@KeithSingery@DreadBong0 Not all of us want to follow subnets all day every day, or even care which ones do well long-term. Some just want to bet on the competitive machine & focus on producing value in other areas of the world.
@TaoOutsider Root is the $SPY of $TAO. APY is a meme when a subnet’s valuation can get vaporized in a day if a competing subnet takes off. Investing in root is betting on bittensor’s underlying competition mechanism. It’s betting on subnets that have not been born yet. Few.
That guy that doesn't enjoy spending time with his son...
He has a classic case of overdosing on cheap dopamine
This is why real-world maxxing is critical
You can chug coffee and scroll until your thumbs bleed
but you're just inviting an army of silicon valley algo engineers to infiltrate your brain chemistry
and it's going to make everything in the real world seem boring
Even the stuff that offers a healthy brain the feeling of actual fulfillment (time with family and friends, exercising outdoors, progress on meaningful work, art/music)
This is probably an epidemic of some kind
Most of us are hijacked to a certain extent
Constant novelty from scrolling, watching out net worth explode due to money printing... These are all the types of things that desensitize you to the real world
But real world maxxing is the antidote
- Push yourself physically in nature
- Go play tennis, hike, or golf with friends
- Find something useful to do off the computer
The alternative is to scroll your entire life away, giving your focus and energy to an endless stream of events that you have zero control over
Imagine looking back on your death bed and realizing you missed your son's entire childhood because you preferred to stare at a screen
damn
Ray Dalio the 🐐
In 2025, the S&P 500 went up 18%, but due to a 12% USD decline, it only returned 4% in euros. If a euro-based investor earned a 4% yield holding euros, the net benefit of holding the S&P 500 (much more risk) would be equivalent to holding euros for the year.
⚡️High salaries feel like wealth because they sit at the intersection of effort and reward in a linear world.
You show up. You perform. You get paid.
That mental model works when systems are small, competition is local, and leverage is limited.
That world no longer exists.
What Altman is really pointing at, whether he articulates it fully or not, is this:
Modern wealth comes from position inside compounding systems.
Equity. Ownership. Network adjacency. Optionality. Narrative control. Timing.
Once a system reaches sufficient scale, labor income stops being a generator of wealth and becomes a consumption allowance. Even very large salaries function that way. They buy comfort and status. They do not buy escape velocity.
The uncomfortable part is this.
Most people who chase high salaries are not foolish. They are rational actors inside an outdated map of reality. That map taught them that excellence would be rewarded proportionally. That is no longer true once returns follow power laws.
In power law systems, the top 1 percent capture the majority of outcomes. Not because they work 100 times harder, but because they occupy nodes where small advantages compound explosively.
This is why two people can be equally intelligent, equally disciplined, equally hardworking, and end up worlds apart financially.
One sells time.
The other owns leverage.
High salaries are seductive because they mimic leverage early on. They feel like progress. They feel like winning. And for a while, they are.
Then the ceiling appears.
At that point, effort stops mattering and exposure starts mattering.
Here is the deeper layer almost no one wants to confront.
Many people cling to the salary myth because it preserves moral clarity. It implies fairness. It implies merit. It implies that the world rewards contribution.
Leverage based systems do not care about moral narratives. They reward positioning. They reward being early. They reward owning the bottleneck. They reward controlling the interface others must pass through.
That realization is destabilizing because it means the game is not fair in the way people were taught.
It never really was, but now the mask is off.
Altman understands this because he sits at the center of a compounding system. He does not get rich because he earns money. He gets rich because the surface area of his decisions touches massive flows of capital, talent, and attention.
The reason this quote resonates is because people feel the mismatch viscerally.
They can sense that no amount of grinding, credential stacking, or optimization will bridge the gap anymore. The ladder they were climbing does not reach the next floor.
So the truth, stated plainly, is this:
High salaries build comfort.
Ownership builds freedom.
Control over systems builds power.
And the earlier you understand which game you are in, the less life you waste optimizing the wrong variable.
That is the real message beneath the quote.
Everything else is cope.
@karpathy I saw this coming 18 months ago and left tech. Only those who are deeply passionate about technology will survive as programmers. Simply being a power user of emerging technologies will create a big advantage if coupled with domain knowledge of a specific industry.
Imagine having to work a grocery store job at 88 years of age because your company took your pension away just as you were getting ready to retire. This is sad.
Nide vid sir! Always a pleasure.
It seems like the 1.2M delta between chutes' and ridges' alpha liquidity is exactly the difference between these two numbers. Does this mean 2.4M ridges alpha is held in wallets as opposed to only 1.2M chutes alpha held in wallets? So as price goes up, assuming people sell, The 2.4M number decreases and the 726K number increases?
“Bitcoin has no utility” used to be my biggest criticism.
Then I learned Bitcoin protects our money from the government devaluing our purchasing power.
There’s no better utility than that.
What an amazing blessing to have visited the site of Christ's death and resurrection. I am immensely grateful to to the Greek, Armenian, and Catholic priests who care for this most sacred of places.
May the Prince of Peace have mercy on us, and bless our efforts for peace.
MARA Pool is pumping out "MADE IN USA" Bitcoin with 16 blocks mined in the last 24 hours 🇺🇸
MARA has secured over 10% of the $2 Trillion Global Bitcoin Network with a realized hashrate of 117 EH/s
$MARA received over 50 $BTC in mining rewards by providing this Network Security