As a corporate lawyer, I've been incorporating companies for 17 years, & it's a mess. Somehow we really got robots & AI before a halfway decent startup app.
So I built it myself--oneshot formation, cap table, governance and onchain identity for your startup today.
@serpinxbt this is why I kind of became zen about pump 'n dumps based on like a 2-3 week craze or whatever...you contributed a little idea/moment and you got your payday & now coinbase or pump or whoever can institutionalize it, it seems to just be how crypto ended up working
I'm just going to start shamelessly promoting the stuff that I like and accept all the 'cool kids' in crypto will just constantly dunk on me. I can't change my way of thinking, it happens to be extremely non-consensus at the moment, it is what it is.
ETH programmable SoV vs. 'pet rock' BTC SoV
I choose programmable
I can see the counterarguments ofc (great one implicit here: https://t.co/tgreRp5zCf), but ultimately I think they don't 'win'
oof, big topic, I will try to at least indicate a bit my thinking about it though can't go super deep:
(1) I think there is sort of a potential purist position for Bitcoin that is superior to ETH but it's more 'on paper' at this point then anything and I find all of @GrassFedBitcoin 's critiques pretty persuasive
(2) the 'pet rock' aspect of Bitcoin has always troubled me...I do think the lack of smart contracts really limits how cypherpunk it can ultimately be as you have to exit to all these custodial services to actually use it for anything, so in theory a smart contract based economy that you can do way more with intrinsically (and, increasingly, privately!) should be more cypherpunk/better sanctuary tech
(3) related to #1, if you think censorship resistance is a core property of freedom money then you either need extreme *actual* decentralization of mining (Bitcoin no longer has this) or you can't accept libertarian mining philosophy (see entire drama that the XBT guys have raised)...Ethereum is afaik the only chain that has rejected libertarian mining philosophy, originally socially through combo of PoS and credible threat of social slashing, and more recently (and much more directionally effectively imo) through FOCIL
this Telegram "community feature" is like so OP how tf did I not know this exists
it's better than folders because you can selectively let members of one chat automatically see/join one or more of the others
basically composability for group chats
if you're an app-layer dev or an Ethereum power user, have you looked at the Glamsterdam EIPs or provided feedback to the core devs over the past 1.5 years?
My stance is that $RAIL is overlooked.
@RAILGUN_Project fundamentals since late May:
> Fees: $13.9M cumulative, $381K last 30D, ~$4.6M annualised
> TVL: $97M → $113.5M
> Volume: $5B → $5.5B+
> Staker yield: 4.3% → 9.1%
> Holders revenue strengthening ($225K in Sep)
> Remains the highest-earning privacy tool on Ethereum
Distribution has also been gaining traction.
@anondotinc has already processed $20M+ in volume and 3,500+ private transactions, meanwhile @ambire integration is in internal testing and Ethereum Kohaku continues to ship.
The gap between today’s fee run-rate and the channels still coming online is where I see the asymmetry.
Coin Center in Politico Decoded this morning.
Crypto is working its way into Wall Street. DC is embracing centralized issuers using blockchains. What’s lost in all this is the cypherpunk, private, self-sovereign original purpose of the technology. That’s what we fight for.
I'm sorry but this type of thing shows solutionism as rampant in AI as in crypto . . .
take a deep breath & realize you are probably way better off with finite deterministic templates & siccing the AI on that than document-wide generative legal AI with all these kludges...
TRACKED CHANGES: A Louisiana appeals court bought two servers to build its own AI. The two judges behind the plan shared their blueprint on Substack, saying they want the custom system to check filings, flag fake citations and screen briefs for hidden AI prompts.
@renegadesilicon at a certain point with all these kludges & potential skill issues, it just makes a lot more sense to stick to deterministic templating and sick the AI on that