People in Cardano still don’t understand the kind of personality we have on our side.
Yes, Charles has an ego. So does almost everyone who builds at that level. If you want to operate where he operates, you can’t be polite to everyone and hope they don’t walk over you.
He just spoke at the UN. Not a side event. The United Nations. And he was received like someone who belongs there.
That should be treated as a national treasure for this ecosystem, not something to nitpick. His path is long. It’s also probably the most serious path we have toward the freedom this space keeps talking about.
Nobody else in Cardano is working at his level. Nobody.
A real bull run is coming in the next few years. When it does, we will want someone like Charles on our side.
Maybe it’s time the community started treating him that way.
#Cardano $ADA #UN #Crypto
CHINA’S NATIONAL DAY
Why China🇨🇳 succeeded through globalisation and America🇺🇸 declined:
‘In America you can change the political parties but you can’t change the policy. In China, you cannot change the party but you can change the policies.
China is a vibrant market economy but it is not a capitalist economy. There’s no way a group of billionaires could control the politburo, as billionaires control US policymaking. So in China, you have a vibrant market economy, but capital does not rise above political authority.’
—Chinese venture capitalist Eric Li
The US created record wealth through the profits of its corporations, resulting from globalisation.
What did it do with that wealth? Enrich oligarchs and concentrate wealth in the top 20 households in the United States.
China also created record wealth through globalisation. What did it do with that wealth?
It lifted millions out of poverty, created world class infrastructure, improved the living standards of its citizens, and invested the profits into the industries of the future to make China the dominant superpower.
The US’ example is what happens when the authority of capital supersedes political authority. China’s example is what happens when political authority always remains above the authority of capital.
Ascend!
If Tsunami’s coming…, then,
The only way is up, baby.😊
On SOL and or ETH? : Privy in, USDC in, predictions on.
You’re not betting the ending. You’re trading the wave.
Midnight’s privacy.
No ADA required to paddle out.
https://t.co/1s07nm9DD6
STRCH. Without a doubt. (Already seeding the atmosphere from the ground up)
We will have french fries before you get there… 😎You’re welcome!😊
Starch industries, participate, expand consiousness, mine, grow, have fun!
In 1738 a Swiss mathematician named Daniel Bernoulli wrote 8 pages in St. Petersburg. He was trying to explain why a merchant with 50,000 ducats would refuse a bet that mathematics said he should take.
Those 8 pages became the foundation of a $1.5 trillion industry.
Today that industry pays $1,500,000,000,000 a year. Every dollar of it runs on the same equation Bernoulli wrote to explain one stubborn merchant.
His name is Jonathan Gruber. He helped design the American health insurance system. His research shaped legislation covering 300 million people. This is lecture 20 of his microeconomics course at MIT.
The merchant refused because losing 50,000 ducats does not feel the same as winning 50,000 ducats. It never does. Bernoulli called it diminishing marginal utility. Gruber spends 50 minutes showing you why that idea controls every insurance contract ever written.
Expected utility. Not expected value. One word of difference. $1.5 trillion of consequence.
With a standard utility function starting at $100, a coin flip between winning $125 and losing $100 leaves expected utility of 7.5. Current utility is 10. The bet favors you mathematically. You should still refuse it.
How much would you pay to escape being forced to take it. $43.75. Nearly half your entire wealth. To avoid a bet that mathematically favors you.
That gap is the risk premium. Multiply it by 300 million people and you get $1.5 trillion a year in voluntary payments. Paid gladly. To avoid feeling the way you feel when the coin lands wrong.
Gruber gives you the exact number. A 25-year-old with $40,000 income faces a 1% chance of a $30,000 hospital bill. Expected damage is $300 a year. He will pay $399. The extra $99 is not fear. It is mathematics.
Every actuary alive still prices risk the same way Bernoulli did in 1738.
Free on YouTube, MIT OpenCourseWare. 50 minutes. One equation.
bookmark this and watch later - after this lecture every insurance premium you ever pay will feel like a number you calculated yourself
Introducing GEN-1.5, a one-shot learner.
It can learn new tasks in a few seconds. Show it what to do, and it generalizes.
This capability emerged from pretraining on physical data at scale, as a step towards our mission of building general intelligence for the physical world.
Marc Andreessen (the guy who called it when “software ate the world”) just pointed out what AI is doing to coding next.
“Everyone assumes AI coding means fewer hours… or leaving the profession. But almost everyone I know is working more hours.”
“There’s a new term in the Valley: the ‘AI vampire.’ You’re up all night AI coding because you’re so productive you can’t shut it off.”
“The top AI coders make $50M a year. They’ve found the philosopher’s stone.”
“Every company has a thousand projects they’ve wanted to build but never had the bandwidth. Now they can. This isn’t a blip—it’s going to intensify.”
PS: If this was useful, like + repost this tweet and follow @AiEvolutio58513 for the latest AI news.
See you in the next one: