dupac

engineer & attorney | escaping the matrix

[dupac @Its_DMac]

"The only disability in life is a bad attitude"

[Brian Armstrong @brian_armstrong]

The US Constitution was the most important political innovation ever, but it's missing two important things:

1) A cap on the growth of government spending
2) A requirement for hard-backed currency

Without them, every democracy drifts toward more debt and eventual loss of reserve currency status (see The Changing World Order). The US is $39T in debt, and adding $1T roughly every 100 days, with interest payments now exceeding the defense budget. There is no mechanism to stop it.

Politicians get elected by promising free stuff using other people's money. Some voters get a benefit today, while the negative impact of the spending goes to future generations who can't vote yet. The incentive structure is broken.

What fixes it? A new constitution somewhere on the frontier (Mars, special economic zones, cyberspace), an amendment that aligns incentives in the current system (politically challenging), or hyper economic growth (AI + robotics + crypto) to outpace inflation.

[Mark Palmer @MarketPalmer_]

Your 30s are for raising a family while growing in your career and settling into a home as you save for retirement and find time and funds to travel and stay involved in your hobbies and be there for your friends' special moments and cooking your own meals while keeping a regular fitness routine and a clean house and still getting enough sleep to function.

[44🇫🇷 @NurseLekan]

Don’t care what anyone says or any IMDb rating
This is Top 5 greatest series ever in history.

[Will @WClemente]

It does seem a little crazy that every day people get sports gambling and prediction market ads thrown in their face all day yet you’re not allowed to invest in innovative private companies. Seems more like more of a way to gate keep deal flow for the wealthy & institutions.

[dupac @Its_DMac]

I disagree.

The right to patent is in the Constitution. Article I, Section 8.

The agreement has always been that in exchange for telling the public how to make your invention, you are granted a limited, time-gated monopoly on the invention.

LLMs don’t change this.

[Mark Cuban @mcuban]

Not filing patents and using trade secrets will become more common. Why ? Because the second you file your patent, every LLM is going to be able to train on it.

Then everyone on the planet can ask for a work around to file a competitive patent.

Your IP is no longer yours the minute you publish it

[Matt Hougan @Matt_Hougan]

Debasement is like the dark matter of finance. You can't quite touch it, but it effects everything.

Once you see it, all the strange stuff we struggle to explain -- like sky-high P/Es, soaring real estate, the struggling middle class, the massive gap between the GDP growth and the growth of househeld wealth ... instantly make sense.

[Chamath Palihapitiya @chamath]

Continuously, at the core of every important societal moment, is an immoral media that sows division.

They used to hold truth to power.

Their main focus now, however, is to manufacture hate so they can shape the fallout.

[Charlie Kirk @charliekirk11]

You can tell a lot about a person by how they react when someone dies.

[stepfanie tyler @stepfanie]

“The further a society drifts from the truth, the more it will hate those who speak it.”
—George Orwell

[Chamath Palihapitiya @chamath]

An important question in American society can be summarized as follows:

When a deranged person commits a heinous act, what is the right societal response? Is it to limit the personal rights and freedoms of everyone else (ie those who didn’t do anything wrong)? Or should it be to find ways of identifying derangement and then act upon it with their and society’s safety in mind?

It is worth noting that technology is at a stage now where we can do the latter quite precisely.

[dupac @Its_DMac]

@Bbetsill263 The CDs were all burned and titled “chillin”, “bass”, and “scarface mix”

Wish I had a CD player around to find out

[dupac @Its_DMac]

Prepping the car to be sold.

A part of that process involved ejecting CDs that have been in there for at least 10 years.

It was time.

[Preston Pysh @PrestonPysh]

Fiat is so fragile and manipulated that some old dude can mutter 15 words and markets around the world whip-saw to the tune of trillions of dollars in a matter of minutes.

Humans have built their entire exchange of energy between each other on this scheme of a system. Decades later we will truly laughing at how primitive it all was.

[Will @WClemente]

Millions of (largely anon) retail investors really front ran Wall Street in size while they fudded their bags for a decade. People will say you got lucky, but hodling BTC to here was not easy. Bitcoin really taught a generation of investors to be comfortable as a contrarian.

[dupac @Its_DMac]

the smartest people I know consistently admit what they don’t know

[dupac @Its_DMac]

simple and easy are 2 different things

[dupac @Its_DMac]

how have I been sleeping on Baldurs Gate 3 for so long

[Nick | Dividend Investor & Educator @Smartnetworth1]

Investing while holding consumer debt doesn’t make sense to me.

[dupac @Its_DMac]

BTC really is the trade of our generation

[Lauren Wilford @lauren_wilford]

I saw someone saying that they thought scrolling was affecting their memory formation, because it teaches the brain to immediately discard what it just saw to situate itself in a new context, over and over again. Something to this I think