Bitcoin can't be the best store of value and the best money, it's counter-intuitive. Stablecoins have saved the dollar. If you're waiting for it to die, you'll be waiting a long time.
Solution: save in BTC, borrow dollars, do it permissionlessly on Bitcoin L1 using @Ducatstable. Non-custodial BTC-backed dollar liquidity. Not non-custodial, “oh, but there is another blockchain involved.” Actually non-custodial on L1, with loan outcomes governed by script and Bitcoin consensus.
Two things are becoming clear as ai tech evolves:
- ai is not “intelligent” in the same way humans are
- ai is definitely, irrefutably “intelligent” according to any reasonable (ie non-cope) pre-ai definition of the word
I think what we will see happen over time is that “machine intelligence” utterly mogs humans in certain tasks (already does), while remaining fairly dumb at others.
This trajectory is already evident in that we have machines that can solve unsolved Erdős problems but still struggle to drive cars without assistance.
There are orders of magnitude more humans - even very low iq humans marginally capable of complex tasks - who can drive competently, yet there are very few - indeed literally 0 - of the smartest humans on earth, who solved the unit distance conjecture.
I think we will continue along this trajectory for some time, where machines outclass humans at some tasks, while remaining stubbornly dumb at others.
Soon these highly machine intelligence-suited tasks will become commoditized and the low hanging economic fruit enabled by this commodification will be plucked.
Despite the ensuing disruption, good old Jevon will ensure the commodification of certain types of intelligence creates far more jobs than it destroys, and it will be deflationary in the industries where intelligence commodification dramatically lowers production costs.
Humans will increasingly occupy niches where ai struggles to replace all human capabilities, very smart humans will kludge and sandbox ai to accomplish tasks to which it may not be uniquely suited without some kludging.
The real question in my mind is whether gradient descent as a technique is truly substitutable - with tweaking - for all forms of “intelligence,” or whether we will come to understand it as subsuming only a part of what we regard as “intelligence” - with some new technique required to achieve a more fully human-substitutable intelligence.
This question will determine whether we are at the beginning of an infinite exponential or an S-curve. And that’s a very important distinction for predicting more than a few years into the future.
Regardless, for the first few years, S-curves feel like exponentials, and even if it is, we are far from the top of this one.
🔥 @Ducatstable joins CMC Labs to bring non-custodial Bitcoin credit to the world’s largest digital asset.
Built natively on Bitcoin L1, Ducat lets users access BTC-backed stablecoin loans without selling, wrapping, or surrendering custody of their Bitcoin, with loan terms enforced by Bitcoin Script.
Full details 👉 https://t.co/Vawc0O0q3u
(CMC Labs: Partnership)
🇩🇪 A German man called Olaf Scholz a bastard on Twitter because his Fortnite update was going at 173KB/s
The German state responded with a formal written criminal accusation under defamation law.
The tweet had 503 views.
The man had downloaded 102MB of a 37.9GB file.
He had 37,800MB left to go. The police got there before the download did.
I lived 5 years in the uk and 2 years with monthly travels to the us for 1 or 2 weeks at a time. im very aware of the state of affairs.
looking at the numbers in the Uk and extrapolating the personality and close circle of my immediate family gives me an extremely clear picture of the risk profile they are facing.
the numbers are working extremely agaisnt them. How ever bad you think the numbers are they are worse.
Just cause the numbers have been normalised does not make them barbaric to any sane person. and if you need any further proof the UK and london in particular are a failed state just look at elephant and castle or bethnal green.
shame, really, london used to be my favourite city in the world.
My family is concerned im getting radicalised cause I wont travel to the UK. I feel a deep sense of moral failure not actively removing them from
what amounts to a failed state.
When the time comes I hope they can laugh at me and how wrong I was. The alternative is grim.
Sikh man stabbed 18-year-old university student to death with an eight-inch ceremonial knife after claiming he'd been racially abused, court hears https://t.co/PXXSNZG2Lg
@CosmoCrixter@BitcoinPierre@BillHughesDC well im building this as a cashu/ecash setup so theoretically you could spin your own provider and then delete/bring it down
@CosmoCrixter@BitcoinPierre@BillHughesDC you can design with certain gurantees of but with no gurantee the code would in fact execute. you would be made aware it has not been deleted though. so the operators cant cheat you as such.
As unfortunate as bullying can be it is the greatest form of antisocial behaviour policing that can be implemented. Unfotunately the internet has shifted the balance too far. If it was limited to irl situations it would likely be a net-positive for large scale social cohesion.
Growing up includes realizing that the popular jocky frat bros are usually popular because they’re cool and fun to hang out with and that nerds are often not diamonds in the rough and are rather unpleasant and off putting in character as well as appearance.