afkjm🔻

ancient nerd, software engineer, crypto market structure & fundamentals, risk analysis & '90s Jdrama (Kimura Takuya ...) & One Piece OSTs ... f*** EULAs

[afkjm🔻 @afkjm]

@_Investinq your posts are typically thoughtful and well written.... with the exception of this one.. Japan can tout stock market highs and print yen to the high heavens... the real score card is the birthrate, and it absolute trash and not getting better

[afkjm🔻 @afkjm]

@toly @joewrote With over-centralization (*ehem* Solana centralization guy), similar to communism, the capital hoarding then presents opportunities for narrative manipulation, and a vicious downward spiral. Capital driven narrative manipulation driving furthering/worsening centralization.

[afkjm🔻 @afkjm]

@toly @joewrote No need to politicize this between Elon and Bernie.
For any given product/service that provides a physical tangible result, sure, you have your "wealth".
What happens when the "capital" becomes arbitrarily high (Elon, or any democrats etc...), and departs from actual wealth?

[afkjm🔻 @afkjm]

@cypherpunk decentralization and scalability are measurable metrics.. security and privacy are just features

[afkjm🔻 @afkjm]

@toly So you want Bank of America to be like the Bank of Japan. Just let the government have majority control of all capital in the county...
Have you seen the government backed "startups" in Tokyo? You think they are competitive or provide actual value? No...

[afkjm🔻 @afkjm]

@coinbureau The birthrate chart is the chart you are missing.
If your capital markets are rising, but your birthrate is falling, then your capital markets describe the degree of theatre your society has fallen into.
To what degree does a single dollar or 100 yen support or mitigate births?

[afkjm🔻 @afkjm]

Anthropic wants to coerce you into *not* using "incognito" chats, *for your data*.
They do this by conflating their chat "saving" feature with incognito, which has nothing to do with it.
They want gently nudge into their redefinition of what "incognito" even means.

[afkjm🔻 @afkjm]

@Hedgeye everything has a leverage problem

[afkjm🔻 @afkjm]

@zerohedge yeah guy, they were just bluffing all along @zerohedge

[afkjm🔻 @afkjm]

@coinbureau when you incessantly try to find an opening against an opponent, it becomes clearer that you're just a weak crybaby @DavidSacks

[afkjm🔻 @afkjm]

@cypherpunk you turn into a featureless white character?

[afkjm🔻 @afkjm]

@toly "Those who are fastest to call Elon greedy, are the fastest to appease despots of actual true greed."
What do you even mean?

[afkjm🔻 @afkjm]

@BullTheoryio @zerohedge yeah guy, they were bluffing

[afkjm🔻 @afkjm]

@coinbureau Why would you even bother propagating AI trash?

[afkjm🔻 @afkjm]

@toly @RoKhanna The guy who built a centralized network, appealing for more centralization in the greater economy... what would it take to convince you that an economy can become too top heavy, then get crushed under it's own trash capital (Japan)

[afkjm🔻 @afkjm]

@toly it's not about quantity, it's about quality... Japan has thrown around tons of trash yen, getting them nowhere...

[afkjm🔻 @afkjm]

@toly idiots conflating wealth & capital with human survivability everywhere

[afkjm🔻 @afkjm]

@coopernicus01 it's up 2.5%

[afkjm🔻 @afkjm]

@toly @jords @friedberg https://t.co/IZo3Eh5Z2S

[afkjm🔻 @afkjm]

@_Investinq your posts are typically thoughtful and well written.... with the exception of this one.. Japan can tout stock market highs and print yen to the high heavens... the real score card is the birthrate, and it absolute trash and not getting better

[afkjm🔻 @afkjm]

@toly @jords @friedberg Make the arbitrary spreadsheet numbers as high as you want, but at the end of the day, we have:
- Physical resources, food & housing...
- Some amount of loyalty expected to get those resources
Why loyalty? That is all that is left when meritocracy has been bled out of society

[afkjm🔻 @afkjm]

@toly @jords @friedberg 's market power law would mean "500 trillionaires" would then concentrate wealth, causing further centralization and *more* wealth disparity... that is a terrible outcome