.

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

@WOLF_Bitcoin_ Guys, thank you for having me, @WOLF_Bitcoin_ great space, @Rlad1776 and @JoahSantos enjoyed the back and forth. 03:14 here, time for bed! Look forward to crossing paths again.

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

@MyVibe35 @WOLF_Bitcoin_ No. What do you think you heard me say?

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

@GenRLee @B0ngb1ngb1ng @MorgothsReview You really don’t and you have zero idea what world I live in.

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

@vasylzahorodnuk You call anonymous proof of stake decentralised, but it’s really just decentralisation theatre.

Decentralisation is possible, but it takes real courage and conviction to do it and recognise that there needs to be a tension between trustless and trusted.

https://t.co/jvhbaAab2G

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

Nailed it.

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

Interesting from @stackhodler, and not the end of this story either:

https://t.co/2tzCbIQgl8

This out of the University of Toronto is even more alarming that the threat of future capacity:

https://t.co/4CKizboYP4

@stackhodler, the reality is that the crypto industry has never taken itself seriously. The NPM hack last year was a tiny error away from compromising every wallet. @MetaMask has over 212,600 dependencies. Its previous response to security was the laughable LavaMoat.

2 Billion Wallets Hacked: Why Your Crypto Isn't Safe (And Never Was)
https://t.co/JClYvSY3eQ

AI is going to reduce crypto to what it is: an extractive farce that uses the pretence of decentralisation to avoid oversight.

Blockchain on the other hand:

Internet of Economics | No Login. No Password. No Attack Surface. GRIDS Live Demo
https://t.co/TQ31aeecMp

[Stack Hodler @stackhodler]

🚨 It's not just ZCash.

Opus 4.8 also found a vulnerability in $USD that allows for unlimited issuance which could theoretically enrich insiders at the expense of all holders

huge breaking

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

@JE2530_ @WSJ How can someone call themselves a reporter when they just print what comes off PR Newswire without even reading it first?

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

This is exactly the kind of errant, irresponsible “reporting” that crypto relies upon to gain legitimacy. The only way in which Hyperliquid is a “decentralized crypto platform” is in its marketing.

Reporters at the @WSJ read this, then rather than being a shrill for crypto PR, you might actually rise to be journalists again.

https://t.co/JWbyKSg5Oo

[The Wall Street Journal @WSJ]

Hyperliquid, a decentralized crypto platform, is open 24 hours a day, seven days a week. The exchange has emerged this year as a go-to spot for Wall Street’s weekend warriors. https://t.co/3VCVCnxToh

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

@cameron Not true, Cameron. We built the Gajumaru because nobody else would.

https://t.co/jvhbaAab2G

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

https://t.co/1j8xKbgnkx

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

@Midnightmittt https://t.co/XvyPQiVKi2

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

@TheIntrinsicP @GenRLee @B0ngb1ngb1ng @MorgothsReview I don’t disagree with you, and yes, this too must end, but not by asking a crooked police state to extend their policing to create the semblance of balance that allows you to go back to sleep and pass to your children this sickness.

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

No, the UK is a police state, you are right. But that does not mean you should advocate for yet more police state to maintain a pretence of balance that isn’t real just so you can feel a bit better. That’s nonsense.

Burn this and everything about it into your memory. Hold it. Don’t emote like a child, turn every single moment into the cold, heartless, weapon it must be if our side is to win. You don’t win a war by charging a machine gun, you win a war by cutting your enemy’s supply chain.

Cut off everything in your life that touches @LBC. Cut out family members who tune in until they don’t. Win on the terms they care about that they cannot control or abuse.

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

@AlanWillia92006 @MorgothsReview Sadly, lying about Chauvin and Floyd is de rigeur. Neither you nor I have locus standi to do anything about it. Except this: I don’t listen to LBC, I don’t watch their content and I’ll walk away from anyone socially that does. It’s a bit like putting your pro-nouns in your bio.

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

I get it, absolutely. Advocate for everything that hurts him - write to everyone who advertises with @LBC and make clear that you will not buy anything from them - or terminate any service you do get and say why - so long as they support the promotion of racial hatred by advertising with LBC.

Cancel everything that touches them. Burn every bridge. Make clear that there is them and there is US who are done tolerating them. Alienate from your social circles anyone who listens to LBC. Do everything you can to punish them for being the broadcaster of hate. Hate them MORE. Cold, hard, unforgiving, calculated fury.

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

@OlafRoot2 @MorgothsReview 🤣
All good, “Olaf”.

[Greg Chew 🇮🇪🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭🇬🇧 @GregChew14]

@OlafRoot2 @MorgothsReview “Regime shrill” = traitor.

Jog on.