H. Kissinger commenting on the scenes of Arab migrants in Germany celebrating Hamas’ attack on Israel:
“It was a grave mistake to let in so many people of totally different culture and religion & concepts, because it creates a pressure group inside each country that does that”
There will never be a consumer product that takes off purely for political reasons—like “being censorship resistant” or “decentralizing banking”
Think of consumers as lizard brains: they mindlessly tap on rectangles on a screen for basic needs—like making money or finding a date
If AI turns mediocre writing containing no new ideas into a commodity, will that increase the "price" of good writing that does contain them? History offers some encouragement. Handmade things were appreciated more once it was no longer the default.
A market maker from a smaller futures exchange tried to attack @binance futures platform. NO ONE was liquidated, as we use the index price (not futures prices) for liquidations (our innovation). Only the attacker lost a bunch of money, and that was that.
And we finalized!
Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.
The main purpose of religion, I wrote in the Incerto, is not to affirm that there is a God, but to prevent humans from thinking they are Gods.
Likewise the purpose of a modern king is not to rule, but to prevent politicians & office climbers from thinking that they are kings.