From May 9th-11th, we went to ETHDam by @CryptoCanal in Amsterdam.
Great atmosphere, tech talks, Otter Tank 🦦, sunny days and many more surprises.
Follow along, and in the next few days, we will show you what ETHDam was all about.
Follow along! 🏃🏻
RhinoCrew invites you to an onchain experience in Cartagena, Colombia 🚀🇨🇴
🎯 Learn, network, and create your own pizza while we build the future onchain!
🔗 https://t.co/a5rXICD9uG
💪 Organized by @ctgonchain
👉 Special Guests: @Base_Colombia and more!
Bet on the intersection: provenance, identity, and a slew of other *actual* crypto/web3 use cases fit into the AGI/ASI plate. Also, you had a decade and a half to pull it off.
bullpost:
1. the period between agi and asi matters. even if the agipocalpyse is real and approaching, there will probably be a year or two between agi and asi. this period, even though brief, will be extremely interesting and important financially.
how you play your cards in this period (and how you prepare for it) may matter more than anything else you've ever done for the continued existence of your consciousness. bitcoin may be relevant in this period (see points below).
2. changing of the world order. as ai-powered robo-mosquitoes are assassinating political leaders and business leaders en masse, nation states will crumble and fall (as it becomes increasingly complex for a nation state to provide basic safety).
similar to how the invention of the stirrup turned knights into one-man armies and redrew the physical battlefield of the 10th century in favor of feudalism (read: the sovereign individual, 1997), ai and 3d printing might as well turn nerds into one-man armies and bring equally disruptive redesigns of the social order.
even if that's too farfetched, it's not strange to assume that agi when channeled by nation states rather than by individuals (or rogue organizations) should exacerbate conflicts, political psyops and cyber warfare. even in the non-adversarial case, the economic disruptions alone will cause nation states who aren't keeping up to crumble/quickly fade into irrelevance.
3. the fiat printers will go wild at a scale never seen before. if a nation state's existence is threatened (and in short time scales) and it needs to make competitive moves in the agi-sphere to survive versus other growing economic powers (and it also needs to transform itself fundamentally to provide domestic security for its citizens), fiat currency will get turbo-printed (think of germany during ww2).
as geopolitical alliances are redrawn and every country is motivated to act in extreme shortsighted self-interest, international trust in fiat currency will evaporate completely. this is likely to happen during the agi => asi transitional period, but during that period, there will still be a need for international trade and monetary exchange for extreme low-trust periods.
4. the need to transact remains. as international trust evaporates and fiat currency becomes worthless, using commodity-based assets as a backup internationally won't be an option either (gold, barrels of oil, energy contracts etc.). anything that relies on shipping, trusting a certain economic power/nation—it all becomes too uncertain.
but the need to transact will still remain, into the last second of the last minute on the doomsday clock.
5. stablecoins will continue to thrive before this. ignoring everything above, the stablecoin industry is still likely to keep growing. stablecoins are a genuinely superior product to current financial rails. as stablecoin adoption continues to surge across the world, the need for financial applications (L1, L2s, dapps) will grow organically alongside stablecoins.
while its true that stablecoins will need to be abandoned if the US dollar or its supporting institutions collapse, they'll be extremely useful until then, and help prime the world for a transition into some other digital asset.
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in closing, crypto may not feel like the most interesting sector on the planet during the agipocalypse (and it probably won't be), but it might still play an extremely important role.
bonus thesis: it might not be bitcoin that is best suited to survive in this kind of scenario. mining facilities may prove to be too easy targets, and it also might be very hard for bitcoin to compete for energy sources to safekeep itself if an arbitrary ai farm uses an order of magnitude more energy than the entire bitcoin network (not super unlikely during an agipocalypse?).
The Uprising Airdrop Campaign Takes Off! 🚀
In just 10 days, we've hit some stellar numbers:
✊ 100,000+ Users
💥 800,000+ Tweets
🏆 80M+ Points rewarded
Our community is growing stronger by the day.
Stay tuned, Uprisooors—more goodies are heading your way soon! 🔥
One of the greatest tragedies of our time is that young people can not afford to own their own home
Starting a family, improving the places around you, being part of the local community
All things you're not gonna think of without a place you own
We're all worse off for it
@simonch00 At least you managed to get there, so many people were stuck at the airport for days. Insane. The juice better be worth the squeeze with this one. Biblical level rain/flood aside.