Viktor Vecsei

interested in various layers of the privacy problem
coo at @ivpnnet

[Viktor Vecsei @vonthedock]

@PraiseKek Are you still holding CZR Kek? What do you make of the Zuleika news?

[Viktor Vecsei @vonthedock]

testing @NousResearch Hermes for project with a local vault + TEE inference...is there a good way to set up a council session with different models? research comes up as "ask the question, switch model, repeat" even with a custom skill built..not ideal.

[Viktor Vecsei @vonthedock]

@AnandButani @AiBreakfast You can have backups and sync for critical files across devices with offline-first. Many privacy services use this model with E2E encryption.

[Viktor Vecsei @vonthedock]

@that1618guy Tracking this closely. Do you have any resistance / tp levels above 205?

[Viktor Vecsei @vonthedock]

@factorydoge69 what’s the source?

[Viktor Vecsei @vonthedock]

@Mayhem4Markets @TraderadeTweets What’s your data source / API for projects like this?

[Viktor Vecsei @vonthedock]

@LSDinmycoffee How do you get exposure to psychedelics? (Market wise, clear on other channels 😉)

[Viktor Vecsei @vonthedock]

@JoshYoung Ironically Bob is calling out a 250k follower crypto influencer with schooling only to get copied by another 250k crypto influencer, Baudillard would chuckle.

[Viktor Vecsei @vonthedock]

@JoshYoung Seems to be copied from: https://t.co/TYObpTCxXH

[Bob Kendall (The Kendall Report) @PortfolioXpert]

So here’s the issue you get influencers like this guy have a quarter million followers and they claim they don’t know why it is declining… it’s because they don’t understand basic mechanics of price discovery.

They don’t understand that the marginal buyers or the float determines price they think the onchain bitcoin is that is the price discovery

Well, it was once upon a time but now..

Once you can synthetically manufacture the supply, the asset is no longer scarce and once scarcity is gone, price becomes a derivatives game, not a supply-and-demand market.

This is exactly what has happened to Bitcoin.

This is the same structural break that occurred in gold, silver, oil, and eventually equities once they became derivatives-dominated.

The original premise that no longer exists

Bitcoin’s entire valuation logic was built on finite supply (21M) and inability to be rehypothecated.

That died the moment:
•Cash-settled futures
•Perpetual swaps
•Options
•ETFs
•Prime broker lending
•Wrapped BTC
•Total return swaps

were layered on top of the chain.

From that moment forward:

Bitcoin supply became theoretically infinite.

Not on-chain in price discovery.

The metric that explains the collapse

Synthetic Float Ratio (SFR)

Once you can synthetically manufacture the supply, the asset is no longer scarce — and once scarcity is gone, price becomes a derivatives game, not a supply-and-demand market.

That is exactly what has happened to Bitcoin.

This is the same structural break that occurred in gold, silver, oil, and eventually equities once they became derivatives-dominated.

Why Wall Street can now “trade against” Bitcoin

They do exactly what they’ve done in every commodity market:
1.Create unlimited paper BTC
2.Short into rallies
3.Force liquidations
4.Cover lower
5.Repeat

They are not “betting” — they are manufacturing inventory.

The same 1 BTC can now support:
•An ETF unit
•A futures contract
•A perpetual swap
•An options delta
•A broker loan
•A structured note

All at once.

That is six claims on one coin.

That is not a market.
That is a fractional reserve price system.

[Viktor Vecsei @vonthedock]

@jtgronerth @LSDinmycoffee Will take a look thanks Jose

[Viktor Vecsei @vonthedock]

@jtgronerth @LSDinmycoffee looking at this recently, do you have a preferred way to play it?

[Viktor Vecsei @vonthedock]

@rcfstreet try https://t.co/jhVj8rr1Hi , switched to this from being drowned in note to self’s and 5 notes in 3 apps. now i can pull up links tagged when i need them, when starting to dig into topic x. And just accept might never get to them, which is also a win.

[Viktor Vecsei @vonthedock]

Apps: @AnythingLLM @msty_app @lmstudio @OpenWebUI / Inference: @TinfoilAI @PhalaNetwork @near_ai / Routers: @NanoGPTcom @openrouter @redpill_gpt @PPQdotAI / Web services: @KagiHQ @Brave @DuckDuckGo @TryMapleAI @asklumo

[Viktor Vecsei @vonthedock]

Most LLM providers log your queries and profile you. I’ve compiled a list of tools for privacy friendly AI use:
- Local-first apps
- Encrypted cloud inference
- LLM routers
- Web services
This one is for sovereign individuals, not enterprises.
https://t.co/eOkjOfp0J1

[Viktor Vecsei @vonthedock]

Testing Witsy by @nbonamy https://t.co/bw7Dcw6hsY
was curious if I can get a quick verification on privacy claims with a couple of prompts+followups - now you just have to trust your agent to do it's job well if you don't have the time to review the code manually...

[Viktor Vecsei @vonthedock]

Your mind makes up suboptimal goals to distract you from taking the hard path towards realising your potential. These goals get entrenched and make you participate in engaging long-term games, creating an illusion of progress. Stop taking the escape route.

[Viktor Vecsei @vonthedock]

you have collected enough links, advice, youtube videos, book recommendations
you can close all browser windows
every one of your note taking apps
then clear your cache
i promise nothing will be lost
get action

[Viktor Vecsei @vonthedock]

@itsolelehmann @jancarlosbtc @gregisenberg dm me if you/others want to chat about it I can walk you through the issues and economics

[Viktor Vecsei @vonthedock]

@itsolelehmann @jancarlosbtc @gregisenberg Your idea makes sende. But - building from scratch and operating the infra competently is not viable for “influencers”. vpn companies that offer a turnkey wl service are not competent and/or trustworthy. For this reason this model is a massive liability risk for both parties.

[Viktor Vecsei @vonthedock]

@rue_du_coin @vladcostea This is not true, and I can 100% attest to it as an operator of a commercial, non-NSA run VPN service. There is no way to prove this to you, however, so you can safely carry on claiming this - your choice. Happy to discuss in person if you attend this/any conference.