Scipio

[Scipio @CryptoScipio]

Pump fun / PvP meta is the most refined expression of a market that can no longer innovate, so it turns to pure extraction. Most major conceptual innovations already explored/claimed.

Siphoning liquidity isn't a bug, it's the organism consuming itself when it can no longer grow.

[Dr.Porny @DrPorny]

Mayne explains how @Pumpfun changed the behaviour of altcoin traders

"Pump fun—has it changed for good or for bad? I think the behavior of altcoin traders… where it went from community and “we believe”—not that that was necessarily better, by the way. I’m not saying, “Oh, it was so good before.” But you could catch a runner, and it was the runner for like months."

"Whereas now, it’s like a video game. It’s like PvP. It’s like—I can’t play Fortnite, I’m too old. I can’t."

[Scipio @CryptoScipio]

@ExaltedFoks Definitely one of my favorites. And the one I recommend to first time Nietzsche readers.

[yv @yvtweets]

Tonight I am on pawg patrol

[Scipio @CryptoScipio]

@networkspirits That sticks out to me as well. Twitter charisma level 100.

[yv @yvtweets]

If I started smoking crack I could stop whenever I felt like it

[yv @yvtweets]

If I started balding I would simply handle the situation

[yv @yvtweets]

Merry Christmas to the jews ESPECIALLY

[yv @yvtweets]

Life is short. Make sure you spend as much time as possible arguing with people on twitter

[Scipio @CryptoScipio]

@yvtweets RIP brother

[Scipio @CryptoScipio]

@apollorusso_ @Cernovich Not irrelevant, sure, but not decisive either. For Nietzsche, origins help explain a valuation without determining its meaning or rank. Otherwise genealogy just collapses into biography, and the distinction between genesis, function, and value disappears.

[Scipio @CryptoScipio]

@apollorusso_ @Cernovich That’s a bad use of Nietzsche’s method. Tracing a view to physio-psychological conditions doesn’t reduce it to personal compensation. Nietzsche is full of tension, sublimation, and self-overcoming.

The thinker doesn't need to already be the type he names.

[Scipio @CryptoScipio]

@apollorusso_ @Cernovich "Homer would not have created an Achilles, nor Goethe a Faust, if Homer had been an Achilles or if Goethe had been a Faust."... "It is always as between Achilles and Homer: the one has the experience, the sensation, the other describes it."

Do any of you actually read his work?

[Scipio @CryptoScipio]

@Galois_Capital Great take. And the point about Dario is true about most of these effective altruist types. We saw it first hand with SBF.

[Scipio @CryptoScipio]

@yvtweets Oh wow, good read. Tbh nothing at the moment but I should change that.

[Scipio @CryptoScipio]

@sayinshallah 3rd worlders got internet access (you and your cousins)

[Scipio @CryptoScipio]

@gmoneyofficial The world isn't going to wake up on some theorem completion. What matters is diffusion and consequences, not a single trophy proof.

The hardcore "LLM's will upend everything" people will learn the hard way about inertia in complex systems, just like crypto players did.

[Scipio @CryptoScipio]

I wasn't shorting Nvidia before and I'm not now, but I am very much looking to it as the next big short (not just for Nvidia, but as the fulcrum for the market as a whole). Patience is key...

[Scipio @CryptoScipio]

I'm inclined to think the Alibaba AI chips just announced are a nothing burger but in general this is where the puck is going.

Inference requires somewhat different chipset than pretraining so there's room for companies to catch up to Nvidia here. Maybe will do write up on this.

[Scipio @CryptoScipio]

The big short for AI is predicated on the idea that gains from pretraining have essentially topped out. The bulk of Nvidia's business comes from pretraining chips, not inference.

And if Nvidia goes down, so does the rest of the market.

[Scipio @CryptoScipio]

As I was saying, very clear this is where the puck is going. Nvidia is still the elephant in the room but the problem with the elephant is he's not so nimble. Wafer scale chips, TPUs, etc, means disruption to the business model is only a matter of time...

https://t.co/VowNsrFVCH