i've got absolutely no respect for people who mass extract millions or even billions of dollars from crypto
mortgaging the permissionless soul of it, convincing everyone no one cares about that stuff
to instead promote pump and dump trash which they have no fundamental belief in whatsoever, and once it's dumped, they're like "yah, it's trash like everything else"
and then turn hyperbearish on everything like permissionless crypto never had a value prop to begin with
seriously, fuck off 😘
Ethereum is a substrate for economic transaction and coordination which does not require the use of trusted third parties
there is no substitute for what it does, at the scale at which it can do it
and it will be proven as essential tech in a world where the prevailing world order is rapidly collapsing and nation-states no longer trust each other in the same way they once did
it is revolutionary technology. it is not tech designed to make you rich. it is tech designed to set you free; however i believe such tech has real economic value far greater than what we see today
as a network, and as an asset (ETH), it has been profoundly misunderstood
this is changing, through emergent legislative and policy clarity, and growing positioning by large financial institutions
when it finally hits, it will hit all at once
@Martyupnorth You ever encounter ticks? Guys always say they’re out in the spring. I spend a fair bit of time hiking, fishing creeks, rivers and streams and have never to my knowledge encountered one in Alberta.
HOY EN UN NUEVO CAPÍTULO DE:
“¿PORQUÉ LOS HOMBRES VIVEN MENOS QUE LAS MUJERES?”
2 hombres cumpliendo el sueño de los otros 4,000,000,000 de hombres que habitamos el mundo
Forget UBI. The answer is Universal Basic Equity… and it’s humanity’s pension plan for the post-AGI world...
The Economic Singularity is coming faster than people think and the default question is how humans make money in a world that doesn’t really need them anymore.
The default answer is UBI, which is transfer payments from a state, funded by taxing an AI economy that nation states can neither see nor keep up with.
It’s a 20th century answer to a 21st century problem and it’s broken before it even starts.
Agents are becoming the dominant user of the internet, not humans. Your AI is becoming your entire front end UX. The clicks economy is dying everywhere except where humans pay to feel something - clothing, travel, luxury, experiences, culture.
Agents run on crypto rails because nothing else works. The dollar doesn’t fractionalise below a cent, settlement isn’t instant, permissions are required, jurisdictions matter. Stablecoins handle the dollar leg and native tokens handle the rest.
The biggest users of DeFi in five years won’t be humans farming yield… it’ll be agents managing treasuries, swapping, earning and spending at machine speed.
Capital formation has already shown its new shape and it came from the most unexpected place. Memecoins. Everyone wrote them off as a casino but they were a prototype. Instant capital formation around the attention of an idea, raised by entities without legal personhood, settled in seconds. That is the template agent economies will use to fund themselves.
And it’s not just agents...
Robots will run on the same rails, with zk permissions issued from our wallets as the source of truth, because biometrics are far too flawed for that role
Open source code itself gets tokenized and finally captures the value it creates, instead of being monetized through bolted-on services and subscriptions.
Proof of humanhood becomes the trust layer that lets us release agents into the world without society collapsing under synthetic noise. Identity, authentication, verification, permissioning, all of it migrates onto the same substrate.
So when you zoom out, the L1s aren’t just settling agent transactions but settling the entire coordination layer of the new economy… agents, robots, humans, code, capital, identity and trust.
Every contract, every treasury, every permission, every stake. Open source finally captures the value it creates, at scale, for the first time, and truly vast value accrues to the coordination layer because everything routes through it.
Which brings us to the actual answer to the Economic Singularity…
Universal Basic Equity.
Anyone on earth with a phone and an internet connection can buy a stake in the substrate that the new economy runs on. No KYC walls, no accreditation rules, no jurisdiction, no employer, no state, no permission. The first homogenous, permissionless, globally fractionalisable claim on the productive infrastructure of the world. It's not a slogan but a structural fact about how blockchains actually work. This is their purpose.
Wealth comes from owning the substrate. Income comes from being human, because attention and experience remain the irreducible currency of culture, community and love.
Abundance of goods and services from AI handles the cost of living.
Taxing data center electricity use solves the tax issue.
Four legs of a stool that holds up the post-singularity human world.
So… just buy the fucking tokens.
Bitcoin if you want pure store of value, a basket of the major L1s if you want the coordination layer. 10% of your earnings, every month, for a decade. You'll be wealthy and protected from the changes to come.
Crypto is going to $100trn in the next 6 to 8 years and well beyond that after.
You can choose to invest in your own economic disruption, or get left behind by it.
And if you’re worried about timing the cycle…
…adjust your time horizon.
This is humanity’s pension plan.
It's all so absurdly fucking obvious...
Jensen Huang explains how he motivates employees who are already rich:
“My direct reports include 55 people. I write no reviews for any of them. I give them constant feedback, and they provide the same to me.
Many of our executives are paid the same, exactly to the dollar. I know it’s weird.
I don’t do 1 on 1s with any of them unless they need me. Then I’ll drop everything for them. I never have meetings with them alone, and they never hear me say anything that is only for them to know.
There’s not one piece of information that I secretly tell “E staff” that I don’t tell the rest of the company.
That way, our company is designed for agility, for information to flow as quickly as possible, and for people to be empowered by what they do, not what they know.
So that’s the architecture of our company.”
A lot of people say the F1 V10 engine has the best sound in the world-but wait until you hear the scream of this 5-Rotor Wankel.
Unlike conventional piston engines, a 5-rotor configuration produces an incredibly high and consistent sound frequency at high RPMs, eerily similar to legendary race cars from the early 2000s era.
And it's not just about the sound. The power generated by a setup this extreme is absolutely insane when unleashed on the dyno. This is a true engineering masterpiece-where precision meets pure, unfiltered power.
Put on your earphones, crank the volume all the way up, and enjoy this mechanical symphony.
⚡️A society where work becomes optional for the masses without a harder replacement structure turns into a meaning-collapse machine.
A lot of people romanticize freedom because they confuse relief from labor with the creation of purpose. Those are different things. Remove work from millions of lives and you do not just remove income pressure. You remove rhythm, hierarchy, standards, deadlines, social contact, forced competence, and the daily confrontation with reality that keeps a personality stitched together. A huge number of people are being held upright by structures they claim to hate.
A lot of people will not use open freedom to become more alive. They will drift into sedation. More scrolling. More weed. More porn. More gaming. More synthetic relationships. More dissociation. More fragile identity. More anxiety disguised as lifestyle. More depression disguised as “rest.” More people quietly discovering that they were never actually taught how to govern themselves.
The darkest part is that this can look humane on the surface. People get money. They stop starving. They stop commuting. They stop doing jobs they hate. And then the center falls out anyway, because the human nervous system does not thrive on comfort alone. It needs aim. It needs friction. It needs earned self-respect. It needs some reason to become stronger tomorrow than it was today.
The minority will do well. They will build, train, study, create, raise families, compete, pursue mastery, and turn freedom into force. A much larger share will rot in abundance because abundance without form becomes psychic poison.
So what do I really think?
I think mass optional work in the current civilization likely produces a softer, richer, more medically managed version of collapse. Not immediate chaos. Slow decomposition. A population materially supported and psychologically disintegrating.
UBI does not save a broken civilization.
It gives a broken civilization more time to decay in comfort.