Universal High Income $INCOME
needs infrastructure to enable you to receive it.
That’s exactly what we are building.
$INCOME IS THE ONLY OUTCOME.
https://t.co/VHOXAkixOV
The trenches took value from a lot of communities. $INCOME is how we rebuild it, together.
Our Partner Architecture is nearly ready for #CTO and Token Project Partners to join the $INCOME Ecosystem:
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We are going to onboard a billion agents. 🤖🤖🤖
That fact has been widely accepted now. How exactly we are going to scale our networks for that traffic is something we all hope gets figured out along the way.
When I first learned about DAGs in 2018 I got very excited about the fact that their web-like topology could help us solve some of the scaling issues that plagued decentralized ledgers since inception.
Unfortunately the trade-off, so far, has usually been centralization of nodes. And that trade-off is frankly not acceptable.
Wyatt is one of the early pioneers in the space and I am confident that with @RealityNetw0rk's low hardware requirement community nodes he is going to deliver a network that finally lives up to the ideal of a high throughput network that is widely distributed.
Immunefi’s CEO @MitchellAmador at @RektHQ Rekt Summit: “This is the best year in history of defi security”
90% of the $3B+ money lost last year was due to offchain components: centralized databases, frontend spoofing, social engineering. The actual smart contract layer has never been more secure.
I feel very strongly about this myself: If you are building protocols and tools that host and handle other people’s money you have to be extremely allergic to centralized single points of failure.
They oftentimes come as a trade off for better UX but you need to understand the deal you are making here and harden the other relevant security surfaces.
"Bull markets are built on dead bodies", Kaz taught me this many years ago. I have seen it happen a few times since then and I have a feeling we are in that part of crypto's cycle again.
I want to tell you that if you have structured your life in a way that the tides of bull and bear dominate your well being and peace of mind, you need to make changes.
At the same time good things happen once the market has traversed this valley of death.
But we don't know how long it will take to lay this gruesome foundation and please make sure you are not part of it:
Talk to your friends, talk to your family, your spouses. Talk to your fellow traders. You might feel embarrassed but trust me they are all sitting on embarrassing things they did as traders and will love you more for being open about it.
I am not insinuating that every RIP across our time line has to be a suicide. But other causes (health, accidents) can also be influenced to a certain degree by how much strain you allow the market to put on yourself.
1/ It's 🚨BREAKING and it will keep happening. This isn't a Claude problem.
We are building on systems (llms) that by definition can't follow rules or keep a secret.
Isaac Asimov's nightmare: The rule that can't be written. 🧵
Stablecoins bridge the gap today but they are not the real revolution yet.
As we scale AI agents into the trillions, it's improbable they'll rely on centralized fiat currencies tethered to nation-state legacies.
Instead, expect them to natively transact in decentralized digital units of account optimized for machine economies.
Crypto is AI money but stablecoins are human-money onchain.
1/ CZ admitted crypto payments failed. Then he explained why it doesn't matter.
What he said at Davos is worth unpacking:
"We tried but nobody really pays in crypto."