Thorolf Butter

philosophy & distributed systems 🧈

[Thorolf Butter @ThorolfButter]

@disciplinehabit @Tekeee It would genuinely improve the quality of life for the overwhelming majority of people across all modern civilizations if the Cantillon Effect began with "Level 2"

[Thorolf Butter @ThorolfButter]

@Spiena_rsa @valuetainment The Treasury basically purchases bonds on the market for cash. US Fed makes it by typing numbers.

Banks hold most bonds, & do so on behalf of customers (both institutions & investors). In aggregate, financial managers receive newly created money before productive economic areas

[Technosmith ✘ @technosmith]

Space X IPO is available in RBC and Wealthsimple in Canada 🇨🇦

RBC is the preferred partner for Tesla Financing

And WealthSimple is the preferred partner for X for stocks in Canada

Other financial institutions learned the lesson hard way

Do not bet against Elon $TSLA

[Thorolf Butter @ThorolfButter]

@WatcherGuru Great news

[Thorolf Butter @ThorolfButter]

@MensurMuse Keep making new decisions and opening new doors that work towards your goals and increase the likelihood of a good outcome. The process of living is a prolonged Monty Hall problem

[Thorolf Butter @ThorolfButter]

@SahilBloom IMO good way to understand free will as a function of probabilism:

If there's something you want to happen, then persistent work towards that goal should compound towards its likelihood.

It's conditionally true if the work is directionally correct & minds confounding variables

[Thorolf Butter @ThorolfButter]

For example, tokenizing SpaceX public stock might lead other nations, boards, & corporations to adopt tokenization & staking in their funding models.

Or, hold SpaceX stock in the interim & capture incentives of an on-chain ecosystem tied to civilization-scale economic logistics

[Cointelegraph @Cointelegraph]

https://t.co/4QgsAYMvpR

[SpaceX @SpaceX]

SpaceX is the only company building the infrastructure of the future across space, connectivity, and AI → https://t.co/PSCyWrNsOg

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸🇯🇵 US and Japan announce $1,000,000,000 partnership to advance AI, quantum computing, fusion energy, and biotechnology.

[Gemini @Gemini]

JUST IN: SpaceX secures a 35 year tax exemption for its Terafab facility, estimated to save over $2 billion

[Thorolf Butter @ThorolfButter]

@ZubyMusic Obviously you'd have to accept the predicates of:

1. People who are threats to society, &:
2. Whose actions have demonstrated their inability to participate.

Condemning a man to life in prison isn't necessarily more kind, & may be seen as a death sentence by method of "waiting"

[Thorolf Butter @ThorolfButter]

@ZubyMusic IMO best argument against abolishing the death penalty, which implicitly becomes pro-death penalty, is that prison deprives agency for a set period of time.

If defined by how actions remove agency, life in prison becomes equivocal to murder, so one shouldn't be more permissible

[Ozymandias𓆏 @0zmnds]

Alphonse Osbert

[Seneca the Younger @SenecaQuote]

“It is not that we have a short time to live, but that we waste much of it.”

— Seneca, On the Shortness of Life

[Thorolf Butter @ThorolfButter]

@Gemini APY could be other points, like emissions credits, with the derivative paying into a program.

Here's Grok's take: https://t.co/I7wWQwHJsp

For "Practical frictions & open questions":
- Solvable.
- US gov sets rate. Market determines share value.
- Yes.
- Has better alignment IMO

[David @DavidSHolz]

it's funny that people complaining about data centers using water could just accelerate data centers moving into space where there is ... no water????

[Thorolf Butter @ThorolfButter]

@ZubyMusic Here's Grok extrapolating:

https://t.co/BIyDHxJMvn

[Thorolf Butter @ThorolfButter]

@Cointelegraph I believe there will need to be a second House vote after it passes the Senate, to pass the amended version?

Unfortunately, the Clarity Act is increasingly likely to become dead legislation unless it successfully passes before midterms, and may be stalled for this purpose

[The Wolf Of All Streets @scottmelker]

BLOCKCHAIN ASSOCIATION URGES SENATE TO PASS CLARITY ACT WITH SUPPORT FROM 160 FORMER LAW ENFORCEMENT AND SECURITY OFFICIALS