Everyone ‘knows’ AGI will either make us all unemployed or fabulously wealthy. Except, a rather brilliant (and chilling) paper from a Yale economist suggests it's neither.
It says the economy will boom, and our wages... won't. A bit awkward.
I've been digging into this 2025…
The reason @saylor claims Bitcoin is valuable digital property is because it's the only asset with a fixed supply. But anyone with a Solana address can create a meme coin with a fixed supply at practically no cost. The potential supply of fixed-supply digital assets is infinite.
2. Elon hates large teams
Small team = Small meetings = More work done.
He believes small teams have the intensity and focus which big teams lack.
Andrej Karpathy, who worked directly under Elon, explains how he by default wants to fire low performers:
3. Chase speed
Elon frequently kicks off intense efforts he calls stunts, where he sets a impossible deadline and forces the team to achieve it
My favorite snippet from Walter's biography on Elon where he tells how Elon completed work worth 6 months in 6 days 👇
There's a shocking fact about AI that nobody tells you: You can catch up to the public AI research frontier in just 2 weeks. Yes, really.
I've built a $150M annual revenue startup over the last 8 years and If I were to start a company today, I’d drop everything and go all-in on…
There’s only one way to stop me, and it’s to get out of the way. Let Bitcoin become what it was meant to be—not a circus for Ponzi schemers, not a playground for dreamers chasing impossible riches.
Let bitcoin do what it can, what it should—to deliver micropayments, to give…
Is BTC still Bitcoin? Our latest video examines the satirical 'new BTC white paper' and its implications for the future of cryptocurrency.
youtube.com/shorts/goRvFVr…
The New Whitepaper...
BTC: A Distributed Ledger for Expensive, High-Value Digital Transactions
Abstract
BTC functions as a distributed ledger system for high-value digital transactions, heavily dominated by centralized entities like bucket shop exchanges, ETF providers, and…
Dr. Wright's appeal in #COPA v Wright is scheduled to continue August 5th, 2024 in the UK.
I have written a detailed analysis of Judge Mellor's judgment and the problems with it, along with sources to prove the facts. Please spread this far and wide:
crypto-rebel.medium.com/copa-v-satoshi…
"I sent Bitcoin over the Lightning Network and it was so fast and cheap!"
No, you didn't send Bitcoin. At all. How do you suppose you skipped the mempool queue and paid a fraction of what the regular Bitcoin transaction fee is?
Because you didn't send Bitcoin, that's why. The…
Great Quote From A $100 Billion Man…
“Ask yourself who you’d want to spend the last day of your life with and then meet with them as often as you can.”
~ Warren Buffett
Who is on your “last day of your life” list ?
#WarrenBuffett#CriticalThinking
Let’s see what ChatGPT tells us about the #Satoshi#Identity question:
In legal contexts, the issue of attributing authorship to a pseudonym, particularly when it represents a collective rather than an individual, is complex and varies depending on jurisdiction. Generally, the…
Of course, many industries don't want micropayments.
Industries serving data in exchange for advertising are the prime example of an industry that will fight tooth and nail to stop micropayments.
#Meta
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